Tuesday, May 27, 2014

HSBC MF Announces Change In Fundamental Attributes of HSBC Unique Opportunities Fund

With effect from 18 July 2014

HSBC Mutual Fund has announced the change in fundamental attributes of HSBC Unique Opportunities Fund, with effect from 18 July 2014. 

The proposed changes are: 

Name of the scheme: HSBC Dividend Yield Equity Fund. 

Investment objective: The scheme aims to generate dividend yield and capital appreciation by primarily investing into equities and equity related securities of domestic Indian companies. 

Asset Allocation: 

The scheme will invest 65%-100% of assets in dividend yield focused equity and equity related instruments, invest upto 35% of assets in other equity or equity related instruments with high risk profile and invest upto 10% of assets in debt and money market instruments with low to medium risk profile.