Default Replacement Fund: OMR Prof HSBC FTSE All Share Index
Closing Fund TER: 0.32
Default Replacement Fund TER: 0.15
Objective of Default Replacement Fund:
The Fund aims to provide growth over the long term, which is a period of five years or more, by tracking the performance of the FTSE All-Share Index (the “Index”). To achieve its investment objective, the Fund will invest directly in shares (equities) of companies that make up the FTSE All-Share Index. The Fund may also invest in the following assets which are not part of the Index: – cash to manage day-to-day cash flow requirements; – units or shares of collective investment schemes, including collective investment schemes managed or operated by the HSBC Group in order to manage day-to-day cash flow requirements; – equity related securities such as American Depositary Receipts and Global Depositary Receipts (which are certificates typically issued by a bank or trust company evidencing ownership of shares of a non-US issuer) in order to achieve exposure to a stock instead of using a physical security.This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
Default Replacement Fund: OMR HSBC FTSE All Share Index
Closing Fund TER: 0.32
Default Replacement Fund TER: 0.15
Objective of Default Replacement Fund:
The Fund aims to provide growth over the long term, which is a period of five years or more, by tracking the performance of the FTSE All-Share Index (the “Index”). To achieve its investment objective, the Fund will invest directly in shares (equities) of companies that make up the FTSE All-Share Index. The Fund may also invest in the following assets which are not part of the Index: – cash to manage day-to-day cash flow requirements; – units or shares of collective investment schemes, including collective investment schemes managed or operated by the HSBC Group in order to manage day-to-day cash flow requirements; – equity related securities such as American Depositary Receipts and Global Depositary Receipts (which are certificates typically issued by a bank or trust company evidencing ownership of shares of a non-US issuer) in order to achieve exposure to a stock instead of using a physical security. This fund invests in the underlying retail fund in order to track its performance, this means that fund performance may differ to the underlying fund.
Receieving fund: Stewart Investors Global Emerging Markets Leaders fund
