Old Underlying Fund: HSBC Islamic Global Equity Index Y
New Underlying Fund: HSBC Islamic Global Equity Index (UCITS Common Contractual Fund)
Old TER: 1%
New TER: 1%
New Investment Objective: The investment objective of the Fund is to achieve capital growth over the long term. The Fund will track the performance of the Dow Jones Islamic Market Titans 100 Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and the performance of the Index. In addition, the Fund shall comply with Shariah Principles (as defined in the underlying fund’s prospectus) as interpreted and laid down by the Shariah Committee (as defined in the underlying fund’s prospectus) and provided to the Directors and the Investment Manager.
Old Underlying Fund: HSBC Islamic Global Equity Index Y
New Underlying Fund: HSBC Islamic Global Equity Index (UCITS Common Contractual Fund)
Old TER: 0.75%
New TER: 0.75%
New Investment Objective: The investment objective of the Fund is to achieve capital growth over the long term. The Fund will track the performance of the Dow Jones Islamic Market Titans 100 Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and the performance of the Index. In addition, the Fund shall comply with Shariah Principles (as defined in the underlying fund’s prospectus) as interpreted and laid down by the Shariah Committee (as defined in the underlying fund’s prospectus) and provided to the Directors and the Investment Manager.
Old Underlying Fund: HSBC Islamic Global Equity Index Y
New Underlying Fund: HSBC Islamic Global Equity Index (UCITS Common Contractual Fund)
Old TER: 0.85%
New TER: 0.85%
New Investment Objective: The investment objective of the Fund is to achieve capital growth over the long term. The Fund will track the performance of the Dow Jones Islamic Market Titans 100 Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and the performance of the Index. In addition, the Fund shall comply with Shariah Principles (as defined in the underlying fund’s prospectus) as interpreted and laid down by the Shariah Committee (as defined in the underlying fund’s prospectus) and provided to the Directors and the Investment Manager.
Old Underlying Fund: HSBC Islamic Global Equity Index Y
New Underlying Fund: HSBC Islamic Global Equity Index (UCITS Common Contractual Fund)
Old TER: 1%
New TER: 1%
New Investment Objective: The investment objective of the Fund is to achieve capital growth over the long term. The Fund will track the performance of the Dow Jones Islamic Market Titans 100 Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and the performance of the Index. In addition, the Fund shall comply with Shariah Principles (as defined in the underlying fund’s prospectus) as interpreted and laid down by the Shariah Committee (as defined in the underlying fund’s prospectus) and provided to the Directors and the Investment Manager.
Old TER: 0.99%
New TER: 0.92%
Old TER: 1.07%
New TER: 0.99%
Old TER: 0.96%
New TER: 0.99%
Old TER: 0.98%
New TER: 0.86%
Old TER: 1.04%
New TER: 0.95%
Old TER: 1.04%
New TER: 0.88%
