HSBC American Index Fund Institutional A Accumulation
ISIN GB0031008773 / Valor 2027584
HSBC American Index Fund Institutional A Accumulation
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HSBC American Index Fund aims to replicate the S&P 500 by investing directly in the stocks of the 500 largest U.S.-listed companies in roughly the same weightings as the index; however, it may sometimes omit or adjust holdings for practical reasons such as transaction costs, market conditions, regulatory limits or HSBC’s banned-weapons policy. The portfolio can also hold cash and other funds (including HSBC-managed funds) to handle day-to-day cash needs, may use derivatives for efficient portfolio management (for example to manage timing of cash and dividends), and may enter securities-lending agreements (up to 29% of assets, though not expected to exceed 25%); the strategy targets a tracking error around 0.10%.
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Arthur Blümke
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