HSBC European Index Fund Retail Accumulation
ISIN GB0000469071 / Valor 1160914
HSBC European Index Fund Retail Accumulation
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The HSBC European Index Fund aims to mirror the FTSE Developed Europe excluding UK Index by investing mainly in large and medium-sized companies from developed European markets outside the UK. It holds shares of these companies in the same proportions as the index, though it might exclude some to manage costs and comply with policies. Additionally, the fund may keep cash and other HSBC-managed funds for daily needs, use derivatives to efficiently manage the portfolio in line with its risk profile, and lend securities up to 25% of its assets. All income earned is reinvested into the fund.
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