HSBC Mutual Fund has announced the launch of HSBC Global Equity Climate Change Fund of Fund. The scheme would be investing its assets HSBC Global Investment Funds - Global Equity Climate Change (HGECC).

The New Fund Offer (NFO) starts from 03rd March 2021 and will end on 17th March 2021. The fund will reopen for continuous sale and repurchase on 30th March 2021.

Investment Objective

The investment objective of the scheme is to provide long-term capital growth by investing its assets in HSBC Global Investment Funds - Global Equity Climate Change (HGECC). Along with this, the fund may also invest its assets in money market instruments and units of other overnight or liquid mutual fund schemes to meet liquidity requirements.

Features

The Fund will be investing a minimum of 95% of its assets in its underlying fund which is HSBC Global Investment Funds – Global Equity Climate Change.
The fund aims to give exposure to companies following different themes across geographies.
The Fund will have exposure to 40-50 companies in its portfolio.

How does ESG work?

ESG has a material effect on the company's performance.
Consideration of Material ESG factors is an integral part of security analysis.
Portfolio managers & analysts use the in-house ESG ratings system for the selection of portfolio companies. ESG ratings help to make good investment decisions.
CIO has the accountability for the ESG integration.
ESG specialists support the global investment teams.

Why invest in HSBC Global Climate Change Equity Fund?

The fund will offer the benefit of geographical diversification. These companies may offer varying & contrasting risk-adjusted-performance in various investment cycles.
Geographical & sectoral diversification can lead to risk reduction in the investor's portfolio. It can help to diversify the investor's domestic dominant portfolio.
The fund gives the opportunities to invest in different themes.
The Fund will give exposure to different markets & global markets including companies like Apple, Samsung, Google, etc.
The fund will offer the benefit of currency-adjusted performance through investments in global companies.
The fund can help to benefit from the growth in developed as well as developing countries.

Also Read: What is Portfolio - Meaning, Types, Management, Components, Objective, Steps to Build Portfolio

Who Should Invest?

This scheme is suitable for investors who are -

Interested in long-term capital growth.
Interested in investments in companies that can be benefited from climate change through fund of fund route.
Recommended for investors with an investment horizon of 5 years & above.

Asset Allocation Pattern-

Instruments	Minimum % of total assets (Indicative)	Maximum % of total assets (Indicative)	Risk Profile
Units of HSBC Global Investment Funds - Global Equity Climate Change (HGECC)	95%	100%	High
Money Market Instruments and units of domestic overnight & liquid mutual fund schemes	0%	5%	Low to Moderate

About the scheme-

Name of the fund	HSBC Global Equity Climate Change Fund of Fund
Fund launched by	HSBC Mutual Fund
Asset Management Company	HSBC Asset Management (India) Private Limited
Type of scheme	An open-ended fund of fund scheme investing in the HSBC Global Investment Funds - Global Equity Climate Change
Investment Objective	The investment objective of the scheme is to generate long-term capital growth by investing its assets in HSBC Global Investment Funds - Global Equity Climate Change (HGECC). Along with this, the fund may also invest its assets in money market instruments, units of other liquid/overnight funds.
Benchmark	MSCI AC World Index TRI
Entry Load	Not Applicable
Exit Load	1% of applicable NAV - If units are redeemed or switched out within 1 year. Nil - If units are redeemed or switched out after 1 year.
Minimum Application Amount	₹ 5,000 & in multiples of ₹ 1 thereafter
Minimum Additional Amount	₹ 1,000 & in multiples of ₹ 1 thereafter
STP, & SWP	Available
Plans Available	Regular Direct
Options	Growth Dividend Payout Dividend Reinvestment
Fund Managers	Mr. Priyankar Sarkar (For overseas investment) and Mr. Kapil Punjabi (For Fixed Income)

SIP Details

Type	Minimum Installments	Minimum Amount
Monthly SIP	12	₹500 & in multiples of ₹1 thereafter
Quarterly SIP	4	₹1,500 & in multiples of ₹1 thereafter

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