HSBC Global Equity Climate Change Fund of Fund NFO is open for subscription from the 03rd of March 2021 till the 17th of March 2021. The fund will be 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.
The fund aims to get benefit from the climate change themes:
Sustainable Water or Wastewater Management
Climate Change Adaptations
Pollution and Waste Prevention & Control
Circular Economy and Resource Efficiency
Natural Capital & Ecosystems
The minimum initial investment in the HSBC Global Equity Climate Change Fund of Fund is Rs. 5,000, while additional investments are permitted with Rs. 1,000. The fund carries an exit load of 1% on units redeemed within one year from the date of purchase. HSBC Global Equity Climate Change Fund of Fund is suitable for investors with a long-term horizon and with a higher than average risk appetite.