The fund was launched on 03 May 1997 with an inception price of USD 10 and is targeted to clients with above average risk/return profile. The fund’s assets may be invested in equities, deposits, futures or any suitable investment to ensure efficient portfolio management, as well as to ensure that each fund performs closely in the line with the MSCI Pacific Ex Japan index.
The Asian Equity Index Fund aims to achieve long-term equity linked growth in line with the MSCI Pacific Ex Japan index.
|
Fund Manager |
HSBC Saudi Arabia Limited |
|
Fund Type |
Open Ended |
|
Base Currency of the Fund |
US Dollars |
|
Minimum Initial Subscription |
USD 2,000 |
|
Minimum Additional Subscription |
USD 1,000 |
|
Regular Monthly Subscription |
USD 250 |
|
Valuation |
Every Tuesday |
|
Cut Off time |
12 noon Sunday |
|
Redemption Payout |
2 days after valuation day |
|
Unit price at inception |
USD 10 |
|
Launch Date |
3 May 1997 |
For more information please call our toll free number
800 124 5557