Monday, February 18, 2008

HSBC MF Plans To Unveil HSBC Infrastructure And Real Estate Fund

HSBC MF is planning to unveil a fund called HSBC Infrastructure and Real Estate Fund. HSBC Infrastructure and Real Estate Fund is an open-ended equity scheme. The investment objective of the scheme is to provide long term capital appreciation predominantly through actively managed investment in equity/equity related instruments of companies operating in the Infrastructure and Real Estate sectors. The scheme may also invest surplus funds in debt and money market instruments. The scheme offers growth and dividend options. The dividend option offers dividend payout and dividend reinvestment facility. The scheme will invest up to 65-100% of its portfolio in equity and equity related instruments of infrastructure and real estate companies. The scheme may invest 0-35% in other equity and equity related instruments and 0-35% investment in debt and money market instruments. Investment in securitised debt will not exceed 35% of the corpus. Investment in foreign securities should not exceed 50% of the assets of the scheme.

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