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Investors may obtain the Scheme Information Document, the Statement of Additional Information and key information memorandums along with application forms from HSBC Mutual Fund, 314 D N Road, Fort, Mumbai 400 001. Call us at +022 6666 8819.
Statutory details: HSBC Mutual Fund has been set up as a trust by HSBC Securities and Capital Markets (India) Private Limited (liability restricted to the corpus of Rs.1 Lakh). The Sponsor/associates of the Sponsor/AMC are not responsible or liable for any loss or shortfall resulting from the operation of the Scheme. The Trustees of HSBC Mutual Fund have appointed HSBC Asset Management (India) Private Limited as the Investment Manager.
Risk factors: All investments in mutual funds and securities are subject to market risks and the NAV of the Scheme may go up or down depending on the factors and forces affecting the securities markets. There can be no assurance that the objectives of the Scheme will be achieved. Past performance of the Sponsor, AMC, Mutual Fund or any associates of the Sponsor/AMC does not indicate the future performance of the Scheme. Country-specific information could yield results substantially different than that be set herein. Investors shall bear the risks and recurring expenses of the underlying scheme(s) into which the Scheme invests. HSBC Brazil Fund (HBF) is only the name of the Scheme and does not in any manner indicate the quality of the Scheme or its future prospects or returns.
Scheme Classification and Objective: HBF (an open-ended Fund of Funds scheme) seeks to provide long-term capital appreciation by investing predominantly in units/shares of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money market instruments and/or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time.
Asset allocation: Units/shares of HGIF Brazil Equity Fund – 95 to 100 per cent; Money Market instruments (including CBLO and reverse repo) and/or units of liquid mutual fund schemes – 0 to 5 per cent.
Load structure (includes SIP/STP – available only during Continuous Offer): Entry – nil; Exit – 1 per cent, if redeemed/switched out within one year from the date of allotment; otherwise, nil. The exit load set forth above is subject to change at the discretion of the AMC, and such changes shall be implemented prospectively.
Terms of issue and mode of sale and redemption of units: Units of the Scheme are being offered at Rs. 10/- during NFO and thereafter, at NAV-based prices. The AMC will calculate and publish the first NAV of the Scheme within five business days from the date of allotment of units and thereafter disclose the NAV on every business day. The AMC will offer for sale and redemption, units of the Scheme within five business days from the date of allotment of units and thereafter, on all business days, at the applicable NAV. The redemption/repurchase proceeds shall be dispatched within 10 business days from the date of redemption/repurchase request.
Investor benefits, general services offered: ASBA facility available during the NFO (refer to the application form for instructions); SIP and STP facility available during continuous offer.
The NAV of the Scheme shall be published in two daily newspapers and also uploaded on the AMFI website (www.amfiindia.com) and the Fund’s website (www.assetmanagement.hsbc.com/in) by 10 am of the following business day. Read the Scheme Information Document and Statement of Additional Information carefully before investing.