HSBC Balanced Accumulation Units
Also available as income units
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.66% |
| Launch date | 14-09-1992 |
| Launch price | £0.50 |
| Sector | Balanced Managed |
| Fund size | £334 million |
| Number of holdings | 714 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Justin Turner
Located in: London
Justin is an Associate Director of Investment Funds with responsibility for the HSBC Bank`s onshore and offshore range of investment vehicles. He joined HSBC Asset Management in 1994 and prior to this spent four years with the HSBC Bank in a variety of roles. Justin is a Bachelor graduate of Financial Services, a holder of the Investment Management Certificate and is a Chartered Financial Analyst (CFA) Candidate, Level II.
Income details
| Historic yield | 1.75% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 16 January 2008 |
|---|---|
| Payment date ³ | 15 March 2008 |
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Top 10 holdings
| HSBC Holdings PLC (UK Reg) | 4.99% |
|---|---|
| BP | 4.08% |
| HSBC Japan Index | 3.46% |
| Vodafone Group | 3.24% |
| National Grid | 2.12% |
| BG Group | 2.08% |
| British American Tobacco | 1.84% |
| Royal Dutch Shell B | 1.60% |
| Anglo American | 1.58% |
| Centrica | 1.55% |
Top 10 sectors
| Bonds | 13.92% |
|---|---|
| Oil & Gas Producers | 11.60% |
| Banks | 9.58% |
| Cash and Equiv. | 6.52% |
| Gas, Water & Multiutilities | 5.77% |
| Support Services | 4.32% |
| Pharmaceuticals & Biotechnology | 4.28% |
| Mobile Telecommunications | 3.94% |
| Mining | 3.47% |
| Life Insurance | 3.29% |
Top 10 countries
| United Kingdom | 55.04% |
|---|---|
| United States | 12.33% |
| Cash and Equiv. | 6.52% |
| France | 4.49% |
| Japan | 3.50% |
| Germany | 2.77% |
| Switzerland | 1.76% |
| Hong Kong | 1.34% |
| Spain | 1.33% |
| Netherlands | 1.28% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 28-11-2008. Data accurate as at 31/10/2008.
