HSBC European Growth Income Units
Also available as accumulation units
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 1.70% |
| Launch date | 28-02-1986 |
| Launch price | £0.50 |
| Sector | Europe Excluding UK |
| Fund size | £224 million |
| Number of holdings | 29 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Nick Dowell
Located in: London
Nick Dowell is a Fund Manager for Halbis, HSBC Global Asset Management's specialist investment business focused on active fundamental management. He has been with HSBC since January 1994. He joined the Halbis European Equity team in January 2000 as a portfolio manager and took over managing the HSBC European Growth fund in November 2007. Before this Nick managed Pan European equity funds and worked along side Angus Parker (Head of Pan European Equities) on UK equity fund management. Prior to that Nick was a member of HSBC's Global Research Group - a quantitative team, where he was responsible for designing global stock selection models. Nick holds a BSc (Hons) degree in Actuarial Science from City University, London and is a CFA Charterholder.
Income details
| Historic yield | 0.74% |
|---|---|
| Income paid | 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 September 2008 |
|---|---|
| Payment date ³ | 15 November 2008 |
Top 10 holdings
| UBS AG | 4.61% |
|---|---|
| Acciona S.A. | 4.51% |
| Syngenta AG | 4.47% |
| Endesa S.A. | 4.43% |
| Enagas S.A. | 4.42% |
| Hellenic Telecommunications Organization S.A. | 4.40% |
| Vallourec S.A. | 4.29% |
| Nexans | 4.21% |
| Telefonica S.A. | 4.06% |
| Casino Guichard-Perrachon et Cie. S.A. | 4.04% |
Top 10 sectors
| Fixed Line Telecommunications | 16.14% |
|---|---|
| Banks | 14.28% |
| Pharmaceuticals & Biotechnology | 11.45% |
| Electricity | 8.46% |
| Gas, Water & Multiutilities | 8.34% |
| Nonlife Insurance | 6.02% |
| Cash and Equiv. | 5.11% |
| Oil & Gas Producers | 4.57% |
| Construction & Materials | 4.51% |
| Chemicals | 4.47% |
Top 10 countries
| France | 30.44% |
|---|---|
| Spain | 17.41% |
| Switzerland | 16.69% |
| Cash and Equiv. | 5.11% |
| Norway | 4.96% |
| Greece | 4.40% |
| Italy | 4.03% |
| Finland | 3.90% |
| Denmark | 3.87% |
| Netherlands | 3.75% |
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.
