HSBC Open Global Property Accumulation
Also available as income units
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.50% |
| Annual saving | 0.000% ² |
| Total Expense Ratio | 2.12% |
| Launch date | 26-11-2007 |
| Launch price | £1.00 |
| Sector | Specialist |
| Fund size | £4 million |
| Number of holdings | 10 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
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About the Fund Manager
Guy Morrell
Located in: London
Guy is responsible for the Real Estate Multimanager Team and is fund manager of the HSBC Open Global Property Fund. He has over 23 years' experience in property investment. He was formerly Chief Investment Officer, Global Property at Henderson Global Investors having joined the group to head up AMP's property fund management team and be the property portfolio manager of a large life fund. Previously he worked at Prudential Portfolio Managers and Healey & Baker. Guy holds a PhD degree from the University of Reading, a first class honours BSc degree from De Montfort University and is a chartered surveyor. He is a member of the Property Focus Group of the Institute and Faculty of Actuaries and sits on IPD Consultative Groups.
Income details
| Running yield | N/a |
|---|---|
| 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 April 2008 |
|---|---|
| Payment date ³ | 15 June 2008 |
1 of 2 
Top 10 holdings
| Henderson Global Investors Ltd | 13.47% |
|---|---|
| Schroder UTL Global Property Securities | 13.43% |
| First State Asian Property Securities Class B | 11.25% |
| Norwich European Property Class Cx | 10.31% |
| HSBC Sterling Liquidity Class A | 9.95% |
| HSBC Sterling Liquidity Plus Class A | 5.95% |
| New Star International Property Fund Class R | 5.75% |
| F&C Commercial Property Trust | 5.25% |
| TR Property Investment Trust | 4.80% |
| TR Property Investment Trust (Sigma shs) | 4.43% |
Top 10 sectors
| Cash and Equiv. | 35.04% |
|---|---|
| Managed Funds | 23.79% |
| Direct Property | 18.44% |
| Real Estate Investment & Services | 9.20% |
| Real Estate Investment Trusts | 6.73% |
| Non-Classified | 5.28% |
| Travel & Leisure | 0.81% |
| Household Goods & Home Construction | 0.38% |
| General Retailers | 0.18% |
| Financial Services | 0.10% |
Top 10 countries
| Cash and Equiv. | 35.04% |
|---|---|
| Managed Funds | 23.79% |
| United Kingdom | 15.45% |
| Non-Classified | 4.98% |
| United States | 4.62% |
| Japan | 4.54% |
| Hong Kong | 4.51% |
| Singapore | 2.15% |
| Australia | 2.12% |
| France | 1.89% |
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 01-12-2008. Data accurate as at 31/10/2008.
