General Information
| Fund Type: |
Open-ended |
| Domicile of Fund: |
Malta |
| Launch Date: |
30th October 2000 |
| Launch Price: |
€2.14 per share |
| Base Currency: |
EUR |
| Manager: |
HSBC Fund Management Ltd., Malta |
| Investment Advisor: |
HSBC Fund Management Ltd., Malta |
| Dealing Days: |
Weekly |
| Year End: |
December |
| Regular Saving Facility: |
None |
| Min. Initial Investment: |
€100,000 (cash &/or in specie) |
| Up Front Charge: |
5% (cash &/or in specie) |
| Exit Fee: |
5.0% |
| Date of AGM: |
May |
Investment Objective
The investment objective of the Fund is to endeavour to maximise the total return to investors while minimising risks associated with investment in particular securities primarily through investment in Maltese listed securities issued by entities having, at the time of investment by the Fund, a market capitalisation in excess of €60 million and limitedly through investment in equity securities listed on foreign stock exchanges.
Spread of Investments (as at 31 December 2008)
| Local Equities: |
91.27% |
| Foreign Corporate Bonds: |
2.07% |
| Cash: |
6.66% |
Top 3 equity Holdings (as at 31 December 2008)
| Security: |
% of Total Assets |
| HSBC Bank Malta plc: |
45.24% |
| Bank of Valletta plc: |
26.56% |
| GO plc: |
8.78% |
