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HSBC Islamic Global Equity Index Class AC - Accumulation (USD)

Sell:2,092.20p Buy:2,092.20p Change: 7.90p (0.38%)
Prices as at 27 March 2024
Sell:2,092.20p
Buy:2,092.20p
Change: 7.90p (0.38%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 27 March 2024
Sell:2,092.20p
Buy:2,092.20p
Change: 7.90p (0.38%)
Prices as at 27 March 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 5.54%
Initial saving from HL: 5.54%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.94%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.94%
There are other unit types of this fund available:
Class AD - Income (USD) (Net ongoing charge 0.90%)
Class BC - Accumulation - GBP (Net ongoing charge 0.62%)
Class BD - Income (GBP) (Net ongoing charge 0.62%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
HSBC Index and Systematic Equity Portfolio Management Team
Fund launch date: 28 April 2000
Sector: Global
Fund size: £909 million
Number of holdings: 129
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 22:00
Trustee: HSBC Bank plc
Minimum investment: £100.00
Charges deducted from: Capital
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

27/03/19 to 27/03/20 27/03/20 to 27/03/21 27/03/21 to 27/03/22 27/03/22 to 27/03/23 27/03/23 to 27/03/24
Annual return 5.62% 38.38% 18.51% -5.36% 31.56%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The investment objective is to provide long-term capital appreciation through investment in a diversified portfolio of securities as defined by a relevant index. The Fund will invest in equity securities which meet Islamic investment principles of companies in the Index, by following a replication investment approach (investing in shares of companies generally in the same proportions as their weightings in the Index). The Fund may invest up to 10% of its assets in other Funds.

Income Details

Income paid: Annually
Type of payment: Dividend
Ex-dividend date:
Payment date:

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Sector Weight
Software & Computer Services 19.91%
Technology Hardware & Equipment 18.09%
Pharmaceuticals & Biotechnology 14.31%
Retailers 10.08%
Non-Renewable Energy 5.59%
Industrial Support Services 4.95%
Medical Equipment & Services 4.61%
Personal Care, Drug & Grocery Stores 2.76%
Automobiles & Parts 2.71%
Beverages 2.63%
Country Weight
United States 74.83%
Switzerland 4.41%
United Kingdom 2.80%
Japan 2.77%
Cash and Equiv. 2.56%
Ireland 2.42%
France 2.20%
Netherlands 1.77%
Australia 1.48%
South Korea 1.38%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 27 March 2024. Data provided by Broadridge, correct as at 30 November 2022.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & 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.