HSBC American Index Class C - Accumulation (GBP)
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Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×Charges and Savings
Initial charges | |
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Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |||
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Performance fee: | No | ||
Ongoing charge (OCF/TER): | 0.06% | ||
Ongoing saving from HL: | 0.00% | ||
Net ongoing charge: | 0.06% | ||
There are other unit types of this fund available: | |||
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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
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Performance
16/08/19 to 16/08/20 | 16/08/20 to 16/08/21 | 16/08/21 to 16/08/22 | 16/08/22 to 16/08/23 | 16/08/23 to 16/08/24 | |
---|---|---|---|---|---|
Annual return | 11.30% | 27.40% | 10.60% | 1.36% | 21.47% |
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 chartOur 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 Fund aims to provide growth over the long term, which is a period of five years or more, by tracking the performance of the S&P 500 Index (the “Index”).To achieve its investment objective, the Fund will invest directly in shares (equities) of companies that make up the S&P 500 Index.The Fund may also invest in the following assets which are not part of the Index:- cash to manage day-to-day cash flow requirements;- units or shares of collective investment schemes, including collective investment schemes managed or operated by the HSBC Group in order in order to manage day-to day cash flows;- equity related securities such as American Depositary Receipts and Global Depositary Receipts (which are certificates typically issued by a bank or trust company evidencing ownership of shares of a non-US issuer) in order to achieve exposure to a stock instead of using a physical security.The Fund may invest in derivatives for efficient portfolio management, including hedging, which means investment techniques that aim to reduce risks, reduce costs or generate growth and income. The Fund does not intend to use derivatives extensively and their use will be consistent with the risk profile of the Fund.The Fund may sometimes not invest in all of the companies that make up the Index. This is determined by the ACD in situations of poor liquidity, excessive cost to the Fund or where there are investment restrictions due to regulations or the ACD’s banned weapons policy or other investment restrictions to which the ACD is bound.Use of benchmarkThe Fund will seek to invest in all of the companies that make up the S&P 500 Index (the “Index”) and in the same or very similar proportions in which they are included in the Index.
Income Details
Security | Weight |
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MICROSOFT CORPORATION | 6.93% |
APPLE | 6.24% |
NVIDIA CORPORATION | 6.14% |
AMAZON.COM | 3.68% |
META PLATFORMS | 2.31% |
ALPHABET INC | 2.28% |
ALPHABET INC | 1.93% |
BERKSHIRE HATHAWAY | 1.67% |
ELI LILLY AND COMPANY | 1.46% |
BROADCOM | 1.35% |
Sector | Weight |
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Technology Hardware & Equipment | 18.30% |
Software & Computer Services | 17.27% |
Retailers | 7.22% |
Pharmaceuticals & Biotechnology | 5.69% |
Industrial Support Services | 4.04% |
Investment Banking & Brokerage Services | 3.89% |
Non-Renewable Energy | 3.76% |
Medical Equipment & Services | 3.59% |
Banks | 3.37% |
Travel & Leisure | 2.09% |
Country | Weight |
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United States | 94.97% |
Ireland | 2.03% |
Cash and Equiv. | 1.24% |
Direct Property and REITs | 1.11% |
Switzerland | 0.44% |
Netherlands | 0.21% |
Non-Classified | 0.00% |
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 16 August 2024. Data provided by Broadridge, correct as at 30 June 2024.
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4 If you elect to receive the income from an ISA or a 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.