Fund Performance

Below are our unit trust performance figures. Please note that the performance represents total returns expressed in dealing currency (unless specify). HKD or USD based investors are exposed to exchange rate fluctuation when the dealing currency is not HKD or USD.

(For regulatory purpose, performance figures will only be published once the funds have achieved a six month track record.)

Please refer to individual fund page for performance of the last 5 calendar years (where applicable). The performance of HSBC Global Investment Funds – Euroland Equity (AD), HSBC Global Investment Funds – Euroland Equity Smaller Companies (AD), HSBC Global Investment Funds – European Equity (PD) and HSBC Global Investment Funds – European Equity High Dividend (AD) are calculated in the dealing currency of EUR. The performance of HSBC Global Investment Funds – UK Equity (AD) and HSBC Global Investment Funds – Global Core Plus Bond (PD) are calculated in the dealing currency of GBP. The performance of HSBC Managed Growth Fund (A), HSBC Managed Balanced Fund (A), HSBC Managed Stable Fund (A) and HSBC Global Money Fund – Hong Kong Dollar (A) are calculated in the dealing currency of HKD. Other remaining funds are calculated in dealing currency of USD.

* The investment policy does not represent the Fund’s distribution policy nor any particular level of dividend to be paid by the Fund.

** “Sky High” does not represent a particular level of return. All potential returns are not guaranteed.

*** The guaranteed funds are closed to new subscription. The capital guarantee in relation to each fund only applies to investors who hold the investment until the maturity date or the early termination date (as the case may be) of such fund, dealings before such date are fully exposed to fluctuations in the value of the fund’s assets. The funds are subject to the liquidity risk of their underlying investments. Investors redeeming prior to maturity or the early termination date (as the case maybe) will bear certain fees and expenses charged up-front, including the fee and expenses of the Manager, Trustee and Guarantor. Please click the relevant fund name in the table above for the aggregate percentage of the fees and expenses charged up-front. The guarantor of the funds is the Hongkong and Shanghai Banking Corporation Limited. Please refer to the relevant offering document for details of the guarantee.

The potential returns of the Fund are not guaranteed and are subject to the credit risk of the option or swap transaction counterparties.

Fund changes that may have material impact on performance:

^ 10 June 2005 – Investment objective revised.

^^ 21 May 2007 – Investment power in financial derivative instruments expanded.

^^^ 16 April 2007 – Investment power in financial derivative instruments expanded.

^^^^ 12 May 2005 – Investment adviser changed.

^^^^^ The Fund was formed on 11 February 2005 by merging with the HSBC Thai Equity Fund. The investment objectives of the two funds are substantially the same and the two funds have the same management fees. Immediately prior and after 11 February 2005, the two funds were managed by the same investment team. Performance quoted prior to 11 February 2005 refers to the previous fund but not to the existing fund.

Note:
Guaranteed Funds: The performance data is based on NAV to NAV excluding dividend distribution.
Money Market Funds: The performance data is based on NAV to NAV price with dividend reinvested. Yields are daily annualised on a simple basis. A positive yield does not imply a positive return.

Other Funds: The performance data is based on Bid to Bid price with dividend reinvested.

Source : HSBC Global Asset Management (Hong Kong) Limited

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