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Amanah GCC Equity Fund
HSBC Amanah GCC Equity Fund is an open-ended equity fund and provides the opportunity to invest in equity markets of the GCC region through a Shariah-compliant investment product. The product has been developed by HSBC Amanah in conjunction with the Multimanager team at HSBC Investments that will allow investors to benefit from selection of some of the best in-class investment advisors.
Main features
Minimum Investment: USD 10,000 (total investment across both portfolios i.e the Saudi portfolio and the ex Saudi portfolio)
Dealing: Weekly subscriptions and redemptions
Subscription Fee: 3.25 % of the invested amount
Annual Fee 1.75 % of invested amount
Redemption Fee: None
Minimum Holding Period: Although none, the product should be considered for medium to long term period
Currency: US Dollars
