HSBC Pacific Index Fund

Launch Date 20/11/1998 Initial Charge 0.00%
Fund Size £86M Discount 0.00%
ISIN Number GB0000150606 The total cost of investment after the discount is applied* 0%
Legal Structure OEIC (OEIC) Annual Management Charge 0.25%

* In addition the fund manager will incur stamp duty, bid/offer spreads in the market and stockbroking commission, which may in part be passed on to the investor.

The HSBC Pacific Index fund aims to track the FTSE World Pacific ex Japan index of stockmarket performance. The FTSE World ex Japan index comprises a range of companies quoted on the region's stock exchanges. It is designed to match the index by investing in a representative sample of shares, representing all major industries in the Pacific region economy, including Australia and New Zealand, but excluding Japan.

HSBC is a large and diversified banking and financial services group, based in London. It offers a comprehensive range of index tracking funds in addition to a range of actively managed funds. The fund invests in a representative sample of the constituent companies within the FTSE World Pacific ex Japan index, reflecting each company's weighting within the index. This technique is known as "partial replication" and often can lead to a greater degree of difference between the fund's performance and that of the index. However, for indices with large numbers of constituents, this is the only practical method. The fund is aligned with the sector weightings of the FTSE World Pacific ex Japan index, shown below.

Key Sector % of fund
   FINANCIALS 31.64%
   TELECOM, MEDIA & TECHNOLOGY 16.6%
   BASIC MATERIALS 14.17%
   INDUSTRIALS 12.95%
   CONSUMER PRODUCTS 8.2%
   SERVICES 7.35%
   OIL & GAS 2.93%
   UTILITIES 2.86%
   CASH & CASH EQUIVALENTS 1.57%
   HEALTH CARE 1.25%

The current regional asset allocation within the fund is shown in the table below. Please bear in mind that past performance is not a guide to the future, the value of the investments and any income can go down as well as up and you may not get back the amount you invested. The relative performance of the fund is given in the table below.

Cumulative Performance
3 mth 6 mth 1 yr 3 yr 5 yr
Fund -7.27% 0.6% 28.8% 9.82% 63.76%
Sector -4.48% 2.67% 25.64% 13.38% 87.23%
Relative to sector -2.79% -2.07% 3.16% -3.56% -23.47%
Rank within sector 63/69 52/68 18/66 32/58 42/50

Data supplied by Financial Express as at July 2010, bid/bid, income reinvested. Our views are based upon our understanding of the current legislation. You should not act on any of the information without seeking professional advice. clarity is authorised and regulated by the Financial Services Authority. The Financial Services Authority does not regulate all types of Pensions, Mortgages or Taxation Advice.