HSBC FTSE All Share Index
Launch Date 26/03/1990 Initial Charge 0.00%
Fund Size £313M Discount 0.00%
ISIN Number GB0000424886 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 FTSE All Share Index fund aims to track the FTSE All Share index of stockmarket performance. The FTSE All Share index is an indicator of the price movement across the whole UK Stockmarket. 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 All Share 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 All Share index, and the current weightings are shown in the chart below.
Key Sector % of fund
   FINANCIALS 20.24%
   OIL & GAS 15.13%
   BASIC MATERIALS 10.34%
   CONSUMER PRODUCTS 10.02%
   SERVICES 8.98%
   INDUSTRIALS 6.78%
   HEALTH CARE 6.64%
   TELECOM, MEDIA & TECHNOLOGY 6.5%
   CASH & CASH EQUIVALENTS 6.38%
   OTHERS 6.15%

The current sector weighting is shown in the table below. Please bear in mind that past performance is not a guide to the future, and 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 -10.2% -3.91% 19.58% -15.33% 16.91%
Sector -8.34% -2.73% 20.31% -17.83% 15.64%
Relative to sector -1.86% -1.18% -0.73% 2.5% 1.27%
Rank within sector 203/283 158/280 132/277 106/252 100/211

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.