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HSBC-Link Ethical Managed Fund
Investing in all market conditions
Equity markets can offer exceptional growth, but in volatile market conditions most of us are cautious about investing.
Change in fund name of HSBC - Link Ethical Capital Protected Fund
We have changed the name of the HSBC-Link Ethical Capital Protected Fund to HSBC-Link Ethical Managed Fund on 21 November 2011. There is no change to the investment objectives, focus and approach of this fund as a result of the aforementioned change.
About the fund
The fund offers access to opportunities of investing in strong companies round the world with superior management and long-term growth strategies.
This is an insurance-linked policy fund and can be invested in only through our investment-linked plans.
How do I invest
You can invest in the HSBC-Link Ethical Managed Fund using Cash or
SRS.
With effect from 1 October 2008, HSBC-Link Ethical Managed Fund has ceased to accept subscriptions of new CPF monies.
Liquidity for your investment
Your money is not tied to any fixed term when you invest in this fund through our investment-linked policy. You can choose to withdraw your investment at any time*.
Free fund switches**
You can have unlimited switches between funds available under the investment-linked plans. This is to ensure your portfolio objective is aligned with your investment objective, which may change along the way.
Tax free returns
Under the current Singapore tax laws, returns from the HSBC-Link Ethical Managed Fund are not subjected to income tax.
Act now
Speak to our financial planner or appointed distributor to find out more about the fund.
Call us at (65) 6225 6111 for more information!
How it works
| Fund details | |
| Investment Objective The investment objective of the fund is to achieve long term growth by providing access to the global equity markets through the HSBC Amanah Global Equity Index Fund while managing the impact of potential market declines. The HSBC Amanah Global Equity Index Fund is an index fund tracking the Dow Jones Islamic Market Titans 100 Index. The fund further seeks to ensure that 80% of the fund value computed at each year-end will be preserved against market downturns over the next calendar year. |
|
| Launched By | HSBC Insurance (Singapore) Pte. Limited |
| Launched On | 02 May 2005 |
| Fund manager | HSBC Global Asset Management (Singapore) Limited# |
| Benchmark | Customised index. 70% of the performance of Dow Jones Islamic Titans 100 Index (less expenses of 2.0% p.a.) in Singapore dollars. |
| Currency Base | Singapore Dollar | Investment-Linked Plans Available | Takaful investment-linked plans • Takaful Asset Manager II - Single Contribution Plan • Takaful Warisan - Regular Contribution Plan (Protection) Non-takaful investment-linked plans+ • Growth Cultivator • Growth Manager • Life Manager Plus • Asset Manager II |
| Fund Valuation | Daily (except weekends and public holidays) |
| Prices Published In | • The Straits Times • The Business Times • Berita Harian • Latest Fund Prices |
| Unit Allocation / Surrender Pricing Basis | "Next Determined" Unit Price |
| Fund Switch** | Unlimited free switches between funds available under the investment-linked plans. |
| Charges (Wakalah fees) | |
| Bid / Offer Spread^ | 5% |
| Management Fee (p.a) | 1.5% |
Note:
* Full or partial withdrawal can be made provided there is enough cash value in your investment-linked policy plan at the time of surrender. Your surrender value will be based on the next determined bid price of the fund. An early termination of the policy will usually involve high costs and the surrender value payable may be less than total contribution paid.
** Only applicable for customers who have made contribution in cash
or SRS, and subject to funds available to switch into based on the
customer's investment profile and selected plan.
# HSBC Global Asset Management (Singapore) Limited is formerly known as HSBC Investment (Singapore) Ltd.
+ Please note that only the HSBC-Link Ethical series of investment-linked funds are fully Shariah compliant. If you invest in the HSBC-Link Ethical series of investment-linked funds via non-takaful basic plans, the entire contract will not be deemed a fully Shariah compliant contract as the basic plans do not adhere to Shariah requirements/guidelines.
^ For all Single Contribution (Takaful Asset Manager series) and Recurring Single Contribution (Takaful Anugerah) investment-linked insurance products, bonus units of 2.11% will be given. Net sales charge of 3% applies.
All contributions received from Takaful participants will be invested strictly in accordance with Islamic principles. The IAB has the full right to inspect or review the books and records of the Takaful business to ensure compliance with Islamic principles.
Principles of Shariah governing HSBC-Link Ethical Managed
Fund
The fund will seek to achieve its investment objective by investing in both the HSBC Amanah Global Equity Index Fund, cash and Shariah compliant financial instruments.
The fund will continue to select only investments in shares that meet international standards of Shariah acceptance. The fund will benefit from an annual Shariah audit of compliance as well as replacement of some financial instruments with more direct investment management in line with the wider international standards on Shariah law.
Important notes
This web page is prepared for general information only, and the specific investment objectives, personal situation and particular needs of any person have not been taken into consideration.
This web page is not and should not be construed as an offer to sell or solicitation of an offer to purchase or subscribe to any investment or services and HSBC Insurance (Singapore) Pte. Limited is not recommending or soliciting any action based on it.
You should read the relevant product and fund documentation, including the relevant product summary, product highlights sheets and fund summaries for details before deciding to invest. Copies of the product and fund documentation can be obtained from our authorized agents or distributors.
The past performance of any ILP sub-fund is not necessarily indicative of the future or likely performance of the ILP sub-fund. The value of investments and units in any ILP sub-fund may go down as well as up, and the investor may not get back the original sum invested.
Any insurance product information mentioned is intended to provide you with a general summary and the product features are subject to change, without notice given. Information herein is also not a contract of insurance.
You should not rely on this webpage as investment advice. If you have any concerns about any investment products or are uncertain about the suitability of any investment decision, you should seek such financial, legal or tax advice from your professional advisers as appropriate.
Information contained in this web page is obtained from sources believed to be reliable, however HSBC Insurance (Singapore) Pte. Limited does not guarantee its completeness or accuracy. Opinions and estimates expressed are subject to change without notice and HSBC Insurance (Singapore) Pte. Limited expressly disclaims any and all liability for representations and warranties, express or implied, contained herein, or for omissions.
Insurance products are underwritten by HSBC Insurance (Singapore) Pte. Limited. (Reg. No. 195400150N), 21 Collyer Quay #02-01 Singapore 049320.
HSBC Insurance (Singapore) Pte. Limited's authorised agents and distributors, including The Hongkong and Shanghai Banking Corporation Limited (together "the Agents") are neither underwriters nor brokers for the customer. To the fullest extent permissible under applicable law, the Agents make no warranties or representation as to the accuracy, correctness, reliability or otherwise of the content of this webpage Under no circumstances, including, but not limited to negligence, shall the Agents or any party involved in creating, producing or delivering this webpage be liable to you for any direct, indirect, incidental, consequential, loss or punitive damages that result from the use of, or reliance upon, the information in this webpage even if the Agents have been advised of the possibility of such damages.
Issued by HSBC Insurance (Singapore) Pte. Limited.
