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    HSBC World Selection Moderate Strat B (HSBMX)

    10.68 0.00(0.00%) Aug 28

    Profile as of Jul 30, 2015Get Profile for:
    HSBC World Selection Moderate Strat B
    Phone: 800-782-8183
    Fund Overview 
    Category:Conservative Allocation
    Fund Family:HSBC
    Net Assets:38.86M
    Year-to-Date Return:0.72%
    Morningstar Rating:2 stars
    Fund Inception Date:Feb 1, 2005
    Morningstar Style Box 
    Conservative Allocation
    [View Category Definition]
    View Top Conservative Allocation Funds
    About the Morningstar Style Box
    Management Information 
    Rayman Bovell
    Lead Manager since Feb 28, 2014
    Rayman Bovell, CFA. He is responsible for managing the Wealth Portfolio Management Team in New York and Toronto and joined HSBC Global Asset Management (USA) Inc. in 2008 after having worked in the industry since 2001. Mr. Bovell’s current role includes asset allocation, portfolio management and research responsibilities across broad equity and fixed income asset classes covered by the Wealth Portfolio Management team.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:250
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:25
    HSBMX can be purchased from 18 brokerages.

    Fund Summary 
    The investment seeks high total return consisting of long-term growth of capital and current income. The fund invests primarily in underlying funds. The Adviser uses a "tactical" or an active asset allocation strategy. The fund invests about 20-70% of assets in underlying equity funds, 30-80% of assets in underlying fixed income funds, 0-20% of assets in other underlying funds and investments, and 0-20% of assets in HSBC Prime Money Market Fund.

    Fund Operations 
    Last Dividend (Jun 29, 2015) : 0.04
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Aug 26, 2015) : 102.00%
    Average for Category:36.92%
    Fees & Expenses 
    ExpenseHSBMXCategory Avg
    Annual Report Expense Ratio (net):1.84%0.81%
    Prospectus Net Expense Ratio:2.14%N/A
    Prospectus Gross Expense Ratio:2.14%N/A
    Max 12b1 Fee:0.75%N/A
    Max Front End Sales Load:N/A4.85%
    Max Deferred Sales Load: 4.00%2.19%
    3 Yr Expense Projection*:870583
    5 Yr Expense Projection*:1,149943
    10 Yr Expense Projection*:2,1071,870
    * Per $10,000 invested