Showing posts with label HSBC Mutual Fund. Show all posts
Showing posts with label HSBC Mutual Fund. Show all posts

Wednesday, July 16, 2008

HSBC MF files an offer document with Sebi

HSBC Mutual Fund files an offer document with Sebi to launch HSBC Long Term Strategic Bond Fund. It is a 3-year close-ended debt scheme. The investment objective of the scheme is to provide reasonable income through a diversified portfolio of fixed income securities. HSBC Long Term Strategic Bond Fund offers regular and institutional option. The scheme has two sub-options dividend and growth option. Dividend option further offers dividend reinvestment and payout facility. Dividend shall be declared on a quarterly basis under dividend option for both the options i.e. regular and institutional option.