fund
HSBC FTSE 250 Index C
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208.30p
Price (Inc)
These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.
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333.50p
Price (Acc)
These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?
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0.00%
Initial chargeSome funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!
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0.11%
Annual management charge
This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).
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0.18%
Ongoing charges
This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.
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1.60%
Yield
How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…
The fund's objective is to provide long term capital growth by matching the performance of the FTSE 250 Index. This index consists of the 250 largest UK equities outside the FTSE 100, weighted by market value. Run by HSBC's passive funds team, the fund invests in the physical securities and fully replicates the index. Annual charges are low.
Fund summary
| Sector | UK All Companies |
| Structure | OEIC |
| Launched | |
| Size | £1,803m |
| Yield | 1.60% |
| Charging basis | Income |
| Dividends paid | 15 Jul |
Charges
| Standard initial charge | 0.00% |
| Initial charge via Bestinvest | 0.00% |
| Annual management charge | 0.11% |
| Ongoing charges figure | 0.18% |
Allocation
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Investment process
This fund aims to produce capital growth through a portfolio of investments in mid cap UK companies. The fund aims to match the returns of the FTSE 250 share index as closely as possible, with minimum tracking error. A near full replication strategy is used by holding all of the constituents of the index except the three non-sterling denominated investment trusts (replaced by additional shares in the sterling units) and equitising accrued dividends through equity index futures. Exchange traded funds (ETFs) are held to manage daily flows.
The fund provides a simple, low cost and flexible way of investing in the FTSE 250 Index. The index is made up of medium-sized companies but many are still well known. Though there are active fund managers who are able to add value at this mid-cap range of the UK equity market, a low cost passive funds like this can still be an attractive alternative as part of a diversified portfolio.
Manager research
Average monthly relative returns
- 16/17 0.00%
- 17/18 0.00%
- 18/19 0.00%
- 19/20 0.00%
- 20/21 0.00%
Bestinvest MRI
- 3 years 0.00%
- 5 years 0.00%
- Career 0.00%
- 3 years 0.00%
- 5 years 0.00%
- Career 0.00%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
Track record
Periods of worst performance
| Absolute | 0.00% () |
| Relative | 0.00% () |
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.
Allocation
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Sector breakdown
| Financials | 29.00% |
| Consumer Discretionary | 18.00% |
| Industrials | 17.00% |
| Real Estate | 9.00% |
| Mutual Funds | 6.00% |
| Consumer Staples | 5.00% |
| Health Care | 4.00% |
| Technology | 3.00% |
| Money Market | 3.00% |
| Basic Materials | 3.00% |