We are pleased to announce the addition of the HSBC Global Strategy Adventurous and Conservative Portfolios to the Square Mile Academy of Funds and have awarded a Recommended rating.
The two funds were launched in August 2017 to complement the three existing funds in the Global Strategy range that were rated by Square Mile in August 2016. The Conservative fund targets an annualised volatility of 6.5% over the medium to long term and sits between the HSBC Global Strategy Cautious and Balanced funds. The Adventurous fund targets an annualised volatility of 14.5% over the medium to long term and is the highest risk fund within the range. Both funds follow the same investment approach as the existing funds within the range.
We believe that the addition of the Conservative and Adventurous funds provide greater choice for investors as well as underline HSBC's commitment to the Global Strategy range.
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