General Information
| Fund Type: |
Open-ended |
| Domicile of Fund: |
Malta |
| Launch Date: |
14 December 1998 |
| Launch Price: |
€233 per share |
| Base Currency: |
EUR |
| Manager: |
HSBC Fund Management Ltd., Malta |
| Dealing Days: |
Daily |
| Year End: |
30 April |
| Min. Initial Investment: |
€1,000 (Accumulator Shares)€4,500 (Income Shares) |
| Regular Savings Facility: |
Minimum of €90 per month |
| Min. Addit. Investment: |
NONE |
| Up Front Charge: |
NONE |
| Dividends: |
In the Accumulator Shares, there are no dividend payments and income is accumulated within the Fund. In the Income Shares, dividends are distributed every 3 months. |
| Exit Fee: |
NONE |
| Annual Management Fee: |
0.9% |
| Date of AGM: |
August |
Investment Objective
The Malta Government Bond Fund aims to achieve a reasonable return in the form of capital gains, which return will result from the accumulated income, realised and unrealised capital gains, achieved by investing in a diversified portfolio of interest-earning assets. A maximum of 10% of the total assets of the fund may also be invested in non-Maltese assets.
Spread of Investments (as at 30 Apr 2011)
| Malta Government Stocks: |
72.83% |
| Corporate Bonds: |
0.56% |
| Foreign Government Stocks: |
13.85% |
| Cash: |
12.76% |
Top 3 Holdings (as at 30 Apr 2011)
| Security: |
% of Total Assets |
| 5.1% MGS 2014 (III): |
11.49 |
| 5.0% MGS 2021 (I): |
9.60 |
| 6.1% MGS 2015: |
9.33 |
