LU2602419157
HSBC Islamic Global Equity Index Fund

  • Equities
  • Global
  • SGD Cash
  • Accumulating
Invest with
SGD Cash
Payout type
Accumulating
Risk rating
5
About this fund
Description
The Fund aims to track as closely as possible the performance of the Dow Jones Islamic Market Titans 100 Index.
Key information
Annual report
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Product Highlight Sheet
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Prospectus
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Information Memorandum
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Factsheet
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Our perspective
Why we think this fund is best-in-class
product
Product
Tracks the Dow Jones Islamic Market Titans 100 Index to provide Shariah-compliant exposure to the 100 largest companies globally. Incorporates a proprietary income purification feature to ensure any dividends derived from incidental non-Shariah compliant activities are donated to charitable causes.
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people
People
Managed by HSBC, a global institutional passive manager with a track record in index tracking dating back to 1988. Benefits from a dedicated global platform with regional specialists ensuring efficient portfolio replication and liquidity management. Oversight is provided by an independent Global Shariah Supervisory Committee that rigorously monitors the Shariah compliance of every index constituent.
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performance
Performance
Utilizes a full physical replication strategy to maintain consistently low tracking error relative to the benchmark. Exhibits a risk profile and drawdown magnitude historically comparable to broad global equity benchmarks such as the MSCI ACWI. Maintains a structural tilt toward growth-oriented companies, which typically leads to outperformance during market environments favoring growth factors.
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process
Process
Employs a dual-layer screening process to exclude companies exceeding 5% revenue from prohibited activities and those failing specific financial debt ratios. Applies a systematic "Income Purification" approach where a pro-rata portion of dividends corresponding to non-compliant revenue is directed to charity. Adheres to a strict physical replication methodology that excludes the use of derivatives or securities lending to maintain Shariah integrity.
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cost
Cost
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access
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selectionCriteria
How it fits in a portfolio
It serves as a core Shariah-compliant equity building block for investors seeking exposure to global mega-cap companies. The fund's inherent concentration in the top 100 global companies and a structural bias toward the U.S. market makes it a suitable complement to more diversified regional or factor-based allocations. Due to its focus on large-cap leaders, it is appropriate for investors seeking a growth-tilted equity exposure while adhering to Islamic finance principles.
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
All Time
​
Total returns
All Time
52.36%
YTD
-1.53%
1 month
-1.96%
6 month
9.58%
1 year
13.73%
As of Feb 2026
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-13.13%As of Feb 2026
Volatility
12.23%As of Feb 2026
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2026-0.4%-2.0%----------
202513.7%1.8%-3.3%-7.3%-3.1%5.6%4.0%4.4%0.8%5.8%5.8%-0.6%-0.0%
202430.1%3.5%6.9%2.6%-2.2%4.6%5.9%-1.6%-0.7%0.5%1.0%4.4%2.0%
2023------0.0%1.3%0.4%-4.2%-2.1%6.5%2.9%
Top Exposures
NVIDIA Corp7.91%
Apple Inc7.77%
Microsoft Corp6.73%
Amazon.com Inc5.60%
Alphabet Inc Class A4.44%
Broadcom Inc4.11%
Meta Platforms Inc Class A3.88%
Alphabet Inc Class C3.52%
Tesla Inc3.09%
Eli Lilly and Co2.27%
Exxon Mobil Corp1.76%
Samsung Electronics Co Ltd1.69%
Johnson & Johnson1.65%
Walmart Inc1.53%
Visa Inc Class A1.48%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
0.99%0.62% p.a.
Save 37%
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Fund facts
ISIN
LU2602419157
Fund house
HSBC AM
Fund size
S$3.1B
As of 12 Mar 2026
Fund inception date
15 Jun 2023
Fund class currency
SGD
Fund share class
AC SGD
Oldest share class ISIN
LU0110459103
Oldest share inception date
12 Nov 2001
Pricing frequency
Daily

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