NFO review: HSBC Equity Hybrid Fund

HSBC Mutual Fund has launched a new equity hybrid scheme called the HSBC Equity Hybrid Fund today. The open-ended hybrid scheme,an aggressive equity hybrid scheme, will invest predominantly in equity with a small exposure to fixed income instruments. The new fund offer is open for subscription till October 12.

According to the offer document shared by the company, the scheme will follow a flexicap investment strategy. Flexi cap strategy can invest across market spectrum depending on prevailing opportunities in the market. The fund will be jointly managed by Neelotpal Sahai (equity portion) and Sanjay Shah (debt portion).

Bulls push US equities ever higher

US equity bulls are betting heavily on the pending quarterly earnings season to bolster their level of conviction and their positions.

For months bears have been waving flags – pointing to the eventual fading impact of the Republican tax cuts and the surge in US government spending as well as the continual rise in US interest rates – and yet investors mostly retain their fear of missing out.

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