KEY FEATURES DOCUMENT (For Resident Indian and NRI customers of the Hongkong and Shanghai Banking Corporation Limited, India (HSBC India)) Product ‐ DSP BlackRock World Mining Fund from DSP BlackRock Investment Managers Private Limited General Information Full name of the investment product DSP BlackRock World Mining Fund (DSP BR WMF) The above will be referred to as ‘scheme’ Name of the issuing Group DSP BlackRock Investment Managers Private Limited Company. (DSPBRIMPL or AMC) Contact address and phone number, DSP BlackRock Investment Managers Pvt. Ltd., Mafatlal and details of its regulatory status Centre, 10th Floor, Nariman Point, Mumbai, India – 400 and licences of the company 021 www.dspblackrock.com Tel: 022‐ 6657 8000 Fax: 022‐6657 8181 SEBI vide Registration No. MF/036/97/7 DSPBRWMF is an open-ended, fund of funds scheme Aim and nature of the product which predominantly seeks to invest into the units of BlackRock Global Funds - World Mining Fund (BGFWMF). The scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time.DSPBRWMF portfolio would have the following broad asset allocation characteristics Page 1 of 7
DSPBRWMF portfolio would have the following broad asset allocation characteristics; As a % of assets Asset Category Minimum Maximum Units of 80% 100% BGFWMF or other similar overseas mutual fund schemes Units of liquid 0% 20% schemes of DSP BlackRock Mutual Fund/money market instruments The benchmark of the scheme HSBC Global Mining (cap) Index (in INR Terms). Following are the broad characteristics of the underlying international funds; BGFWMF 1. BGFWMF is an ended equity fund that seeks to maximise total return. The fund will be mostly investing into equity securities of mining and metal companies whose predominant economic activity is the production of base metals and industrial minerals such as iron ore and coal. The fund may also invest into equity securities of companies whose predominant economic activity is in gold or other precious metal or mineral mining. The fund does not hold physical gold or metal. 2. The fund is benchmarked to HSBC Global Mining (cap) The investors may refer to the Scheme Information Document for the Scheme Specific Risk Factors and Special Considerations available in the AMC website.
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Statements or regular reports issued during the investment period1
1. The AMC will issue to the investor whose application (other than SIP/STP) has been accepted, an account statement by normal post, specifying the number of units allotted. The account statement will be sent by the AMC within 5 Business Days from the date of allotment of units, after new/additional purchases are made. 2. In case of redemption/switch request made by a unit holder to the AMC(through the bank) an account statement will be sent by the AMC within 3 business days from the date of such acceptance or from the date of applicable NAV, whichever is later. 3. For unit holders who have provided an e‐mail address, the AMC will send the account statement by e‐mail. The unit holder may request for a physical account statement by writing to/calling the AMC/Registrar.
Please read the relevant Scheme Information document (SID) available on the AMC website for more details Any “cooling off period” (right to No cancel investment post‐sale) Details of charges associated with N/A cancellation during the “cooling off period”
Investment Conditions Minimum and maximum initial The minimum application amount ‐ investment in the fund For retail plan is INR 5000. For institutional plan is INR 10M. The minimum balance to be maintained at all times in the Scheme shall be INR. 5000 for retail plan and INR 5M in case of institutional plan. 1
Suggest this section is edited where only necessary information is mentioned and customer is requested to refer to SID for more details.
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The AMC may, at its discretion and without any notice, redeem the balance Units in the Scheme (in a particular folio), if the value of such balance units falls below INR 5000 for retail plan and INR 5M for institutional plan. frequency and of subsequent For subsequent investments, INR 1000 for both plans
Permissible amount(s) investments Minimum and maximum term for The product is an open‐ended fund and as such investment in the mutual fund customers can exit from the product subject to applicable exit loads. Exit load structure currently applicable is disclosed below. Product Particulars Any guarantee or protection on the This fund is not capital protected or capital guaranteed capital or income from the and therefore the value of the investment will fluctuate investment in this fund and may be more or less than the original investment Details of the organisation providing NA the guarantee or protection Details of any situations in which the NA protection or guarantee may not apply Charges levied on the customer Fee Schedule either initially or during the product Entry load is Nil life Fee Schedule – Recurring expenses The total expense is upto 2.50% of daily average net assets including expenses charged by underlying schemes Performance fee mechanism if N/A applicable The frequency and basis of N/A calculation for interest / returns payable Any component funds which make As mentioned earlier, DSPBRWMF is an open‐ended, fund of funds scheme which predominantly up the investment product seeks to invest into the units of BlackRock Global Funds ‐ World Mining Fund. The scheme may, at the Page 4 of 7
discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund How can the customer find out the 1. The NAVs of the Scheme/Plans will be calculated current worth of their investment? by the Mutual Fund on each Business Day and will be made available by 10 a.m. of the immediately succeeding Business Day. 2. The information on NAVs of the Scheme/Plans may be obtained by the Unit Holders, on any day, by calling the office of the AMC or any of the Investor Service Centres at various locations. 3. The Mutual Fund will publish the NAVs of the Scheme/ Plans (along with sale and repurchase price) daily in at least two daily newspapers on the day following the immediately succeeding the Business day. 4. The NAV of the Scheme will also be updated on the AMFI website www.amfiindia.com and on www.dspblackrock.com Does the customer have voting N/A rights in any underlying stock Law applicable to the investment Securities and Exchange Board of India (Mutual Funds) contract Regulations 1996 Legal and regulatory status of the DSP BlackRock Investment Managers Pvt. Ltd. is a product provider (Portfolio company incorporated under the Companies Act, 1956. Manager) The AMC has been appointed as the asset management company to the Mutual Fund by the Trustee, vide Investment Management Agreement (IMA) dated December 16, 1996, and executed between the Trustee and the AMC. Methodology for calculating returns N/A for ‘tracker’ (indexed) products,
Early Withdrawal Is it possible to withdraw some or all investment funds? Details of charges or penalties
The product is an open‐ended product and therefore the customer can make withdrawals in full or in part subject to exit loads. Exit Load for Retail and Institutional Plan; Page 5 of 7
incurred through early withdrawal
Exit load of 1% of applicable NAV for redemptions where the holding period from the date of allotment is within 12‐months Procedure for making an early The redemption requests can be made by providing withdrawal specific instruction to the AMC, through the Bank Investors may directly access the AMC as well. Liquidity considerations in the event Redemption request can be given on any business day of early withdrawal No specific liquidity considerations are envisaged.
Risk Factors Whether the investment value, or Yes income arising, can rise as well as fall? Whether the customer could get Yes back less than their original investment? DSPBRWMF is an open-ended, fund of funds scheme Possibility of any currency risk investing in international funds, predominantly into the units of BGF-WMF. The fund is therefore subject to currency risk What would happen if the The insolvency of the Portfolio Manager may not have underlying fund provider were to an impact on the value of the investments as the become insolvent? customer’s investments are held in a trust by a custodian and the Investment Manager may not have any right or authority to use the customer’s funds to meet the latter’s financial obligations or liabilities. However, the Investment Manager’s ability to manage funds effectively may be significantly impaired in the eventuality of insolvency. Impact of the investment on the Investors are advised to seek independent tax opinion. customer’s overall tax position Important Information HSBC India is merely facilitating your investments into MF products that are independently managed by the respective product providers. Page 6 of 7
Confirmation I/We have read this Key Features Document and I/we understand the information provided therein and the risks associated with this investment. Signature Customer’s Name Account Number Date © The Hongkong and Shanghai Banking Corporation Limited, India 2006 52/60 Mahatma Gandhi Road, Mumbai 400 001 This publication has been issued by The Hongkong and Shanghai Banking Corporation Limited (HSBC India) in India, for the information of its customers only. This publication does not constitute investment advice or an offer to sell, or a solicitation of an offer to purchase or subscribe for any investment. The information herein is derived from publicly available sources that HSBC India considers reliable but which has not been independently verified. Whilst every care has been taken in compiling the information, HSBC makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of HSBC India only and are subject to change without notice. Opinions expressed herein do not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this publication. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies that may have been discussed in this publication and should understand that the views regarding future prospects may or may not be realized. Past performance is not indicative of future results. This document is for HSBC customers only. HSBC makes no representations that the products or services mentioned in this document are available to persons of any other country or are necessarily suitable for any particular person or appropriate in accordance with their local law. Among other things, this means that the disclosures set forth in this document may not conform to rules of the regulatory bodies of any other country and investment in the products discussed will not afford the protection offered by the local regulatory regime in any other country. HSBC India or its affiliates or their officers, directors and employees may have investments in any of the products mentioned in this publication (or in any related products) and may from time to time, add to or dispose off any such investment. Please read the Scheme Information Document provided by the Investment Manager/AMC carefully before investing. For private circulation only. The information contained herein is confidential to the recipients thereof and may not be reproduced or otherwise disseminated..
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