Playlists

Shariah Hits

The Shariah Hits Investment Playlist offers a medium-risk, globally diversified portfolio of ESG-compliant equities and other assets.
Capital at risk. The value of investments and the income from them can fall as well as rise and is not guaranteed. Learn more.

This Investment Playlist follows a Shariah-compliant multi-asset approach, investing into a mix of equities, bonds and alternatives. Shariah Hits has a high proportion of equities, aiming to deliver diversified sources of income and capital growth over the medium to long-term.

Sharia-compliant assets are those permissible under Shariah Law. This includes assets that are not considered to be haram or forbidden.

Shariah Hits could be a popular choice for investors who are looking for a socially responsible investment option with the potential for long-term growth.

Sharia-compliant assets are those permissible under Shariah Law. This includes assets that are not considered to be haram or forbidden.

  • The asset must be tangible and have intrinsic value.
  • The asset must not be used or invested in a business considered haram, such as gambling or alcohol, pork production or weapons manufacturing.
  • The business must be managed in a way that is consistent with Shariah Law.

Shariah Hits could be suitable for someone looking for:

    • A medium to long-term investment in a Shariah compliant and socially responsible assets.
    • A medium-risk diversified investment option
    • An actively managed portfolio

Fund Inception date
2 October 2023

Cumulative performance

As of 14  June 2024

YTD 1m 3m 6m 1y
6.8% 0.9% 3.2% 8.6% n/a

Calendar Year performance

2023 2022 2021 2020 2019
n/a n/a n/a n/a n/a

This data shows the fund’s performance as the percentage loss or gain per year. It can help you to assess how the fund has been managed in the past. The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future.

Share Class and Benchmark performance displayed in GBP hedged Share Class Benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: MorningStar

The funds in this Investment Playlist have their own charges levied by the fund managers, which are charged at source and reflected in your investment valuation. This underlying fund manager’s fees are available at HSBC in the KIIDs listed below.

The ESG Key Info of this Investment Playlist is provided by MSCI and their coverage varies. Further information is available on our website and at BlackRock.com

Capital at risk. The value of investments and the income from them can fall as well as rise and is not guaranteed. Learn more here.

Fund ISIN SEDOL KIID
HSBC Global Funds ICAV - Shariah Multi Asset Fund BS GBP Dis IE000RDZ0MX1 BR84756 View

Overall Risk

4/7

ESG

3.4/10

Largest investment holdings
HSBC MSCI World Islamic ESG ETF USD Acc
19.6%
HSBC Global Sukuk UCITS ETF ZC
19.2%
HSBC Islamic Global Equity Index ZC
18.9%
HSBC MSCI USA Islamic ESG ETF USD (Acc)
10.7%
iShares Physical Gold ETC
7.5%
IsDB Trust Services No. 2 SARL
7.3%
HSBC MSCI EM Islamic ESG ETF USD Acc
5.5%
WisdomTree Core Physical Gold
3.2%
HSBC MSCI Europe Islamic ESG ETF EUR Acc
2.7%
HSBC MSCI Japan Islamic ESG ETF USD Acc
2.1%