GS Hang Seng BeES
- Overview
- Scheme Highlights
- Creation Unit
Scheme Highlights
| Type of Fund | Open ended index scheme, listed on the exchange in the form of an ETF investing in overseas Securities |
| Investment Objective | The investment objective of the Goldman Sachs Hang Seng Exchange Traded Scheme (GS Hang Seng BeES) is to provide returns that, before expenses, closely correspond to the total returns of securities as represented by Hang Seng Index of Hang Seng Data Services Limited, by investing in the securities in the same proportion as in the index. However, the performance of scheme may differ from that of underlying index due to tracking error. |
| Country of Investment | Hong Kong |
| Taxation Treatment | Debt |
| Managers | Goldman Sachs Asset Management (India) Private Limited |
| Fund Manager | Vishal Jain |
| Benchmark Index | GS Hang Seng Index |
| Exchange Listed | National Stock Exchange |
| Fund Inception Date |
March 9, 2010 |
| Listing Date | March 18, 2010 |
| NSE Symbol | HNGSNGBEES |
| BSE Code | 590113 |
| Pricing (Per Unit) | 1/100th of Index |
| Minimum Lot (Exchange) | One unit/share |
| Minimum Lot (Directly with Fund as per Creation Unit) | 10,000 Units and in multiples thereof |
| Maximum Expense Ratio as mentioned in SID | 1.50% Annualized |
| Entry / Exit Load | Nil |
| ISIN | INF732E01227 |
| Reuters Code | HNGS.NS |
| Reuters Intra-day Indicative NAV | BEES01 |
| Bloomberg Code | HSBEES IN Equity |
| Bloomberg Intra-day Indicative NAV | BMFI |
Buying / Selling GS HangSeng BeES on the NSE
| Lot Size | 1 Unit and in multiples thereof |
| Price | Price available on NSE |
| Eligiblity | Any Investor |
| How? | Know the NSE ticker, call up your broker, place an order, receive units on T+2, "works just like any other share" |
Buying / Selling GS HangSeng BeES directly with fund
| Lot Size | 10000 Units and in multiples thereof |
| Price | In exchange for basket of GS HangSeng securities and Cash defined as "Creation Unit" |
| Eligiblity | Authorised Participants |
Please contact our customer service representatives for more information
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