Fact sheet: FL HSBC American Index

Fund information
Fund name
FL HSBC American Index NGP
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Bijan Seghatchiansince 15/07/2011
Underlying fund
HSBC American Index
Fund objective
HSBC state that the fund's objective is to provide long-term capital growth by matching the return of the S&P 500 Index. The fund invests in companies that make up the S&P 500 Index. The fund can use borrowing and is currently tracking the index using a full replication strategy.
Benchmark
  • S&P 500
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Quick stats
1 Year return
32.3%
1 Year rank in sector
97/315
Sector
PN North America
Yield
-
Fund size
£5m (£5m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
111
Top in this sector
Fund name1 Year
FL Investec American AP38.3%
L&G Invtc Am G17 Pn38.2%
L&G Investec American Pn38%
OMW Threadneedle Am Sm Cos37.8%
FL Schroder US Sm Cos AP37.7%
...more in PN North America

Performance snapshot

Holdings snapshot

  • USA103%
    Money Market-3%
  • Financials19.7%
    Technology18.7%
    Consumer Services13.7%
    Health Care13.6%
    Industrials12.1%
  • US Equities89.1%
    Property2.8%
    Others2.5%
    Irish Equities2.2%
    Cash & Cash Equivalents2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%2.6%7.1%32.3%75.6%-
Sector-0.1%1.6%7.1%30.1%65.4%114.2%
Rank within sector237 / 32162 / 320120 / 31797 / 31539 / 291-
Quartile3rd1st2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.1%33%5.9%22.6%-
Sector2%30.9%4.4%18.7%29.2%
Rank within sector132 / 319126 / 30471 / 29919 / 291-
Quartile2nd2nd1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
1.91
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.03
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.47
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
12.25
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.41
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.67
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.92
Price movement
52 week high221
52 week low155.6
Current bid price-
Current offer price-
Current mid price210.7
Region
1USA102.99%
2Money Market-2.99%
Industry sector
1Financials19.66%
2Technology18.7%
3Consumer Services13.7%
4Health Care13.62%
5Industrials12.05%
6Consumer Goods10.43%
7Oil & Gas6.72%
8Utilities3.33%
9Telecommunications2.5%
Asset type
1US Equities89.13%
2Property2.77%
3Others2.52%
4Irish Equities2.15%
5Cash & Cash Equivalents2.05%
6Swiss Equities0.45%
7UK Equities0.4%
8Singapore Equities0.29%
9Dutch Equities0.24%
Individual holdings
1APPLE INC3.71%
2MICROSOFT CORP2.52%
3EXXON MOBIL CORP1.71%
4AMAZON.COM INC1.69%
5JOHNSON & JOHNSON1.69%
6BERKSHIRE HATHAWAY INC1.65%
7JPMORGAN CHASE & CO1.65%
8FACEBOOK INC1.61%
9GENERAL ELECTRIC CO.1.34%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
HSBC state that the fund's objective is to provide long-term capital growth by matching the return of the S&P 500 Index. The fund invests in companies that make up the S&P 500 Index. The fund can use borrowing and is currently tracking the index using a full replication strategy.
Benchmark
  • S&P 500
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Fund manager
NameSinceBiography
Bijan Seghatchian15/07/2011Bijan is a senior fund manager Head of Equity Index Funds and has headed the team since 2009. He joined the Indexation and ETF Team in 2007 having originally joined HSBC Global Asset Management in 1995. Bijan holds a BSc in Psychology/Philosophy from Bristol University an MSc in Information Systems & Technology from City University in London and a Post-Graduate certificate in Economics from Birkbeck University of London.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FL HSBC American Index NGP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price210.7
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGFVT
FL HSBC American Index NGP Inet
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price207.57
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGFVU
Data provided by

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