Fact sheet: HSBC Asian Growth

Fund information
Fund name
HSBC Asian Growth Ret Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund managers
  • Husan Paisince 16/12/2004
  • Sanjiv Duggalsince 04/08/2013
Fund objective
The fund seeks to provide long-term capital growth by investing in the Far East excluding Japan. The fund seeks to invest in a diverse portfolio of securities quoted on Far Eastern stock markets excluding Japan. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
  • MSCI AC Far East Free ex. Japan Grs
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
27.9%
1 Year rank in sector
28/63
Sector
UT Asia Pacific Excluding Japan
Yield
0.6%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.71%
Fund size
£56m (£41m 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.
124
Mid price
121.7
Top in this sector
Fund name1 Year
Invesco Perp Asian38.6%
Old Mutual Invesco Perp Asn36.9%
L&G Asian Income Trust33.7%
Old Mutual Asia Pacific33.2%
Fidelity Asia Pacific Opps31.8%
...more in UT Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • Hong Kong31.9%
    Korea20.2%
    Taiwan12.4%
    China10.3%
    Singapore6.3%
  • Financials24.6%
    Technology21.4%
    Consumer Goods17%
    Telecommunications10.1%
    Consumer Services7%
  • Hong Kong Equities31.9%
    South Korean Equities20.2%
    Taiwanese Equities12.4%
    Chinese Equities10.3%
    Singapore Equities6.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%-1.1%21.2%27.9%26.6%32.9%
Sector-3.1%-0.8%18.6%26.3%29.9%52.4%
Rank within sector24 / 6534 / 6514 / 6528 / 6346 / 5748 / 50
Quartile2nd3rd1st2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund28.2%-6.1%6.7%-1.6%9%
Sector24.2%-3.8%9.2%3.4%15.7%
Rank within sector10 / 6351 / 6146 / 5745 / 5150 / 50
Quartile1st4th4th4th4th
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.
-1.45
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.
1.1
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.
0.32
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%.
15.83
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.
4.32
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.
-0.17
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.
0.93
Price movement
52 week high132.8
52 week low85.75
Current bid price-
Current offer price-
Current mid price121.7
Region
1Hong Kong31.94%
2Korea20.22%
3Taiwan12.4%
4China10.31%
5Singapore6.26%
6Indonesia5.27%
7Money Market5.27%
8Malaysia2.7%
9USA2.39%
Industry sector
1Financials24.57%
2Technology21.44%
3Consumer Goods17.01%
4Telecommunications10.12%
5Consumer Services7%
6Industrials5.46%
7Money Market4.43%
8Oil & Gas4.09%
9Utilities3.67%
Asset type
1Hong Kong Equities31.94%
2South Korean Equities20.22%
3Taiwanese Equities12.4%
4Chinese Equities10.31%
5Singapore Equities6.26%
6Indonesian Equities5.27%
7Money Market5.27%
8Malaysian Equities2.7%
9US Equities2.39%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING7.7%
2SAMSUNG ELECTRONICS CO5.66%
3TENCENT HLDGS LIMITED5.63%
4AIA GROUP LTD4.95%
5CHINA MOBILE LTD3.86%
6SK HYNIX INC3.33%
7BOC HONG KONG(HLDGS)3.08%
8CK HUTCHISON HLDGS LTD2.9%
9CHINA LIFE INSURANCE CO2.72%
Management
Fund manager group
HSBC
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund objective
The fund seeks to provide long-term capital growth by investing in the Far East excluding Japan. The fund seeks to invest in a diverse portfolio of securities quoted on Far Eastern stock markets excluding Japan. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
  • MSCI AC Far East Free ex. Japan Grs
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Husan Pai16/12/2004Husan Pai is a fund manager in the Asia ex Japan equity team and has been working in the industry since 1987. Prior to joining HSBC in 2003 Husan worked as director of investment at Credit Agricole Asset Management. He holds a Bachelor of Business Administration in Economics and Finance from Simon Fraser University (Canada).
Sanjiv Duggal04/08/2013Sanjiv Duggal is the Head of Asian and Indian Equities and has been working in the industry since 1991. Sanjiv joined HSBC in 1996 and was responsible for the management of Indian equities. Sanjiv moved into his current role in July 2013 and will continue to manage the flagship HSBC GIF Indian Equity Fund which he has been involved in running since he joined. Prior to joining HSBC Sanjiv worked for the Hill Samuel Group where he spent nearly five years initially in internal audit and latterly as an Emerging Markets fund manager. Sanjiv is a Chartered Accountant.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
HSBC Asian Growth C Acc
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFHC
HSBC Asian Growth C Inc
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.6
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMFHB
HSBC Asian Growth Ret Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.7
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHC43
HSBC Asian Growth Ret Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.1
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCJ07
Data provided by

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