Fact sheet: HSBC Canadian Dollar Liquidity

Fund information
Fund name
HSBC Canadian Dollar Liquidity A
Fund manager company
HSBC Asset Management (IRL)
Fund type
No data available.
Fund managers
  • JASON MOSHOSsince 01/01/2011
Fund objective
To provide investors with security of capital and daily liquidity together with an investment return which is comparable to normal Canadian Dollar denominated money market interest rates.
Benchmark
  • No Specified Index
Investment style
Liquidity,Capital Protection Targeted
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.3%
1 Year rank in sector
7/22
Sector
FO Currency - Other
Yield
0.4%
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.
0.2%
Fund size
£188m
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.
76
Top in this sector
Fund name1 Year
UBS (L)MnMk-AUD1.5%
JPM Liq AUD Liq1.5%
FF AusDoCa1.2%
Nomura C100.7%
Fidelity Inst Liquidity CAD0.4%
...more in FO Currency - Other

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Commercial Paper47.6%
    Government Bonds36.6%
    Time Deposits15.2%
    Floating Rate Notes0.6%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.1%0.3%1.4%2.7%
Sector-0.3%-0.3%-0.2%0.1%-0.4%0.3%
Rank within sector6 / 237 / 238 / 237 / 226 / 219 / 21
Quartile2nd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.3%0.4%0.7%0.7%0.7%
Sector-0%-0.7%0.3%-0.4%1.5%
Rank within sector8 / 226 / 239 / 2211 / 2213 / 22
Quartile2nd2nd2nd2nd3rd
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.
0.47
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.
-0
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.
-
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%.
0.07
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.
0.62
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.
0.99
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Money Market100%
Industry sector
1Commercial Paper47.6%
2Government Bonds36.6%
3Time Deposits15.2%
4Floating Rate Notes0.6%
Asset type
1Money Market100%
Individual holdings
1GOVERNMENT OF CANADA21.3%
2SOCIETE GENERALE7.8%
3NATIONAL BANK OF CANADA7.4%
4MUNICIPAL FINANCE AUTHORITY OF BRITISH4.9%
5ROYAL BANK OF CANADA4.9%
6CANADIAN IMPERIAL BANK OF COMMERCE4.5%
7BANK OF NOVA SCOTIA4%
8PROVINCE OF QUEBEC CANADA4%
9TORONTO-DOMINION BANK3.9%
Management
Fund manager group
HSBC
Fund manager company
HSBC Asset Management (IRL)
Fund type
No data available.
Fund objective
To provide investors with security of capital and daily liquidity together with an investment return which is comparable to normal Canadian Dollar denominated money market interest rates.
Benchmark
  • No Specified Index
Investment style
Liquidity,Capital Protection Targeted
Investment method
Short Dated Bonds
Fund managers
NameSinceBiography
JASON MOSHOS01/01/2011Jason Moshos is a Portfolio Manager responsible for the active asset management of money market funds and short duration portfolios. He joined HSBC Global Asset Management in May 2008 from Alliance Capital Management, where he was a Portfolio Manager from 2003 to 2008 responsible for the active asset management of money market funds as well as the management of fixed income financing activities. From 2000 to 2003 Mr. Moshos was a municipal credit research assistant at Alliance Capital Management, responsible for surveillance of money market and healthcare credits. He has been working in the industry since 2000. Mr. Moshos holds a BS in Finance from California State University, Long Beach
Compliance
Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Isle of Man, Ireland, Offshore
HSBC Canadian Dollar Liquidity A
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF0H6
HSBC Canadian Dollar Liquidity C
Initial charge-
Annual charge0.2%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated02/11/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0H1I
HSBC Canadian Dollar Liquidity F
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNFOI
HSBC Canadian Dollar Liquidity G
Initial charge-
Annual charge0.12%
Min single investment£750,000,000
Min regular saving£10,000,000
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMVYH
HSBC Canadian Dollar Liquidity H
Initial charge-
Annual charge0.1%
Min single investment£1,000,000,000
Min regular saving£20,000,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMUUO
HSBC Canadian Dollar Liquidity I
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 price1
CurrencyCAD
Price updated02/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeN8GD
HSBC Canadian Dollar Liquidity L
Initial charge5%
Annual charge0.1%
Min single investment£1,000,000,000
Min regular saving£20,000,000
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0059
CurrencyCAD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMUUP
HSBC Canadian Dollar Liquidity Z
Initial charge5%
Annual charge-
Min single investment£20,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMUCP
Data provided by

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