Fact sheet: HSBC Euro Liquidity

Fund information
Fund name
HSBC Euro Liquidity D
Fund manager company
HSBC Asset Management (IRL)
Fund type
No data available.
Fund managers
  • Philip Walshsince 01/09/2012
  • Florent Vassordsince 01/06/2007
  • Sophie Nguyensince 11/05/2001
Fund objective
To provide investors with security of capital and daily liquidity together with an investment return which is comparable to normal Euro denominated money market interest rates.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
-0.2%
1 Year rank in sector
31/57
Sector
FO Currency - Euro
Yield
-
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.
0.14%
Fund size
£4,753m (£3,327m 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.
62
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.4%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
Petercam L Liq EUR&FRN0.8%
Hume Caut MA €0.5%
Parvest Enhcd Cash 6 Mth0.5%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.2%-0.2%-0.2%-0%
Sector-0.1%-0.1%-0.2%-0.2%-0.1%0.3%
Rank within sector21 / 5928 / 5828 / 5831 / 5732 / 5425 / 43
Quartile2nd2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%-0%0%0%0%
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector31 / 5824 / 5433 / 5323 / 5029 / 45
Quartile3rd2nd3rd2nd3rd
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.
-0.07
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.
0.12
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%.
0.04
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.
0.11
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.
-0.82
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.
0.15
Price movement
52 week high1.22
52 week low1.21
Current bid price-
Current offer price-
Current mid price1.21
Region
1Money Market100%
Industry sector
1Cash Deposits41.5%
2Commercial Paper35.8%
3Floating Rate Notes14.6%
4Fixed Interest8.1%
Asset type
1Money Market100%
Individual holdings
1HSBC FRANCE EONIA10%
2KBC GROEP9.9%
3GROUPE CREDIT MUTUEL5.9%
4AGENCE CENTRALE DES ORGANISMES4.1%
5GENERAL ELECTRIC CO.3.9%
6BNP PARIBAS3.8%
7FRENCH REPUBLIC3.2%
8GROUP BPCE SA3%
9FLEMISH COMM2.6%
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 Euro denominated money market interest rates.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Fund managers
NameSinceBiography
Philip Walsh01/09/2012Philip Walsh (Paris) is a fund manager in the euro management team and has been working in the industry since 1988. Philip is specialised on sterling-denominated money market funds. Prior to his current role, Philip worked as head of project management during three years and as head of Market Data Team during six years both in HSBC Investments' Middle Office. Philip started his career working for Dun and Bradstreet as a business analyst in 1988 and for a reinsurance company as a client relationship manager. Philip holds a BAin Economics and Law from the University of Limerick (Ireland).
Florent Vassord01/06/2007Florent Vassord (Paris) is a fund manager in the euro fund management team and has been working in the industry since 2000. Florent is specialised in fixed income and solutions portfolios. Prior to his current role, Florent worked as assistant of fund manager during five years. Florent started his career working for DEXIA CLF as Back Office Manager. Florent holds a BA and a Master's degree in Banking and Financial Markets from the University Paris I Panthéon Sorbonne
Sophie Nguyen11/05/2001Sophie Nguyen (Paris) is a fund manager in the euro fund management team and has been working in the industry since 1998. Sophie is pecialised in fixed income euro money market funds. Prior to his current role, Sophie worked as a fund manager's assistant in charge for trades settlement for fixed income funds, as head of fund managers' assistants team for trades settlement. She holds a BA (Maitrise) in Economics and a Master's degree (DESS) in Bank and Finance from the University of Paris I - Panthéon Sorbonne (France).
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Germany, Denmark, Finland, France, United Kingdom, Greece, Isle of Man, Ireland, Italy, Netherlands, Norway, Offshore, Singapore, Sweden
HSBC Euro Liquidity A
Initial charge5%
Annual charge0.1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHJ19
HSBC Euro Liquidity B
Initial charge5%
Annual charge0.4%
Min single investment£10,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHJ20
HSBC Euro Liquidity C
Initial charge5%
Annual charge0.1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.12%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1.2384
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHJ21
HSBC Euro Liquidity D
Initial charge5%
Annual charge0.4%
Min single investment£10,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1.2139
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHJ23
HSBC Euro Liquidity F
Initial charge5%
Annual charge0.15%
Min single investment£250,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMUUL
HSBC Euro Liquidity G
Initial charge5%
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
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMUUM
HSBC Euro Liquidity H
Initial charge5%
Annual charge0.1%
Min single investment£1,000,000,000
Min regular saving£20,000,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMUUN
HSBC Euro 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
CurrencyEUR
Price updated26/09/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeN8GE
HSBC Euro 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 price0.9978
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMWDA
HSBC Euro 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
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMT7W
Data provided by

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