Fact sheet: HSBC European Index

Fund information
Fund name
HSBC European Index C Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund manager
  • HSBC Global Asset Management (UK) Ltd.since 14/01/1989
Fund objective
The fund seeks to provide long term capital growth by matching the return of the FTSE Developed Europe excluding UK index. The fund will invest in companies that make up the FTSE Developed Europe excluding UK index. The ACD reserves the right to exercise the full powers of the fund in relation to borrowing and efficient portfolio management as and when it considers that the circumstances which then exist make it appropriate to do so. The scheme property may also not consist of the exact composition and weighting of the underlying in the index in circumstances where the ACD determines that this is expedient for reasons of poor liquidity or excessive cost to the fund.
Benchmark
  • FTSE Developed Europe excluding UK Index
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Quick stats
1 Year return
38.5%
1 Year rank in sector
18/97
Sector
UT Europe Excluding UK
Yield
2.4%
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.
0.09%
Fund size
£1,039m (£832m 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.
118
Mid price
858.9
Top in this sector
Fund name1 Year
Neptune European Opps62.2%
Marlborough Eurpn Multi-Cap53.3%
Invesco Perp European Equity44%
Schroder Eurpn Alpha Plus42.5%
Baillie Gifford European42.3%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Europe ex UK95.2%
    Money Market4.8%
  • Financials20.8%
    Consumer Goods18.7%
    Industrials14.7%
    Health Care12.3%
    Basic Materials8.1%
  • Europe ex UK Equities95.2%
    Money Market4.8%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund9.4%11.3%21.9%38.5%38.5%117.7%
Sector8.9%10.6%20.3%34.4%40%118.3%
Rank within sector34 / 10032 / 10028 / 9918 / 9752 / 8538 / 78
Quartile2nd2nd2nd1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund13.7%19.5%5.1%-0.1%25%
Sector13%16.4%9.1%-0.7%27.3%
Rank within sector33 / 10026 / 9675 / 8945 / 8554 / 78
Quartile2nd2nd4th3rd3rd
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.
-1.03
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.
1.08
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.
0.53
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%.
11.77
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.
2.02
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.
-0.18
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.
0.97
Price movement
52 week high858.9
52 week low613.9
Current bid price-
Current offer price-
Current mid price858.9
Region
1Europe ex UK95.23%
2Money Market4.77%
Industry sector
1Financials20.81%
2Consumer Goods18.72%
3Industrials14.74%
4Health Care12.28%
5Basic Materials8.12%
6Consumer Services4.79%
7Money Market4.77%
8Technology4.59%
9Oil & Gas4.03%
Asset type
1Europe ex UK Equities95.23%
2Money Market4.77%
Individual holdings
1NESTLE SA3.8%
2ROCHE HLDG AG2.88%
3NOVARTIS AG2.82%
4TOTAL SA1.79%
5SIEMENS AG1.68%
6SANOFI1.62%
7BAYER AG1.53%
8BASF SE1.47%
9BANCO SANTANDER SA1.42%
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 matching the return of the FTSE Developed Europe excluding UK index. The fund will invest in companies that make up the FTSE Developed Europe excluding UK index. The ACD reserves the right to exercise the full powers of the fund in relation to borrowing and efficient portfolio management as and when it considers that the circumstances which then exist make it appropriate to do so. The scheme property may also not consist of the exact composition and weighting of the underlying in the index in circumstances where the ACD determines that this is expedient for reasons of poor liquidity or excessive cost to the fund.
Benchmark
  • FTSE Developed Europe excluding UK Index
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Fund manager
NameSinceBiography
HSBC Global Asset Management (UK) Ltd.14/01/1989
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong
HSBC European Index A Inst Acc
Initial charge-
Annual charge0.13%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price899.2
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZP52
HSBC European Index C Acc
Initial charge-
Annual charge0.03%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price858.9
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG19E
HSBC European Index C Inc
Initial charge-
Annual charge0.03%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price619.2
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG19D
HSBC European Index Inst Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price924.8
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZP24
HSBC European Index Inst Inc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price906.9
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNAEJ
HSBC European Index Ret Acc
Initial charge-
Annual charge0.13%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price854.8
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHC45
HSBC European Index Ret Inc
Initial charge-
Annual charge0.13%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price615.1
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCJ11
HSBC European Index Z Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price511.4
CurrencyGBX
Price updated21/01/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGWGO
Data provided by

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