Fact sheet: HSBC GIF Chn Cnsmr Ops

Fund information
Fund name
HSBC GIF China Consumer Opportunities AC USD
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund managers
  • Angus Parkersince 31/10/2013
Fund objective
The sub-fund aims to provide long term total return by investing in a portfolio of equities of companies positioned to benefit from growth in the consumer economy in China.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of mid to large cap companies which are domiciled in, based in, or carry out business activities in, any country including both developed markets, such as OECD countries, and Emerging Markets.The reference to "mid to large cap" generally refers to companies in the top 85% of each market by free-float adjusted market capitalisation. Such percentage may differ from market to market and may be subject to change from time to time.Investments in Chinese equities include, but are not limited to, China A-shares and China B-shares (and such other securities as may be available) listed on stock exchanges in the People's Republic of China (“PRC”). The sub-fund may directly invest in China A-shares through the Shanghai-Hong Kong Stock Connect, subject to applicable quota limitations. Furthermore, the sub-fund may gain exposure to China A-shares indirectly through China A-shares Access Products (“CAAP”) such as,but not limited to, participation notes linked to China A-shares.The sub-fund may invest up to 20% of its nets assets in China A-shares through the Shanghai-Hong Kong Stock Connect and up to 30% of its net assets in CAAPs. The sub-fund's maximum exposure to China A-shares (through the Shanghai-Hong Kong Stock Connect or CAAP) and China B-shares is 30% of its net assets. The sub-fund will not invest more than 10% of its net assets in CAAPs issued by any single issuer of CAAPs.The sub-fund may invest up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other sub-funds of HSBC Global Investment Funds).The sub-fund may use financial derivative instruments for hedging and cash flow management (for example, Equitisation). However, the sub-fund will not use financial derivative instruments extensively for investment purposes. The financial derivative instruments the sub-fund is permitted to use include, but are not limited to, futures and foreign exchange forwards (including non-deliverable forwards). Financial derivative instruments may also be embedded in other instruments in which the sub-fund may invest.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
9.7%
1 Year rank in sector
33/43
Sector
FO Equity - Other Specialist
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.
1.9%
Fund size
£49m (£79m 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.
95
Top in this sector
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Fidelity Global Indus43.1%
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Fidelity Gbl Csmr Inds32.9%
MontLake AshPrkGbCsrStlUCIT32.4%
AMP Cap Gbl Lis Infr28.9%
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Performance snapshot

Holdings snapshot

  • No data available.
  • Consumer Discretionary23.3%
    Information Technology18.8%
    Consumer Staples15.1%
    Financials9.2%
    Materials7.8%
  • Chinese Equities99.1%
    Money Market0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%10.1%7%9.7%-1.3%41.1%
Sector1%6.2%8%11.2%17.7%47.1%
Rank within sector28 / 439 / 4425 / 4333 / 4334 / 3922 / 29
Quartile3rd1st3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.4%-9.3%-1.9%19%23.3%
Sector7.1%-1.9%8.4%11%10.7%
Rank within sector29 / 4332 / 4334 / 4011 / 352 / 30
Quartile3rd3rd4th2nd1st
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.
-7.11
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.
1.29
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
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%.
13.87
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.
7.38
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.
-0.76
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.
0.75
Price movement
52 week high14.3
52 week low11.73
Current bid price-
Current offer price-
Current mid price14.13
Region
No data available.
Industry sector
1Consumer Discretionary23.3%
2Information Technology18.81%
3Consumer Staples15.12%
4Financials9.23%
5Materials7.82%
6Industrials7.49%
7Energy6.1%
8Health Care4.87%
9Telecommunications Utilities3.71%
Asset type
1Chinese Equities99.08%
2Money Market0.92%
Individual holdings
1VARIAN MEDICAL SYSTEMS INC2.78%
2CITIGROUP INC2.77%
3DELPHI AUTOMOTIVE PLC2.77%
4AKZO NOBEL INDIA LTD2.7%
5AKZO NOBEL INDIA LTD2.7%
6SAMSONITE INTL SA2.7%
7MICROSOFT CORP2.68%
8TENCENT HLDGS LIMITED2.64%
9SEB SA2.63%
Management
Fund manager group
HSBC
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund objective
The sub-fund aims to provide long term total return by investing in a portfolio of equities of companies positioned to benefit from growth in the consumer economy in China.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of mid to large cap companies which are domiciled in, based in, or carry out business activities in, any country including both developed markets, such as OECD countries, and Emerging Markets.The reference to "mid to large cap" generally refers to companies in the top 85% of each market by free-float adjusted market capitalisation. Such percentage may differ from market to market and may be subject to change from time to time.Investments in Chinese equities include, but are not limited to, China A-shares and China B-shares (and such other securities as may be available) listed on stock exchanges in the People's Republic of China (“PRC”). The sub-fund may directly invest in China A-shares through the Shanghai-Hong Kong Stock Connect, subject to applicable quota limitations. Furthermore, the sub-fund may gain exposure to China A-shares indirectly through China A-shares Access Products (“CAAP”) such as,but not limited to, participation notes linked to China A-shares.The sub-fund may invest up to 20% of its nets assets in China A-shares through the Shanghai-Hong Kong Stock Connect and up to 30% of its net assets in CAAPs. The sub-fund's maximum exposure to China A-shares (through the Shanghai-Hong Kong Stock Connect or CAAP) and China B-shares is 30% of its net assets. The sub-fund will not invest more than 10% of its net assets in CAAPs issued by any single issuer of CAAPs.The sub-fund may invest up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other sub-funds of HSBC Global Investment Funds).The sub-fund may use financial derivative instruments for hedging and cash flow management (for example, Equitisation). However, the sub-fund will not use financial derivative instruments extensively for investment purposes. The financial derivative instruments the sub-fund is permitted to use include, but are not limited to, futures and foreign exchange forwards (including non-deliverable forwards). Financial derivative instruments may also be embedded in other instruments in which the sub-fund may invest.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Angus Parker31/10/2013Angus Parker is head of the Developed Markets Equity team and has been working in the industry since 1993. Prior to joining HSBC in 2004 Angus worked for Lazard Asset Management. Angus holds an MA degree from the University of Edinburgh (UK) and is an Associate of the Institute of Investment Management and Research (AIIMR).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, United Kingdom, Hong Kong, Italy, Jersey, Luxembourg, Macau, Offshore, Singapore
HSBC GIF China Consumer Opportunities AC USD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price14.129
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DVG
HSBC GIF China Consumer Opportunities AC USD EUR
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price12.582
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7DL
HSBC GIF China Consumer Opportunities AC USD GBP
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price10.886
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DVH
HSBC GIF China Consumer Opportunities ACEUR
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNLS
HSBC GIF China Consumer Opportunities ACHAUD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyAUD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNGR
HSBC GIF China Consumer Opportunities ACHCAD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCAD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNGS
HSBC GIF China Consumer Opportunities ACHKD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price14.052
CurrencyHKD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DVJ
HSBC GIF China Consumer Opportunities ACHKD USD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.93%
Bid price-
Offer price-
Mid price1.812
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0DVI
HSBC GIF China Consumer Opportunities ACHSGD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNGT
HSBC GIF China Consumer Opportunities AD USD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price9.818
CurrencyUSD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBMWZ
HSBC GIF China Consumer Opportunities AD USD EUR
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price8.743
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFD5F
HSBC GIF China Consumer Opportunities AD USD GBP
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price7.565
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBMWY
HSBC GIF China Consumer Opportunities AD USD HKD
Initial charge5.54%
Annual charge1.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price76.144
CurrencyHKD
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFD5G
HSBC GIF China Consumer Opportunities EC USD
Initial charge5.54%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price9.373
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK8E
HSBC GIF China Consumer Opportunities EC USD EUR
Initial charge5.54%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price8.347
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKPV
HSBC GIF China Consumer Opportunities EC USD GBP
Initial charge5.54%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price7.222
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKPW
HSBC GIF China Consumer Opportunities EC USD HKD
Initial charge5.54%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price72.693
CurrencyHKD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKPX
HSBC GIF China Consumer Opportunities EC USD SGD
Initial charge5.54%
Annual charge2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price12.773
CurrencySGD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKPY
HSBC GIF China Consumer Opportunities I USD
Initial charge5.54%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price8.273
CurrencyUSD
Price updated12/02/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFBR
HSBC GIF China Consumer Opportunities ICEUR
Initial charge5.54%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price10.854
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPCC
HSBC GIF China Consumer Opportunities ICEUR USD
Initial charge5.54%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price12.188
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPCD
HSBC GIF China Consumer Opportunities S5C USD
Initial charge5.54%
Annual charge0.4%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price9.441
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS5C
HSBC GIF China Consumer Opportunities S5C USD EUR
Initial charge5.54%
Annual charge0.4%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price8.407
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS7F
HSBC GIF China Consumer Opportunities S5C USD GBP
Initial charge5.54%
Annual charge0.4%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price7.274
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS5A
HSBC GIF China Consumer Opportunities S5C USD HKD
Initial charge5.54%
Annual charge0.4%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price73.22
CurrencyHKD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS5B
HSBC GIF China Consumer Opportunities S5C USD SGD
Initial charge5.54%
Annual charge0.4%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price12.866
CurrencySGD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFS7G
Data provided by

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