Fact sheet: HSBC GIF GEM Infltn Lkd Bd

Fund information
Fund name
HSBC GIF GEM Inflation Linked Bond EC USD
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund managers
  • Abdelak Adjriousince 31/03/2014
  • Binqi Liusince 30/06/2011
  • Nishant Upadhyaysince 01/02/2016
Fund objective
The sub-fund invests for total return primarily in a diversified portfolio of fixed income securities whose returns are linked to the inflation rate of one or more Emerging Market countries as well active overlay positions in local Emerging Market currencies. The sub-fund will invest in Investment Grade, Non-Investment Grade and unrated fixed income securities issued or guaranteed by governments, government agencies, supranational bodies or companies linked to Emerging Markets and denominated in local currencies of Emerging Markets. On an ancillary basis, the sub-fund may also invest in non-inflation linked fixed income securities denominated in either local currency or in the currency of an OECD country. The sub-fund will use financial derivative instruments such as currency forwards (including non-deliverable forwards), futures, swaps, options, credit default swaps and credit default indices. The sub-fund intends to use such financial derivative instruments for, inter alia, return enhancement, hedging, tax-efficient access to instruments and whenever the Investment Adviser believes the investment in financial derivative instruments will assist the sub-fund in achieving its investment objectives.
Benchmark
  • Barclays Emerging Markets Tradable Inflation-linked
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
20.2%
1 Year rank in sector
21/200
Sector
FO Fixed Int - Emerging Markets
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.
1.55%
Fund size
£25m (£27m 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.
101
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$59.2%
Pictet Lat Am Lcl Cur Dt45.1%
Old Mutual Em Mt Dt36.9%
SEI Emg Mkts Dt36%
Schroder ISF EmgMktBd35.9%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%4.6%8.8%20.2%-5%-
Sector0.3%5.2%8.3%12.5%3.1%14.6%
Rank within sector211 / 213108 / 21087 / 20721 / 200117 / 160-
Quartile4th3rd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund18.9%-18.2%2.8%-13%-
Sector13.4%-7.3%-0.6%-7%14.7%
Rank within sector22 / 205187 / 19469 / 170121 / 125-
Quartile1st4th2nd4th
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.
-2.77
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.
1.72
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.
7.42
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.
-0.24
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.
0.86
Price movement
52 week high9.63
52 week low7.53
Current bid price-
Current offer price-
Current mid price9.35
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1NTNB-24309013.23%
2NTNB-24309312.36%
3TURKEY(REPUBLIC OF) 3% BDS 23/02/22 TRY100010.35%
4MEXICO(UNITED MEXICAN STATES) 4% BDS 15/11/40 MXV10009.15%
5ISRAEL(STATE OF) 2.75% BDS 30/09/22 ILS10007.97%
6MEXICO(UNITED MEXICAN STATES) 2% 09/06/2022 MXN1006.98%
7REPUBLIC OF SOUTH AFRICA 2.0000 31-JAN-254.5%
8ISRAEL(STATE OF) 2.75% IDX LKD BDS 30/08/41 ILS10004.24%
9REPUBLIC OF SOUTH AFRICA 3.4500 07-DEC-333.98%
Management
Fund manager group
HSBC
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund objective
The sub-fund invests for total return primarily in a diversified portfolio of fixed income securities whose returns are linked to the inflation rate of one or more Emerging Market countries as well active overlay positions in local Emerging Market currencies. The sub-fund will invest in Investment Grade, Non-Investment Grade and unrated fixed income securities issued or guaranteed by governments, government agencies, supranational bodies or companies linked to Emerging Markets and denominated in local currencies of Emerging Markets. On an ancillary basis, the sub-fund may also invest in non-inflation linked fixed income securities denominated in either local currency or in the currency of an OECD country. The sub-fund will use financial derivative instruments such as currency forwards (including non-deliverable forwards), futures, swaps, options, credit default swaps and credit default indices. The sub-fund intends to use such financial derivative instruments for, inter alia, return enhancement, hedging, tax-efficient access to instruments and whenever the Investment Adviser believes the investment in financial derivative instruments will assist the sub-fund in achieving its investment objectives.
Benchmark
  • Barclays Emerging Markets Tradable Inflation-linked
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Abdelak Adjriou31/03/2014Mr. Adjriou is a Fund Manager on the Emerging Markets Debt team responsible for local markets. He joined the team in August 2013 from HSBC Global Asset Management (France) where he was a Fund Manager on the European Yield Curve Strategy team. He joined HSBC Global Asset Management (France) in December 2004 to develop HSBC Analytics our front-office risk monitoring system that is now employed globally. Mr. Adjriou moved into a portfolio management role in 2007. Before joining HSBC he worked for Credit Agricole Indosuez (France) as a quantitative analyst. Prior to that he worked for IBM (France) as an engineer. Mr. Adjriou has been working in the industry since 2003. He graduated from the Ecole Superieure en Sciences Informatiques (ESSI) (France) with a degree in Engineering and a postgraduate degree in Computer Science applied to Finance. He also holds a postgraduate degree in Random Modeling from the Universite Paris VI – Jussieu.
Binqi Liu30/06/2011Ms. Liu is a Fund Manager on the Emerging Markets Debt team responsible for local markets. She joined the firm in June 2008 as a consultant and became a full time employee as of January 2010. Before joining the firm she worked as a research assistant for Robert A. Mundell Nobel Prize winner in Economics since June 2007. Prior to that she worked at PCH Intl. as a Project Manager and at Beez Ltd. in marketing and supply chain management and administration. Ms. Liu has a B.A. from Hunan University in China and an M.P.A. from Columbia University. Ms. Liu is fluent in Mandarin and Cantonese.
Nishant Upadhyay01/02/2016
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, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
HSBC GIF GEM Inflation Linked Bond AC USD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price94.525
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04NY
HSBC GIF GEM Inflation Linked Bond AC USD CHF
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price91.779
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04NX
HSBC GIF GEM Inflation Linked Bond AC USD EUR
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price84.251
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7DJ
HSBC GIF GEM Inflation Linked Bond ACCHF
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNOY
HSBC GIF GEM Inflation Linked Bond ACEUR
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price8.425
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04O1
HSBC GIF GEM Inflation Linked Bond ACEUR USD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price9.452
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04O2
HSBC GIF GEM Inflation Linked Bond ACGBP
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price7.295
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04NZ
HSBC GIF GEM Inflation Linked Bond ACGBP USD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price9.454
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04O0
HSBC GIF GEM Inflation Linked Bond AD USD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNOZ
HSBC GIF GEM Inflation Linked Bond BC USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNPA
HSBC GIF GEM Inflation Linked Bond BCEUR EUR
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.8
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLZP
HSBC GIF GEM Inflation Linked Bond BCEUR EUR GBP
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price7.87
CurrencyGBP
Price updated30/07/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLZQ
HSBC GIF GEM Inflation Linked Bond BCEUR EUR PLN
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price41.335
CurrencyPLN
Price updated30/07/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLZR
HSBC GIF GEM Inflation Linked Bond BCEUR EUR SGD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price16.572
CurrencySGD
Price updated30/07/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLZS
HSBC GIF GEM Inflation Linked Bond BCEUR EUR USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price12.117
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLZT
HSBC GIF GEM Inflation Linked Bond BCGBP
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.941
CurrencyGBP
Price updated19/12/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF44H
HSBC GIF GEM Inflation Linked Bond BCGBP USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.631
CurrencyUSD
Price updated19/12/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4FW
HSBC GIF GEM Inflation Linked Bond BDGBP
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.866
CurrencyGBP
Price updated19/12/2013
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF44I
HSBC GIF GEM Inflation Linked Bond BDGBP USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.509
CurrencyUSD
Price updated19/12/2013
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4FX
HSBC GIF GEM Inflation Linked Bond EC USD
Initial charge5.54%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price9.351
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG2LS
HSBC GIF GEM Inflation Linked Bond EC USD EUR
Initial charge5.54%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price8.335
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG2LT
HSBC GIF GEM Inflation Linked Bond ECEUR
Initial charge5.54%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNPB
HSBC GIF GEM Inflation Linked Bond ECGBP
Initial charge5.54%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNPC
HSBC GIF GEM Inflation Linked Bond ED USD
Initial charge5.54%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNPD
HSBC GIF GEM Inflation Linked Bond IC USD
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price97.287
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04O5
HSBC GIF GEM Inflation Linked Bond IC USD EUR
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price86.712
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF7DK
HSBC GIF GEM Inflation Linked Bond ICCHF
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNPE
HSBC GIF GEM Inflation Linked Bond ICEUR
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price8.671
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04O3
HSBC GIF GEM Inflation Linked Bond ICEUR USD
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price9.728
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04O4
HSBC GIF GEM Inflation Linked Bond ICGBP
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNPF
HSBC GIF GEM Inflation Linked Bond ID USD
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFNPG
HSBC GIF GEM Inflation Linked Bond XC USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price10.19
CurrencyUSD
Price updated22/04/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4WH
HSBC GIF GEM Inflation Linked Bond ZC USD
Initial charge5.54%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price9.397
CurrencyUSD
Price updated29/05/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF28N
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.