Fact sheet: HSBC GIF GEMEqtyVolFcs

Fund information
Fund name
HSBC GIF GEM Equity Volatility Focused EC USD GBP
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The sub-fund aims to provide long term total return by investing in a portfolio of Emerging Market equities.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, or carry out the larger part of their business activities in, Emerging Markets. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITS”). The sub-fund may invest the remaining assets in financial derivative instruments and/or temporarily in fixed income securities, money market instruments,cash instruments and cash.The sub-fund aims for a lower portfolio volatility relative to that of the MSCI Emerging Markets Index through portfolio construction. The sub-fund uses portfolio optimisation to lower overall portfolio volatility by selecting a combination of lower volatility stocks and higher volatility stocks that are less correlated and thereby diversifying the portfolio. The sub-fund may rely on market research and quantitative analysis to estimate individual stock volatility and intra-stock correlation as part of its portfolio optimisation process.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 30% 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 40% 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 normally invests across a range of market capitalisations without any capitalisation restriction.The sub-fund will not invest more than 30% of its net assets in a combination of participation notes and convertible securities.The sub-fund will not invest more than 10% of its net assets in securities issued by or guaranteed by any single sovereign issuer with a credit rating below Investment Grade.The sub-fund will not invest more than 10% of its net assets in REITS.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
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
25.7%
1 Year rank in sector
19/258
Sector
FO Equity - 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.
2.4%
Fund size
£29m (£33m last year)
Top in this sector
Fund name1 Year
Charlemagne Magna New Frontrs45.7%
GAM Star Nth of Sth EM Eq38.9%
HSBC GIFEconScaleIxGEMEq37.1%
Templeton BRIC35.8%
Jul Baer Mltistck Emerg Eq31.9%
...more in FO Equity - Emerging Markets

Performance snapshot

Holdings snapshot

  • China19.6%
    Korea18.3%
    Taiwan12.8%
    India12.4%
    International9.3%
  • Financials25.3%
    Information Technology16.6%
    Consumer Discretionary14.4%
    Consumer Staples12.7%
    Telecommunications Utilities9.9%
  • Chinese Equities19.6%
    South Korean Equities18.3%
    Taiwanese Equities12.8%
    Indian Equities12.4%
    International Equities9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7.8%1.5%18.3%25.7%--
Sector-4.6%-1.8%7.9%6.8%-7.8%1.5%
Rank within sector234 / 26356 / 26635 / 26319 / 258--
Quartile4th1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund28.1%----
Sector9.9%-14.3%-1.4%-0.7%14.2%
Rank within sector24 / 258----
Quartile1st
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high8.74
52 week low5.8
Current bid price-
Current offer price-
Current mid price7.92
Region
1China19.61%
2Korea18.33%
3Taiwan12.75%
4India12.35%
5International9.25%
6Mexico8.24%
7Turkey5.12%
8Brazil3.95%
9Thailand3.85%
Industry sector
1Financials25.26%
2Information Technology16.56%
3Consumer Discretionary14.38%
4Consumer Staples12.73%
5Telecommunications Utilities9.93%
6Energy5.82%
7Industrials5.06%
8Materials5.05%
9Utilities1.96%
Asset type
1Chinese Equities19.61%
2South Korean Equities18.33%
3Taiwanese Equities12.75%
4Indian Equities12.35%
5International Equities9.25%
6Mexican Equities8.24%
7Turkish Equities5.12%
8Brazilian Equities3.95%
9Thai Equities3.85%
Individual holdings
1BANK OF COMMUNICATIONS2.31%
2AGRICULTURAL BANK OF CHINA2.28%
3NCSOFT CORP2.28%
4INDUSTRIAL & COM BK CHNA2.23%
5CHINA CONSTRUCTION BANK2.22%
6HYUNDAI MARINE & FIRE INSURANCE CO2.21%
7KB FINANCIAL GROUP INC2.2%
8HANKOOK TIRE WORLDWIDE CO LTD2.12%
9HON HAI PRECISION INDUSTRY2.12%
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 Emerging Market equities.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, or carry out the larger part of their business activities in, Emerging Markets. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITS”). The sub-fund may invest the remaining assets in financial derivative instruments and/or temporarily in fixed income securities, money market instruments,cash instruments and cash.The sub-fund aims for a lower portfolio volatility relative to that of the MSCI Emerging Markets Index through portfolio construction. The sub-fund uses portfolio optimisation to lower overall portfolio volatility by selecting a combination of lower volatility stocks and higher volatility stocks that are less correlated and thereby diversifying the portfolio. The sub-fund may rely on market research and quantitative analysis to estimate individual stock volatility and intra-stock correlation as part of its portfolio optimisation process.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 30% 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 40% 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 normally invests across a range of market capitalisations without any capitalisation restriction.The sub-fund will not invest more than 30% of its net assets in a combination of participation notes and convertible securities.The sub-fund will not invest more than 10% of its net assets in securities issued by or guaranteed by any single sovereign issuer with a credit rating below Investment Grade.The sub-fund will not invest more than 10% of its net assets in REITS.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
No data available.
Investment style
None
Investment method
Shares
Fund manager
No data available.
Compliance
UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Czech Republic, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Offshore
HSBC GIF GEM Equity Volatility Focused 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)1.9%
Bid price-
Offer price-
Mid price10.065
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWEC
HSBC GIF GEM Equity Volatility Focused 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)1.9%
Bid price-
Offer price-
Mid price9.485
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWDZ
HSBC GIF GEM Equity Volatility Focused 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)1.9%
Bid price-
Offer price-
Mid price7.975
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWEA
HSBC GIF GEM Equity Volatility Focused AC USD SGD
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)1.9%
Bid price-
Offer price-
Mid price14.375
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWEB
HSBC GIF GEM Equity Volatility Focused 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)1.9%
Bid price-
Offer price-
Mid price10.064
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWEN
HSBC GIF GEM Equity Volatility Focused 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)1.9%
Bid price-
Offer price-
Mid price9.484
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWEK
HSBC GIF GEM Equity Volatility Focused 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)1.9%
Bid price-
Offer price-
Mid price7.974
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWEL
HSBC GIF GEM Equity Volatility Focused AD USD SGD
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)1.9%
Bid price-
Offer price-
Mid price14.373
CurrencySGD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWEM
HSBC GIF GEM Equity Volatility Focused BC USD
Initial charge5.54%
Annual charge0.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price10.166
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWCA
HSBC GIF GEM Equity Volatility Focused BC USD EUR
Initial charge5.54%
Annual charge0.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price9.58
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWEQ
HSBC GIF GEM Equity Volatility Focused BC USD GBP
Initial charge5.54%
Annual charge0.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price8.055
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWER
HSBC GIF GEM Equity Volatility Focused BC USD SGD
Initial charge5.54%
Annual charge0.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price14.519
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWES
HSBC GIF GEM Equity Volatility Focused 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)2.4%
Bid price-
Offer price-
Mid price9.999
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWCB
HSBC GIF GEM Equity Volatility Focused 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)2.4%
Bid price-
Offer price-
Mid price9.423
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWET
HSBC GIF GEM Equity Volatility Focused 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)2.4%
Bid price-
Offer price-
Mid price7.923
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWEU
HSBC GIF GEM Equity Volatility Focused 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)2.4%
Bid price-
Offer price-
Mid price14.281
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWEV
HSBC GIF GEM Equity Volatility Focused IC 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)-
Bid price-
Offer price-
Mid price10.497
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9AS
HSBC GIF GEM Equity Volatility Focused IC USD EUR
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)-
Bid price-
Offer price-
Mid price9.892
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9AT
HSBC GIF GEM Equity Volatility Focused IC USD GBP
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)-
Bid price-
Offer price-
Mid price8.317
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9AU
HSBC GIF GEM Equity Volatility Focused IC USD SGD
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)-
Bid price-
Offer price-
Mid price14.992
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9AV
HSBC GIF GEM Equity Volatility Focused XC EUR
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.146
CurrencyEUR
Price updated07/03/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1AM
HSBC GIF GEM Equity Volatility Focused XC EUR USD
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.046
CurrencyUSD
Price updated07/03/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1AN
HSBC GIF GEM Equity Volatility Focused XC GBP
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price12.271
CurrencyGBP
Price updated23/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1AK
HSBC GIF GEM Equity Volatility Focused XC GBP USD
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price16.26
CurrencyUSD
Price updated23/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE1AL
HSBC GIF GEM Equity Volatility Focused XC USD
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.651
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWEJ
HSBC GIF GEM Equity Volatility Focused XC USD EUR
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.095
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWEG
HSBC GIF GEM Equity Volatility Focused XC USD GBP
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price6.391
CurrencyGBP
Price updated07/03/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWEH
HSBC GIF GEM Equity Volatility Focused XC USD SGD
Initial charge5.54%
Annual charge0.7%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.784
CurrencySGD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWEI
Data provided by

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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.