Fact sheet: HSBC Gbl Strat Caut Pfl

Fund information
Fund name
HSBC Global Strategy Cautious Portfolio C Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund managers
  • Jim Dunsfordsince 01/01/2016
  • Caroline Margaret Hitchsince 16/10/2011
  • Beverley Jane Daviessince 16/10/2011
Fund objective
The fund seeks to provide capital growth through cautious investment in a broad range of asset classes across global markets, with a bias towards fixed interest securities. The fund will invest mainly in collective investment schemes, exchange traded funds and, where appropriate, direct investment into certain other assets. The collective investment schemes and exchange traded funds are those that will aim to match the return of market indices and shall, in turn, invest in fixed income securities, equities, commodities, private equity and property that make up the relevant index. The ACD will use direct investment in assets where, in its opinion, an asset class can be adequately replicated with a relatively low number of instruments. Typically the Fund shall have a bias towards assets that focus on fixed interest securities. The ACD may also invest, at its discretion, in other collective investment schemes, transferable securities, money market instruments, deposits, cash and near cash. On giving 60 days' notice to Shareholders, the Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes however, it is envisaged that the use of such instruments in this way will not affect the overall risk profile of the Fund.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
8.7%
1 Year rank in sector
70/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.7%
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.
0.17%
Fund size
£24m (£12m 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.
34
Mid price
129.1
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution17.8%
SVS TPI Balanced 216.3%
S&W Wessex15.2%
HSBC Open Global Return14.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • International36.5%
    Not Specified36%
    USA8.4%
    Money Market6%
    Europe4.8%
  • No data available.
  • Global Government Fixed Interest36.5%
    Global Corporate Fixed Interest32%
    US Equities8.4%
    Money Market6%
    European Equities4.8%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-2.2%5%8.7%17.3%28.7%
Sector-1.7%-0.6%6.3%7.1%14.8%35.7%
Rank within sector143 / 214180 / 213145 / 21070 / 20475 / 173125 / 144
Quartile3rd4th3rd2nd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund8.9%0.4%7.6%1.9%5.8%
Sector7.6%1.2%5%9%8%
Rank within sector77 / 204137 / 19029 / 175154 / 161124 / 145
Quartile2nd3rd1st4th4th
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.
2.06
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.
0.63
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.
0.54
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%.
4.5
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.
3.44
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.
-0.05
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.
0.64
Price movement
52 week high133.5
52 week low116.1
Current bid price-
Current offer price-
Current mid price129.1
Region
1International36.5%
2Not Specified36%
3USA8.4%
4Money Market6%
5Europe4.8%
6Japan3.4%
7Global Emerging Markets2.9%
8UK1.2%
9Pacific ex-Japan0.8%
Industry sector
No data available.
Asset type
1Global Government Fixed Interest36.5%
2Global Corporate Fixed Interest32%
3US Equities8.4%
4Money Market6%
5European Equities4.8%
6Property4%
7Japanese Equities3.4%
8Global Emerging Market Equities2.9%
9UK Equities1.2%
Individual holdings
1HSBC CORPORATE BOND RET INC32%
2HSBC AMERICAN INDEX8.4%
3HSBC EUROPEAN INDEX4.8%
4UNITED STATES TREASURY NOTE/BOND 1.75% 30/09/20194.3%
5HSBC FTSE EPRA/NAREIT DEVELOPED ETF4%
6UNITED STATES OF AMER TREAS NOTES 1.5% NTS 31/05/19 USD1003.6%
7HSBC JAPAN INDEX3.4%
8ISHARES CORE MSCI EMERGING MARKETS2.9%
9US TREASURY 2% 31/08/212.9%
Management
Fund manager group
HSBC
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund objective
The fund seeks to provide capital growth through cautious investment in a broad range of asset classes across global markets, with a bias towards fixed interest securities. The fund will invest mainly in collective investment schemes, exchange traded funds and, where appropriate, direct investment into certain other assets. The collective investment schemes and exchange traded funds are those that will aim to match the return of market indices and shall, in turn, invest in fixed income securities, equities, commodities, private equity and property that make up the relevant index. The ACD will use direct investment in assets where, in its opinion, an asset class can be adequately replicated with a relatively low number of instruments. Typically the Fund shall have a bias towards assets that focus on fixed interest securities. The ACD may also invest, at its discretion, in other collective investment schemes, transferable securities, money market instruments, deposits, cash and near cash. On giving 60 days' notice to Shareholders, the Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes however, it is envisaged that the use of such instruments in this way will not affect the overall risk profile of the Fund.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Jim Dunsford01/01/2016
Caroline Margaret Hitch16/10/2011Caroline is Head of Wealth Portfolio Management - Retail for the London based UK Wealth team. She is responsible for a wide range of investment activities focussed on developing managing and reporting on the department's retail multi asset products including the flagship World Selection portfolios. Caroline re-joined HSBC in 2005 and has many years of investment experience gained through portfolio management for both institutional and retail clients and has also run a number of change management projects related to optimising investment processes. After graduating from Cambridge University with a degree in Economics Caroline joined James Capel & Co in London. Subsequently she has lived and worked in a number of other locations including the Channel Islands and Hong Kong and has been extensively involved with the activities of the investment teams in Europe and North America. Her career includes 10 years managing specialist fixed interest portfolios for central banks and other institutional clients.
Beverley Jane Davies16/10/2011Jane is a Senior Portfolio Manager and has been managing the World Selection Portfolios and World Index Portfolio ranges since launch. She has been extensively involved in the development of the investment approach used to manage HSBC’s Multi-Asset and Wealth products. Jane has 17 years portfolio management experience with HSBC Group focusing on multi-asset portfolio management and asset allocation. Her previous roles include Head of Global Investment Solutions with responsibility for developing and structuring investment solutions for clients globally including strategic asset allocation modelling and portfolio construction. Prior to that Jane was Head of Multimanager for the UK and Middle East. She joined the Multimanager team at its inception and played a key role in developing both the manager selection process and the portfolio construction process. Prior to that Jane worked within the Tactical Investment Unit of HSBC Global Asset Management focusing on tactical asset allocation and derivatives after being a tutor in Statistical Research Methods with the Institute of Public Administration and Management MBA programme. She joined the asset management industry in 1998.Jane is a qualified Chartered Financial Analyst (CFA) holds the Investment Management Certificate (FSA UK) is a Member of the Society of Technical Analysts (MSTA) and holds a First Class BSc (Hons.) degree in Psychology and Philosophy (University of Leeds).
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
HSBC Global Strategy Cautious Portfolio C Acc
Initial charge-
Annual charge0.1%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1HF
HSBC Global Strategy Cautious Portfolio C Inc
Initial charge-
Annual charge0.1%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.7
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG1HE
HSBC Global Strategy Cautious Portfolio Ret Acc
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.97%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0G7K
HSBC Global Strategy Cautious Portfolio X Ret Acc
Initial charge-
Annual charge0.3%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0G7M
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