Fact sheet: HSBC Global Liquidity Sterling

Fund information
Fund name
HSBC Global Liquidity Sterling B
Fund manager company
HSBC Asset Management (IRL)
Fund type
No data available.
Fund managers
  • Tony Carpentiersince 31/08/2012
  • Philip Walshsince 01/01/2008
Fund objective
To provide investors with security of capital and daily liquidity together with an investment return which is comparable to normal Sterling denominated money market interest rates.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Short Dated Bonds
Quick stats
1 Year return
0.1%
1 Year rank in sector
25/42
Sector
FO Currency - Sterling
Yield
0%
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.
0.4%
Fund size
£6,425m (£5,551m last year)
Top in this sector
Fund name1 Year
Hume Caut MA Stg2.1%
Payden & Rygel Sterling Rsrv1.2%
Aberdeen Liq(L)USDurStg0.9%
Insight ILF GBP Liquidity Plus0.8%
BlackRock ICS InstStgUl SBd0.6%
...more in FO Currency - Sterling

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0%0.1%0.3%0.6%
Sector0%0%0.1%0.5%1.2%2.2%
Rank within sector32 / 4630 / 4628 / 4425 / 4225 / 3822 / 31
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.1%0.1%0.1%0.1%0.2%
Sector0.3%0.6%0.3%0.3%0.6%
Rank within sector24 / 4226 / 3926 / 3726 / 3718 / 30
Quartile3rd3rd3rd3rd3rd
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.
0.11
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.
0.01
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%.
0.01
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.
0.18
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.
-1.43
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.
0.03
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Money Market100%
Industry sector
1Cash Deposits59.4%
2Commercial Paper31.8%
3Fixed Interest8.8%
Asset type
1Money Market100%
Individual holdings
1GROUP BPCE SA5.6%
2SUMITOMO MITSUI BANKING CORP5.5%
3ING GROEP N.V.4.5%
4ERSTE ABWICKLUNGSANSTALT4.2%
5BNP PARIBAS4.1%
6GERMANY (REPUBLIC OF)3.9%
7SUMITOMO MITSUI TRUST BANK LTD PERP SUB NOTES USD100000 `144A`3.9%
8NORDEA BANK AB3%
9TORONTO-DOMINION BANK2.9%
Management
Fund manager group
HSBC
Fund manager company
HSBC Asset Management (IRL)
Fund type
No data available.
Fund objective
To provide investors with security of capital and daily liquidity together with an investment return which is comparable to normal Sterling denominated money market interest rates.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Short Dated Bonds
Fund managers
NameSinceBiography
Tony Carpentier31/08/2012Tony Carpentier (Paris) is a fund manager in the euro fund management team and has been working in the industry since 2001. Tony is in charge of fixed income funds and specialises in euro money market funds. Prior to his current role, Tony worked as fixed income trader dealing in bonds, derivatives and foreign exchange during four years and fund manager's assistant in charge of the settlement and treasury of HSBC funds. Tony holds a Master's degree in Finance from ESC Dijon Business School
Philip Walsh01/01/2008Philip Walsh (Paris) is a fund manager in the euro management team and has been working in the industry since 1988. Philip is specialised on sterling-denominated money market funds. Prior to his current role, Philip worked as head of project management during three years and as head of Market Data Team during six years both in HSBC Investments' Middle Office. Philip started his career working for Dun and Bradstreet as a business analyst in 1988 and for a reinsurance company as a client relationship manager. Philip holds a BAin Economics and Law from the University of Limerick (Ireland).
Compliance
Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Germany, Denmark, Finland, France, United Kingdom, Isle of Man, Ireland, Italy, Netherlands, Norway, Offshore, Singapore, Sweden
HSBC Global Liquidity Sterling A
Initial charge5%
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHJ24
HSBC Global Liquidity Sterling B
Initial charge5%
Annual charge0.4%
Min single investment£10,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHJ26
HSBC Global Liquidity Sterling C
Initial charge5%
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1.3965
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHJ28
HSBC Global Liquidity Sterling D
Initial charge5%
Annual charge0.4%
Min single investment£10,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1.3559
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHJ29
Data provided by

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