Fact sheet: HSBC Idx Lkd Gilt Index

Fund information
Fund name
HSBC Index Linked Gilt Index C Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund manager
  • HSBC Global Asset Management (UK) Ltd.since 14/07/2016
Fund objective
To match the return of the FTSE Actuaries UK Index-Linked Gilts All Stocks Index. To invest in all or most of the index-linked gilts issued by the Government of the United Kingdom that make up the FTSE Actuaries UK Index-Linked Gilts All Stocks Index. The fund may also invest in other gilts issued by the Government of the United Kingdom that are not part of the FTSE Actuaries UK Index-Linked Gilts All Stocks Index.The fund may invest in financial derivative instruments for hedging purposes and cash flow management with a level of risk that is consistent with the overall risk profile of the fund. The fund does not intend to use financial derivative instruments extensively. The fund may hold cash and collective investment schemes to manage day-to-day cash flow requirements.
Benchmark
  • FTSE Actuaries UK Index-Linked Gilts All Stocks Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT UK Index - Linked Gilts
Yield
0.1%
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
£10m (£10m last year)
Mid price
101.9
Top in this sector
Fund name1 Year
Insight UK Index Linked Bond18.2%
Blackrock Inst Bd Idx Lkd17.3%
BlackRock Idx Lnkd Gilt Trckr17.3%
Newton Index Linked Gilt17.3%
AXA Sterling Idx Linked Bd17.3%
...more in UT UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.4%-8.1%----
Sector-4%-5.6%15.2%18%38.4%45.3%
Rank within sector12 / 2111 / 21----
Quartile3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector20.9%-1.2%18%-0.3%0.2%
Rank within sector-----
Quartile
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 high113.5
52 week low98.73
Current bid price-
Current offer price-
Current mid price101.9
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
HSBC
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund objective
To match the return of the FTSE Actuaries UK Index-Linked Gilts All Stocks Index. To invest in all or most of the index-linked gilts issued by the Government of the United Kingdom that make up the FTSE Actuaries UK Index-Linked Gilts All Stocks Index. The fund may also invest in other gilts issued by the Government of the United Kingdom that are not part of the FTSE Actuaries UK Index-Linked Gilts All Stocks Index.The fund may invest in financial derivative instruments for hedging purposes and cash flow management with a level of risk that is consistent with the overall risk profile of the fund. The fund does not intend to use financial derivative instruments extensively. The fund may hold cash and collective investment schemes to manage day-to-day cash flow requirements.
Benchmark
  • FTSE Actuaries UK Index-Linked Gilts All Stocks Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
HSBC Global Asset Management (UK) Ltd.14/07/2016
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
HSBC Index Linked Gilt Index C Acc
Initial charge-
Annual charge0.12%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN8FU
HSBC Index Linked Gilt Index C Inc
Initial charge-
Annual charge0.12%
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 price101.6
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN8FT
HSBC Index Linked Gilt Index Institutional Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN8FW
HSBC Index Linked Gilt Index Institutional Inc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.6
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN8FV
Data provided by

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