Fact sheet: HSBC Japan Index

Fund information
Fund name
HSBC Japan Index C Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund manager
  • HSBC Global Asset Management (UK) Ltd.since 14/01/1994
Fund objective
The fund seeks to provide long term capital growth by matching the return of the FTSE Japan index. The fund will invest in companies that make up the FTSE Japan index. The ACD reserves the right to exercise the full powers of the fund in relation to borrowing and efficient portfolio management as and when it considers that the circumstances which then exist make it appropriate to do so. The scheme property may also not consist of the exact composition and weighting of the underlying in the index in circumstances where the ACD determines that this is expedient for reasons of poor liquidity or excessive cost to the fund.
Benchmark
  • FTSE Japan
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Quick stats
1 Year return
20.3%
1 Year rank in sector
28/47
Sector
UT Japan
Yield
1.3%
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.
0.21%
Fund size
£1,356m (£436m 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.
124
Mid price
105.9
Top in this sector
Fund name1 Year
Legg Mason IFJaEq31.5%
Baillie Gifford Japanese30.5%
Henderson Japan Opportunities30.2%
Neptune Jap Inst28.3%
Man GLG Japan Core Alpha27.4%
...more in UT Japan

Performance snapshot

Holdings snapshot

  • Japan97.8%
    Money Market2.3%
  • Consumer Goods24.9%
    Industrials21.2%
    Financials15.2%
    Consumer Services10.8%
    Health Care7.5%
  • Japanese Equities97.8%
    Money Market2.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.2%6%20.8%20.3%41.6%83.1%
Sector-5%6.7%20.5%21.6%41.1%85.3%
Rank within sector28 / 4928 / 4923 / 4728 / 4722 / 4222 / 39
Quartile3rd3rd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund19.7%15.9%2.4%23.7%3.8%
Sector21.1%15.8%0.8%26.2%3.3%
Rank within sector26 / 4721 / 4412 / 4225 / 3916 / 39
Quartile3rd2nd2nd3rd2nd
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.
0.06
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.
1.03
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.
0.83
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%.
13.12
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.
2.08
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.
0.19
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.
0.97
Price movement
52 week high112.1
52 week low74.23
Current bid price-
Current offer price-
Current mid price105.9
Region
1Japan97.75%
2Money Market2.25%
Industry sector
1Consumer Goods24.92%
2Industrials21.17%
3Financials15.24%
4Consumer Services10.84%
5Health Care7.46%
6Basic Materials5.94%
7Telecommunications4.71%
8Technology4.61%
9Money Market2.25%
Asset type
1Japanese Equities97.75%
2Money Market2.25%
Individual holdings
1TOYOTA MOTOR CORP4.76%
2MITSUBISHI UFJ FINANCIAL GROUP2.12%
3KDDI CORP1.7%
4SOFTBANK GROUP CORP1.63%
5HONDA MOTOR CO1.62%
6JAPAN TOBACCO INC1.37%
7SUMITOMO MITSUI FINANCIAL GROUP INC1.36%
8MIZUHO FINANCIAL GROUP1.27%
9SONY CORP1.21%
Management
Fund manager group
HSBC
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund objective
The fund seeks to provide long term capital growth by matching the return of the FTSE Japan index. The fund will invest in companies that make up the FTSE Japan index. The ACD reserves the right to exercise the full powers of the fund in relation to borrowing and efficient portfolio management as and when it considers that the circumstances which then exist make it appropriate to do so. The scheme property may also not consist of the exact composition and weighting of the underlying in the index in circumstances where the ACD determines that this is expedient for reasons of poor liquidity or excessive cost to the fund.
Benchmark
  • FTSE Japan
Investment style
Passive/Tracking,Growth
Investment method
Physical - Full, Shares
Fund manager
NameSinceBiography
HSBC Global Asset Management (UK) Ltd.14/01/1994
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong
HSBC Japan Index A Inst Acc
Initial charge-
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH413
HSBC Japan Index C Acc
Initial charge-
Annual charge0.1%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG19G
HSBC Japan Index C Inc
Initial charge-
Annual charge0.1%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.06
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG19F
HSBC Japan Index Inst Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeZP23
HSBC Japan Index Inst Inc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE2CX
HSBC Japan Index Ret Acc
Initial charge-
Annual charge0.25%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHC52
HSBC Japan Index Ret Inc
Initial charge-
Annual charge0.25%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.41
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCJ10
HSBC Japan Index Z Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price62.02
CurrencyGBX
Price updated21/01/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWGP
Data provided by

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