Fact sheet: HSBC Multialpha Sterling Bd

Fund information
Fund name
HSBC Multialpha Sterling Bond AC GBP
Fund manager company
HSBC Bank International Ltd
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The sub-fund invests for total return predominately in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities denominated either in Sterling, or in other currencies and hedged back into Sterling. The sub-fund may also hold Investment Grade rated fixed income (e.g. bonds) and other similar securities denominated in other currencies that are not hedged back into Sterling. The sub-fund will seek to invest primarily in corporate bonds, sovereign, supranational debt and agency bonds, each of which could be issued by UK or non-UK entities. The sub-fund can also invest up to 20% of its total assets in mortgage and asset backed securities. The sub-fund uses a multi-manager approach, relying upon one or more investment sub-advisers to manage portions of the sub-fund's portfolio. The sub-fund may invest no more than 10% of its Net Asset Value in other UCITS and UCIs. Financial derivative instruments may be used for hedging and efficient portfolio management purposes.
Benchmark
No data available.
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
13.7%
1 Year rank in sector
5/20
Sector
FO Fixed Int - GBP
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.
1.2%
Fund size
£0m
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.
38
Top in this sector
Fund name1 Year
Lloyds Sterling Bond14.4%
Barclays Sterling Bond14.4%
Wellington Stg Core Bd Plus14%
GS Sterling Cr Prtf14%
Capital International Strl RolUp14%
...more in FO Fixed Int - GBP

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%6.8%11.1%13.7%27.2%49.8%
Sector-0.9%4.9%8.6%11.1%23.5%37.7%
Rank within sector7 / 205 / 203 / 205 / 207 / 205 / 19
Quartile2nd1st1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund13.8%-0.6%11.9%1%13%
Sector11.4%0.3%10.4%-0.4%6.9%
Rank within sector7 / 2016 / 206 / 207 / 197 / 19
Quartile2nd4th2nd2nd2nd
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.
-0.67
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.
1.22
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.
0.98
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%.
5.57
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.
1.54
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.
0.62
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.
0.95
Price movement
52 week high16.71
52 week low14.41
Current bid price-
Current offer price-
Current mid price16.56
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 Bank International Ltd
Fund type
Offshore Fund
Fund objective
The sub-fund invests for total return predominately in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities denominated either in Sterling, or in other currencies and hedged back into Sterling. The sub-fund may also hold Investment Grade rated fixed income (e.g. bonds) and other similar securities denominated in other currencies that are not hedged back into Sterling. The sub-fund will seek to invest primarily in corporate bonds, sovereign, supranational debt and agency bonds, each of which could be issued by UK or non-UK entities. The sub-fund can also invest up to 20% of its total assets in mortgage and asset backed securities. The sub-fund uses a multi-manager approach, relying upon one or more investment sub-advisers to manage portions of the sub-fund's portfolio. The sub-fund may invest no more than 10% of its Net Asset Value in other UCITS and UCIs. Financial derivative instruments may be used for hedging and efficient portfolio management purposes.
Benchmark
No data available.
Investment style
No data available.
Investment method
None
Fund manager
No data available.
Compliance
Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Bahrain, United Kingdom, Isle of Man, Jersey, Lebanon, Luxembourg, Macau, Offshore, Oman, Qatar, United Arab Emirates
HSBC Multialpha Sterling Bond AC EUR
Initial charge5.54%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price19.21
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKMK1
HSBC Multialpha Sterling Bond AC GBP
Initial charge5.54%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price16.5557
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKMK3
HSBC Multialpha Sterling Bond AC USD
Initial charge5.54%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price21.5
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKMK2
HSBC Multialpha Sterling Bond AD EUR
Initial charge5.54%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price13.12
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3VX
HSBC Multialpha Sterling Bond AD GBP
Initial charge5.54%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price11.3053
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3VZ
HSBC Multialpha Sterling Bond AD USD
Initial charge5.54%
Annual charge0.9%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price14.68
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3VY
HSBC Multialpha Sterling Bond ID EUR
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price14.21
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKTL2
HSBC Multialpha Sterling Bond ID GBP
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price12.2467
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKRU5
HSBC Multialpha Sterling Bond ID USD
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price15.91
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKTL3
HSBC Multialpha Sterling Bond XD EUR
Initial charge5.54%
Annual charge0.47%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price15.13
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIEQ4
HSBC Multialpha Sterling Bond XD GBP
Initial charge5.54%
Annual charge0.47%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price13.0328
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIEQ3
HSBC Multialpha Sterling Bond XD USD
Initial charge5.54%
Annual charge0.47%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price16.93
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIEQ5
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.