Fact sheet: HSBC UK Freestyle

Fund information
Fund name
HSBC UK Freestyle Ret Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund managers
  • Oliver Nils Gottliebsince 14/02/2013
Fund objective
The fund seeks to provide long term capital growth and income by investing in a concentrated portfolio of predominantly UK equities. The fund will invest in a concentrated portfolio of predominantly UK equities, with target delivery of absolute performance regardless of the prevailing market conditions. Stocks are selected regardless of their inclusion in market indices so there are no benchmark constraints. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
15.3%
1 Year rank in sector
236/276
Sector
UT UK All Companies
Yield
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.
1.66%
Fund size
£57m (£63m 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.
87
Mid price
197.7
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry65.5%
R&M UK Equity Long Term Recovery40.2%
UBS UK Opportunities39.1%
M&G Recovery37.3%
VT The Beagle37%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK88.6%
    France4.5%
    Ireland3.7%
    Money Market3.2%
  • Financials18.5%
    Industrials15.7%
    Consumer Services12.8%
    Consumer Goods12.1%
    Oil & Gas11%
  • UK Equities88.6%
    French Equities4.5%
    Irish Equities3.7%
    Cash & Cash Equivalents3.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%5.2%2.5%15.3%11.3%41.3%
Sector2.2%7.2%7.3%21.1%16.6%57.4%
Rank within sector225 / 285261 / 282259 / 280236 / 276232 / 265232 / 249
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.2%6.8%3.6%-0.6%21.9%
Sector3.3%11.2%3.7%0.6%25.7%
Rank within sector241 / 283209 / 276138 / 268204 / 263180 / 255
Quartile4th4th3rd4th3rd
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.
-1.04
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.
0.97
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.
0.16
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%.
9.71
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.
2.93
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.
-0.42
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.
0.91
Price movement
52 week high198.1
52 week low169
Current bid price-
Current offer price-
Current mid price197.7
Region
1UK88.6%
2France4.51%
3Ireland3.72%
4Money Market3.17%
Industry sector
1Financials18.46%
2Industrials15.67%
3Consumer Services12.83%
4Consumer Goods12.1%
5Oil & Gas10.95%
6Health Care7.5%
7Telecommunications6.84%
8Basic Materials5.07%
9Technology4.26%
Asset type
1UK Equities88.6%
2French Equities4.51%
3Irish Equities3.72%
4Cash & Cash Equivalents3.17%
Individual holdings
1BP5.69%
2GLAXOSMITHKLINE5.48%
3ROYAL DUTCH SHELL5.25%
4HSBC HLDGS4.66%
5COMPASS GROUP4.22%
6LLOYDS BANKING GROUP PLC4%
7BRITISH AMERICAN TOBACCO3.88%
8BARCLAYS PLC3.79%
9CENTRICA PLC3.66%
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 and income by investing in a concentrated portfolio of predominantly UK equities. The fund will invest in a concentrated portfolio of predominantly UK equities, with target delivery of absolute performance regardless of the prevailing market conditions. Stocks are selected regardless of their inclusion in market indices so there are no benchmark constraints. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Oliver Nils Gottlieb14/02/2013Oliver Gottlieb is a fund manager in the Developed Markets Equity team and has been working in the industry since 2004. Prior to joining HSBC in 2008 Oliver worked for HSBC Private Bank as an analyst. Oliver has a BA in Economics from Exeter University and is a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
HSBC UK Freestyle A Inst Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price218.9
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHW20
HSBC UK Freestyle C Acc
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price200.1
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFHG
HSBC UK Freestyle C Inc
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price138
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMFHF
HSBC UK Freestyle Inst Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.4
CurrencyGBX
Price updated24/11/2005
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH096
HSBC UK Freestyle Inst Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price217.1
CurrencyGBX
Price updated13/09/2006
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeH370
HSBC UK Freestyle Ret Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price197.7
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHW21
HSBC UK Freestyle Ret Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.2
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHW22
Data provided by

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