Fact sheet: HSBC Corporate Bond

Fund information

Fund name
HSBC Corporate Bond C Acc
Fund company manager
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund manager(s)
Mohamed Imtiaz Siddeeq
since 01/05/2012
Fund objective
The fund seeks to provide a regular and competitive level of income from an underlying portfolio of predominantly Sterling Corporate Bonds. The fund will invest predominantly in corporate bonds and other fixed interest securities. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes. The Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes. However, where derivatives are used for the purposes of meeting the investment objective of the fund it is not intended that the use of derivatives would raise the overall risk profile of the fund.
Benchmark
iBoxx Sterling Corporates Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

3.42 %

1 Year rank in sector

44/92

Sector

UT Sterling Corporate Bond

Yield

3.4

Fund size

£ 1.2 b

FE Risk score

43

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Long dated bonds
    41.39%
  • Medium dated bonds
    29.83%
  • Short dated bonds
    18.79%
  • Very short dated bonds
    9.99%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.63 %1.41 %3.42 %18.26 %31.5 %
Sector0.49 %1.33 %3.47 %15.86 %26.77 %
Rank within sector30 / 9740 / 9744 / 9226 / 8522 / 70
Quartile th2 nd2 nd2 nd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund3.86 %10.94 %-0.16 %11.43 %0.77 %
Sector3.83 %9.08 %-0.3 %10.06 %0.21 %
Rank within sector43 / 9515 / 8852 / 8627 / 8239 / 76
Quartile th2 nd1 st3 rd2 nd3 rd

Risk statistics

Alpha-0.39
Beta1.22
Sharpe0.34
Volatility6.69
Tracking error1.51
Information ratio0.43
R-Squared0.98

Price movement

52 week high291.6
52 week low269.9
Current bid price0
Current offer price0
Current mid price287.6

Holdings by region

-

Holdings by sector

  • 41.39% Long dated bonds
  • 29.83% Medium dated bonds
  • 18.79% Short dated bonds
  • 9.99% Very short dated bonds

Holdings by asset type

-

Individual holdings

  • 1.42% HM TREASURY UNITED KINGDOM DMO 4.5% GILT 7/9/2034 GBP0.01
  • 1.02% DEUTSCHE BANK AG 1.875% BDS 28/02/20 GBP1000000
  • 1.01% FIDIS RETAIL FIN SERV 1.625 9/29/2021
  • 0.99% HM TREASURY UNITED KINGDOM DMO 3.5% GILT 22/01/45 GBP
  • 0.97% BG ENERGY CAPITAL PLC 6.500 11/30/2017
  • 0.97% E.ON AG 6.375 6/7/2032
  • 0.96% THAMES WATER UTILITIES CAYMAN FIN 4% GTD UNWRAPPED BDS 19/06/25 GBP100000
  • 0.95% AT&T INC 5.15% BDS 14/02/50 USD2000
  • 0.86% ELECTRICITE DE FRANCE 5.875% PERP 22/01/2029
  • 0.86% WELLS FARGO & CO 2.125% NTS 20/12/23 GBP100000