Fact sheet: HSBC Euro Liquidity

Fund information

Fund name
HSBC Euro Liquidity E
Fund company manager
HSBC Asset Management (IRL)
Fund type
SIB
Fund manager(s)
Philip Walsh
since 01/09/2012
Sophie Nguyen
since 11/05/2001
Florent Vassord
since 01/06/2007
Fund objective
To provide security of capital, and a return that is similar to euro-denominated money markets. However, there can be no assurance that the fund will be able to attain the objective of capital preservation or return. The fund invests in a diversified portfolio of money-market debt instruments issued by companies and governments. The instruments are deemed short term because they mature in 397 days or less. The fund will invest in both fixed-rate and floating rate instruments. The fund’s weighted average portfolio maturity will not exceed 60 days, while its weighted average portfolio life will not exceed 120 days. The fund’s instruments will, at the time of purchase, have a credit rating of least A-1 or P-1 (or its equivalent) from a recognised credit rating agency. The fund can invest in various short-term instruments. The fund can also invest in bankers’ acceptances, government bonds and bills, Eurobonds, asset-backed securities and corporate bonds – if the investment manager deems them to be of an appropriate credit quality. The fund only invests in assets that are denominated in (or hedged back into) euros. See the Prospectus for a full description of the investment objectives and derivative usage.
Benchmark
No Specified Index
Investment style
Liquidity
Investment method
None

Quick stats

1 Year return

-0.25 %

1 Year rank in sector

-

Sector

FO Currency - Euro

Yield

-0.469

Fund size

£ 6.5 b

FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    100%
  • Cash Deposits
    54.26%
  • Commercial Paper
    20.46%
  • Floating Rate Notes
    20.31%
  • Fixed Interest
    4.33%
  • Others
    0.54%
  • Money Market
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.03 %-0.16 %-0.25 %0 %0 %
Sector-0.1 %-0.51 %-1.05 %-1.66 %-1.57 %
Rank within sector8 / 5514 / 52 / / /
Quartile th1 st2 nd th th th

Calendar performance

YTD-20182017201620152014
Fund-0.05 %0 %0 %0 %0 %
Sector-0.11 %-1.1 %-0.4 %-0.07 %0.15 %
Rank within sector12 / 54 / / / /
Quartile th1 st th th th th

Price movement

52 week high1
52 week low1
Current bid price0
Current offer price0
Current mid price1

Holdings by region

  • 100% Money Market

Holdings by sector

  • 54.26% Cash Deposits
  • 20.46% Commercial Paper
  • 20.31% Floating Rate Notes
  • 4.33% Fixed Interest
  • 0.54% Others
  • 0.1% Government Bonds

Holdings by asset type

  • 100% Money Market

Individual holdings

  • 9.98% HSBC HOLDINGS PLC
  • 9.55% KBC GROEP
  • 5.57% BRED BANQUE POPULAIRE
  • 4.86% BNP PARIBAS
  • 4.33% CIC FUNDING
  • 3.22% NORDEA BANK AB
  • 3.17% UBS AG
  • 2.95% BANK OF CHINA LTD
  • 2.47% BANQUE FEDERALE MUTUALISTE
  • 2.35% SVENSKA HANDELSBANKEN