Fact sheet: HSBC GIF $ Bd

Fund information

Fund name
HSBC GIF US Dollar Bond PD USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Kate Morrissey
since 01/02/2016
Fund objective
The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other simila securities from around the world, denominated in US dollars. The sub-fund will seek to invest primarily in securities issued in developed markets such as the OECD countries. The sub-fund may invest significantly (up to 50% of its net assets) in Asset Backed Securities ("ABS") and Mortgage Backed Securities ("MBS"), including those backed by the government of the United States of America. The sub-fund may also invest in financial derivative instruments such as futures, options, swaps (including, but not limited to, credit default swaps and Total Return Swaps) and forward currency contracts. The sub-fund intends to use such financial derivative instruments, inter alia, for the purposes of managing interest and credit risks and currency positioning but also to enhance return when the Investment Adviser believes the investment in financial derivative instruments will assist the sub-fund in achieving its investment objectives.The sub-fund may invest up to 10% of its net assets in contingent convertible securities, however this is not expected to exceed 5%.
Benchmark
Barclays US Aggregate Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

2.7 %

1 Year rank in sector

22/38

Sector

FO Fixed Int - USD Investment Grade

Yield
-
Fund size

£ 101.1 m

FE Risk score

88

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0 %0.86 %2.7 %4.88 %7.33 %
Sector0 %0.89 %2.96 %6.43 %11.84 %
Rank within sector22 / 3921 / 3922 / 3822 / 3219 / 29
Quartile th3 rd3 rd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund2.81 %1.5 %-0.33 %5.59 %-2.26 %
Sector2.83 %3.82 %-0.74 %5.96 %-1.08 %
Rank within sector23 / 3927 / 3417 / 3215 / 3120 / 31
Quartile th3 rd4 th3 rd2 nd3 rd

Risk statistics

Alpha-0.16
Beta0.88
Sharpe-0
Volatility2.7
Tracking error1.4
Information ratio-0.3
R-Squared0.74

Price movement

52 week high10.902
52 week low10.528
Current bid price0
Current offer price0
Current mid price10.753

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 10.85% UNITED STATES OF AMER TREAS NOTES 3.75% TB 15/11/18 USD1000
  • 7.84% UNITED STATES OF AMER TREAS NOTES 3.125% TB 15/05/21 USD100
  • 6.24% US TREASURY N/B 1.7500 15-MAY-23
  • 5.76% US TREASURY N/B 3.1250 15-MAY-19
  • 3.75% US TREASURY BILL 0.000 12/21/2017
  • 3.6% UNITED STATES OF AMER TREAS NOTES 1.25% TB 31/12/18 USD100
  • 3.28% HSBC US DOLLAR LIQUIDITY Y
  • 3.27% FNMA 30YR (NOV ISSUE) 3% TBA 13/11/2017 (30YR)
  • 2.97% FREDDIE MAC 5.1250 17-NOV-17
  • 2.97% GNMA 30YR (NOV ISSUE) 3.5% TBA 20/11/2017 (30YR)