Fact sheet: HSBC GIF AsPaXJ Eq HiDv

Fund information

Fund name
HSBC GIF Asia Pacific Ex Japan Equity High Dividend AS USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Sanjiv Duggal
since 01/08/2014
Tianqi Chen
since 01/08/2014
Fund objective
The sub-fund aims to provide dividend yield whilst also maximising total return by investing in a portfolio of Asia-Pacific (excluding Japan) equities.The sub-fund aims to invest in a portfolio that offers a dividend yield above the MSCI AC Asia Pacific ex Japan Net.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, or carry out the larger part of their business activities in Asia-Pacific (excluding Japan) including both developed markets such as OECD countries and Emerging Markets.Investments in Chinese equities include, but are not limited to, China A-shares and China B-shares (and such other securities as may be available) listed on stock exchanges in the People's Republic of China (“PRC”). The sub-fund may directly invest in China A-shares through the Shanghai-Hong Kong Stock Connect, subject to applicable quota limitations. Furthermore, the sub-fund may gain exposure to China A-shares indirectly through China A-shares Access Products (“CAAP”) such as, but not limited to, participation notes linked to China A-shares.The sub-fund may invest up to 30% of its nets assets in China A-shares through the Shanghai-Hong Kong Stock Connect and up to 30% of its net assets in CAAPs. The sub-fund's maximum exposure to China A-shares (through the Shanghai-Hong Kong Stock Connect or CAAP) and China B-shares is 50% of its net assets. The sub-fund will not invest more than 10% of its net assets in CAAPs issued by any single issuer of CAAPs.The sub-fund normally invests across a range of market capitalisations without any capitalisation restriction.The sub-fund may invest up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other sub-funds of HSBC Global Investment Funds).The sub-fund may use financial derivative instruments for hedging and cash flow management (for example, Equitisation). However, the sub-fund will not use financial derivative instruments extensively for investment purposes. The financial derivative instruments the sub-fund is permitted to use include, but are not limited to, futures and foreign exchange forwards (including non-deliverable forwards). Financial derivative instruments may also be embedded in other instruments in which the sub-fund may invest.
Benchmark
No Specified Index
Investment style
None
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

24.85 %

1 Year rank in sector

67/181

Sector

FO Equity - Asia Pacific ex Japan

Yield
-
Fund size

£ 241.9 m

FE Risk score

122

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    24.61%
  • Australia
    16.21%
  • Taiwan
    15.8%
  • Hong Kong
    13.17%
  • Korea
    12.43%
  • Financials
    30.6%
  • Information Technology
    27.39%
  • Materials
    8.21%
  • Consumer Staples
    8.05%
  • Telecommunications Utilities
    8.03%
  • Chinese Equities
    24.61%
  • Australian Equities
    16.21%
  • Taiwanese Equities
    15.8%
  • Hong Kong Equities
    13.17%
  • South Korean Equities
    12.43%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund2.57 %14.08 %24.85 %24.79 %34.86 %
Sector2.9 %13.43 %21.5 %29.11 %44.26 %
Rank within sector116 / 18487 / 18367 / 181106 / 16096 / 130
Quartile th3 rd2 nd2 nd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund29.34 %9.68 %-10.75 %0.9 %1.33 %
Sector27.43 %6.44 %-6.76 %5.52 %3.31 %
Rank within sector83 / 18247 / 168135 / 160129 / 15295 / 138
Quartile th2 nd2 nd4 th4 th3 rd

Risk statistics

Alpha-0.8
Beta1.05
Sharpe0.17
Volatility13.83
Tracking error3.45
Information ratio-0.17
R-Squared0.94

Price movement

52 week high19.687
52 week low15.253
Current bid price0
Current offer price0
Current mid price19.682

Holdings by region

  • 24.61% China
  • 16.21% Australia
  • 15.8% Taiwan
  • 13.17% Hong Kong
  • 12.43% Korea
  • 7.45% India
  • 3.44% Indonesia
  • 2.48% Singapore
  • 2.27% Money Market
  • 1.43% New Zealand

Holdings by sector

  • 30.6% Financials
  • 27.39% Information Technology
  • 8.21% Materials
  • 8.05% Consumer Staples
  • 8.03% Telecommunications Utilities
  • 5.42% Energy
  • 3.31% Real Estate
  • 2.93% Industrials
  • 2.27% Money Market
  • 2.09% Consumer Discretionary

Holdings by asset type

  • 24.61% Chinese Equities
  • 16.21% Australian Equities
  • 15.8% Taiwanese Equities
  • 13.17% Hong Kong Equities
  • 12.43% South Korean Equities
  • 7.45% Indian Equities
  • 3.44% Indonesian Equities
  • 2.48% Singapore Equities
  • 2.27% Money Market
  • 1.43% New Zealand Equities

Individual holdings

  • 6.17% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 5.52% TENCENT HLDGS LTD
  • 4.86% SAMSUNG ELECTRONICS CO
  • 3.98% BHP BILLITON LTD
  • 3.5% AUSTRALIA (COMMONWEALTH BANK OF)
  • 3.35% KB FINANCIAL GROUP INC
  • 3.23% CHINA CONSTRUCTION BANK
  • 3.15% INDUSTRIAL & COM BK CHINA
  • 3.11% BOC HONG KONG(HLDGS)
  • 2.93% SESA GOA LTD