Fact sheet: HSBC GIF AsiaExJapan Eq

Fund information

Fund name
HSBC GIF Asia Ex Japan Equity AD USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager
Siu Yuen Ferdinand Cheuk
since 01/11/2014
Fund objective
The sub-fund aims to provide long term capital growth by investing in a portfolio of Asian (excluding Japanese) equities.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 (excluding Japan), in 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
MSCI Asia Pacific ex Japan
Investment style
None
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

25.25 %

1 Year rank in sector

29/179

Sector

FO Equity - Asia Pacific ex Japan

Yield
-
Fund size

£ 388.2 m

FE Risk score

133

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    27.01%
  • Korea
    17.47%
  • India
    14.12%
  • Hong Kong
    13.29%
  • Taiwan
    11.4%
  • Information Technology
    29.62%
  • Financials
    20.73%
  • Industrials
    8.2%
  • Consumer Discretionary
    7.8%
  • Telecommunications Utilities
    7.68%
  • Chinese Equities
    27.01%
  • South Korean Equities
    17.47%
  • Indian Equities
    14.12%
  • Hong Kong Equities
    13.29%
  • Taiwanese Equities
    11.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.62 %14.68 %25.25 %26.79 %44.11 %
Sector2.92 %11.35 %18.41 %19.35 %43.11 %
Rank within sector37 / 18262 / 18129 / 17956 / 15877 / 127
Quartile th1 st2 nd1 st2 nd3 rd

Calendar performance

YTD-20172016201520142013
Fund34.19 %8.29 %-9.11 %6.89 %-2.84 %
Sector24.66 %6.44 %-6.76 %5.52 %3.31 %
Rank within sector36 / 18054 / 166116 / 15967 / 151120 / 137
Quartile th1 st2 nd3 rd2 nd4 th

Risk statistics

Alpha0.47
Beta1.25
Sharpe0.19
Volatility16.7
Tracking error4.63
Information ratio0.31
R-Squared0.96

Price movement

52 week high61.339
52 week low44.979
Current bid price0
Current offer price0
Current mid price61.054

Holdings by region

  • 27.01% China
  • 17.47% Korea
  • 14.12% India
  • 13.29% Hong Kong
  • 11.4% Taiwan
  • 7.37% Singapore
  • 3.79% Indonesia
  • 3% Money Market
  • 2.14% Malaysia
  • 0.41% Philippines

Holdings by sector

  • 29.62% Information Technology
  • 20.73% Financials
  • 8.2% Industrials
  • 7.8% Consumer Discretionary
  • 7.68% Telecommunications Utilities
  • 5.05% Health Care
  • 5.03% Materials
  • 4.48% Energy
  • 3.83% Consumer Staples
  • 3.25% Utilities

Holdings by asset type

  • 27.01% Chinese Equities
  • 17.47% South Korean Equities
  • 14.12% Indian Equities
  • 13.29% Hong Kong Equities
  • 11.4% Taiwanese Equities
  • 7.37% Singapore Equities
  • 3.79% Indonesian Equities
  • 3% Money Market
  • 2.14% Malaysian Equities
  • 0.41% Philippine Equities

Individual holdings

  • 5.98% TENCENT HLDGS LTD
  • 5.65% TAIWAN SEMICONDUCTOR MANUFACTURING
  • 4.85% SAMSUNG ELECTRONICS CO
  • 3.72% AIA GROUP LTD
  • 2.87% CHINA LIFE INSURANCE CO
  • 2.67% ALIBABA GROUP HLDG LTD
  • 2.66% SK HYNIX INC
  • 2.63% CHINA MOBILE LTD
  • 2.54% BOC HONG KONG(HLDGS)
  • 2.08% SESA GOA LTD