Fact sheet: HSBC GIF Chinese Eq

Fund information

Fund name
HSBC GIF Chinese Equity AC NAV USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Mandy Chan
since 01/02/2011
Fund objective
The sub-fund aims to provide long term capital growth by investing in a portfolio of Chinese 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 the People's Republic of China ("China"), including Hong Kong SAR.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 50% of its nets assets in China A-shares through the Shanghai-Hong Kong Stock Connect and up to 50% 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 70% 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 China 10/40 Index
Investment style
None
Investment method
Shares

Quick stats

1 Year return

34 %

1 Year rank in sector

-

Sector

FO Equity - China

Yield
-
Fund size

£ 1.6 b

FE Risk score

178

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Information Technology
    31.64%
  • Financials
    23.33%
  • Consumer Discretionary
    15.27%
  • Real Estate
    6.19%
  • Energy
    5.35%
  • Chinese Equities
    92.81%
  • Property
    6.19%
  • Money Market
    1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.39 %30.02 %34 %51.06 %0 %
Sector2.51 %22.82 %28 %45.99 %71.38 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund44.83 %-1.73 %-6.49 %0 %0 %
Sector35.86 %-2.08 %0.88 %8.41 %11.49 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha1.71
Beta1.04
Sharpe0.47
Volatility21.84
Tracking error6.72
Information ratio0.28
R-Squared0.91

Price movement

52 week high122.086
52 week low80.217
Current bid price0
Current offer price0
Current mid price119.036

Holdings by region

-

Holdings by sector

  • 31.64% Information Technology
  • 23.33% Financials
  • 15.27% Consumer Discretionary
  • 6.19% Real Estate
  • 5.35% Energy
  • 4.85% Materials
  • 4% Telecommunications Utilities
  • 2.94% Consumer Staples
  • 2.22% Health Care
  • 1.66% Utilities

Holdings by asset type

  • 92.81% Chinese Equities
  • 6.19% Property
  • 1% Money Market

Individual holdings

  • 9.81% ALIBABA GROUP HLDG LTD
  • 9.74% TENCENT HLDGS LTD
  • 5.37% CHINA CONSTRUCTION BANK
  • 4.78% PING AN INSURANCE(GR)CO OF CHINA
  • 4.52% BANK OF CHINA LTD
  • 3.65% TAL EDUCATION GROUP
  • 3.53% BAIDU INC
  • 3.44% CNOOC
  • 3.42% INDUSTRIAL & COM BK CHINA
  • 3.34% CHINA MOBILE LTD