Fact sheet: HSBC GIF Chn Cnsmr Ops

Fund information

Fund name
HSBC GIF China Consumer Opportunities AC USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Angus Parker
since 31/10/2013
Fund objective
The sub-fund aims to provide long term total return by investing in a portfolio of equities of companies positioned to benefit from growth in the consumer economy in China.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of mid to large cap companies which are domiciled in, based in, or carry out business activities in, any country including both developed markets, such as OECD countries, and Emerging Markets.The reference to "mid to large cap" generally refers to companies in the top 85% of each market by free-float adjusted market capitalisation. Such percentage may differ from market to market and may be subject to change from time to time.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 20% 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 30% 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 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 AC World
Investment style
None
Investment method
Shares

Quick stats

1 Year return

27.1 %

1 Year rank in sector

7/40

Sector

FO Equity - Other Specialist

Yield
-
Fund size

£ 51.8 m

FE Risk score

107

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Information Technology
    21.01%
  • Financials
    14.19%
  • Consumer Staples
    12.22%
  • Consumer Discretionary
    11.04%
  • Materials
    11.04%
  • Chinese Equities
    95.56%
  • Money Market
    4.44%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.18 %16.29 %27.17 %26.06 %44.92 %
Sector1.32 %4.95 %13.95 %25.57 %43.57 %
Rank within sector17 / 442 / 447 / 4019 / 3413 / 23
Quartile th2 nd1 st1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund27.68 %2.58 %-9.28 %-1.94 %19.01 %
Sector14.74 %4.95 %-1.94 %8.4 %11.02 %
Rank within sector6 / 4126 / 3730 / 3628 / 327 / 26
Quartile th1 st3 rd4 th4 th2 nd

Risk statistics

Alpha-1.03
Beta1.25
Sharpe0.2
Volatility13.09
Tracking error7.33
Information ratio0.01
R-Squared0.71

Price movement

52 week high17.697
52 week low13.278
Current bid price0
Current offer price0
Current mid price17.559

Holdings by region

-

Holdings by sector

  • 21.01% Information Technology
  • 14.19% Financials
  • 12.22% Consumer Staples
  • 11.04% Consumer Discretionary
  • 11.04% Materials
  • 9.89% Industrials
  • 6.4% Energy
  • 4.69% Health Care
  • 4.44% Money Market
  • 2.47% Telecommunications Utilities

Holdings by asset type

  • 95.56% Chinese Equities
  • 4.44% Money Market

Individual holdings

  • 2.75% CITIGROUP INC
  • 2.75% JULIUS BAER GROUP LTD
  • 2.63% UNILEVER PLC
  • 2.59% LEGRAND SFI SA
  • 2.58% LVMH MOET HENNESSY VUITTON SE
  • 2.55% HSBC HOLDINGS PLC
  • 2.54% BP PLC
  • 2.52% ALIBABA GROUP HLDG LTD
  • 2.51% DIAGEO PLC
  • 2.51% SAMSONITE INTL SA