Fact sheet: HSBC GIF EconScInxGlbEq

Fund information

Fund name
HSBC GIF Economic Scale Index Global Equity AD USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
HSBC Passive Equity Management Team
since 01/01/2016
Fund objective
The sub-fund aims to track the HSBC Economic Scale Index World (the "Global Index") by investing in securities that are included in the Global Index. The sub-fund will use a Full Replication strategy to track the Global Index. The Investment Adviser may also decide to employ a strategy of Optimised Replication in specific circumstances, including but not limited to where the size of the sub-fund is too small or falls below a threshold and it is not cost effective to adopt a fully replicated strategy or where there are market disruption events (i.e. market access issues). The Optimised Replication strategy involves the acquisition of a subset of the component securities of the Global Index and possibly of some securities that are not included in the Global Index that are designed to help the subfund track the performance of the Global Index. The sub-fund does not intend to enter into any securities lending, repurchase or reverse repurchase transactions or similar over the counter transactions. The sub-fund does not intend to use financial derivative instruments extensively for investment purpose. However, the sub-fund may also invest in financial derivative instruments for hedging purposes and cash flow management (i.e. equitisation). Where the sub-fund may be restricted to invest in certain component securities of the Global Index, due to HSBC Group and/or local regulator restrictions, the sub-fund may use financial derivative instruments (e.g. contracts for difference) to achieve exposure to such components.
Benchmark
HSBC Economic Scale World
Investment style
Passive/Tracking
Investment method
Shares,Physical - Full

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

22.38 %

1 Year rank in sector

72/476

Sector

FO Equity - International

Yield
-
Fund size

£ 167.3 m

FE Risk score

106

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    44.68%
  • Japan
    12.73%
  • Others
    8.45%
  • UK
    8.04%
  • Germany
    6.94%
  • Financials
    17.13%
  • Industrials
    16.99%
  • Consumer Discretionary
    15.33%
  • Consumer Staples
    9.37%
  • Information Technology
    9.11%
  • US Equities
    44.68%
  • Japanese Equities
    12.73%
  • International Equities
    8.45%
  • UK Equities
    8.04%
  • German Equities
    6.94%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund2.02 %12.13 %22.38 %30.97 %62.59 %
Sector2.42 %8.34 %16.13 %32.48 %60.31 %
Rank within sector278 / 503116 / 49872 / 476217 / 381153 / 294
Quartile th3 rd1 st1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund16.62 %8.62 %-4.46 %6.61 %25 %
Sector13.46 %7.94 %0.71 %5.96 %21.26 %
Rank within sector173 / 489160 / 444345 / 396171 / 347111 / 305
Quartile th2 nd2 nd4 th2 nd2 nd

Risk statistics

Alpha-1.51
Beta1.21
Sharpe0.31
Volatility11.71
Tracking error4.3
Information ratio-0.04
R-Squared0.89

Price movement

52 week high37.26
52 week low30.275
Current bid price0
Current offer price0
Current mid price37.269

Holdings by region

  • 44.68% USA
  • 12.73% Japan
  • 8.45% Others
  • 8.04% UK
  • 6.94% Germany
  • 6.57% France
  • 2.76% Canada
  • 2.26% Switzerland
  • 2.2% Australia
  • 2.15% Spain

Holdings by sector

  • 17.13% Financials
  • 16.99% Industrials
  • 15.33% Consumer Discretionary
  • 9.37% Consumer Staples
  • 9.11% Information Technology
  • 7.28% Health Care
  • 6.6% Energy
  • 5.87% Materials
  • 5.47% Telecommunications Utilities
  • 4.15% Utilities

Holdings by asset type

  • 44.68% US Equities
  • 12.73% Japanese Equities
  • 8.45% International Equities
  • 8.04% UK Equities
  • 6.94% German Equities
  • 6.57% French Equities
  • 2.76% Canadian Equities
  • 2.26% Swiss Equities
  • 2.2% Australian Equities
  • 2.15% Spanish Equities

Individual holdings

  • 1.82% WAL-MART STORES INC
  • 0.92% GENERAL ELECTRIC CO.
  • 0.86% VOLKSWAGEN AG
  • 0.85% AT&T INC
  • 0.81% ROYAL DUTCH SHELL
  • 0.79% EXXON MOBIL CORP
  • 0.7% APPLE INC
  • 0.7% JPMORGAN CHASE & CO
  • 0.7% WELLS FARGO & CO
  • 0.61% BANK OF AMERICA CORP