Fact sheet: HSBC GIF EconScInxJpnEq

Fund information

Fund name
HSBC GIF Economic Scale Index Japan Equity PD JPY
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Patricia Keogh
since 01/10/2015
HSBC Passive Equity Management Team
since 01/01/2016
Fund objective
The sub-fund aims to track the HSBC Economic Scale Index Japan (the "Japan Index") by investing in securities that are included in the Japan Index. The sub-fund will use a Full Replication strategy to track the Japan 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 Japan Index and possibly of some securities that are not included in the Japan Index that are designed to help the subfund track the performance of the Japan 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 Japan 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 Japan Net
Investment style
Passive/Tracking
Investment method
Shares,Physical - Full

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

29.59 %

1 Year rank in sector

23/105

Sector

FO Equity - Japan

Yield
-
Fund size

£ 17.8 b

FE Risk score

125

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Japan
    97.83%
  • Money Market
    2.17%
  • Consumer Discretionary
    21.48%
  • Industrials
    18.98%
  • Financials
    13.69%
  • Information Technology
    12.28%
  • Telecommunications Utilities
    7.62%
  • Japanese Equities
    97.83%
  • Money Market
    2.17%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund4.04 %17.19 %29.59 %51.02 %128.94 %
Sector3.85 %15.73 %22.89 %54.77 %122.05 %
Rank within sector48 / 10943 / 10923 / 10548 / 9131 / 79
Quartile th2 nd2 nd1 st3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund13.73 %1.85 %10.08 %7 %49.52 %
Sector15.92 %4.48 %11.76 %4.15 %43.22 %
Rank within sector68 / 10852 / 9861 / 9134 / 8635 / 81
Quartile th3 rd3 rd3 rd2 nd2 nd

Risk statistics

Alpha-3.37
Beta1.23
Sharpe0.34
Volatility16.77
Tracking error6.63
Information ratio-0.21
R-Squared0.88

Price movement

52 week high1343.156
52 week low1007.827
Current bid price0
Current offer price0
Current mid price1346.613

Holdings by region

  • 97.83% Japan
  • 2.17% Money Market

Holdings by sector

  • 21.48% Consumer Discretionary
  • 18.98% Industrials
  • 13.69% Financials
  • 12.28% Information Technology
  • 7.62% Telecommunications Utilities
  • 7.01% Consumer Staples
  • 6.4% Materials
  • 3.93% Utilities
  • 3.84% Health Care
  • 2.17% Money Market

Holdings by asset type

  • 97.83% Japanese Equities
  • 2.17% Money Market

Individual holdings

  • 4.72% TOYOTA MOTOR CORP
  • 4.47% NIPPON TELEGRAPH & TELEPHONE CORP
  • 2.96% HITACHI
  • 2.89% JAPAN POST HLDGS CO LTD
  • 2.47% PANASONIC CORP
  • 2.09% HONDA MOTOR CO
  • 1.73% MITSUBISHI UFJ FINANCIAL GROUP
  • 1.64% TOSHIBA CORP
  • 1.63% CANON INC
  • 1.53% NTT DOCOMO INC