Fact sheet: HSBC GIF EconScInxUSEqty

Fund information

Fund name
HSBC GIF Economic Scale Index US Equity PD 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 United States (the "US Index") by investing in securities that are included in the US Index. The sub-fund will use a Full Replication strategy to track the US 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 US Index and possibly of some securities that are not included in the US Index that are designed to help the sub-fund track the performance of the US 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 US 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 US Net
Investment style
Passive/Tracking,Growth
Investment method
Shares,Physical - Full

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

19.5 %

1 Year rank in sector

96/205

Sector

FO Equity - USA

Yield
-
Fund size

£ 836.2 m

FE Risk score

113

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Industrials
    16.71%
  • Consumer Discretionary
    16.13%
  • Financials
    14.84%
  • Information Technology
    14.32%
  • Consumer Staples
    9.92%
  • US Equities
    96.85%
  • Property
    2.14%
  • Money Market
    1.01%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund2.71 %7.34 %19.5 %32.24 %72.15 %
Sector2.63 %8.06 %18.01 %32.09 %74.59 %
Rank within sector92 / 217131 / 21396 / 205102 / 17499 / 145
Quartile th2 nd3 rd2 nd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund10.34 %15.99 %-6.44 %13.44 %31.21 %
Sector12.74 %8.86 %-1.57 %10.68 %31.81 %
Rank within sector136 / 20843 / 193153 / 17749 / 16588 / 147
Quartile th3 rd1 st4 th2 nd3 rd

Risk statistics

Alpha-0.09
Beta1.03
Sharpe0.37
Volatility11.35
Tracking error3.16
Information ratio0.01
R-Squared0.92

Price movement

52 week high45.805
52 week low37.999
Current bid price0
Current offer price0
Current mid price45.805

Holdings by region

-

Holdings by sector

  • 16.71% Industrials
  • 16.13% Consumer Discretionary
  • 14.84% Financials
  • 14.32% Information Technology
  • 9.92% Consumer Staples
  • 8.83% Health Care
  • 7.04% Energy
  • 3.98% Materials
  • 3.13% Telecommunications Utilities
  • 2.14% Real Estate

Holdings by asset type

  • 96.85% US Equities
  • 2.14% Property
  • 1.01% Money Market

Individual holdings

  • 3.18% WAL-MART STORES INC
  • 1.61% GENERAL ELECTRIC CO.
  • 1.49% AT&T INC
  • 1.41% EXXON MOBIL CORP
  • 1.25% WELLS FARGO & CO
  • 1.23% APPLE INC
  • 1.23% JPMORGAN CHASE & CO
  • 1.08% UNITED PARCEL SERVICE INC
  • 1.07% BANK OF AMERICA CORP
  • 0.95% CHEVRON CORP