Fact sheet: HSBC GIF Euro Bd

Fund information

Fund name
HSBC GIF Euro Bond AC EUR
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager
Hermann Mueller
since 07/04/2003
Fund objective
The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities from around the world, denominated in Euro. The sub-fund will seek to invest primarily in securities issued in developed markets such as OECD countries. The sub-fund may also invest in financial derivative instruments such as futures, options, swaps (including, but not limited to, credit default swaps and Total Return Swaps) and forward currency contracts and in other currency and credit derivatives. These financial derivative instruments may be denominated in currencies other than EUR although the net currency exposure will be very close to 100% in EUR at all times. The sub-fund intends to use such financial derivative instruments for, inter alia, the purposes of managing interest and credit risks and currency positioning but also to enhance return when the Investment Adviser believes the investment in financial derivative instruments will assist the sub-fund in achieving its investment objectives.The sub-fund may invest up to 10% of its net assets in contingent convertible securities, however this is not expected to exceed 5%.
Benchmark
Bloomberg Barclays Euro Aggregate
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

-1.61 %

1 Year rank in sector

19/24

Sector

FO Fixed Int - EUR

Yield
-
Fund size

£ 171.7 m

FE Risk score

85

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.39 %1.79 %-1.61 %5.36 %20.04 %
Sector-0.01 %2.13 %0.72 %5.39 %16.61 %
Rank within sector24 / 2514 / 2419 / 2412 / 2210 / 20
Quartile th4 th3 rd4 th3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund0.39 %3.29 %-1.12 %10.78 %2.17 %
Sector1.52 %2.56 %0.03 %7.69 %1.45 %
Rank within sector17 / 249 / 2318 / 227 / 228 / 20
Quartile th3 rd2 nd4 th2 nd2 nd

Risk statistics

Alpha-0.92
Beta1.62
Sharpe-0
Volatility3.74
Tracking error1.69
Information ratio0.05
R-Squared0.93

Price movement

52 week high27.893
52 week low26.622
Current bid price0
Current offer price0
Current mid price27.194

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 4.67% GERMANY(FEDERAL REPUBLIC OF) 5.5% BDS 4/1/2031 EUR0.01
  • 4.59% ITALY(REPUBLIC OF) 3.75% BDS 01/08/21 EUR1000
  • 3.54% GERMANY(FEDERAL REPUBLIC OF) 4% BDS 04/01/37 EUR0.01
  • 3.02% GERMANY(FEDERAL REPUBLIC OF) 4.75% BDS 04/07/40 EUR0.01
  • 2.81% ITALY(REPUBLIC OF) 4.75% TB 01/08/23 EUR1000
  • 2.63% ITALY(REPUBLIC OF) 5% BDS 01/03/22 EUR1000
  • 2.58% SPAIN(KINGDOM OF) 5.75% BDS 30/7/2032 EUR1000
  • 2.36% SPAIN(KINGDOM OF) 5.4% BDS 31/01/23 EUR1000
  • 2.34% FRANCE(GOVT OF) 0.25% BDS 25/11/26 EUR1
  • 2.22% FRANCE(GOVT OF) 0.5% BDS 25/05/25 EUR1