Fact sheet: HSBC GIF Euro Credit Bd

Fund information

Fund name
HSBC GIF Euro Credit Bond EC EUR
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager
Jean - Oliver Neyrat
since 01/05/2009
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, denominated in Euro. The sub-fund will seek to invest primarily in Euro denominated Investment Grade corporate issues whilst reserving the possibility of investing in securities issued or guaranteed by governments, government agencies and supranational bodies. 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. 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
Markit iBoxx Eur Corporates
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

0.43 %

1 Year rank in sector

30/58

Sector

FO Fixed Int - EUR Corporate Bond

Yield
-
Fund size

£ 931.2 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.07 %1.56 %0.43 %5.23 %19.51 %
Sector-0.2 %2.14 %1.13 %7.08 %19.4 %
Rank within sector29 / 6043 / 5830 / 5840 / 5525 / 47
Quartile th2 nd3 rd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund1.7 %3.02 %-0.85 %7.34 %2.77 %
Sector2.2 %4.74 %-1.02 %6.9 %2.24 %
Rank within sector33 / 5851 / 5730 / 5630 / 5219 / 49
Quartile th3 rd4 th3 rd3 rd2 nd

Risk statistics

Alpha-0.53
Beta0.94
Sharpe-0
Volatility2.93
Tracking error0.73
Information ratio-0.91
R-Squared0.94

Price movement

52 week high26.117
52 week low25.399
Current bid price0
Current offer price0
Current mid price26.069

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 2.44% FRANCE(GOVT OF) 2.25% BDS 25/05/24 EUR1
  • 2.13% EFSF 0.7500 03-MAY-27
  • 1.61% EFSF 0.8750 26-JUL-27
  • 1.5% SAMPO 1% NTS 18/09/23 EUR100000
  • 1.48% RABOBK 2.5 C '21 EUR
  • 1.38% GERMANY(FEDERAL REPUBLIC OF) 2.5% NTS 15/08/46 EUR1
  • 1.36% ITALGAS SPA 1.1250 14-MAR-24
  • 1.23% ALD SA 0.875% MTN 18/07/22 EUR100000
  • 1.22% CREDIT SUISSE 5.7500 18-SEP-25
  • 1.22% UBS GROUP FUNDING 1.5000 30-NOV-24