Fact sheet: HSBC GIF Frontier Mkts

Fund information

Fund name
HSBC GIF Frontier Markets EC USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Christopher Michael Turner
since 27/08/2015
Andrew Brudenell
since 30/11/2011
Fund objective
The sub-fund invests for long term total returns in a diversified portfolio of investments in equity and equity equivalent securities of companies which have their registered office in, and with an official listing on a major stock exchange or other Regulated Market in Frontier Markets, as well as those companies with significant operations or carrying out a preponderant part of their business activities in these countries. The sub-fund may also invest in financial derivative instruments such as futures, options and forward currency contracts and in other currency and equity derivatives. The sub-fund intends to use such financial derivative instruments for, inter alia, the purposes of managing market exposure 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 portfolio will be actively managed, aiming to achieve total returns to investors without reference to market index weightings.
Benchmark
MSCI Select Frontier & Emerging Markets Capped Net
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

18.75 %

1 Year rank in sector

164/273

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 430.6 m

FE Risk score

101

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    26.04%
  • United Arab Emirates
    15.55%
  • Kuwait
    13%
  • Philippines
    8.22%
  • Argentina
    8.17%
  • Financials
    39.32%
  • Industrials
    14.52%
  • Consumer Discretionary
    7.49%
  • Telecommunications Utilities
    6.92%
  • Consumer Staples
    6.53%
  • International Equities
    26.04%
  • Emirian Equities
    15.55%
  • Kuwaiti Equities
    13%
  • American Emerging Equities
    12.07%
  • Philippine Equities
    8.22%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.98 %9.76 %18.75 %12.67 %0 %
Sector2.28 %13.89 %21.97 %17.74 %20.76 %
Rank within sector239 / 290190 / 279164 / 273179 / 227 /
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Calendar performance

YTD-20172016201520142013
Fund20.19 %8.04 %-10.36 %4.08 %0 %
Sector25.74 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector199 / 278153 / 25788 / 23166 / 211 /
Quartile th3 rd3 rd2 nd2 nd th

Risk statistics

Alpha-0.97
Beta0.72
Sharpe-0
Volatility13.56
Tracking error10.33
Information ratio-0.21
R-Squared0.5

Price movement

52 week high15.045
52 week low12.145
Current bid price0
Current offer price0
Current mid price14.974

Holdings by region

  • 26.04% International
  • 15.55% United Arab Emirates
  • 13% Kuwait
  • 8.22% Philippines
  • 8.17% Argentina
  • 6.06% Romania
  • 4.49% Georgia
  • 4.32% Bangladesh
  • 3.9% Colombia
  • 3.72% Pakistan

Holdings by sector

  • 39.32% Financials
  • 14.52% Industrials
  • 7.49% Consumer Discretionary
  • 6.92% Telecommunications Utilities
  • 6.53% Consumer Staples
  • 6.53% Real Estate
  • 5.4% Health Care
  • 5.35% Materials
  • 3.02% Money Market
  • 2.68% Energy

Holdings by asset type

  • 26.04% International Equities
  • 15.55% Emirian Equities
  • 13% Kuwaiti Equities
  • 12.07% American Emerging Equities
  • 8.22% Philippine Equities
  • 7.23% Asia Pacific Emerging Equities
  • 6.06% European Emerging Equities
  • 4.49% European Equities
  • 4.32% Asia Pacific Equities
  • 3.02% Money Market

Individual holdings

  • 4.01% BANCO MACRO S.A.
  • 3.86% HUMAN SOFT HOLDING CO.
  • 3.81% NMC HEALTH PLC
  • 3.66% NATIONAL BANK OF KUWAIT
  • 3.65% AGILITY PUBLIC WAREHOUSING CO
  • 3.62% BANCO DAVIVIENDA SA
  • 3.6% GRUPO FINANCIERO GALICIA SA
  • 3.46% DP WORLD LTD
  • 3.38% Emaar Properties PJSC ORD
  • 3.16% CREDICORP