Fact sheet: HSBC GIF GEMEqtyVolFcs

Fund information

Fund name
HSBC GIF GEM Equity Volatility Focused BC USD GBP
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Fund objective
The sub-fund aims to provide long term total return by investing in a portfolio of Emerging Market equities.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, or carry out the larger part of their business activities in, Emerging Markets. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts (“REITS”). The sub-fund may invest the remaining assets in financial derivative instruments and/or temporarily in fixed income securities, money market instruments,cash instruments and cash.The sub-fund aims for a lower portfolio volatility relative to that of the MSCI Emerging Markets Index through portfolio construction. The sub-fund uses portfolio optimisation to lower overall portfolio volatility by selecting a combination of lower volatility stocks and higher volatility stocks that are less correlated and thereby diversifying the portfolio. The sub-fund may rely on market research and quantitative analysis to estimate individual stock volatility and intra-stock correlation as part of its portfolio optimisation process.Investments in Chinese equities include, but are not limited to, China A-shares and China B-shares (and such other securities as may be available) listed on stock exchanges in the People's Republic of China (“PRC”). The sub-fund may directly invest in China A-shares through the Shanghai-Hong Kong Stock Connect, subject to applicable quota limitations. Furthermore,the sub-fund may gain exposure to China A-shares indirectly through China A-shares Access Products (“CAAP”) such as, but not limited to, participation notes linked to China A-shares.The sub-fund may invest up to 30% of its nets assets in China A-shares through the Shanghai-Hong Kong Stock Connect and up to 30% of its net assets in CAAPs. The sub-fund's maximum exposure to China A-shares (through the Shanghai-Hong Kong Stock Connect or CAAP) and China B-shares is 40% of its net assets. The sub-fund will not invest more than 10% of its net assets in CAAPs issued by any single issuer of CAAPs.The sub-fund normally invests across a range of market capitalisations without any capitalisation restriction.The sub-fund will not invest more than 30% of its net assets in a combination of participation notes and convertible securities.The sub-fund will not invest more than 10% of its net assets in securities issued by or guaranteed by any single sovereign issuer with a credit rating below Investment Grade.The sub-fund will not invest more than 10% of its net assets in REITS.The sub-fund may invest up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other sub-funds of HSBC Global Investment Funds).The sub-fund may use financial derivative instruments for hedging and cash flow management (for example, Equitisation). However, the sub-fund will not use financial derivative instruments extensively for investment purposes. The financial derivative instruments the sub-fund is permitted to use include, but are not limited to, futures and foreign exchange forwards (including non-deliverable forwards). Financial derivative instruments may also be embedded in other instruments in which the sub-fund may invest.
Benchmark
-
Investment style
None
Investment method
Shares

Quick stats

1 Year return

19.53 %

1 Year rank in sector

222/256

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 13.3 m

FE Risk score

125

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    24.43%
  • International
    16.76%
  • Korea
    12.28%
  • Taiwan
    11.47%
  • India
    8.32%
  • Information Technology
    25.04%
  • Financials
    23.16%
  • Consumer Staples
    9.74%
  • Energy
    9.37%
  • Industrials
    8.54%
  • Chinese Equities
    24.43%
  • International Equities
    16.76%
  • South Korean Equities
    12.28%
  • Taiwanese Equities
    11.47%
  • Indian Equities
    8.32%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.59 %6.96 %19.53 %0 %0 %
Sector6.89 %13.55 %31.21 %24.18 %22.79 %
Rank within sector262 / 275253 / 271222 / 256 / /
Quartile th4 th4 th4 th th th

Calendar performance

YTD-20182017201620152014
Fund2.7 %19.26 %32.66 %0 %0 %
Sector5.51 %28.42 %10.7 %-14.35 %-1.42 %
Rank within sector254 / 275214 / 25620 / 231 / /
Quartile th4 th4 th1 st th th

Price movement

52 week high10.098
52 week low8.407
Current bid price0
Current offer price0
Current mid price10.098

Holdings by region

  • 24.43% China
  • 16.76% International
  • 12.28% Korea
  • 11.47% Taiwan
  • 8.32% India
  • 6.1% Thailand
  • 4.35% Mexico
  • 4.31% Indonesia
  • 3.94% Chile
  • 3.79% United Arab Emirates

Holdings by sector

  • 25.04% Information Technology
  • 23.16% Financials
  • 9.74% Consumer Staples
  • 9.37% Energy
  • 8.54% Industrials
  • 7.33% Telecommunications Utilities
  • 5.76% Materials
  • 5.54% Consumer Discretionary
  • 2.89% Utilities
  • 1.77% Real Estate

Holdings by asset type

  • 24.43% Chinese Equities
  • 16.76% International Equities
  • 12.28% South Korean Equities
  • 11.47% Taiwanese Equities
  • 8.32% Indian Equities
  • 6.1% Thai Equities
  • 4.35% Mexican Equities
  • 4.31% Indonesian Equities
  • 3.94% Chilean Equities
  • 3.79% Emirian Equities

Individual holdings

  • 2.92% TENCENT HLDGS LIMITED
  • 2.49% CHINA CONCH VENTURE HLDGS LTD
  • 2.39% NETEASE INC
  • 2.38% BANK NEGARA INDONESIA TBK
  • 2.31% BAIDU INC
  • 2.3% THAI OIL PCL-FRGN
  • 2.27% SOUTHERN COPPER CORP
  • 2.2% ALIBABA GROUP HLDG LTD
  • 2.18% ASUSTEK COMPUTER INC
  • 2.16% INDUSTRIAL BANK OF KOREA