Fact sheet: HSBC GIF GEMEqtyVolFcs

Fund information

Fund name
HSBC GIF GEM Equity Volatility Focused EC USD GBP
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
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

15.75 %

1 Year rank in sector

159/274

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 13.5 m

FE Risk score

117

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    23.2%
  • International
    14.53%
  • India
    12.79%
  • Korea
    11.9%
  • Taiwan
    10.78%
  • Financials
    22.34%
  • Information Technology
    18.94%
  • Energy
    10.33%
  • Consumer Discretionary
    9.27%
  • Telecommunications Utilities
    7.49%
  • Chinese Equities
    23.2%
  • International Equities
    14.53%
  • Indian Equities
    12.79%
  • South Korean Equities
    11.9%
  • Taiwanese Equities
    10.78%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.96 %7.3 %15.75 %0 %0 %
Sector0.9 %10.84 %16.11 %5.1 %18.58 %
Rank within sector32 / 290217 / 282159 / 274 / /
Quartile th1 st4 th3 rd th th

Calendar performance

YTD-20172016201520142013
Fund15.38 %31.02 %0 %0 %0 %
Sector19.77 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector206 / 28023 / 261 / / /
Quartile th3 rd1 st th th th

Price movement

52 week high9.362
52 week low7.784
Current bid price0
Current offer price0
Current mid price9.347

Holdings by region

  • 23.2% China
  • 14.53% International
  • 12.79% India
  • 11.9% Korea
  • 10.78% Taiwan
  • 7.07% Thailand
  • 4.12% Peru
  • 4.1% Money Market
  • 3.99% United Arab Emirates
  • 3.84% Chile

Holdings by sector

  • 22.34% Financials
  • 18.94% Information Technology
  • 10.33% Energy
  • 9.27% Consumer Discretionary
  • 7.49% Telecommunications Utilities
  • 7.15% Industrials
  • 6.19% Materials
  • 5.95% Consumer Staples
  • 4.99% Utilities
  • 4.1% Money Market

Holdings by asset type

  • 23.2% Chinese Equities
  • 14.53% International Equities
  • 12.79% Indian Equities
  • 11.9% South Korean Equities
  • 10.78% Taiwanese Equities
  • 7.07% Thai Equities
  • 4.12% Peruvian Equity
  • 4.1% Money Market
  • 3.99% Emirian Equities
  • 3.84% Chilean Equities

Individual holdings

  • 2.39% ALIBABA GROUP HLDG LTD
  • 2.33% NETEASE INC
  • 2.29% HON HAI PRECISION INDUSTRY
  • 2.26% CREDICORP
  • 2.25% TENCENT HLDGS LIMITED
  • 2.18% BANCOLOMBIA SA
  • 2.17% INDUSTRIAL BANK OF KOREA
  • 2.09% EMAAR PROPERTIES
  • 2.09% MAGYAR OLAJ-ES GAZIPARE RESZVENYTAR
  • 2.05% AGRICULTURAL BANK OF CHINA