Fact sheet: HSBC GIF Gbl AsBk Bd

Fund information

Fund name
HSBC GIF Global Asset-Backed Bond ZC USD GBP
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund objective
The sub-fund invests for total return primarily in Asset Backed Securities ("ABS") and Mortgage Backed Securities ("MBS"). The sub-fund may also invest in other fixed income instruments issued globally denominated in a range of currencies, including but not limited to, corporate bonds, government securities, and cash. Issuers of these securities may be located in any country. The sub-fund may invest up to 100% of its assets in ABS and MBS securities whose underlyings include, but are not limited to, mortgages (residential and commercial), auto loans, corporate loans, bonds, credit cards, student loans and other receivables. The sub-fund's investments in ABS and MBS will be restricted to securities rated, at the time of purchase, at least BBB- or equivalent as measured by one or more of the independent rating agencies such as Moody's or Standard & Poor's. 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), forward currency contracts and in other currency and credit derivatives, as well as other structured products. The sub-fund intends to use such financial derivative instruments for, inter alia, the purposes of managing interest and credit risks and currency positioning and 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.
Benchmark
-
Investment style
-
Investment method
Fixed Interest

Quick stats

1 Year return

6.03 %

1 Year rank in sector

26/303

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 296.3 m

FE Risk score

76

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.46 %-0.41 %6.03 %41.27 %0 %
Sector0.39 %2.53 %1.61 %5.72 %11.03 %
Rank within sector3 / 341291 / 32626 / 3032 / 258 /
Quartile th1 st4 th1 st1 st th

Calendar performance

YTD-20172016201520142013
Fund-0.23 %24.24 %4.95 %11.54 %0 %
Sector3.33 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector293 / 3195 / 28615 / 26218 / 227 /
Quartile th4 th1 st1 st1 st th

Risk statistics

Alpha10.79
Beta0.54
Sharpe0.82
Volatility9.72
Tracking error9.64
Information ratio0.97
R-Squared0.02

Price movement

52 week high112.428
52 week low102.307
Current bid price0
Current offer price0
Current mid price109.54

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 4.18% RMAC SECS
  • 3.45% STNLT 2017-1 A
  • 3.38% OCT20 2014-1A AR
  • 3.17% SALLI
  • 3.08% TRYON PARK CLO LTD 2.7084 15-JUL-25
  • 2.7% INVITATION HOMES TR 2014
  • 2.68% HSBC US DOLLAR LIQUIDITY Y
  • 2.37% COLD STORAGE TRUST 2.2440 15-APR-24
  • 2.32% MITCHELLS & BUTLERS FINA 0.7359 15-DEC-30
  • 2.3% JFIN REVOLVER CLO LTD 2.3751 20-APR-23