Fact sheet: HSBC GIF Gbl AsBk Bd

Fund information

Fund name
HSBC GIF Global Asset-Backed Bond XCH Acc JPY
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
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

14.81 %

1 Year rank in sector

-

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 313.6 m

FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.81 %1.59 %14.81 %9.2 %0 %
Sector-0.12 %1.63 %1.91 %6.01 %9.21 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund0 %0 %0 %0 %0 %
Sector3.41 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha6.53
Beta-1.38
Sharpe-0
Volatility10.76
Tracking error11.93
Information ratio0.08
R-Squared0.12

Price movement

52 week high9987.036
52 week low9957.838
Current bid price0
Current offer price0
Current mid price9987.036

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 3.42% HSBC US DOLLAR LIQUIDITY Y
  • 3.23% STNLT 2017-1 A
  • 3.2% SHACK 2017-11A A
  • 3.05% SALLI
  • 2.56% INVITATION HOMES TR 2014
  • 2.4% VENTURE 28A CLO LTD / VENTURE 2
  • 2.36% RMAC SECS
  • 2.28% CARLYLE GLOBAL MARKET STRATEGI 1.3500 21-SEP-29
  • 2.25% COLD STORAGE TRUST 2.2440 15-APR-24
  • 2.25% MITCHELLS & BUTLERS FINA 0.7359 15-DEC-30