Fact sheet: HSBC GIF Gbl BondTotal Rtn

Fund information

Fund name
HSBC GIF Global BondTotal Return AC USD
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 allocated across global bonds and other similar securities or instruments.The Total Return strategy aims to capture the majority of the upside in the global bond universe while limiting the downside risk. The Total Return strategy has a flexible allocation across the full spectrum of global bonds and currency markets. Returns are generated through duration management, yield curve positioning, currency positioning and the selection of individual securities within the investment universe. By seeking multiple sources of return, the Total Return strategy aims to provide over an investment cycle risk-adjusted returns above the investment universe of the sub-fund without reference to a benchmark index. However the Total Return strategy does not imply there is any protection of capital or guarantee of a positive return over time. The sub-fund is subject to market risks at any time.The sub-fund invests in normal market conditions a minimum of 90% of its net assets, either directly or through the use of financial derivative instruments, in Investment Grade and Non-Investment Grade fixed income securities which are either issued or guaranteed by governments, government agencies or supranational bodies worldwide or issued by companies which are based or carry out the larger part of their business in either developed markets, such as OECD countries, or Emerging Markets. These securities are denominated in developed market and Emerging Market currencies.The sub-fund may invest (up to 20% of its net assets) in Asset Backed Securities ("ABS") and Mortgage Backed Securities ("MBS").The sub-fund may invest up to 10% of its net assets in contingent convertible securities, however this is not expected to exceed 5%.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 may achieve its investment objective by investing 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 achieve its investment objective by investing in financial derivative instruments. However, the sub-fund does not intend to invest in financial derivative instruments extensively for investment purposes and their primary use will be for hedging and efficient portfolio management, including purposes such as cash flow management and tactical asset allocation.The sub-fund may use financial derivative instruments including, but not limited to, futures, options, swaps (such as credit default swaps and total return swaps) and forward currency contracts. These may be exchange-traded or over-the-counter contracts. Financial derivative instruments may also be embedded in other instruments used by the sub-fund (for example ABS).The sub-fund's primary currency exposure is to the US dollar. The sub-fund may also have exposure to non-US dollar currencies including Emerging Market currencies.
Benchmark
-
Investment style
Total Return
Investment method
Fixed Interest

Quick stats

1 Year return

3.99 %

1 Year rank in sector

149/298

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 21.1 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • Global Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.04 %1.49 %3.99 %0 %0 %
Sector0.01 %1.37 %3.94 %6.49 %9.25 %
Rank within sector169 / 339146 / 323149 / 298 / /
Quartile th2 nd2 nd2 nd th th

Calendar performance

YTD-20172016201520142013
Fund3.07 %1.9 %0 %0 %0 %
Sector3.42 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector161 / 306194 / 273 / / /
Quartile th3 rd3 rd th th th

Price movement

52 week high10.305
52 week low9.865
Current bid price0
Current offer price0
Current mid price10.261

Holdings by region

  • 100% International

Holdings by sector

-

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

  • 6.87% US TREASURY BILL 0.000 12/21/2017
  • 6.29% US TREASURY N/B 2 .0000 15-FEB-25
  • 5.23% UNITED STATES OF AMER TREAS NOTES 0.375% NTS 15/01/27 USD100
  • 4.71% US TREASURY N/B 1.3750 29-FEB-20
  • 4.62% US TREASURY N/B 1.2500 31-OCT-21
  • 4.09% HSBC GIF GLOBAL HIGH YIELD BOND ZC
  • 3.24% UNITED STATES OF AMER TREAS NOTES 1.625% BDS 15/02/26 USD1000
  • 3.21% FRANCE(GOVT OF) 0.5% BDS 25/05/25 EUR1
  • 3.16% BELGIUM(KINGDOM OF) 0.8% BDS 22/06/25 EUR0.01
  • 3.06% GBGV 5.000 '20