Fact sheet: HSBC GIF Gbl Gov Bd

Fund information

Fund name
HSBC GIF Global Government Bond ZD 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 government bonds. The sub-fund invests (normally a minimum of 90% of its net assets) in Investment Grade rated fixed income and other similar securities which are issued or guaranteed by governments, government agencies and supranational bodies in both developed markets, such as OECD countries, and Emerging Markets. These securities are denominated in developed market and Emerging Market currencies. Investments in Asset Backed Securities ("ABS") and Mortgage Backed Securities ("MBS") are limited to a maximum of 10% of the subfund's net assets. On an ancillary basis (normally up to 10% of its net assets) the sub-fund may invest in Non-Investment Grade rated fixed income securities. 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 and their primary use will be for hedging purposes and cash flow management. Financial derivative instruments may also be used for efficient portfolio management. Financial derivative instruments that the sub-fund may use include, but are not limited to, foreign exchange forwards (including nondeliverable forwards), exchange-traded futures, foreign exchange options, swaptions and swaps (interest rate and credit default). Financial derivative instruments may also be embedded in other instruments used by the sub-fund (for example, participation notes). The sub-fund's primary currency exposure is to the US dollar. The sub-fund will normally hedge currency exposures into US dollar. On an ancillary basis (normally up to 10% of its net assets), 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

-7.25 %

1 Year rank in sector

6/6

Sector

FO Fixed Int - USD Government

Yield
-
Fund size

£ 938.4 m

FE Risk score

27

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Global Government Fixed Interest
    96.9%
  • Money Market
    3.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.67 %-2.32 %-7.25 %33.86 %0 %
Sector0.2 %0.44 %-0.6 %3.83 %4.64 %
Rank within sector1 / 77 / 76 / 61 / 6 /
Quartile th1 st4 th4 th1 st th

Calendar performance

YTD-20172016201520142013
Fund-4.75 %24.58 %6.59 %0 %0 %
Sector2.21 %2.56 %-0.98 %2.87 %-2.18 %
Rank within sector6 / 61 / 61 / 6 / /
Quartile th4 th1 st1 st th th

Risk statistics

Alpha6.91
Beta2.56
Sharpe0.53
Volatility12.34
Tracking error11.08
Information ratio0.77
R-Squared0.3

Price movement

52 week high9.145
52 week low8.024
Current bid price0
Current offer price0
Current mid price8.279

Holdings by region

-

Holdings by sector

-

Holdings by asset type

  • 96.9% Global Government Fixed Interest
  • 3.1% Money Market

Individual holdings

  • 5.36% UNITED STATES OF AMER TREAS NOTES 3.125% NTS 15/05/19 USD1000
  • 5.18% JAPAN(GOVERNMENT OF) 2.2% BDS 20/09/28 JPY50000
  • 4.89% UNITED STATES OF AMER TREAS NOTES 1.125% BDS 31/10/21 USD100
  • 4.42% JAPAN(GOVERNMENT OF) 0.2% NTS 20/03/19 JPY50000
  • 3.65% JAPAN(GOVERNMENT OF) 1.8% BDS 20/03/32 JPY50000
  • 3.41% UNITED STATES OF AMER TREAS BONDS 3.375% BDS 15/05/44 USD1000
  • 3.37% JAPAN(GOVERNMENT OF) 1.7% BDS 20/03/44 JPY50000
  • 3.27% UNITED STATES OF AMER TREAS NOTES 2.5% TB 15/05/24 USD100
  • 3% JAPAN(GOVERNMENT OF) 0.9% BDS 20/03/22 JPY1000
  • 2.64% UNITED STATES OF AMER TREAS NOTES 2.25% BDS 15/02/27 USD1000