Fact sheet: HSBC GIF Gbl Hi Inc Bd

Fund information

Fund name
HSBC GIF Global High Income Bond IC USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Jerry Samet
since 28/07/2010
Fund objective
The sub-fund invests for high income primarily in a diversified portfolio of higher yielding fixed income bonds and other similar securities from around the world denominated in a range of currencies. This may include Investment Grade bonds, high yield bonds and Asian and Emerging Markets debt instruments. Investment in mortgage and asset backed securities will be limited to a maximum of 20% of the sub-fund net assets. 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) and forward currency contracts and in other currency and credit derivatives. The sub-fund intends to use such financial derivative instruments for, inter alia, the purposes of managing interest and credit risks and currency positioning but 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. In particular, the sub-fund will use foreign currency forward contracts or other financial derivative instruments to substantially protect the sub-fund from losses arising from currency depreciation against the USD.The sub-fund may invest up to 10% of its net assets in contingent convertible securities, however this is not expected to exceed 5%.
Benchmark
-
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

7.21 %

1 Year rank in sector

47/82

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 2.4 b

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

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.12 %2.54 %7.21 %12.82 %25.42 %
Sector-0.47 %1.53 %6.8 %12.54 %24.41 %
Rank within sector17 / 9824 / 9147 / 8228 / 6421 / 45
Quartile th1 st2 nd3 rd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund6.39 %7.34 %-0.71 %6.21 %2.02 %
Sector4.64 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector24 / 8557 / 7321 / 678 / 5744 / 49
Quartile th2 nd4 th2 nd1 st4 th

Risk statistics

Alpha0.99
Beta0.78
Sharpe0.15
Volatility3.85
Tracking error1.92
Information ratio0.06
R-Squared0.82

Price movement

52 week high12.709
52 week low11.697
Current bid price0
Current offer price0
Current mid price12.652

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 2.26% HSBC US DOLLAR 1 LIQUIDITY Y
  • 0.43% ARGENTINA(REPUBLIC OF) 7.5% BDS 22/04/26 USD150000
  • 0.4% ARGENTINA(REPUBLIC OF) 5.625% BDS 26/01/22 USD 1000
  • 0.39% BANK OF AMERICA CORP 4.183% BDS 25/11/27 USD2000
  • 0.39% INEOS GROUP HLDGS 5.375% BDS 01/08/24 EUR100000
  • 0.37% KAZAKHSTAN(REPUBLIC OF) 5.125% NTS 21/07/25 USD200000 3 144A
  • 0.35% SWEDBANK AB 0.3% BDS 06/09/22 EUR100000
  • 0.34% ARGENTINA(REPUBLIC OF) 6.875% BDS 22/04/21 USD 150000
  • 0.32% SNAM SPA 1.2500 25-JAN-25
  • 0.32% UCGIM 2.125 '26 EUR