Fact sheet: HSBC GIF Gbl ShtDurBd

Fund information

Fund name
HSBC GIF Global Short Duration Bond AC USD GBP
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund objective
The sub-fund aims to provide long term total return by investing in a portfolio of bonds whilst maintaining low interest rate risk. 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 either issued or guaranteed by governments, government agencies and supranational bodies in developed markets or by companies which are based or carry out the larger part of their business in the developed markets. These securities are primarily denominated in developed markets currencies. On an ancillary basis the sub-fund may invest in Non-Investment Grade rated fixed income securities (normally up to 10% of its net assets), in Asset Backed Securities ("ABS") (normally up to 10% of its net assets) and in fixed income securities issued in Emerging Markets (normally up to 10% of its net assets). 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.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
None
Investment method
Fixed Interest

Quick stats

1 Year return

-2.55 %

1 Year rank in sector

271/307

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 24.8 m

FE Risk score

84

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    100%
  • Global Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-5.1 %-7.34 %-2.55 %0 %0 %
Sector-0.03 %2.24 %1.94 %6.16 %9.66 %
Rank within sector342 / 345331 / 332271 / 307 / /
Quartile th4 th4 th4 th th th

Calendar performance

YTD-20172016201520142013
Fund-8.04 %20.18 %0 %0 %0 %
Sector3.33 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector319 / 31910 / 288 / / /
Quartile th4 th1 st th th th

Price movement

52 week high8.331
52 week low7.446
Current bid price0
Current offer price0
Current mid price7.481

Holdings by region

  • 100% International

Holdings by sector

-

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

  • 7.92% US TREASURY N/B 0.7500 15-FEB-19
  • 6.96% UNITED STATES OF AMER TREAS NOTES 0.875% BDS 15/10/17 USD100
  • 6.12% US TREASURY N/B 1.0000 15-MAR-19
  • 4.06% JAPAN(GOVERNMENT OF) 0.1% BDS 15/09/18 JPY50000 368
  • 3.15% JAPAN(GOVERNMENT OF) 1.7% BDS 20/09/17 JPY1000000
  • 2.98% HSBC US DOLLAR LIQUIDITY Y
  • 2.97% JAPAN(GOVERNMENT OF) 0.2% BDS 20/09/19 JPY50000
  • 2.52% UNITED STATES OF AMER TREAS BONDS 1.125% BDS 30/06/21 USD100
  • 2.46% UNITED STATES OF AMER TREAS NOTES 1.25% TB 31/12/18 USD100
  • 2.03% UNITED STATES OF AMER TREAS NOTES 0.75% BDS 31/10/18 USD100