Fact sheet: HSBC GIF MS Asia Focsd Gth

Fund information

Fund name
HSBC GIF Managed Solutions Asia Focused Growth AC USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Denis James Gould
since 15/03/2013
Fund objective
The sub-fund invests for long term total return through an active asset allocation in a diversified portfolio of equity and fixed income securities as well as money market and cash instruments.The sub-fund will normally invest a minimum of 70 % of its net assets in Asian (including Asia Pacific and excluding Japan) based assets in both equity and fixed income markets including, but not limited to Asia Pacific (excluding Japan) equities, sovereign bonds and corporate bonds. The sub-fund may also invest in other non-Asian based assets such as global developed and emerging market equities, US Treasuries and eligible closed-ended Real Estate Investment Trusts (“REITs”). Exposure to these assets may be achieved through direct investments and/or investments in units or shares of UCITS and/or other Eligible UCIs.The sub-fund will invest in equity and equity equivalent securities. Such securities will predominantly be listed securities that are selected based on their market capitalisation, sector, country and stock valuation. There are no capitalisation restrictions, and the sub-fund will normally invest across a range of market capitalisations.Investments in Chinese equities include, but are not limited to, China A-shares and China B-shares (and such other securities as may be available) listed on stock exchanges in the People's Republic of China (“PRC”). The sub-fund may directly invest in China A-shares through the Shanghai-Hong Kong Stock Connect, subject to applicable quota limitations. Furthermore, the sub-fund may gain exposure to China A-shares indirectly through China A-shares Access Products (“CAAP”) such as, but not limited to, participation notes linked to China A-shares.The sub-fund may invest up to 30% of its nets assets in China A-shares through the Shanghai-Hong Kong Stock Connect and up to 30% of its net assets in CAAPs. The sub-fund's maximum exposure to China A-shares (through the Shanghai-Hong Kong Stock Connect or CAAP) and China B-shares is 50% of its net assets. The sub-fund will not invest more than 10% of its net assets in CAAPs issued by any single issuer of CAAPs.The sub-fund will also invest in Investment Grade, Non-Investment Grade and unrated fixed income securities issued or guaranteed by governments, government agencies or supranational bodies worldwide or companies in both developed and Emerging Markets. 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 will not invest more than 10% of its net assets in REITS.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 may invest up to 50% 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 asset allocation may change over time depending on the Investment Adviser's view on market opportunities.The sub-fund will normally be exposed to currencies of Asia Pacific (excluding Japan) countries as well as other emerging and developed market currencies.The sub-fund may use financial derivative instruments for hedging and cash flow management (for example, Equitisation). However, the sub-fund will not use financial derivative instruments extensively for investment purposes. The financial derivative instruments the sub-fund is permitted to use include, but are not limited to, futures and foreign exchange forwards (including non-deliverable forwards). Financial derivative instruments may also be embedded in other instruments in which the sub-fund may invest (for example, units or shares of UCITS and/or other Eligible UCIs).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
Aggressive,Growth
Investment method
None

Quick stats

1 Year return

19.58 %

1 Year rank in sector

3/85

Sector

FO Mixed Asset - Aggressive

Yield
-
Fund size

£ 30.2 m

FE Risk score

118

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Fund name3 years
SEI Aggr57.76%
HSBC Pfl Wld Seltn 551.31%
SEI Growth48.29%
FstEgleAmunIntl46.86%
GAM Star Dynamic Growth45.53%

Holdings snapshot

  • China
    21.44%
  • Korea
    13.08%
  • UK
    12.2%
  • USA
    10.36%
  • Hong Kong
    10%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0 %12.91 %19.58 %22.4 %0 %
Sector2.4 %6.18 %11.33 %23.71 %38.33 %
Rank within sector89 / 904 / 893 / 8547 / 73 /
Quartile th4 th1 st1 st3 rd th

Calendar performance

YTD-20172016201520142013
Fund25.88 %7.63 %-10.77 %1.8 %0 %
Sector10.23 %6.77 %0 %4.64 %11.35 %
Rank within sector2 / 8732 / 7872 / 7353 / 66 /
Quartile th1 st2 nd4 th4 th th

Risk statistics

Alpha-1.6
Beta1.43
Sharpe0.15
Volatility12.87
Tracking error7.97
Information ratio0.02
R-Squared0.67

Price movement

52 week high12.049
52 week low9.436
Current bid price0
Current offer price0
Current mid price12.037

Holdings by region

  • 21.44% China
  • 13.08% Korea
  • 12.2% UK
  • 10.36% USA
  • 10% Hong Kong
  • 9.48% Singapore
  • 9.03% India
  • 8.42% Taiwan
  • 2.77% Malaysia
  • 2.09% Japan

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 12.2% HSBC GLOBAL INV FUNDS GLOBAL SHORT DURATION HIGH YIELD BOND
  • 10.36% HGIF GEM LOCAL DEBT ZD
  • 5.08% ISHARES BARCLAYS CAP USD ASIA HIGHYLDBND
  • 3.78% TENCENT HLDGS LTD
  • 3.03% SAMSUNG ELECTRONICS CO
  • 2.46% GLENMARK PHARMACEUTICALS
  • 2.46% GLENMARK PHARMACEUTICALS
  • 2.45% CHINA LIFE INSURANCE CO
  • 2.28% ALIBABA GROUP HLDG LTD
  • 2.26% AIA GROUP LTD