Fact sheet: HSBC GIF MS AsiaFocsd Cons

Fund information

Fund name
HSBC GIF Managed Solutions Asia Focused Conservative 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 fixed income and equity 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 fixed income and equity 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 emerging market bonds, 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 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 also 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 15% of its nets assets in China A-shares through the Shanghai-Hong Kong Stock Connect and up to 15% 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 15% 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 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
Cautious,Growth
Investment method
None

Quick stats

1 Year return

6.56 %

1 Year rank in sector

20/102

Sector

FO Mixed Asset - Cautious

Yield
-
Fund size

£ 35.6 m

FE Risk score

90

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    33.91%
  • Hong Kong
    28.01%
  • USA
    11.12%
  • UK
    9.79%
  • Money Market
    4.61%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.18 %4.16 %6.56 %14.61 %0 %
Sector0.99 %2.55 %4.39 %10.83 %18.07 %
Rank within sector105 / 10923 / 10720 / 10224 / 81 /
Quartile th4 th1 st1 st2 nd th

Calendar performance

YTD-20172016201520142013
Fund9.59 %6.41 %-0.97 %4.66 %0 %
Sector4.67 %3.63 %-0.7 %4.28 %4.19 %
Rank within sector4 / 10329 / 9450 / 8336 / 66 /
Quartile th1 st2 nd3 rd3 rd th

Risk statistics

Alpha1.95
Beta0.99
Sharpe0.23
Volatility4.67
Tracking error3.01
Information ratio0.62
R-Squared0.58

Price movement

52 week high11.865
52 week low10.74
Current bid price0
Current offer price0
Current mid price11.848

Holdings by region

  • 33.91% China
  • 28.01% Hong Kong
  • 11.12% USA
  • 9.79% UK
  • 4.61% Money Market
  • 3.46% Korea
  • 2.52% India
  • 2.13% Others
  • 1.91% Japan
  • 1.37% Thailand

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 15.36% HSBC GIF ASIA EX JAPAN EQUITY ZD
  • 14.82% HONG KONG MONETARY AUTHORITY 0.27% BDS 18/12/17 HKD50000
  • 9.79% HSBC GLOBAL INV FUNDS GLOBAL SHORT DURATION HIGH YIELD BOND
  • 4.8% HGIF GEM LOCAL DEBT ZD
  • 3.44% HONG KONG GOVT SPL ADMINISTRATIVE 0.93% BDS 19/02/18 HKD50000
  • 3.36% US TREASURY N/B 0.8750 31-MAY-18
  • 2.96% US TREASURY N/B 3.0000 15-FEB-47
  • 1.91% HSBC GIF - ECONOMIC SCALE INDEX JAPAN EQUITY - ZD CLASS (USD)
  • 0.79% BANGKOK BANK PUBLIC CO(HK) 9.025% SUB NOTES 15/3/2029 USD1000
  • 0.78% RELIANCE HOLDINGS USA INC 5.4% BDS 14/02/22 USD1000 144A