Fact sheet: HSBC GIFAsiaExJapEqSmCos

Fund information

Fund name
HSBC GIF Asia Ex Japan Equity Smaller Companies AD USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Man Chung Kwan
since 01/07/2012
Ka Wai Elina Fung
since 01/07/2012
Fund objective
The sub-fund aims to provide long term capital growth by investing in a portfolio of Asian (excluding Japanese) smaller company equities.The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, or carry out the larger part of their business activities in Asia (excluding Japan) including both developed markets such as OECD countries and Emerging Markets.The sub-fund will invest a minimum of 70% of its net assets in equities and equity equivalent securities of smaller companies defined as those in the bottom 25% by market capitalisation of the Asia ex Japan universe (made of the combination of the MSCI AC Asia ex Japan index and the MSCI AC Asia ex Japan Small Cap index).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 may invest 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 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.
Benchmark
MSCI Asia Pacific Ex Japan Small Cap
Investment style
None
Investment method
Shares

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

27.24 %

1 Year rank in sector

31/181

Sector

FO Equity - Asia Pacific ex Japan

Yield
-
Fund size

£ 1.6 b

FE Risk score

138

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Taiwan
    19.59%
  • Hong Kong
    18.58%
  • China
    17.98%
  • India
    14.88%
  • Korea
    10.85%
  • Consumer Discretionary
    21.97%
  • Industrials
    16.8%
  • Information Technology
    14.2%
  • Materials
    11.31%
  • Financials
    7.18%
  • Taiwanese Equities
    19.59%
  • Hong Kong Equities
    18.58%
  • Chinese Equities
    17.98%
  • Indian Equities
    14.88%
  • South Korean Equities
    10.85%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.96 %15.89 %27.24 %46.62 %118.75 %
Sector1.65 %14.4 %19.33 %28.47 %43.63 %
Rank within sector133 / 18482 / 18331 / 18131 / 1602 / 130
Quartile th3 rd2 nd1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund35.65 %10.33 %0.69 %9.54 %24.46 %
Sector26.79 %6.44 %-6.76 %5.52 %3.31 %
Rank within sector37 / 18242 / 16836 / 16048 / 1523 / 138
Quartile th1 st1 st1 st2 nd1 st

Risk statistics

Alpha2.52
Beta1.21
Sharpe0.39
Volatility17.13
Tracking error7.8
Information ratio0.43
R-Squared0.81

Price movement

52 week high72.468
52 week low52.465
Current bid price0
Current offer price0
Current mid price71.982

Holdings by region

  • 19.59% Taiwan
  • 18.58% Hong Kong
  • 17.98% China
  • 14.88% India
  • 10.85% Korea
  • 6.95% Money Market
  • 3.05% Indonesia
  • 2.32% Singapore
  • 2.23% Thailand
  • 2.07% Malaysia

Holdings by sector

  • 21.97% Consumer Discretionary
  • 16.8% Industrials
  • 14.2% Information Technology
  • 11.31% Materials
  • 7.18% Financials
  • 7.05% Real Estate
  • 6.95% Money Market
  • 5.11% Health Care
  • 4.84% Utilities
  • 2.17% Consumer Staples

Holdings by asset type

  • 19.59% Taiwanese Equities
  • 18.58% Hong Kong Equities
  • 17.98% Chinese Equities
  • 14.88% Indian Equities
  • 10.85% South Korean Equities
  • 6.95% Money Market
  • 3.05% Indonesian Equities
  • 2.32% Singapore Equities
  • 2.23% Thai Equities
  • 2.07% Malaysian Equities

Individual holdings

  • 1.72% MACRONIX INTL CO LTD
  • 1.48% CHINA YONGDA AUTOMOBILES SER
  • 1.48% TCC HONG KONG CEMENT (1136) ORDINARY HKD 0.10 (CHINA)
  • 1.48% ZHONGSHENG GROUP HOLDINGS LIMITED
  • 1.37% TEXHONG TEXTILE GROUP LTD
  • 1.27% CHINA STATE CONSTRUCTION INTL HLDG
  • 1.23% KANGDE XIN COMPOSITE MATER-A
  • 1.22% KINGBOARD CHEMICAL HLDG
  • 1.22% XINYI GLASS HLDGS
  • 1.21% WISDOM ED INTL HLDGS CO LTD