Fact sheet: HSBC GIFEconScaleIxGEMEq

Fund information

Fund name
HSBC GIF Economic Scale Index GEM Equity AC USD GBP
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager
HSBC Passive Equity Management Team
since 01/01/2016
Fund objective
The sub-fund aims to track the HSBC Economic Scale Index Emerging Markets (the "GEM Index") by investing in securities that are included in the GEM Index. The sub-fund will use a Full Replication strategy to track the GEM Index. The Investment Adviser may also decide to employ a strategy of Optimised Replication in specific circumstances, including but not limited to, the size of the sub-fund. The Optimised Replication strategy involves the acquisition of a subset of the component securities of the GEM Index and possibly of some securities that are not included in the GEM Index that are designed to help the sub-fund track the performance of the GEM Index. The sub-fund may also invest in financial derivative instruments for hedging purposes and cash flow management (i.e. equitisation). Where the sub-fund may be restricted to invest in certain component securities of the GEM Index, due to HSBC Group and/or local regulator restrictions, the sub-fund may use financial derivative instruments (e.g. contracts for difference) to achieve exposure to such components.
Benchmark
HSBC Economic Scale Emerging Markets
Investment style
Passive/Tracking
Investment method
Physical - Full,Shares

Quick stats

1 Year return

21.5 %

1 Year rank in sector

141/273

Sector

FO Equity - Emerging Markets

Yield
-
Fund size

£ 456.0 m

FE Risk score

138

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    27.61%
  • Others
    14.72%
  • India
    13.66%
  • Russia
    9.72%
  • Taiwan
    8.3%
  • Financials
    24.33%
  • Energy
    17.71%
  • Information Technology
    11.62%
  • Telecommunications Utilities
    11.06%
  • Materials
    9.07%
  • Chinese Equities
    27.61%
  • International Equities
    14.72%
  • Indian Equities
    13.66%
  • Russian Equities
    9.72%
  • Taiwanese Equities
    8.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.06 %6.17 %20.5 %31.16 %0 %
Sector3.4 %14.08 %19.92 %4.46 %22.51 %
Rank within sector219 / 285255 / 279141 / 27327 / 225 /
Quartile th4 th4 th3 rd1 st th

Calendar performance

YTD-20172016201520142013
Fund10 %43.22 %-15.9 %6.97 %0 %
Sector19.71 %10.7 %-14.35 %-1.42 %-0.73 %
Rank within sector252 / 2791 / 260177 / 23540 / 209 /
Quartile th4 th1 st4 th1 st th

Risk statistics

Alpha8.72
Beta1.11
Sharpe0.33
Volatility17.52
Tracking error9.11
Information ratio0.91
R-Squared0.73

Price movement

52 week high8.489
52 week low6.819
Current bid price0
Current offer price0
Current mid price8.435

Holdings by region

  • 27.61% China
  • 14.72% Others
  • 13.66% India
  • 9.72% Russia
  • 8.3% Taiwan
  • 7.22% Korea
  • 6.71% Brazil
  • 4.02% South Africa
  • 2.86% Thailand
  • 2.82% Mexico

Holdings by sector

  • 24.33% Financials
  • 17.71% Energy
  • 11.62% Information Technology
  • 11.06% Telecommunications Utilities
  • 9.07% Materials
  • 6.49% Industrials
  • 5.62% Consumer Discretionary
  • 5.6% Consumer Staples
  • 4.23% Utilities
  • 2.36% Money Market

Holdings by asset type

  • 27.61% Chinese Equities
  • 14.72% International Equities
  • 13.66% Indian Equities
  • 9.72% Russian Equities
  • 8.3% Taiwanese Equities
  • 7.22% South Korean Equities
  • 6.71% Brazilian Equities
  • 4.02% South African Equities
  • 2.86% Thai Equities
  • 2.82% Mexican Equities

Individual holdings

  • 2.93% PETROCHINA CO
  • 2.52% INDUSTRIAL & COM BK CHINA
  • 2.33% GAZPROM OAO
  • 1.99% CHINA CONSTRUCTION BANK
  • 1.92% AGRICULTURAL BANK OF CHINA
  • 1.88% CHINA MOBILE LTD
  • 1.72% CHINA PETROLEUM & CHEMICAL CORP
  • 1.5% BANK OF CHINA LTD
  • 1.44% SAMSUNG ELECTRONICS CO
  • 1.26% ROSNEFT OIL CO