Fact sheet: HSBC MERIT US Equity

Fund information

Fund name
HSBC MERIT US Equity A Inst Acc
Fund company manager
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund manager
Natalie Joanne Kedgley
since 10/07/2015
Fund objective
The fund seeks to provide long term capital growth by investing in a diversified portfolio of US stocks. The fund aims to achieve its objective by adopting a quantitative investment process. This investment process seeks to invest in a wide range of companies that combine both attractive valuations with positive corporate earnings and price momentum signals. This style of investment process is called MERIT (Multi-Factor Enhanced Return Investment Technique). The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
No Specified Index
Investment style
Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

14.36 %

1 Year rank in sector

46/85

Sector

UT North America

Yield

1.28

Fund size

£ 99.5 m

FE Risk score

106

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    99.68%
  • Net Current Assets
    0.32%
  • Technology
    18.05%
  • Financials
    17.61%
  • Health Care
    14.42%
  • Consumer Services
    14.31%
  • Consumer Goods
    10.21%
  • US Equities
    99.68%
  • Money Market
    0.32%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.91 %-4.01 %14.36 %53.78 %118.22 %
Sector-1.84 %-3.37 %14.86 %51.59 %110.2 %
Rank within sector48 / 9055 / 8846 / 8532 / 7425 / 64
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Calendar performance

YTD-20172016201520142013
Fund1.06 %33.06 %5.16 %21.07 %31.27 %
Sector1.95 %31.22 %4.89 %17.78 %30.54 %
Rank within sector56 / 8638 / 8144 / 7921 / 7226 / 65
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Risk statistics

Alpha-0.06
Beta1.08
Sharpe1.13
Volatility12.24
Tracking error2
Information ratio0.52
R-Squared0.98

Price movement

52 week high342.2
52 week low284.6
Current bid price0
Current offer price0
Current mid price323.4

Holdings by region

  • 99.68% USA
  • 0.32% Net Current Assets

Holdings by sector

  • 18.05% Technology
  • 17.61% Financials
  • 14.42% Health Care
  • 14.31% Consumer Services
  • 10.21% Consumer Goods
  • 9.53% Industrials
  • 7.08% Oil & Gas
  • 2.97% Telecommunications
  • 2.88% Utilities
  • 2.62% Basic Materials

Holdings by asset type

  • 99.68% US Equities
  • 0.32% Money Market

Individual holdings

  • 3.25% APPLE INC
  • 2.39% MICROSOFT CORP
  • 2.08% EXXON MOBIL CORP
  • 1.94% JOHNSON & JOHNSON
  • 1.53% AT&T INC