Fact sheet: HSBC Merit UK Equity

Fund information

Fund name
HSBC Merit UK Equity A Inst Inc
Fund company manager
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OIC
Fund manager
HSBC Passive Equity Management Team
since 07/10/2015
Fund objective
The fund seeks to provide long term capital growth by investing in a diversified portfolio of UK 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
Value
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

20.49 %

1 Year rank in sector

155/273

Sector

UT UK All Companies

Yield

3.23

Fund size

£ 66.6 m

FE Risk score

97

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    98.74%
  • Net Current Assets
    1.26%
  • Financials
    19.61%
  • Consumer Goods
    17.75%
  • Consumer Services
    12.25%
  • Oil & Gas
    11.84%
  • Industrials
    10.19%
  • UK Equities
    98.74%
  • Money Market
    1.26%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.08 %7.87 %20.49 %19.81 %65.29 %
Sector-0.61 %9.29 %21.33 %24.63 %74.67 %
Rank within sector199 / 280185 / 278155 / 273201 / 259187 / 243
Quartile th3 rd3 rd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund6.91 %14.09 %0.62 %-0.19 %21.86 %
Sector8.23 %11.16 %3.66 %0.59 %25.66 %
Rank within sector184 / 278110 / 270200 / 262177 / 257177 / 250
Quartile th3 rd2 nd4 th3 rd3 rd

Risk statistics

Alpha-1.33
Beta0.99
Sharpe0.32
Volatility9.46
Tracking error3
Information ratio-0.49
R-Squared0.9

Price movement

52 week high121.5
52 week low96.56
Current bid price0
Current offer price0
Current mid price119.1

Holdings by region

  • 98.74% UK
  • 1.26% Net Current Assets

Holdings by sector

  • 19.61% Financials
  • 17.75% Consumer Goods
  • 12.25% Consumer Services
  • 11.84% Oil & Gas
  • 10.19% Industrials
  • 10.06% Health Care
  • 6.03% Basic Materials
  • 4.79% Telecommunications
  • 4.08% Utilities
  • 2.11% Technology

Holdings by asset type

  • 98.74% UK Equities
  • 1.26% Money Market

Individual holdings

  • 5.12% HSBC HOLDINGS PLC
  • 4.2% BRITISH AMERICAN TOBACCO PLC
  • 4.04% GLAXOSMITHKLINE PLC
  • 3.99% BP PLC
  • 3.83% ROYAL DUTCH SHELL