HSBC Global Investment Funds - Asia Bond XC (GBP)

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Performance History31/05/2023
Growth of 1,000 (GBP) Advanced Graph
HSBC Global Investment Funds - Asia Bond XC (GBP)
Fund7.73.7-2.5-4.7-0.7
+/-Cat1.20.40.5-2.5-
+/-B’mrk-0.00.6-2.2-
 
Key Stats
NAV
14/06/2023
 GBP 8.22
Day Change -0.99%
Morningstar Category™ Asia Bond
IA (formerly IMA) Sector -
ISIN LU1437003137
Fund Size (Mil)
24/04/2024
 USD 333.87
Share Class Size (Mil)
14/06/2023
 USD 17.60
Max Initial Charge 3.10%
Ongoing Charge
24/07/2023
  0.62%
Morningstar Research
Analyst Report23/10/2023
Niki Wu, Senior Analyst
Morningstar, Inc

HSBC GIF Asia Bond has seen elevated turnover in the management team and its supporting cast since 2021. Together with an evolving investment process, the strategy retains its People and Process Pillar ratings of Average and maintains the...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent23
Process23
Performance
Price
Investment Objective: HSBC Global Investment Funds - Asia Bond XC (GBP)
The sub-fund aims to provide long term total return by investing in a portfolio of Asian bonds. The sub-fund invests in normal market conditions a minimum of 90% of its net assets in Investment Grade and Non-Investment Grade rated and unrated fixed income and other similar securities which are either issued or guaranteed by governments, government agencies and supranational bodies in Asia or by companies which are domiciled in, based in, or carry out the larger part of their business in, Asia. Investment in onshore Chinese fixed income securities include, but are not limited to, onshore fixed income securities denominated in RMB, issued within the People’s Republic of China (“PRC”) and traded on the China Interbank Bond Market (“CIBM”). The sub-fund may invest in the CIBM either through Bond Connect and/or the CIBM Initiative.
Returns
Trailing Returns (GBP)14/06/2023
YTD-3.29
3 Years Annualised-4.66
5 Years Annualised1.34
10 Years Annualised-
12 Month Yield -
Management
Manager Name
Start Date
Ming Leap
20/10/2021
Alfred Mui
29/06/2016
Inception Date
29/06/2016
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx Asian USD Dollar Bd TR USDMorningstar Asia USD Brd Mkt GR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  HSBC Global Investment Funds - Asia Bond XC (GBP)31/03/2024
Fixed Income
Effective Maturity8.21
Effective Duration5.37
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond104.832.41102.41
Property0.000.000.00
Cash121.95127.94-5.99
Other10.877.303.57

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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