HSBC Global Investment Funds - Euro High Yield Bond BC

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Performance History30/06/2024
Growth of 1,000 (GBP) Advanced Graph
HSBC Global Investment Funds - Euro High Yield Bond BC
Fund8.6-4.8-5.55.41.2
+/-Cat1.7-1.1-0.3-2.41.0
+/-B’mrk0.4-1.70.2-4.40.5
 
Key Stats
NAV
24/07/2024
 EUR 13.91
Day Change -0.35%
Morningstar Category™ EUR High Yield Bond
ISIN LU0954271200
Fund Size (Mil)
24/07/2024
 EUR 742.37
Share Class Size (Mil)
24/07/2024
 EUR 20.25
Max Initial Charge 3.10%
Ongoing Charge
19/06/2024
  0.79%
Morningstar Research
Analyst Report25/06/2024
Jeana Marie Doubell, Analyst
Morningstar, Inc

HSBC Euro High Yield Bond continues to be led by the impressive Philippe Igigabel, who expertly implements the strategy's highly disciplined investment approach. The fund retains its Morningstar Analyst Rating of Gold for its cheaper share...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People25
Parent23
Process25
Performance
Price
Investment Objective: HSBC Global Investment Funds - Euro High Yield Bond BC
The sub-fund aims to provide long term total return by investing in a portfolio of Euro denominated high yielding bonds, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund aims to do this with a higher ESG rating, calculated as a weighted average of the ESG ratings given to the issuers of the sub-fund’s investments, than the weighted average of the constituents of the ICE BofA Euro High Yield BB-B Constrained1 (the “Reference Benchmark”). The sub-fund invests (normally a minimum of 90% of its net assets) in Non-Investment Grade rated fixed income securities and other higher yielding securities (including unrated bonds) which are either issued by companies or issued or guaranteed by government, government agencies or supranational bodies in both developed markets and Emerging Markets. These securities are denominated in Euro and, on an ancillary basis (normally up to 10% of the sub-fund's net assets), in other developed market currencies.
Returns
Trailing Returns (GBP)24/07/2024
YTD1.35
3 Years Annualised-0.35
5 Years Annualised0.11
10 Years Annualised3.36
12 Month Yield 0.00
Management
Manager Name
Start Date
Philippe Igigabel
15/10/2003
Sophie Sentilhes
01/01/2015
Inception Date
07/11/2013
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA BB-B EUR HY Constnd TR EURMorningstar EZN HY Bd GR EUR
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 - Euro High Yield Bond BC30/06/2024
Fixed Income
Effective Maturity3.76
Effective Duration2.71
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond94.030.0094.03
Property0.000.000.00
Cash58.4755.013.47
Other3.020.522.50

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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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