HSBC Global Investment Funds - Euroland Equity Smaller Companies AC

Performance History30/04/2020
Growth of 1,000 (GBP) Advanced Graph
HSBC Global Investment Funds - Euroland Equity Smaller Companies AC
Fund17.428.8-19.722.7-22.9
+/-Cat0.13.3-1.43.3-7.6
+/-B’mrk-2.72.9-4.72.4-6.5
 
Category: Eurozone Mid-Cap Equity
Category Benchmark: MSCI EMU SMID NR EUR
Key Stats
NAV
27/05/2020		 EUR 66.72
Day Change 1.48%
Morningstar Category™ Eurozone Mid-Cap Equity
ISIN LU0165073775
Fund Size (Mil)
27/05/2020		 EUR 255.95
Share Class Size (Mil)
27/05/2020		 EUR 87.61
Max Initial Charge 5.00%
Ongoing Charge
11/02/2020		  1.85%
Investment Objective: HSBC Global Investment Funds - Euroland Equity Smaller Companies AC
The sub-fund seeks long-term total return by investing (normally a minimum of 90% of its net assets) in a portfolio of equity and equity equivalent securities of smaller and mid-sized companies which are based in any Eurozone member country. Smaller and mid-sized companies are those companies whose market capitalisation generally comprises the lowest tier of the aggregate Eurozone market, defined as companies whose market capitalisation is below EUR 10 billion as well as companies within the MSCI EMU SMID index. The sub-fund may use financial derivative instruments for hedging and cash flow management (for example, Equitisation). However, the sub-fund will not use financial derivative instruments extensively for investment purposes. The financial derivative instruments the sub-fund is permitted to use include, but are not limited to, futures and foreign exchange forwards (including non-deliverable forwards).
Returns
Trailing Returns (GBP)27/05/2020
YTD-17.54
3 Years Annualised-4.68
5 Years Annualised4.01
10 Years Annualised7.62
12 Month Yield 0.00
Management
Manager Name
Start Date
Eve Navarre
22/05/2019
Inception Date
12/05/2003
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EMU SMID NR USDMSCI EMU SMID NR 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 - Euroland Equity Smaller Companies AC31/01/2020
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.540.0096.54
Bond0.000.000.00
Property0.000.000.00
Cash14.6111.133.48
Other0.000.02-0.02
Top 5 Regions%
Eurozone96.22
United Kingdom2.40
United States1.38
Canada0.00
Latin America0.00
Top 5 Sectors%
Industrials22.33
Financial Services14.05
Real Estate13.30
Technology12.79
Communication Services9.86
Top 5 HoldingsSector%
Teleperformance SEIndustrialsIndustrials4.07
Barco NVTechnologyTechnology3.73
Aroundtown SAReal EstateReal Estate3.68
TAG Immobilien AGReal EstateReal Estate3.50
Orpea SAHealthcareHealthcare3.34
Increase Decrease New since last portfolio
HSBC Global Investment Funds - Euroland Equity Smaller Companies AC

Related

Equity Research & Insights
Top 20 FTSE Dividend Paying Stocks
UPDATED May 2020: Shell and BT have joined the list of those companies cutting or freezing dividends
James Gard
Fund Research & Insights
Funds That Buy Like Warren Buffett
Warren Buffett's track record may be hard to match, but plenty of UK funds own his favourite stocks, including Apple, Coca-Cola and Kraft Heinz
James Gard
Equity Research & Insights
13 Stocks With Strong Balance Sheets
The coronavirus crisis has been tough for debt-ridden companies, but a number of FTSE firms are in rude health and look undervalued after the sell-off...
James Gard
Fund Rating News
Morningstar Fund Ratings: Weekly Round-up
An Amundi Latin America ETF and a number of JPMorgan funds are upgraded in this week's sweep of rating changes by Morningstar analysts 
Briegel Leitao
Bond Investing
How Bond Funds Fared in the Sell-Off
The March sell-off hit the bond market hard, but there were some winners among fixed income funds
Mara Dobrescu
Fund Research & Insights
Which Funds Have Beaten Their Rivals?
During a sell-off, it's important to pay attention to how a fund has performed against its peers. We look at some of the best outperformers and those ...
Holly Black
Special Report
Robo-Advice Options for Investors
Younger people are increasingly turning towards automated online financial advice solutions, but there are many factors to consider when going down th...
James Gard
The Week
UK Banks Forced to Do the Right Thing
The Week: Order to stop banks paying dividends was painful for investors but the correct decision, says Morningstar columnist Rodney Hobson
Rodney Hobson
ETF Research & Insights
How ESG ETFs Have Performed in the Sell-Off
Can screening for sustainable funds protect you in a stock market sell-off? Morningstar analysts look at the numbers
Briegel Leitao
Equity Research & Insights
UK Banks Forced to Ditch Dividends
Latest blow to UK income seekers as UK's biggest banks forced by regulators to cancel 2019 and 2020 dividends
James Gard
* This share class has performance data calculated prior to the inception date, 2003-05-12. This is based upon a simulated/extended track record and is in accordance with Morningstar’s Extended Performance Methodology paper. To find out more about this, click here.
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)

Audience Confirmation

By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.
  • Other Morningstar Websites
© Copyright 2020 Morningstar, Inc. All rights reserved.      Terms of Use     Privacy Policy.    Cookie Consent
© Copyright 2020 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Member User Agreement        Cookies

The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value. Four components drive the Star Rating: (1) our assessment of the firm’s economic moat, (2) our estimate of the stock’s fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culminates in a single-point star rating that is updated daily. A 5-star represents a belief that the stock is a good value at its current price; a 1-star stock isn't. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Morningstar Star Rating for Stocks, please visit here

Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. The Quantitative Fair Value Estimate is calculated daily. It is a projection/opinion and not a statement of fact. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Quantiative Fair Value Estimate, please visit here