HSBC Global Investment Funds - Euro High Yield Bond AC

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Performance History31/08/2021
Growth of 1,000 (GBP) Advanced Graph
HSBC Global Investment Funds - Euro High Yield Bond AC
Fund9.4-2.23.18.0-2.7
+/-Cat-0.91.00.41.1-1.4
+/-B’mrk-1.70.6-2.0-0.1-2.2
 
Key Stats
NAV
20/09/2021
 EUR 46.45
Day Change 0.68%
Morningstar Category™ EUR High Yield Bond
ISIN LU0165128348
Fund Size (Mil)
20/09/2021
 EUR 1852.54
Share Class Size (Mil)
20/09/2021
 EUR 110.79
Max Initial Charge 3.10%
Ongoing Charge
09/09/2021
  1.35%
Morningstar Research
Analyst Report

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
PeopleHigh
ParentAverage
ProcessHigh
Performance
Price
Investment Objective: HSBC Global Investment Funds - Euro High Yield Bond AC
The sub-fund aims to provide long term total return by investing in a portfolio of Euro denominated high yielding bonds. 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. The sub-fund may invest up to 15% of its net assets in contingent convertible securities, however this is not expected to exceed 10%. The sub-fund may achieve its investment policy by investing up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other sub-funds of HSBC Global Investment Funds).
Returns
Trailing Returns (GBP)20/09/2021
YTD-2.69
3 Years Annualised2.26
5 Years Annualised2.94
10 Years Annualised6.22
12 Month Yield 0.00
Management
Manager Name
Start Date
Philippe Igigabel
15/10/2003
Sophie Sentilhes
01/01/2015
Inception Date
04/04/2003
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA BB-B EUR HY Constnd TR EURBloomberg Pan Euro HY Euro TR 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 AC31/07/2021
Fixed Income
Effective Maturity3.48
Effective Duration3.03
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond87.700.9486.76
Property0.000.000.00
Cash24.0818.505.58
Other7.840.187.66

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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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