HSBC Global Investment Funds - Euro Credit Bond IC

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Performance History30/11/2021
Growth of 1,000 (GBP) Advanced Graph
HSBC Global Investment Funds - Euro Credit Bond IC
Fund6.9-1.50.98.8-6.1
+/-Cat0.5-0.41.20.9-0.3
+/-B’mrk0.4-1.30.60.2-0.4
 
Key Stats
NAV
03/12/2021
 EUR 31.05
Day Change 0.17%
Morningstar Category™ EUR Corporate Bond
ISIN LU0165125831
Fund Size (Mil)
03/12/2021
 EUR 398.64
Share Class Size (Mil)
03/12/2021
 EUR 41.04
Max Initial Charge 3.10%
Ongoing Charge
17/11/2021
  0.62%
Morningstar Research
Analyst Report

HSBC GIF Euro Credit Bond boasts an experienced and stable team, employing an efficient investment process. The fund’s cheapest share classes earn Morningstar Analyst Ratings of Silver, with more-expensive shares earning a mix of Bronze (this...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleHigh
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: HSBC Global Investment Funds - Euro Credit Bond IC
The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities, denominated in Euro. The sub-fund will seek to invest primarily in Euro denominated Investment Grade corporate issues whilst reserving the possibility of investing in securities issued or guaranteed by governments, government agencies and supranational bodies. The sub-fund may invest up to 10% of its net assets in contingent convertible securities, however this is not expected to exceed 5%. The sub-fund may also invest in financial derivative instruments such as futures, options, swaps (including, but not limited to, credit default swaps) and forward currency contracts and in other currency and credit derivatives.
Returns
Trailing Returns (GBP)03/12/2021
YTD-5.70
3 Years Annualised1.37
5 Years Annualised2.18
10 Years Annualised4.40
12 Month Yield 0.00
Management
Manager Name
Start Date
Jean-Olivier Neyrat
01/05/2009
Inception Date
04/04/2003
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx EUR Corp TRBloomberg Euro Corp 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 Credit Bond IC31/10/2021
Fixed Income
Effective Maturity6.28
Effective Duration4.32
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond88.4223.2165.21
Property0.000.000.00
Cash43.6620.5523.11
Other11.710.0211.68

Related

* This share class has performance data calculated prior to the inception date, 2003-04-04. 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)