Morningstar Fund Report  | 01/04/2025Print

HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund IC (GBP)

Performance History28/02/2025
Growth of 1,000 (GBP) Advanced Graph
HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund IC (GBP)
Fund27.3-16.026.728.6-0.9
+/-Cat11.5-8.213.516.4-1.1
+/-B’mrk6.5-1.36.88.5-0.5
 
Category: Islamic Global Equity
Category Benchmark: DJ Islamic World TR USD
Key Stats
NAV
28/03/2025		 GBP 21.41
Day Change -1.86%
Morningstar Category™ Islamic Global Equity
IA (formerly IMA) Sector -
ISIN LU1569385302
Fund Size (Mil)
28/03/2025		 USD 2075.47
Share Class Size (Mil)
28/03/2025		 USD 743.00
Max Initial Charge 5.54%
Ongoing Charge
24/12/2024		  0.51%
Investment Objective: HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund IC (GBP)
The investment objective is to provide long-term capital appreciation through investment in a diversified portfolio of securities as defined by a relevant index. To achieve its objective, the Fund will invest in equity securities which meet Islamic investment principles of companies in the Index, by following a replication investment approach (investing in shares of companies generally in the same proportions as their weightings in the Index). The Fund may invest up to 10% of its assets in other Funds.
Returns
Trailing Returns (GBP)28/03/2025
YTD-9.99
3 Years Annualised8.52
5 Years Annualised16.58
10 Years Annualised-
12 Month Yield -
Management
Manager Name
Start Date
Not Disclosed
30/09/2016
Inception Date
30/03/2017

Category Benchmark
Fund BenchmarkMorningstar Benchmark
DJ Islamic Titans 100 World NR USDDJ Islamic World TR USD
Portfolio Profile for  HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund IC (GBP)31/12/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.830.0099.83
Bond0.000.000.00
Property0.000.000.00
Cash0.460.51-0.04
Other0.210.000.21
Top 5 Regions%
United States82.77
Eurozone3.78
Europe - ex Euro3.56
Japan2.56
Asia - Emerging2.32
Top 5 Sectors%
Technology41.11
Consumer Cyclical16.07
Healthcare13.57
Communication Services11.60
Consumer Defensive5.30
Top 5 HoldingsSector%
NVIDIA CorpTechnologyTechnology8.49
Apple IncTechnologyTechnology8.31
Microsoft CorpTechnologyTechnology7.98
Amazon.com IncConsumer CyclicalConsumer Cyclical6.82
Meta Platforms Inc Class ACommunication ServicesCommunication Services4.37
Increase Decrease New since last portfolio
HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund IC (GBP)
Growth Of 1000 (GBP) 28/02/2025
Fund:  HSBC Islamic Funds - HSBC Islamic Global Equity Index Fund IC (GBP)
Category:  Islamic Global Equity
Category Index:  DJ Islamic World TR USD
Growth of 1,000 GBP
Annual Returns (GBP)28/02/2025
 20192020202120222023202428/02
Price Return28.5422.9227.27-15.9626.6728.61-0.87
+/- Category11.6816.6311.50-8.1613.5316.40-1.09
+/- Category Index2.73-1.316.50-1.276.818.49-0.48
% Rank in Category333984567
Trailing Returns (GBP)28/03/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.86   -0.87-1.86
1 Week-2.63   -0.89-0.36
1 Month-9.21   -3.92-1.41
3 Months-11.16   -5.17-2.21
6 Months-2.30   -0.230.29
YTD-9.99   -4.93-1.58
1 Year3.27   5.152.88
3 Years Annualised8.52   5.032.79
5 Years Annualised16.58   7.783.07
10 Years Annualised-   --
 
Category: Islamic Global Equity
Category Index: DJ Islamic World TR USD
Quarterly Returns (GBP)28/02/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
202412.098.00-1.978.38
20239.657.710.826.39
2022-4.75-10.691.10-2.28
20211.529.292.7411.64
2020-8.6121.536.793.64
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighHigh5 star
5-YearHighAbove Average5 star
10-Year--Not Rated
OverallHighAbove Average5 star
 
Category :  Islamic Global EquityClick here to see our Methodology
Volatility Measurements28/02/2025
 
3-Yr Std Dev13.25 %
3-Yr Mean Return15.67 %
 
3-Yr Sharpe Ratio0.81
 
Modern Portfolio Statistics28/02/202528/02/2025
 Standard IndexBest Fit Index
 DJ Islamic World TR USD  Morningstar Gbl Growth TME NR USD
3-Yr Beta1.020.96
3-Yr Alpha3.493.19
 
Investment Style Details31/12/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 750413-
Market Capitalisation% of Equity
Giant78.31
Large21.69
Medium0.00
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings24.051.04
Price/Book6.441.19
Price/Sales4.341.19
Price/Cash Flow16.161.09
Dividend-Yield Factor1.260.90
 
Long-Term Projected Earnings Growth10.501.00
Historical Earnings Growth4.970.47
Sales Growth9.571.49
Cash-Flow Growth3.980.42
Book-Value Growth9.640.97
 
Category: Islamic Global Equity
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock99.830.0099.83
Bond0.000.000.00
Property0.000.000.00
Cash0.460.51-0.04
Other0.210.000.21
World Regions31/12/2024
 % of EquityRelative to Category
United States82.771.03
Canada0.000.00
Latin America0.00-
United Kingdom1.850.80
Eurozone3.780.82
Europe - ex Euro3.560.89
Europe - Emerging0.00-
Africa0.000.00
Middle East0.00-
Japan2.560.86
Australasia1.080.94
Asia - Developed2.101.04
Asia - Emerging2.321.11
 
Category: Islamic Global Equity
Sector Weightings31/12/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.940.62
Consumer CyclicalConsumer Cyclical16.071.11
Financial ServicesFinancial Services3.681.01
Real EstateReal Estate0.320.55
Consumer DefensiveConsumer Defensive5.300.96
HealthcareHealthcare13.570.95
Communication ServicesCommunication Services11.601.13
EnergyEnergy3.290.79
IndustrialsIndustrials3.120.63
TechnologyTechnology41.111.06
 
Category: Islamic Global Equity
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings107
Total Number of Bond Holdings0
Assets in Top 10 Holdings51.91
NameSectorCountry% of Assets
NVIDIA Corp311United States8.49
Apple Inc311United States8.31
Microsoft Corp311United States7.98
Amazon.com Inc102United States6.82
Meta Platforms Inc Class A308United States4.37
Alphabet Inc Class A308United States3.72
Tesla Inc102United States3.62
Broadcom Inc311United States3.51
Alphabet Inc Class C308United States3.05
Eli Lilly and Co206United States2.04
 
Increase Decrease New since last portfolio
Category: Islamic Global Equity
 
Management
Name of CompanyHSBC Investment Funds (Luxembourg) S.A.
Phone(+352) 40 46 46 767
Websitehttp://www.assetmanagement.hsbc.com
AddressC/O HSBC Securities Services (Luxembourg) S.A.
 Luxembourg   L-1160
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date30/03/2017
Fund Advisor(s)
HSBC Global Asset Management (UK) Ltd
Fund ManagerNot Disclosed
Manager Start Date30/09/2016
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.54%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.38%
Ongoing Charge0.51%
Purchase Details
Minimum Investments
Initial1000000  USD
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes