Morningstar Fund Report  | 05/04/2025Print

HSBC American Index Fund Accumulation C

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
HSBC American Index Fund Accumulation C
Fund31.1-8.919.326.9-8.4
+/-Cat4.80.52.03.8-0.5
+/-B’mrk4.00.90.10.1-0.9
 
Category: US Large-Cap Blend Equity
Category Benchmark: Morningstar US Large-Mid NR...
Key Stats
NAV
04/04/2025		 GBP 11.52
Day Change -3.24%
Morningstar Category™ US Large-Cap Blend Equity
IA (formerly IMA) Sector North America
ISIN GB00B80QG615
Fund Size (Mil)
04/04/2025		 GBP 13825.40
Share Class Size (Mil)
04/04/2025		 GBP 7390.29
Max Initial Charge -
Ongoing Charge
18/02/2025		  0.06%
Morningstar Research
Analyst Report03/03/2025
Madeleine Black, Associate Analyst
Morningstar, Inc

The HSBC American Index tracks the S&P 500, a market-cap-weighted US large-cap equity index. The fund's low fee and a soundly constructed and reasonably representative portfolio leave the fund well positioned to continue its long streak of...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process25
Performance
Price
Investment Objective: HSBC American Index Fund Accumulation C
The Fund aims to track the performance of the S&P 500 Index (the “Index”) before the deduction of charges and tax. To achieve its investment objective, the Fund will invest directly in shares (equities) of companies that make up the S&P 500 Index. The Fund may also invest in the following assets which are not part of the Index: - cash to manage day-to-day cash flow requirements; - units or shares of collective investment schemes, including collective investment schemes managed or operated by the HSBC Group in order in order to manage day-to day cash flows; - equity related securities such as American Depositary Receipts and Global Depositary Receipts (which are certificates typically issued by a bank or trust company evidencing ownership of shares of a non-US issuer) in order to achieve exposure to a stock instead of using a physical security.
Returns
Trailing Returns (GBP)04/04/2025
YTD-14.35
3 Years Annualised6.37
5 Years Annualised15.85
10 Years Annualised12.81
12 Month Yield 1.09
Management
Manager Name
Start Date
Not Disclosed
30/09/2016
Inception Date
03/09/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
S&P 500 TR GBPMorningstar US Large-Mid NR USD
Portfolio Profile for  HSBC American Index Fund Accumulation C31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock100.000.00100.00
Bond0.000.000.00
Property0.000.000.00
Cash8.928.930.00
Other0.000.000.00
Top 5 Regions%
United States99.48
Europe - ex Euro0.30
Eurozone0.15
Asia - Developed0.03
United Kingdom0.03
Top 5 Sectors%
Technology31.15
Financial Services14.13
Healthcare11.16
Consumer Cyclical10.44
Communication Services9.36
Top 5 HoldingsSector%
Apple IncTechnologyTechnology6.87
Microsoft CorpTechnologyTechnology5.91
NVIDIA CorpTechnologyTechnology5.63
Amazon.com IncConsumer CyclicalConsumer Cyclical3.81
Meta Platforms Inc Class ACommunication ServicesCommunication Services2.65
Increase Decrease New since last portfolio
HSBC American Index Fund Accumulation C
Growth Of 1000 (GBP) 31/03/2025
Fund:  HSBC American Index Fund Accumulation C
Category:  US Large-Cap Blend Equity
Category Index:  Morningstar US Large-Mid NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-0.4927.2114.1031.07-8.8919.2626.95-8.35
+/- Category0.943.800.004.810.542.033.77-0.51
+/- Category Index-1.321.42-2.663.980.900.130.15-0.89
% Rank in Category4712551240372263
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.24   -0.083.13
1 Week-8.46   -3.76-1.69
1 Month-12.28   -1.96-1.14
3 Months-14.76   -3.54-0.19
6 Months-6.46   -2.59-1.19
YTD-14.35   -3.78-1.59
1 Year-1.18   -1.27-1.11
3 Years Annualised6.37   -0.26-0.22
5 Years Annualised15.85   0.29-0.38
10 Years Annualised12.81   1.160.28
 
Category: US Large-Cap Blend Equity
Category Index: Morningstar US Large-Mid NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-8.35---
202411.234.36-1.0010.47
20232.956.621.247.32
2022-0.88-11.116.08-2.52
20215.547.805.119.60
2020-12.6417.764.795.85
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageBelow Average5 star
5-YearAbove AverageBelow Average4 star
10-YearAbove AverageAverage4 star
Overall*Above AverageAverage4 star
 
Category :  US Large-Cap Blend EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.30 %
3-Yr Mean Return9.24 %
 
3-Yr Sharpe Ratio0.40
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar US Large-Mid NR USD  Morningstar US TME NR USD
3-Yr Beta0.820.82
3-Yr Alpha0.02-0.03
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 243598-
Market Capitalisation% of Equity
Giant47.29
Large33.97
Medium18.05
Small0.69
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings20.940.93
Price/Book4.110.84
Price/Sales2.760.99
Price/Cash Flow14.110.89
Dividend-Yield Factor1.511.13
 
Long-Term Projected Earnings Growth10.310.88
Historical Earnings Growth9.340.81
Sales Growth7.900.90
Cash-Flow Growth6.930.98
Book-Value Growth8.680.85
 
Category: US Large-Cap Blend Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock100.000.00100.00
Bond0.000.000.00
Property0.000.000.00
Cash8.928.930.00
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States99.481.02
Canada0.000.00
Latin America0.000.00
United Kingdom0.030.15
Eurozone0.150.20
Europe - ex Euro0.300.58
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.000.00
Australasia0.00-
Asia - Developed0.030.29
Asia - Emerging0.000.00
 
Category: US Large-Cap Blend Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.780.83
Consumer CyclicalConsumer Cyclical10.440.97
Financial ServicesFinancial Services14.130.97
Real EstateReal Estate2.260.99
Consumer DefensiveConsumer Defensive5.971.15
HealthcareHealthcare11.160.97
UtilitiesUtilities2.711.30
Communication ServicesCommunication Services9.361.00
EnergyEnergy3.651.39
IndustrialsIndustrials7.390.98
TechnologyTechnology31.150.98
 
Category: US Large-Cap Blend Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings502
Total Number of Bond Holdings0
Assets in Top 10 Holdings33.53
NameSectorCountry% of Assets
Apple Inc311United States6.87
Microsoft Corp311United States5.91
NVIDIA Corp311United States5.63
Amazon.com Inc102United States3.81
Meta Platforms Inc Class A308United States2.65
Berkshire Hathaway Inc Class B103United States2.02
Alphabet Inc Class A308United States1.89
Broadcom Inc311United States1.66
Tesla Inc102United States1.55
Alphabet Inc Class C308United States1.55
 
Increase Decrease New since last portfolio
Category: US Large-Cap Blend Equity
 
Management
Name of CompanyHSBC Asset Management (Fund Services UK) Limited
Phone-
Website -
AddressHSBC Asset Management (Fund Services UK) Limited
 -   -
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date03/09/2012
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 Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.04%
Ongoing Charge0.06%
Purchase Details
Minimum Investments
Initial1000000  GBP
Additional500  GBP
Savings-
Tax Free Savings Schemes
ISAsYes