Morningstar Fund Report  | 05/04/2025Print

HSBC European Index Fund Accumulation C

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
HSBC European Index Fund Accumulation C
Fund16.4-7.215.12.46.9
+/-Cat1.01.51.61.41.6
+/-B’mrk-0.80.30.10.4-0.9
 
Category: Europe ex-UK Equity
Category Benchmark: Morningstar DM Eur xUK TME ...
Key Stats
NAV
03/04/2025		 GBP 14.16
Day Change -1.28%
Morningstar Category™ Europe ex-UK Equity
IA (formerly IMA) Sector Europe Excluding UK
ISIN GB00B80QGH28
Fund Size (Mil)
03/04/2025		 GBP 5368.15
Share Class Size (Mil)
03/04/2025		 GBP 2401.10
Max Initial Charge -
Ongoing Charge
18/02/2025		  0.07%
Investment Objective: HSBC European Index Fund Accumulation C
The Fund aims to track the performance of the FTSE Developed Europe excluding UK 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 FTSE Developed Europe excluding UK 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 to manage day-to-day cash flow requirements; - 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)03/04/2025
YTD5.88
3 Years Annualised7.65
5 Years Annualised13.04
10 Years Annualised7.68
12 Month Yield 2.90
Management
Manager Name
Start Date
Not Disclosed
10/07/2015
Inception Date
03/09/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE Developed Europe ex UK NR GBPMorningstar DM Eur xUK TME NR EUR
Portfolio Profile for  HSBC European Index Fund Accumulation C28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.940.0099.94
Bond0.000.000.00
Property0.000.000.00
Cash12.3912.42-0.03
Other0.090.000.09
Top 5 Regions%
Eurozone65.47
Europe - ex Euro33.09
Europe - Emerging0.79
United States0.65
United Kingdom0.01
Top 5 Sectors%
Financial Services21.17
Industrials18.67
Healthcare15.32
Technology10.49
Consumer Cyclical9.65
Top 5 HoldingsSector%
SAP SETechnologyTechnology3.32
ASML Holding NVTechnologyTechnology3.08
Novo Nordisk AS Class BHealthcareHealthcare3.02
Nestle SAConsumer DefensiveConsumer Defensive2.73
Roche Holding AGHealthcareHealthcare2.50
Increase Decrease New since last portfolio
HSBC European Index Fund Accumulation C
Growth Of 1000 (GBP) 31/03/2025
Fund:  HSBC European Index Fund Accumulation C
Category:  Europe ex-UK Equity
Category Index:  Morningstar DM Eur xUK TME NR EUR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-9.6221.058.9216.40-7.2015.122.386.88
+/- Category2.141.80-0.450.981.541.601.381.59
+/- Category Index--1.02-0.830.270.130.37-0.85
% Rank in Category2430384444353437
Trailing Returns (GBP)03/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-1.28   -0.010.67
1 Week-3.07   0.220.11
1 Month-4.66   0.620.47
3 Months5.50   2.10-0.46
6 Months1.90   2.35-0.34
YTD5.88   2.11-0.50
1 Year2.55   3.480.90
3 Years Annualised7.65   1.990.17
5 Years Annualised13.04   1.070.21
10 Years Annualised7.68   0.650.43
 
Category: Europe ex-UK Equity
Category Index: Morningstar DM Eur xUK TME NR EUR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20256.88---
20246.200.240.38-4.18
20237.680.66-1.327.63
2022-6.59-10.46-1.4312.56
20212.067.801.174.57
2020-18.1419.571.619.52
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAverage4 star
5-YearAbove AverageAverage4 star
10-YearAbove AverageAverage3 star
Overall*Above AverageAverage4 star
 
Category :  Europe ex-UK EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev12.58 %
3-Yr Mean Return8.59 %
 
3-Yr Sharpe Ratio0.34
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar DM Eur xUK TME NR EUR  Morningstar DM Eur xUK TME NR EUR
3-Yr Beta0.990.99
3-Yr Alpha-0.12-0.12
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 51792-
Market Capitalisation% of Equity
Giant49.76
Large36.18
Medium13.92
Small0.13
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings15.070.95
Price/Book2.050.90
Price/Sales1.570.95
Price/Cash Flow10.580.93
Dividend-Yield Factor3.481.07
 
Long-Term Projected Earnings Growth10.121.00
Historical Earnings Growth5.540.74
Sales Growth2.840.79
Cash-Flow Growth2.270.74
Book-Value Growth5.290.95
 
Category: Europe ex-UK Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.940.0099.94
Bond0.000.000.00
Property0.000.000.00
Cash12.3912.42-0.03
Other0.090.000.09
World Regions28/02/2025
 % of EquityRelative to Category
United States0.650.38
Canada0.000.00
Latin America0.00-
United Kingdom0.010.00
Eurozone65.470.97
Europe - ex Euro33.091.14
Europe - Emerging0.791.97
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.00-
 
Category: Europe ex-UK Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials5.540.84
Consumer CyclicalConsumer Cyclical9.650.95
Financial ServicesFinancial Services21.171.06
Real EstateReal Estate1.311.71
Consumer DefensiveConsumer Defensive7.741.20
HealthcareHealthcare15.321.07
UtilitiesUtilities3.611.50
Communication ServicesCommunication Services3.961.01
EnergyEnergy2.541.06
IndustrialsIndustrials18.670.89
TechnologyTechnology10.490.87
 
Category: Europe ex-UK Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings417
Total Number of Bond Holdings0
Assets in Top 10 Holdings23.76
NameSectorCountry% of Assets
SAP SE311Germany3.32
ASML Holding NV311Netherlands3.08
Novo Nordisk AS Class B206Denmark3.02
Nestle SA205Switzerland2.73
Roche Holding AG206Switzerland2.50
Novartis AG Registered Shares206Switzerland2.38
Lvmh Moet Hennessy Louis Vuitton SE102France1.95
Siemens AG310Germany1.87
Allianz SE103Germany1.49
Schneider Electric SE310France1.42
 
Increase Decrease New since last portfolio
Category: Europe ex-UK 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 Date10/07/2015
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.03%
Ongoing Charge0.07%
Purchase Details
Minimum Investments
Initial1000000  GBP
Additional500  GBP
Savings-
Tax Free Savings Schemes
ISAsYes