Morningstar Fund Report  | 23/04/2025Print

HSBC FTSE All-Share Index Fund Institutional Income

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
HSBC FTSE All-Share Index Fund Institutional Income
Fund17.70.77.79.44.1
+/-Cat-0.22.8-0.50.90.8
+/-B’mrk--0.1-0.4-1.1
 
Category: UK Large-Cap Equity
Category Benchmark: Morningstar UK All Cap TME ...
Key Stats
NAV
22/04/2025		 GBP 3.92
Day Change 1.32%
Morningstar Category™ UK Large-Cap Equity
IA (formerly IMA) Sector UK All Companies
ISIN GB00BV8VN801
Fund Size (Mil)
22/04/2025		 GBP 2106.01
Share Class Size (Mil)
22/04/2025		 GBP 94.29
Max Initial Charge -
Ongoing Charge
18/02/2025		  0.03%
Morningstar Research
Analyst Report20/06/2024
Monika Calay , Director
Morningstar, Inc

HSBC FTSE All-Share Index Fund tracks a broad and diversified index that has proved formidable for active funds to beat. It earns a Morningstar Analyst Rating of Silver for all of its share-classes. By capturing more than 98% of the UK equity...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process24
Performance
Price
Investment Objective: HSBC FTSE All-Share Index Fund Institutional Income
The Fund aims to track the performance of the FTSE All-Share 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 All-Share 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)22/04/2025
YTD1.96
3 Years Annualised6.09
5 Years Annualised10.93
10 Years Annualised5.47
12 Month Yield 3.55
Dividend Paying Frequency Half-yearly
Management
Manager Name
Start Date
Not Disclosed
30/09/2016
Inception Date
26/01/2015

Category Benchmark
Fund BenchmarkMorningstar Benchmark
FTSE AllSh TR GBPMorningstar UK All Cap TME NR GBP
Portfolio Profile for  HSBC FTSE All-Share Index Fund Institutional Income31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.300.0396.28
Bond0.090.050.04
Property0.010.000.01
Cash27.9727.720.25
Other3.570.173.40
Top 5 Regions%
United Kingdom94.81
Europe - ex Euro1.67
United States1.40
Eurozone0.57
Europe - Emerging0.38
Top 5 Sectors%
Financial Services21.37
Consumer Defensive15.52
Industrials15.39
Healthcare12.40
Energy10.77
Top 5 HoldingsSector%
Shell PLCEnergyEnergy6.80
AstraZeneca PLCHealthcareHealthcare6.76
HSBC Holdings PLCFinancial ServicesFinancial Services6.24
Unilever PLCConsumer DefensiveConsumer Defensive4.51
RELX PLCIndustrialsIndustrials2.92
Increase Decrease New since last portfolio
HSBC FTSE All-Share Index Fund Institutional Income
Growth Of 1000 (GBP) 31/03/2025
Fund:  HSBC FTSE All-Share Index Fund Institutional Income
Category:  UK Large-Cap Equity
Category Index:  Morningstar UK All Cap TME NR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-9.1619.31-9.5017.720.747.689.394.09
+/- Category0.66-0.04-0.40-0.252.81-0.520.900.77
+/- Category Index-----0.06-0.43-1.07
% Rank in Category4343423939543443
Trailing Returns (GBP)22/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day1.32   0.700.71
1 Week1.52   0.690.53
1 Month-3.32   0.34-0.20
3 Months-2.19   1.34-0.85
6 Months1.46   1.97-0.20
YTD1.96   1.69-0.65
1 Year7.01   1.69-0.91
3 Years Annualised6.09   1.16-0.47
5 Years Annualised10.93   0.98-0.13
10 Years Annualised5.47   0.780.07
 
Category: UK Large-Cap Equity
Category Index: Morningstar UK All Cap TME NR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20254.09---
20243.424.571.81-0.65
20232.87-0.652.682.61
20221.26-5.54-2.968.54
20215.375.082.663.57
2020-25.8311.78-2.6912.18
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageBelow Average3 star
5-YearAverageAverage4 star
10-YearAbove AverageAverage3 star
OverallAbove AverageAverage3 star
 
Category :  UK Large-Cap EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev10.81 %
3-Yr Mean Return7.46 %
 
3-Yr Sharpe Ratio0.30
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK All Cap TME NR GBP  FTSE AllSh TR GBP
3-Yr Beta0.940.96
3-Yr Alpha-0.49-0.24
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 33873-
Market Capitalisation% of Equity
Giant45.86
Large31.81
Medium16.46
Small5.08
Micro0.79
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings12.370.99
Price/Book1.781.00
Price/Sales1.200.95
Price/Cash Flow8.360.99
Dividend-Yield Factor3.721.02
 
Long-Term Projected Earnings Growth8.750.97
Historical Earnings Growth-1.700.94
Sales Growth4.621.00
Cash-Flow Growth0.121.55
Book-Value Growth3.530.88
 
Category: UK Large-Cap Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.300.0396.28
Bond0.090.050.04
Property0.010.000.01
Cash27.9727.720.25
Other3.570.173.40
World Regions31/03/2025
 % of EquityRelative to Category
United States1.400.92
Canada0.060.90
Latin America0.151.45
United Kingdom94.810.99
Eurozone0.570.49
Europe - ex Euro1.671.26
Europe - Emerging0.385.90
Africa0.012.33
Middle East0.101.90
Japan0.182.21
Australasia0.031.05
Asia - Developed0.253.03
Asia - Emerging0.382.93
 
Category: UK Large-Cap Equity
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials6.141.14
Consumer CyclicalConsumer Cyclical7.050.87
Financial ServicesFinancial Services21.370.94
Real EstateReal Estate2.021.03
Consumer DefensiveConsumer Defensive15.521.12
HealthcareHealthcare12.401.01
UtilitiesUtilities4.091.07
Communication ServicesCommunication Services3.420.84
EnergyEnergy10.771.14
IndustrialsIndustrials15.390.97
TechnologyTechnology1.820.76
 
Category: UK Large-Cap Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings304
Total Number of Bond Holdings0
Assets in Top 10 Holdings39.81
NameSectorCountry% of Assets
Shell PLC309United Kingdom6.80
AstraZeneca PLC206United Kingdom6.76
HSBC Holdings PLC103United Kingdom6.24
Unilever PLC205United Kingdom4.51
RELX PLC310United Kingdom2.92
BP PLC309United Kingdom2.82
Rolls-Royce Holdings PLC310United Kingdom2.57
British American Tobacco PLC205United Kingdom2.51
GSK PLC206United Kingdom2.36
London Stock Exchange Group PLC103United Kingdom2.31
 
Increase Decrease New since last portfolio
Category: UK Large-Cap 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 Date26/01/2015
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 Chargen/a
Ongoing Charge0.03%
Purchase Details
Minimum Investments
Initial10000000  GBP
Additional1000000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes