Morningstar Fund Report  | 25/12/2024Print

HSBC Global Investment Funds - Global Securitised Credit Bond XC

Performance History30/11/2024
Growth of 1,000 (GBP) Advanced Graph
HSBC Global Investment Funds - Global Securitised Credit Bond XC
Fund-----
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
24/12/2024
 USD 10.30
Day Change -0.19%
Morningstar Category™ Other Bond
ISIN LU1717580259
Fund Size (Mil)
24/12/2024
 USD 87.95
Share Class Size (Mil)
24/12/2024
 USD 5.55
Max Initial Charge 3.10%
Ongoing Charge
24/06/2024
  0.75%
Investment Objective: HSBC Global Investment Funds - Global Securitised Credit Bond XC
The sub-fund aims to provide long term total return by investing in a portfolio focused on the intersection (the “Crossover”) between Investment Grade and Non-Investment Grade rated Securitised Credit, while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund may also invest in other fixed income instruments issued globally denominated in a range of currencies, including but not limited to, corporate bonds, securities issued or guaranteed by governments, government agencies and supranational bodies, and cash. Issuers of these securities may be located in any country. The sub-fund includes the identification and analysis of an issuers’ ESG credentials (“ESG Credentials”) as an integral part of the investment decision making process to help assess risks and potential returns.
Returns
Trailing Returns (GBP)24/12/2024
YTD-
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
12 Month Yield -
Management
Manager Name
Start Date
Andrew Jackson
16/01/2018
Inception Date
04/05/2021

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Not Benchmarked-
Portfolio Profile for  HSBC Global Investment Funds - Global Securitised Credit Bond XC30/11/2024
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond94.790.0094.79
Property0.000.000.00
Cash196.49182.0614.43
Other2.7812.01-9.22
Growth Of 1000 (GBP) 30/11/2024
Fund:  HSBC Global Investment Funds - Global Securitised Credit Bond XC
Category:  Other Bond
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)30/11/2024
 30/11
Price Return-
+/- Category-
+/- Category Index-
% Rank in Category-
Trailing Returns (GBP)24/12/2024
   Total Returns   +/- Category   +/- Category Index
1 Day-0.19   --
1 Week1.40   --
1 Month0.78   --
3 Months8.38   --
6 Months-   --
YTD-   --
1 Year-   --
3 Years Annualised-   --
5 Years Annualised-   --
10 Years Annualised-   --
 
Quarterly Returns (GBP)30/11/2024
 Quarter 1Quarter 2Quarter 3Quarter 4
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Click here to see our Methodology
Volatility Measurements-
 
3-Yr Std Dev -
3-Yr Mean Return -
 
3-Yr Sharpe Ratio -
 
Modern Portfolio Statistics--
 Standard IndexBest Fit Index
   
3-Yr Beta--
3-Yr Alpha--
 
Fixed Income Style-
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 88
Maturity Distribution %
1 to 30.00
3 to 50.00
5 to 714.64
7 to 1016.80
10 to 1547.10
15 to 206.47
20 to 304.06
Over 3010.94
Effective Maturity-
Effective Duration-
Credit Quality Breakdown %     %
AAA -   BB-
AA-   B-
A-   Below B-
BBB-   Not Rated-
 
Asset Allocation30/11/2024
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond94.790.0094.79
Property0.000.000.00
Cash196.49182.0614.43
Other2.7812.01-9.22
Top 10 Holdings30/11/2024
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings76
Assets in Top 10 Holdings22.08
NameSectorCountry% of Assets
HSBC US Dollar ESG Liquidity Y USD IncIreland2.78
Polaris 2021-1 Plc 6.3544%United Kingdom2.55
HOME PARTNERS OF AMERICA 2021-2 TRUST... United States2.52
Vantage Data Centers Jersey Borrower ... United States2.37
Taurus 2021-1 UK Designated Activity ... United Kingdom2.13
PROGRESS RESIDENTIAL TRUST 2.082%United States2.06
CAMB Commercial Mortgage Trust 2019-L... United States1.98
Perpetual Corporate Trust Limited Tru... Australia1.93
Last Mile Logistics Pan Euro Finance ... Netherlands1.89
Bbcms Mortgage Trust 6.7425%United States1.87
 
 
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 Date04/05/2021
Fund Advisor(s)
HSBC Global Asset Management (UK) Ltd
Fund ManagerAndrew Jackson
Manager Start Date16/01/2018
Career Start Year1989
Education
Exeter University, B.A.
 
Biography
Andrew Jackson has overall responsibility for portfolio management and trading activities within the ABS Investments Team. He has been working in the industry since 1989. Prior to joining HSBC in 2002, Andrew worked as a fund manager at Abbey National Treasury Services, a Securitization Originator, Advisor and Lender at Rothschild and as an auditor and consultant at Arthur Andersen. He holds a BA in Economics from Exeter University and is an Associate of the Institute of Chartered Accountants.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge3.10%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.60%
Ongoing Charge0.75%
Purchase Details
Minimum Investments
Initial10000000  USD
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo