Morningstar Fund Report  | 23/04/2025Print

HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF S2QHGBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF S2QHGBP
Fund--12.06.22.91.1
+/-Cat--1.20.6-0.1-0.1
+/-B’mrk-1.40.40.1-0.1
 
Category: Global Diversified Bond - GBP Hedged
Category Benchmark: Morningstar Gbl Core Bd GR ...
Key Stats
NAV
22/04/2025		 GBP 9.02
Day Change -0.13%
Morningstar Category™ Global Diversified Bond - GBP Hedged
IA (formerly IMA) Sector -
ISIN IE00BGWL6F93
Fund Size (Mil)
22/04/2025		 USD 12509.28
Share Class Size (Mil)
22/04/2025		 GBP 17.76
Max Initial Charge -
Ongoing Charge
07/03/2025		  0.07%
Investment Objective: HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF S2QHGBP
To achieve regular income and capital growth.
Returns
Trailing Returns (GBP)22/04/2025
YTD1.20
3 Years Annualised1.65
5 Years Annualised-
10 Years Annualised-
12 Month Yield 2.93
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Not Disclosed
14/11/2018
Inception Date
08/06/2021

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Bloomberg Global Aggregate TR Hdg USDMorningstar Gbl Core Bd GR Hdg GBP
Portfolio Profile for  HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF S2QHGBP31/03/2025
Fixed Income
Effective Maturity7.71
Effective Duration5.37
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond98.950.0098.95
Property0.000.000.00
Cash234.48233.670.82
Other0.300.060.24
Growth Of 1000 (GBP) 31/03/2025
Fund:  HSBC Global Funds ICAV - Global Aggregate Bond UCITS ETF S2QHGBP
Category:  Global Diversified Bond - GBP Hedged
Category Index:  Morningstar Gbl Core Bd GR Hdg GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 20222023202431/03
Price Return-12.046.182.921.14
+/- Category-1.180.63-0.10-0.13
+/- Category Index1.410.400.12-0.08
% Rank in Category50315265
Trailing Returns (GBP)22/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.13   -0.15-0.24
1 Week0.15   -0.170.03
1 Month0.32   0.07-0.03
3 Months1.26   -0.04-0.02
6 Months1.40   -0.120.04
YTD1.20   -0.28-0.10
1 Year5.76   0.10-0.01
3 Years Annualised1.65   -0.240.40
5 Years Annualised-   --
10 Years Annualised-   --
 
Category: Global Diversified Bond - GBP Hedged
Category Index: Morningstar Gbl Core Bd GR Hdg GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.14---
2024-0.08-0.024.01-0.95
20232.74-0.26-2.065.80
2022-4.76-4.52-3.630.36
2021--0.05-0.05
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAverageAverage3 star
5-Year--Not Rated
10-Year--Not Rated
OverallAverageAverage3 star
 
Category :  Global Diversified Bond - GBP HedgedClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev5.79 %
3-Yr Mean Return0.84 %
 
3-Yr Sharpe Ratio-0.55
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl Core Bd GR Hdg GBP  Morningstar Gbl Core Bd GR Hdg GBP
3-Yr Beta0.940.94
3-Yr Alpha0.290.29
 
Fixed Income Style31/03/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)USD 12185
Maturity Distribution %
1 to 322.25
3 to 518.90
5 to 711.65
7 to 1014.72
10 to 156.02
15 to 205.69
20 to 3016.49
Over 301.73
Effective Maturity7.71
Effective Duration5.37
Credit Quality Breakdown %     %
AAA21.59   BB0.24
AA11.26   B0.00
A29.30   Below B0.00
BBB38.01   Not Rated-0.40
 
Category: Global Diversified Bond - GBP Hedged
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond98.950.0098.95
Property0.000.000.00
Cash234.48233.670.82
Other0.300.060.24
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings4962
Assets in Top 10 Holdings4.71
NameSectorCountry% of Assets
HSBC US Dollar Liquidity WIreland2.49
China Development Bank 2.52%China0.32
Federal National Mortgage Association... United States0.29
China (People's Republic Of) 2.55%China0.29
China (People's Republic Of) 2.27%China0.24
China (People's Republic Of) 2.04%China0.23
Federal National Mortgage Association 2%United States0.23
Federal National Mortgage Association... United States0.22
United States Treasury Notes 4.375%United States0.21
China (People's Republic Of) 3.25%China0.20
 
Increase Decrease New since last portfolio
Category: Global Diversified Bond - GBP Hedged
 
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
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date08/06/2021
Fund Advisor(s)
HSBC Global Asset Management (UK) Ltd
Fund ManagerNot Disclosed
Manager Start Date14/11/2018
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.05%
Ongoing Charge0.07%
Purchase Details
Minimum Investments
Initial100000000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsNo