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HSBC Global Investment Funds - Chinese Equity AC
HSBC Global Investment Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: SICAV

The Fund aims to provide long term capital growth by investing in a portfolio of Chinese shares. . In normal market conditions, the Fund will invest at least 90% of its assets in shares (or securities similar to shares) of companies of any size that are based in, or carry out the larger part of their business activities in, China, including Hong Kong SAR. . Investments in Chinese share markets include China A-shares and China B-shares with a maximum exposure of 70% of the Fund's assets. The Fund may invest up to 70% of its assets in China A-shares through the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. The Fund may invest up to 50% of its assets in China A-shares indirectly through China A-shares Access Products (CAAP) and may invest up to 10% of its assets in CAAPs issued by any single issuer. . The Fund may invest up to 10% of its assets in other funds, including HSBC funds. . The Fund will not invest more than 10% of its assets in Real Estate Investment Trusts. . The Fund may also invest in derivatives. The Fund may use them for efficient portfolio management purposes, hedging and cashflow management purposes. Derivatives will not be used extensively for investment purposes. Derivatives may also be embedded in other instruments used by the Fund. . The Fund may enter into securities lending transactions for up to 29% of its assets. However, this is not expected to exceed 25%. . The reference currency of the Fund is USD. The reference currency of this share class is USD. . The Fund is actively managed and does not track a benchmark. The Fund has an internal or external target to a reference benchmark, MSCI China 10/40 Net. . The Investment Advisor will use its discretion to invest in securities not included in the reference benchmark based on active investment management strategies and specific investment opportunities. It is foreseen that a significant percentage of the Fund's investments will be components of the reference benchmark. However, their weightings may deviate materially from those of the reference benchmark. . Any deviations with respect to the benchmark are monitored within a comprehensive risk framework, which includes monitoring at security level. . The deviation of the Fund’s performance relative to the benchmark is also monitored, but not constrained, to a defined range. . The reference benchmark has a high level of concentration. This means that a small number of securities make up a significant proportion of the benchmark. . Income is reinvested. . You may sell your investment on most working days. . Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within a period of 5 years.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
6
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 02/08/2021145.75
Morningstar categoryChina Equity
CurrencyUSD
Distribution statusAccumulating
ISINLU0164865239
Inception Date11/04/2003
Minimum initial amount5,000.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.90% of which 0.75% is paid to MeDirect
Fund management company
AddressHSBC Investment Funds (Luxembourg) S.A. C/O HSBC Securities Services (Luxembourg) S.A. 16, BOULEVARD D'AVRANCHES LUXEMBOURG Luxembourg L-1160 Luxembourg
Manager NameCaroline Yu Maurer
Manager Start Date16/09/2020
Websitehttp://www.assetmanagement.hsbc.com
Total Net Assets (mil)1,146.37 USD (31/07/2021)
UCITSYes
AdministratorHSBC Continental Europe, Luxembourg

Documents

Prospectus
en 30/04/2021
Annual Report
en 31/03/2021
Semi Annual Report
en 30/09/2020
Morningstar Report
03/08/2021

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year4.41%02/08/2021
3 years9.23%02/08/2021
5 years11.76%02/08/2021
10 years6.19%02/08/2021
Since launch9.87%02/08/2021
Cumulative performance in USD
Performance
YTD 01/01/2021-13.23
1 month-9.54
3 months-10.79
6 months-21.87
Quarterly Returns
Q 1Q 2Q 3Q 4
2021-4.45%2.87%--
2020-12.10%19.18%12.46%18.12%
201914.65%-3.00%-2.43%13.37%
2018-0.50%-3.47%-7.19%-10.97%
201712.46%8.62%14.62%7.42%
Dividend

Analysis

Asset Allocation
% Long% Short% Net Assets
Stock93.09%0.00%93.09%
Bond4.13%0.00%4.13%
Cash23.46%20.68%2.78%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
21.1621.6619.34
Sharpe Ratio
0.250.400.61
Sortino Ratio
0.350.580.93
Positive Months8.0023.0040.00
Negative Months4.0013.0020.00
Worst Month-12.61-12.61-12.61
World Regions
Region%
Asia - Emerging82.99
Asia - Developed10.10
Stock Sector Weighting
Sector% of Equity
Consumer Cyclical
25.64
Communication Services15.12
Technology12.99
Financial Services11.48
Healthcare7.50
Consumer Defensive
6.63
Industrials4.49
Energy4.28
Real Estate3.26
Utilities1.11
Basic Materials0.59
Top 10 Holdings
HoldingSectorCountry% of Assets
Tencent Holdings Ltd Communication ServicesChina9.38
Alibaba Group Holding Ltd ADR Consumer CyclicalChina7.93
Meituan Consumer CyclicalChina4.81
The Government of Hong Kong Special Administrative Region 0% 27/10/2021Hong Kong4.13
China Construction Bank Corp Class H Financial ServicesChina3.62
WuXi Biologics (Cayman) Inc Registered Shs Unitary 144A/Reg S HealthcareChina3.60
NetEase Inc ADR Communication ServicesChina3.36
Luxshare Precision Industry Co Ltd TechnologyChina3.23
China Merchants Bank Co Ltd Class H Financial ServicesChina3.21
Yum China Holdings Inc Ordinary Shares Consumer CyclicalChina2.68
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
$
145.75
Closing Price
All key information and documents must be reviewed before being able to Invest.

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MeDirect Bank (Malta) plc, company registration number C34125, is licensed to undertake the business of banking in terms of the Banking Act (Cap. 371) and investment services under the Investment Services Act (Cap. 370). MeDirect Bank (Malta) plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994.