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 aim is to provide capital growth and income on your investment over time. The Fund will invest normally at least 90% of its assets in equity securities (i.e. shares) in companies of any size that are based in or carry out most of their business in China (including Hong Kong SAR). Investments in Chinese equities 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 and have up to 50% of its assets exposed to China A-shares indirectly through China A- shares Access Products (CAAP). The Fund may invest up to 10% of its assets in funds (including other funds of HSBC Global Investments Funds). The Fund may use derivatives for hedging and cash flow management. 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 & sector level. The deviation of the Fund’s performance relative to the benchmark is also monitored, but not constrained, to a defined range. 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
3
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 11/08/2020140.11
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 charge1.45% 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 NameSanjiv Duggal
Manager Start Date04/03/2020
Websitehttp://www.assetmanagement.hsbc.com
Total Net Assets (mil)1,192.89 USD (31/07/2020)
UCITSYes
AdministratorHSBC France, Luxembourg Branch

Documents

Prospectus
en 15/07/2020
Annual Report
en 31/03/2020
Semi Annual Report
en 30/09/2019
Morningstar Report
12/08/2020

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 year36.62%11/08/2020
3 years9.37%11/08/2020
5 years8.84%11/08/2020
10 years6.76%11/08/2020
Since launch10.07%11/08/2020
Cumulative performance in USD
Performance
YTD 01/01/202016.08
1 month-1.02
3 months20.83
6 months14.41
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-12.10%19.18%--
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%
2016-6.70%0.41%13.80%-7.82%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock97.06%0.00%97.06%
Bond0.00%0.00%0.00%
Cash26.04%22.94%3.10%
Other0.05%0.21%-0.16%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
20.4320.3920.13
Sharpe Ratio
1.260.400.47
Sortino Ratio
2.640.600.71
Positive Months8.0023.0036.00
Negative Months4.0013.0024.00
Worst Month-8.76-12.14-14.38
World Regions
Region%
Asia - Emerging82.12
Asia - Developed11.38
United States3.56
Stock Sector Weighting
Sector% of Equity
Consumer Cyclical
18.72
Communication Services16.75
Consumer Defensive
15.98
Financial Services12.45
Technology10.69
Healthcare8.34
Industrials4.91
Real Estate4.85
Basic Materials1.91
Utilities1.40
Energy1.07
Top 10 Holdings
HoldingSectorCountry% of Assets
Tencent Holdings Ltd Communication ServicesChina9.80
Alibaba Group Holding Ltd ADR Consumer CyclicalChina9.47
Ping An Insurance (Group) Co. of China Ltd Class H Financial ServicesChina4.71
Kweichow Moutai Co Ltd Consumer DefensiveChina4.47
New Oriental Education & Technology Group Inc ADR Consumer DefensiveChina4.11
Meituan Dianping Consumer CyclicalChina4.01
China Resources Beer (Holdings) Co Ltd Consumer DefensiveChina3.64
China Merchants Bank Co Ltd Class H Financial ServicesChina2.97
China Construction Bank Corp Class H Financial ServicesChina2.96
China Resources Land Ltd Real EstateChina2.76
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
$
140.11
Closing Price
All key information and documents must be reviewed before being able to Invest.