HSBC GIF European Equity Abs Ret L1

The Sub-Fund seeks to achieve stable absolute returns in excess of its benchmark. The targeted returns are intended to be largely de-correlated from those of European equities. To reach this objective the Sub-Fund's assets will be actively allocated, primarily to long and short positions in European equities and equity equivalent securities.

Key stats

Management firm  HSBC Investment Funds (Luxembourg) S.A.
Domicile  Luxembourg
Fund Administrator  RBC Dexia Investor Services Bank S.A.
Global Branding Name  HSBC
Fund Status  OBSOLETE
Fund currency  EUR
Net Assets Date  2012-11-30
Net Assets  €15,418,615
Launch Date  2010-04-16
Obsolete Date  2012-12-17
ISIN  LU0489666080
SEDOL  B5Q6RF0
Manager 1 Name  Vis Nayar
Fund Strategy  Alt - Long/Short Equity - Europe
Benchmark  Euribor 1 Month EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2012-11-30
Return - 1 Month  0.25%
Return - 2 Months  -0.78 %
Return - 3 Months  -2.14%
Return - 6 Months  -2.37 %
Return - 9 months  -7.22 %
Return - 12 Months  -6.54%
Annualized return 24 months  -2.64 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  -1.02%
Return YTD  -6.75%

Charges

Initial  5.25 %
Minimum Investment  €1,000,000
Maximum Managment Charge  3.50 %
Exit charge  0.00 %
Performance Fee  20.00 %

Contact

Contact name  Jean-Luc
Contact Address  Königsallee 21/23
Contact Address 2  Torre Picasso pta. 10
Contact Address 3  Taiwan (R.O.C.)
Contact city  Düsseldorf
Contact country  Germany
Fund Admin Group  HSBC Investment Funds (Luxembourg) S.A.
Web Address  www.assetmanagement.hsbc.com
Email contact  hsbc-am.italy@hsbc.com
Custodian  RBC Dexia Investor Services Bank S.A.
Phone  +49 (0)211 910 0

Price

Last Price Date  2012-12-14
Pre-tax nav  9.72
Pre-tax offer  10.26
Pre-tax bid  9.72
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €-0.00
Price change (percentage)  -0.02 %
Guaranteed NAV  0.00000
Close Price  0.00

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