HSBC Emerging Markets Local Debt S

The investment seeks maximum total return (comprised of capital appreciation and income).
The fund normally invests at least 80% of its net assets, plus borrowings for investment purposes, in debt instruments issued by foreign governments, government agencies or corporations and denominated in local currencies of countries with emerging securities markets. It may invest without limit in debt instruments that are economically tied to emerging market countries. The fund is non-diversified.

Key stats

Management firm  HSBC
Domicile  United States
Fund Administrator  Citi Fund Services Ohio, Inc.
Global Branding Name  HSBC
12 month yield  4.66%
Fund currency  USD
Launch Date  2011-04-07
ISIN  US44330V7955
SEDOL  B661SC6
Manager 1 Name  Guillermo Oss├ęs
Manager 2 Name  Phil Yuhn
Fund Strategy  Emerging Markets Bond
Benchmark  JPM GBI EM Global Diversified TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-07-31
Return - 1 Month  -0.58%
Return - 2 Months  0.23 %
Return - 3 Months  2.21%
Return - 6 Months  11.20 %
Return - 9 months  0.91 %
Return - 12 Months  2.65%
Annualized return 24 months  -0.43 %
Annualized return 36 months  -1.17 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  -0.53%
Return YTD  5.59%

Ratings

Morning Star Rating Date   2014-07-31
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - Overall  fund has a 2 star rating fund has a 2 star rating

Charges

Initial  0.00 %
Minimum Investment  $25,000,000
Maximum Managment Charge  0.50 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  PO Box 14
Contact Address 2  452 Fifth Avenue, 17th Floor
Contact city  St. Helier
Contact country  Jersey
Fund Admin Group  HSBC
Web Address  http://emfunds.us.hsbc.com
Custodian  Northern Trust Company
Phone  888-936-4722

Price

Last Price Date  2014-08-14
Pre-tax nav  8.95
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.04
Price change (percentage)  0.45 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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