HSBC GIF Euro High Yield Bond XC

The sub-fund aims to provide long term total return by investing in a portfolio of Euro denominated high yielding bonds. The sub-fund invests (normally a minimum of 90% of its net assets) in Non-Investment Grade rated fixed income securities and other higher yielding securities (including unrated bonds) which are either issued by companies or issued or guaranteed by government, government agencies or supranational bodies in both developed markets, such as OECD countries, and Emerging Markets. These securities are denominated in Euro and, on an ancillary basis (normally up to 10% of the sub-fund's net assets), in other developed market currencies. The sub-fund may achieve its investment policy by investing up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (including other sub-funds of HSBC Global Investment Funds). On an ancillary basis, the sub-fund may achieve its investment policy by investing in financial derivative instruments.

Key stats

Management firm  HSBC Investment Funds (Luxembourg) S.A.
Domicile  Luxembourg
Fund Administrator  HSBC Bank plc, Luxembourg Branch
Global Branding Name  HSBC
Fund currency  EUR
Net Assets Date  2015-07-31
Net Assets  €2,599,101,495
Launch Date  2012-01-23
ISIN  LU0404498767
Manager 1 Name  Philippe Igigabel
Fund Strategy  EUR High Yield Bond
Benchmark  BofAML Euro HY BB-B Constrained TR EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2015-07-31
Return - 1 Month  1.25%
Return - 2 Months  -0.34 %
Return - 3 Months  -0.54%
Return - 6 Months  0.50 %
Return - 9 months  2.42 %
Return - 12 Months  3.69%
Annualized return 24 months  6.76 %
Annualized return 36 months  9.34 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  10.55%
Return YTD  1.66%

Ratings

Morning Star Rating Date   2015-07-31
Morning Star Rating - 36 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Initial  5.54 %
Minimum Investment  €5,000,000
Maximum Managment Charge  0.50 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact name  Jean-Luc
Contact Address  Königsallee 21/23
Contact Address 2  Torre Picasso pta. 10
Contact Address 3  LUXEMBOURG
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  HSBC Bank plc, Luxembourg Branch
Phone  +49 (0)211 910 0

Price

Last Price Date  2015-08-27
Pre-tax nav  41.41
Pre-tax offer  43.70
Pre-tax bid  41.41
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €0.10
Price change (percentage)  0.25 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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