HSBC GIF Multi Gov Bd Strategies L1

The sub-fund seeks to generate a positive excess return over the money market rates represented by its benchmark by combining several strategies on three asset classes (OECD-developed and Emerging Markets government bonds, currencies and breakeven inflation).
Strategies applied on those asset classes consist in taking long and short positions within each asset class. Individual strategies on government bonds and breakeven inflation are hedged against currency risk. Currency overlay strategy consists in being exposed to the currencies of the OECD-developed countries and emerging countries by taking a long or short global position on one or more currencies relative to the reference currency of the sub-fund.

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  2012-01-31
Net Assets  €4,331,014
Launch Date  2009-04-01
Obsolete Date  2012-03-02
ISIN  LU0404500257
SEDOL  B616815
Manager 1 Name  Luc Dumontier
Fund Strategy  Alt - Long/Short Debt
Benchmark  EONIA EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2012-01-31
Return - 1 Month  -0.12%
Return - 2 Months  -1.17 %
Return - 3 Months  -4.37%
Return - 6 Months  -6.75 %
Return - 9 months  -11.08 %
Return - 12 Months  -11.88%
Annualized return 24 months  -5.31 %
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  -3.27%
Return YTD  -0.12%

Charges

Initial  5.25 %
Minimum Investment  €1,000,000
Maximum Managment Charge  3.50 %
Exit charge  0.00 %
Performance Fee  0.20 %

Contact

Contact name  Jean-Luc
Contact Address  Königsallee 21-23
Contact Address 2  Torre Picasso pta. 10
Contact Address 3  28020 Madrid
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  2012-02-23
Pre-tax nav  926.28
Pre-tax offer  977.59
Pre-tax bid  926.28
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €2.94
Price change (percentage)  0.32 %
Guaranteed NAV  0.00000
Close Price  0.00

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