HSBC Corporate Bond Retail Acc
£ Corporate BondPricing frequency
Daily
Dealing cut off time
11:00
Type
OEIC
Yield
3.73%
NAV
£2.87
Ongoing charge
1.11%
Latest actual NAV date
28-03-2024
ISIN
GB0000175165
UCITS
Yes
Growth of 10k
Asset allocation
Top 10 holdings
Holdings 29/02/2024 | % of assets |
---|---|
Long Gilt Future June 24 | 8.41 |
HSBC Sterling ESG Liquidity Y | 5.61 |
HSBC GIF Glbl Sctsd Crdt Bd ZQ1HGBP | 2.36 |
NatWest Group PLC 3.125% | 2.11 |
Barclays PLC 3.75% | 1.93 |
M&G PLC 3.875% | 1.66 |
AT&T Inc 2.9% | 1.63 |
Sse PLC 8.375% | 1.53 |
United Kingdom of Great Britain and Northern Ireland 1.25% | 1.53 |
Santander UK Group Holdings PLC 2.92% | 1.53 |
Investment objective
The Fund aims to provide higher returns (before charges and tax are deducted from the Fund) than the Markit iBoxx GBP Corporates Index plus 1% per year, over three-year periods. To achieve its objective the Fund will invest at least 80% of its value in bonds that have a credit rating of investment grade and are issued in sterling or are hedged back to sterling. The bonds may be issued by companies and supranational or government-backed organisations which may be located anywhere in the world. The types of bond the Fund may invest in include covered bonds and asset backed securities. The Fund may also invest up to 20% of its value in other types of bonds such as bonds issued by governments, bonds with lower credit ratings, convertible bonds, contingent convertible bonds and shares (equities) of companies arising from convertible bonds.
Morningstar ratingTM
Morningstar sustainability ratingTM
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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