HSBC Corporate Bond Institutional Inc (FUND:B3K7SR4) - Fund price - Overview

Fund Report

HSBC Corporate Bond Fund Institutional Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameMohamed Siddeeq
Inception Date19/12/2008
NAV 21/02/2018GBP 2.25
Day Change0.29%
12 Month Yield3.75%
Dividend FrequencyQuarterly
Net Assets (mil) 31/01/20181,219.95 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.02%
Fund Rebate0.10%

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating



Sustainability Rating as of 31/12/2017


Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/01/2018

How has this security performed
  • Fund: HSBC Corporate Bond Fund Institutional Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 21/02/2018
3 Years Annualised4.163.774.30
5 Years Annualised5.715.306.11
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund seeks to provide a regular and competitive level of income from an underlying portfolio of predominantly Sterling Corporate Bonds. The fund seeks to invest predominantly in corporate bonds and other fixed interest securities. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes. The Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long term rather than just for tactical short-term purposes. However, where derivatives are used for the purposes of meeting the investment objective of the fund it is not intended that the use of derivatives would raise the overall risk profile of the fund.

Portfolio Profile31/01/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond82.87
Asset Backed5.42
Cash & Equivalents1.77
Government Related0.99
Top Holdings
IncreaseDecreaseNew since last portfolio
New since last portfolioIcf Ice Long Gilt Future March 2018 2018-03-27United Kingdom4.95
New since last portfolioEux Euro Bund Future March 2018 2018-03-08Germany3.46
United Kingdom (Government Of) 4.5% 2034-09-07United Kingdom1.38
DecreaseUS 10 Year Note (CBT) Mar18 2018-03-21United States1.00
Fca Bk S.P.A. 1.625% 2021-09-29Italy0.99
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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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