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 21/08/2017GBP 2.32
Day Change0.13%
12 Month Yield3.84%
ISINGB00B3K7SR40
SEDOLB3K7SR4
Dividend FrequencyQuarterly
Net Assets (mil) 31/07/20171,182.92 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
Fund Ongoing Charge0.03%
AMC0.00%
Fund Rebate0.10%

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 30/06/2017

Benchmarks

Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/07/2017

How has this security performed
20132014201520162017
Fund1.0911.780.1511.313.97
Category1.6810.680.389.713.54
Benchmark1.6412.510.7012.273.23
  • Fund: HSBC Corporate Bond Fund Institutional Inc
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 21/08/2017
FundCatBmark
YTD4.924.284.22
3 Years Annualised6.906.157.55
5 Years Annualised6.736.327.13
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 Profile31/07/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds104.877.2097.67
Cash23.5522.241.31
Other1.020.001.02
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond86.11
Government8.66
Asset Backed2.96
Cash & Equivalents1.07
Non-Agency Residential Mortgage Backed0.58
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioShort Gilt Future Sept17 2017-09-27United Kingdom6.14
IncreaseUS 10 Year Note (CBT) Sept17 2017-09-20United States2.92
DecreaseHSBC Global Liq Sterling Liquidity Y Ireland2.45
DecreaseEuro BUND Future Sept17 2017-09-072.32
New since last portfolioU.S. Treasury Bond Sept17 2017-09-20United States1.95
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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