HSBC GIF Global Emerg Mkts Bd PC PLN (FUND:B8DJRV9) - Fund price - Overview

Fund Report

HSBC Global Investment Funds - Global Emerging Markets Bond PC (PLN)

Key Stats
Morningstar® CategoryGlobal Emerging Markets Bond
Manager NameNishant Upadhyay
Inception Date16/04/2003
NAV 16/11/2017PLN 137.80
Day Change0.41%
12 Month Yield-
ISINLU0164943648
SEDOL
Dividend Frequency-
Net Assets (mil) 31/07/20174,519.13 USD
Wrapper Availability
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular Investment
Actual Initial Charge-
Exit Charge0.00%
Custody Charge
Fund Ongoing Charge1.35%
AMC1.00%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

JPM EMBI Global TR USD

Morningstar® Benchmark

JPM EMBI Global TR USD

Growth Of 10,000 (PLN) 31/10/2017

How has this security performed
20132014201520162017
Fund-9.9323.939.8313.85-6.18
Category-7.8118.076.7015.65-4.21
Benchmark-8.9224.2212.5416.48-5.05
  • Fund: HSBC Global Investment Funds - Global Emerging Markets Bond PC (PLN)
  • Category: Global Emerging Markets Bond
  • Benchmark: JPM EMBI Global TR USD
Trailing Returns % (PLN) 16/11/2017
FundCatBmark
YTD-7.80-4.49-6.72
3 Years Annualised6.166.127.98
5 Years Annualised4.424.906.02
10 Years Annualised-9.1710.97

Morningstar SRRI

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

Investment Objective

The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade and Non-Investment Grade rated fixed income and other similar securities either issued by companies which have their registered office in Emerging Markets around the world, primarily denominated in US dollars, or which are issued or guaranteed by governments, government agencies and supranational bodies of Emerging Markets. The sub-fund may invest more than 10% and up to 30% of its net assets in securities issued by or guaranteed by a single sovereign issuer with a Non-Investment Grade credit rating. This is due to the fact that the sub-fund's reference benchmark, the JP Morgan Emerging Market Bond Index, may contain sovereign issuers that may have a Non-Investment Grade rating. The Investment Adviser may decide to invest in a specific non-investment grade sovereign issuer and/or to overweight (in relation to the reference benchmark) a particular Non-Investment Grade sovereign issuer.

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
Bonds99.897.5892.31
Cash188.42180.737.69
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Government70.45
Corporate Bond22.70
Cash & Equivalents5.43
Future/Forward2.26
Municipal (Taxable)0.30
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseUsd Notional Cash Cds 4.44
Argentina Rep 7.5% 2026-04-22Argentina3.49
New since last portfolioUS Treasury Note 1.75% 2022-06-30United States2.58
IncreaseBoa 1% Cdx 20/06/2017 - 20/06/2022 2022-06-20United States2.23
DecreaseUS 10 Year Note (CBT) Sept17 2017-09-20United States2.15
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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