HSBC Sterling Corp Bd Idx Inc C (FUND:BYV9W85) - Fund price - Overview

Fund Report

HSBC Sterling Corporate Bond Index Fund Income C

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameMohamed Siddeeq
Inception Date24/10/2016
NAV 15/01/2019GBP 0.97
Day Change-0.25%
12 Month Yield4.43%
ISINGB00BYV9W854
SEDOLBYV9W85
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/2018232.30 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:15:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.15%
AMC0.12%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/12/2018

How has this security performed
201320142015201620172018
Fund----4.14-0.87
Category----4.84-2.31
Benchmark----4.86-2.24
  • Fund: HSBC Sterling Corporate Bond Index Fund Income C
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 15/01/2019
FundCatBmark
YTD0.300.280.37
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

To match the return of the Markit iBoxx GBP Non-Gilts Index. To invest in a representative sample of the Sterling denominated bonds that make up the Markit iBoxx GBP Non-Gilts Index. The bonds that make up the index are investment grade and issued by public and private corporations, non-United Kingdom Government and government-backed entities. Certain covered bonds and other collateralised bonds are also included in the index. The fund may also invest, as a lesser proportion of the overall portfolio, in Sterling denominated bonds that are not in the index, which may include bonds issued by the Government of the United Kingdom. The fund may use financial derivative instruments for efficient portfolio management, including hedging, with a level of risk that is consistent with the overall risk profile of the fund. The fund does not intend to use financial derivative instruments extensively.

Portfolio Profile30/09/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds94.860.0094.86
Cash10.265.314.95
Other0.210.020.19
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond65.47
Government Related17.88
Asset Backed5.93
Cash & Equivalents4.26
Covered Bond2.34
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseHSBC Global Liq Sterling Liquidity Y Ireland4.46
IncreaseLong Gilt Future Dec18 2018-12-27United Kingdom2.92
E.ON International Finance B.V. 5.88% 2037-10-30Netherlands1.08
Wells Fargo Bank, National Association 5.25% 2023-08-01United States1.05
SNCF Reseau 5.5% 2021-12-01France1.01
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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