We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

HSBC GIF Frontier Market Class BC - Accumulation (GBP)

Sell:2,925.40p Buy:2,925.40p Change: 23.20p (0.79%)
Prices as at 28 May 2024
Sell:2,925.40p
Buy:2,925.40p
Change: 23.20p (0.79%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 28 May 2024
Sell:2,925.40p
Buy:2,925.40p
Change: 23.20p (0.79%)
Prices as at 28 May 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 5.00%
Initial saving from HL: 5.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.75%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.75%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Multiple
Fund launch date: 30 November 2011
Sector: Global Emerging Markets
Fund size: $443 million
Number of holdings: 74
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 17:00
Trustee: HSBC Bank plc
Minimum investment: £100.00
Charges deducted from: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Ready to invest?

To invest in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account. Try our handy filter and find out which suits you best.

Compare accounts

Performance

28/05/19 to 28/05/20 28/05/20 to 28/05/21 28/05/21 to 28/05/22 28/05/22 to 28/05/23 28/05/23 to 28/05/24
Annual return -17.98% 29.03% 24.41% 5.13% 28.04%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The sub-fund invests for long term total returns in a diversified portfolio of investments in equity and equity equivalent securities of companies which have their registered office in, and with an official listing on a major stock exchange or other Regulated Market in Frontier Markets, as well as those companies with significant operations or carrying out a preponderant part of their business activities in these countries. The sub-fund may also invest in financial derivative instruments such as futures, options and forward currency contracts and in other currency and equity derivatives. The sub-fund intends to use such financial derivative instruments for, inter alia, the purposes of managing market exposure and currency positioning but also to enhance return when the Investment Adviser believes the investment in financial derivative instruments will assist the sub-fund in achieving its investment objectives. The portfolio will be actively managed, aiming to achieve total returns to investors without reference to market index weightings.

Income Details

Income paid: n/a
Type of payment: Dividend
Ex-dividend date:
Payment date:

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
BANCA TRANSILVANIA SA 4.23%
HALYK SAVINGS BANK OF KAZAKHSTAN (JSC) 3.81%
JOINT STOCK COMPANY KASPI.KZ 3.43%
ARABIAN CONTRACTING SERVICES CO 3.34%
TALAAT MOSTAFA GROUP(TMG) 3.31%
METROPOLITAN BANK & TRUST COMPANY 3.17%
THE POWER AND WATER UTILITY COMPANY FOR JUBAIL AND YANBU 2.99%
NATIONAL ATOMIC CO KAZATOMPROM JSC 2.72%
VIETNAM JS BK FOR INDUSTRY & TRADE 2.44%
NATIONAL BANK OF GREECE S.A. 2.42%
Sector Weight
Banks 36.33%
Real Estate Investment & Services 12.73%
Non-Renewable Energy 5.36%
Industrial Transportation 5.31%
Retailers 5.07%
Consumer Services 4.81%
Electricity 4.12%
Software & Computer Services 3.78%
Media 3.34%
Telecommunications Service Providers 3.00%
Country Weight
United Arab Emirates 18.46%
Viet Nam 15.02%
Saudi Arabia 11.22%
United States 10.21%
Philippines 8.20%
Romania 6.28%
Kazakhstan 6.23%
Qatar 5.78%
Egypt 4.45%
Kuwait 3.18%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 28 May 2024. Data provided by Broadridge, correct as at 29 February 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.