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HSBC GIF Global Emerging Markets Local Debt Class BC - Accumulation (GBP)

Sell:1,209.90p Buy:1,209.90p Change: 2.20p (0.18%)
Prices as at 29 May 2020
Change: 2.20p (0.18%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 29 May 2020
Change: 2.20p (0.18%)
Prices as at 29 May 2020
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.
Also available as income units Help

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.98%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.98%
There are other unit types of this fund available:
Class BD - Income (GBP) (Net ongoing charge 0.98%)

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
Fund launch date: 30 July 2007
Sector: Global Emerging Markets Bond
Fund size: £2,389 million
Number of holdings: 240
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 16:00
Trustee: HSBC Bank plc
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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29/05/15 to 29/05/16 29/05/16 to 29/05/17 29/05/17 to 29/05/18 29/05/18 to 29/05/19 29/05/19 to 29/05/20
Annual return -0.95% 24.55% -4.36% 2.82% 1.69%

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.

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Our view on this fund

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Fund Objective

The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade and Non-Investment Grade bonds and other similar securities, as well as currency forwards and non-deliverable forwards (together "Instruments"). These Instruments are linked to the currency of securities issued or guaranteed by governments, government agencies or supranational bodies of Emerging Markets or companies which have their registered office in Emerging Markets and will be primarily denominated in local currency. On an ancillary basis, the sub-fund may consider investments in securities denominated in USD and those of other OECD countries. The sub-fund may also invest in additional financial derivative instruments such as futures, swaps, options, credit default swaps, as well as other structured products. The sub-fund intends to use such financial derivative instruments for, inter alia, return enhancement, hedging, taxadvantage access to instruments and whenever the Investment Adviser believes the investment in financial derivative instruments will assist the sub-fund in achieving its investment objectives.

Income Details

Distribution yield : 2.93%
Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 6 July 2020
Payment date: 27 July 20204

This data is provided by Funds Library. 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. Information correct as at 31 July 2017.

Security Weight
Letra Tesouro Nacional 0% 01/07/2020 8.47%
United States Treasury Bill 0% 14/05/2020 8.33%
HSBC Global Liquidity Funds PLC 8.01%
United States Treasury Bill 0% 09/04/2020 7.30%
United States Treasury Bill 0% 16/07/2020 6.24%
United States Treasury Bill 0% 25/06/2020 5.28%
Indonesia (Gov of) 8.375% 15/03/2024 2.55%
South Africa (Govt) 7% 28/02/2031 2.14%
Poland (Govt Of) 4% 25/10/2023 2.10%
Mexican Bonos 8.5% 18/11/2038 2.10%
Sector Weight
Bonds 85.42%
Managed Funds 8.01%
Cash and Equiv. 4.27%
Non-Classified 2.05%
Alternative Trading Strategies 0.26%
Country Weight
United States 27.16%
Brazil 10.49%
Indonesia 8.12%
Managed Funds 8.01%
South Africa 5.83%
Cash and Equiv. 4.27%
Thailand 4.09%
Poland 4.02%
Russian Federation 4.00%
Mexico 3.63%

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 29 May 2020. Data provided by Funds Library, correct as at 31 January 2020.

You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & 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.