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HSBC Global Property Class C - Income (GBP)

Sell:153.60p Buy:153.60p Change: 0.41p (0.27%)
Prices as at 10 May 2021
Sell:153.60p
Buy:153.60p
Change: 0.41p (0.27%)
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 10 May 2021
Sell:153.60p
Buy:153.60p
Change: 0.41p (0.27%)
Prices as at 10 May 2021
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.
Also available as accumulation 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): 1.15%
Ongoing saving from HL: 0.00%
Net ongoing charge: 1.15%
There are other unit types of this fund available:
Class C - Accumulation (GBP) (Net ongoing charge 1.15%)

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:
Guy Morrell
Fund launch date: 26 November 2007
Sector: Property
Fund size: £184 million
Number of holdings: 88
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: State Street Trustees Limited
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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Performance

10/05/16 to 10/05/17 10/05/17 to 10/05/18 10/05/18 to 10/05/19 10/05/19 to 10/05/20 10/05/20 to 10/05/21
Annual return 6.65% 2.33% 9.53% -16.36% 18.53%

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 Fund aims to provide growth in the long term, which is a period of five years or more.To achieve its objective, the Fund will invest at least 80% of its value in property-related securities and collective investment schemes that, in turn, invest in direct property (physical buildings) and property-related securities. There will be no geographical restrictions.The Fund may also invest up to 20% of its value in money market instruments, deposits, cash and collective investment schemes that invest in such assets to manage day-to-day cash flow requirements.The collective investment schemes in which the Fund may invest will, where possible, be those managed or operated by the HSBC Group.The Fund may invest in derivatives for efficient portfolio management purposes, including hedging. This means investment techniques that aim to reduce risks, reduce costs or generate growth and income. On giving 60 days' notice to Shareholders the Fund may also use derivatives for broader investment purposes to help the Fund meet itsobjective. The Fund does not intend to use derivatives extensively and their use will be consistent with the risk profile of the Fund.The investment strategy aims to provide capital growth by investment into property-related securities in the UK and globally, and in collective investment schemes that invest in direct property (physical buildings) and shares of property-related securities. The Fund will not buy physical buildings directly. The balance between direct property(through collective investment schemes), property-related securities, and cash, and the geographic composition of the portfolio, will vary over time depending on our view of prospective returns.By investing in collective investment schemes that hold direct property (physical buildings) and property-related securities, the fund manager is able to access specialist, local skills. This also provides the scope to change the composition of the Fund quickly and reduce the risk of investing in any one manager.Use of BenchmarkThe Fund is actively managed and is not managed with reference to a benchmark. The performance of the Fund is shown against the performance of a combination of a 50% weighting to the Investment Association UK Direct Property Sector and a 50% weighting to the Investment Association Property Other Sector for comparison purposes only. Prior to 1 September 2018, the performance was compared to the Investment Association Property Sector.This has been selected to enable investors to assess the performance of the Fund because it consists of funds similar to the Fund. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK investment managers), to help investors to compare funds with broadly similar characteristics.Use of DerivativesThe Fund may invest in exchange traded and over-the-counter derivatives in accordance with Part C and Part D of Appendix 3. In particular, currency forward contracts may be used with the aim of hedging against movements in the rate of exchange between Sterling and the currency in which assets of the Fund may be denominated.

Income Details

Historic yield : 2.07%
Income paid: Bi-annually
Type of payment: Dividend
Ex-dividend date: 16 April 2021 16 October 2021
Payment date: 15 June 20214 15 December 20214

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 March 2021.

Security Weight
iShares Asia Property Yield UCITS ETF ISHS ASIA PR YI ETF USD 13.02%
AXA World Global Flexible Property Fund 12.71%
Premier Premier Miton Pan European Property Share Class C 10.34%
iShares US Property Yield UCITS ETF ISHS US PROP YI USD UCITS ETF 5.52%
Aegon Property Income Class B Gross 5.29%
Kempen Capital Management Kempen (Lux) Global Property Fund Class J 4.97%
BMO Investment Trusts TR Property Investment Trust Ord GBP0.25 4.82%
AXA World Funds (SICAVs) Framlington Global Real Estate Securities Class I Hedged 4.55%
iShares UK Property UCITS ETF 4.27%
BMO European Real Estate Securities C 3.84%
Sector Weight
Real Estate Investment Trusts 28.31%
Managed Funds 25.08%
Non-Classified 21.92%
Real Estate Investment & Services 9.46%
Property 6.35%
Equity Investment Instruments 4.82%
Cash and Equiv. 3.76%
Bonds 0.16%
Alternative Trading Strategies 0.14%
Country Weight
Direct Property and REITs 49.50%
Managed Funds 25.08%
Germany 5.51%
Non-Classified 3.92%
Cash and Equiv. 3.76%
United Kingdom 2.93%
United States 2.84%
Sweden 1.48%
France 1.16%
Japan 0.85%

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 10 May 2021. Data provided by Funds Library, correct as at 28 February 2021.

FundsLibrary
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.