HSBC GIF - Global High Income Bond AM2 USD
Bond
Recent Price
Fund description
The Fund invests for high income in a diversified portfolio of bonds. These are generally higher-yielding bonds, meaning they carry more risk. The Fund can invest in investment-grade bonds, high-yield bonds and securities from Asia and emerging markets. Up to 10% of the Fund’s net assets may be invested in onshore Chinese bonds. The Fund can invest up to 20% in asset-backed securities (ABS) and mortgage-backed securities (MBS). These are notes backed by financial assets. The Fund may invest up to 10% of its net assets in convertible securities (bonds that convert to equities). The fund can also invest up to 10% of the Fund’s net assets in contingent convertible securities. See the Prospectus for a full description of the investment objectives and derivative usage
Fund Performance
Prices shown are indicative and are usually based on prices of 2-4 dealing days earlier, and may not be exactly the price used for individual trades. Prices and returns on this page may be based on a reference price in a different currency to that of the fund dealing price. Returns experienced by individual clients may differ from those shown below. Clients should not rely on these prices for decision making. Fund prices provided by third-parties. dollarDEX does not guarantee any prices or valuations shown, and accepts no responsibility for their accuracy.
Return
1 week
-0.81
1 month
-1.40
6 months
2.03
1 year
4.85
3 years
-3.19
Since start *
11.80
Annualized Return %
1 week
1 month
6 months
1 year
4.85
3 years
-1.08
since start *
1.80
Annual Volatility %
1 week
1 month
6 months
1 year
3.44
3 years
7.64
since start *
7.85
Sharpe ratio +
1 week
1 month
6 months
1 year
1.26
3 years
-0.21
since start *
0.17
*Since start means from start of data available to dollarDEX and may not coincide with inception of fund.
Performance chart
Fund details
| Price frequency | Daily |
| Pricing basis | Forward |
| Dealing basis (subscriptions) What is this? | T+1 |
| Dealing basis (redemptions) What is this? | T+1 |
| Sector | All |
| Asset class | Bond |
| Asset sub-class | Mixed |
| Region | Global Peer funds |
| Dividend distribution option | Re-investment, Cash payout |
| Launch price | USD 10.000 |
| Price currency [1] | USD |
| Payment currency | USD |
| Investment type | Cash only |
| Risk (volatility) What is this? | Medium Low |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
1.250% |
| Latest bid/NAV price | USD 7.947 (13-Jan-2025) |
| Bid price changes from last available price | -0.20% |
| Benchmark | 35% Bloomberg Barclays USD Emerging Markets 20% Bloomberg Barclays US Aggregate Corporate Baa 15% Bloomberg Barclays US High Yield Ba 15% Bloomberg Barclays Euro Aggregate Corporate Baa Hedged USD 15% Bloomberg Barclays Euro High Yield BB Hedged USD |
| Minimum initial investment | USD 5,000 |
| Minimum subsequent investment | USD 100 |
| Minimum RSP investment | USD 100 |
1 Usually same as fund dealing currency (refer to prospectus). Some funds have a SGD reference price used by Navigator.
2 Total of fixed annual management and service fees. Check fund prospectus for details including variable performance fees, if any, which may not be included here.