HSBC Global IF - RMB Fixed Income ACO SGD
Bond
Recent Price
Fund description
The Fund invests for total return (meaning capital growth and income) in a diversified portfolio of bonds. The bonds have exposure to the Chinese currency, the renminbi (RMB). The Fund can invest in investment-grade bonds (rated as such by a credit ratings agency), non-investment grade and unrated bonds (which carry more risk), cash and money market instruments. The RMB bond market is new and still developing, so opportunities to invest in RMB bonds are limited. Until the RMB bond market is fully developed, the Fund might invest substantially in cash, deposits and other short-term instruments. The Fund can also invest up to 10% of its assets in contingent convertible securities. These are bonds that convert to equities if the issuer runs into difficulty. However, this exposure is not expected to exceed 5%. See the Prospectus for a description of 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
0.25
1 month
0.28
6 months
1.18
1 year
2.63
3 years
-11.08
Since start *
-1.73
Annualized Return %
1 week
1 month
6 months
1 year
2.63
3 years
-3.84
since start *
-0.26
Annual Volatility %
1 week
1 month
6 months
1 year
4.39
3 years
6.97
since start *
6.22
Sharpe ratio +
1 week
1 month
6 months
1 year
0.49
3 years
-0.62
since start *
-0.12
*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 | China Peer funds |
| Dividend distribution option | NA |
| Launch price | SGD 10.0000 |
| Price currency [1] | SGD |
| Payment currency | SGD |
| Investment type | Cash, SRS |
| Risk (volatility) What is this? | Medium Low |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
0.750% |
| Latest bid/NAV price | SGD 9.9530 (12-Dec-2024) |
| Bid price changes from last available price | +0.04% |
| Benchmark | NA |
| Minimum initial investment | SGD 1,000 |
| Minimum subsequent investment | SGD 100 |
| Minimum RSP investment | SGD 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.