HSBC GIF Economic Scale US Equity Fund AD USD
EquityNEW
Recent Price
Fund description
The sub-fund aims to provide long term total return by investing in a portfolio of US equities. The sub-fund invests in normal market conditions a minimum of 90% of its net assets in equities and equity equivalent securities of companies which are domiciled in, based in, carry out the larger part of their business activities in or are listed on a Regulated Market in, the United States of America. The sub-fund may also invest in eligible closed-ended Real Estate Investment Trusts ("REITs").
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
-0.92
1 month
-0.01
6 months
12.77
1 year
25.79
3 years
26.58
Since start *
118.23
Annualized Return %
1 week
1 month
6 months
1 year
25.79
3 years
8.17
since start *
11.36
Annual Volatility %
1 week
1 month
6 months
1 year
10.84
3 years
16.96
since start *
18.27
Sharpe ratio +
1 week
1 month
6 months
1 year
2.33
3 years
0.45
since start *
0.59
*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+2 |
| Dealing basis (redemptions) What is this? | T+2 |
| Sector | All |
| Asset class | Equity |
| Asset sub-class | Mixed |
| Region | US Peer funds |
| Dividend distribution option | Re-investment, Cash payout |
| Launch price | USD 40.000 |
| Price currency [1] | USD |
| Payment currency | USD |
| Investment type | Cash only |
| Risk (volatility) What is this? | Medium High |
|
Fund annual management & service fee
[2] (built into daily pricing, check prospectus for details) |
0.600% |
| Latest bid/NAV price | USD 86.693 (12-Dec-2024) |
| Bid price changes from last available price | -0.12% |
| Benchmark | HSBC Economic Scale US Net |
| Minimum initial investment | USD 1,000 |
| Minimum subsequent investment | USD 500 |
| 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.