HSBC Global Emerging Markets Bond Fund AC USD
Bond
Recent Price
Fund description
The Fund aims to track the HSBC Economic Scale Index United States (the “US Index”) by investing in securities that are included in the US Index.
The Fund will use a Full Replication strategy to track the US Index. The Investment Adviser may also decide to employ a strategy of Optimised Replication in specific circumstances including but not limited to where the size of the Fund is too small or falls below a threshold and it is not cost effective to adopt a fully replicated strategy or where there are market disruption events (i.e. market access issues). The Optimised Replication strategy involves the acquisition of a subset of the component securities of the US Index and possibly of some securities that are not included in the US Index that are designed to help the Fund track the performance of the US Index. The Fund does not intend to enter into any securities lending, repurchase or reverse repurchase transactions or similar over the counter transactions. The Fund does not intend to use financial derivative instruments extensively for investment purpose. However, the Fund may also invest in financial derivative instruments for hedging purposes and cash flow management (i.e. Equitisation). Where the Fund may be restricted to invest in certain components securities of the US Index, due to HSBC Group and/or local regulator restrictions, the Fund may use financial derivative instruments (e.g. contracts for difference) to achieve exposure to such components.
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
0.24
1 month
1.31
6 months
6.05
1 year
12.15
3 years
-6.56
Since start *
1.02
Annualized Return %
1 week
1 month
6 months
1 year
12.15
3 years
-2.24
since start *
0.13
Annual Volatility %
1 week
1 month
6 months
1 year
5.33
3 years
11.66
since start *
11.14
Sharpe ratio +
1 week
1 month
6 months
1 year
2.19
3 years
-0.23
since start *
-0.03
*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 | Emerging Global Peer funds |
| Dividend distribution option | NA |
| Launch price | USD 10.000 |
| 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) |
1.250% |
| Latest bid/NAV price | USD 36.750 (12-Dec-2024) |
| Bid price changes from last available price | -0.12% |
| Benchmark | JP Morgan EMBI Global Index |
| 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.