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HSBC GIF Euro Bond AC EUR

Ranked 100 out of 173 in - Euro over 12 months
All calculations are in EUR unless stated

Managed by

Karen Benouaich Kadosch

Jean-Philippe Munch

Jean-Philippe Munch was born in 1960 in Brest, France. He holds a degree in finance from the Université Paris II, and has been working in the financial industry for well over 20 years. He currently works as HSBC having joined in September 2005. His previous experience includes working as a fixed income trader at CIC Bank and as a fund manager at Société Bourse Tuffier.

Objective

The sub-fund invests for total return primarily in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities from around the world denominated in Euro. The sub-fund will seek to invest primarily in securities issued in developed markets such as OECD countries. The sub-fund may also invest in financial derivative instruments such as futures options swaps (including but not limited to credit default swaps and Total Return Swaps) and forward currency contracts and in other currency and credit derivatives. These financial derivative instruments may be denominated in currencies other than EUR although the net currency exposure will be very close to 100% in EUR at all times.

Showing fund performance in Luxembourg View performance globally

Performance

Euro over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 0.1% -0.8%
2017 0.7% -0.7% 0.5% 0.5% 0.4%
2016 3.3% 3.1% 1.8% 1.1% -2.7%
2015 -1.1% 3.0% -5.3% 0.7% 0.6%
2014 10.8% 2.8% 2.7% 2.4% 2.4%
2013 2.2% -0.3% 0.0% 1.0% 1.4%
2012 13.0% 4.5% 0.6% 4.3% 3.1%
2011 2.9% -0.1% 1.2% 1.2% 0.6%
2010 3.3% 3.3% -0.1% 2.8% -2.7%
2009 14.3% 0.2% 7.0% 5.8% 0.8%
2008 0.8% 1.3% -2.5% 1.6% 0.4%
2007 0.3% 0.2% -1.7% 1.3% 0.6%
2006 -0.8% -1.8% -0.9% 2.8% -0.8%
2005 4.1% 0.6% 3.2% 0.7% -0.3%
2004 5.9% 2.2% -1.2% 2.4% 2.4%
2003 0.2% -0.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2018

Top 10 Holdings

Stock Size
Other Liabilities 19.24%
Germany 5.500% 04-Jan-2031 5.18%
Germany 4.750% 04-Jul-2040 4.72%
Germany 4.000% 04-Jan-2037 4.45%
Italy 3.750% 01-Aug-2021 4.25%
France 0.250% 25-Nov-2026 2.97%
Italy 4.750% 01-Aug-2023 2.86%
Netherlands 4.000% 15-Jan-2037 2.77%
Italy 5.000% 01-Mar-2022 2.66%
Belgium 4.500% 28-Mar-2026 2.36%
31/07/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Czech Republic
  4. Denmark
  5. Estonia
  6. Finland
  7. France
  8. Germany
  9. Hong Kong
  10. Ireland
  11. Italy
  12. Jersey
  13. Luxembourg
  14. Mauritius
  15. Netherlands
  16. Norway
  17. Spain
  18. Sweden
  19. Switzerland
  20. United Kingdom

Fund Info

  • Launch date07/04/2003
  • Share Class size14Mn
  • Base currencyUSD
  • ISIN LU0165129312

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0

Charges

  • Annual management0.75%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).