HSBC Global Strategy Cautious Portfolio Class C Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/05/20
to
31/05/21		 31/05/21
to
31/05/22		 31/05/22
to
31/05/23		 31/05/23
to
31/05/24		 31/05/24
to
31/05/25
Fund 4.1% -4.7% -3.4% 4.5% 5.4%
Sector 14.2% -1.3% -1.9% 9.5% 5.5%
Rank 142/150 164/185 139/186 196/202 113/205
Quartile 4 4 3 4 3

Annualised performance

Annualised
3 Years to
31/05/25		 5 Years to
31/05/25		 10 Years to
31/05/25
Fund 2.1% 1.1% 2.8%
Sector 4.3% 5.0% 4.4%
Rank 161/186 142/150 71/88
Quartile 4 4 4

Top 10 Holdings

Stock % Weight
US T Bill 2.25% 15/11/2027 3.72
US Treasury Note/Bond 3% 15/05/2045 3.02
United States Treasury NoteBond 4.5% 31/03/2026 2.75
Japan (Govt) 1.1% 20/03/2033 2.72
ICF Long Gilt Future JUN 2025 2.66
Bundesrepublic 4.75% 04/07/2034 1.75
France (Govt Of) 2.5% 25/05/2030 1.60
MFM IBEX 35 INDX FUTR May25 1.03
Italy Buoni Poliennali Del Tesor 0.95% 01/12/2031 0.86
APPLE 0.69
Total 20.80

Fund Aims

To provide capital growth through cautious investment in a broad range of asset classesacross global markets, with a bias towards fixed interest securities.This is one of a range of actively managed Global Strategy Portfolios offered at five differentrisk levels. The Fund is rated as 1, where 1 is a lower level of risk and 5 is a higher level ofrisk. The Fund is managed with the aim of maximising returns in line with its agreed long termrisk profile therefore any potential gains are likely to be limited by the risk profile of the Fund.To achieve its objective the Fund invests mainly in collective investment schemes, includingexchange traded funds, and directly into certain asset classes. The collective investmentschemes that the Fund may invest in include those which aim to track the performance ofmarket indices. Such assets shall, in turn, invest in equities, fixed interest securities andproperty securities that make up the relevant index.The collective investment schemes that the Fund invests in will, where possible, be thosemanaged or operated by the ACD or an associate of the ACD. Where this is not possible theFund may invest in collective investment schemes operated by third party fund providers.The Fund may invest directly in equities, fixed interest securities and property securitieswhere exposure to an asset class can be adequately achieved with a relatively low numberof holdings. The Fund may also invest in money market instruments, deposits and cash tomanage day-to-day cash flow requirements.Additionally, the Fund may use exchange traded and over the counter derivatives and forwardcurrency contracts for efficient portfolio management, including hedging, purposes and forinvestment purposes. Investing in derivatives for investment purposes means, in particular,maintaining positions in these investments for the long term rather than just for tacticalshort-term purposes.

Fund Manager

HSBC AMG Multi Asset Team manager for 6 years and 8 months

Photo of HSBC AMG Multi Asset Team N/A

Fund Overview

Mid (18/06/2025) 160.20p
Historic yield 2.12%
Fund size (30/04/2025) £305.74m
Number of holdings 9684
Entry Charge 0.00%
Ongoing Charges 0.21%
Launch date 17/10/2011

Asset Allocation

pie chart
  International Bonds 54.09%
  International Equities 15.64%
  UK Gilts 2.43%
  Property 1.13%
  UK Corporate Bonds 0.75%
  Alternative Trading Strategies 0.61%
  UK Equities 0.46%
  Cash and Equivalents 0.42%
  Investment Trusts 0.00%
  Other Assets 24.47%
Portfolio data accurate as at: 30/04/25

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 54.09%
  International Equities 15.64%
  UK Gilts 2.43%
  Property 1.13%
  UK Corporate Bonds 0.75%
  Alternative Trading Strategies 0.61%
  UK Equities 0.46%
  Cash and Equivalents 0.42%
  Investment Trusts 0.00%
  Other Assets 24.47%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 57.26% - - -
 
 Non-Classified 24.48% - - -
 
 Non-Classified - 20.12% - -
 
 Non-Classified - - 20.12% -
 
 Non-Classified - - - 20.12%
 
 Technology 4.43% - - -
 
 Technology - 4.43% - -
 
 Software & Computer Services - - 2.22% -
 
 Software - - - 1.18%
 
 Consumer Digital Services - - - 0.86%
 
 Computer Services - - - 0.18%
 
 Technology Hardware & Equipment - - 2.21% -
 
 Semiconductors - - - 1.20%
 
 Computer Hardware - - - 0.76%
 
 Production Technology Equipment - - - 0.14%
 
 Electronic Components - - - 0.09%
 
 Electronic Office Equipment - - - 0.01%
 
 Financials 2.40% - - -
 
 Banks - 1.12% - -
 
 Banks - - 1.12% -
 
 Banks - - - 1.12%
 
 Financial Services - 0.78% - -
 
 Investment Banking & Brokerage Services - - 0.66% -
 
 Investment Services - - - 0.27%
 
 Diversified Financial Services - - - 0.25%
 
 Asset Managers & Custodians - - - 0.14%
 
 Finance & Credit Services - - 0.11% -
 
 Financial Data & Systems - - - 0.08%
 
 Consumer Lending - - - 0.03%
 
 Mortgage Finance - - - 0.00%
 
 Equity Investment Instruments - - 0.00% -
 
 Equity Investment Instruments - - - 0.00%
 
 Insurance - 0.51% - -
 
 Non-life Insurance - - 0.38% -
 
 Property & Casualty Insurance - - - 0.17%
 
 Full Line Insurance - - - 0.10%
 
 Insurance Brokers - - - 0.08%
 
 Reinsurance - - - 0.03%
 
 Life Insurance - - 0.13% -
 
 Life Insurance - - - 0.13%
 
 Consumer Discretionary 2.28% - - -
 
 Retail - 0.96% - -
 
 Retailers - - 0.96% -
 
 Diversified Retailers - - - 0.70%
 
 Home Improvement Retailers - - - 0.11%
 
 Specialty Retailers - - - 0.07%
 
 Apparel Retailers - - - 0.07%
 
 Consumer Products & Services - 0.39% - -
 
 Personal Goods - - 0.12% -
 
 Clothing & Accessories - - - 0.05%
 
 Footwear - - - 0.03%
 
 Cosmetics - - - 0.02%
 
 Luxury Items - - - 0.02%
 
 Leisure Goods - - 0.12% -
 
 Electronic Entertainment - - - 0.06%
 
 Consumer Electronics - - - 0.04%
 
 Recreational Vehicles & Boats - - - 0.01%
 
 Recreational Products - - - 0.01%
 
 Toys - - - 0.01%
 
 Photography - - - 0.00%
 
 Consumer Services - - 0.09% -
 
 Consumer Services: Misc. - - - 0.07%
 
 Vending & Catering Service - - - 0.01%
 
 Rental & Leasing Services: Consumer - - - 0.00%
 
 Education Services - - - 0.00%
 
 Storage Facilities - - - 0.00%
 
 Household Goods & Home Construction - - 0.05% -
 
 Home Construction - - - 0.04%
 
 Household Appliance - - - 0.01%
 
 Household Equipment & Products - - - 0.00%
 
 Household Furnishings - - - 0.00%
 
 Automobiles & Parts - 0.38% - -
 
 Automobiles & Parts - - 0.38% -
 
 Automobiles - - - 0.34%
 
 Auto Parts - - - 0.04%
 
 Tires - - - 0.01%
 
 Auto Services - - - 0.00%
 
 Travel & Leisure - 0.34% - -
 
 Travel & Leisure - - 0.34% -
 
 Restaurants & Bars - - - 0.13%
 
 Travel & Tourism - - - 0.09%
 
 Hotels & Motels - - - 0.04%
 
 Airlines - - - 0.04%
 
 Casinos & Gambling - - - 0.03%
 
 Recreational Services - - - 0.01%
 
 Media - 0.21% - -
 
 Media - - 0.21% -
 
 Entertainment - - - 0.16%
 
 Media Agencies - - - 0.02%
 
 Radio & TV Broadcasters - - - 0.01%
 
 Publishing - - - 0.01%
 
 Industrials 2.06% - - -
 
 Industrial Goods & Services - 1.87% - -
 
 Industrial Support Services - - 0.58% -
 
 Transaction Processing Services - - - 0.36%
 
 Professional Business Support Services - - - 0.14%
 
 Industrial Suppliers - - - 0.05%
 
 Business Training & Employment Agencies - - - 0.02%
 
 Security Services - - - 0.01%
 
 Forms & Bulk Printing Services - - - 0.00%
 
 General Industrials - - 0.34% -
 
 Diversified Industrials - - - 0.26%
 
 Paints & Coatings - - - 0.03%
 
 Containers & Packaging - - - 0.03%
 
 Plastics - - - 0.01%
 
 Glass - - - 0.00%
 
 Aerospace & Defence - - 0.31% -
 
 Aerospace - - - 0.22%
 
 Defense - - - 0.09%
 
 Industrial Transportation - - 0.24% -
 
 Railroads - - - 0.07%
 
 Delivery Services - - - 0.04%
 
 Transportation Services - - - 0.03%
 
 Commercial Vehicles & Parts - - - 0.02%
 
 Marine Transportation - - - 0.02%
 
 Trucking - - - 0.02%
 
 Commercial Vehicle-Equipment Leasing - - - 0.02%
 
 Railroad Equipment - - - 0.01%
 
 Electronic & Electrical Equipment - - 0.21% -
 
 Electrical Components - - - 0.07%
 
 Electronic Equipment: Gauges & Meters - - - 0.05%
 
 Electronic Equipment: Control & Filter - - - 0.05%
 
 Electronic Equipment: Pollution Control - - - 0.02%
 
 Electronic Equipment: Other - - - 0.02%
 
 Industrial Engineering - - 0.19% -
 
 Machinery: Industrial - - - 0.07%
 
 Machinery: Construction & Handling - - - 0.05%
 
 Machinery: Agricultural - - - 0.03%
 
 Machinery: Engines - - - 0.02%
 
 Machinery: Tools - - - 0.02%
 
 Machinery: Specialty - - - 0.00%
 
 Construction & Materials - 0.19% - -
 
 Construction & Materials - - 0.19% -
 
 Building Materials: Other - - - 0.05%
 
 Building: Climate Control - - - 0.05%
 
 Construction - - - 0.03%
 
 Cement - - - 0.02%
 
 Engineering & Contracting Services - - - 0.02%
 
 Building, Roofing/Wallboard & Plumbing - - - 0.00%
 
 Real Estate 1.71% - - -
 
 Real Estate - 1.71% - -
 
 Real Estate Investment Trusts - - 1.44% -
 
 Retail REITs - - - 0.26%
 
 Residential REITs - - - 0.22%
 
 Other Specialty REITs - - - 0.22%
 
 Industrial REITs - - - 0.21%
 
 Health Care REITs - - - 0.19%
 
 Diversified REITs - - - 0.08%
 
 Office REITs - - - 0.07%
 
 Hotel & Lodging REITs - - - 0.07%
 
 Storage REITs - - - 0.07%
 
 Infrastructure REITs - - - 0.04%
 
 Timber REITs - - - 0.01%
 
 Real Estate Investment & Services - - 0.27% -
 
 Real Estate Holding and Development - - - 0.24%
 
 Real Estate Services - - - 0.03%
 
 Health Care 1.54% - - -
 
 Health Care - 1.54% - -
 
 Pharmaceuticals & Biotechnology - - 0.86% -
 
 Pharmaceuticals - - - 0.77%
 
 Biotechnology - - - 0.09%
 
 Medical Equipment & Services - - 0.47% -
 
 Medical Equipment - - - 0.37%
 
 Medical Supplies - - - 0.09%
 
 Medical Services - - - 0.02%
 
 Health Care Providers - - 0.20% -
 
 Health Care Management Services - - - 0.15%
 
 Health Care Facilities - - - 0.04%
 
 Health Care Services - - - 0.01%
 
 Consumer Staples 0.87% - - -
 
 Food, Beverage & Tobacco - 0.53% - -
 
 Beverages - - 0.21% -
 
 Soft Drinks - - - 0.15%
 
 Brewers - - - 0.04%
 
 Distillers & Vintners - - - 0.03%
 
 Food Producers - - 0.20% -
 
 Food Products - - - 0.17%
 
 Fruit & Grain Processing - - - 0.02%
 
 Farming, Fishing, Ranching & Plantations - - - 0.01%
 
 Tobacco - - 0.12% -
 
 Tobacco - - - 0.12%
 
 Personal Care, Drug & Grocery Stores - 0.34% - -
 
 Personal Care, Drug & Grocery Stores - - 0.34% -
 
 Personal Products - - - 0.17%
 
 Food Retailers & Wholesalers - - - 0.07%
 
 Drug Retailers - - - 0.07%
 
 Nondurable Household Products - - - 0.02%
 
 Alternative Trading Strategies 0.61% - - -
 
 Alternative Trading Strategies - 0.61% - -
 
 Alternative Trading Strategies - - 0.61% -
 
 Alternative Trading Strategies - - - 0.61%
 
 Energy 0.58% - - -
 
 Energy - 0.58% - -
 
 Non-Renewable Energy - - 0.56% -
 
 Integrated Oil & Gas - - - 0.25%
 
 Oil: Crude Producers - - - 0.12%
 
 Oil Refining and Marketing - - - 0.08%
 
 Pipelines - - - 0.06%
 
 Oil Equipment & Services - - - 0.03%
 
 Offshore Drilling & Other Services - - - 0.01%
 
 Coal - - - 0.01%
 
 Renewable Energy - - 0.02% -
 
 Renewable Energy Equipment - - - 0.02%
 
 Utilities 0.47% - - -
 
 Utilities - 0.47% - -
 
 Electricity - - 0.31% -
 
 Conventional Electricity - - - 0.29%
 
 Alternative Electricity - - - 0.01%
 
 Gas, Water & Multi-utilities - - 0.13% -
 
 Multi-Utilities - - - 0.09%
 
 Gas Distribution - - - 0.02%
 
 Water - - - 0.02%
 
 Waste & Disposal Services - - 0.03% -
 
 Waste & Disposal Services - - - 0.03%
 
 Telecommunications 0.46% - - -
 
 Telecommunications - 0.46% - -
 
 Telecommunications Service Providers - - 0.29% -
 
 Telecommunications Services - - - 0.25%
 
 Cable Television Services - - - 0.04%
 
 Telecommunications Equipment - - 0.18% -
 
 Telecommunications Equipment - - - 0.18%
 
 Basic Materials 0.43% - - -
 
 Basic Resources - 0.23% - -
 
 Industrial Metals & Mining - - 0.17% -
 
 General Mining - - - 0.07%
 
 Iron & Steel - - - 0.05%
 
 Copper - - - 0.02%
 
 Metal Fabricating - - - 0.02%
 
 Nonferrous Metals - - - 0.01%
 
 Aluminum - - - 0.01%
 
 Precious Metals & Mining - - 0.04% -
 
 Gold Mining - - - 0.04%
 
 Platinum & Precious Metals - - - 0.00%
 
 Diamonds & Gemstones - - - 0.00%
 
 Industrial Materials - - 0.02% -
 
 Paper - - - 0.01%
 
 Diversified Materials - - - 0.01%
 
 Forestry - - - 0.00%
 
 Chemicals - 0.19% - -
 
 Chemicals - - 0.19% -
 
 Chemicals: Diversified - - - 0.12%
 
 Specialty Chemicals - - - 0.06%
 
 Fertilizers - - - 0.01%
 
 Chemicals & Synthetic Fibers - - - 0.00%
 
 Cash and Equivalents 0.42% - - -

Regional Allocation

pie chart
  North America 39.60%
  Non-Classified 25.51%
  Developed Europe - Excl UK 16.09%
  Japan 7.23%
  Emerging Asia 4.46%
  UK 3.64%
  Property 1.03%
  Australia & New Zealand 0.85%
  Cash and Equivalents 0.42%
  Other Regions 1.16%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 42.32%
  US Dollar 28.31%
  Euro 14.30%
  Yen 6.27%
  Pound Sterling 3.41%
  Yuan Renminbi 2.92%
  Other Currencies 2.47%

Regional Breakdown

Expand allCollapse all
Region Country
 
 North America 39.60% -
 
 United States - 38.68%
 
 Canada - 0.91%
 
 Non-Classified 25.51% -
 
 Developed Europe - Excl UK 16.09% -
 
 France - 4.28%
 
 Germany - 3.67%
 
 Italy - 3.10%
 
 Spain - 1.49%
 
 Netherlands - 0.93%
 
 Belgium - 0.47%
 
 Ireland - 0.42%
 
 Switzerland - 0.37%
 
 Austria - 0.32%
 
 Sweden - 0.24%
 
 Luxembourg - 0.21%
 
 Finland - 0.19%
 
 Denmark - 0.17%
 
 Portugal - 0.16%
 
 Norway - 0.07%
 
 Liechtenstein - 0.00%
 
 Japan 7.23% -
 
 Japan - 7.23%
 
 Emerging Asia 4.46% -
 
 China - 3.37%
 
 India - 0.36%
 
 Taiwan - 0.31%
 
 South Korea - 0.20%
 
 Malaysia - 0.15%
 
 Indonesia - 0.03%
 
 Thailand - 0.03%
 
 Philippines - 0.02%
 
 UK 3.64% -
 
 United Kingdom - 3.64%
 
 Jersey - 0.00%
 
 Property 1.03% -
 
 Australia & New Zealand 0.85% -
 
 Australia - 0.75%
 
 New Zealand - 0.09%
 
 Cash and Equivalents 0.42% -
 
 Developed Asia 0.36% -
 
 Singapore - 0.18%
 
 Hong Kong - 0.18%
 
 South & Central America 0.33% -
 
 Mexico - 0.23%
 
 Brazil - 0.07%
 
 Chile - 0.03%
 
 Colombia - 0.00%
 
 Venezuela - 0.00%
 
 Middle East & Africa 0.26% -
 
 Israel - 0.08%
 
 Saudi Arabia - 0.07%
 
 South Africa - 0.05%
 
 United Arab Emirates - 0.03%
 
 Qatar - 0.01%
 
 Kuwait - 0.01%
 
 Cote D'Ivoire - 0.00%
 
 Egypt - 0.00%
 
 Emerging Europe 0.21% -
 
 Poland - 0.17%
 
 Greece - 0.01%
 
 Turkey - 0.01%
 
 Hungary - 0.01%
 
 Czech Republic - 0.00%
 
 Croatia - 0.00%
 
 Russian Federation - 0.00%

Asset Allocation

pie chart
  Treasury 3.75% Stk 07/09/19 7.79%
  iShares Plc iShares MarkIt iBoxx USD Corp Bd Fund 7.77%
  HSBC FTSE All-Share Index Fund Retail Inc 5.44%
  HSBC American Index Fund Retail Inc 5.08%
  Treasury 4.75% Stk 2015 5.00%
  US Treasury Bills 0.25% BILL 30/11/13 USD 1000 4.96%
  Other Assets 16.59%

Breakdown By Market Cap (%)

Mega
 
 
11.29%
Large
 
 
3.75%
Medium
 
 
1.03%
Small
 
 
0.06%
Micro
 
 
0.01%
Non-Classified
 
 
26.18%
Bonds
 
 
57.26%
Cash
 
 
0.42%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
25.80%
5Yr - 10Yr Maturity
 
 
17.56%
10Yr - 15Yr Maturity
 
 
2.23%
> 15Yr Maturity
 
 
11.67%
Cash And Equivalents
 
 
0.42%
Unknown Maturity
 
 
4.35%
Other Asset Types
 
 
37.97%

Fixed Interest Quality Profile

AAA
 
 
25.23%
AA
 
 
6.06%
A
 
 
7.87%
BBB
 
 
5.02%
Sub-Investment Grade
 
 
0.12%
Unknown Quality
 
 
12.96%
Cash and Equivalents
 
 
0.42%
Other Asset Types
 
 
42.32%

Top 10 Fund Holdings

Name % Weight Sector Country
1 HSBC Global Government Bond Index Class ZQH 28.95% Managed Funds Managed Funds
2 US Corporate Bond Index Fund INC 12.45% Managed Funds Managed Funds
3 HSBC American Index Class AC 10.30% Managed Funds Managed Funds
4 HSBC Global Corporate Bond Index Class ZQH 9.44% Managed Funds Managed Funds
5 Euro Corporate Bond Index Fund INC 4.71% Managed Funds Managed Funds
6 US T Bill 2.25% 15/11/2027 3.68% Bonds United States
7 US Treasury Note/Bond 3% 15/05/2045 3.01% Bonds United States
8 HSBC Global Sterling Liquidity Funds PLC Inc 2.85% Managed Funds Managed Funds
9 Japan (Govt) 1.1% 20/03/2033 2.72% Bonds Japan
10 ICF Long Gilt Future JUN 2025 2.66% Non-Classified Non-Classified

Top 10 Holdings

Stock % Weight Sector Country
1 US T Bill 2.25% 15/11/2027 3.72% Bonds United States
2 US Treasury Note/Bond 3% 15/05/2045 3.02% Bonds United States
3 United States Treasury NoteBond 4.5% 31/03/2026 2.75% Bonds United States
4 Japan (Govt) 1.1% 20/03/2033 2.72% Bonds Japan
5 ICF Long Gilt Future JUN 2025 2.66% Non-Classified Non-Classified
6 Bundesrepublic 4.75% 04/07/2034 1.75% Bonds Germany
7 France (Govt Of) 2.5% 25/05/2030 1.60% Bonds France
8 MFM IBEX 35 INDX FUTR May25 1.03% Non-Classified Non-Classified
9 Italy Buoni Poliennali Del Tesor 0.95% 01/12/2031 0.86% Bonds Italy
10 APPLE 0.69% Technology Hardware & Equipment United States

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B84DV18
Mex Code DDHS32
Isin Code GB00B84DV184
Citi Code G1HF

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.21%

Aims and Benchmark

Aims To provide capital growth through cautious investment in a broad range of asset classesacross global markets, with a bias towards fixed interest securities.This is one of a range of actively managed Global Strategy Portfolios offered at five differentrisk levels. The Fund is rated as 1, where 1 is a lower level of risk and 5 is a higher level ofrisk. The Fund is managed with the aim of maximising returns in line with its agreed long termrisk profile therefore any potential gains are likely to be limited by the risk profile of the Fund.To achieve its objective the Fund invests mainly in collective investment schemes, includingexchange traded funds, and directly into certain asset classes. The collective investmentschemes that the Fund may invest in include those which aim to track the performance ofmarket indices. Such assets shall, in turn, invest in equities, fixed interest securities andproperty securities that make up the relevant index.The collective investment schemes that the Fund invests in will, where possible, be thosemanaged or operated by the ACD or an associate of the ACD. Where this is not possible theFund may invest in collective investment schemes operated by third party fund providers.The Fund may invest directly in equities, fixed interest securities and property securitieswhere exposure to an asset class can be adequately achieved with a relatively low numberof holdings. The Fund may also invest in money market instruments, deposits and cash tomanage day-to-day cash flow requirements.Additionally, the Fund may use exchange traded and over the counter derivatives and forwardcurrency contracts for efficient portfolio management, including hedging, purposes and forinvestment purposes. Investing in derivatives for investment purposes means, in particular,maintaining positions in these investments for the long term rather than just for tacticalshort-term purposes.
Benchmark Not Benchmarked
Benchmark Category -
IA Sector Volatility Managed

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type No income
Distribution Payment Basis Net

Ratings

FE Crown Crown Rating of 1

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository State Street Trustees Limited
Fund Administrator HSBC Global Asset Management (UK) Limited
Fund Registrar State Street Trustees Limited
Fund Custodian HSBC Global Asset Management (UK) Limited

Group Details

Group name HSBC Asset Management (Fund Services UK)
Group address 1st Floor 78 St James's Street London SW1A 1EJ
Group telephone 0800 181 890
Dealing telephone 0845 7456126
Email adviser.services@hsbc.com
Homepage www.assetmanagement.hsbc.com/uk
Fax number 020 7024 1989

Dealing

Minimum Investment -
Minimum Top Up -
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.