HSBC UK Growth & Income

(Class A Accumulation [GBP])

 

Performance

Cumulative Performance (%)

3m 6m 1Yr 3Yr 5Yr
Fund 1.56% 8.47% 5.60% 28.22% 64.69%
Sector 0.68% 5.90% 3.94% 22.73% 54.65%
Rank 17/219 39/218 83/215 42/212 66/202
Quartile 1 1 2 1 2

Discrete Performance (%) - to last month end

04/20 to 04/21 04/21 to 04/22 04/22 to 04/23 04/23 to 04/24 04/24 to 04/25
Fund 20.49% 6.23% 6.72% 7.90% 5.65%
Sector 30.33% -0.07% 1.82% 6.87% 4.10%
Rank 161/202 69/206 43/212 74/214 83/215
Quartile 4 2 1 2 2

Fund Aims

The Fund aims to provide growth and income in the long term, which is a period of five years or more.To achieve its objective, the Fund will invest at least of 80% of its value in the shares (equities) of UK companies, including preference shares. UK companies are deemed to be those that are domiciled or incorporated in the UK or earn at least 80% of their revenue from the UK.The Fund may also invest up to 20% of its value in the shares of companies listed on a UK stock exchange that are not UK companies (as defined above). The Fund may invest no more than 10% of its value in the shares of companies that are neither UK companies nor listed on a UK stock exchange.The Fund may invest up to 10% of its value in collective investment schemes, which in turn invest in the shares of UK companies and other assets. The collective investment schemes may be managed by the HSBC Group.The Fund may invest in money market instruments, deposits and cash to manage day-to-day cash flow requirements.The Fund may invest in derivatives for efficient portfolio management purposes, including hedging. This means investment techniques that aim to reduce risks, reduce costs or generate growth and income with a level of risk that is consistent with the risk profile of the Fund. The investment process aims to identify companies that deliver longer term value creation in a sustainable manner. The fund manager will typically invest in the shares of 35 to 50 companies that can be purchased at an attractive valuation. The fund manager may vary this depending on market conditions and the investment opportunities that are available. The investment process is longer term in nature and as a result stewardship activity is integrated into investment decisions.Use of BenchmarksThe Fund is managed with reference to the FTSE All-Share Index. The level of risk the Fund may take is considered relative to the FTSE All-Share Index as part of the portfolio construction process.

Fund Managers

Tobyn Dickinson manager for: 12 years 3 months

TBC

Oliver Nils Gottlieb manager for: 12 years 3 months

TBC


Fund Overview

Price

Bid 175.40p

Offer 175.40p (19/05/2025)

Historic yield
3.69%
£246.9m
Number of holdings
45
Initial charge
4.00%
Annual Management Charge
1.50%
Ongoing Charges
1.54%

Top 10 Holdings
Stock Name % Weight
SHELL 8.5%
HSBC HOLDINGS 6.3%
BAE SYSTEMS 4.3%
ASTRAZENECA 4.2%
GSK 4.1%
BARCLAYS 4.0%
BP P.L.C. 3.7%
COMPASS GROUP 3.7%
ROYAL BANK OF SCOTLAND GROUP 3.5%
IMPERIAL BRANDS 3.1%
Total 45.4%

Equity Sector Allocation

FTSE/ICB Supersector % Weight
Industrial Goods & Services 17.6%
Banks 13.8%
Energy 12.2%
Health Care 9.8%
Consumer Products & Services 6.5%
Basic Resources 5.5%
Personal Care, Drug & Grocery Stores 5.1%
Food, Beverage & Tobacco 5.1%
Insurance 4.5%
Utilities 3.9%
Other 12.8%
Cash and Equivalents 1.7%


Data accurate at: 31/03/2025

Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested. Cumulative performance figures are calculated from the previous working day. Discrete performance figures are calculated from the previous month end.