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Selecting products with risk level relative to your attitude towards investment risk.
At HSBC, we offer a full range of products for your consideration with respect to your investment objective, investment tenor and your attitude according to the table below.
The Fund Risk Level stated in this website is determined according to the historical volatility of the fund or, where appropriate, the historical volatility of a comparable market index or comparable fund:
Risk attitude Funds with risk level commensurate
Secure Risk Level 0
Very Cautious Risk Level 1
Cautious Risk Level 1 – 2
Balanced Risk Level 1 – 3
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Speculative Risk Level 1 – 5
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Fund Code: AAGPU
AB SICAV I American Growth Portfolio Class A USD       
Risk Level: 4
Offering Document: 
 
Investment Objective
The investment objective of the Portfolio is long-term growth of capital primarily through investment in equity securities of U.S. issuers. The Portfolio seeks to invest predominantly in equity securities (common stocks, securities convertible into common stocks and rights and warrants to subscribe for or purchase common stocks) of a limited number of large, carefully selected, high-quality U.S. companies that, in the judgment of the Investment Manager, are likely to achieve superior earnings growth. Under normal market conditions, about 40-60 companies will be represented in the Portfolio, with the 25 most highly regarded of these companies usually constituting approximately 70% of the Portfolio's net assets. Under normal circumstances, the Portfolio invests at least 80% of its net assets in equity securities issued by companies having their registered office in the United States or that carry out the preponderant part of their economic activities in the United States.
Investment Strategy
HSBC investment category:
US Equity
Investment type:
Equity
Investment style:
Equity
Interest rate sensitivity:
-
Investment instrument:
Stock
Investment style is only applicable for funds that invest in equities. Interest rate sensitivity is only applicable for funds that invest in fixed income product.
Fund Portfolio
(as of 31-10-2020)
Asset allocation
Stock
Bond
Cash
Other
100.00%
0.00%
0.00%
0.00%
Total number of equity holdings: 52
Total number of bond holdings : 0
Equity holdings geographical allocation
Equity holdings sector allocation
Top 10 holdings
Holding % of net asset
Alphabet Inc Class C 8.11
Top 10 underlying holdings
% of asset in Top 10 holdings -
Microsoft Corp 7.80
Top 10 underlying holdings
% of asset in Top 10 holdings -
Facebook Inc A 5.61
Top 10 underlying holdings
% of asset in Top 10 holdings -
Amazon.com Inc 5.47
Top 10 underlying holdings
% of asset in Top 10 holdings -
UnitedHealth Group Inc 5.02
Top 10 underlying holdings
% of asset in Top 10 holdings -
Visa Inc Class A 5.01
Top 10 underlying holdings
% of asset in Top 10 holdings -
Monster Beverage Corp 3.92
Top 10 underlying holdings
% of asset in Top 10 holdings -
Zoetis Inc Class A 3.86
Top 10 underlying holdings
% of asset in Top 10 holdings -
Intuitive Surgical Inc 3.30
Top 10 underlying holdings
% of asset in Top 10 holdings -
Vertex Pharmaceuticals Inc 3.20
Top 10 underlying holdings
% of asset in Top 10 holdings -
% of asset in Top 10 holdings 51.30
Fund Performance
(as of 31-10-2020)
Fund: AB SICAV I American Growth Portfolio Class A USD
Index:
Fund indexed performance (initial value =100%). Performance statistics are based on offer-bid prices of the fund with dividend reinvested, in fund class currency
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • YTD
  • 2.78
  • -4.83
  • 22.06
  • -4.29
  • 26.42
  • 11.51
  • -
  • -
  • -
  • -
  • -
  • -
Fund Price Information
(as of 27-11-2020)
Fund price movement is calculated on Offer to Bid basis in fund class currency (USD).
Indicative fund price:
  • NAV:
USD 144.38
  • Bid:
-
  • Offer:
-
Change vs previous trading day:
0.84%
52 week low-high:
USD 87.12 - USD 144.85
Fund price information is provided based on the latest fund trading date.
Fund Statistic
(as of 31-10-2020)
Annualised return:
15.65%
Standard deviation:
15.60%
Sharpe ratio:
0.98
Alpha:
1.48
Beta:
0.83
Fund statistics are calculated by using 3 years historical data, and are not calculated for fund which is less than 3 years old.
Sharpe ratio: Morningstar Asia Limited used the USD as the risk free factor for calculation
Alpha & Beta: Morningstar Asia Limited Used USD as the benchmark index for calculation
Fees and Charges
Initial charge:
0.05
Annual management fee (maximum):
0.015
Distribution fee:
-
Redemption fee:
0
Performance fee:
-
Highest contingent deferred sales charge:
-
Switching Fee:
-
The listed information may not cover all the fees and charges imposed on a fund. Please refer to the respective offering documents of the fund for details of relevant fees and charges.
Other Fund Information
Fund class currency:
USD
Fund class inception date:
06-01-1997
Fund share class size (Million):
USD 1,660.88
(as of 27-11-2020)
Fund manager
(Start date):
FrankV. Caruso (31-03-2012)
JohnH. Fogarty (31-03-2012)
Vinay Thapar (11-04-2018)
Fund house:
AllianceBernstein (Luxembourg) S.à r.l.
Morningstar Rating:

(as of 31-10-2020)
ISIN:
LU0079474960
Initial Investment Amount:
1000
Other fund classes available with HSBC:
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The Fund Risk Level stated in this website is determined according to the historical volatility of the fund or, where appropriate, the historical volatility of a comparable market index or comparable fund. You should refer to the detailed definition of fund risk level here.


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