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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:
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Secure Risk Level 0
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Cautious Risk Level 1 – 2
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Fund Code: ABHEA
AB SICAV I - International Health Care Portfolio EUR A       
Risk Level: 4
Offering Document: 
 
Investment Objective
The Portfolio seeks to increase the value of investment over time through capital growth. Under normal market conditions, the Portfolio typically invests at least 80%, and not less than two thirds, of its assets in equity securities of companies in health care and health care-related industries. These companies may be located anywhere in the world, including Emerging Markets. The Portfolio may be exposed to any currency.
Investment Strategy
HSBC investment category:
Healthcare
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 30-09-2024)
Asset allocation
Stock
Bond
Cash
Other
100.00%
0.00%
0.00%
0.00%
Total number of equity holdings: 40
Total number of bond holdings : 0
Equity holdings geographical allocation
Equity holdings sector allocation
Top 10 holdings
Holding % of net asset
Eli Lilly and Co 8.74
Top 10 underlying holdings
% of asset in Top 10 holdings -
UnitedHealth Group Inc 8.39
Top 10 underlying holdings
% of asset in Top 10 holdings -
Novo Nordisk AS Class B 6.82
Top 10 underlying holdings
% of asset in Top 10 holdings -
Merck & Co Inc 6.21
Top 10 underlying holdings
% of asset in Top 10 holdings -
Roche Holding AG 5.71
Top 10 underlying holdings
% of asset in Top 10 holdings -
Vertex Pharmaceuticals Inc 4.61
Top 10 underlying holdings
% of asset in Top 10 holdings -
Gilead Sciences Inc 4.52
Top 10 underlying holdings
% of asset in Top 10 holdings -
Regeneron Pharmaceuticals Inc 4.18
Top 10 underlying holdings
% of asset in Top 10 holdings -
Elevance Health Inc 3.94
Top 10 underlying holdings
% of asset in Top 10 holdings -
Intuitive Surgical Inc 3.70
Top 10 underlying holdings
% of asset in Top 10 holdings -
% of asset in Top 10 holdings 56.83
Fund Performance
(as of 30-09-2024)
Fund: AB SICAV I - International Health Care Portfolio EUR A
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
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • YTD
  • 16.48
  • 3.38
  • 25.65
  • -9.43
  • 0.74
  • 4.34
  • -
  • -
  • -
  • -
  • -
  • -
Fund Price Information
(as of 11-10-2024)
Fund price movement is calculated on Offer to Bid basis in fund class currency (EUR).
Indicative fund price:
  • NAV:
EUR 558.07
  • Bid:
-
  • Offer:
-
Change vs previous trading day:
0.98%
52 week low-high:
EUR 470.67 - EUR 579.16
Fund price information is provided based on the latest fund trading date.
Fund Statistic
(as of 30-09-2024)
Annualised return:
4.62%
Standard deviation:
14.56%
Sharpe ratio:
0.23
Alpha:
0.68
Beta:
1.06
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):
0.018 or 0.0175
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:
EUR
Fund class inception date:
04-01-1999
Fund share class size (Million):
508.09
(as of 30-09-2024)
Fund manager
(Start date):
Vinay Thapar (01-04-2013)
JohnH. Fogarty (01-07-2019)
Fund house:
AllianceBernstein (Singapore) Ltd.
Morningstar Rating:

(as of 30-09-2024)
ISIN:
LU0251853072
Initial Investment Amount:
1,000
Other fund classes available with HSBC:
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Disclaimers:


The declaration of distribution is at the sole discretion of the Fund Manager and is not guaranteed. The dividend information is for your reference only and it is not indicative of future performance.

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Investment involves risk. Investments are not obligations of, deposits in, insured or guaranteed by HSBC Bank (Singapore) Limited. The information contained on this web site is intended for Singapore residents only and should not be construed as a distribution, an offer to sell, or a solicitation to buy any securities in any jurisdiction where such activities would be unlawful under the laws of such jurisdiction, in particular the United States of America and Canada. You should refer to the website disclaimers for further important details.


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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