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Fund Code: HAAUR
HSBC Global Investment Funds - Asia Bond AM2 USD REINVEST       
Risk Level: 2
Offering Document: 
Investment Objective
The sub-fund aims to provide long term total return by investing in a portfolio of Asian bonds. The sub-fund invests in normal market conditions a minimum of 90% of its net assets in Investment Grade and Non-Investment Grade rated and unrated fixed income and other similar securities which are either issued or guaranteed by governments, government agencies and supranational bodies in Asia or by companies which are domiciled in, based in, or carry out the larger part of their business in, Asia. Investment in onshore Chinese fixed income securities include, but are not limited to, onshore fixed income securities denominated in RMB, issued within the People’s Republic of China (“PRC”) and traded on the China Interbank Bond Market (“CIBM”). The sub-fund may invest in the CIBM either through Bond Connect and/or the CIBM Initiative.
Investment Strategy
HSBC investment category:
Asian Fixed Income
Investment type:
Fixed Income
Investment style:
Fixed Income
Interest rate sensitivity:
Investment instrument:
Bond, Cash, Other
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 31-05-2024)
Asset allocation
Total number of equity holdings: 0
Total number of bond holdings : 300
Top 5 bond holdings country exposure
Country exposure %
China 44.29
Indonesia 15.36
South Korea 13.12
Hong Kong 11.97
India 10.85
Top 10 holdings
Holding % of net asset
5 Year Treasury Note Future Sept 24 2.66
Top 10 underlying holdings
% of asset in Top 10 holdings -
Bank of China Ltd. 5% 2.01
Top 10 underlying holdings
% of asset in Top 10 holdings -
Philippines (Republic Of) 4.2% 1.69
Top 10 underlying holdings
% of asset in Top 10 holdings -
TSMC Global Ltd. 1.25% 1.47
Top 10 underlying holdings
% of asset in Top 10 holdings -
Philippines (Republic Of) 2.95% 1.43
Top 10 underlying holdings
% of asset in Top 10 holdings -
Indonesia (Republic of) 4.2% 1.41
Top 10 underlying holdings
% of asset in Top 10 holdings -
Airport Authority Hong Kong 2.1% 1.40
Top 10 underlying holdings
% of asset in Top 10 holdings -
Tencent Holdings Ltd. 3.8% 1.36
Top 10 underlying holdings
% of asset in Top 10 holdings -
Ultra 10 Year US Treasury Note Future Sept 24 1.29
Top 10 underlying holdings
% of asset in Top 10 holdings -
SF Holding Investment Ltd. 2.875% 1.18
Top 10 underlying holdings
% of asset in Top 10 holdings -
% of asset in Top 10 holdings 15.91
Fund Performance
(as of 30-06-2024)
Fund: HSBC Global Investment Funds - Asia Bond AM2 USD REINVEST
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
  • -
  • -
  • -
  • -18.69
  • 1.83
  • -2.18
  • -
  • -
  • -
  • -
  • -
  • -
Fund Price Information
(as of 23-07-2024)
Fund price movement is calculated on Offer to Bid basis in fund class currency (USD).
Indicative fund price:
  • NAV:
USD 7.785
  • Bid:
  • Offer:
Change vs previous trading day:
52 week low-high:
USD 7.448 - USD 7.936
Fund price information is provided based on the latest fund trading date.
Dividend Information
(as of 30-06-2024)
Target distribution frequency:
Dividend yield:
Last dividend paid (per unit):
USD 0.04
Last ex-dividend date:
Dividend yield is the dividend amount declared over the past twelve months as a percentage of the last month-end fund unit price, show in 2 decimal places. The amount of dividend may not be guaranteed by Fund House.
Yield And Credit Information
(as of 31-05-2024)
Average current yield:
Average yield to maturity:
Average duration:
4.93 years
Average credit quality:
Credit quality breakdown:
% %
AAA 1.08 BB 9.87
AA 4.29 B 1.94
A 29.51 Below B 1.45
BBB 51.76 Not Rated 0.10
Current yield refers to the annual interest of the bonds divided by the market price of a bond. Yield to maturity is the rate of return anticipated on a bond if it is held until the maturity date, assumed that all coupons are reinvested at the same rate. Duration is a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Credit quality is based on Standard and Poor’s classification.
Fund Statistic
(as of 30-06-2024)
Annualised return:
Standard deviation:
Sharpe ratio:
Fund statistics are calculated by using 3 years historical data, and are not calculated for fund which is less than 3 years old.
Fees and Charges
Initial charge:
Annual management fee (maximum):
Distribution fee:
Redemption fee:
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:
Fund class inception date:
Fund share class size (Million):
USD 0.03
(as of 28-06-2024)
Fund manager
(Start date):
Ming Leap (20-10-2021)
AlfredLap Chung Mui (29-06-2016)
Fund house:
HSBC Global Asset Management (Singapore) Limited
Morningstar Rating:

Initial Investment Amount:
Other fund classes available with HSBC:
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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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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.