HSBC Corporate Bond Fund Retail Acc

Category GBP Corporate Bond


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Last buy/sell price

£2.8758

arrow-up£0.002 (+0.05%)

Fund Code

0017516

GB0000175165

Prices updated as at 27 Mar 2024
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Prices in GBP

Investment objective
The Fund aims to provide higher returns (before charges and tax are deducted from the Fund) than the Markit iBoxx GBP Corporates Index plus 1% per year, over three-year periods. To achieve its objective the Fund will invest at least 80% of its value in bonds that have a credit rating of investment grade and are issued in sterling or are hedged back to sterling. The bonds may be issued by companies and supranational or government-backed organisations which may be located anywhere in the world. The types of bond the Fund may invest in include covered bonds and asset backed securities. The Fund may also invest up to 20% of its value in other types of bonds such as bonds issued by governments, bonds with lower credit ratings, convertible bonds, contingent convertible bonds and shares (equities) of companies arising from convertible bonds.

Fund statusOpen
Fund typeOpen Ended Investment Company
Fund managerMohamed Siddeeq, Shamil Pankhania
2.88
2.55
Fund comparative indexMarkit iBoxx GBP Corp + 1% TR GBP
£ Corporate Bond
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1.11
0.00
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GBP Corporate Bond
No
Fund providerHSBC Global Asset Management (UK) Ltd
Share class launch date31 Oct 2000
£174.02m
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Quarterly
Please note that some funds may have small additional incidental charges that are not shown here. Where these charges do exist they are included within the variable ongoing costs in the Pre-sale Illustration.

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.