HSBC UK SMALLER COMPANIES - Fund overview

Portfolio

• Asset Allocation
• Equity Geographic
• Equity Capitalisation

Allocation		Proportion
	Equity	98%
	High yield bonds	0%
	Quality bonds	0%
	Property	0%
	Commodities	0%
	Hedge	0%
	Fund cash	2%

Allocation		Proportion
	UK	100%
	Europe	0%
	Nth America	0%
	Japan	0%
	Pacific	0%
	Other Equity	0%

Allocation		Proportion
	Large Caps	0%
	Mid Caps	0%
	Small Caps	100%

View all performance data for HSBC UK SMALLER COMPANIES

Investment process

The aim of the Fund is to provide a total return consistent with that of smaller company shares in the UK through direct and indirect investment
mainly in companies which, at the time of initial investment, are outside the top 350 companies by market capitalisation.
A fundamental but flexible style is adopted which combines both top down and bottom up views. The top down process is essentially more of an ideas generator, in that the weekly and monthly UK team meetings will highlight potential growth areas. The primary focus is on a core holding of growth stocks which make up approximately 60% of the portfolio. The remaining 40% in generally invested in shorter term trading opportunities. This might include selecting companies which might benefit from a change in the " business cycle". Stocks are reviewed on a continuous basis and company meetings are considered essential - this will typically lead to around 300 company contacts a year.