HSBC Global Strategy Balanced Portfolio C

  • 197.00p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • 227.60p
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 0.10%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 0.19%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 1.00%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 18 June 2021

Fund summary

Sector Volatility Managed
Structure OEIC
Launched November, 2012
Size £1,597m
Yield 1.00%
Charging basis Income
Dividends paid 15 Jun, 15 Dec

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.10%
Ongoing charges figure 0.19%

Allocation

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Investment process

Manager research

Average monthly relative returns

  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -1.10%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Caroline Hitch / Jane Davies

Hitch is a senior portfolio manager responsible for a wide range of investment activities focused on developing, managing and reporting on the department's multi asset products. After graduating from Cambridge University with a degree in Economics, she joined James Capel & Co in London. Subsequently she has lived and worked in a number of other locations including the Channel Islands and Hong Kong and has been extensively involved with the activities of the investment teams in Europe and North America. Davies is a Senior Portfolio Manager and has been working in the industry since 1998. She has 14 years portfolio management experience with HSBC Group, focusing on multi-asset portfolio management and asset allocation. Her previous roles have included Head of Global Investment Solutions and Head of Multimanager for the UK and Middle East. She is a qualified Chartered Financial Analyst, holds the Investment Management Certificate (FSA, UK), is a Member of the Society of Technical Analysts (MSTA), and holds First Class BSc (Hons.) in Psychology and Philosophy (University of Leeds).

Track record

The track record of Caroline Hitch / Jane Davies in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.

Periods of worst performance

Absolute -9.00% (May 2012 - June 2012)
Relative -15.00% (May 2012 - May 2013)

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Top 10 holdings

Data accurate as at 31 July 2020

32.14% Hsbc American Index Inst Acc
18.33% Hsbc Global Corporate Bond Index Zqhusd
14.35% Hsbc Global Government Bond Index Zqhusd
8.08% Ishares Emergmkts Idx (Ie) Instl Acc Usd
7.65% Hsbc European Index Inst Acc
4.98% Ishares Dev Rl Ett Idx (Ie) Instl Acc $
4.42% Hsbc Global Liq Sterling Liquidity Y
2.42% Ishares Pacific Index (Ie) Instl Acc Usd
1.61% Hsbc Japan Index Inst Acc
1.54% Ishares Core S&P 500 Etf Usd Acc
Source: Trustnet

Sector breakdown

Government Bonds 15.00%
Information Technology 12.00%
Industrials 10.00%
Financials 8.00%
Health Care 8.00%
Financials 7.00%
Consumer Discretionary 6.00%
Communications 6.00%
Industrials 5.00%
Property 5.00%

Key Investor Information - Income

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Key Investor Information - Accumulation

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