HSBC World Selection Dynamic Portfolio C

  • 260.30p
    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.

  • 299.60p
    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!

  • 0.55%
    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).

  • 0.87%
    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.

  • 1.50%
    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 20 January 2021

Fund summary

Sector Unclassified
Structure OEIC
Launched December, 2012
Size £1,338m
Yield 1.50%
Charging basis
Dividends paid 16 Jun, 15 Dec

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.55%
Ongoing charges figure 0.87%

Allocation

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Investment process

This fund aims to provide capital growth through dynamic investment in a broad range of asset classes across global markets.

Manager research

Average monthly relative returns

  • 16/17 -0.04%
  • 17/18 0.01%
  • 18/19 0.17%
  • 19/20 0.00%
  • 20/21 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career -0.13%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 58.70%

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

Hsbc Multimanager

HSBC's multimanager team is led by James Hughes, who joined the group in 2006. He is responsible for all aspects of Multimanager in the UK and Middle East and manages a range of assets for wholesale and institutional clients. Hughes also has a supporting role with regard to research of various asset classes to ensure the team adhere to the global research process.

Track record

Hsbc Multimanager has 6.1 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.13%. During the worst period of relative performance (from February 2007 - June 2008) there was a decline of 12% relative to the index. The worst absolute loss has been 42%.

Periods of worst performance

Absolute -42.00% (May 2007 - February 2009)
Relative -12.00% (February 2007 - June 2008)

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 30 November 2019

28.75% Hsbc Ftse All World Index Inst Acc
14.37% Hsbc American Index Inst Acc
7.2% Hsbc Gif Global Em Local Dbt Zq1
5.22% Hsbc Economic Scale Worldwide Equity Etf
4.85% Hsbc Gif Global Re Eq Zq1
4.82% Hsbc European Index Inst Acc
4.64% Ishares Core Msci Em Imi Etf Usd Acc
3.79% Hsbc Multi Factor Worldwide Equity Etf
3.34% Struct Gs Cross Asset Trend E Usd Acc
3.14% Ishares Core S&P 500 Etf Usd Acc
Source: Trustnet

Key Investor Information - Income

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Key Investor Information - Accumulation

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