Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

HSBC GIF Euro Credit Bond AC EUR

Ranked 125 out of 311 in - Euro Corporates over 12 months
All calculations are in EUR

Managed by

Jean-Olivier Neyrat

Born in France in 1966, Jean-Olivier Neyrat graduated in engineering from ENESTA ParisTech. He began his career at Dresdner in Paris as an analyst and trader, and transferred to their London office as a credit market maker. In 2000, he returned to Paris in the same capacity at Crédit Lyonnais, remaining there through their acquisition by Crédit Agricole. Before joining HSBC in 2007, he worked for four years as a credit trader with Elgin Capital in London. Now at HSBC, Jean-Olivier employs an active strategy in the European investment-grade bond sector, focusing on credit strengths and risk-premium fundamental research, with a top-down overview. His strategy, which includes cash and a 30% derivative weighting to manage the duration of the fund, aims to perform in all market conditions.

Objective

The sub-fund invests primarily for total return in a diversified portfolio of Investment Grade rated fixed income (e.g. bonds) and other similar securities, denominated in Euro. The sub-fund will seek to invest primarily in Euro denominated Investment Grade corporate issues whilst reserving the possibility of investing in securities issued or guaranteed by governments, government agencies and supranational bodies. The fund may use derivatives to manage interest and credit risks, gain exposure to currencies, improve returns and help met investment objective.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Euro Corporates over : 30/06/2014 - 30/06/2015

Total Return

Quarterly Performance

to 30/06/2015 Annual Q1 Q2 Q3 Q4
2015 1.8% -3.4%
2014 7.7% 2.0% 2.4% 1.6% 1.5%
2013 3.1% -0.2% -0.4% 1.9% 1.8%
2012 18.2% 7.0% 0.9% 5.0% 4.3%
2011 0.9% 1.0% 0.9% -3.7% 2.8%
2010 4.8% 4.1% -1.0% 4.1% -2.3%
2009 21.4% -1.8% 11.4% 8.9% 1.9%
2008 -9.7% -1.7% -0.5% -3.0% -4.7%
2007 -1.8% 0.6% -1.3% -0.6% -0.4%
2006 -0.3% -1.6% -0.7% 2.3% -0.2%
2005 3.5% 0.6% 2.7% 0.8% -0.7%
2004 6.2% 2.1% -1.1% 2.8% 2.4%
2003 0.5% 0.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Czech Republic
  5. Denmark
  6. Finland
  7. France
  8. Germany
  9. Ireland
  10. Italy
  11. Jersey
  12. Luxembourg
  13. Mauritius
  14. Netherlands
  15. Norway
  16. Panama
  17. Spain
  18. Sweden
  19. Switzerland
  20. United Kingdom

Fund Info

  • Launch date07/04/2003
  • Share Class size219Mn
  • Base currencyEUR
  • ISIN LU0165124784

Purchase Info

  • Min. initial investment4,500
  • Min. additional investment0

Charges

  • Annual management0.9%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in EUR).