HSBC Sterling Corp Bd Idx Acc C


Fund Info

  • Yield History3.14%
  • 3 Year sharpe-
  • 3 Year alpha-
  • Distribution Typeaccumulation
  • BenchmarkMarkit iBoxx GBP NonGilts TR
  • Legal StructureOpen Ended Investment Company
  • Fund Size (month end)Open Ended Investment Company
  • OCF0.16%
  • Sector£ Corporate Bond
  • Manager GroupHSBC
  • DomicileUnited Kingdom

Investment Strategy

To match the return of the Markit iBoxx GBP Non-Gilts Index. To invest in a representative sample of the Sterling denominated bonds that make up the Markit iBoxx GBP Non-Gilts Index. The bonds that make up the index are investment grade and issued by public and private corporations, non-United Kingdom Government and government-backed entities. Certain covered bonds and other collateralised bonds are also included in the index. The fund may also invest, as a lesser proportion of the overall portfolio, in Sterling denominated bonds that are not in the index, which may include bonds issued by the Government of the United Kingdom. The fund may use financial derivative instruments for efficient portfolio management, including hedging, with a level of risk that is consistent with the overall risk profile of the fund. The fund does not intend to use financial derivative instruments extensively.