HSBC GIF Euroland Value Inclusive - Class AD - Income (EUR)
![](https://online.hl.co.uk/img/hl/layout/security-up-arrow.gif)
![](https://online.hl.co.uk/img/hl/layout/security-up-arrow.gif)
![](https://online.hl.co.uk/img/form-buttons/invest-now-button.jpg)
![](https://online.hl.co.uk/img/hl/layout/security-up-arrow.gif)
![](https://online.hl.co.uk/img/form-buttons/invest-now-button.jpg)
![Help](https://online.hl.co.uk/img/icons/QuestionMarkBlue.png)
Income and accumulation units
With income units, any income is paid as cash. This can be withdrawn, reinvested or simply held on your account. With accumulation units any income is retained within the fund; the number of units remains the same but the price of each unit increases by the amount of income generated within the fund. Generally accumulation units offer a slightly more efficient way to reinvest income, although many investors will choose to hold income units and reinvest the income to buy extra units.
×Charges and Savings
Initial charges | |
---|---|
Initial charge: | 5.00% |
Initial saving from HL: | 5.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |||
---|---|---|---|
Performance fee: | No | ||
Ongoing charge (OCF/TER): | 1.85% | ||
Ongoing saving from HL: | 0.90% i | ||
Net ongoing charge: | 0.95% | ||
There are other unit types of this fund available: | |||
|
In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
Ready to invest?
To invest in , you'll need to have an account. Try our handy filter to explore the different options.
Ready to take your first step?
To invest in , you'll need to open an account. Try our handy filter and find out which suits you best.
Performance
16/08/19 to 16/08/20 | 16/08/20 to 16/08/21 | 16/08/21 to 16/08/22 | 16/08/22 to 16/08/23 | 16/08/23 to 16/08/24 | |
---|---|---|---|---|---|
Annual return | n/a | n/a | n/a | n/a | n/a |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Fund Objective
The sub-fund includes the identification and analysis of a company’s ESG credentials (“ESG Credentials”) as an integral part of the investment decision making process to reduce risk and enhance returns. ESG Credentials may include, but are not limited to: - environmental and social factors, including but not limited to physical risks of climate change and human capital management, that may have a material impact on a security issuer’s financial performance and valuation - corporate governance practices that protect minority investor interests and promote long term sustainable value creation ESG Credentials are proprietary to HSBC, subject to ongoing research and may change over time as new criteria are identified. Notwithstanding the Excluded Activities as detailed below, the inclusion of a company in the sub-fund’s investment universe is at the discretion of the Investment Adviser. Issuers with improving ESG Credentials may be included when their credentials are still limited. The sub-fund will not invest in equities issued by companies with specified involvement in specific excluded activities (“Excluded Activities”). Excluded Activities and specified involvement are proprietary to HSBC and include, but are not limited to: - Companies involved in the production of controversial weapons or their key components. Controversial weapons include but are not limited to anti-personnel mines, depleted uranium weapons and white phosphorous when used for military purposes. This exclusion is in addition to the banned weapons policy as detailed in Appendix 3, sub-section iv, of this prospectus. - Companies involved in the production of tobacco - Companies with more than 10% revenue generated from thermal coal extraction and do not have a clearly defined, credible plan to reduce exposure to below 10% Companies with more than 10% revenue generated from coal-fired power generation and do not have a clearly defined, credible plan to reduce exposure to below 10%.
Income Details
Security | Weight |
---|---|
ALLIANZ SE | 4.21% |
TOTAL SE | 3.71% |
IBERDROLA SA | 3.55% |
AXA | 3.16% |
ING GROEP N.V. | 2.98% |
COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELIN | 2.89% |
UNICREDIT SOCIETA' PER AZIONI | 2.79% |
MERCK KOMMANDITGESELLSCHAFT AUF AKTIEN | 2.73% |
KONINKLIJKE AHOLD DELHAIZE N.V. | 2.66% |
SIEMENS AKTIENGESELLSCHAFT | 2.54% |
Sector | Weight |
---|---|
Banks | 14.05% |
Non-Renewable Energy | 9.07% |
Non-life Insurance | 7.37% |
Pharmaceuticals & Biotechnology | 5.65% |
Automobiles & Parts | 4.89% |
Construction & Materials | 4.88% |
Telecommunications Service Providers | 4.79% |
Cash and Equiv. | 4.78% |
Media | 4.48% |
Electricity | 4.20% |
Country | Weight |
---|---|
France | 33.51% |
Germany | 13.25% |
Netherlands | 12.14% |
Non-Classified | 8.45% |
Spain | 7.61% |
Italy | 6.32% |
Cash and Equiv. | 4.78% |
Austria | 4.71% |
Portugal | 3.03% |
Finland | 2.49% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 16 August 2024. Data provided by Broadridge, correct as at 30 June 2024.
![Broadridge](https://online.hl.co.uk/img/logo/broadridge-logo.png)
![](https://online.hl.co.uk/img/form-buttons/invest-now-button.jpg)
4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.