TER
0.20% p.a.
Distribution policy
Accumulating
Replication
Sampling
Fund size
13 m
Holdings
122
Overview
Description
The HSBC China Government Local Bond UCITS ETF C seeks to track the Bloomberg China Treasury + Policy Bank index. The Bloomberg China Treasury + Policy Bank index tracks local currency denominated bonds that have been issued by the Chinese State or state-owned banks. All maturities are included. Rating: Investment Grade.
Documents
Chart
Basics
Data
| Index | Bloomberg China Treasury + Policy Bank |
| Investment focus | Bonds, CNY, China, Government, All maturities |
| Fund size | GBP 13 m |
| Total expense ratio | 0.20% p.a. |
| Replication | Physical (Sampling) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | USD |
| Currency risk | Currency unhedged |
| Volatility 1 year (in GBP) | 6.09% |
| Inception/ Listing Date | 12 July 2023 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | HSBC ETF |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | HSBC Securities Services (Ireland) DAC |
| Investment Advisor | HSBC Global Asset Management (UK) Limited |
| Custodian Bank | HSBC Continental Europe |
| Revision Company | KPMG (Ireland) |
| Fiscal Year End | 30 December |
| Swiss representative | HSBC Global Asset Management (Switzerland) AG |
| Swiss paying agent | HSBC Private Bank (Suisse) SA |
| Germany | Unknown |
| Switzerland | No ESTV Reporting |
| Austria | Non-Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | - |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | No |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the HSBC China Government Local Bond UCITS ETF C.
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Holdings
Below you find information about the composition of the HSBC China Government Local Bond UCITS ETF C.
Top 10 Holdings
Weight of top 10 holdings
out of 122
19.73%
| CND10006PJH0 | 2.42% |
| CND1000776R0 | 2.39% |
| CND1000716Y2 | 2.37% |
| CND100054BH7 | 2.16% |
| CND10006VQZ5 | 1.86% |
| CND100047752 | 1.81% |
| CND10002M200 | 1.78% |
| CND1000651J2 | 1.71% |
| CND10004R999 | 1.63% |
| CND10005ZT18 | 1.60% |
Countries
| Other | 100.00% |
Sectors
| Other | 100.00% |
As of 30/09/2024
Performance
Returns overview
| YTD | +4.07% |
| 1 month | +1.69% |
| 3 months | +2.68% |
| 6 months | +3.30% |
| 1 year | +4.20% |
| 3 years | - |
| 5 years | - |
| Since inception (MAX) | +9.04% |
| 2023 | - |
| 2022 | - |
| 2021 | - |
| 2020 | - |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 6.09% |
| Volatility 3 years | - |
| Volatility 5 years | - |
| Return per risk 1 year | 0.69 |
| Return per risk 3 years | - |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -4.86% |
| Maximum drawdown 3 years | - |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -4.86% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| London Stock Exchange | USD | HCGB | |||
| XETRA | EUR | H41Q |
Further information
Further ETFs on the Bloomberg China Treasury + Policy Bank index
| Fund name | Fund Size in m € (AuM) | TER p.a. | Distribution | Replication |
|---|---|---|---|---|
| iShares China CNY Bond UCITS ETF USD (Dist) | 1,200 | 0.35% p.a. | Distributing | Full replication |
Frequently asked questions
What is the name of HCGB?
The name of HCGB is HSBC China Government Local Bond UCITS ETF C.
What is the ticker of HSBC China Government Local Bond UCITS ETF C?
The primary ticker of HSBC China Government Local Bond UCITS ETF C is HCGB.
What is the ISIN of HSBC China Government Local Bond UCITS ETF C?
The ISIN of HSBC China Government Local Bond UCITS ETF C is IE000N5JOGS2.
What are the costs of HSBC China Government Local Bond UCITS ETF C?
The total expense ratio (TER) of HSBC China Government Local Bond UCITS ETF C amounts to 0.20% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
What's the fund size of HSBC China Government Local Bond UCITS ETF C?
The fund size of HSBC China Government Local Bond UCITS ETF C is 13m GBP. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.