HSBC Income Inc

IMA Sector:

UK Equity Income

ISIN:

GB0000154913

Fund Type:

OEIC

303.20p
   
  • PEP:
  • ISA:
  • CAT Std:
  • Date: 28-Mar-2024
  • Change: 1.80p
  • Change %: 0.60%
  • Currency: GBP
  • YTD change: 5.80p
  • YTD %: 1.95%

Fund Objective

The Fund's investment objective is to provide an above average yield together with capital growth by investing predominantly in the UK.

View on Past Performance

UK equities fell on concerns about the economic outlook and the turmoil in the financial sector. However, basic materials, oil & gas and industrials were the weaker performers, leading other sectors down. Stocks in the utilities sector were the most resilient over the month, falling by just 1%, versus a fall of 13.0% for the FTSE 100 and a return of -13.4% for the FT All-Share.The Fund is invested in stocks which are considered low cost versus the peers and which have strong earnings momentum qualities.

Future Expectations

The corporate environment remains challenging across most sectors as economic concerns increase, both globally and for the UK economy. The current lack of confidence in the financial sector is a significant issue however government intervention should help to stabilise sentiment. Markets are likely to remain volatile while the level of economic and corporate earnings uncertainty is so high.

Fund Details

Latest Price 303.20p IMA Sector UK Equity Income
Currency British Pound Launch Date 16/07/1975
Fund Size n/a Fund Manager HSBC Multimanager
ISIN GB0000154913 Dividend 5.09p

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Price Info

Date 28-Mar-2024
NAV 303.20p
Currency GBP
Change 1.80p
% 0.60%
YTD change 5.80p
YTD % 1.95%

Fund Facts

Fund Inception 16/07/1975
Fund Manager HSBC Multimanager
TER 1.65 (15-Jan-2012)

Fund Reports

Minimum Investment
Initial £1000
Additional £500
Savings £50
Charges
Initial 4.00%
Annual Mang't 1.50%
Exit n/a

Risks

Name %
Standard deviation 0.01
Sharpe ratio 0.06

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