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HSBC Global Investment Funds – Global Short Duration Bond invests mainly in fixed income securities with an average duration between 6 months and 3 years.
HSBC Global Investment Funds – Ultra Short Duration Bond invests mainly in bonds and money market instruments.
The Funds may pay dividends out of capital or gross of expenses. Dividend is not guaranteed and may result in capital erosion and reduction in net asset value.
The Funds may invest in financial derivative instruments for investment purpose which may lead to higher volatility to its net asset value.
The Funds’ investments may involve substantial credit, credit rating, currency, volatility, liquidity, general debt securities, interest rate, valuation, sovereign debt, tax and political risks. HSBC Global Investment Funds – Global Short Duration Bond’s investments may also involve substantial non-investment grade and unrated debt securities and emerging markets risks. HSBC Global Investment Funds – Ultra Short Duration Bond’s investments may also involve investment and concentration risk. Investors may suffer substantial loss of their investments in the Fund.
Portfolio Currency Hedged Share Classes or RMB denominated class are subject to higher currency and exchange rate risks.
Investors should not invest solely based on this page and should read the offering documents for details.
Why invest in short duration bond?
Why consider short duration bond now?
Yields in the short duration credit space remain at attractive level, offering investors a chance to capture an appealing income potential
Source: Bloomberg, HSBC Asset Management, as of 6 March 2024.
Investment involves risk. Past performance is not indicative of future performance.
Duration, expressed in the unit of years, is an important and useful concept for bond investors as it measures the sensitivity of bond prices to interest rate movements. The shorter a bond’s duration is, the less sensitive the bond’s price is to interest rate changes
Bonds with a duration of less than three years will be more resilient to interest rate fluctuations than longer-term bonds. If you are concerned with the impact of increasing interest rates over bond prices, a short-duration bond strategy could be considered as a relatively defensive option
Duration examples
Source: HSBC Asset Management. For illustrative purposes only, with all other factors assumed to be equal.
HSBC short duration bond investment strategies
Click on the links below to view our short duration bond fund details
Source: HSBC Asset Management, as of 31 January 2024. Dividend is not guaranteed and may be paid out of capital, which will result in capital erosion and reduction in net asset value. A positive distribution yield does not imply a positive return. Past distribution yields and payments do not represent future distribution yields and payments. Historical payments may be comprised of both distributed income and capital. The calculation method of annualised yield: ((1+ (dividend amount/ ex-dividend NAV))^12) – 1. The annualized dividend yield is calculated base on the dividend distribution on the relevant date with dividend reinvested, and may be higher or lower than the actual annual dividend yield.
Disclaimer
The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. Past performance is not a reliable indicator of future performance. Any views and opinions expressed are subject to change without notice. Any forecast, projection or target where provided is indicative only and is not guaranteed in any way. We accept no liability for any failure to meet such forecast, projection or target. This page is prepared for general information purposes only and does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive it. Any views and opinions expressed are subject to change without notice. This document does not constitute an offering document and should not be construed as a recommendation, an offer to sell or the solicitation of an offer to purchase or subscribe to any investment.
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Terms and conditions
This site is for individual investors in Hong Kong only.
Important information
The Funds invest in various investments, such as equities, bonds, money market instruments, collective investment schemes and alternative investments. Each fund has a different investment objective and risk profile.
The Funds may subject to the risks of investing in emerging markets and smaller companies; and may subject to the concentration risks when the investments are concentrated in one or a small number of markets or sectors.
The Funds may invest in non-investment grade bonds, unrated bonds, contingent convertible securities, mortgage backed securities, asset backed securities and urban investment bonds issued by PRC local government financing vehicles (LGFVs) which are subject to additional risks and volatility.
The Funds may have substantial investments in securities issued by a single sovereign issuer (including but not limited to issuer with a non-investment grade credit rating) and are subject to higher concentration risk, sovereign risk and credit risk.
The Funds may gain exposure to hedge fund, absolute return strategy, private equity, real estate sector and Real Estate Investment Trust (REIT) which are subject to additional risks and volatility.
The Funds may invest in onshore Chinese securities through various market access schemes and China A-shares Access Products. Such investments involve additional risks, including the risks associated with China's tax rules and practices.
When investing in Indian bonds, the Funds may need to comply with the licensing regulations in India and may subject to additional risks, including quota restrictions and tax risks.
The Funds may invest in other funds and need to bear the underlying funds' fees and expenses on top of the Funds' own fees and expenses.
The Funds may invest in financial derivative instruments for investment purpose which may lead to higher volatility to their net asset value.
The Funds may pay dividends out of capital or gross of expenses. Dividend is not guaranteed and may result in capital erosion and reduction in net asset value.
Because the Funds' base currency, investments and classes may be denominated in different currencies, investors may be affected adversely by exchange controls and exchange rate fluctuations. There is no guarantee that the currency hedging strategy applied to the relevant classes will achieve its desired result.
Investing in money market funds are not the same as placing funds on deposit with a bank or deposit taking company. The Funds which are money market funds have no obligation to redeem units at their offering value and such Funds are not subject to the supervision of the Hong Kong Monetary Authority. Investors may not recoup the original amount invested in the Funds.
The Funds' investments may involve substantial credit, currency, volatility, liquidity, interest rate, tax and political risks. Investors may suffer substantial loss of their investments in the Funds.
The Funds are NOT equivalent to time deposits. Investors should not invest in the Funds solely based on the information provided herein and should read the offering document of the Fund for details.
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