No particular asset class can be an all-time winner
Date: July 2019
Source: Morningstar, HSBC Global Asset Management, data as at 30 June 2019. Data for “one decade” refers to data as at 31 December 2018. All returns in USD, total return.
Indices used: ICE LIBOR 3 Month USD, BBgBarc US Treasury TR USD, FTSE WGBI USD, ICE BofAML Global Corporate TR USD, ICE BofAML Gbl HY TR USD, JPM EMBI Global TR USD, JPM GBI-EM Diversified Composite TR USD, ICE BofAML Asian Dollar TR USD, ICE BofAML Asian Dollar HY TR USD, MSCI World GR USD, S&P 500 TR USD, MSCI AC Europe GR USD, MSCI EM GR USD, MSCI AC Asia Ex Japan GR USD, TReuters/CoreCommodity CRB TR USD
Past performance is not an indication of future returns. The performance may go down as well as up. For illustrative purposes only.
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. This page 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