HSBC Global Funds ICAV - China Government Local Bond UCITS ETF SC USD
ISIN IE00BK1M4466 / Valor 51899745
HSBC Global Funds ICAV - China Government Local Bond UCITS ETF SC USD
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General Objective
The fund aims to provide regular income and capital growth by tracking the performance of the Bloomberg China Treasury + Policy Bank Index.
Fund Exposure
The fund is exposed to Renminbi denominated bonds listed on the China Interbank Bond Market, including fixed-rate government and policy bank bonds with specific criteria. The fund may invest up to 10% in funds, up to 100% in non-investment grade bonds, and up to 100% in government bonds issued by a single government issuer.
Risks
Investors should be aware that the value of investments can fluctuate, and investing in assets denominated in a currency other than the investor's own exposes the investment to exchange rate fluctuations. Additionally, overseas investments may be impacted by currency exchange rate fluctuations.
Source
https://www.assetmanagement.hsbc.com.hk/en/individual-investor/fund-centre/ie00bh4ghh87
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