HSBC GLOBAL INVESTMENT FUNDS - EURO CREDIT BOND EC/  LU0165091165  /

The Euro Credit Bond fund primarily invests in euro-denominated corporate bonds carrying a minimum credit rating of Baa3/BBB- (according to Moody’s and Standard & Poor’s respectively). The portfolio typically consists of 40-50 credit bonds and is geared toward outperforming both the IBoxx Euro Corporate index and comparable funds. The team seeks to invest in stable-to-improving credits at attractive valuations. This involves proprietary valuation models designed to identify bonds that offer attractive risk premiums and in-depth credit research to assess the effective risk entailed. In addition, the team actively manages the fund’s overall exposure to credit risk by tactically investing on high sensitivity or high quality bonds.

The Euro Credit Bond fund primarily invests in euro-denominated corporate bonds carrying a minimum credit rating of Baa3/BBB- (according to Moody’s and Standard & Poor’s respectively). The portfolio typically consists of 40-50 credit bonds and is geared toward outperforming both the IBoxx Euro Corporate index and comparable funds.