For more information on the HSBC GIF Asia Ex-Japan strategy, contact us.

Our philosophy

We believe that Asian stock markets are inefficient, driven by short-term noise and sentiment. We seek to generate alpha by investing in companies aligned with secular growth trends that should drive significant and persistent growth over a multi-year horizon.

Our process

• The Asia ex-Japan Equity strategy is a large-cap-focused high-conviction strategy, with a bottom-up approach and a focus to invest in companies aligned with secular growth trends, which have yet to be discounted in valuation
• We aim to control unwanted macro and style risk exposures through a laser focus on portfolio construction, with returns expected to originate primarily from stock selection. This is especially important in volatile markets – we apply proprietary models to control our factor exposures and macro sensitivity such that majority of the risk of the portfolio is idiosyncratic and which is within our control
• The strategy employs continuous monitoring/reassessment of risk at the stock and portfolio level

HSBC strengths

• HSBC enjoys over 40 years of heritage and track record as an active manager in Asian equities
• We draw on the strong depth and breadth of resources dedicated to Asian equities through our local presence in our network of Asian markets within a globally connected investment network for additional perspectives
• We benefit from the goodwill and strong relationships that come with being a part of the HSBC Group and our strong insight into client needs through on-the-ground presence

What are the risks?

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.  

• Where overseas investments are held the rate of currency exchange may also cause the value of such investments to fluctuate. 
• Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets.

This material/presentation/document is exclusively intended for professional investors as defined in Article 4(3)(a-g) of the Swiss Financial Services Act (FinSA, FIDLEG).

It is not intended for:

• Professional clients who are not institutional clients under Article 4(4) FinSA and who wish to opt-in for treatment as retail clients under Article 5(5) FinSA Or
• High-net-worth (HNW) retail clients and private investment structures created for them, who may declare themselves as professional investors (opting out)

There are further possibilities for opting-in and opting-out under FinSA. For details, please refer to our website: https://www.assetmanagement.hsbc.ch/. If you wish to change your client categorization, please inform us.

Regulatory and Documentation Notice

For HSBC GIF sub-funds that are authorized for offering in Switzerland, please refer to the list of collective investment schemes authorized for offering in Switzerland under Article 120 of the Federal Act on Collective Investment Schemes (CISA, KAG), as published by FINMA under Approved Institutes, People, and Products.

Potential investors are kindly requested to consult the latest:

• Key Information Document (KID),
• Prospectus,
• Articles of Incorporation,
• (Semi-)Annual Report of the Fund

These documents can be obtained free of charge at the head office of the representative:

• HSBC Global Asset Management (Switzerland) AG, Gartenstrasse 26, P.O. Box, CH-8002 Zurich and
• Paying Agent: HSBC Private Bank (Suisse) S.A., Quai des Bergues 9-17, P. O. Box 2888, CH-1211 Geneva

Risk Factors and Investment Warnings:

1. Investors and potential investors must read and acknowledge the risk warnings in the Prospectus and KID. Before subscribing, investors should refer to:
   • The Prospectus for general risk factors,
   • The KID for specific risk factors associated with the fund
2. Past performance is not indicative of future results. Future returns may vary significantly
3. Performance data does not include issue and redemption costs or commissions, which may affect actual returns
4. The presented fund is a sub-fund of Z GIF, an investment company constituted as a Société d'Investissement à Capital Variable (SICAV) domiciled in Luxembourg
5. The shares in HSBC GIF have not been and will not be registered under the US Securities Act of 1933. They may not be sold or offered in the United States, its territories, possessions, or areas under its jurisdiction, nor to US persons

The fund presented in this document is a sub-fund of HSBC Global Investment Funds, an investment company constituted as a société à capital variable domiciled in Luxemburg. The shares in HSBC Global Investment Funds have not been and will not be registered under the US Securities Act of 1933 and will not be sold or offered in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States Persons.

Past performance is no indication to future results of a fund. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units.