(As of 10/31/2023)

HSBC Monthly Income Fund Investor Series

(Canadian Fixed Income Balanced)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(12/29/2004)
3.28 %
YTD Return -1.48 %
NAVPS
(11/28/2023)
$11.00
Change $0.03 / 0.23 %
Growth of $10,000 (As of October 31, 2023)
MER 1.46 %
Assets ($mil) $1,376.45
Rank (1Yr) 411/430
Std Dev (3Yr) 6.91 %
Volatility Ranking (3Yr) 2/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The fundamental investment objective of this Fund is to provide a reasonably consistent level of monthly income while aiming to preserve capital over the medium to long term. The Fund will invest primarily in a diversified portfolio of debt and equity instruments. We may only change the Fund’s fundamental investment objective with the approval of a majority of the votes cast at a meeting of the investors of the Fund held to consider the change.
Fund Manager

HSBC Global Asset Management (Canada) Limited

Portfolio Manager

HSBC Global Asset Management (Canada) Limited

Sub-Advisor
Data not available
 
Asset Allocation
(As of September 30, 2023)
Sector Allocation
(As of September 30, 2023)
Geographic Allocation
(As of September 30, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
HSBC Mortgage Fund Institutional SeriesDomestic BondsFixed IncomeCanada31.85%
Canada Housing Trust No 1 3.65% 15-Jun-2033Domestic BondsFixed IncomeCanada6.95%
Canada Housing Trust No 1 2.65% 15-Dec-2028Domestic BondsFixed IncomeCanada2.90%
Royal Bank of CanadaCanadian EquityFinancial ServicesCanada2.21%
Toronto-Dominion BankCanadian EquityFinancial ServicesCanada1.99%
Suncor Energy IncCanadian EquityEnergyCanada1.96%
Canadian Pacific Kansas City LtdCanadian EquityIndustrial ServicesCanada1.74%
Canada Government 0.00% 23-Nov-2023Cash and EquivalentsCash and Cash EquivalentCanada1.40%
Cenovus Energy IncCanadian EquityEnergyCanada1.39%
Alimentation Couche-Tard IncCanadian EquityConsumer ServicesCanada1.33%

Performance Data (As of October 31, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -1.27 -3.75 -4.63 -1.48 -1.07 3.59 2.91 3.08
Benchmark -0.48 -3.74 -5.49 -0.88 0.03 -1.24 2.32 2.97
Quartile Ranking 4 3 3 4 4 1 1 2

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -3.39 10.29 3.17 8.80 -4.07 4.55 9.90 -2.49 5.99 5.90
Benchmark -9.93 3.73 8.35 10.87 -1.25 4.30 6.19 0.56 9.52 2.02
Quartile Ranking 1 1 4 3 4 2 1 4 4 3

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