HSBC Bond Focus Service

It may be that, following completion of your Risk Tolerance Questionnaire and subsequent discussion, a fully diversified multi-asset portfolio is not appropriate for your specific circumstances. In this case we may be able to offer you our specialist, single asset class portfolio that supports our core services.

Key benefits

• Enables us to concentrate our capital and our research efforts on our best ideas
• Firm policy of only holding stocks where we see the potential for an absolute return
• We follow our belief that higher conviction holdings are the main drivers of performance, and conversely, that low conviction small holdings can be a drag on performance.

The advantages of a focused approach

This enables us to concentrate our research efforts on our best ideas. For example, we can follow our firm policy of only holding stocks where we see the potential for an absolute return. We believe that higher conviction holdings are the main drivers of performance.

Risks to Consider

The value of investments and any income from them can go down as well as up and you may not get back the amount originally invested. Currency exchange movements may also cause the value of overseas investments to fluctuate.

These services may invest in alternative markets which may be less readily realisable and more difficult to sell and in emerging markets which are potentially higher risk/more volatile than those inherent in established markets. These may also have concentrated portfolios which do not have the diversity of pooled funds and as such individual stocks may have a more significant effect on performance.