Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the BGF Sustainable Global Bond Income fund defeats the HSBC Short Duration Fixed Income fund: 4-2
BGF Sustainable Global Bond Income fund
The fund aims to achieve income without sacrificing long term capital growth in a manner consistent with the principles of sustainable investing.
Top 10 holdings:
- UMBS 30yr TBA (11.26%)
- FNMA 30yr UMBS Super (0.71%)
- JPMorgan Chase 6.07% 10/22/2027 (0.67%)
- Forvia SE Reg S 3.125% 06/15/2026 (0.63%)
- FHLMC_5467 FC (0.54%)
- Ford Motor Credit Company LLC MTN 5.125% 02/20/2029 (0.53%)
- BPCE SA MTN 144A 7 11/21/2025 (0.49%)
- Intesa San Paolo Spa MTN 144A 7 11/21/2025 (0.44%)
- Caixa Bank SA RegS 5.875% 12/31/2079 (0.40%)
- NC5 Volkswagen International Fina RegS 3.5% 12/31/2079 (0.39%)
HSBC Short Duration Fixed Income fund
The fund aims to maximise income while attempting to minimise the risk of capital deterioration.
Top 10 holdings:
- US Treasury N/B 4.25% 15/01/28 (9.87%)
- US Treasury N/B 4.25% 15/02/28 (4.79%)
- Fannie Mae 0.75% 08/10/27 (2.19%)
- State Street 4.536% 28/02/28 (2.12%)
- Chevron USA 4.475% 26/02/28 (1.71%)
- Cred Agricole SA 5.589% 05/07/26% (1.62%)
- Exp-Imp Bank Korea 4.125% 17/10/27 (1.60%)
- Johnson & Johnson 4.55% 01/03/28 (1.60%)
- DECENT 2023-A1 A 4.31% 15/03/28 (1.58%)
- Santander UK 4.496% 12/12/27 (1.54%)
