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H41Q ETF · HSBC Global Funds ICAV - China Government Local Bond UCITS ETF
Performance & flows
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.45%  | +2.06%  | +7.43% | N/A | N/A | +0.76% | +2.29% | +4.31%  | |
| Flows |
Key fund info
Essentials
Enterprise
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +2.06% | +7.43% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Exposure
Sustainability
ESG Consensus® by Conser
Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about H41Q ETF's sustainability, based on their methodology.
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
H41Q’s has a Final Sustainability Grade of either C+, C, C-, or D.
Replication
Issuer
| AuM | ||
|---|---|---|
HMWO | HSBC MSCI World UCITS ETF | €13.13B |
HSPD | HSBC S&P 500 UCITS ETF | €7.93B |
HMEF | HSBC MSCI Emerging Markets UCITS ETF | €3.59B |
HPRD | HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF | €1.95B |
HMWA | HSBC MSCI World UCITS ETF | €1.84B |
Frequently asked questions about H41Q
What does HSBC Global Funds ICAV - China Government Local Bond UCITS ETF, H41Q, invest in?
H41Q is a Passive ETF. This ETF provides exposure to Chinese Mixed Ratings Government Bonds.
Which benchmark or index does H41Q replicate?
H41Q tracks the Bloomberg China Treasury + Policy Bank Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of H41Q?
H41Q carries a total expense ratio (TER) of 0.2%, indicating the annual cost for holding the fund.
When was H41Q launched?
H41Q was introduced to the market on July 12, 2023. It trades on Norway, among other exchanges
Who is the ETF issuer of H41Q?
HSBC Global Funds ICAV - China Government Local Bond UCITS ETF, H41Q, is provided by HSBC. Learn more about HSBC here.
Does H41Q have multiple share classes?
Yes, H41Q is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .
What is the current assets under management (AUM) of H41Q?
H41Q oversees €14M in assets as of May 21, 2026.
How has H41Q performed lately?
Based on data from May 21, 2026, H41Q returned 0.45% over the past month, 2.06% over the last three months and 4.31% year-to-date.
What are the latest inflows or outflows for H41Q?
As of May 21, 2026, H41Q recorded net flows of +€2.9M year-to-date.
Does H41Q distribute dividends?
H41Q follows a capitalizing, meaning it reinvests income within the fund.
What are the main country or region exposures of H41Q?
As of March 31, 2026, H41Q has significant geographic allocations in China.
In which sector or theme does H41Q invest in?
As of March 31, 2026, H41Q focuses largely on Sovereign and Banks.
How many securities does H41Q hold and how diversified is it?
As of March 31, 2026, H41Q holds 152 positions in its portfolio, with 22.55% of assets concentrated in its top 15 holdings.
What are the main positions in H41Q?
As of March 31, 2026, H41Q top three holdings include China, Bonds 3.19% 15apr2053, CNY, CND10009PRW6 and China, Bonds 3.81% 14sep2050, CNY.
What is the base currency of H41Q?
The base currency of H41Q is USD.
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