Global exchange-traded fund - HSBC ETFS PLC HSBC FTSE EPRA/NAREIT DEVELOPED ETF

UK

HSBC FTSE EP in 2nd consecutive fall, nears a 19-month low 15 January, 2018

NEWS BITES - ETF

HSBC ETFS PLC HSBC FTSE EPRA/NAREIT DEVELOPED ETF (L:HPRO), the 80th largest Exchange Traded Fund by market cap in the United Kingdom, slipped further on Monday, sliding an additional GBX9.50 (0.6%) to trade at GBX1,696.25. The ETF decreased 1.5% on Friday. This brought its 2-day fall to 2.0%. Cumulative volume in the 2 days was 0.3 times the average 2-day volume of 11,002 units. The ETF is now approaching its 405-day low of GBX1,694.50.

SECTION 1

HSBC FTSE EP BEARISH SIGNALS

1.1 Technicals:

+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 1,732.72 minus the 26-day EMA of 1,740.48 is negative 7.76 suggesting a bearish signal. Both EMA prices are falling, another bearish signal.

+ The ETF's relative price strength percentile is slipping at 9 for 6 months, 7 for 3 months and 6 for 1 month.

+ The present value of GBP1,000 (PV1000) invested one year ago in HSBC FTSE EP is GBP920, comprising a capital loss of GBP80 and dividend reinvested of 8 GBP.

PV10001-week1-month1-year
HPRO.L972962920
Morgan Stanley Capital International World Index [MSCI World]1,0001,0041,178

1.2 Low Performance Indicator:

DescriptionValueRank In Market
Price Change %-0.6In Bottom Quartile

SECTION 2

HSBC FTSE EP BULLISH SIGNALS

2.1 Technicals:

+ The present value of GBP1,000 (PV1000) invested five years ago in HSBC FTSE EP is GBP1,342, including a capital gain of GBP341 and dividend reinvested of 72 GBP.

+ 5 years Multiplier in GBP = 1.342x

+ Compound Annual Growth Rate (CAGR) in GBP = 6.0%

Present Value of USD1,000 invested 5 years ago:

+ The present value of USD1,000 (PV1000) invested five years ago in HSBC FTSE EP is $US1,145, including a capital gain of $US144 and dividend reinvested of 61c.

+ 5 years ago GBP 1 equalled USD 1.61

+ 5 years Multiplier in USD = 1.145x

+ Compound Annual Growth Rate (CAGR) in USD = 2.7%

2.2 Oversold/Bullish/Support Signals:

+ At GBX1,696.25 the price is below the lower Bollinger band support of GBX1,704.88, indicating an upside for it to return to the band.

+ The ETF is oversold according to the Williams % R indicator of -97.4, suggesting the price is close to its 14-day low of GBX1,694.50.

2.3 High Performance Indicator:

DescriptionValueRank In Market
Volatility %0.1In Top Quartile

SECTION 3

PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Volume: the volume was 0.1 times the average daily trading of 11,002 units.

+ HSBC FTSE EP is at a discount of 8.4% to its 12-month high of GBX1,851.16 on January 16, 2017. It is also at a premium of 0.1% to the 12-month low of GBX1,694.50 on January 15.

3.2 Year-on-Year Comparison (Trailing year - ended 29 Dec)

In the past 5 years, HPRO has jumped 43.6% from 1,226.5 to 1,761.25, an average annual compound rise of 7.5%.

20172016201520142013
Close1,761.251,7821,497.751,477.251,226.5
% Price Change-1.2191.420.4-1.6
Avg Daily Volume12,71056,32027,6225,1905,494
VWP1,777.431,713.831,465.841,339.41,354.69
Turnover Period2 yrs 2 mo6 mo1 yr 2 d2 yrs 8 mo10 mo
Price Range1,695.07 - 1,859.41,365 - 1,8861,327 - 1,635.191,193 - 1,481.51,202.55 - 1,539

SECTION 4

RANKING

4.1 Global Rank out of 5,650 ETFs

The present value of $US1,000 invested a year ago is $US1,045, ranking it 3807 out of 5,650 ETFs. Its 6-month relative strength (or price percentile rank) in USD is 20.

DescriptionValueRankQuartile
Net Assets (US$)153.6M1617Second
MCap (US$)153.8M2003Second
Rel Strength 6 Mo (US$)204510Bottom
PV$1000 (1Year) US$*1,0453807Third

* 1 year ago GBP 1 equalled USD 1.21

Jan 15, 2018: GBP 1 equals USD 1.3737

4.2 Rank in the Total United Kingdom ETF Market [out of 561 ETFs]

DescriptionValueRank
Rel Strength 6 Mon (GBP)57244
PV1000-1Year (GBP)920267

SECTION 5

PROFILE

5.1 Description

HSBC FTSE EPRA/NAREIT DEVELOPED UCITS ETF is an open-end, UCITS compliant, Exchange Traded Fund incorporated in Ireland. The aim is to replicate the performance of the FTSE EPRA/NAREIT Developed Index whilst minimising the tracking error. The Index is a market-capitalisation weighted index designed to measure the performance of largest real estate companies.

5.2 SNAPSHOT

HSBC ETFS PLC HSBC FTSE EPRA/NAREIT DEVELOPED ETF (L:HPRO)

ISIN: IE00B5L01S80

Inception DateJune 22, 2011
Expense Ratio0.4% of average net assets
CategoryReal Estate-Equity
Asset ClassEquity ETF

5.3 Management Fees

+ The management fee is 0.4% of total assets

SECTION 6

DIVIDEND

Dividend Date:April 13, 2017
Dividend Yield:0.01%
Annual Dividend:0.16 GBX

SECTION 7

TOP HOLDINGS & PORTFOLIO ALLOCATION

7.1 Top Holdings (November 15, 2017)

HoldingsWeight (%)
Simon Property Group Inc3.8
Public Storage2.1
Prologis Inc2
AvalonBay Communities Inc1.9
Welltower Inc1.8
Unibail Rodamco SE1.7
Equity Residential1.7
Mitsubishi Estate Co Ltd1.6
Ventas Inc1.6
Mitsui Fudosan Co Ltd1.5

7.2 Sector Breakdown (November 15, 2017)

Sector%
Consumer Cyclical0.4
Healthcare0.2

HPROP.L

Source: www.BuySellSignals.com