# HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist (HFEJ) **Page:** https://fundology.uk/fund/hfej · ISIN IE00022VXYM7 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, HFEJ (HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist, ISIN IE00022VXYM7) closed at £56.66 on the London Stock Exchange. Its ongoing charge is 0.45% a year (about £45 on £10,000). Over the three years to 13/11/2026 its price changed by +68.0% (income paid out is not included), or +51.8% after UK CPIH inflation. ## Summary HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist is an exchange-traded fund (ETF) from HSBC, launched in 2022. It tracks the MSCI AC Far East ex JP. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£56.66** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | HFEJ | | ISIN | IE00022VXYM7 | | Also listed as | HFEX (London Stock Exchange, US dollars) | | Category | Japan & Asia Pacific | | Type | ETF | | Provider | HSBC | | Tracks | MSCI AC Far East ex JP | | Income | Distributing | | Ongoing charge | 0.45% a year (£45 per £10,000) | | Fund size | £24.5m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2022 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +18.12% | +13.94% | income reinvested | | 3 years | +67.97% | +51.75% | price only | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist in pounds (price only, income paid out not included): 2023 −6.0%, 2024 +12.2%, 2025 +31.2%; 2026 to 13/11/2026 +13.2%. Returns of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +35.4%; to 30/09/2025: +25.7%; to 30/09/2024: +12.7%; to 30/09/2023: −1.7%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | -6.0% | -9.8% | Price | | 2024 | +12.2% | +8.4% | Price | | 2025 | +31.2% | +26.7% | Price | | 2026 to 13/11/2026 | +13.2% | +9.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 25.72% | -19.96% | | 3 years | 20.22% | -19.96% | ## Largest fall Volatility of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist in pounds, annualised from weekly returns to 13/11/2026: 25.7% over 1 year, 20.2% over 3 years. Largest fall in the price of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist since July 2022, in pounds: −20.8% from 27/01/2023 to 19/01/2024. The lowest 12-month return of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist in pounds (price only, income paid out not included) since July 2022 was −19.7% (12 months to 02/02/2024); the highest was +73.0% (12 months to 19/06/2026). On 13/11/2026 the price of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist was 17.8% below its highest weekly close since July 2022 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist 0.45% a year. Compared on 14/11/2026, 22 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 81 less (share classes counted once). ## Funds tracking the same index 3 funds track MSCI AC Far East ex JP, this one included and share classes counted once; their ongoing charges range from 0.45% to 0.74% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD | 0.52% | +18.1% | +82.4% | +47.2% | | HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist (this fund) | 0.45% | +18.1% | — | — | | iShares MSCI AC Far East ex-Japan UCITS ETF | 0.74% | +17.9% | +81.4% | +45.8% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.45%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 06/11/2026, HFEJ holds 828 positions, according to its published holdings. The largest is TSMC at 19.53% of the fund; the ten largest make up 46.6%. ### Top holdings Largest positions (as of 06/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | TSMC | [2330](https://fundology.uk/stock/2330) | 19.53% | | 2 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 7.90% | | 3 | SK hynix | [000660](https://fundology.uk/stock/000660) | 5.60% | | 4 | Tencent | [700](https://fundology.uk/stock/700) | 3.99% | | 5 | Alibaba Group | [BABA](https://fundology.uk/stock/BABA) | 2.73% | | 6 | MediaTek | [2454](https://fundology.uk/stock/2454) | 1.82% | | 7 | China Construction Bank · Class H | [601939](https://fundology.uk/stock/601939) | 1.37% | | 8 | DBS Group | [D05](https://fundology.uk/stock/D05) | 1.36% | | 9 | AIA Group | [1299](https://fundology.uk/stock/1299) | 1.26% | | 10 | Samsung Electronics | [005930](https://fundology.uk/stock/005930) | 1.08% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By country Added up from the fund’s published holdings, as of 06/11/2026. | Country | Weight | |---|---| | Taiwan | 34.4% | | China | 27.9% | | South Korea | 22.8% | | Hong Kong | 5.2% | | Singapore | 4.5% | | Malaysia | 1.3% | | Thailand | 1.3% | | United States | 0.7% | | Other countries | 1.0% | | Not classified | 0.8% | The 700 holdings on record (of 828 reported): https://fundology.uk/fund/hfej/holdings ## Questions people ask **What is the ongoing charge of HFEJ?** The ongoing charge of HFEJ is 0.45% a year — about £45 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD Dist 0.45% a year. Compared on 14/11/2026, 22 of the 108 other Japan and Asia Pacific share funds charge more, 5 the same and 81 less (share classes counted once). **What does HFEJ track?** HFEJ tracks the MSCI AC Far East ex JP. **Is HFEJ accumulating or distributing?** HFEJ is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly. **What is the ISIN of HFEJ?** The ISIN of HFEJ is IE00022VXYM7. An ISIN identifies one exact share class of a fund; HFEJ is its ticker on the London Stock Exchange. The same share class is also listed as HFEX (London Stock Exchange, US dollars). **What does HFEJ hold?** As of 06/11/2026, HFEJ holds 828 positions, according to its published holdings. The largest is TSMC at 19.53% of the fund; the ten largest make up 46.6%. Its ten largest holdings are TSMC (19.53%), Samsung Electronics (7.90%), SK hynix (5.60%), Tencent (3.99%), Alibaba Group (2.73%), MediaTek (1.82%), China Construction Bank · Class H (1.37%), DBS Group (1.36%), AIA Group (1.26%) and Samsung Electronics (1.08%). **What were HFEJ’s returns in each of the last five years?** Calendar-year returns of HFEJ in pounds (price only, income paid out not included): 2023 −6.0%, 2024 +12.2%, 2025 +31.2%; 2026 to 13/11/2026 +13.2%. Past performance is not a guide to future returns. **How has HFEJ done after inflation?** Over the three years to 13/11/2026 HFEJ’s price changed by +68.0% (income paid out is not included), or +51.8% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at HSBC Asset Management](https://www.assetmanagement.hsbc.co.uk/en/individual-investor/funds/ie00022vxym7) - [Key investor information document (KIID)](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie00022vxym7/gb/en/kiid) - [Factsheet](https://www.assetmanagement.hsbc.co.uk/api/v1/download/document/ie00022vxym7/gb/en/factsheet) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.