Fact sheet: HSBC GIF Brazil Bond

Fund information
Fund name
HSBC GIF Brazil Bond AD NAV USD
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund managers
  • Olga Yangolsince 01/02/2016
  • Nishant Upadhyaysince 01/02/2016
Fund objective
The sub-fund invests for total return primarily in a diversified portfolio of Non-Investment and Investment Grade rated fixed income (e.g. bonds) and other similar securities issued or guaranteed by governments or government agencies, including those of the Brazilian Government, or supranational bodies issuing bonds which have exposure to Brazil as well as by companies which have their registered office in Brazil or which carry out a majority of their economic activities in Brazil or issue instruments that involve credit exposure in respect of Brazil. Such securities will be primarily denominated in local currency, which is the Real. On an ancillary basis, the sub-fund may consider investments in securities denominated in USD. As disclosed in Appendix 2 "General Investment Restrictions", Section III f), the sub-fund may invest up to 100% of its net assets in transferable securities issued or guaranteed by the Brazilian Government, Brazilian Government agencies or by supranational bodies of which one or more member states of the European Union are members issuing bonds which have exposure to Brazil provided that the sub-fund hold securities originated from at least six different issues whereby any one issue may not exceed 30% of the sub-fund net assets.
Benchmark
  • JP Morgan GBI - EM Global Brazil
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
53.6%
1 Year rank in sector
1/32
Sector
FO Fixed Int - Other Single Currency
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.35%
Fund size
£130m (£44m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
140
Top in this sector
Fund name1 Year
HSBC GIF Brazil Bond53.6%
Aberdeen Gbl Brazil Bond45.1%
Baring China Bond19.4%
Aberdeen Gbl Indian Bond10.9%
Stratton Street RenminbiBd UI8.4%
...more in FO Fixed Int - Other Single Currency

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%8.7%26.9%53.6%--13.6%
Sector0%1.2%2.4%4.5%7.9%12.3%
Rank within sector4 / 332 / 331 / 331 / 32-20 / 20
Quartile1st1st1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund51.8%-32%---
Sector4%-0.9%4.2%-0.3%4.3%
Rank within sector1 / 3329 / 29---
Quartile1st4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-20.45
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
6.87
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0.02
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
22.08
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
21.11
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.42
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.29
Price movement
52 week high9.29
52 week low5.77
Current bid price-
Current offer price-
Current mid price8.98
Region
1Brazil100%
Industry sector
No data available.
Asset type
1Brazilian Fixed Interest100%
Individual holdings
1NTN-F-17784122.66%
2LETRA TESOURO NACIONAL 0.0000 01-JUL-1915.36%
3LETRA TESOURO NACIONAL 0.0000 01-JUL-1814.18%
4NOTA DO TESOURO NACIONAL 10.0000 01-JAN-2311.03%
5NOTA DO TESOURO NACIONAL 10.0000 01-JAN-259.47%
6LETRA TESOURO NACIONAL 0.0000 01-JAN-197.91%
7LETRA TESOURO NACIONAL 0.0000 01-JAN-177.6%
8LETRA TESOURO NACIONAL 0.0000 01-JAN-184.55%
9NOTA DO TESOURO NACIONAL 10.0000 01-JAN-273.88%
Management
Fund manager group
HSBC
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund objective
The sub-fund invests for total return primarily in a diversified portfolio of Non-Investment and Investment Grade rated fixed income (e.g. bonds) and other similar securities issued or guaranteed by governments or government agencies, including those of the Brazilian Government, or supranational bodies issuing bonds which have exposure to Brazil as well as by companies which have their registered office in Brazil or which carry out a majority of their economic activities in Brazil or issue instruments that involve credit exposure in respect of Brazil. Such securities will be primarily denominated in local currency, which is the Real. On an ancillary basis, the sub-fund may consider investments in securities denominated in USD. As disclosed in Appendix 2 "General Investment Restrictions", Section III f), the sub-fund may invest up to 100% of its net assets in transferable securities issued or guaranteed by the Brazilian Government, Brazilian Government agencies or by supranational bodies of which one or more member states of the European Union are members issuing bonds which have exposure to Brazil provided that the sub-fund hold securities originated from at least six different issues whereby any one issue may not exceed 30% of the sub-fund net assets.
Benchmark
  • JP Morgan GBI - EM Global Brazil
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Olga Yangol01/02/2016
Nishant Upadhyay01/02/2016
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Jersey, Lebanon, Luxembourg, Mauritius, Netherlands, Norway, Offshore, Oman, Panama, Poland, Portugal, Qatar, Sweden
HSBC GIF Brazil Bond AC USD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price17.876
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBYT0
HSBC GIF Brazil Bond AC USD EUR
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price15.865
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCM0
HSBC GIF Brazil Bond AC USD GBP
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQF2
HSBC GIF Brazil Bond AC USD PLN
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price68.124
CurrencyPLN
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCM1
HSBC GIF Brazil Bond ACGBP
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNME
HSBC GIF Brazil Bond AD NAV USD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price8.978
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0IBU
HSBC GIF Brazil Bond AD USD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price9.042
Offer price9.543
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKQF3
HSBC GIF Brazil Bond AD USD EUR
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price7.968
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCCM2
HSBC GIF Brazil Bond AD USD PLN
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price34.215
CurrencyPLN
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCCM3
HSBC GIF Brazil Bond ADGBP
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNMF
HSBC GIF Brazil Bond ADHKD
Initial charge5.54%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyHKD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFNMG
HSBC GIF Brazil Bond BC USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNMH
HSBC GIF Brazil Bond BCEUR
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNMI
HSBC GIF Brazil Bond BCGBP
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.258
CurrencyGBP
Price updated19/12/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4FG
HSBC GIF Brazil Bond BCGBP USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.514
CurrencyUSD
Price updated19/12/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4FH
HSBC GIF Brazil Bond BDGBP
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.098
CurrencyGBP
Price updated19/12/2013
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4FI
HSBC GIF Brazil Bond BDGBP USD
Initial charge5.54%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.252
CurrencyUSD
Price updated19/12/2013
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4FJ
HSBC GIF Brazil Bond EC USD
Initial charge5.54%
Annual charge1.3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price17.353
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCM5
HSBC GIF Brazil Bond EC USD EUR
Initial charge5.54%
Annual charge1.3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price15.401
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCM6
HSBC GIF Brazil Bond EC USD GBP
Initial charge5.54%
Annual charge1.3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKQF4
HSBC GIF Brazil Bond EC USD PLN
Initial charge5.54%
Annual charge1.3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price66.131
CurrencyPLN
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCM7
HSBC GIF Brazil Bond ED USD
Initial charge5.54%
Annual charge1.3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.914
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWGE
HSBC GIF Brazil Bond ED USD EUR
Initial charge5.54%
Annual charge1.3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.686
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWGF
HSBC GIF Brazil Bond ED USD PLN
Initial charge5.54%
Annual charge1.3%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price41.593
CurrencyPLN
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFWGG
HSBC GIF Brazil Bond IC USD
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price18.813
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCM8
HSBC GIF Brazil Bond IC USD EUR
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price16.697
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCM9
HSBC GIF Brazil Bond IC USD GBP
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQF6
HSBC GIF Brazil Bond IC USD PLN
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price71.695
CurrencyPLN
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCN0
HSBC GIF Brazil Bond ID USD
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price14.914
Offer price15.74
Mid price-
CurrencyUSD
Price updated03/10/2011
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHRI4
HSBC GIF Brazil Bond ID USD EUR
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price11.2
Offer price11.82
Mid price-
CurrencyEUR
Price updated03/10/2011
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHRI5
HSBC GIF Brazil Bond ID USD GBP
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKQF7
HSBC GIF Brazil Bond ID USD PLN
Initial charge5.54%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price49.262
Offer price51.991
Mid price-
CurrencyPLN
Price updated03/10/2011
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHRI6
HSBC GIF Brazil Bond XC
Initial charge5.54%
Annual charge0.5%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.57
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC0BM
HSBC GIF Brazil Bond XC EUR
Initial charge5.54%
Annual charge0.5%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.381
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNDQN
HSBC GIF Brazil Bond ZC USD
Initial charge5.54%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)-
Bid price18.001
Offer price18.998
Mid price-
CurrencyUSD
Price updated21/01/2010
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH569
HSBC GIF Brazil Bond ZC USD EUR
Initial charge5.54%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)-
Bid price12.773
Offer price13.48
Mid price-
CurrencyEUR
Price updated21/01/2010
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH570
HSBC GIF Brazil Bond ZC USD PLN
Initial charge5.54%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)-
Bid price51.752
Offer price54.618
Mid price-
CurrencyPLN
Price updated21/01/2010
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCM4
Data provided by

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