Fact sheet: HSBC GIF Mexico Equity

Fund information
Fund name
HSBC GIF Mexico Equity AC USD
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund managers
  • Lee raysince 27/11/2015
  • Aline de Souza Cardososince 28/02/2013
Fund objective
The sub-fund invests for long term total return in a portfolio of Mexican equities. The sub-fund invests (normally a minimum of 90% of its net assets) in equities and equity equivalent securities of companies which are based in Mexico as well as those companies which carry out the larger part of their business activities in Mexico. There are no capitalisation restrictions and the sub-fund will normally invest across a range of market capitalisations. The sub-fund may achieve its investment objective by investing up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (excluding other sub-funds of HSBC Global Investment Funds). The sub-fund may use financial derivative instruments (including foreign exchange forwards, non-deliverable forwards and onexchange traded index futures) only for hedging purposes and cash flow management.
Benchmark
  • MSCI Mexico 10/40
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-3.2%
1 Year rank in sector
43/43
Sector
FO Equity - Latin America
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.
2.15%
Fund size
£142m (£210m 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.
142
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity79.8%
UBS (L)EqSIC-Brazil$58.3%
Bradesco Brz EqMd Sm Cps55.2%
Parvest Equity Brazil53%
Templeton Latin Amer52.3%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Mexico98.5%
    Money Market1.5%
  • Financials20.8%
    Consumer Staples18.6%
    Industrials17.8%
    Consumer Discretionary16.1%
    Materials15.2%
  • Mexican Equities98.5%
    Money Market1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-8.2%3.6%-7.6%-3.2%-18.7%-
Sector-1.8%12%15.7%27.2%-26.3%-25.3%
Rank within sector42 / 4341 / 4342 / 4343 / 439 / 40-
Quartile4th4th4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund-3.2%-10.6%-9.9%--
Sector29.2%-31.7%-12.5%-14%7.7%
Rank within sector41 / 433 / 4312 / 40--
Quartile4th1st2nd
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.
0.29
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.
0.5
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.
-0.01
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%.
16.15
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.
16.28
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.
0.23
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.
0.55
Price movement
52 week high8.98
52 week low7.18
Current bid price-
Current offer price-
Current mid price7.96
Region
1Mexico98.46%
2Money Market1.54%
Industry sector
1Financials20.77%
2Consumer Staples18.63%
3Industrials17.75%
4Consumer Discretionary16.08%
5Materials15.15%
6Real Estate6.97%
7Telecommunications Utilities3.12%
8Money Market1.54%
Asset type
1Mexican Equities98.46%
2Money Market1.54%
Individual holdings
1GRUPO FINANCIERO BANORTE SAB DE CV9.54%
2FOMENTO ECONOMICO MEXCANO SAB DE CV8.43%
3GRUPO TELEVISA SAB8.17%
4ALSEA SAB DE CV6.06%
5GRUPO AEROPORTUARIO DEL CENTRO NORT4.69%
6CEMEX S.A.B. DE C.V.4.68%
7GRUPO FINANCIERO INBURSA SAB DE CV4.54%
8GRUMA SAB DE CV4.37%
9PROMOTORA Y OPERADORA DE INFRSTRCTR4.31%
Management
Fund manager group
HSBC
Fund manager company
HSBC Investment Funds (Lux) SA
Fund type
Offshore Fund
Fund objective
The sub-fund invests for long term total return in a portfolio of Mexican equities. The sub-fund invests (normally a minimum of 90% of its net assets) in equities and equity equivalent securities of companies which are based in Mexico as well as those companies which carry out the larger part of their business activities in Mexico. There are no capitalisation restrictions and the sub-fund will normally invest across a range of market capitalisations. The sub-fund may achieve its investment objective by investing up to 10% of its net assets in units or shares of UCITS and/or other Eligible UCIs (excluding other sub-funds of HSBC Global Investment Funds). The sub-fund may use financial derivative instruments (including foreign exchange forwards, non-deliverable forwards and onexchange traded index futures) only for hedging purposes and cash flow management.
Benchmark
  • MSCI Mexico 10/40
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Lee ray27/11/2015
Aline de Souza Cardoso28/02/2013Aline is responsible for Acquirers and Concessions (toll roads) Aline has been working in the industry since 2001. Prior to joining HSBC in 2005 Aline worked as an equity analyst for utilities industry at Banco Brascan S/A. She holds a degree from Universidade Federal do Rio de Janeiro (UFRJ).
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Italy, Luxembourg, Macau, Norway, Offshore, Portugal, Singapore, Sweden
HSBC GIF Mexico Equity AC USD
Initial charge5.54%
Annual charge1.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price7.963
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF6IE
HSBC GIF Mexico Equity ACEUR EUR
Initial charge5.54%
Annual charge1.75%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOCN
HSBC GIF Mexico Equity BC USD
Initial charge5.54%
Annual charge0.88%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.145
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOCO
HSBC GIF Mexico Equity BCEUR EUR
Initial charge5.54%
Annual charge0.88%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOCP
HSBC GIF Mexico Equity EC USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.398
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE5DY
HSBC GIF Mexico Equity IC USD
Initial charge5.54%
Annual charge0.88%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price8.61
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJJDI
HSBC GIF Mexico Equity ICEUR
Initial charge5.54%
Annual charge0.88%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price9.189
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8OQ
HSBC GIF Mexico Equity ICEUR USD
Initial charge5.54%
Annual charge0.88%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price10.289
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF8OP
HSBC GIF Mexico Equity JC USD
Initial charge5.54%
Annual charge0.6%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price8.327
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF6IF
HSBC GIF Mexico Equity XC USD
Initial charge5.54%
Annual charge0.75%
Min single investment£2,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)0.93%
Bid price-
Offer price-
Mid price9.736
CurrencyUSD
Price updated12/02/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFEBL
HSBC GIF Mexico Equity ZC USD
Initial charge5.54%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.622
CurrencyUSD
Price updated27/03/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF6IG
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.