Fact sheet: HSBC GIF Brazil Bond

Fund information

Fund name
HSBC GIF Brazil Bond AD NAV USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Olga Yangol
since 01/02/2016
Nishant Upadhyay
since 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

19.88 %

1 Year rank in sector

1/25

Sector

FO Fixed Int - Other Single Currency

Yield
-
Fund size

£ 166.6 m

FE Risk score

169

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    100%
  • Brazilian Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.17 %6.61 %19.88 %15.44 %0 %
Sector-0.18 %2.3 %5.46 %6.56 %10.32 %
Rank within sector22 / 262 / 251 / 252 / 19 /
Quartile th4 th1 st1 st1 st th

Calendar performance

YTD-20172016201520142013
Fund12.12 %56.65 %-31.99 %0 %0 %
Sector5.16 %2.04 %-0.92 %4.25 %-0.3 %
Rank within sector4 / 251 / 2519 / 19 / /
Quartile th1 st1 st4 th th th

Risk statistics

Alpha-3.21
Beta5.03
Sharpe0.06
Volatility22.71
Tracking error21.57
Information ratio0.12
R-Squared0.26

Price movement

52 week high10.58
52 week low8.687
Current bid price0
Current offer price0
Current mid price9.61

Holdings by region

  • 100% Brazil

Holdings by sector

-

Holdings by asset type

  • 100% Brazilian Fixed Interest

Individual holdings

  • 19.07% BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/21 BRL1000
  • 14.98% LETRA TESOURO NACIONAL 0.0000 01-JUL-20
  • 13.78% LETRA TESOURO NACIONAL 0.0000 01-JUL-19
  • 13.13% NOTA DO TESOURO NACIONAL 10.0000 01-JAN-23
  • 9.03% LETRA TESOURO NACIONAL 0.0000 01-JAN-20
  • 8.13% NOTA DO TESOURO NACIONAL 10.0000 01-JAN-25
  • 7.38% NOTA DO TESOURO NACIONAL 10.0000 01-JAN-27
  • 6.77% LETRA TESOURO NACIONAL 0.0000 01-JAN-19
  • 4.11% LETRA TESOURO NACIONAL 0.0000 01-APR-19
  • 1.01% LETRA TESOURO NACIONAL 0.0000 01-OCT-19