Fact sheet: HSBC GIF Mexico Equity

Fund information

Fund name
HSBC GIF Mexico Equity EC USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager
Aline de Souza Cardoso
since 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

12.67 %

1 Year rank in sector

39/44

Sector

FO Equity - Latin America

Yield
-
Fund size

£ 116.0 m

FE Risk score

189

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Mexico
    99.25%
  • Money Market
    0.75%
  • Consumer Staples
    28.96%
  • Financials
    20.82%
  • Industrials
    16.94%
  • Materials
    15.69%
  • Telecommunications Utilities
    6.7%
  • Mexican Equities
    99.25%
  • Money Market
    0.75%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-2.87 %9.79 %12.67 %0 %0 %
Sector6.58 %15.04 %25.84 %-9.61 %-14.26 %
Rank within sector44 / 4436 / 4439 / 44 / /
Quartile th4 th4 th4 th th th

Calendar performance

YTD-20172016201520142013
Fund23.95 %-14.29 %0 %0 %0 %
Sector28.3 %26.05 %-31.7 %-12.49 %-13.99 %
Rank within sector34 / 4444 / 44 / / /
Quartile th4 th4 th th th th

Price movement

52 week high9.658
52 week low6.888
Current bid price0
Current offer price0
Current mid price9.242

Holdings by region

  • 99.25% Mexico
  • 0.75% Money Market

Holdings by sector

  • 28.96% Consumer Staples
  • 20.82% Financials
  • 16.94% Industrials
  • 15.69% Materials
  • 6.7% Telecommunications Utilities
  • 5.37% Consumer Discretionary
  • 4.77% Real Estate
  • 0.75% Money Market

Holdings by asset type

  • 99.25% Mexican Equities
  • 0.75% Money Market

Individual holdings

  • 9.64% GRUPO FINANCIERO BANORTE SAB DE CV
  • 7.83% WAL-MART DE MEXICO SAB DE CV
  • 7.19% FOMENTO ECONOMICO MEXCANO SAB DE CV
  • 6.53% GRUPO MEXICO SAB DE CV
  • 4.66% MEXICHEM SAB DE CV
  • 4.5% CEMEX S.A.B. DE C.V.
  • 4.46% GRUPO FINANCIERO INBURSA SAB DE CV
  • 4.37% PROMOTORA Y OPERADORA DE INFRSTRCTR
  • 4.33% GRUPO AEROPORTUARIO DEL CENTRO NORT
  • 4.29% GRUPO FIN SANTANDER-B