Fact sheet: HSBC GIF Mexico Equity

Fund information

Fund name
HSBC GIF Mexico Equity IC USD
Fund company manager
HSBC Investment Funds (Lux) SA
Fund type
SIB
Fund manager(s)
Lee ray
since 27/11/2015
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

26.6 %

1 Year rank in sector

24/41

Sector

FO Equity - Latin America

Yield
-
Fund size

£ 96.3 m

FE Risk score

193

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Mexico
    97.56%
  • Money Market
    2.44%
  • Consumer Staples
    26.68%
  • Materials
    20.87%
  • Financials
    19.83%
  • Industrials
    12.14%
  • Telecommunications Utilities
    6.56%
  • Mexican Equities
    97.56%
  • Money Market
    2.44%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund5.61 %-10.06 %26.6 %-5.4 %0 %
Sector9.57 %10.37 %25.01 %13.75 %-18.68 %
Rank within sector36 / 4141 / 4124 / 4140 / 40 /
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Calendar performance

YTD-20182017201620152014
Fund6.79 %10 %-12.91 %-9.74 %-9.01 %
Sector6.9 %20.87 %26.05 %-31.7 %-12.49 %
Rank within sector25 / 4138 / 4141 / 412 / 4010 / 38
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Risk statistics

Alpha-5.09
Beta0.52
Sharpe-0.01
Volatility17.85
Tracking error17.15
Information ratio-0.35
R-Squared0.42

Price movement

52 week high10.043
52 week low7.255
Current bid price0
Current offer price0
Current mid price9.033

Holdings by region

  • 97.56% Mexico
  • 2.44% Money Market

Holdings by sector

  • 26.68% Consumer Staples
  • 20.87% Materials
  • 19.83% Financials
  • 12.14% Industrials
  • 6.56% Telecommunications Utilities
  • 5.69% Consumer Discretionary
  • 5.06% Real Estate
  • 2.44% Money Market
  • 0.73% Mutual Funds

Holdings by asset type

  • 97.56% Mexican Equities
  • 2.44% Money Market

Individual holdings

  • 9.24% CEMEX S.A.B. DE C.V.
  • 9.18% GRUPO FINANCIERO BANORTE SAB DE CV
  • 6.77% GRUPO MEXICO SAB DE CV
  • 6.58% FOMENTO ECONOMICO MEXCANO SAB DE CV
  • 4.86% MEXICHEM SAB DE CV
  • 4.79% ARCA CONTINENTAL SAB DE CV
  • 4.79% GRUPO FINANCIERO INBURSA SAB DE CV
  • 4.75% PROMOTORA Y OPERADORA DE INFRSTRCTR
  • 4.49% GRUMA SAB DE CV
  • 4.33% ALSEA SAB DE CV