HSBC GIF Latin American Equity M1C (FUND:B1F0RL1) - Overview

Fund Report

HSBC Global Investment Funds - Latin American Equity Class M1C

Key Stats
Morningstar® CategoryLatin America Equity
Manager NameNatalia Kerkis
Inception Date06/07/2006
NAV 09/12/2016USD 11.91
Day Change1.78%
12 Month Yield0.00%
ISINLU0254985343
SEDOL
Dividend Frequency-
Net Assets (mil) 31/08/201631.19 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.40%
AMC1.00%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/10/2016

Benchmarks

Fund Benchmark

MSCI EM Latin America 10/40 NR USD

Morningstar® Benchmark

MSCI EM Latin America NR USD

Growth Of 10,000 (USD) 30/11/2016

How has this security performed
20122013201420152016
Fund12.81-8.48-14.88-33.7524.07
Category11.68-12.88-14.28-29.9822.15
Benchmark8.66-13.36-12.30-31.0429.91
  • Fund: HSBC Global Investment Funds - Latin American Equity Class M1C
  • Category: Latin America Equity
  • Benchmark: MSCI EM Latin America NR USD
Trailing Returns % (USD) 09/12/2016
FundCatBmark
YTD25.9022.4529.60
3 Years Annualised-10.79-9.44-7.68
5 Years Annualised-6.81-6.86-6.29
10 Years Annualised-0.10-1.060.51

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The sub-fund seeks long-term returns from capital growth and income by investing primarily in a concentrated portfolio of investments in equity and equity equivalent securities of companies which have their registered office in, and with an official listing on a major stock exchange or other Regulated Market of any Latin American country, as well as companies which carry out a preponderant part of their economic activities in Latin America.

Portfolio Profile31/08/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
Itausa Investimentos ITAU SA Financial Services6.71
DecreaseFomento Economico Mexicano SAB de CV Units (1 Series B, 4 Series D) Consumer Defensive5.46
IncreasePetroleo Brasileiro SA Petrobras ADR Energy5.45
Grupo Financiero Banorte SAB de CV Class O Financial Services5.12
Ambev SA Consumer Defensive4.82
Asset Allocation %
LongShortNet
Stocks95.650.0095.65
Bonds0.000.000.00
Cash21.3819.741.64
Other2.710.002.71
Top Stock Regions
Region%
Latin America99.98
United States0.02
Japan0.00
Australasia0.00
Asia - Developed0.00
Top Stock Sectors
Stock Sector%
Financial Services34.91
Consumer Defensive18.44
Basic Materials10.43
Industrials10.23
Energy7.29
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