HSBC GIF Brazil Bond AC PLN (FUND:B1P7262) - Overview

Fund Report

HSBC Global Investment Funds - Brazil Bond Class AC (PLN)

Key Stats
Morningstar® CategoryOther Bond
Manager NameNishant Upadhyay
Inception Date13/07/2006
NAV 21/10/2016PLN 74.67
Day Change0.69%
12 Month Yield-
Dividend Frequency-
Net Assets (mil) 30/06/201689.78 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment5,000.00 PLN
Pricing FrequencyDaily
Dealing Cut off Time10:00:00
Regular InvestmentNo
Actual Initial Charge2.54%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.35%
Fund Rebate-

Morningstar Rating™

Not Rated


Fund Benchmark

JPM GBI-EM Global Brazil TR USD

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (PLN) 30/09/2016

How has this security performed
  • Fund: HSBC Global Investment Funds - Brazil Bond Class AC (PLN)
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (PLN) 21/10/2016
3 Years Annualised7.40
5 Years Annualised2.86
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment 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.

Portfolio Profile30/06/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond6.48
Cash & Equivalents6.45
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseFoederative Republik Brasilien, Bras 10% 2021-01-01Brazil27.31
Brazil Federative Rep 2019-07-01Brazil14.74
IncreaseBrazil Federative Rep 2018-07-01Brazil14.70
Brazil Federative Rep 10% 2025-01-01Brazil10.16
Secretaria Tesouro Nacl 10% 2023-01-01Brazil9.49
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
© Copyright 2016 Morningstar. All rights reserved.