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


Fund Report

HSBC Global Investment Funds - Brazil Bond AC (PLN)

Key Stats
Morningstar® CategoryOther Bond
Manager NameNishant Upadhyay
Inception Date13/07/2006
NAV 16/09/2019PLN 81.52
Day Change0.23%
12 Month Yield-
ISINLU0254978488
Dividend Frequency-
Net Assets (mil) 31/08/201977.92 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment5,000.00 PLN
Pricing FrequencyDaily
Dealing Cut off Time07:45:00
Regular InvestmentNo
Actual Initial Charge2.54%
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost1.35%
AMC1.00%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

JPM GBI-EM Global Brazil TR USD

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (PLN) 31/08/2019

How has this security performed
201420152016201720182019
Fund12.67-25.0369.42-5.862.287.05
  • Fund: HSBC Global Investment Funds - Brazil Bond AC (PLN)
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (PLN) 16/09/2019
Fund
YTD8.81
3 Years Annualised6.78
5 Years Annualised4.75
10 Years Annualised5.57

Morningstar SRRI

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

Investment Objective

The sub-fund invests for total return primarily in a diversified portfolio of Non-Investment Grade 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), quasi-government entities, state sponsored enterprises, local or regional governments (including state, provincial, and municipal governments and governmental entities) 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.

Portfolio Profile31/08/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds98.290.0098.29
Cash20.5317.043.49
Other0.021.80-1.78
Top Fixed Income Sectors
Fixed Income Sector%
Government96.53
Cash & Equivalents3.53
Government Related0.04
Future/Forward-0.11
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Brazil (Federative Republic) 10% 2023-01-01Brazil22.70
Secretaria Tesouro Nacional 10% 2027-01-01Brazil14.57
Secretaria Tesouro Nacional 10% 2025-01-01Brazil13.82
Secretaria Tesouro Nacional 0% 2021-07-01Brazil12.17
Secretaria Tesouro Nacional 0% 2022-07-01Brazil11.51
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