HSBC GIF Latin American Equity AC (FUND:B604Q05) - Overview

Fund Report

HSBC Global Investment Funds - Latin American Equity Class AC

Key Stats
Morningstar® CategoryLatin America Equity
Manager NameNatalia Kerkis
Inception Date09/04/2010
NAV 27/10/2016USD 12.70
Day Change-0.69%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 30/06/201630.24 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment5,000.00 USD
Pricing FrequencyDaily
Dealing Cut off Time08:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge1.90%
Fund Rebate-

Morningstar Rating™



Fund Benchmark

MSCI EM Latin America 10/40 NR USD

Morningstar® Benchmark

MSCI EM Latin America NR USD

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

How has this security performed
  • Fund: HSBC Global Investment Funds - Latin American Equity Class AC
  • Category: Latin America Equity
  • Benchmark: MSCI EM Latin America NR USD
Trailing Returns % (USD) 27/10/2016
3 Years Annualised-9.55-7.68-6.55
5 Years Annualised-6.37-5.51-5.21
10 Years Annualised1.410.862.50

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 Profile30/06/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseFomento Economico Mexicano SAB de CV Units (1 Series B, 4 Series D) Consumer Defensive5.98
IncreaseItausa Investimentos ITAU SA Financial Services5.76
IncreaseGrupo Financiero Banorte SAB de CV Class O Financial Services5.50
IncreaseAmbev SA Consumer Defensive4.94
IncreaseCCR SA Industrials4.15
Asset Allocation %
Top Stock Regions
Latin America99.02
United States0.98
Asia - Developed0.00
Top Stock Sectors
Stock Sector%
Financial Services31.97
Consumer Defensive19.75
Basic Materials9.36
Consumer Cyclical6.82
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