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

Fund Report

HSBC Global Investment Funds - Latin American Equity AC

Key Stats
Morningstar® CategoryLatin America Equity
Manager NameLee Ray
Inception Date06/07/2006
NAV 25/04/2018USD 14.55
Day Change-1.86%
12 Month Yield0.00%
ISINLU0449511426
SEDOL
Dividend Frequency-
Net Assets (mil) 31/12/201725.47 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost1.90%
AMC1.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

Below Average

Below Average


Sustainability Rating as of 28/02/2018

Benchmarks

Fund Benchmark

MSCI EM Latin America 10/40 NR USD

Morningstar® Benchmark

MSCI EM Latin America NR USD

Growth Of 10,000 (USD) 31/03/2018

How has this security performed
201320142015201620172018
Fund-8.94-15.30-34.0825.7719.126.78
Category-12.88-14.28-29.9823.6224.675.84
Benchmark-13.36-12.30-31.0431.0423.748.02
  • Fund: HSBC Global Investment Funds - Latin American Equity AC
  • Category: Latin America Equity
  • Benchmark: MSCI EM Latin America NR USD
Trailing Returns % (USD) 25/04/2018
FundCatBmark
YTD6.125.386.32
3 Years Annualised1.895.495.54
5 Years Annualised-4.73-2.90-1.73
10 Years Annualised-3.27-1.67-1.78

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. The sub-fund will seek to invest primarily in securities listed on a Regulated Market but may also invest up to 10% of the sub-fund's net assets in securities listed on markets that are not Regulated Markets.

Portfolio Profile31/12/2017

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
DecreaseItausa Investimentos ITAU SA Financial Services6.41
DecreaseBank Bradesco SA Pref Shs Financial Services5.54
DecreaseFomento Economico Mexicano SAB de CV Units (1 Series B, 4 Series D) Consumer Defensive4.08
DecreaseAmbev SA Consumer Defensive4.06
DecreasePetroleo Brasileiro SA Petrobras ADR Energy3.94
Asset Allocation %
LongShortNet
Stocks96.210.0096.21
Bonds0.000.000.00
Cash28.1126.321.80
Other1.990.001.99
Top Stock Regions
Region%
Latin America99.99
United States0.01
Canada0.00
United Kingdom0.00
Eurozone0.00
Top Stock Sectors
Stock Sector%
Financial Services31.42
Consumer Defensive16.68
Basic Materials16.11
Utilities8.67
Industrials7.22
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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.
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