HSBC Asset Management Mexico has launched the dollar-denominated HSBCMDL Multi-Asset Balanced Fund. The company says this is an option “designed for investors who do not actively seek exposure to Mexican assets and seek diversification with a global portfolio referenced in US dollars.”
The fund’s primary goal is to generate long-term returns by investing in dollar-referenced global bonds and assets, the agency said.
The HSBCMDL Fund invests in developed and emerging market equities, government bonds and other global debt securities, providing diversified exposure to the world’s major economies with a focus on dollar-denominated assets.
The investment process follows HSBC Asset Management’s global guidelines and focuses on active risk and performance management, adapting to changing market conditions and optimizing asset mixes over the long term.
Antonio Dodero, Executive Director of HSBC Asset Management Mexico, explains: The new service will also strengthen HSBC Asset Management Mexico’s relationship with customers seeking innovative financial products. ”
HSBC also reported that the fund’s availability period is 24 hours after execution, and the recommended minimum holding period is three years. It is open to both individuals and businesses and is open Monday to Friday from 8:00 to 13:30 (Mexico City time). Different fund series are available to address the specific needs of each type of investor.
The HSBCMDL Multi-Asset Balanced Fund (denominated in USD) is a balanced portfolio of approximately 50% equity and 50% debt, providing global exposure across a variety of asset classes and geographic regions. The Fund’s active management allows investors to benefit from the opportunities presented by the global economic environment.
Additionally, investing in pesos relative to the dollar allows investors to capture both the returns of financial instruments and exchange rate movements. It is important to note that this Fund does not invest in Mexican assets, except for occasional short-term peso cash positions and positions included in collective investment products.
“The ideal investor profile includes an individual or legal entity that diversifies its portfolio with foreign investments, seeks dollar exposure, and can tolerate fluctuations in exchange rates. This profile includes a balance of equity and debt. “These include people who prefer professional investment management that focuses on combinations and distributes assets according to global market conditions,” Dodero explained.
HSBC Mexico provides detailed information about the fund through the official HSBC Asset Management Mexico page.
