Should I invest in the HSBC Brazil fund?
This is a new fund offering that invests in units of HSBC Global Investments Funds (HGIF) Brazil Equity Fund, which is a feeder route to investing in Brazil. If this is your first or only investment, you will be better of investing in funds available in India. Remember, tracking the performance of such funds is not easy and there also exists the currency risk that you face with such investments. If you have a well diversified portfolio and understand all of these risks and still feel you can take such risks and are willing to take a bet on investments in Brazil; you can at best consider allocating up to 5 per cent of your allocation to this fund.