Investors who are interested in diversifying in foreign countries have an opportunity. HSBC Asset Management (India) Pvt. Ltd has launched a new fund offer (NFO) called HSBC Brazil Fund, a fund of funds (FoFs), that will invest in Brazil. FoFs invest in other funds and not directly in the market.
While the choice of country gives hope since just like India, Brazil’s economy is on growth path, the choice of fund doesn’t inspire confidence in view of its past performance.
While the choice of country gives hope since just like India, Brazil’s economy is on growth path, the choice of fund doesn’t inspire confidence in view of its past performance.
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