BRADESCO GLOBAL FUNDS Latin America Hard Currency Bond Fund USD I
As of 31/08/2020
Fund Description Investment Growth
The fund seeks to maximize medium term returns by investing 122,5 primarily in Dolar-denominated Latin American Corporate and Government bonds issued abroad. Investment approach based 115,0 on robust credit research, market and macro monitoring and duration analysis. 107,5
100,0
Fund Facts 92,5 Fund Size $ 9,3 million 85,0 Inception Date 30/05/2014 2014 2016 2018 2020 Domicile Luxembourg Legal Status SICAV / UCITS Latin America Hard Currency Bond Fund USD I Base Currency US Dollar Trailing Net Returns (USD %)
Subscription / Redemption Daily Since 1 M 3 M YTD 2019 2018 Inception Settlement Day 2 LatAm Hard Ccy Bond Fund USD I 1,3 6,7 2,7 11,1 -0,5 20,3
Share Class Information
USD I USD R ISIN LU1057803204 LU1057802735
Ticker BBG BRLAHIU LX BRLAHRU LX Country Allocation Quality Diversification ** Annual Fee (%) 0,75 1.35 % % Brazil 87,6 Inception Date 30/05/2014 - A 1,6 Mexico 9,9 Minimum Investment 1,000,000 US Dollar 5,000 US Dollar Colombia 2,4 BBB 27,5 BB 57,4 B 9,7 EUR R Not Rated 3,8 ISIN LU1057803972 Ticker BBG BRLAHRE LX Annual Fee (%) 1.35 Inception Date - Minimum Investment 1,000 Euro
Top 10 Holdings Maturity Country Fund (%) Date Portfolio Characteristics Itau Unibanco S.A. (Cayman Islands) BRA 31/12/2049 5,3 Average Eff Maturity 5,69 Cemig Geracao e Transmissao S.A. BRA 05/12/2024 4,2 Average Eff Duration 4,46 Braskem Netherlands Finance B V BRA 10/01/2028 4,2 Yield to Maturity 3,79 Vale Overseas Limited BRA 10/08/2026 3,8 Average Credit Quality BB Suzano Austria GmbH BRA 14/07/2026 3,7 Klabin Austria GmbH BRA 03/04/2029 3,6 Gerdau Trade Inc BRA 24/10/2027 3,5 Alfa SAB de CV MEX 25/03/2024 3,5 Cosan Luxembourg S.A. BRA 20/01/2027 3,5 Banco do Brasil S.A. (Grand Cayman Branch) BRA 15/01/2025 3,4
Total number of positions 38 BRADESCO GLOBAL FUNDS Latin America Hard Currency Bond Fund USD I
Fund Investment Objective About BRAM To obtain a superior return in the medium and long term, by investing mainly in the Latin America (including but not limited to Brazil, Mexico, BRAM was created in 2001 from the consolidation of Bradesco’s asset Chile, Colombia, Peru, Uruguay and Argentina) debt market. Investments management divisions and Bradesco-owned asset managers, bringing will be made based on risk and interest yield curve analysis, as well as together over 40 years of expertise in the Latin America market. BRAM has fundamental credit research on the corporate and public issuers. an excess of US$ 100 billion of assets under management from Brazilian, Asian and American retail, private, corporate and institutional clients. BRAM has strong investment capability in fixed income and equities. BRAM is a wholly owned subsidiary of Banco Bradesco, Brazil’s largest privately- owned bank. Fund Investment Policy Diversified portfolio investing primarily in corporate and government sector bonds and secondly among other related instruments, as well as short term fixed income investments related to the Latin America countries debt market.
Manager Note for Latin America Hard Currency Bond Fund USD I BRAM - Bradesco Asset Management S.A. DTVM Av. Brigadeiro Faria Lima, 3064, 7th Floor Sao Paulo - SP, Brazil Tel. +55 11 3847 9028 [email protected] www.bradescoasset.com
Global Distributor Banco Bradesco Europa S.A. 29, Avenue Porte-Neuve L-2227 Luxembourg
Transfer Agent, Custodian Bank and Administrator BNP Paribas Securities Services, Luxembourg Branch 60, Avenue J.F. Kennedy L-1855 Luxembourg
Auditor KPMG 39, Avenue J.F. Kennedy L-1855 Luxembourg
Registered Status This fund is currently registered for sale in Luxembourg
Contacts
BRAM - Bradesco Asset Management S.A. DTVM Tel: +55 11 3847 9028 [email protected]
Bradesco Global Funds – Latin America Hard Currency Bond Fund USD is registered in Luxembourg. Investors should be aware that past performance is no guarantee of future performance. Price of units may fall as well as rise and is not guaranteed. Investors may not get back the amount originally invested. Before investing in this product please read carefully the latest prospectus to be aware of the risks. Unless otherwise stated all data on this factsheet is unaudited. Bradesco Global Funds units may be offered, sold or delivered in those countries in which they have received marketing authorization.