Brazilian Hard Currency Fund

USD-denominated Brazilian credit exposure for investors seeking access to Brazil with reduced local currency risk.

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Fund Overview

Investment Objective

The fund provides access to Brazilian issuers in USD markets for investors seeking hard-currency credit exposure.

Exposure: Brazilian hard-currency credit.
Focus: Issuer risk, spread levels and global credit conditions.
Investor use: Brazilian credit exposure separate from local FX.

What drives returns

credit spreads
issuer fundamentals
global risk conditions
active credit selection

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