The Schroder Brazilian Equity Fund is part of Schroders’ ISF Luxembourg domiciled fund range. It will hold a concentrated portfolio of between 20 and 40 companies and will be benchmarked against the MSCI Brazil 10/40 index.
Schroders said Scretas will combine top-down market analysis with bottom-up stock-picking. In particular, Scretas will focus on quality value and growth stocks with attractive valuations, solid earnings trends and which are benefiting from domestic growth stories.
“Brazil’s equity market is dynamic and diversified and offers investors access to compelling long-term growth opportunities,” said Scretas.
“As the country has developed over the last few years, companies exposed to domestic demand from Brazil’s growing middle class offer good opportunities in sectors such as real estate, discretionary products and financial services. In addition the country remains one of the world’s largest producers of commodities from aluminium to coffee to soybeans.”
