Latin America Equities EUR Acc

Growth equities

Key Information

  • ISIN

    DK0060647873

  • Inception

    21.09.2015

  • Return Profile

    Accumulated

  • Dividend

    0.00 EUR

  • Risk Class

    7

  • Share Class Assets (m)

    3 EUR

  • ÅOP (Costs)

    2,52 %

  • Indirect Trade Cost

    0.17 %

  •  
  • KIID

  • Fund Facts

  • Prospectus

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Profile

Investment profile
The fund invests actively in companies from countries in Latin America. Portfolio philosophy is based on extensive analysis of global and local market conditions involving four elements: macroeconomic analysis, structural themes, style analysis and an assessment of each company’s business model, quality and return potential. This process aims to identify a robust portfolio of shares that is expected to deliver growth and quality at an attractive price. A portfolio usually comprises between 80 and 120 shares spread across countries, industries and companies.


The typical investor
The typical investor has an investment horizon of at least 3 years and is looking for a high degree of diversification across Latin American companies as a good long-term investment opportunity. Investors are expected to know that risk factors, see “Risk factors” below, may at times lead to significant price fluctuations within the fund.

Benchmark
The fund’s benchmark is MSCI Latin America, including net dividends.

Returns

Date 24/09/21 12:01

Today's Return: -1.89%

Return Aug.: -1.11%

Return YtD: -1.29%

NAV per. 24/09/21 12:01

Today's Returns -1.89 %
Return year to date, % -1.29 %
Redemption 23.32
Subscription 23.32
NAV 23.32
Total Assets (m) 3 EUR

Returns - Last Update 01/09/21

Return year to date, % 6.31 %
1 Year 34.72%
3 Years 4.04%
5 Years -1.72%
7 Years -16.67%
10 Years -3.64%

NAV development

Export graph-data

Include:

NAV at 12pm

DateNAV at 12pm
23/09/202123.77
22/09/202123.16
21/09/202122.92
20/09/202123.01
17/09/202123.80
16/09/202124.15
15/09/202124.10
14/09/202124.16
13/09/202124.04
10/09/202124.24
09/09/202123.39
08/09/202124.50
07/09/202124.52
06/09/202124.43
03/09/202124.48
02/09/202124.65
01/09/202125.16
31/08/202125.02
30/08/202125.05
27/08/202124.61
26/08/202124.79
25/08/202124.78
24/08/202123.92
23/08/202123.92
20/08/202123.45
19/08/202123.55
18/08/202124.37
17/08/202124.53
16/08/202124.90
13/08/202125.15
12/08/202125.32
11/08/202125.60
10/08/202125.33
09/08/202125.45
06/08/202125.08
05/08/202125.49
04/08/202125.52
03/08/202125.34
03/08/202125.34
02/08/202125.32
30/07/202126.06
29/07/202126.31
28/07/202125.94
27/07/202125.89
26/07/202125.55
23/07/202126.00
22/07/202125.99
21/07/202125.68
20/07/202125.38
19/07/202126.16
16/07/202126.59
15/07/202126.71
14/07/202126.46
13/07/202126.18
12/07/202125.65
09/07/202125.48
08/07/202125.35
07/07/202125.72
06/07/202126.52
05/07/202126.49
02/07/202126.45
01/07/202126.81
30/06/202126.75
29/06/202126.90
28/06/202126.85
25/06/202127.48
24/06/202127.11
23/06/202126.97
22/06/202126.61
21/06/202126.31
18/06/202126.51
17/06/202126.44
16/06/202126.36
15/06/202126.40
14/06/202126.31
11/06/202126.47
10/06/202126.47
09/06/202126.44
08/06/202126.72
07/06/202126.52
04/06/202126.30
03/06/202126.26
02/06/202125.86
01/06/202125.56
31/05/202125.26
28/05/202124.93
27/05/202124.44
26/05/202124.28
25/05/202124.52
21/05/202124.63
20/05/202124.38
19/05/202124.64
18/05/202124.93
17/05/202124.70
12/05/202125.20
11/05/202124.92
10/05/202125.17
07/05/202124.72
06/05/202124.18
05/05/202123.84
04/05/202123.96
03/05/202123.69
29/04/202124.39
28/04/202123.88
27/04/202123.94
26/04/202123.87
23/04/202124.07
22/04/202123.70
21/04/202123.59
20/04/202123.65
19/04/202123.82
16/04/202123.68
15/04/202123.55
14/04/202123.15
13/04/202122.92
12/04/202123.07
09/04/202123.46
08/04/202123.36
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Return & Dividend

YearReturnsDividendIncome on equityCapital incomeTaxfreeNAV per unit (End Year)
2020-23.11%0.000.000.000.0023.63
201918.16%0.000.000.000.0030.73
2018-0.06%0.000.000.000.0026.01
20173.06%-0.000.000.0026.02
201615.06%-0.000.000.0025.25
2015-13.73%-0.000.000.0021.95
20142.94%-0.000.000.0025.44
2013-13.44%-0.000.000.0024.71
201210.65%-0.000.000.0028.55
2011-14.45%-0.000.000.0025.80
201026.66%-0.000.000.0030.16
2009101.72%-0.000.000.0023.81
2008-48.01%-0.000.000.0011.80
200731.14%-0.000.000.0022.71
200635.25%-0.000.000.0017.31
200564.42%-0.000.000.000.00
200427.63%-0.000.000.000.00
200353.15%-0.000.000.000.00
2002-27.10%-0.000.000.000.00
2001-0.23%-0.000.000.000.00
2000-8.45%-0.000.000.000.00
1999108.26%-0.000.000.000.00
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Latest trends

Latin America Equities EUR AccReturn AugustReturn YtD
Latest trend-1.11%6.31%
Return benchmark1.30%9.18%

Fund Holdings

Fund Holdings

Top 10 HoldingsIndustryCountryProportion
Vale Rio DoceSteelBrazil8.79%
Petroleo BrasileiroIntegrated Oil & GasBrazil6.78%
Banco Bradesco Pref.Diversified BanksBrazil5.10%
B3 SA - Brasil Bolsa BalcaoFinancial Exchanges & DataBrazil3.22%
Nuvero Grupo MexicoDiversified Metals & MiningMexico3.12%
Itausa - InvestimentosDiversified BanksBrazil2.97%
BanorteDiversified BanksMexico2.69%
Fibra Uno AdministracionDiversified REITsMexico2.41%
GerdauSteelBrazil2.29%
Suzano Papel e CelulosePaper ProductsBrazil2.22%
Fund Holdings: 80
Show all

Distribution by country

Distribution by industry

IndustryProportionChange (%-Points)
Materials25.09%4.26%
Financials23.42%-1.18%
Industrials11.13%2.71%
Consumer Discretionary9.73%1.14%
Energy9.52%-0.80%
Consumer Staples7.68%-3.68%
REIT3.36%-0.85%
Telecommunication Services3.08%-0.61%
Health Care2.84%0.37%
Other4.15%0.01%

Distribution by country

CountryProportionChange (%-Points)
Brazil67.20%-3.98%
Mexico23.13%4.04%
Chile4.76%-0.25%
Argentina2.16%1.23%
USA1.17%1.17%
Peru1.07%-0.84%
Other0.51%0.00%

Risk

Lower risk

Higher risk

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

Potentially lower rewards

Potentially higher rewards

Risk Scale

Placement of the fund on the scale is determined by the fluctuations of the funds NAV over the past five years.

Historical return fluctuations p.a.

Fees and Expenses

Fees and Expenses

Fees and ExpensesTotal Management FeeÅOP (Costs)Indirect Trade Cost SubscriptionRedemption
Latin America Equities EUR Acc1.59 %2.52 %0.17 %0.00 %0.00 %

Key Information per. 31/8-21

ISINDK0060647873
Danish VP Code6064787
Inception of Share Class21.09.2015
BenchmarkMSCI Latin America
ListedNo
AccumulatedYes
AGM (annual general meeting)01.04.2021
Rec. investment horizonMin. 5 years
Portfolio ManagerNicolaj Jeppesen
Base currencyEUR
TER (incl. depositary and adm.exp)1,59 %
ÅOP (Costs)2,52 %
Indirect Trade Cost 0.17 %
Share Class Assets (m) 4 EUR
Denomination10
NAV ultimo 202023.63 EUR
NAV ultimo August 202125.12
Tax Rate-
Fund Holdings80
Dividend (2020)0.00
Year to Date6,31 %
Active Share40.3
Tracking Error-
Deviation + (1 year)24.41
Deviation + (3 years)34.38
Sharpe Ratio (3 Years)0.05