Latin America Equities EUR Acc
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.
The objective is to obtain a return that equals or outperforms the return of the fund’s benchmark over a three-year period. The fund’s benchmark is MSCI Latin America, including net dividends.
ReturnsDate 21/09/18 12:06
Today's Return: +0.48%
Return Aug.: -8.70%
Return YtD: -5.81%
NAV per. 21/09/18 12:06
|Today's Returns||0.48 %|
|Return year to date, %||-5.81 %|
|Total Assets (m)||5 EUR|
Returns - Last Update 01/09/18
|Return year to date, %||-7.23 %|
Return & Dividend
|Year||Returns||Dividend||Income on equity||Capital income||Taxfree||NAV per unit (End Year)|
|Latin America Equities EUR Acc||Return August||Return YtD|
|Top 10 Holdings||Industry||Country||Proportion|
|Vale Rio Doce||Steel||Brazil||8.34%|
|Petroleo Brasileiro||Integrated Oil & Gas||Brazil||6.16%|
|Fomento Economico Mexico||Soft Drinks||Mexico||4.74%|
|Itausa - Investimentos||Diversified Banks||Brazil||4.60%|
|America Movil||Wireless Telecommunication Services||Mexico||4.48%|
|Banco Bradesco||Diversified Banks||Brazil||4.15%|
|Banco Itau||Diversified Banks||Brazil||4.04%|
|Cia de Bebidas das Americas||Brewers||Brazil||2.96%|
|Fund Holdings: 82|
Distribution by country
Potentially lower rewards
Potentially higher rewards
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 Expenses||Total Management Fee||ÅOP (Costs)||Indirect Trade Cost||Subscription||Redemption|
|Latin America Equities EUR Acc||1.49 %||2.60 %||0.14 %||5.37 %||0.37 %|