abrdn Latin American Equity Class I - Accumulation (GBP)
Charges and Savings
Initial charges | |
---|---|
Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |
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Performance fee: | No |
Ongoing charge (OCF/TER): | 1.13% |
Ongoing saving from HL: | 0.54% i |
Net ongoing charge: | 0.59% |
In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
24/04/19 to 24/04/20 | 24/04/20 to 24/04/21 | 24/04/21 to 24/04/22 | 24/04/22 to 24/04/23 | 24/04/23 to 24/04/24 | |
---|---|---|---|---|---|
Annual return | -37.75% | 40.38% | 9.11% | -5.59% | 10.55% |
Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.
View fund chartOur view on this fund
This specialist fund focuses on the main markets of Latin America, including Brazil, Mexico, Chile and Peru. The fund is run by a team with a long record of investing in these markets. They have a long-term focus but are willing to be flexible in the hunt for the best...
Our latest articleIn this update, Investment Analyst Henry Ince shares our analysis on the manager, process, culture, ESG integration, cost, and performance of the abrdn Asia Pacific Equity fund.
Fund Objective
To generate growth over the long term (5 years or more) by investing in Latin American equities (company shares). Performance Target: To achieve the return of the MSCI EM Latin America 10/40 Net Total Return Index plus 3% per annum over rolling three year periods (before charges). There is no however no certainty or promise that the Performance Target will be achieved. The MSCI EM Latin America 10/40 Net Total Return Index (the "Index") is a representative index of the collective stock markets of Latin America.
Income Details
Security | Weight |
---|---|
FOMENTO ECONOMICO MEXCANO SAB DE CV | 7.00% |
ITAUSA SA | 6.10% |
GRUPO FINANCIERO BANORTE SAB DE CV | 5.92% |
WAL-MART DE MEXICO SAB DE CV | 4.77% |
RAIA DROGASIL SA | 4.73% |
PETROLEO BRASILEIRO SA PETROBRAS | 4.35% |
TELEFONICA BRASIL SA | 3.88% |
SOUTHERN COPPER CORP | 3.77% |
WEG S.A. | 3.51% |
EQUATORIAL ENERGIA S A | 3.50% |
Sector | Weight |
---|---|
Banks | 11.89% |
Beverages | 10.04% |
Investment Banking & Brokerage Services | 9.23% |
Industrial Metals & Mining | 9.12% |
Personal Care, Drug & Grocery Stores | 7.42% |
Non-Renewable Energy | 6.98% |
Industrial Transportation | 5.84% |
Real Estate Investment & Services | 5.36% |
Electricity | 5.03% |
Retailers | 4.77% |
Country | Weight |
---|---|
Brazil | 55.25% |
Mexico | 28.86% |
United States | 9.92% |
Cash and Equiv. | 1.92% |
Chile | 1.77% |
United Kingdom | 1.44% |
Luxembourg | 0.78% |
Non-Classified | 0.06% |
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 24 April 2024. Data provided by Broadridge, correct as at 30 September 2023.
4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.