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Aberdeen Latin American Income Fund Ltd (ALAI) Ord NPV

Sell:51.00p Buy:55.00p 0 Change: No change
Market closed Prices as at close on 22 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:51.00p
Buy:55.00p
Change: No change
Market closed Prices as at close on 22 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:51.00p
Buy:55.00p
Change: No change
Market closed Prices as at close on 22 September 2021 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company aims to provide private and institutional investors with exposure to the above average long-term capital growth prospects of Latin America combined with an attractive yield. The Company invests in: companies listed on stock exchanges in the Latin American region; Latin American securities (such as ADRs and GDRs) listed on international stock exchanges; companies listed on international exchanges that derive significant revenues or profits from the Latin American region; and debt issued by governments and companies in the Latin American region.
Security Weight
Secretaria Tesouro Nacional 10% 5.45%
Colombia (Republic of) 9.85% 5.32%
Uruguay (Republic of) 4.38% 3.95%
Bradespar SA Participating Preferred 3.45%
Wal - Mart de Mexico SAB de CV 3.41%
B3 SA - Brasil Bolsa Balcao 3.38%
Vale SA ADR 3.37%
Fomento Economico Mexicano SAB de CV ADR 3.12%
Grupo Financiero Banorte SAB de CV Class O 2.95%
Mexico (United Mexican States) 10% 2.71%
Sector Weight
Financial Services 17.51%
Consumer Defensive 8.91%
Industrials 7.12%
Consumer Cyclical 6.85%
Basic Materials 6.23%
Technology 4.73%
Energy 3.82%
Healthcare 3.61%
Real Estate 3.51%
Utilities 1.20%
Country Weight
Brazil 50.61%
Mexico 26.16%
Colombia 7.89%
Uruguay 5.86%
Chile 3.58%
Peru 2.43%
United States 2.21%

Fee Structure

Management fee of 1% p.a. of NAV. Agreement terminable on notice period of 12 months.

Dividend Policy

The dividend policy of the Company is that interim dividends on the Ords are payable quarterly in January, May, July, October.

ASSET SPLIT

Total number of holdings: 50.

Trust Manager

Devan Kaloo

Manager Bio

Devan Kaloo is Head of Global Emerging Markets Equities for Aberdeen, taking up that position in 2005. He is also Global Head of Equities for the group. Devan joined Aberdeen in 2000 as part of the Asian equities team in Singapore, before later transferring to London. He started in fund management with Martin Currie in 1994 covering Latin America, before subsequently working with the North American equities, global asset allocation and eventually the Asian equities teams.

Board Of Directors

Richard ProsserChairman, Howard Myles, Heather MacCallum, Hazel Adam

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. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.