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Aberdeen Latin American Income Fund Ltd (ALAI) Ord NPV

Sell:50.00p Buy:51.80p 0 Change: No change
Market closed Prices as at close on 18 September 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:50.00p
Buy:51.80p
Change: No change
Market closed Prices as at close on 18 September 2020 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:50.00p
Buy:51.80p
Change: No change
Market closed Prices as at close on 18 September 2020 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 investment objective of the Company is to provide Ordinary shareholders with a total return, with an above average yield, primarily through investing in Latin American securities.
Security Weight
Republic of Colombia 9.85% 6.63%
Secretaria Tesouro Nacional 10% 6.57%
Uruguay (Republic of) 4.38% 3.85%
B3 SA - Brasil Bolsa Balcao 3.79%
Mexico (United Mexican States) 10% 3.69%
Petroleo Brasileiro SA Petrobras Participating Pre 3.65%
Mexico (United Mexican States) 8.5% 3.60%
Vale SA ADR 3.02%
Bradespar SA Participating Preferred 2.97%
The Republic of Peru 6.95% 2.83%
Sector Weight
Financial Services 19.03%
Consumer Defensive 8.66%
Industrials 7.68%
Consumer Cyclical 5.91%
Technology 4.28%
Energy 4.25%
Basic Materials 3.87%
Healthcare 3.47%
Real Estate 2.10%
Utilities 1.07%
Country Weight
Brazil 50.86%
Mexico 22.99%
Colombia 8.45%
Peru 6.26%
Uruguay 5.95%
Chile 3.64%
United States 1.85%

Fee Structure

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

Dividend Policy

The Company expects to pay, in respect of each financial year, interim dividends in January, April, July and October in respect of the three months ending on the preceding November, February, May and August respectively.

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, 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'.