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BlackRock Latin American Investment Trust plc (BRLA) Ordinary Shares $0.10

Sell:398.00p Buy:409.00p 0 Change: No change
Market closed Prices as at close on 1 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:398.00p
Buy:409.00p
Change: No change
Market closed Prices as at close on 1 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:398.00p
Buy:409.00p
Change: No change
Market closed Prices as at close on 1 March 2024 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

To secure long term capital growth and an attractive total return primarily through investing in quoted securities in Latin America. The investment portfolio will be chosen from a spread of companies which are listed in, or whose main activities are in, Latin America. We will selectively employ gearing with the aim of enhancing returns.
Security Weight
Vale SA ADR 9.45%
Wal - Mart de Mexico SAB de CV 6.36%
Fomento Economico Mexicano SAB de CV ADR 4.92%
Bank Bradesco SA ADR 4.42%
B3 SA - Brasil Bolsa Balcao 4.38%
Petroleo Brasileiro SA Petrobras ADR 4.08%
Grupo Aeroportuario del Pacifico SAB de CV ADR 3.93%
Itau Unibanco Holding SA ADR 3.92%
Petroleo Brasileiro SA Petrobras ADR 3.74%
Grupo Financiero Banorte SAB de CV Class O 3.46%
Sector Weight
Financial Services 24.99%
Consumer Defensive 19.98%
Basic Materials 19.65%
Energy 11.40%
Industrials 9.26%
Consumer Cyclical 8.38%
Real Estate 5.38%
Technology 2.56%
Communication Services 2.07%
Healthcare 1.02%
Country Weight
Brazil 61.47%
Mexico 26.67%
Chile 4.88%
Canada 4.25%
United States 3.33%
Colombia 2.76%
Italy 1.32%

Fee Structure

Management fee is 0.80% p.a. of the NAV of Company. The Company does not have any performance fee arrangements in place. The management contract is terminable by either party on six months notice.

Dividend Policy

The dividend policy is to pay regular quarterly dividends equivalent to 1.25% of the Company’s US Dollar NAV on the last working day of March, June, September and December each year, with the dividends being paid in May, August, November and February each year, respectively.

ASSET SPLIT

Total number of holdings: 51.

Trust Manager

Sam Vecht

Manager Bio

Sam Vecht, CFA, Managing Director, is Head of Emerging Europe, Frontiers and Alternative Strategies and a portfolio manager within BlackRock’s Fundamental Equity Group. Mr. Vecht is lead portfolio manager for the Emerging Markets Equity Strategies Fund and also co-manages the Latin America, Emerging Europe, Emerging Frontiers Hedge Fund, Frontiers, and Asia Pacific Absolute Return strategies. He is also a research pod leader of the EMEA & Frontiers and Latin America pods. Mr. Vecht's service with the firm dates back to 2000, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Vecht earned a BSc degree, with honours, in international relations and history from the London School of Economics

Board Of Directors

Carolan DobsonChairman, Nigel Webber, Craig Cleland, Laurie Meister

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'.