abrdn Latin American Equity Class I - Accumulation (GBP)
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Charges and Savings
Initial charges | |
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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: | 0.63% i |
Net ongoing charge: | 0.50% |
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
16/08/19 to 16/08/20 | 16/08/20 to 16/08/21 | 16/08/21 to 16/08/22 | 16/08/22 to 16/08/23 | 16/08/23 to 16/08/24 | |
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Annual return | -26.89% | 16.12% | 4.50% | 4.82% | -2.54% |
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
The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »
Our latest article
In this update, Investment Analyst Henry Ince shares our analysis on the manager, process, culture, ESG integration, cost, and performance of the abrdn Latin American 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 |
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ITAUSA SA | 8.34% |
GRUPO FINANCIERO BANORTE SAB DE CV | 6.84% |
PETROLEO BRASILEIRO S A PETROBRAS | 6.51% |
GRUPO MEXICO S. A. B. DE C.V. | 5.56% |
FOMENTO ECONOMICO MEXICANO S A B DE C V | 5.25% |
AMERICA MOVIL S A B DE C V | 4.59% |
CREDICORP | 4.32% |
ARCA CONTINENTAL SAB DE CV | 4.25% |
EQUATORIAL ENERGIA S A | 3.52% |
RAIA DROGASIL SA | 3.48% |
Sector | Weight |
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Banks | 13.43% |
Industrial Metals & Mining | 11.11% |
Beverages | 9.51% |
Non-Renewable Energy | 8.52% |
Investment Banking & Brokerage Services | 8.34% |
Industrial Transportation | 7.96% |
Real Estate Investment & Services | 6.02% |
Telecommunications Service Providers | 4.59% |
Consumer Services | 4.45% |
Electricity | 3.52% |
Country | Weight |
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Brazil | 47.91% |
Mexico | 24.08% |
United States | 16.43% |
Non-Classified | 5.36% |
Canada | 2.28% |
Cash and Equiv. | 2.12% |
Chile | 1.82% |
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 16 August 2024. Data provided by Broadridge, correct as at 30 June 2024.
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4 If you elect to receive the income from an ISA or a 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.