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abrdn Latin American Equity Class I - Accumulation (GBP)

Sell:103.47p Buy:103.47p Change: 0.1p (0.10%)
Prices as at 22 November 2024
Sell:103.47p
Buy:103.47p
Change: 0.1p (0.10%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 22 November 2024
Sell:103.47p
Buy:103.47p
Change: 0.1p (0.10%)
Prices as at 22 November 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
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.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
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

Unit type: Unbundled
Manager:
Global Emerging Markets Equity Team
Fund launch date: 18 January 2011
Sector: Latin America
Fund size: £74 million
Number of holdings: 36
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

22/11/19 to 22/11/20 22/11/20 to 22/11/21 22/11/21 to 22/11/22 22/11/22 to 22/11/23 22/11/23 to 22/11/24
Annual return -17.87% -8.75% 20.13% 11.90% -14.74%

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.

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Our 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

Historic yield : 4.53%
Income paid: Annually
Type of payment: Dividend
Ex-dividend date: 1 August 2025
Payment date: 31 October 20254

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 September 2024.

Security Weight
ITAUSA SA 7.81%
VALE S.A. 6.82%
PETROLEO BRASILEIRO S A PETROBRAS 5.97%
NU HOLDINGS 5.11%
CREDICORP 4.95%
GRUPO MEXICO S. A. B. DE C.V. 4.77%
BANCO BRADESCO S.A. 4.60%
FOMENTO ECONOMICO MEXICANO S A B DE C V 3.97%
REDE D OR SAO LUIZ SA 3.88%
ARCA CONTINENTAL SAB DE CV 3.83%
Sector Weight
Banks 16.48%
Industrial Metals & Mining 14.94%
Non-Renewable Energy 8.88%
Investment Banking & Brokerage Services 7.81%
Beverages 7.79%
Industrial Transportation 6.90%
Real Estate Investment & Services 5.77%
Finance & Credit Services 5.11%
Health Care Providers 3.88%
Electricity 3.21%
Country Weight
Brazil 51.44%
United States 17.26%
Mexico 14.30%
Non-Classified 8.47%
Chile 4.08%
Canada 2.92%
Cash and Equiv. 1.53%

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 22 November 2024. Data provided by Broadridge, correct as at 31 October 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

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.