Description: The investment objective of the Fund is to replicate the performance of the MSCI EM Latin America Index (the “Index”), while minimising as far as possible the tracking error between the Fund’s performance and that of the Index. The Index is a market-capitalisation weighted index designed to measure the performance of the largest publicly listed companies in Brazil, Chile, Colombia, Mexico and Peru, as defined by the Index Provider. The markets in which the issuers are based are considered to be emerging markets and accordingly, are subject to specific risk factors. In seeking to achieve its investment objective, the Fund will aim to invest in securities included in the Index in generally the same proportions in which they are included in the Index.
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
Category: Latin America Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 98.98 | 0.00 | 98.98 |
| Stock US | 1.04 | 0.00 | 1.04 |
| Cash | 39.40 | 39.42 | -0.02 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 25.27 | 30.11 |
| Basic Materials | 23.91 | 15.11 |
| Consumer Defensive | 14.54 | 13.43 |
| Energy | 9.26 | 9.23 |
| Industrials | 8.91 | 11.56 |
| Communication Services | 6.35 | 3.30 |
| Utilities | 6.04 | 3.89 |
| Consumer Cyclicals | 2.46 | 5.91 |
| Healthcare | 2.06 | 1.80 |
| Real Estate | 0.70 | 2.63 |
| Technology | 0.50 | 3.03 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Latin America | 98.96 | 97.31 |
| North America | 1.04 | 2.11 |
| Australasia | 0.00 | 0.08 |
| United Kingdom | 0.00 | 0.16 |
| Europe Developed | 0.00 | 0.33 |