abrdn OEIC abrdn Latin American Equity Class I Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

28/02/19
to
29/02/20
29/02/20
to
28/02/21
28/02/21
to
28/02/22
28/02/22
to
28/02/23
28/02/23
to
29/02/24
Fund -6.5% -13.2% 5.1% 8.8% 10.8%
Sector -6.0% -11.1% 7.2% 9.0% 14.7%
Rank 3/10 6/10 5/10 3/10 10/10
Quartile 1 3 2 1 4

Annualised performance

Annualised
3 Years to
29/02/24
5 Years to
29/02/24
10 Years to
29/02/24
Fund 8.2% 0.5% 4.1%
Sector 10.2% 2.3% 4.1%
Rank 6/10 7/10 3/9
Quartile 3 3 1

Top 10 Holdings

Stock % Weight
FOMENTO ECONOMICO MEXCANO SAB DE CV 7.00
ITAUSA SA 6.10
GRUPO FINANCIERO BANORTE SAB DE CV 5.92
WAL-MART DE MEXICO SAB DE CV 4.77
RAIA DROGASIL SA 4.73
PETROLEO BRASILEIRO SA PETROBRAS 4.35
TELEFONICA BRASIL SA 3.88
SOUTHERN COPPER CORP 3.77
WEG S.A. 3.51
EQUATORIAL ENERGIA S A 3.50
Total 47.52

Fund Aims

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.

Fund Manager

Global Emerging Markets Equity Team manager for 13 years and 1 months

Photo of Global Emerging Markets Equity Team Global Emerging Markets Equity Team

Fund Overview

Mid (28/03/2024) 123.25p
Historic yield 5.44%
Fund size (30/04/2023) £85.00m
Number of holdings 40
Entry Charge 0.00%
Ongoing Charges 1.13%
Launch date 01/10/2012

Asset Allocation

pie chart
  International Equities 96.58%
  Cash and Equivalents 1.92%
  UK Equities 1.44%
  Other Assets 0.06%
Portfolio data accurate as at: 30/04/23

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 96.58%
  Cash and Equivalents 1.92%
  UK Equities 1.44%
  Other Assets 0.06%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 21.12% - - -
 
Banks - 11.89% - -
 
Banks - - 11.89% -
 
Banks - - - 11.89%
 
Financial Services - 9.23% - -
 
Investment Banking & Brokerage Services - - 9.23% -
 
Diversified Financial Services - - - 7.40%
 
Investment Services - - - 1.83%
 
Consumer Staples 17.46% - - -
 
Food, Beverage & Tobacco - 10.04% - -
 
Beverages - - 10.04% -
 
Soft Drinks - - - 10.04%
 
Personal Care, Drug & Grocery Stores - 7.42% - -
 
Personal Care, Drug & Grocery Stores - - 7.42% -
 
Drug Retailers - - - 4.73%
 
Food Retailers & Wholesalers - - - 2.69%
 
Basic Materials 13.83% - - -
 
Basic Resources - 10.70% - -
 
Industrial Metals & Mining - - 9.12% -
 
Iron & Steel - - - 4.26%
 
Copper - - - 3.77%
 
Nonferrous Metals - - - 1.09%
 
Industrial Materials - - 1.58% -
 
Paper - - - 1.58%
 
Chemicals - 3.13% - -
 
Chemicals - - 3.13% -
 
Chemicals: Diversified - - - 3.13%
 
Consumer Discretionary 11.65% - - -
 
Consumer Products & Services - 6.88% - -
 
Consumer Services - - 3.79% -
 
Rental & Leasing Services: Consumer - - - 2.05%
 
Consumer Services: Misc. - - - 1.74%
 
Personal Goods - - 3.09% -
 
Footwear - - - 3.09%
 
Retail - 4.77% - -
 
Retailers - - 4.77% -
 
Diversified Retailers - - - 4.77%
 
Apparel Retailers - - - 0.01%
 
Industrials 9.35% - - -
 
Industrial Goods & Services - 9.35% - -
 
Industrial Transportation - - 5.84% -
 
Transportation Services - - - 5.84%
 
Industrial Engineering - - 3.51% -
 
Machinery: Industrial - - - 3.51%
 
Energy 6.98% - - -
 
Energy - 6.98% - -
 
Non-Renewable Energy - - 6.98% -
 
Integrated Oil & Gas - - - 4.35%
 
Oil: Crude Producers - - - 2.63%
 
Real Estate 5.36% - - -
 
Real Estate - 5.36% - -
 
Real Estate Investment & Services - - 5.36% -
 
Real Estate Holding and Development - - - 5.36%
 
Utilities 5.03% - - -
 
Utilities - 5.03% - -
 
Electricity - - 5.03% -
 
Conventional Electricity - - - 5.03%
 
Telecommunications 3.88% - - -
 
Telecommunications - 3.88% - -
 
Telecommunications Service Providers - - 3.88% -
 
Telecommunications Services - - - 3.88%
 
Technology 3.36% - - -
 
Technology - 3.36% - -
 
Software & Computer Services - - 3.36% -
 
Software - - - 2.58%
 
Computer Services - - - 0.78%
 
Cash and Equivalents 1.92% - - -
 
Non-Classified 0.06% - - -

Regional Allocation

pie chart
  South & Central America 85.88%
  North America 9.92%
  Cash and Equivalents 1.92%
  UK 1.44%
  Developed Europe - Excl UK 0.78%
  Non-Classified 0.06%

Regional Breakdown

Expand allCollapse all
Region Country
 
South & Central America 85.88% -
 
Brazil - 55.25%
 
Mexico - 28.86%
 
Chile - 1.77%
 
North America 9.92% -
 
United States - 9.92%
 
Cash and Equivalents 1.92% -
 
UK 1.44% -
 
United Kingdom - 1.44%
 
Developed Europe - Excl UK 0.78% -
 
Luxembourg - 0.78%
 
Non-Classified 0.06% -

Breakdown By Market Cap (%)

Mega
 
 
18.78%
Large
 
 
32.59%
Medium
 
 
22.81%
Small
 
 
4.12%
Non-Classified
 
 
19.78%
Cash
 
 
1.92%

Top 10 Holdings

Stock % Weight Sector Country
1 FOMENTO ECONOMICO MEXCANO SAB DE CV 7.00% Beverages Mexico
2 ITAUSA SA 6.10% Investment Banking & Brokerage Services Brazil
3 GRUPO FINANCIERO BANORTE SAB DE CV 5.92% Banks Mexico
4 WAL-MART DE MEXICO SAB DE CV 4.77% Retailers Mexico
5 RAIA DROGASIL SA 4.73% Personal Care, Drug & Grocery Stores Brazil
6 PETROLEO BRASILEIRO SA PETROBRAS 4.35% Non-Renewable Energy Brazil
7 TELEFONICA BRASIL SA 3.88% Telecommunications Service Providers Brazil
8 SOUTHERN COPPER CORP 3.77% Industrial Metals & Mining United States
9 WEG S.A. 3.51% Industrial Engineering Brazil
10 EQUATORIAL ENERGIA S A 3.50% Electricity Brazil

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 3.36% - - - - - - 3.36%
Telecommunications - 3.88% - - - - - - 3.88%
Financials - 21.12% - - - - - - 21.12%
Real Estate - 5.36% - - - - - - 5.36%
Consumer Discretionary - 11.65% - - - - - - 11.65%
Consumer Staples - 17.46% - - - - - - 17.46%
Energy 1.44% 5.53% - - - - - - 6.98%
Utilities - 5.03% - - - - - - 5.03%
Industrials - 9.35% - - - - - - 9.35%
Basic Materials - 13.83% - - - - - - 13.83%
Cash and Equivalents - - - - - - - 1.92% 1.92%
Non-Classified - - - - - - 0.06% - 0.06%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B4R0SD9
Mex Code AFERIC
Isin Code GB00B4R0SD95
Citi Code GNON

Fund Charges

Entry Charge 0.00%
Ongoing Charges 1.13%

Aims and Benchmark

Aims 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.
Benchmark MSCI Emerging Latin America 10/40 Net Total Return
Benchmark Category -
IA Sector Specialist

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £1.00
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Gross

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 August 31 October

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository Citibank
Fund Administrator Citibank
Fund Registrar SS&C Financial Services Europe Limited
Fund Custodian Citibank

Group Details

Group name abrdn OEIC
Group address Aberdeen Standard Fund Managers Limited PO BOX 12233 Chelmsford CM99 2EE
Group telephone 0800 33 33 53
Dealing telephone 0800 33 33 53
Email investments_marketline@standardlife.com
Homepage www.aberdeenstandard.com
Fax number 0131 525 9720

Dealing

Minimum Investment £500000
Minimum Top Up £10000
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 2

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.