Fact sheet: T. Rowe Price Latin Am Eq

Fund information
Fund name
T. Rowe Price Latin American Equity A USD
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund managers
  • Verena Wachnitzsince 26/03/2014
Fund objective
To increase the value of its shares, over the long term, through growth in the value of its investments. The fund invests mainly in a widely diversified portfolio of stocks of companies in Latin America. The fund may use derivatives for hedging and efficient portfolio management.
Benchmark
  • MSCI Emerging Markets Latin America 1/4 Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.2%
1 Year rank in sector
13/43
Sector
FO Equity - Latin America
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.07%
Fund size
£6m (£5m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
190
Top in this sector
Fund name1 Year
BNY Mellon Brazil Equity77.5%
Templeton Latin Amer44.3%
UBS (L)EqSIC-Brazil$43.2%
Parvest Equity Brazil41.6%
Fidelity Latin America39.6%
...more in FO Equity - Latin America

Performance snapshot

Holdings snapshot

  • Brazil57.6%
    Mexico21.2%
    Peru5.6%
    Chile5.5%
    Argentina4.6%
  • Financials33.7%
    Consumer Staples22.9%
    Consumer Discretionary12.7%
    Real Estate8.9%
    Materials4.8%
  • Brazilian Equities57.6%
    Mexican Equities21.2%
    American Emerging Equities5.8%
    Peruvian Equity5.6%
    Chilean Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-11.1%-10%-0.1%23.2%-19.9%-29.7%
Sector-10.8%-8.4%4%18.4%-26.1%-33.2%
Rank within sector25 / 4333 / 4334 / 4313 / 4312 / 4018 / 36
Quartile3rd4th4th2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund27.1%-27.2%-13.7%-16.3%9.8%
Sector23.6%-31.7%-12.5%-14%7.7%
Rank within sector12 / 4310 / 4224 / 4025 / 3820 / 35
Quartile2nd1st3rd3rd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
3.15
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.01
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0.03
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
25.07
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.36
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.66
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.97
Price movement
52 week high11.06
52 week low6.62
Current bid price-
Current offer price-
Current mid price9.52
Region
1Brazil57.6%
2Mexico21.2%
3Peru5.6%
4Chile5.5%
5Argentina4.6%
6Others3.3%
7Colombia1.2%
8USA1%
Industry sector
1Financials33.7%
2Consumer Staples22.9%
3Consumer Discretionary12.7%
4Real Estate8.9%
5Materials4.8%
6Services4.4%
7Others3.2%
8Utilities3.1%
9Information Technology2.5%
Asset type
1Brazilian Equities57.6%
2Mexican Equities21.2%
3American Emerging Equities5.8%
4Peruvian Equity5.6%
5Chilean Equities5.5%
6International Equities3.3%
7US Equities1%
Individual holdings
1ITAU UNIBANCO HLDG SA9.78%
2BANCO BRADESCO SA9.04%
3LOJAS RENNER SA7.12%
4AMBEV SA6.46%
5FOMENTO ECONOMICO MEXCANO SAB DE CV4.13%
6BRF SA3.92%
7RAIA DROGASIL SA3.43%
8GPO FINANACIERO SANTANDER SAB DE CV3.34%
9CREDICORP3.17%
Management
Fund manager group
T. Rowe Price
Fund manager company
T. Rowe Price
Fund type
Offshore Fund
Fund objective
To increase the value of its shares, over the long term, through growth in the value of its investments. The fund invests mainly in a widely diversified portfolio of stocks of companies in Latin America. The fund may use derivatives for hedging and efficient portfolio management.
Benchmark
  • MSCI Emerging Markets Latin America 1/4 Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Verena Wachnitz26/03/2014Verena Wachnitz is the portfolio manager for the Latin America Equity Strategy and is also a member of the International Research Advisory Committee. Prior to this she was an analyst in the Equity Research team, covering the telecom, financials, materials, and real estate sectors in Latin America. She is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd. She has 10 years of investment experience, all of which have been with T. Rowe Price. Prior to joining T. Rowe Price, she was an investment analyst with Centro de Estudios de Transporte e Infraestructura. She earned a B.A. in economics and a master's degree in finance from Universidad de San Andres. She also has earned the Chartered Financial Analyst designation. She is fluent in Spanish, German, Portuguese and English.
Compliance
Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Ireland, Iceland, Italy, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
T. Rowe Price Latin American Equity A EUR
Initial charge5%
Annual charge1.9%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.07%
Bid price-
Offer price-
Mid price8.96
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNO1
T. Rowe Price Latin American Equity A USD
Initial charge5%
Annual charge1.9%
Min single investment£15,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.07%
Total expense ratio (TER)2.07%
Bid price-
Offer price-
Mid price9.52
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFNO0
T. Rowe Price Latin American Equity I EUR
Initial charge-
Annual charge1%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price6.26
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSC6
T. Rowe Price Latin American Equity I USD
Initial charge-
Annual charge1%
Min single investment£2,500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price6.65
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBPT5
T. Rowe Price Latin American Equity USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price21.96
CurrencyUSD
Price updated26/10/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTD88
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.