Fact sheet: Fidelity Latin America

Fund information

Fund name
Fidelity Latin America W GBP
Fund company manager
Fidelity International (FIL In
Fund type
SIB
Fund manager
Alex Duffy
since 01/04/2009
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of Latin American companies. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. May invest in assets directly or achieve exposure indirectly through other eligible means including derivatives. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income, including for investment purposes, in line with the fund’s risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. The class may only be acquired by institutional investors. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
MSCI EM Latin America
Investment style
None
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

23.69 %

1 Year rank in sector

-

Sector

FO Equity - Latin America

Yield
-
Fund size

£ 963.0 m

FE Risk score

185

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Brazil
    60.1%
  • Mexico
    25.5%
  • Peru
    4.3%
  • Luxembourg
    2.5%
  • Money Market
    2.5%
  • Financials
    35.5%
  • Consumer Staples
    20.4%
  • Consumer Discretionary
    14.4%
  • Materials
    10.2%
  • Industrials
    5.5%
  • Brazilian Equities
    60.1%
  • Mexican Equities
    25.5%
  • Peruvian Equity
    4.3%
  • Luxembourg Equities
    2.5%
  • Money Market
    2.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.92 %10.42 %23.69 %22.52 %14.42 %
Sector5.3 %15.35 %22.84 %-8.13 %-14.6 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund24.23 %45.79 %-24.69 %-5.9 %-13.77 %
Sector27.8 %26.05 %-31.7 %-12.49 %-13.99 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha10.61
Beta0.87
Sharpe0.02
Volatility23.52
Tracking error10.65
Information ratio1.08
R-Squared0.8

Price movement

52 week high1.436
52 week low1.072
Current bid price0
Current offer price0
Current mid price1.42

Holdings by region

  • 60.1% Brazil
  • 25.5% Mexico
  • 4.3% Peru
  • 2.5% Luxembourg
  • 2.5% Money Market
  • 1.9% Argentina
  • 1.5% Chile
  • 1.3% USA
  • 0.2% Colombia
  • 0.2% Panama

Holdings by sector

  • 35.5% Financials
  • 20.4% Consumer Staples
  • 14.4% Consumer Discretionary
  • 10.2% Materials
  • 5.5% Industrials
  • 3.9% Telecommunications Utilities
  • 3.1% Health Care
  • 2.5% Money Market
  • 1.5% Real Estate
  • 1.4% Utilities

Holdings by asset type

  • 60.1% Brazilian Equities
  • 25.5% Mexican Equities
  • 4.3% Peruvian Equity
  • 2.5% Luxembourg Equities
  • 2.5% Money Market
  • 2.3% American Emerging Equities
  • 1.5% Chilean Equities
  • 1.3% US Equities

Individual holdings

  • 9% ITOCHU CORP
  • 7.3% FOMENTO ECONOMICO MEXCANO SAB DE CV
  • 6.8% AMBEV SA
  • 5.7% B3 SA BRASIL BOLSA BALCAO
  • 4.6% LOJAS RENNER SA
  • 4.5% GRUPO FINANCIERO BANORTE SAB DE CV
  • 4.3% CREDICORP
  • 4.3% ITAUSA INVESTIMENTOS ITAU SA
  • 3.7% GRUPO MEXICO SAB DE CV SER B
  • 3% BANCO DO BRASIL