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Nordea 1 - Latin American Equity BP EUR

Ranked 3 out of 34 in - Latin America over 12 months
All calculations are in CHF unless stated

Managed by

Scott Piper

Scott Piper works at Itaú Asset Management as the head of Latin American equity investments. Prior to joining Itaú in 2011 he worked for eight years at Morgan Stanley Investment Management as a member of the emerging markets group and co-portfolio manager of Latin American assets. Before joining Morgan Stanley, Scott worked as a portfolio manager at Deltec Asset Management where he managed Latin American and emerging market portfolios. He holds BA in international relations from Tulane University and a MBA from IESE Business School in Barcelona.

Objective

The fund's objective is to provide with long-term capital appreciation while using the principle of risk-spreading and future potential growth. In the long run the fund aims to offer from its well diversified portfolio a return that is higher than the return of its reference index. The fund shall invest a minimum of three-fourths of its assets in equities and Equity Related Securities issued by companies which are domiciled or exercise the predominant part of their economic activity in Latin America.

Showing fund performance in Switzerland View performance globally

Performance

Latin America over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 7.2% -13.2%
2017 21.0% 10.8% -7.1% 17.3% 0.2%
2016 27.9% 11.3% 3.8% 7.3% 3.2%
2015 -31.3% -13.8% -2.4% -20.0% 2.2%
2014 -4.1% -2.3% 9.4% 0.8% -11.0%
2013 -10.6% 7.4% -16.3% 2.0% -2.5%
2012 16.4% 12.5% -8.3% 7.1% 5.3%
2011 -23.1% -4.6% -8.8% -19.5% 9.9%
2010 5.3% 3.6% -8.7% 7.8% 3.1%
2009 92.0% 10.0% 31.3% 17.9% 12.8%
2008 -53.4% -13.6% 14.1% -29.1% -33.4%
2007 -0.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2018

Top 10 Holdings

Stock Size
Itau Unibanco Holding SA DR 5.97%
Fomento Economico Mexicano SAB de CV DR 5.73%
America Movil SAB de CV DR 4.19%
Vale SA DR 3.90%
B3 SA Brasil Bolsa Balcao ORD 3.46%
Banco Bradesco SA DR 3.30%
Petroleo Brasileiro SA Petrobras DR 3.28%
Grupo Financiero Banorte SAB de CV ORD 3.04%
Credicorp Ltd ORD 2.90%
Mexichem SAB de CV ORD 2.44%
30/06/2018

Registered For Sale In

  1. Austria
  2. Estonia
  3. Finland
  4. France
  5. Germany
  6. Italy
  7. Latvia
  8. Lithuania
  9. Luxembourg
  10. Netherlands
  11. Poland
  12. Singapore
  13. Spain
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date01/08/2007
  • Share Class size24Mn
  • Base currencyEUR
  • ISIN LU0309468808

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.60%
  • Initial investment1.60%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).