BlackRock Latin America Fund Institutional Shares (MALTX)

44.89
Net Asset Value
+1.52%
1 Day
-14.76%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
1.27%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its total assets in Latin American securities. It emphasizes equity securities of companies of any market capitalization located in Latin America. The fund will not seek to invest in a large number of countries in Latin America. It can invest in securities denominated in the currencies of Latin American countries or in other currencies. The fund is non-diversified.

Performance

1 month-8.62% 3 years-5.87%
3 months-22.34% 5 years-4.90%
1 year-11.01% Since inception+7.86%
Data through --

Peer Comparisonvs. Latin america stock

 MALTXCategory
Performance 5-yr return-4.90%+0.34%
Expense ratio1.27%1.77%
Risk 5 year sharpe ratio-0.010.00
Net assets$303.3M$298.3M
Average market cap$22.3B$15.0B
Average P/E16.316.5
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureWilliam Landers / 12 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment$2,000,000.00

Holdings

International stock91.00%
Cash4.19%
Other2.68%
Fixed income1.46%
U.S. stock0.67%
Top 5 Sectors
Portfolio weighting
Financial service 26.58%
Industrial materials 23.32%
Energy 16.91%
Consumer goods 10.41%
Telecommunication 9.46%
Top 10 Holdings
Portfolio weighting
ITUB Itau Unibanco Holding SA ADR9.19%
BBD Bank Bradesco ADR6.53%
ABEV Ambev SA ADR5.37%
-- BB Seguridade Participacoes SA5.14%
-- Kroton Educacional SA4.99%
CX Cemex SAB de CV ADR4.40%
BRFS BRF SA ADR4.26%
AMX America Movil SAB de CV ADR3.80%
-- Credicorp Ltd3.76%
TV Grupo Televisa SAB ADR3.38%

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