BlackRock Latin America Fund Institutional Shares (MALTX)

46.27
Net Asset Value
-1.22%
1 Day
-0.62%
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+0.26% 3 years-8.59%
3 months-5.38% 5 years-3.70%
1 year-3.18% Since inception+7.30%
Data through --

Peer Comparisonvs. Latin america stock

 MALTXCategory
Performance 5-yr return-3.70%-4.68%
Expense ratio1.27%1.77%
Risk 5 year sharpe ratio-0.10-0.10
Net assets$257.8M$266.7M
Average market cap$21.9B$13.8B
Average P/E16.615.5
Portfolio turnover42%42%

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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 stock91.30%
Other3.24%
Cash3.23%
Fixed income1.49%
U.S. stock0.74%
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 ADR10.18%
BBD Bank Bradesco ADR8.13%
ABEV Ambev SA ADR5.56%
-- BB Seguridade Participacoes SA5.24%
-- Kroton Educacional SA5.08%
CX Cemex SAB de CV ADR4.72%
BRFS BRF SA ADR4.48%
AMX America Movil SAB de CV ADR4.28%
BAP Credicorp Ltd4.08%
TV Grupo Televisa SAB ADR3.68%

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