BlackRock Latin America Fund Investor A Shares (MDLTX)

59.72
Net Asset Value
+0.18%
1 Day
+14.93%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
5.25
Sales Expenses
1.53%
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+1.81% 3 years+0.76%
3 months+7.99% 5 years+3.97%
1 year+20.20% Since inception+10.17%
Data through --

Peer Comparisonvs. Latin america stock

 MDLTXCategory
Performance 5-yr return+3.97%+6.75%
Expense ratio1.53%1.80%
Risk 5 year sharpe ratio0.280.31
Net assets$354.5M$319.8M
Average market cap$23.5B$17.6B
Average P/E15.116.9
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureWilliam Landers / 11 Years
Minimal initial investment$1,000.00
Minimum IRA investment$100.00

Holdings

International stock93.10%
Other2.16%
Cash2.04%
Fixed income1.54%
U.S. stock1.16%
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 ADR8.79%
BBD Bank Bradesco ADR5.24%
-- BB Seguridade Participacoes SA5.11%
ABEV Ambev SA ADR5.06%
PBR Petroleo Brasileiro SA Petrobras ADR4.84%
-- Kroton Educacional SA4.38%
VALEP Vale SA ADR4.30%
TV Grupo Televisa SAB ADR4.22%
CX Cemex SAB de CV ADR3.95%
BAP Credicorp Ltd3.63%

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