Strategic Latin America Fund Class A (SLATX)

8.17
Net Asset Value
+0.25%
1 Day
-0.61%
Year-to-Date
Overall Morningstar Rating
Tactical allocation
Style or Category
5
Sales Expenses
2.09%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks income and long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets in Latin American securities (i.e., equity and debt securities of Latin American companies, sovereign debt of Latin American countries, and investment companies that primarily invest in the securities of issuers in, or seek to track the performance of indices based on, Latin American markets). It defines Latin American countries as countries in Central America (including Mexico) and South America, excluding the Caribbean islands.

Performance

1 month-4.67% 3 years+1.80%
3 months-5.55% 5 years--
1 year-0.17% Since inception+0.88%
Data through --

Peer Comparisonvs. Tactical allocation

 SLATXCategory
Performance 5-yr return--+7.39%
Expense ratio2.09%1.66%
Risk 5 year sharpe ratio--0.82
Net assets$27.3M$1.0B
Average market cap$13.5B$23.9B
Average P/E19.618.3
Portfolio turnover176%176%

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Fund Management and Purchase Info

Fund familyStrategic
Fund manager & tenureMauricio Alvarez / 0 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

Cash40.13%
International stock28.66%
Fixed income25.30%
U.S. stock3.61%
Other2.30%
Top 5 Sectors
Portfolio weighting
Industrial materials 29.62%
Financial service 28.43%
Energy 16.59%
Consumer goods 7.71%
Telecommunication 6.74%
Top 10 Holdings
Portfolio weighting
-- Mexico(Utd Mex St) 8%5.79%
BVN Buenaventura Mining Co Inc ADR3.70%
-- Intercorp Retail Tr 8.875%3.67%
ICA Empresas ICA SAB de CV ADR3.61%
-- Banco Credito 4.75% 03/16/20162.68%
-- Tam Cap 7.375%2.59%
-- Controladora Mabe 6.5%2.52%
ITUB Itau Unibanco Holding SA ADR2.46%
ITUB Itau Unibanco Holding SA ADR2.46%
-- United Mexican States 7.25%2.30%

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