F & C Latin American Equity Accumulation
At a glance
| Initial charge | 5.00% |
|---|---|
| Initial saving | 4.75% |
| Annual charge | 1.50% |
| Annual saving | 0.250% ² |
| Total Expense Ratio | 2.28% |
| Launch date | 04-05-2002 |
| Launch price | £0.50 |
| Sector | Specialist |
| Fund size | £14 million |
| Number of holdings | 41 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
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About the Fund Manager
Urban Larsson
Located in: Boston
Urban Larson is a Director of Emerging Equities at F&C. He is a member of the global emerging markets strategy team and has specific responsibility for F&C's investments in Latin America. He is also responsible for the F&C Latin American OEIC. He has over 12 years investment experience. Prior to joining F&C he spent 6 years with Baring Asset Management, latterly managing their top performing latin fund. Prior to this he was based in Mexico as a senior analyst with Santander and Salomon Brothers. He has a MBA in Finance from HEC, France and a BA in Romance Languages and Literature from the University of Chicago. He is fluent in Spanish, Portuguese and French.
Income details
| Running yield | N/a |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 31 December 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
Top 10 holdings
| America Movil S.A.B. de C.V. ADS | 9.14% |
|---|---|
| Companhia Vale do Rio Doce ADS Cl A Pfd. | 7.47% |
| Itausa-Investimentos Itau S/A Pref | 5.17% |
| Unibanco-Uniao de Bancos Brasileiros S/A GDS | 4.29% |
| Petroleo Brasileiro S/A ADS A | 3.81% |
| Petroleo Brasileiro S/A Pref | 3.49% |
| Tenaris S.A. ADS | 3.36% |
| Empresa Nacional de Electricidad S.A. ADS | 3.02% |
| Companhia Energetica de Minas Gerais-Cemig ADS | 2.94% |
| Petroleo Brasileiro S/A ADS | 2.90% |
Top 10 sectors
| Industrial Metals & Mining | 15.10% |
|---|---|
| Bonds | 11.12% |
| Mobile Telecommunications | 10.82% |
| Electricity | 8.98% |
| Banks | 8.92% |
| General Retailers | 7.19% |
| Oil & Gas Producers | 6.71% |
| Real Estate Investment & Services | 4.98% |
| Household Goods & Home Construction | 4.72% |
| Cash and Equiv. | 4.45% |
Top 10 countries
| Brazil | 62.90% |
|---|---|
| Mexico | 20.31% |
| Cash and Equiv. | 4.45% |
| Colombia | 3.37% |
| Luxembourg | 3.36% |
| Chile | 3.02% |
| Peru | 2.60% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
