Baring Latin America Fund (EUR) Income Units

Sell : 1,846.42p | Buy : 1,939.14p | down 32.14p
Last valuation as at 07-01-2009

At a glance

Initial charge 5.00%
Initial saving 5.00%
Annual charge 1.25%
Annual saving 0.000% ²
Total Expense Ratio 1.79%
Launch date 05-04-1993
Launch price $10.50
Sector Offshore
Fund size $668 million
Number of holdings 36
Fund type OEIC
Type of units Income

HL Research - Our view on this Fund

Hargreaves Lansdown research covers the funds we currently highlight and the most popular funds chosen by our clients over the years. This fund does not fall into either of these categories at present.

Full research

About the Fund Manager

Photo of Nudgem Richyal

Nudgem Richyal
Located in: London


Nudgem is a member of both the Global Equity Group and the Strategic Policy Group's Country- Sectors Sub-Group. Nudgem is the manager of the Latin America Fund and is the back-up manager for the Global Resources Fund. He is also responsible for portfolios benchmarked to EAFE and global indices. He joined Baring Asset Management in 2000 from Hill Samuel Asset Management, where he worked as a research analyst for the Global Strategy Team. Nudgem has a B.Sc. in Chemistry (First Class Hons.) from Manchester University. He was awarded the CFA designation in 2003 and earned his diploma from the UK Society of Technical Analysts in 2004.

 

Income details

Running yield 0.39% (net)
Income paid Annually
Type of payment Dividend

All yields are variable and not guaranteed. The information is correct as at 31-08-2007.

Distribution dates

Ex-dividend date 01 May 2009
Payment date ³ 30 June 2009

Top 10 holdings

Banco Itau Holding Financeira S.A. ADS 9.41%
Petroleo Brasileiro S/A ADS A 7.88%
Grupo Televisa S.A. de C.V. ADS 5.49%
Companhia Vale do Rio Doce ADS 4.91%
Wal-Mart de Mexico S.A. de C.V. Series V 4.69%
Unibanco-Uniao de Bancos Brasileiros S/A GDS 4.34%
Petroleo Brasileiro S/A ADS 3.60%
Grupo Financiero Banorte S.A. de C.V. O 3.17%
Banco Bradesco S/A Pref, 2.93%
Banco do Brasil S/A Ord 2.87%

Top 10 sectors

Banks 22.65%
Industrial Metals & Mining 15.74%
Oil & Gas Producers 12.51%
Bonds 8.18%
General Retailers 6.27%
Media 5.49%
Food Producers 4.38%
Financial Services 3.61%
Real Estate Investment & Services 2.85%
Mobile Telecommunications 2.62%

Top 10 countries

Brazil 68.06%
Mexico 18.43%
United States 2.86%
Luxembourg 2.77%
United Kingdom 2.16%
Peru 2.06%
Cash and Equiv. 1.86%
Canada 1.04%
Non-Classified 0.77%

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 07-01-2009. Data accurate as at 30/09/2008.

Data provided by
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