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NN (L) Latin America Equity P Cap USD

Ranked 49 out of 100 in - Latin America over 12 months
All calculations are in USD unless stated

Managed by

Ashish Goyal

Ashish Goyal joined ING Investment Management in 2014 having been a portfolio manager at Eastspring Investments (Singapore) Limited. Goyal has over 20 years of investment experience, starting out at Eastspring and working in offices in Singapore, Hong Kong and Mumbai. Goyal is a member of the FTSE Asia Pacific committee, an independent committee of leading market professionals overseeing the FTSE Asia Pacific Index, and of the CFA Society Singapore – Asset Management Committee. He holds a bachelor’s degree in mechanical engineering from the College of Engineering, Pune, India and a post graduate diploma in management (MBA) from the Indian Institute of Management, Ahmedabad.

Ivo Luiten

Renat Nadyukov

Renat Nadyukov has worked at NN Investment Partners (previously called ING Investment Management) since 2007. He started as a performance analyst before moving on to investment analysis, and since 2013 he has been a portfolio manager of Voya Russia Fund;A. In May 2015 he became a co-manager of the NN Emerging Europe Fund and NN (L) Emerging Europe Equity funds. Prior to joining the company he was a manager at Meridian Group. Nadyukov studied business administration and is based in The Hague.

Objective

The Sub-Fund essentially invests (minimum 2/3) in a diversified portfolio of equities and/or other transferable securities (warrants on transferable securities - up to a maximum of 10% of the Sub-Fund's net assets - and convertible bonds) issued by companies established, listed or traded in Latin America (including the Caribbean). Measured over a period of several years this Sub-Fund aims to beat the performance of the Benchmark MSCI EM Latin America 10/40 (Net).

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Latin America over : 31/10/2017 - 31/10/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 5.5% -19.1% 2.8%
2017 18.1% 9.6% -1.4% 14.5% -4.6%
2016 26.6% 16.3% 6.1% 4.0% -1.3%
2015 -31.3% -8.5% 1.5% -23.6% -3.2%
2014 -12.3% 0.2% 6.0% -5.1% -13.0%
2013 -17.2% -1.4% -16.4% 3.1% -2.7%
2012 7.0% 13.5% -14.6% 6.1% 4.1%
2011 -27.6% -1.1% -4.2% -27.4% 5.2%
2010 18.0% 3.1% -11.3% 19.7% 7.8%
2009 101.2% 1.5% 36.2% 27.2% 14.4%
2008 -53.7% -2.3% 7.0% -34.0% -32.9%
2007 43.7% 6.5% 19.2% 8.9% 4.0%
2006 46.5% 16.7% -4.7% 7.1% 23.0%
2005 55.1% 2.1% 11.8% 29.6% 4.8%
2004 37.6% 5.5% -7.9% 16.1% 21.9%
2003 69.2% -0.3% 23.6% 12.6% 21.9%
2002 -26.0% 8.5% -22.8% -25.4% 18.5%
2001 -5.9% -8.3% 8.2% -27.5% 30.6%
2000 -11.7% 7.6% -8.0% -2.2% -8.8%
1999 77.3% 11.6% 17.7% -5.7% 43.2%
1998 -41.0% 1.0% -20.6% -26.8% 0.6%
1997 24.4% 16.3% 15.6% 2.2% -9.5%
1996 27.9% 10.6% 13.3% -0.2% 2.3%
1995 -20.8% -31.9% 16.9% 5.4% -5.6%
1994 -24.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/05/2018

Top 10 Holdings

Stock Size
Banco Bradesco SA PFD 8.28%
Vale SA ORD 7.63%
PLN/USD Forward Contract 6.00%
Petroleo Brasileiro SA Petrobras PFD 5.93%
Grupo Financiero Banorte SAB de CV ORD 5.87%
Itau Unibanco Holding SA PFD 5.83%
Gruma SAB de CV ORD 4.77%
Fomento Economico Mexicano SAB de CV DR 4.63%
Engie Brasil Energia SA ORD 4.52%
Alpek SAB de CV ORD 4.51%
31/05/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Czech Republic
  5. Denmark
  6. Finland
  7. France
  8. Germany
  9. Hungary
  10. Luxembourg
  11. Norway
  12. Singapore
  13. Slovakia
  14. Spain
  15. Sweden
  16. Switzerland
  17. Taiwan
  18. United Kingdom

Fund Info

  • Launch date05/07/1994
  • Share Class size39Mn
  • Base currencyUSD
  • ISIN LU0051128774

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management1.50%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).