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Aberdeen Latin America Equity Fund, Inc. (NYSE MKT: LAQ)
- (EDT)
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At close May 16, 2013
| NAV | $40.88 |
| Price | $36.94 |
| Premium/(Discount) | -9.64% |
The NAV information is provided by the Fund's accounting agent. The price is as reported by the exchange on which the Fund trades. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.
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Aberdeen Latin America Equity Fund, Inc. (NYSE MKT: LAQ)
Investment Objective
The Fund seeks long-term capital appreciation by investing primarily in Latin American equity securities.
For more detailed information on the specific risks associated with this fund, please view the Important Risk Considerations tab.
Investment Policies
It is the policy of the Fund to invest its assets in Latin American equity securities. For these purposes, “Latin American equity securities” are equity securities of companies organized in a country in Latin America or for which the principal trading market is in Latin America.
The information contained above provides only a brief summary description of the Fund's investment objective and investment policies.
South America Outlook: Recovering trend potential on strengthening commodities demand
Growth deceleration for South America in 2012 is now seen preventing economic overheating and domestic imbalances, providing investors with an opportunity to buy into South American stocks at cheaper levels.
Read more
Aberdeen Latin America Equity Fund Inc. Fund Manager Interview
Fiona Manning, from Aberdeen’s Global Emerging Market Equities team, discusses investing in Latin America, the recent performance of Latin American markets, how Aberdeen’s investment process allows her team to uncover potential opportunities, and Aberdeen’s future outlook for the region.
Download interviewInvesting in Latin America
Important InformationFund Managers’ Monthly Report
March 2013
- Latin American equities fell in February, underperforming the broader emerging markets asset class, on concerns over U.S. budget cuts and Italy’s election that ended in a deadlock. Soft commodity prices also hurt sentiment.
- Economic activity accelerated in Mexico in the fourth quarter, whereas Brazil grew at its slowest pace in three years.
- Chile’s annual jobless rate fell to a six-year low, while Brazilian unemployment worsened unexpectedly in January.
- Mexico’s ruling party voted to allow private investment in the oil industry, a move that may end the monopoly of state-owned oil company Pemex, if passed in congress. Read more
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