Strategic Latin America A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
-19.3%
3 Yr Avg Return
-13.0%
5 Yr Avg Return
-6.3%
Net Assets
$9.92 M
Holdings in Top 10
51.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.37%
SALES FEES
Front Load 5.00%
Deferred Load N/A
TRADING FEES
Turnover 437.65%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SLATX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return -14.5%
- 5 Yr Annualized Total Return -7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.16%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameStrategic Latin America Fund
-
Fund Family NameStrategic
-
Inception DateMay 03, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMauricio Alvarez
Fund Description
SLATX - Performance
Return Ranking - Trailing
Period | SLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 15.5% | 30.9% | N/A |
1 Yr | -19.3% | 18.5% | 42.0% | N/A |
3 Yr | -13.0%* | 9.1% | 14.1% | N/A |
5 Yr | -6.3%* | -3.9% | 1.2% | N/A |
10 Yr | N/A* | -3.6% | 1.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | SLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -12.5% | -2.6% | N/A |
2022 | N/A | 26.6% | 28.6% | N/A |
2021 | N/A | 16.7% | 29.9% | N/A |
2020 | N/A | -32.7% | -30.9% | N/A |
2019 | N/A | -26.9% | -11.4% | N/A |
Total Return Ranking - Trailing
Period | SLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 15.5% | 30.9% | N/A |
1 Yr | -23.3% | 18.5% | 42.0% | N/A |
3 Yr | -14.5%* | 9.1% | 14.1% | N/A |
5 Yr | -7.2%* | -3.9% | 1.2% | N/A |
10 Yr | N/A* | -2.7% | 3.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | SLATX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -11.4% | -2.6% | N/A |
2022 | N/A | 26.6% | 30.6% | N/A |
2021 | N/A | 18.4% | 29.9% | N/A |
2020 | N/A | -32.7% | -29.8% | N/A |
2019 | N/A | -26.9% | -9.2% | N/A |
SLATX - Holdings
Concentration Analysis
SLATX | Category Low | Category High | SLATX % Rank | |
---|---|---|---|---|
Net Assets | 9.92 M | 163 M | 605 M | N/A |
Number of Holdings | 35 | 34 | 64 | N/A |
Net Assets in Top 10 | 5.29 M | 81.3 M | 320 M | N/A |
Weighting of Top 10 | 51.51% | 51.9% | 53.5% | N/A |
Top 10 Holdings
- Cemex SAB de CV ADR 13.26%
- Banco Santander SA ADR 7.66%
- iShares MSCI Mexico Capped 4.91%
- MetLife Inc 4.42%
- Citigroup Inc 4.08%
- Tam Cap Inc 3.71%
- LATAM Airlines Group SA ADR 3.69%
- Financiera Ind Sab De Cv 7.5% 3.61%
- Buenaventura Mining Co Inc ADR 3.14%
- Ford Motor Co 3.02%
Asset Allocation
Weighting | Return Low | Return High | SLATX % Rank | |
---|---|---|---|---|
Stocks | 59.16% | 93.35% | 99.87% | N/A |
Bonds | 23.03% | 0.00% | 0.09% | N/A |
Cash | 17.65% | 0.13% | 4.61% | N/A |
Other | 0.16% | 0.00% | 0.00% | N/A |
Preferred Stocks | 0.00% | 0.00% | 0.00% | N/A |
Convertible Bonds | 0.00% | 0.00% | 2.04% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | SLATX % Rank | |
---|---|---|---|---|
Financial Services | 24.24% | 29.99% | 44.63% | N/A |
Basic Materials | 17.26% | 3.16% | 13.46% | N/A |
Industrials | 7.50% | 3.10% | 11.76% | N/A |
Consumer Cyclical | 5.47% | 6.89% | 26.39% | N/A |
Communication Services | 2.69% | 0.00% | 4.32% | N/A |
Consumer Defense | 1.44% | 8.01% | 21.99% | N/A |
Utilities | 0.30% | 0.00% | 8.36% | N/A |
Real Estate | 0.17% | 0.00% | 4.90% | N/A |
Healthcare | 0.02% | 0.11% | 12.86% | N/A |
Technology | 0.00% | 1.31% | 1.79% | N/A |
Energy | 0.00% | 1.97% | 10.58% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | SLATX % Rank | |
---|---|---|---|---|
Non US | 38.76% | 90.03% | 98.25% | N/A |
US | 20.40% | 0.00% | 3.32% | N/A |
SLATX - Expenses
Operational Fees
SLATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.37% | 1.01% | 2.65% | N/A |
Management Fee | 1.10% | 0.69% | 1.17% | N/A |
12b-1 Fee | 0.25% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.10% | 0.25% | N/A |
Sales Fees
SLATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.00% | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
SLATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
SLATX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 437.65% | 25.70% | 203.00% | N/A |
SLATX - Distributions
Dividend Yield Analysis
SLATX | Category Low | Category High | SLATX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.02% | N/A |
Dividend Distribution Analysis
SLATX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
SLATX | Category Low | Category High | SLATX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.16% | -0.87% | 2.45% | N/A |
Capital Gain Distribution Analysis
SLATX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 29, 2015 | $0.046 | |
Jun 26, 2015 | $0.014 | |
Dec 29, 2014 | $0.016 |
SLATX - Fund Manager Analysis
Managers
Mauricio Alvarez
Start Date
Tenure
Tenure Rank
Apr 28, 2014
1.76
1.8%
Mauricio Alvarez has served as the Chief Compliance Officer (“CCOâ€) of Strategic Asset Management Ltd. since October 2010, and he has been involved in implementing the strategies and decisions of the Strategic Latin America Fund. From 2009 to 2010, Mr. Alvarez was the Chief Executive Officer and CCO of Mercantil Santa Cruz Agencia de Bolsa, an asset manager and broker dealer subsidiary of Banco Mercantil Santa Cruz S.A., a Bolivian bank. From 2005 to 2009. Mr. Alvarez served as an Assistant Vice President and Branch Manager for Mid America Bank (which was acquired by National City Corporation, which was later acquired by PNC Bank), where he focused on training, business development, customer service and management. From 2002 to 2004, Mr. Alvarez worked for Nacional de Valores, the investment firm of Banco Nacional de Bolivia, where he was in charge of the strategies, decisions and trades for its investment advisor and broker dealer. Mr. Alvarez began his career in 1999 as an investment officer and working for the broker dealer for Credibolsa Investments, a subsidiary in Bolivia of Credicorp Group of Peru. Mr. Alvarez has a degree in economics from the Bolivian Catholic University and a Specialization in market analysis and portfolio management from the Instituto de Estudios Bursatiles in Madrid, Spain.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.52 | 6.49 | 4.4 | 6.49 |