Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

ALREX Aberdeen Latin American Equity R

  • Fund
  • ALREX
  • Price as of: N/A
  • N/A N/A N/A
  • Category
  • Latin America Equities
  • Fund Company
  • N/A

ALREX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return -5.7%
  • 5 Yr Annualized Return N/A
  • Net Assets $3.73 M
  • Holdings in Top 10 48.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 5.44%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 11.97%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of Aug 01, 2016

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Latin America Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Latin America Stock

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -5.7%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Aberdeen Latin American Equity Fund
  • Fund Family Name N/A
  • Inception Date Mar 25, 2013
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Devan Kaloo

Fund Description

The fund will invest at least 80% of the value of its net assets in equity securities of Latin American companies. The advisor intends to diversify its investments across a number of different countries. However, at times it may invest a significant part of its assets in a single country. It may invest without limit, and the advisor expects to invest a significant portion of its assets, in emerging market countries. In addition, the fund may invest in securities of any market capitalization, including small and mid-cap securities. It is non-diversified.

ALREX - Performance

Return Ranking - Trailing

Period ALREX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 5.4% 17.3% N/A
1 Yr 15.7% 11.1% 24.3% N/A
3 Yr -5.7%* 9.1% 13.2% N/A
5 Yr N/A* -5.5% -1.1% N/A
10 Yr N/A* -4.1% 1.0% N/A

* Annualized


Return Ranking - Calendar

Period ALREX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -12.5% -2.6% N/A
2017 N/A 26.6% 28.6% N/A
2016 N/A 16.7% 29.9% N/A
2015 N/A -32.7% -30.9% N/A
2014 N/A -26.9% -11.4% N/A

Total Return Ranking - Trailing

Period ALREX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 5.4% 17.4% N/A
1 Yr 15.7% 11.1% 24.3% N/A
3 Yr -5.7%* 9.1% 13.2% N/A
5 Yr N/A* -5.4% -1.0% N/A
10 Yr N/A* -3.5% 2.3% N/A

* Annualized


Total Return Ranking - Calendar

Period ALREX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -11.4% -2.6% N/A
2017 N/A 26.6% 30.6% N/A
2016 N/A 18.4% 29.9% N/A
2015 N/A -32.7% -29.8% N/A
2014 N/A -26.9% -9.2% N/A

NAV & Total Return History

ALREX - Holdings

Concentration Analysis

ALREX Category Low Category High ALREX % Rank
Net Assets 3.73 M 159 M 588 M N/A
Number of Holdings 41 35 62 N/A
Net Assets in Top 10 1.73 M 84.2 M 320 M N/A
Weighting of Top 10 48.75% 53.0% 53.5% N/A

Top 10 Holdings

  1. Bank Bradesco SA Pref Shs 8.38%

  2. Itau Unibanco Holding SA 6.81%

  3. Lojas Renner SA 5.25%

  4. Multiplan Empreendimentos Imobiliarios SA 4.78%

  5. Fomento Economico Mexicano SAB de CV ADR 4.44%

  6. Grupo Financiero Banorte SAB de CV Class O 4.38%

  7. Ultrapar Participacoes SA 4.26%

  8. Ambev SA 4.25%

  9. BRF SA 3.14%

  10. Wal - Mart de Mexico SAB de CV Class V 3.05%


Asset Allocation

Weighting Return Low Return High ALREX % Rank
Stocks
97.02% 93.35% 99.87% N/A
Cash
2.72% 0.13% 4.61% N/A
Preferred Stocks
0.26% 0.00% 0.00% N/A
Other
0.00% 0.00% 0.03% N/A
Convertible Bonds
0.00% 0.00% 2.04% N/A
Bonds
0.00% 0.00% 0.09% N/A

Stock Sector Breakdown

Weighting Return Low Return High ALREX % Rank
Financial Services
27.34% 25.32% 45.34% N/A
Consumer Defense
22.92% 7.66% 22.08% N/A
Consumer Cyclical
14.91% 6.42% 31.98% N/A
Industrials
10.33% 2.88% 10.99% N/A
Real Estate
7.94% 0.00% 4.90% N/A
Basic Materials
6.19% 0.45% 13.76% N/A
Energy
4.26% 1.94% 10.79% N/A
Healthcare
1.92% 0.11% 11.47% N/A
Technology
1.21% 1.31% 2.37% N/A
Utilities
0.00% 0.00% 9.57% N/A
Communication Services
0.00% 0.00% 5.45% N/A

Stock Geographic Breakdown

Weighting Return Low Return High ALREX % Rank
Non US
94.58% 90.03% 97.22% N/A
US
2.44% 0.00% 3.60% N/A

ALREX - Expenses

Operational Fees

ALREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 5.44% 1.01% 2.65% N/A
Management Fee 1.10% 0.69% 1.17% N/A
12b-1 Fee 0.50% 0.00% 1.00% N/A
Administrative Fee 0.08% 0.10% 0.25% N/A

Sales Fees

ALREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

ALREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.50% 2.00% N/A

Turnover 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.

ALREX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.97% 25.70% 203.00% N/A

ALREX - Distributions

Dividend Yield Analysis

ALREX Category Low Category High ALREX % Rank
Dividend Yield 0.00% 0.00% 0.02% N/A

Dividend Distribution Analysis

ALREX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

ALREX Category Low Category High ALREX % Rank
Net Income Ratio 1.04% -0.87% 2.45% N/A

Capital Gain Distribution Analysis

ALREX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

ALREX - Managers

Devan Kaloo

Manager

Start Date

Tenure

Tenure Rank

Mar 25, 2013

3.35

3.4%

Devan Kaloo is Head of Global Emerging Markets Equities for Aberdeen, taking up that position in 2005. He is also Global Head of Equities for the group. Devan joined Aberdeen in 2000 as part of the Asian equities team in Singapore, before later transferring to London. He started in fund management with Martin Currie in 1994 covering Latin America, before subsequently working with the North American equities, global asset allocation and eventually the Asian equities teams.


Mark Gordon-James

Manager

Start Date

Tenure

Tenure Rank

Mar 25, 2013

3.35

3.4%

Mark Gordon-James is a Senior Investment Manager on the Global Emerging Markets Equity Team. Mark joined Aberdeen in 2004 from Merrill Lynch Investment Managers where he worked with the emerging markets team. Mark graduated with a BSc in Geography and Economics from the London School of Economics. Mark is a CFA Charterholder.


Fiona Manning

Manager

Start Date

Tenure

Tenure Rank

Mar 25, 2013

3.35

3.4%

Fiona Manning is a Senior Investment Manager on the Global Emerging Markets Equity Team. Fiona joined Aberdeen in 2005 via the acquisition of Deutsche Asset Management's London and Philadelphia fixed income businesses. Fiona graduated with a BA (Hons) in History with French from Durham University. Fiona is a CFA Charterholder.


Nick Robinson

Manager

Start Date

Tenure

Tenure Rank

Mar 25, 2013

3.35

3.4%

Nick Robinson is Senior Investment Manager on the Global Emerging Markets Equity Team. Nick joined Aberdeen in 2000 and spent eight years on the North American Equities Team, including three years based in Aberdeen's US offices. In 2008 he joined the Global Emerging Markets Equity team. Nick relocated to São Paulo in 2009 to start Aberdeen’s operations in Brazil. In 2016 he returned to London. Nick graduated with an MA in Chemistry from Lincoln College, Oxford and is a CFA charterholder.


Stephen Parr

Manager

Start Date

Tenure

Tenure Rank

Mar 25, 2013

3.35

3.4%

Stephen Parr is an investment manager on the Global Emerging Markets desk. Stephen joined Aberdeen in July 2009 following the acquisition of certain asset management businesses from Credit Suisse Asset Management. Previously, Stephen worked for Energis Communications as Head of Strategy. Prior to that, Stephen worked for Ernst & Young Management Consultants as a Managing Consultant and prior to that for Energis Communications, Northern Telecom, and CASE Communications in strategic planning and marketing management. Stephen graduated with a BA (Hons) in Geography from the University of Manchester, a PhD in Geography from the University of Keele and an MBA from Warwick Business School and is a CFA Charterholder.


Tenure Analysis

Category Low

0.43

Category High

6.41

Category Average

4.31

Category Mode

6.41