3 / 5 Stars
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 13 Latin America Stock Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -1.78 percent over the past year, 0.90 percent over the past three years, -7.43 percent over the past five years, and 17.20 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-9.3%|
|3 Years (Annualized)||0.9%|
|5 Years (Annualized)||-7.4%|
|10 Years (Annualized)||17.2%|
The investment seeks long-term growth of capital. The fund normally invests at least 80% of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. It normally invests primarily in common stocks and allocates investment across different Latin American countries. The fund invests up to 35% of total assets in any industry that accounts for more than 20% of the Latin American market. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.
Fees are High compared to funds in the same category.
Fidelity Latin America Fund has an expense ratio of 1.61 percent.
Risk is Low compared to funds in the same category according to Morningstar.