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MAGNA LATIN AMERICAN - Fund overview

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Overview of MAGNA LATIN AMERICAN

This is a focused portfolio of Latin American stocks with an emphasis on small and mid cap companies. The fund follows a fundamental approach to stock picking and thus incorporates valuation analysis as well as judgements about company management.

Standard Initial Charge

No data available.

Fund summary

Sector  Specialist
Product type  OFFSHORE FUND
Launched  December, 2004
Size  £89m
Yield 0.0%
Charging basis  –
Dividends paid  –
Bid price 2,292.40p

Fund Charges

Standard Initial charge
Initial charge via Bestinvest
Additional bid/offer spread 0.00%
Annual management charge
Total expense ratio
Reduction in yield (10yr) 0.00%

Bestinvest says


No information available.

Portfolio

magna latin american asset allocation illustration
Allocation Proportion
Equity 100%
High yield bonds
Quality bonds
Property
Commodities
Hedge
Fund cash 0%
magna latin american equity geographic illustration
Allocation Proportion
UK
Europe
Nth America
Japan
Pacific
Other Equity 100%
magna latin american equity capitalisation illustration
Allocation Proportion
Large Caps 80%
Mid Caps 15%
Small Caps 5%

Investment process


Primary research forms the basis of the stock picking approach and leads to a share price target being set for every company covered. Investment ideas come from the experience and contacts of the investment team. All stocks considered for investment undergo a liquidity screening. On the ground company visits are an important part of the research process and provide the main source of company information. Each portfolio manager takes "ownership" of an individual stock and are responsible for bespoke analysis. This includes valuation analysis, whereby the typical method for valuing a company includes P/E, Price/Book and Free Cash Flow analysis. However, there is no bias to any one valuation methodology.

The value of your investments and the income from them can go down as well as up, and you can get back less than you originally invested. Past performance or any yields quoted should not be considered reliable indicators of future returns. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

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