BlackRock Latin American Investment Trust plc (LON:BRLA) has two managers, Sam Vecht (lead) and Christoph Brinkmann (deputy). They highlight that Latin America has been overlooked by investors and the trust is now the only fund in the AIC Latin America sector. The managers are finding interesting opportunities in the region in their search for companies offering a niche product or service, which have long-term growth potential and are reasonably priced. BRLA offers a broad exposure to Latin America, with around 60% of the fund invested in Brazil, the largest country in the region. The Brazilian central bank was proactive in raising interest rates to combat higher inflation, real interest rates remain relatively high and the economy should benefit now that interest rates are coming down.
Why consider BRLA?
Latin America has distanced itself from global geopolitical tensions; hence, there is high demand for its exports from both eastern and western nations. The region is used to dealing with inflation and so has been more proactive in raising interest rates compared with developed economies. However, Latin America has been overlooked by investors, despite its above-average growth prospects and has outperformed the broader emerging markets over the last two years by a considerable margin. As a result, the region looks very attractively valued on both an absolute and relative basis.
To learn more about the BlackRock Latin American Investment Trust plc please follow this link: blackrock.com/uk/brla
To learn more about the BlackRock Latin American Investment Trust plc please follow this link: blackrock.com/uk/brla
