BlackRock Latin America Investors
While many investors seek growth across the Pacific, Latin America is another potential source of bountiful returns. Pro-capitalist policies continue to be favored, and there’s also the benefits from rich natural resources.
A way to play the region is with the BlackRock Latin America Investors (MUTF:MDLTX) fund. Granted, MDLTX has suffered single-digit losses in the past year, but in the long term, its 22% returns crush the previously mentioned funds.
MDLTX’s portfolio manager, Will Landers, has been investing in Latin America since 1991, though he tends to focus mostly on Brazil, Mexico and Chile. Some of his top holdings include Vale (NYSE:VALE), Petroleo Brasileiro and Grupo Televisa (NYSE:TV).
However, MDLTX is on the pricier side with a 1.55% expense ratio and a 5.25% load charge.
Tom Taulli runs the InvestorPlace blog IPOPlaybook, a site dedicated to the hottest news and rumors about initial public offerings. He also is the author of “All About Short Selling” and “All About Commodities.” Follow him on Twitter at @ttaulli. As of this writing, he did not own a position in any of the aforementioned securities.