← All funds
Latin America
Liontrust Latin America Fund
Managed by Liontrust Investment Partners LLPPart of Liontrust Investment Funds I
Latest factsheet
Jul 2026
Fund size
£22.4m
Yearly charge
0.89%
Manager fee
0.75%
Income yield
4.40%
Holdings
43
Launched
3 Dec 2007
The Fund is managed by Thomas Smith and Ewan Thompson. It aims to generate capital growth over the long term (5 years or more). The Fund invests at least 80% in shares of Latin American companies. These are companies in countries which, at the time of purchase, appear anywhere in the MSCI EM Latin America index.
Thomas Smith (Fund Manager) · Ewan Thompson (Fund Manager)
Cumulative performance
| Period | Fund | Sector average | Benchmark | vs sector |
|---|---|---|---|---|
| 1M | -3.40% | -1.40% | -1.00% | Bottom 25% |
| 3M | -4.90% | -0.90% | +2.50% | Bottom 25% |
| 6M | +10.00% | +13.10% | +15.80% | Bottom 25% |
| YTD | +0.80% | +2.30% | +3.50% | Bottom 25% |
| 1Y | +29.50% | +34.30% | +42.20% | Bottom 25% |
| 3Y | +27.80% | +25.40% | +34.50% | Upper half |
| 5Y | +30.30% | +46.70% | +73.60% | Bottom 25% |
| Since launch | +87.30% | +102.40% | +118.50% | Bottom 25% |
Calendar-year performance
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| +51.50% | +18.60% | +3.80% | +23.20% | -18.10% | -16.10% | +15.20% | +17.80% | -19.90% | +35.10% |
Top holdings
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Petroleo Brasileiro S.A. | 7.00% | |
| 2 | Vale S.A. | 6.00% | |
| 3 | Itau Unibanco Holding S.A. | 5.50% | |
| 4 | Nu Holdings Ltd. | 5.10% | |
| 5 | Grupo Mexico S.A.B. DE C.V. | 5.00% | |
| 6 | Grupo Financiero Banorte, S.A.B. de C.V. | 3.90% | |
| 7 | Credicorp Ltd. | 3.80% | |
| 8 | Fomento Economico Mexicano, S.A.B. de C.V. | 3.60% | |
| 9 | Orbia Advance Corporation, S.A.B. de C.V. | 3.60% | |
| 10 | Itausa SA | 3.30% |
Portfolio breakdown
Sector
| Financials | 34.90% | |
| Materials | 23.00% | |
| Industrials | 10.00% | |
| Consumer Staples | 8.80% | |
| Energy | 7.00% | |
| Utilities | 7.00% | |
| Consumer Discretionary | 5.70% | |
| Communication Services | 3.60% | |
| Health Care | 0.50% |
Geography
| Brazil | 57.40% | |
| Mexico | 27.20% | |
| Peru | 6.90% | |
| Chile | 6.70% | |
| Colombia | 1.50% | |
| United States | 0.60% | |
| Cash & Derivatives | -0.50% |
Market cap
| Large | 66.00% | |
| Mid | 18.80% | |
| Small | 15.20% | |
| Micro | 0.40% |
Share classes
| Class | ISIN | SEDOL | Type | Hedged | Manager fee | Yearly charge | Minimum |
|---|---|---|---|---|---|---|---|
| – | GB00B909HH53 | B909HH5 | – | – | 0.75% | 0.89% | £250k |
Source factsheets
| Month | Published by the manager | Read on |
|---|---|---|
| Jul 2026 | View original factsheet ↗ | 21 Aug 2026 |