Advisors looking to diversify client portfolios into international and emerging markets investments should take a close look at Latin America, says Heiner Skaliks, portfolio manager of the Strategic Latin America Fund (SLATX).
The fund is offered, registered and administered in the U.S., with an investment team based in Bolivia. In general, countries across the region have tools from a monetary and fiscal policy perspective to combat an economic slowdown and encourage foreign direct investment, he notes. Several countries in the region have had ratings upgrades for their debt, he says, and an expanding middle class is creating growth opportunities.
Here is in an interactive slide show that details the funds top five Latin American countries by percentage of the portfolio allocated to each: