Report

Review: Long-established, diversified regional specialist

The BlackRock Latin American Investment Trust (BRLA) invests in Latin American equities, aiming to provide attractive total returns over time from a diversified portfolio of stocks, with a bias towards Brazil and Mexico (together c 85%). After a rough ride for the Brazilian market the trust is positioned cautiously versus the index, preferring the better near-term economic prospects of Mexico and Peru. However, with a number of large, liquid companies in the region, the manager is able to rebalance the portfolio swiftly should Brazil begin to turn a corner. Option-writing income enhances the yield, currently 5.3%, and the shares have recently traded at their widest discount in five years, suggesting the potential to re-rate.
Underlying
BlackRock Latin American Inv Tst

BlackRock Latin American Investment Trust is an investment trust company. Co. invests in quoted securities in Latin America. Co. invests across a range of sectors, including consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, telecommunications services, utilities, and fixed income. BlackRock Fund Managers Limited has been appointed as Co.'s Alternative Fund Manager while BlackRock Investment Management (UK) Limited acts as Co.'s Investment Manager.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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