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Santander Latin American Corporate Bond A Cap

Ranked 11 out of 28 in - Emerging Markets Latin America over 12 months
All calculations are in USD unless stated

Managed by

Alfredo Mordezki

Originally from Montevideo in Uruguay, since 2010 Alfredo Mordezki has been Head of Latam fixed income at Santander Asset Management based in London. Alfredo runs corporate bond funds using a fundamental and value investment style. He graduated from Universitat Pompeu Fabra in Barcelona with an Msc in International Economics in 1992 and Universidad de la República in Uruguay with an MSc in Economics and Finance in 1995. Outside of work Alfredo has many interests including skiing, soccer, tennis, music and the theatre.

Objective

The Sub-Fund invests more than 50% in corporate bonds. The rest of the portfolio will be invested in sovereign and quasi sovereign debt instruments. This Sub-Fund will invest a minimum of 60% of its net assets in securities denominated in USD. Most of the Sub-Fund's assets will be invest in debt instruments issued by Mexican, Brazilian, Argentinean and Chilean companies or companies that derive more than 60% of their revenues from their operations in the region and by local sovereign or quasi-sovereign issuers. Debt instruments issued by other Latin American issuers will also be held when advisable and where minimum liquidity of market is assured.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Emerging Markets Latin America over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 4.1% 2.1% 3.4%
2016 12.6% 4.0% 5.2% 4.4% -1.5%
2015 -5.5% 0.0% 1.8% -6.5% -0.6%
2014 5.1% 3.3% 4.7% 0.1% -3.0%
2013 -3.6% 1.1% -5.3% -0.8% 1.5%
2012 12.8% 5.8% -1.8% 5.5% 2.9%
2011 2.2% 2.2% 1.4% -6.1% 5.0%
2010 9.4% 2.1% -0.1% 5.8% 1.3%
2009 17.0% 0.0% 5.9% 8.5% 1.9%
2008 -3.9% 1.6% -0.5% -2.2% -2.9%
2007 3.8% 1.0% 0.3% 1.3% 1.2%
2006 5.3% 1.3% -1.4% 3.5% 1.8%
2005 3.5% -2.3% 3.8% 2.1% 0.0%
2004 6.1% 0.9% -3.2% 5.5% 3.0%
2003 13.9% 4.4% 4.1% 2.6% 2.1%
2002 5.8% 2.9% -6.1% 2.4% 6.9%
2001 5.2% 2.0% 1.4% -2.3% 4.1%
2000 8.4% 3.8% 1.0% 2.4% 0.9%
1999 12.7% 2.8% 1.4% 2.2% 5.9%
1998 -11.7% 2.7% -3.5% -16.3% 6.5%
1997 4.0% 1.2% 1.3% 1.3% 0.2%
1996 1.5% 2.5%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. Italy
  3. Luxembourg
  4. Portugal
  5. Spain
  6. Switzerland

Fund Info

  • Launch date30/05/2008
  • Share Class size95Mn
  • Base currencyUSD
  • ISIN LU0047567978

Purchase Info

  • Min. initial investment6,000
  • Min. regular additional investment0

Charges

  • Annual management1.75%
  • Initial investment0

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).