Franklin Templeton and BlackRock are the big winners of the Chilean regulator’s latest list of newly approved investment vehicles.
The Comision Clasificadora de Riesgo (CCR) is the regulator which rates and approves the instruments Chile’s pension funds – who are among Latin America’s biggest international investors – are able to invest in.
In its latest monthly report the CCR approved 14 new Ucits funds, with Franklin Templeton accounting for more than half of the newly approved funds. A number of the funds are also run Citywire rated managers. If you wish to find out more about how Citywire awards ratings to managers for their risk-adjusted performance follow this link.
The regulator also approved 11 ETFs, of which only one entrant was not one of BlackRock’s iShares products.
Below is the full list of the approved mutual funds and their respective managers:
|Franklin Euro High Yield||Piero Del Monte, Patricia O’Connor|
|Franklin European Corporate Bond Fund||David Zahn(Citywire A-rated), Marc Kremer, Eric Takaha (A)|
|Franklin European Total Return||David Zahn (A), John Beck (A)|
|Franklin Global Convertibles Securities||Alan Muschott(+), Matt Quinlan(+), Blair Schmicker(A)|
|Franklin MENA||Stephen Dover(A), Pura A. Jhaveri (+)|
|Franklin Strategic Income||Kent Burns (A), Chris Molumphy (A), Eric Takaha (A)|
|Franklin US Low Duration||Roger Bayston (A), Kent Burns (A), David Yuen (AA)|
|Franklin US Total Return||Roger Bayston (A), Kent Burns (A)|
|Templeton Africa||Mark Mobius|
|Allianz Emerging Asia Equity||Dennis Lai (A)|
|HSBC GIF Global High Income Bond||Jerry Samet|
|HSBC GIF Global High Yield Bond||Mary Bowers|
|NN (L) Emerging Markets High Dividend||Manu Vandenbulck, Robert Davis|
|PIMCO GIS Global Multi-Asset||Mihir Worah(A)|
Here are the ETF vehicles the Chilean regulator has also approved, all of which are domiciled in Ireland.
|iShares Core MSCI Emerging Markets IMI UCITS ETF|
|iShares $ Treasury Bond 1-3 UCITS ETF|
|iShares $ TIPS UCITS ETF|
|iShares $ Treasury Bond 7-10yr UCITS ETF|
|iShares Core MSCI Japan IMI UCITS ETF|
|iShares Core MSCI World UCITS ETF|
|iShares $ Short Duration Corporate Bond UCITS ETF|
|iShares $ Short Duration High Yield Corporate Bond UCITS ETF|
|iShares Core MSCI Pacific ex Japan UCITS ETF|
|iShares NASDAQ 100 UCITS ETF|
|Vanguard FTSE Developed Europe UCITS ETF|