Threadneedle Latin America

wombat42_2

Looks tempting - up 20% in the last month, heavily commodity laden.

http://www.h-l.co.uk/fund_research/security_details/sedol/0153175.hl

Murphy_The_Cat

I thought that you worshipped at the Temple of (Allianz) BRIC ?

cloud_dog

wombat42 wrote: »

Looks tempting - up 20% in the last month, heavily commodity laden.

http://www.h-l.co.uk/fund_research/security_details/sedol/0153175.hl

One of mine :cool:

Surely this fund / sector breaks your volatility rule? :eek:

wombat42_2

Murphy_The_Cat wrote: »

I thought that you worshipped at the Temple of (Allianz) BRIC ?

That is so yesterday

wombat42_2

cloud_dog wrote: »

One of mine :cool:

Question is - does it have any legs. It depends a lot on the current commodity surge expecially oil . I notice there are no fees with H&L so it might be worth a punt and retract if things get rough.

Murphy_The_Cat

wombat42 wrote: »

Question is - does it have any legs. It depends a lot on the current commodity surge expecially oil . I notice there are no fees with H&L so it might be worth a punt and retract if things get rough.

Wouldn't it have been a much better idea to have a punt BEFORE it went up 20% in a month ?
For my sins, I have a few SA funds and they are all doing rather well over the last month or so.:beer:

cloud_dog

Surely this fund / sector breaks your volatility rule? :eek:

A lot of people are focussed on China, India, etc but Lat Am has been and will continue to be a powerhouse going forward. The primary difference to be aware of is that whilst China, for example, exports a relatively low percentage of GDP to the US, Lat Am exports are priamrilly US focussed. So, Lat Am would be harder hit should the US go in to recession (if they're not alreay there).

cloud_dog

wombat42_2

Murphy_The_Cat wrote: »

Wouldn't it have been a much better idea to have a punt BEFORE it went up 20% in a month ?
For my sins, I have a few SA funds and they are all doing rather well over the last month or so.:beer:

Unfortunately predicting the future aint easy

Murphy_The_Cat

wombat42 wrote: »

Unfortunately predicting the future aint easy

I wish it was - you and I would be trillionaires :beer::j

meester

All of these funds have the potential to do this:

http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=909172800000&chddm=261033&q=NYSE:EWM

wombat42_2

First State Global Resources (another high flyer) has 9.3% of CVD (Brazillian mining company) which is also top billing in the Threadneedle Latin America fund
http://www.h-l.co.uk/fund_research/security_details/sedol/3373787.hl