Credicorp Ltd

ELAAX has had quite a poor 2016 so far. As of August 31, 2016, the fund stands dead last year-to-date among the seven funds chosen for this review.

Except for the six-month period until August 19, the MFS International Growth Fund – Class A (MGRAX) has been among the top three funds in its peer group of 12 funds.

The AB International Growth Fund – Class A (AWPAX) has been an above-average performer in YTD 2016 until August 19 among the 12 funds chosen for this review.

In its annual market classification review for 2016, MSCI said that its Korea Index will not be elevated to developed market status even in its 2017 review.

Prudential (PUK), UBS Group (UBS), Nissan Motor (NSANY), Credicorp (BAP), and Melco Crown Entertainment (MPEL) are among the AB International Growth Fund’s 71 holdings.

JLTAX’s assets were invested across 57 holdings as of November 2015, and it was managing assets worth $62.3 million.

Unlike its peers in Japan, China, and Europe, Banco Central do Brasil can’t adopt an easing approach, the primary reason being its high levels of inflation.

The BlackRock Latin America Fund – A (MDLTX) rose just 3.8% in October 2015 from a month ago.

The BlackRock Latin America Fund – A (MDLTX) is offered by BlackRock. The fund seeks long-term growth of capital by investing “primarily in Latin American equity and debt securities.”

The JPMorgan Latin America Fund – A (JLTAX) is offered by JPMorgan Asset Management. The fund seeks long-term growth of capital.

The JPMorgan Latin America A (JLTAX) tanked 10.5% in August 2015 from a month ago—the third-worst performance among the eight funds in this review.