The Mexican economy expanded 0.6% in 1Q17, beating market expectations. Exports and private spending have continued to support growth in Mexico this year.
ALEAX seeks long-term capital appreciation “by investing at least 80% of the value of its net assets in equity securities of Latin American companies.”
The Aberdeen Latin American Equity Fund – Class A (ALEAX) is the smallest fund in this review with assets worth $2.6 million under management as of February 2016.
The T. Rowe Price Latin America Fund seeks long-term growth by investing in “common stocks of companies…in Latin America,” using bottom-up stock research.
