Ultrapar Participacoes SA
Brazil’s Economic Peril Has Tailed Rousseff in Her Presidency
When the Great Recession hit in 2008, economies were affected so severely that many of them have yet to recover. However, Brazil was one of the exceptions.
No Good News from Banco Central do Brasil for Inflation in Brazil
In its quarterly inflation report, the Banco Central do Brasil projected that inflation measured by Broad National Consumer Price Index (or IPCA) could be 6.6% in 2016. In December’s report, the central bank had expected inflation to be 6.2% in 2016.
Company & Industry Overviews
Bradesco Latin American Equity Fund: Should We Be Vigilant?
From a purely NAV (net asset value) return standpoint, the Bradesco Latin American Equity Fund was a below-average performer for the one-year period until March 24, 2016.
How Did the UltraLatin America ProFund’s Portfolio Do in 2015?
As of December 2015, the UltraLatin America ProFund’s assets were invested across 35 stocks.
Portfolio Composition of UBPIX through November 2015
UBPIX’s assets were invested across 35 stocks as of November 2015, and it was managing assets worth $12.0 million.
Materials Hurt the JPMorgan Latin America Fund in October 2015
The JPMorgan Latin America Fund – A (JLTAX) rose 4.6% in October 2015 from a month ago. In the three-month and six-month periods ended October 30, the fund fell 12.1% and 23.6%, respectively.
How Financials Affected the JPMorgan Latin America Fund in September
The JPMorgan Latin America Fund Class A fell by 6.2% in September from August 2015. But from the end of September until October 28, the fund was up 5.2%.
How Consumer Staples Saved the Aberdeen Latin American Equity Fund Class A in September 2015
The Aberdeen Latin American Equity Fund Class A fell by 6.3% in September from August. But between September and October 28, the fund has risen by 6.0%.
Why the ProFunds UltraLatin America Inv Fund (UBPIX) Tanked in August 2015
The ProFunds UltraLatin America (UBPIX) nose-dived by 19.4% in August 2015 from a month ago—the biggest fall among the eight funds we’ve analyzed in this series.
The Epiphany FFV Latin America Fund Class A (ELAAX): Must-Knows
The Epiphany FFV Latin America Fund Class A (ELAAX) is offered by Epiphany Funds with Trinity Fiduciary Partners serving as the investment advisor.
Standard & Poor’s Downgrades Brazil’s Credit Rating to Junk
Brazil, Latin America’s largest economy and one of the emerging markets of the BRICS countries, was downgraded by Standard & Poor’s to junk status on September 9, 2015.