Risk Warning
The value of investments and the income from them may go down as well as up and investors may get back less than the amount invested. The tax benefits relating to ISA investments may not be maintained. Please refer to the Key Facts documents contained in the ISA/Share Plan Brochure & Application form for general and specific investment risks attaching to the individual trusts.
Read the detailed Risk WarningPast Performance
Past performance is no guide to future performance.
See latest monthly factsheet below for performance history.
Daily Data
At close 26-Jan-2012
Ord| Price | 102.25p |
| NAV | 102.84p |
| Prem/-Disc | -0.57% |
Subscription Shares
| Price | 7.75p |
Source: Morningstar
NAV = Net Asset Value
Literature
Trust Details
Aberdeen Latin American Income Fund Limited
Registered Office:
No. 1 Seaton Place
St Helier,
Jersey,
JE4 8YJ
Registered in Jersey as an Investment Company Number 106012
Aberdeen Latin American Income Fund Limited
Objective
To provide Ordinary shareholders with a total return, with an above average yield, primarily through investing in Latin America.
New C Share Class Launch - Offer Now Open
The Directors announced on 20 January 2012 that the Company intends to raise up to £20 million, by way of a non pre-emptive placing and offer for subscription of C Shares, at an issue price of 100p per C Share.
15 million C Shares have already been conditionally placed by the Company's broker with certain institutional investors, private client fund managers and private client brokers.
The Public Offer is now open for applications following publication of a prospectus relating to the Company (the "Prospectus") and will close at 3pm on 27 January 2012.
The Prospectus (which includes an application form)can be downloaded from the literature section below and contains information regarding the Company (including risk factors)together with details of how you can apply for C Shares under the Offer. If you would prefer to receive a hard copy please call 0500 00 00 40 or e-mail us at inv.trusts@aberdeen-asset.com.
Any decision to apply for C Shares should be made only on the basis of the information contained in the Prospectus.
Manager's Monthly Report
January 2012
Latin American equities fell in December and underperformed the broader emerging markets asset class, owing to depreciating currencies and lower commodity prices. Argentina and Brazil were the main laggards.
Debt markets in the region began the month on a positive note, supported by the liquidity injection from global central banks at the end of November. But risk aversion heightened towards the end of the month, resulting in stronger US Treasuries and a weaker euro.
Consumer prices for November accelerated from a year earlier in Brazil, Mexico, and Chile.
In Chile, economic activity decelerated in October because of sluggish growth in industrials and mining. Conversely, Mexico’s November purchasing managers’ index signalled renewed momentum.
In politics, Argentine president Christina Kirchner was sworn in for a second four-year term. In Peru, intensifying social conflict resulted in a state of emergency, as well as the fall out between Prime Minister Lerner and President Humala. Lerner and ten other ministers unexpectedly resigned en masse after only five months in office. Market concerns that Humala might adopt more radical policies were allayed when he left the economic team intact
Source: Monthly Factsheet Aberdeen Asset Managers Limited