OTG Latin America Fund OTGAX
Fact Sheet
Performance
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Fund ReportsDiscover a New Opportunity for U.S. Investors
- Invests primarily in Latin American countries by an advisor located in the region.
- Offers a broadly-diversified portfolio of Latin American equities, fixed income securities and currencies.
- Focused research on companies we believe have growth potential due to market ineffciencies that are often overlooked by mainstream investment managers.
- Seeking long-term capital appreciation through investments in Latin American securities. Latin America encompasses Central America, including Mexico, and South America, excluding the Caribbean Islands.
Fund Facts
- Ticker OTGAX
- Inception Date 05/08/2019
- Minimum Investment $1,000
- Advisor OTG Asset Management LTD
- Distributions Quarterly
Is OTG Latin America Fund Right for You?
It may be, if you are looking for:
- Diversification alternative outside the United States.
- Exposure to a region of the world with attractive growth opportunities.
- An on-the-ground SEC-registered investment advisor with strong regional experience and network.
- Long-term capital appreciation with broad asset allocation flexibility.
- Investments across several countries, sectors, industries and currencies.
Daily Price
as of 09/28/2023
| NAV | $ Change | POP |
|---|---|---|
| $8.16 | $0.06 | $8.59 |
Quarter-End Performance
as of 6/30/2023
| Total Return | Average Annualized Return | |||
|---|---|---|---|---|
| Qtr | 1 Year | 3 Year | Since Inception | |
| OTGAX (NAV) | 12.09% | 27.11% | 13.14% | -0.22% |
| OTGAX w load1 | 6.48% | 20.76% | 11.22% | -1.44% |
Month-End Performance
as of 6/30/2023
| Total Return | Average Annualized Return | |||
|---|---|---|---|---|
| Mon | 1 Year | 3 Year | Since Inception | |
| OTGAX (NAV) | 9.11% | 27.11% | 13.14% | -0.22% |
| OTGAX w load1 | 3.66% | 20.76% | 11.22% | -1.44% |
Performance quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.
1 Maximum sales charge is 5%.
2 The Adviser has contractually agreed to reduce expenses until July 31, 2024.
2 The Adviser has contractually agreed to reduce expenses until July 31, 2024.
Portfolio Characteristics
as of 06/30/2023
Country Weights
| BRAZIL | 36.6% | |
| CHILE | 12.5% | |
| COLOMBIA | 2.6% | |
| MEXICO | 19.2% | |
| PERU | 11.5% | |
| Others and cash | 17.6% |
Asset Allocation
| LATAM Bonds | 2.7% | |
| LATAM Stocks | 79.7% | |
| Other Regions Stocks | 7.4% | |
| Cash and Equivalents | 10.2% |
Top Ten Holdings
| Security % Portfolio ex-cash | |
|---|---|
| Petroleo Brasileiro SA | 6.76% |
| Vale SA | 4.75% |
| ITAU UNIBANCO HOLDING S.A. ADR | 3.99% |
| SUZANO SA | 3.69% |
| BANCO BTG PACTUAL SA-UNIT | 3.61% |
| SMU SA | 3.59% |
| MRV ENGENHARIA | 3.38% |
| FOMENTO ECONOMICO MEXICANO, S.A.B. | 2.95% |
| NU HOLDINGS LTD | 2.76% |
| Sociedad Quimica y Minera de Chile SA | 2.71% |
Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security. Current and future holdings are subject to risk.
Distributions
| Record Date | Ex Date | Re-invest Date | Payable Date | Ordinary Income | Short-Term Gain | Long-Term Gain | Total |
|---|---|---|---|---|---|---|---|
| 06/27/2023 | 06/28/2023 | 06/28/2023 | 06/28/2023 | $0.01 | - | - | $0.01 |
Invest with Us
Talk with your financial advisor or complete your application and return it to us with your initial investment of $1,000 or more. For assistance, please call 888.716.7116.
Fund Documents
For assistance call Shareholder Services 888.716.7116or contact Commonwealth Fund Services, 8730 Stony Point Parkway, Suite 205, Richmond, VA 23235
or email us.