OTG Latin America Fund OTGAX

Discover 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

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 03/20/2024

NAV $ Change POP
$9.16 $0.13 $9.64

Quarter-End Performance
as of 12/31/2023

  Total Return Average Annualized Return
  Qtr 1 Year 3 Year Since Inception
OTGAX (NAV) 12.66% 26.04% 8.48% 1.68%
OTGAX w load1 7.02% 19.74% 6.64% 0.57%
Expense Ratios: 2.81% gross; 1.95% net2 | Inception 5/8/2019
 

Month-End Performance
as of 1/31/2024

  Total Return Average Annualized Return
  Mon 1 Year 3 Year Since Inception
OTGAX (NAV) -3.39% 14.00% 8.56% 0.91%
OTGAX w load1 -8.22% 8.30% 6.72% -0.17%
Expense Ratios: 2.81% gross; 1.95% net2 | Inception 5/8/2019
 

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.

Portfolio Characteristics
as of 12/31/2023

Country Weights

BRAZIL 30.3%
CHILE 12.5%
COLOMBIA 2.7%
MEXICO 30.7%
PERU 11.2%
Others and cash 12.5%

Asset Allocation

LATAM Bonds 2.1%
LATAM Stocks 85.4%
Other Regions Stocks 4.5%
Cash and Equivalents 8.0%

Top Ten Holdings

Security % Portfolio ex-cash
Grupo Traxion S.A.B. de C.V. 4.21%
Suzano SA 4.20%
Itau Unibanco Holding SA 4.14%
Petroleo Brasileiro SA 4.11%
Credicorp Ltd. 3.98%
Vale SA 3.95%
Banco BTG Pactual SA 3.73%
Sociedad Quimica y Minera de Chile SA 3.67%
Banco Bradesco SA 3.59%
Grupo Financiero Banorte S.A.B. de C.V. 3.48%
  
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
12/26/2023 12/27/2023 12/27/2023 12/27/2023 $0.06 - $0.02 $0.08

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.

icon phone For assistance call Shareholder Services 888.716.7116
or contact Commonwealth Fund Services, 8730 Stony Point Parkway, Suite 205, Richmond, VA 23235
or email us.