BlackRock Latin American Investment Trust Provides Portfolio Update
Why we think this is neutral
This RNS announcement is a general portfolio update and does not contain any of the mandatory news types that would require a more detailed analysis. The information provided is factual and does not indicate any significant positive or negative developments.
Key Points
- NAV rose 4.1% in March, outperforming benchmark
- Overweight position in Mexico, underweight in Peru
- Manager comments on potential impact of US political developments and outlook for Brazil and Mexico
Summary
The investment trust provides a monthly portfolio update, reporting on performance, asset allocation, and other key metrics.
BlackRock Latin American Investment Trust plc has provided a monthly portfolio update as of 31 March 2025. The key highlights include:
- The Company's NAV rose by +4.1% in March, outperforming the benchmark MSCI Emerging Markets Latin America Index which returned +2.3%.
- The portfolio's geographic exposure remains overweight to Mexico and underweight to Peru.
- The manager comments on the potential impact of a second term for President Trump and the outlook for Brazil and Mexico.
GENERAL UPDATE