Top holdings
44.13%Per cent of portfolio in top holdings
| Holding | % of portfolio |
|---|---|
| Vale SA ADR | 8.27% |
| Southern Copper Corp | 4.99% |
| Localiza Rent A Car SA | 4.82% |
| Grupo Aeroportuario del Sureste SAB de CV Class B | 4.38% |
| Wal - Mart de Mexico SAB de CV | 4.21% |
| Grupo Financiero Banorte SAB de CV Class O | 3.71% |
| Petroleo Brasileiro SA Petrobras ADR | 3.57% |
| StoneCo Ltd Class A | 3.47% |
| Nu Holdings Ltd Ordinary Shares Class A | 3.40% |
| Cyrela Brazil Realty SA Empreend e Part | 3.31% |
As of Jan 31 2026. Top holdings excludes cash and cash equivalents.
Sector weighting
| Sector | % of portfolio |
|---|---|
| Basic Materials | 22.20% |
| Financial Services | 21.66% |
| Industrials | 17.03% |
| Consumer Defensive | 12.12% |
| Consumer Cyclical | 8.68% |
| Energy | 6.34% |
| Technology | 5.51% |
| Real Estate | 4.72% |
| Healthcare | 1.24% |
As of Jan 31 2026.
Regional holdings
| Holding | % of portfolio |
|---|---|
| Brazil | 61.85% |
| Mexico | 23.63% |
| USA | 7.02% |
| Canada | 2.85% |
| Peru | 2.34% |
| Chile | 1.80% |
As of Jan 31 2026.
