LO Selection
The LATAM Bond Fund USD

LO Selection - The LATAM Bond Fund USD is an actively managed, diversified investment vehicle dedicated to bonds issued by Latin American entities. It invests mainly in USD denominated securities while retaining the possibility to be exposed up to 15% in Latin American local currency bonds on an opportunistic basis. The fund’s investment approach is flexible and value-oriented, combining a mix of top-down and bottom-up analysis. The active process aims to match market returns over an investment cycle while limiting volatility and downside risk. The fund is not benchmark-driven, which allows the team to provide high diversification in terms of issuers and sectors, while maintaining a particular focus on liquidity and drawdown risk mitigation. Duration risk, sector, rating and country allocations are adjusted based on medium term and tactical views. The team applies an integrated and continuous risk-management process that pursues two aims: protecting clients’ wealth and seizing opportunities. Risk management is performed by fund managers at a portfolio level, alongside independent teams who manage investment risks and monitor operational risks.