The fund normally invests at least 80% of assets in securities of Latin American issuers and other investments that are tied economically to Latin America. It normally invests primarily in common stocks and allocates investment across different Latin American countries. The fund invests up to 35% of total assets in any industry that accounts for more than 20% of the Latin American market. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.

Nasdaq

FLFAX

A closed-end balanced fund investing in Mexican equities and fixed income

NYSE

A closed-end fund investing in Mexican equities

Under normal circumstances, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in Latin American equity securities. These equity securities include the securities of Latin American companies and investment companies that primarily invest in the securities of issuers in, or seek to track the performance of indices based on, Latin American markets. It may invest up to 20% of its assets in countries other than Latin American countries.

OTGAX

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in Latin American companies. Under normal conditions, at least four countries will be represented in the fund's portfolio. The fund may purchase the stocks of companies of any size. It is non-diversified.

PRLAX

The fund normally invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in Latin American common stocks and other equities. It may invest up to 20% of net assets in the equity securities of U.S. and other non-Latin American issuers and in debt securities including junk bonds (grade BB/Ba and below). The fund may also invest as much as 10% of net assets in debt securities rated B or lower. It is non-diversified.

SLAFX

The investment aims for long-term capital growth, primarily allocating at least 80% of net assets to Latin American equities. Up to 20% may be invested in non-Latin American equities and debt securities, including junk bonds. Additionally, up to 10% may be allocated to debt securities rated B or lower.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
FLFAX	Fidelity Advisor Latin America Fund Class A	Latin America Equities	Sep 28, 2010	1.33%	—	—	0.00%	—
MXE	Mexico Equity and Income Fund Inc	Latin America Equities	May 24, 1990	0.02%	6.56%	2.65%	1.77%	95
MXF	The Mexico Fund	Latin America Equities	Jun 1, 1981	0.02%	7.31%	6.66%	5.03%	95
OTGAX	OTG Latin America Fund	Latin America Equities	May 6, 2019	2.22%	—	—	0.49%	—
PRLAX	T. Rowe Price Latin America Fund	Latin America Equities	Dec 28, 1993	1.46%	11.90%	8.00%	6.34%	91
SLAFX	DWS Latin America Equity Fund	Latin America Equities	Dec 7, 1992	1.26%	12.46%	12.18%	3.63%	92
SLANX	DWS Latin America Equity Fund Class A	Latin America Equities	May 29, 2001	1.51%	12.39%	11.90%	3.69%	92

The Best Latin America Equities Mutual Funds

Risk vs. Return Scatterplot