The worst-performing funds of Q2
By Adam Lewis, 5 Jul 18
While funds invested in oil and gas companies dominated the lists of the best-performing funds in the second quarter, those investing in Latin America found themselves at the bottom of the table.
The second of two single country invested Latin America funds, the $208m JPM Brazil Equity Fund fell 21.43% in sterling terms throughout the second quarter of the year.
Launched in 2007 to provide long-term capital growth by investing primarily in a concentrated portfolio of Brazilian companies, the Luxembourg Sicav has generated negative returns over most time periods, falling 25.19% over five years and 32.53% over 10.
It is co-managed by Luis Carrillo and Sophie Bosch de Hood.
Tags: Investment Strategy

