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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.

3. JPM Brazil Equity
Gallery

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3. JPM Brazil Equity

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

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