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MLLA Merrill L Lat

574.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Merrill L Lat LSE:MLLA London Ordinary Share GB0005058408 ORD US$0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 574.50 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

BlackRock Latin American Inv Tst Edison review on BlackRock Latin American IT

31/05/2016 9:56am

RNS Non-Regulatory


TIDMBRLA

BlackRock Latin American Inv Tst

31 May 2016

London, UK, 31 May 2016

Edison issues research review on BlackRock Latin American IT

BlackRock Latin American Investment Trust (BRLA) is a long-established, actively managed fund investing in Latin American equities. Manager William Landers runs a 50-75 stock portfolio that is diversified by country, sector and market capitalisation. BRLA aims to generate an attractive capital and total return, outperforming its benchmark, the MSCI Emerging Markets Latin American Index. Brazil represents more than half of the benchmark weighting and the manager has moved to an overweight exposure to the country following recent political developments. In anticipation of political and market reforms, his outlook for the region is more favourable than it has been for some time.

The current share price discount to cum-income net asset value of 11.0% compares to the average of 11.9% over the last 12 months. This is modestly wider than the averages of the last three, five and 10 years, which are 11.0%, 9.5% and 6.9% respectively. Following a decline in the revenue return in FY15, the board has prudently reduced the dividend to be more aligned with income. If the latest dividend payment is maintained, the shares are offering a prospective 2.6% yield, which is still the second highest in the peer group highlighted in Exhibit 9.

Click here to view the full report.

All reports published by Edison are available to download free of charge from its website: www.edisoninvestmentresearch.com

About Edison: Edison is an international equity research firm with a team of over 110 analysts, investment and roadshow professionals and works with both large and smaller capitalised companies, blue chip institutional investors, wealth managers, private equity and corporate finance houses to support their capital markets activity. Edison provides services to more than 420 retained corporate and investor clients from offices in London, New York, Frankfurt, Sydney and Wellington. Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison's reports are not solicitations to buy or sell any securities.

Contact details: Learn more at www.edisongroup.com and connect with Edison on:

 
 LinkedIn   www.linkedin.com/company/edison-investment-research 
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This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAAKDDPFBKKBPN

(END) Dow Jones Newswires

May 31, 2016 04:56 ET (08:56 GMT)

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