What has made Latin America mutual funds so successful in the past 5-7 years?

Question

I've been looking around at different mutual funds through many companies and have noticed that it seems that some of the company's best performers in the last 5-7 years have been Latin America based funds. For example FLATX (44.1%) and PRLAX (51%) 2006 return. What is the reason for this and is the trend expected to continue for a while? Is there any informative websites or articles that may explain these Latin America funds specifically? Thanks a bunch!

***Recent (2007) articles please

Answer 1

I agree with Franco, plus I would say since US manufacturing companies began moving their factorys to China, and at the time China stock market was closed to foreigners, the investing masses, who seems to me, love to jump on the latest fad, jumped on the "emerging market" bandwagon, whereever it was. Africa is not "emerging" yet, so Russia, India, Korea and South America was the place to be.

Answer 2

Research and reading leaves you behind. Just gives a reason not to act. Developing markets all over the world have been flying high for yrs until now. Trend in jeopardy. Etfs or closed ends the best way to play but need to wait and see some stability 1st. MXE LAQ EWW are some options for later. Nothing to explain about the funds needed as is just a catch-up of long dormant areas growing. http://www.etfconnect.com/ will show info on the 1s I listed. Need to look forwatds vs back.

Answer 3

The primary commodities they produce have had a great increase in price and they have plenty of cheap labor so that their industrial products undercut those of the developed countries.

Answer 4

exertions - no longer entitlements chance taking - no longer taking hand outs Being happy with your united states Capitalism - artwork - corporation made united states what that's at present a lot less authorities involvement a lot less authorities regulations