The 5-star rated fund has also outperformed its benchmark, the MSCI EM Latin America index, by about 13 percentage points, Morningstar data shows.
Traders work at the Bolsa de Mercadorias e Futuros, Brazilian Mercantile and Futures Exchange , in Sao Paulo, Brazil.Investing in Latin America's equity markets can be scary, but Luiz Maria Ribiero has cracked a winning formula., which has been on a tear this year. The fund is up nearly 23% in 2019. The 5-star rated fund has also outperformed its benchmark, the MSCI EM Latin America index, by about 13 percentage points.