Subscribe to Entrepreneur for $5
Subscribe

Some Like it Hot

Spice up your portfolio with a Latin American fund.

By
This story appears in the March 2006 issue of Entrepreneur. Subscribe »

While there's money to be made south of the border, it's best to invest in Latin American funds in small doses.

That said, how can you not love the returns from T. Rowe Price's Latin America fund (PRLAX)? As of December 23, 2005, its year-to-date total return was plus 60.69 percent. Look at its three-year history and, according to Morningstar, that average annual total return is 50.92 percent. Go back five years, and it's 24.2 percent. That's still a mighty return on an investment, but it's half that of the three-year average. And therein lies the truth of all Latin American fund investing: The region, like this fund, is hot-blooded.

Continue reading this article -- and everything on Entrepreneur!

Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!

3 months free with code ZENDESK

Presented by zendesk

3 months free with code ZENDESK