LatAm Equity Funds See Slight Drop

Dedicated LatAm equity funds lost 0.73% in the week ended July 17, according to Lipper, worse than EM funds overall, which shed 0.41%. Meanwhile China region funds saw marginal gains of 0.21%. Financial services funds experienced the biggest gains of the week, at 6.07%, while natural resources funds saw the biggest drop, sinking 5.99%. LatAm equity funds are down 2.96% this year so far, much better than EM, which has plummeted 16.37%.