# iShares MSCI EM Latin America UCITS ETF USD (LTAM) **Source:** https://fundology.uk/fund/ltam · ISIN IE00B27YCK28 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, LTAM (iShares MSCI EM Latin America UCITS ETF USD, ISIN IE00B27YCK28) closed at £15.83 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was +83.6%, or +43.5% after UK CPIH inflation. ## Summary iShares MSCI EM Latin America UCITS ETF USD is an exchange-traded fund (ETF) from iShares, launched in 2007. It tracks the MSCI EM Latin America 10-40 — companies in emerging economies such as China, India, Taiwan and Brazil. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£15.83** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | LTAM | | ISIN | IE00B27YCK28 | | Category | Emerging markets | | Type | ETF | | Provider | iShares | | Tracks | MSCI EM Latin America 10-40 | | Income | Distributing | | Ongoing charge | 0.20% a year (£20 per £10,000) | | Fund size | £1.1bn | | Launched | 2007 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +24.45% | +20.55% | income reinvested | | 3 years | +38.94% | +25.38% | income reinvested | | 5 years | +83.62% | +43.54% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares MSCI EM Latin America UCITS ETF USD in pounds (price only, income paid out not included): 2022 +13.1%, 2023 +20.3%, 2024 −28.8%, 2025 +37.2%; 2026 to 30/09/2026 +13.9%. Returns of iShares MSCI EM Latin America UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +21.3%; to 30/09/2025: +12.0%; to 30/09/2024: −9.9%; to 30/09/2023: +2.7%; to 30/09/2022: +13.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +13.1% | +3.6% | Price | | 2023 | +20.3% | +15.5% | Price | | 2024 | -28.8% | -31.2% | Price | | 2025 | +37.2% | +32.5% | Price | | 2026 to 30/09/2026 | +13.9% | +10.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 18.98% | -14.23% | | 3 years | 17.31% | -28.80% | | 5 years | 21.37% | -29.54% | ## Largest fall Volatility of iShares MSCI EM Latin America UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 19.0% over 1 year, 17.3% over 3 years, 21.4% over 5 years. Largest fall in the price of iShares MSCI EM Latin America UCITS ETF USD since October 2021, in pounds: −29.5% from 04/11/2022 to 27/12/2024. The lowest 12-month return of iShares MSCI EM Latin America UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −28.8% (12 months to 27/12/2024); the highest was +65.6% (12 months to 10/04/2026). On 30/09/2026 the price of iShares MSCI EM Latin America UCITS ETF USD was 8.3% below its highest weekly close since October 2021 (10/04/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares MSCI EM Latin America UCITS ETF USD 0.20% a year, as of 01/10/2026: 105 of the 140 other emerging-market share funds charge more, 4 the same and 31 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **0.20%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 29/09/2026): | Holding | Weight | |---|---| | Ishares MSCI Brazil Ucits et Usdha | 8.03% | | Cia Vale Do Rio Doce Sh | 5.20% | | Nu · Class A | 4.75% | | Itau Unibanco Holding Pref | 4.66% | | Grupo Mexico B | 4.52% | | Gpo Finance Banorte | 4.41% | | Petroleo Brasileiro Pref | 3.97% | | Petroleo Brasileiro | 3.52% | | Credicorp | 3.19% | | Fomento Economico Mexicano | 2.48% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By sector As published by iShares, as of 29/09/2026. | Sector | Weight | |---|---| | Financials | 40.6% | | Materials | 18.5% | | Consumer Staples | 9.7% | | Energy | 8.5% | | Industrials | 8.1% | | Utilities | 6.8% | | Communication Services | 2.8% | | Consumer Discretionary | 2.2% | | Other sectors | 2.8% | ### By country As published by iShares, as of 29/09/2026. | Country | Weight | |---|---| | Brazil | 51.1% | | Mexico | 25.1% | | Germany | 8.0% | | Chile | 6.4% | | Peru | 6.2% | | Colombia | 2.5% | | Cash and derivatives | 0.7% | ### By type of asset Added up from the holdings iShares publishes, as of 29/09/2026. | Type of asset | Weight | |---|---| | Equity | 99.3% | | Cash and money market | 1.1% | All 88 holdings: https://fundology.uk/fund/ltam/holdings --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.