ILF: Bullish On Latin America, But I Don't Love This Fund's Portfolio

Ian BezekInvesting Group LeaderFollow5ShareSavePlay(11min)CommentsSummaryThe iShares Latin America 40 ETF has surged over the past year, along with many individual country markets in the region.Latin America benefits from commodity booms and favorable political trends, but ILF may miss out on key growth themes like rising middle-class consumption.The portfolio is heavily tied to Brazil and doesn't offer much diversification around the region's smaller countries.I rate ILF a hold. It will perform alright in an ongoing LatAm bull market, but there are better opportunities to be had in individual stockpicking within the region.Looking for a helping hand in the market? Members of Ian's Insider Corner get exclusive ideas and guidance to navigate any climate. Learn More » FrankRamspott/E+ via Getty Images After years of dramatic underperformance for emerging markets, including Latin America, the pendulum seems to be swinging in the other direction. 2025 saw emerging market stocks start to break out in general, and Latin American countries take off inThis article was written byIan Bezek23.56K FollowersFollowIan Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent the decade living in Latin America, doing the boots-on-the ground research for investors interested in markets such as Mexico, Colombia, and Chile. He also specializes in high-quality compounders and growth stocks at reasonable prices in the US and other developed markets. Ian leads the investing group Ian's Insider Corner. Features of the group include: the Weekend Digest which covers everything from new ideas to updates on current holdings and macro analysis, trade alerts, an active chat room, and direct access to Ian. Learn More.Analyst’s Disclosure: I/we have a beneficial long position in the shares of NU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.