To provide long-term capital growth by investing in shares of Latin American companies.The Fund invests at least 70% of its total assets (excluding cash and cash-equivalent assets) in securities of companies incorporated in, or which are expected to have a significant proportion of their assets or other interests in Latin America, or which carry on their principal business in or from Latin America. There is no limit to the amount which may be invested in any one country.The Fund is also permitted to invest to a lesser extent in fixed income instruments and cash on deposit. The base currency of the Fund is USD.