I have a cousin who has a love-hate relationship with LatinAmerican funds: She loves them when they're hot, hates themwhen they're not--but likes to stay invested in them regardlessof their instability because of the market exposure they provideher.
The first thing to consider before investing in any LatinAmerican fund is that any change in a Latin American country'ssocial, political or economic climate can impact a fund'sperformance. That may be difficult for novice investors to swallow,but pros know it's best to buy on bad news and sell ongood.
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