One of the newest alternative UCITS-compliant strategies
from the Latin American region is MS Claritas Long Short Market
Neutral UCITS Fund.
The strategy launched in December 2011 and consists of
between 40 to 60 Brazilian stocks.
Helder Soares (pictured), chief investment officer and
founding partner of São Paulo-based Claritas
Investimentos, says the Brazilian stock market, as represented
by the Bovespa Index, has been up and down 20% this year.
He says: "Year-to-date to July 2012 the fund is up 5% - this
means that investors can access Brazil without any of the
downside and volatility."
The UCITS-compliant fund launched in December last year, it
has weekly liquidity and its objective is to obtain