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# US Closed-End Fund
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Investing in Latam

 

Benefiting from potential growth in Latin American economies

Monthly Commentary
 
 
 

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Chile (Aberdeen Chile Fund, Inc.): In December, Michelle Bachelet was elected Chilean president for a second time by a margin of 62% against 38% for Evelyn Matthei. Education, tax raises, and constitution and electoral reform are all key to Bachelet’s future plans for Chile. One of her biggest challenges will be to match expectations with reality.

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Latin America (Aberdeen Latin America Equity Fund, Inc.): Latin American equities fell in December, owing to concerns that the U.S. Federal Reserve’s (Fed) upcoming reduction of its asset purchases would lead to increased outflows from the region.

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