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iShares MSCI EM Latin America UCITS ETF

iShares · IE000QZF7EX2

iShares MSCI EM Latin America UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker LAMT (ISIN IE000QZF7EX2). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when…

· Tracks the MSCI Emerging Markets index ?
Equity ?Accumulating ?Physical ?Ireland ?
Low yearly feeReinvests dividendsOwns the shares directlyEmerging MarketsConcentrated in a few names
Fund size (AUM) ?
€1.8B
Risk level (SRI) ?
6 / 7 · High
Yearly fee (TER) ?
0.20%
All-in cost ≈ 0.20%

About this fund

What you own

The MSCI Emerging Markets index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 99 companies across Emerging Markets in a single purchase.

Dividends

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts.

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Rolling the dividends straight back in means your money compounds automatically, with nothing for you to reinvest by hand. The flip side is there is no cash income; the growth simply shows up as a higher fund value. Note that reinvested dividends can still be taxable in some countries even though you never receive the cash — the rules depend on where you live.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.20%Yearly fee (TER)
0.20%All-in cost

The yearly running cost of the fund, shown as a % of your money. Lower is cheaper.

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For example, a 0.20% fee works out at €0.20 a year for every €100 invested — that’s a generic illustration of the mechanic, not this fund’s own fee. It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
MSCI Emerging Markets
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
May 2026
Recommended holding period
Medium to long term

Performance

98.299.099.8101101202620262026

Growth of $100 invested — the line starts at $100.

iShares MSCI EM Latin America UCITS ETF

End-of-day prices, rebased to a common start so the shapes are comparable. Past performance does not predict future results.

How bumpy has it been?

11.0%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-3.2%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.

The bigger picture

+1.2%
Since inception
Total growth since the fund launched.
-3.2%
Worst fall on record ?
It clawed back in about 1 month.

What's inside

By sector ?

Financials39.0%
Materials18.6%
Consumer Staples10.5%
Industrials8.3%
Energy7.6%
Utilities7.1%
Communication Services3.3%
Consumer Discretionary1.9%

The 10 biggest holdings make up 44.0% of the fund — the rest is spread across roughly 89 more companies.

Top 10 holdings

#CompanyWeight
1ISHARES MSCI BRAZIL UCITS ET USDHA7.8%
2CIA VALE DO RIO DOCE SH5.8%
3NU HOLDINGS CLASS A5.5%
4ITAU UNIBANCO HOLDING PREF SA4.8%
5GRUPO MEXICO B4.2%
6PETROLEO BRASILEIRO PREF SA3.4%
7CREDICORP LTD3.3%
8PETROLEO BRASILEIRO SA PETROBRAS3.2%
9GPO FINANCE BANORTE3.2%
10FOMENTO ECONOMICO MEXICANO2.7%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
Euronext AmsterdamLAMTEUR★ Primary
USD listings
E1LAMTUSDUSD
EOLAMTUSDUSD
EPLAMTUSDUSD
EULAMTUSDUSD
EZLAMTUSDUSD
London Stock ExchangeLAMTUSD
X1LAMTUSDUSD
X2LAMTUSDUSD
XALAMTUSDUSD
XFLAMTUSDUSD
XGLAMTUSDUSD
XHLAMTUSDUSD
XJLAMTUSDUSD
XLLAMTUSDUSD
XOLAMTUSDUSD
XQLAMTUSDUSD
XTLAMTUSDUSD
XULAMTUSDUSD
XVLAMTUSDUSD
XWLAMTUSDUSD
XXLAMTUSDUSD
XYLAMTUSDUSD
XZLAMTUSDUSD
For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-24 · the fund's own published holdings.

#CompanyWeight
1ISHARES MSCI BRAZIL UCITS ET USDHA7.8%
2CIA VALE DO RIO DOCE SH5.8%
3NU HOLDINGS CLASS A5.5%
4ITAU UNIBANCO HOLDING PREF SA4.8%
5GRUPO MEXICO B4.2%
6PETROLEO BRASILEIRO PREF SA3.4%
7CREDICORP LTD3.3%
8PETROLEO BRASILEIRO SA PETROBRAS3.2%
9GPO FINANCE BANORTE3.2%
10FOMENTO ECONOMICO MEXICANO2.7%
11AMERICA MOVIL B2.4%
12CEMEX CPO2.3%
13SOUTHERN COPPER CORP2.0%
14BANCO BRADESCO PREF SA2.0%
15WALMART DE MEXICO V1.8%
16ITAUSA INVESTIMENTOS ITAU PREF SA1.7%
17B3 BRASIL BOLSA BALCAO SA1.5%
18COMPANHIA DE SANEAMENTO BASICO DE1.5%
19AMBEV SA1.4%
20AXIA ENERGIA SA1.4%
21WEG SA1.4%
22BCO BTG PACTUAL UNT SA1.4%
23SOCIEDAD QUIMICA Y MINERA DE CHILE1.3%
24GRUPO AEROPORTUARIO DEL PACIFICO1.2%
25LATAM AIRLINES GROUP SA1.2%
26EMBRAER SA1.2%
27BRL CASH1.2%
28GRUPO CIBEST PREF SA1.1%
29BANCO DE CHILE1.1%
30INDUST PENOLES1.1%
31PETRO RIO SA0.9%
32EQUATORIAL SA0.9%
33ARCA CONTINENTAL0.8%
34BANCO DO BRASIL SA0.7%
35XP CLASS A INC0.7%
36LOCALIZA RENT A CAR SA0.7%
37COCA-COLA FEMSA CLASS UBL UNITS0.7%
38GRUPO CIBEST SA0.7%
39BANCO SANTANDER CHILE0.7%
40VIBRA ENERGIA SA0.7%
41GRUPO AEROPORTUARIO DEL SURESTE B0.7%
42BANCO DE CREDITO E INVERSION0.6%
43BUENAVENTURA ADR REPRESENTING0.6%
44PROLOGIS PROPERTY MEXICO REIT0.6%
45CIA PARANAENSE DE ENERGIA COPEL0.6%
46FIBRA UNO ADMINISTRACION REIT0.6%
47GERDAU PREF SA0.6%
48FALABELLA SACI SA0.5%
49GRUPO BIMBO A0.5%
50BANCO BRADESCO SA0.5%
51ENEVA SA0.5%
52TELEFONICA BRASIL SA0.5%
53SUZANO SA0.5%
54BB SEGURIDADE SA0.5%
55GRUPO CARSO SERIES A10.5%
56INTERCONEXION ELECTRICA SA0.5%
57REDE DOR SAO LUIZ SA0.5%
58GRUPO AEROPORTUARIO DEL CENTRO NOR0.5%
59RAIA DROGASIL0.5%
60ITAU UNIBANCO HOLDING SA0.5%
61GRUPO FINANCIERO INBURSA SRIES O0.5%
62JBS N V NV CLASS A0.4%
63ULTRAPAR PARTICIPOES SA0.4%
64ALFA A0.4%
65KIMBERLY-CLARK DE MEXICO CLASS A0.4%
66AXIA ENERGIA PRF SA0.4%
67PLAZA SA0.4%
68MXN CASH0.4%
69CIA ENERGETICA DE MINAS GERAIS PRE0.4%
70TIM SA0.4%
71RUMO SA0.4%
72CENCOSUD SA0.4%
73PROMOTORA Y OPERADORA DE INFRAESTR0.3%
74GRUMA0.3%
75MOTIVA INFRAESTRUTURA DE MOBILIDAD0.3%
76EMPRESAS COPEC SA0.3%
77ENERGISA UNITS SA0.3%
78KLABIN UNITS SA0.3%
79ENEL CHILE SA0.3%
80CAIXA SEGURIDADE PARTICIPACOES SA0.3%
81AURA MINERALS INC0.2%
82STONECO LTD CLASS A0.2%
83PORTO SEGURO SA0.2%
84MARFRIG GLOBAL FOODS SA0.2%
85CPFL ENERGIA SA0.2%
86ENGIE BRASIL ENERGIA SA0.2%
87CLP CASH0.1%
88COP CASH0.1%
89CASH COLLATERAL USD BZFUT0.1%
90GBP CASH0.0%
91EUR CASH0.0%
92MXN/USD0.0%
93CLP/USD0.0%
94MSCI EMER MKT INDEX (ICE) SEP 260.0%
95MEXICAN BOLSA INDEX FUTURE SEP 260.0%
96BCLEAR MSCI BRAZIL INDEX SEP 260.0%
97COP/USD0.0%
98BRL/USD0.0%
99USD CASH-1.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 57% of similar ETFs💰 All-in cost cheaper than 38%

Versus the Equity (stocks) · Emerging Markets · USD ETFs we track.

Advanced risk

7.0%
Downside deviation ?
$5.14
52-week high ?
$4.90
52-week low ?

Concentration depth

~37 ?
Effective number of holdings

Roughly 99 companies are held, but the largest names carry most of the weight — so it behaves like ~37 equal-sized positions.

Tilt vs a world tracker

United States-72.0
Brazil+51.8
Technology-29.2
Mexico+25.3
Financials+22.8
Materials+15.3

Percentage points over / under a broad world-equity tracker (not a licensed benchmark).

Estimated fund flows

+€55.5M
Estimated net flow, last month

Estimated from fund-size changes.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Emerging Markets stocks
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Why it's similarThis is the fund on this page.
StocksPhysicalCheaper fee
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StocksAccumulatingPhysicalCheaper fee
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StocksPhysicalCheaper fee
Tracks a different index in the same category.
StocksPhysicalCheaper fee
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StocksAccumulatingPhysicalCheaper fee
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Index trackedMSCI Emerging MarketsMSCI Emerging Markets IMIMSCI Emerging Markets IMIS&P Emerging BMI IndexMSCI EMMSCI EMMSCI EM
Yearly fee (TER)0.20%0.18%0.18%0.07%0.15%0.15%0.15%
All-in cost0.20%0.18%0.18%0.00%0.00%0.00%0.00%
Fund size€1.8B€38B€37.3B€15.1B€10.8B€10.8B€10.8B
DomicileIrelandIrelandIrelandUnited StatesLULULU
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+19.6%+19.0%+15.3%+18.7%+22.4%
5-yr return p.a.+7.3%+3.9%+6.7%+7.0%
# holdings994,0084,0083,024101010

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Data as of 2026-07-24 · Source: issuer data, compiled by Finance Hamster

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