Exposure to Latin American corporate bonds
Investment Manager
Potentially higher yields
Latin American corporate bonds historically offer higher yields than bonds from developed markets like the U.S.
Access hard to reach bonds efficiently
The ETF offers diversified exposure to typically hard to reach Latin American bonds, without requiring a large initial investment. It focuses on U.S. dollar-denominated bonds, minimising currency risk for investors.
Active management
Expert active management from Amerant Investments aims to navigate risks and avoid distressed or defaulted bonds. The approach aims to enhance returns and mitigate downside risks.
Reduced currency risk
Focusing on U.S. dollar-denominated Latin American bonds can reduce currency risk for investors.
A rapidly growing developing market
Latin America has resource-rich economies with growing populations. Although the countries are developing markets, they have many multi-national, export-oriented, corporations particularly in natural resources and basic materials.
Baylor acts as the portfolio manager for in-house discretionary portfolios for advisory clients, including mutual fund target allocation portfolios, and discretionary fixed income strategies across maturities and credit quality. Baylor is recognized expert in her field and a frequent contributor to Bloomberg news and television. She has two decades of experience, primarily in fixed income investing, in a variety of institutional, family office, and analytical roles. She started her career at Standard & Poor’s, followed by CreditSights, BMO Global Asset Management, and 1919 Investment Counsel. Baylor is on the Programming Committee for the Fixed Income Analysts Society (FIASI) and a member of 100 Women in Finance. She graduated with an MBA from NYU Stern School of Business and has her Series 7,66, and 24 licenses.
The focus of RNTA is on bonds from Latin American corporates. Spreads for Latin American bonds tend to be elevated, but we believe active management can avoid defaults in the region.
The ETF focuses on bonds issued in hard currency U.S. dollars, with the aim of minimising currency risk. Bonds will also predominantly be selected from larger, stable countries in Latin America such as Brazil, Chile, Mexico, Colombia, and Paraguay. The strategy is not expected to hold distressed or defaulted bonds.
The goal of the ETF is to pay out steady quarterly distributions from the coupon payments.
Amerant Latin American Debt UCITS ETF (RNTA) aims to invest in a portfolio of Latin American corporate bonds with the aim of achieving steady income for investors, while providing an opportunity to access the growing economies of Latin America.
RNTA focuses on bonds issued in hard currency U.S. dollars, minimising currency risk. It also predominantly selects bonds from larger and stabler Latin American countries.
The ETF is actively managed by Amerant Investments (AMTI) CIO, Baylor Lancaster-Samuel.
Key Risks
Past performance is not indicative of future performance. When you invest in ETFs your capital is fully at risk and may not get back the amount originally invested. Exchange rates can have a positive or negative effect on returns. The value of equities and equity-related securities can be affected by daily stock and currency market movements.
Source: HANetf, data as of 31.08.2026. Performance of the fund is shown in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled ‘Risk Factors’ for further details of risks associated with an investment in this product. When you invest in ETFs your capital is at risk.
Total dividends paid each calendar year of the fund.
No. of holdings: 57
Latin American corporate bond exposure means investing in debt issued by companies based in, or economically linked to, Latin American markets. These bonds may be issued by banks, energy companies, utilities, materials businesses, consumer companies and infrastructure-related issuers. The return drivers include coupon income, credit spreads, issuer fundamentals, commodity cycles, interest rates and regional economic conditions. Investors should understand that corporate bond exposure is different from equity exposure because returns depend heavily on credit quality and the issuer’s ability to meet debt payments.
Many Latin American companies issue bonds in US dollars to access deeper global capital markets and attract international investors. For investors whose base currency is the US dollar, hard-currency bonds can reduce local currency exposure compared with local-currency debt. However, the issuing company may still earn revenues in local currencies, which can create currency mismatch risk at the issuer level. Investors should assess both the bond currency and the company’s underlying business exposure.
Active management can be important because emerging market corporate bonds require issuer-level credit analysis. Managers may assess leverage, cash flow, refinancing risk, governance, country risk, commodity exposure and sector trends. Active selection can also help avoid distressed or defaulted issuers, although it cannot eliminate credit losses. Investors should review how the portfolio balances yield, credit quality, sector diversification, country exposure and liquidity before making any investment decision.
Examples of relevant issuers include Ecopetrol, BBVA Mexico, Grupo Aval, Orbia, Nemak, Petrobras and Termocandelaria. These issuers span energy, financials, materials, utilities and industrial-linked sectors across markets such as Brazil, Mexico and Colombia. Investors should treat these as examples of current exposure rather than recommendations. The credit profile, maturity, coupon and issuer weighting of each bond should be reviewed alongside broader country and sector risks.
Key risks include credit risk, emerging market risk, political risk, commodity sensitivity, liquidity risk, currency risk and interest-rate risk. Corporate bond prices may fall if investors become more concerned about an issuer’s ability to repay debt or if regional credit spreads widen. Latin American markets can also be affected by changes in commodity prices, elections, fiscal policy, central bank decisions and global risk appetite. Investors should consider whether the yield compensates for these risks.
Disclaimer: These FAQs have been generated with the assistance of AI and may contain errors or omissions. They are provided for general information only and do not constitute investment advice, a recommendation, or an invitation to buy or sell any investment.
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About Investment Manager
Amerant Investments is a south Florida-based, dually-registered RIA and broker-dealer. It is a wholly-owned subsidiary of Amerant Bancorp (NYSE: AMTB).
Amerant Investments serves domestic and international clients, across both discretionary and non-discretionary investment strategies with total assets under supervision of approximately $2.3 billion.
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