Aberdeen Latin America Equity Fund, Inc has merged into Aberdeen Chile Fund, Inc. Aberdeen Latin America Equity Fund, Inc. is a closed ended equity mutual fund launched and managed by Aberdeen Asset Managers Limited. The fund invests in the public equity markets of Latin America. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as growth prospects, attractive valuations, and corporate, global and local political, economic, and industry trends to create its portfolio. The fund benchmarks the performance of its portfolios against the MSCI Emerging Markets Latin America Index. It was formerly known as The Latin America Equity Fund, Inc. Aberdeen Latin America Equity Fund, Inc. was formed on October 30, 1991 and is domiciled in the United States.