BlackRock Latin American Investment Trust plc is a closed-ended equity mutual fund launched by BlackRock Fund Managers Limited and managed by BlackRock Investment Management (UK) Limited. It invests in publicly traded Latin American equities across diversified sectors and all market capitalizations, focusing on value stocks. The fund uses fundamental analysis with both top-down and bottom-up stock selection, emphasizing good governance, long-term earnings growth prospects, strong balance sheets, and cash flow generation. It benchmarks performance against the MSCI Latin EM America Index. Formerly known as the Merrill Lynch Latin American Investment Trust plc, the fund was formed in July 1990 and is domiciled in the United Kingdom.