Deutsche Enhanced Commodity Strategy Fund Class B (SKBRX)

13.68
Net Asset Value
+0.07%
1 Day
-0.44%
Year-to-Date
Overall Morningstar Rating
Commodities broad basket
Style or Category
No Load
Sales Expenses
2.37%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund invests in commodity-linked derivative instruments backed by a portfolio of fixed income instruments. It invests in commodity-linked derivative instruments (a contract whose value is based on a particular commodity), such as commodity-linked swap contracts, commodity-linked structured notes, options and futures contracts, to gain exposure to the investment return of assets that trade in the commodity markets, without investing directly in physical commodities. The fund may gain exposure to the commodity markets by investing up to 25% of the fund's total assets in a wholly-owned subsidiary.

Performance

1 month-1.58% 3 years-6.70%
3 months-5.98% 5 years+0.41%
1 year-1.94% Since inception+0.17%
Data through --

Peer Comparisonvs. Commodities broad basket

 SKBRXCategory
Performance 5-yr return+0.41%+2.38%
Expense ratio2.37%1.36%
Risk 5 year sharpe ratio0.140.12
Net assets$715.4M$1.1B
Average market cap--$33.4B
Average P/E--17.6
Portfolio turnover71%71%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyDeutsche Asset & Wealth Mngt
Fund manager & tenureWilliam Chepolis / 4 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

Fixed income91.15%
Cash8.85%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 48.71%
Energy 44.69%
Consumer goods 4.55%
Hardware 0.81%
Consumer service 0.57%
Top 10 Holdings
Portfolio weighting
-- Dws Cayman Commodity Ii Ltd22.16%
-- B00009381 Irs Usd P F 2.139002 Ccpvanilla15.77%
-- B00009381 Irs Usd R V 03mlibor1 Ccpvanilla15.45%
-- B0009721 Irs Usd P F .96400s00009721 Ccpvanilla14.19%
-- B0009721 Irs Usd R V 03mliborl00009721 Ccpvanilla14.08%
-- US Treasury Note 1%5.58%
-- US Treasury Note 1.375%4.80%
-- US Treasury Note 2%3.25%
-- US Treasury Note 1%3.18%
-- US Treasury Note 1.625%2.53%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.