Deutsche Latin America Equity Fund Class S (SLAFX)

21.30
Net Asset Value
+1.62%
1 Day
-7.79%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
1.53%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. The fund normally invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in Latin American common stocks and other equities. It may invest up to 20% of net assets in the equity securities of U.S. and other non-Latin American issuers and in debt securities including junk bonds (grade BB/Ba and below). The fund may also invest as much as 10% of net assets in securities rated B or lower. It is non-diversified.

Performance

1 month-6.30% 3 years-9.17%
3 months-9.26% 5 years-6.08%
1 year-19.11% Since inception+9.63%
Data through --

Peer Comparisonvs. Latin america stock

 SLAFXCategory
Performance 5-yr return-6.08%-4.68%
Expense ratio1.53%1.77%
Risk 5 year sharpe ratio-0.04-0.07
Net assets$320.5M$238.9M
Average market cap$8.6B$12.9B
Average P/E14.416.3
Portfolio turnover195%195%

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Fund Management and Purchase Info

Fund familyDeutsche Asset & Wealth Mngt
Fund manager & tenureLuiz Ribeiro / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock77.89%
Other20.25%
U.S. stock1.24%
Fixed income0.44%
Cash0.17%
Top 5 Sectors
Portfolio weighting
Industrial materials 30.98%
Financial service 21.57%
Energy 19.66%
Consumer goods 8.40%
Telecommunication 7.79%
Top 10 Holdings
Portfolio weighting
-- 5.46%
-- 5.26%
-- 5.13%
GGAL Grupo Financiero Galicia SA4.67%
-- 3.87%
-- 3.80%
-- 3.65%
FMX Fomento Economico Mexicano SAB de CV3.02%
-- 2.83%
-- 2.73%

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