Deutsche Latin America Equity Fund Class S (SLAFX)

24.71
Net Asset Value
-2.60%
1 Day
-4.34%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
1.60%
Expense Ratio
Above Average
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 debt securities rated B or lower. It is non-diversified.

Performance

1 month-6.04% 3 years+5.99%
3 months-9.96% 5 years-1.05%
1 year+18.01% Since inception+9.35%
Data through --

Peer Comparisonvs. Latin america stock

 SLAFXCategory
Performance 5-yr return-1.05%-2.07%
Expense ratio1.60%1.56%
Risk 5 year sharpe ratio0.090.02
Net assets$302.1M$459.2M
Average market cap$6.8B$19.9B
Average P/E20.317.5
Portfolio turnover279%279%

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Fund Management and Purchase Info

Fund familyDeutsche Asset Management
Fund manager & tenureLuiz Ribeiro / 5 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock98.42%
U.S. stock1.01%
Cash0.47%
Fixed income0.10%
Other0.00%
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
-- 10.57%
-- 8.62%
-- 6.39%
-- 4.76%
-- 3.92%
-- 3.56%
-- 3.53%
-- 3.25%
-- 3.13%
-- 3.01%