Deutsche Latin America Equity Fund Class A (SLANX)

21.45
Net Asset Value
+1.42%
1 Day
-7.54%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
5.75
Sales Expenses
1.84%
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 securities rated B or lower. It is non-diversified.

Performance

1 month-1.79% 3 years-5.66%
3 months-1.79% 5 years-3.50%
1 year-23.97% Since inception+8.30%
Data through --

Peer Comparisonvs. Latin america stock

 SLANXCategory
Performance 5-yr return-3.50%-6.71%
Expense ratio1.84%1.75%
Risk 5 year sharpe ratio-0.04-0.09
Net assets$294.4M$221.3M
Average market cap$8.5B$12.4B
Average P/E18.516.1
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$1,000.00
Minimum IRA investment$500.00

Holdings

International stock69.97%
Other28.02%
U.S. stock1.85%
Cash0.13%
Fixed income0.03%
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
-- 5.84%
-- 5.63%
-- 5.19%
-- 4.57%
FMX Fomento Economico Mexicano SAB de CV4.25%
-- 3.86%
-- 3.66%
GGAL Grupo Financiero Galicia SA3.52%
-- 3.38%
-- 3.19%

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