Deutsche Latin America Equity Fund Class A (SLANX)

23.36
Net Asset Value
+1.26%
1 Day
+0.69%
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+9.11% 3 years-4.85%
3 months+2.37% 5 years-4.47%
1 year-13.34% Since inception+8.28%
Data through --

Peer Comparisonvs. Latin america stock

 SLANXCategory
Performance 5-yr return-4.47%-6.71%
Expense ratio1.84%1.77%
Risk 5 year sharpe ratio-0.17-0.20
Net assets$295.9M$226.3M
Average market cap$8.6B$11.6B
Average P/E14.416.7
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 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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