Deutsche Latin America Equity Fund Class A (SLANX)

22.46
Net Asset Value
+1.54%
1 Day
-3.19%
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-1.45% 3 years-8.06%
3 months-13.41% 5 years-3.78%
1 year-6.12% Since inception+8.55%
Data through --

Peer Comparisonvs. Latin america stock

 SLANXCategory
Performance 5-yr return-3.78%-4.68%
Expense ratio1.84%1.76%
Risk 5 year sharpe ratio-0.05-0.06
Net assets$308.9M$240.5M
Average market cap$8.5B$12.6B
Average P/E16.815.3
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$1,000.00
Minimum IRA investment$500.00

Holdings

International stock76.57%
Other21.18%
U.S. stock1.35%
Fixed income0.59%
Cash0.31%
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
-- 8.37%
-- 5.73%
-- 5.15%
-- 5.11%
-- 4.77%
FMX Fomento Economico Mexicano SAB de CV4.38%
-- 4.27%
GGAL Grupo Financiero Galicia SA4.01%
-- 3.32%
-- 3.03%

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