Deutsche Latin America Equity Fund Class A (SLANX)

Net Asset Value
1 Day
Overall Morningstar Rating
Latin america stock
Style or Category
Sales Expenses
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.


1 month-1.92% 3 years+10.68%
3 months+8.13% 5 years+0.42%
1 year+24.60% Since inception+8.87%
Data through --

Peer Comparisonvs. Latin america stock

Performance 5-yr return+0.42%-3.67%
Expense ratio1.90%1.57%
Risk 5 year sharpe ratio0.110.04
Net assets$318.2M$486.6M
Average market cap$9.7B$11.6B
Average P/E20.818.8
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$1,000.00
Minimum IRA investment$500.00


International stock99.22%
Fixed income0.34%
U.S. stock0.00%
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
-- 7.89%
-- 5.25%
-- 5.05%
-- 4.14%
-- 3.62%
-- 3.53%
-- 3.27%
-- 3.27%
PBRA Petroleo Brasileiro SA Petrobras3.17%
-- 3.00%