Deutsche Latin America Equity Fund Class B (SLAOX)

29.36
Net Asset Value
-1.04%
1 Day
+9.14%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
2.71%
Expense Ratio
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-3.71% 3 years+3.02%
3 months0.00% 5 years+1.76%
1 year+5.28% Since inception+10.97%
Data through --

Peer Comparisonvs. Latin america stock

 SLAOXCategory
Performance 5-yr return+1.76%+6.75%
Expense ratio2.71%1.77%
Risk 5 year sharpe ratio0.350.37
Net assets$481.9M$367.1M
Average market cap$12.7B$19.2B
Average P/E14.418.8
Portfolio turnover156%156%

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Fund Management and Purchase Info

Fund familyDeutsche Asset & Wealth Mngt
Fund manager & tenureLuiz Ribeiro / 1 Years
Minimal initial investment$1,000.00
Minimum IRA investment$500.00

Holdings

International stock77.04%
Other20.85%
U.S. stock1.02%
Cash0.59%
Fixed income0.49%
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
-- BRF SA5.47%
-- Cia Bras De Distri Pfd5.37%
-- Lojas Americanas S.A. Pfd Shs5.23%
AMX America Movil SAB de CV ADR4.10%
-- Banco do Brasil SA BB Brasil3.97%
-- Petroleo Brasileiro SA Petrobras3.96%
TV Grupo Televisa SAB ADR3.92%
FMX Fomento Economico Mexicano SAB de CV ADR3.82%
BAP Credicorp Ltd2.89%
-- Petroleo Brasileiro SA Petrobras2.89%

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