Deutsche Latin America Equity Fund Class B (SLAOX)

20.41
Net Asset Value
-1.40%
1 Day
-8.10%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
2.72%
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-7.94% 3 years-5.14%
3 months-4.98% 5 years-4.33%
1 year-22.03% Since inception+8.08%
Data through --

Peer Comparisonvs. Latin america stock

 SLAOXCategory
Performance 5-yr return-4.33%-6.71%
Expense ratio2.72%1.75%
Risk 5 year sharpe ratio-0.10-0.12
Net assets$319.7M$228.5M
Average market cap$8.5B$15.6B
Average P/E19.015.7
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 stock79.45%
Other14.64%
Cash4.59%
U.S. stock1.32%
Fixed income0.00%
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
-- 5.82%
-- 5.72%
-- 5.26%
-- 5.21%
FMX Fomento Economico Mexicano SAB de CV5.18%
GGAL Grupo Financiero Galicia SA3.96%
-- 3.71%
-- 3.12%
-- 3.09%
-- 2.97%

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