Deutsche Latin America Equity Fund Class B (SLAOX)

Net Asset Value
1 Day
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month-10.52% 3 years+0.76%
3 months-13.90% 5 years-2.54%
1 year-6.95% Since inception+9.44%
Data through --

Peer Comparisonvs. Latin america stock

Performance 5-yr return-2.54%+0.34%
Expense ratio2.71%1.77%
Risk 5 year sharpe ratio0.090.13
Net assets$412.3M$346.1M
Average market cap$12.2B$15.8B
Average P/E17.217.2
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


International stock73.75%
U.S. stock1.77%
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
-- Lojas Americanas S.A. Pfd Shs6.21%
-- Petroleo Brasileiro SA Petrobras6.07%
-- BRF SA5.71%
-- Bank Bradesco Pfd Shs4.96%
-- Cia Bras De Distri Pfd4.82%
-- Petroleo Brasileiro SA Petrobras4.56%
-- Banco do Brasil SA BB Brasil4.27%
-- Itau Unibanco Holding S.A.3.39%
-- BMF Bovespa SA Bolsa Valores Merc Fut3.07%
PBRA Petroleo Brasileiro SA Petrobras ADR2.91%

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