Deutsche Latin America Equity Fund Class C (SLAPX)

20.96
Net Asset Value
+0.34%
1 Day
-14.66%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
2.66%
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 debt securities rated B or lower. It is non-diversified.

Performance

1 month-12.78% 3 years+1.50%
3 months-18.09% 5 years-0.71%
1 year+5.98% Since inception+6.90%
Data through --

Peer Comparisonvs. Latin america stock

 SLAPXCategory
Performance 5-yr return-0.71%-2.07%
Expense ratio2.66%1.56%
Risk 5 year sharpe ratio0.00-0.04
Net assets$265.2M$384.2M
Average market cap$5.8B$12.6B
Average P/E23.016.1
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

Holdings

International stock97.80%
U.S. stock1.32%
Cash0.83%
Fixed income0.05%
Other0.00%
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
-- 10.71%
-- 7.49%
-- 4.86%
-- 4.10%
-- 3.70%
-- 3.49%
-- 3.35%
-- 3.17%
-- 3.06%
-- 3.01%