Deutsche Latin America Equity Fund Class C (SLAPX)

19.76
Net Asset Value
-1.05%
1 Day
-10.91%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
2.57%
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-7.84% 3 years-10.99%
3 months-10.71% 5 years-6.70%
1 year-19.78% Since inception+7.98%
Data through --

Peer Comparisonvs. Latin america stock

 SLAPXCategory
Performance 5-yr return-6.70%-4.68%
Expense ratio2.57%1.77%
Risk 5 year sharpe ratio-0.09-0.07
Net assets$320.5M$238.9M
Average market cap$9.0B$12.9B
Average P/E14.616.3
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 stock77.36%
Other21.36%
U.S. stock1.33%
Cash0.40%
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
-- 5.39%
-- 5.14%
-- 5.13%
-- 4.94%
-- 4.67%
-- 4.41%
PBRA Petroleo Brasileiro Petrobras SA4.14%
GGAL Grupo Financiero Galicia SA4.05%
BUD Anheuser-Busch InBev3.66%
FMX Fomento Economico Mexicano SAB de CV3.57%

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