Deutsche Latin America Equity Fund Class C (SLAPX)

26.40
Net Asset Value
+1.11%
1 Day
+7.49%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
2.66%
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 debt securities rated B or lower. It is non-diversified.

Performance

1 month+3.98% 3 years+9.42%
3 months+12.45% 5 years-0.26%
1 year+24.15% Since inception+8.19%
Data through --

Peer Comparisonvs. Latin america stock

 SLAPXCategory
Performance 5-yr return-0.26%-3.67%
Expense ratio2.66%1.58%
Risk 5 year sharpe ratio0.090.04
Net assets$325.5M$470.9M
Average market cap$8.4B$11.1B
Average P/E22.214.2
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 stock98.57%
Fixed income1.43%
U.S. stock0.00%
Cash0.00%
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
-- 6.99%
-- 6.02%
-- 5.94%
-- 5.02%
-- 4.70%
-- 4.50%
-- 4.21%
-- 3.53%
-- 3.52%
-- 3.15%