Deutsche Latin America Equity Fund Class C (SLAPX)

18.59
Net Asset Value
+0.60%
1 Day
-16.19%
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-10.68% 3 years-10.22%
3 months-17.43% 5 years-7.62%
1 year-35.45% Since inception+7.38%
Data through --

Peer Comparisonvs. Latin america stock

 SLAPXCategory
Performance 5-yr return-7.62%-4.15%
Expense ratio2.57%1.73%
Risk 5 year sharpe ratio-0.06-0.08
Net assets$292.1M$214.3M
Average market cap$10.5B$14.2B
Average P/E16.515.1
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 stock97.09%
U.S. stock2.34%
Cash0.57%
Fixed income0.00%
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
-- 6.20%
FMX Fomento Economico Mexicano SAB de CV6.09%
-- 5.11%
-- 4.82%
-- 4.53%
-- 3.92%
-- 3.44%
-- 3.27%
-- 2.89%
GGAL Grupo Financiero Galicia SA2.66%

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