Deutsche Latin America Equity Fund Class C (SLAPX)

20.53
Net Asset Value
-3.21%
1 Day
-7.44%
Year-to-Date
Overall Morningstar Rating
Latin america stock
Style or Category
No Load
Sales Expenses
2.63%
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-4.37% 3 years-8.08%
3 months-10.31% 5 years-3.87%
1 year-2.62% Since inception+8.35%
Data through --

Peer Comparisonvs. Latin america stock

 SLAPXCategory
Performance 5-yr return-3.87%-4.68%
Expense ratio2.63%1.77%
Risk 5 year sharpe ratio-0.11-0.10
Net assets$340.2M$266.7M
Average market cap$8.4B$13.8B
Average P/E18.415.5
Portfolio turnover195%195%

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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

Holdings

International stock79.00%
Other18.60%
U.S. stock1.25%
Fixed income0.98%
Cash0.18%
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 Shs7.55%
-- Itau Unibanco Holding S.A.6.86%
FMX Fomento Economico Mexicano SAB de CV ADR6.10%
-- Cia Bras De Distri Pfd5.48%
-- Bank Bradesco Pfd Shs5.27%
-- BRF SA4.73%
-- BMF Bovespa SA Bolsa Valores Merc Fut3.90%
GGAL Grupo Financiero Galicia SA ADR3.58%
-- InRetail Peru Corp2.89%
-- Usinas Siderurgicas de Minas Gerais,S.A.2.88%

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