SLAFX: DWS Latin America Equity S

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SLAFX DWS Latin America Equity S


Profile

SLAFX - Profile

Vitals

  • YTD Return -22.9%
  • 3 Yr Annualized Return -0.9%
  • 5 Yr Annualized Return 9.4%
  • Net Assets $246 M
  • Holdings in Top 10 53.4%

52 WEEK LOW AND HIGH

$26.35
$17.55
$35.74

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.55%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 189.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Latin America Stock

Distributions

  • YTD Total Return -22.9%
  • 3 Yr Annualized Total Return -0.9%
  • 5 Yr Annualized Total Return 9.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    DWS Latin America Equity Fund
  • Fund Family Name
    DWS
  • Inception Date
    Dec 08, 1992
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Danilo Pereira

Fund Description

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.


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Categories

Performance

SLAFX - Performance

Return Ranking - Trailing

Period SLAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.9% -69.1% -22.8% 11.11%
1 Yr -14.0% -62.9% -14.0% 11.11%
3 Yr -0.9%* -37.6% -0.9% 12.50%
5 Yr 9.4%* -13.2% 9.4% 13.33%
10 Yr -6.4%* -21.8% -6.2% 40.00%

* Annualized

Return Ranking - Calendar

Period SLAFX Return Category Return Low Category Return High Rank in Category (%)
2019 35.8% 11.8% 37.3% 38.89%
2018 -2.6% -23.4% -2.6% 12.50%
2017 26.6% 26.6% 46.3% 100.00%
2016 29.9% 16.7% 66.3% 40.00%
2015 -32.0% -62.1% -30.9% 71.43%

Total Return Ranking - Trailing

Period SLAFX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.9% -69.1% -22.8% 11.11%
1 Yr -14.0% -62.9% -14.0% 11.11%
3 Yr -0.9%* -37.6% -0.9% 12.50%
5 Yr 9.4%* -13.2% 9.4% 13.33%
10 Yr -6.4%* -21.8% -4.3% 50.00%

* Annualized

Total Return Ranking - Calendar

Period SLAFX Return Category Return Low Category Return High Rank in Category (%)
2019 35.8% 11.8% 37.3% 38.89%
2018 -2.6% -23.4% -2.6% 12.50%
2017 26.6% 26.6% 46.3% 100.00%
2016 29.9% 18.4% 66.3% 40.00%
2015 -32.0% -62.1% -29.8% 71.43%

NAV & Total Return History


Holdings

SLAFX - Holdings

Concentration Analysis

SLAFX Category Low Category High SLAFX % Rank
Net Assets 246 M 13.9 M 398 M 55.56%
Number of Holdings 49 30 63 44.44%
Net Assets in Top 10 138 M 6.22 M 210 M 55.56%
Weighting of Top 10 53.40% 47.6% 55.0% 44.44%

Top 10 Holdings

  1. Globant SA 10.09%
  2. Gerdau SA Participating Preferred 7.14%
  3. Magazine Luiza SA 5.79%
  4. Weg SA 5.50%
  5. Vale SA ADR 5.34%
  6. B2W - Companhia Digital 4.78%
  7. InRetail Peru Corp 3.96%
  8. Antofagasta PLC 3.76%
  9. Bank Bradesco SA Participating Preferred 3.75%
  10. Itau Unibanco Holding SA Participating Preferred 3.31%

Asset Allocation

Weighting Return Low Return High SLAFX % Rank
Stocks
94.64% 85.61% 99.51% 77.78%
Cash
5.36% 0.49% 11.01% 22.22%
Preferred Stocks
0.00% 0.00% 0.00% 55.56%
Other
0.00% 0.00% 2.49% 66.67%
Convertible Bonds
0.00% 0.00% 0.89% 66.67%
Bonds
0.00% 0.00% 0.03% 66.67%

Stock Sector Breakdown

Weighting Return Low Return High SLAFX % Rank
Basic Materials
25.18% 3.14% 25.18% 11.11%
Financial Services
23.98% 23.51% 38.27% 55.56%
Consumer Cyclical
15.37% 1.41% 16.48% 44.44%
Technology
10.68% 0.00% 10.68% 11.11%
Industrials
8.79% 3.79% 11.78% 44.44%
Consumer Defense
4.78% 4.78% 12.47% 88.89%
Healthcare
3.53% 0.00% 17.42% 55.56%
Utilities
3.38% 0.00% 8.66% 44.44%
Real Estate
2.27% 0.00% 4.38% 44.44%
Energy
1.05% 1.05% 14.90% 88.89%
Communication Services
1.00% 0.00% 11.84% 55.56%

Stock Geographic Breakdown

Weighting Return Low Return High SLAFX % Rank
Non US
84.54% 84.54% 96.28% 88.89%
US
10.10% 0.00% 10.10% 11.11%

Expenses

SLAFX - Expenses

Operational Fees

SLAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.55% 0.86% 2.69% 55.56%
Management Fee 1.00% 0.69% 1.04% 66.67%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.05% 0.25% 50.00%

Sales Fees

SLAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

SLAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 8.33%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

SLAFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 189.00% 20.20% 189.00% 88.89%

Distributions

SLAFX - Distributions

Dividend Yield Analysis

SLAFX Category Low Category High SLAFX % Rank
Dividend Yield 0.00% 0.00% 0.00% 55.56%

Dividend Distribution Analysis

SLAFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

SLAFX Category Low Category High SLAFX % Rank
Net Income Ratio 0.30% -0.72% 3.31% 88.89%

Capital Gain Distribution Analysis

SLAFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

SLAFX - Fund Manager Analysis

Managers

Danilo Pereira


Start Date

Tenure

Tenure Rank

Jan 02, 2013

7.67

7.7%

Danilo Pereira, CFA, Vice President. Portfolio Manager of the fund. ■ Portfolio Manager and Equities Analyst: São Paulo. ■ Joined DWS in 2012. Prior to joining DWS, he was the Deputy Head of Latin America - Internal Equities at the Abu Dhabi Investment Authority. Previously, he served as a Senior Latin American Analyst at BNP Paribas Investment Partners, Senior Analyst and Co-manager at Equitas Investimentos and as a Portfolio Manager at Bradesco Asset Management. He began his investment career as a Latin American Analyst at ABN AMRO Asset Management. ■ BA in Business from Fundacao Getulio Vargas.

Luiz Ribeiro


Start Date

Tenure

Tenure Rank

Jan 02, 2013

7.67

7.7%

Luiz Ribeiro is Senior Equities Portfolio Manager, has joined Deutsche Asset & Wealth Management in 2012. Prior to joining Deutsche Asset & Wealth Management, Luiz served as the Head of Latin America — Internal Equities at the Abu Dhabi Investment Authority. Previously, he served as a Senior Portfolio Manager at HSBC Bank. Prior to HSBC Bank, Luiz worked as an Investment Officer at IFC — World Bank and as an Analyst and then as a Senior Portfolio Manager at ABN AMRO Bank. He began his investment career as a Trader at Dibran DTVM Ltda. He holds a BA in Business Administration from University of São Paulo (USP) and a MBA in Finance from Brazilian Institute of Capital Markets (IBMEC). He is also a CFA Charterholder.

Marcelo Pinheiro


Start Date

Tenure

Tenure Rank

Jul 18, 2014

6.13

6.1%

Marcelo Pinheiro, CFA, Vice President. ■ Equities Analyst: São Paolo. ■ Joined DWS in 2013. Prior to joining DWS, he served as senior credit analyst at Itaú BBA. Previously, he was a senior analyst for Latin America financial planning at GE. Before that, he worked as an analyst for equities and credits and as a junior portfolio manager at Bradesco Asset Management. ■ BA in Economics from University of São Paulo.

William Piper


Start Date

Tenure

Tenure Rank

May 15, 2020

0.3

0.3%

M. Piper (BA, MBA) a joint les rangs de Morgan Stanley en 2002 et compte plus de 10 ans d'expérience dans le domaine du placement. Avant de joindre les rangs de la société, il fut gestionnaire auprès de Deltec Asset Management. Il fut antérieurement gérant adjoint de succursale auprès de First Virginia Bank.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 7.67 4.5 7.67