DWS Latin America Equity A
SLANX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York, NY 10154 New York NY United States of America 10154
- IPO Date
- May 29, 2001
- CIK
- 0000088053
- Website
- dws.com
- Similar Companies
- Business
- DWS Latin America Equity Fund (Class A) (SLANX) is an open-end mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in common stocks and other equities tied to Latin American markets, including securities traded on Latin American exchanges, those issued or guaranteed by Latin American governments, or equities of companies organized under Latin American laws or deriving more than half of their business from the region; the fund employs a high-conviction, high active share strategy focusing on large blend market capitalization stocks across key sectors such as financial services, basic materials, utilities, industrials, and energy, with primary regional exposure to Latin America (approximately 98.75% of assets), particularly Brazil, Mexico, Peru, and Chile, and top holdings including Credicorp Ltd., Grupo Mexico SAB de CV, Itau Unibanco Holding SA ADR, Centrais Eletricas Brasileiras SA - Eletrobras, and Fibra Uno Administracion SC. The fund offers Class A shares with a front-end load of 5.75%, a net expense ratio of 1.43%, a minimum initial investment of $1,000, and daily pricing, managed by Scott Piper since May 15, 2020 under Deutsche Investment Management Americas Inc., a subsidiary of DWS Group GmbH & Co. KGaA, the leading European asset manager founded in 1956 and headquartered in Frankfurt am Main, Germany, with global operations including the United States. As of the latest data, the fund maintains total net assets of approximately $302.64 million, with the Class A share class at $25.73 million, a 12-month trailing yield of around 4.00%, and an annual turnover of 101%. Recent developments at the parent DWS Group include record revenues and doubled long-term net inflows (excluding cash and advisory) to EUR 32.9 billion in 2024, alongside significantly increased profits and a proposed higher dividend, with strategic extensions of CEO Stefan Hoops' contract through 2028 and new appointments such as Vincenzo Vedda as Global Chief Investment Officer; additionally, DWS formed a private financing strategic venture with Mitsubishi UFJ Financial Group (MUFG) in December 2024 for project and infrastructure asset investments, partnered with OMERS Infrastructure in August 2024 to acquire Italy's Grandi Stazioni Retail, and pursued M&A readiness including real estate acquisitions like a logistics campus in Berlin in late 2025, all supporting broader growth in alternatives and infrastructure while targeting an adjusted cost-income ratio below 59% for 2025.