About SLAPX
DWS Latin America Equity Fund - Class C is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in equity securities of companies based in Latin America. The fund allocates at least 80% of its net assets to common stocks and other equities connected to the Latin American region, which it defines to include Mexico, Central America, South America, and the Spanish-speaking Caribbean islands. Key investment targets are generally established firms in markets such as Argentina, Brazil, Chile, Colombia, Mexico, Panama, and Peru, across diverse sectors including finance, energy, utilities, consumer goods, and industrials.
The fund’s investment process features a bottom-up, stock-driven approach, placing greater emphasis on individual company fundamentals rather than country or sector weights. While its core focus is Latin American equities, the fund may invest up to 20% of its assets in U.S. or other non-Latin American securities and can hold a limited portion of debt securities, including high-yield bonds. This structure offers investors exposure to the economic growth and sectoral diversity of the Latin American region, serving as a specialized vehicle for those seeking to participate in emerging market opportunities.
Fund Family DWS
Category Latin America Stock
Stock Exchange NASDAQ
Ticker Symbol SLAPX
Share Class Class C
Index MSCI EM Latin America NR USD
SLAPX had a total return of 11.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.75%.