- ISIN
- US25156G7988
- Issuer
- DWS
- Inception Date
- Dec 7, 1992
- Category
- Latin America Equities
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
SLAFX Performance Chart
DWS Latin America Equity Fund (SLAFX) is up 7.7% since the beginning of the year. SLAFX is currently trading at $39 per share. Investors who bought $1,000 worth of SLAFX shares 5 years ago would now be looking at an investment worth $1,444.
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Returns By Period
DWS Latin America Equity Fund (SLAFX) has returned 7.72% so far this year and 27.23% over the past 12 months. Over the last ten years, SLAFX has returned 11.15% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
DWS Latin America Equity Fund
- 1D
- -1.10%
- 1M
- -3.17%
- YTD
- 7.72%
- 6M
- 9.63%
- 1Y
- 27.23%
- 3Y*
- 9.88%
- 5Y*
- 7.63%
- 10Y*
- 11.15%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
SLAFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 1993, SLAFX's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.
Historically, 58% of months were positive and 42% were negative. The best month was Mar 1999 with a return of +22.3%, while the worst month was Oct 2008 at -35.4%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, SLAFX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +23.7%, while the worst single day was Oct 15, 2008 at -16.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 17.29% | 0.47% | -4.57% | 3.78% | -4.66% | -3.19% | 7.72% | ||||||
| 2025 | 9.22% | -0.90% | 5.93% | 7.29% | 4.32% | 4.97% | -5.01% | 6.76% | 5.64% | 1.17% | 5.56% | 0.25% | 54.49% |
| 2024 | -4.79% | -0.77% | 1.81% | -6.09% | -3.01% | -7.20% | 1.14% | 3.20% | -0.59% | -4.78% | -5.79% | -5.31% | -28.35% |
| 2023 | 9.01% | -6.04% | 0.88% | 2.56% | 1.40% | 11.04% | 4.85% | -6.88% | -2.64% | -4.05% | 14.10% | 7.59% | 33.60% |
| 2022 | 8.65% | 2.49% | 12.03% | -12.17% | 5.36% | -16.82% | 5.32% | 5.52% | -3.42% | 12.96% | -2.19% | -4.87% | 8.33% |
| 2021 | -5.95% | -0.40% | 1.30% | 5.01% | 7.22% | 4.13% | -5.14% | 0.99% | -10.23% | -7.21% | -2.35% | 5.18% | -8.82% |
Benchmark Metrics
DWS Latin America Equity Fund has an annualized alpha of 2.63%, beta of 1.00, and R2 of 0.43 versus S&P 500 Index. Calculated based on daily prices since January 04, 1993.
- This fund captured 121.73% of S&P 500 Index gains and 118.55% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.43 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.63%
- Beta
- 1.00
- R²
- 0.43
- Upside Capture
- 121.73%
- Downside Capture
- 118.55%
Expense Ratio
SLAFX has a high expense ratio of 1.26%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
SLAFX ranks 22 for risk / return — below 22% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for DWS Latin America Equity Fund (SLAFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SLAFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.06 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 2.78 | -0.91 |
| Martin ratioReturn relative to average drawdown | 5.25 | 12.44 | -7.19 |
Dividends
Dividend History
DWS Latin America Equity Fund provided a 3.79% dividend yield over the last twelve months, with an annual payout of $1.47 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.47 | $1.47 | $1.31 | $1.21 | $2.06 | $3.95 | $0.00 | $0.04 | $0.00 | $1.15 | $0.37 |
Dividend yield | 3.79% | 4.09% | 5.41% | 3.40% | 7.44% | 14.43% | 0.00% | 0.11% | 0.00% | 4.47% | 1.82% |
Monthly Dividends
The table displays the monthly dividend distributions for DWS Latin America Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.47 | $1.47 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 | $1.31 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.21 | $1.21 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.06 | $2.06 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.95 | $3.95 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the DWS Latin America Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the DWS Latin America Equity Fund was 70.68%, occurring on Nov 20, 2008. Recovery took 3150 trading sessions.
The current DWS Latin America Equity Fund drawdown is 11.70%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -70.68%Nov 2008 | 6mo 3d | 12y 6mo | 13y 10dMay 2008 - May 2021 |
1998 bear market1998 | -54.11%Sep 1998 | 10mo 23d | 5y 3mo | 6y 2moOct 1997 - Jan 2004 |
1995 bear market1995 | -53.16%Mar 1995 | 1y 20d | 1y 11mo | 2y 12moFeb 1994 - Feb 1997 |
2006 bear market2006 | -30.15%Jun 2006 | 1mo 4d | 5mo 24d | 6mo 28dMay 2006 - Dec 2006 |
Bear market2022 | -29.87%Jul 2022 | 3mo 10d | 11mo 5d | 1y 2moApr 2022 - Jun 2023 |
Drawdown Indicators
| SLAFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.68% | -56.78% | -13.90% |
Max Drawdown (1Y)Largest decline over 1 year | -13.65% | -9.10% | -4.55% |
Max Drawdown (3Y)Largest decline over 3 years | -29.46% | -18.90% | -10.56% |
Max Drawdown (5Y)Largest decline over 5 years | -29.87% | -25.43% | -4.44% |
Max Drawdown (10Y)Largest decline over 10 years | -50.90% | -33.92% | -16.98% |
Current DrawdownCurrent decline from peak | -11.70% | -1.80% | -9.90% |
Average DrawdownAverage peak-to-trough decline | -22.19% | -10.71% | -11.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 2.03% | +2.83% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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