DWS Invest Latin American Equities is an active equity fund from DWS, ISIN LU0813337184.
Active
Equity
Latin America
Fund size (GBP) £1.8B
The fund is actively managed. The fund is managed in reference to a benchmark. The objective of the investment policy is to achieve capital appreciation that exceeds the benchmark (MSCI EM Latin America 10/40 Index (EUR)). In order to achieve this, the fund invests primarily in equities of issuers that have their registered office in Latin America or conduct their principal business activity in Latin America or which, as holding companies, hold primarily interests in companies registered in Latin America. The selection of individual investments is at the discretion of the fund management. The return of the product is reflected by the daily calculated net asset value per unit and the distribution amount if applicable. The majority of the fund's securities or their issuers are not expected to be components of the benchmark. The fund management will use its discretion to invest in securities and sectors that are not included in the benchmark in order to take advantages of specific investment opportunities. The portfolio is not necessarily expected to have a similar weighting to the benchmark. In regard to its benchmark, the sub-fund positioning can deviate significantly (e.g. by a positioning outside of the benchmark as well as a significant underweighting or overweighting) and the actual degree of freedom is typically relatively high. A deviation generally reflects the fund manager’s evaluation of the specific market situation, which may lead to a defensive and closer or a more active and wider positioning compared to the benchmark. Despite the fact that the fund aims to outperform the benchmark, the potential outperformance might be limited depending on the prevailing market environment (e.g. less volatile market environment) and actual positioning versus the benchmark.
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+21.1%Q1
1 year return
+33.7%Q1
3 year return
+69.9%Q1
5 year return
Chart type
Compare with
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Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month+2.8%
3 months+4.5%
Volatility, 3 years19.2%
Ongoing charge (OCF)
Fund size (GBP)£1.8B
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 6 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Largest sector: Equities. 3 sectors reported.
See all sectorsA free account shows the full list.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Largest country: Brazil. 9 countries reported.
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Largest asset class: Brazilian Equities. 8 asset classes reported.
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 6 Oct 2026.
The 10 largest holdings are reported by FE.
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years19.2%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)0.31
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−27.6%
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 6 Jul 2026.
Regulatory risk rating (SRRI)6 of 7
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
LU0813337184
Fund manager
Itau USA AM Inc. NY, Ribeiro
Management company
DWS INVESTMENT S.A.
Depositary
State Street Bank International GmbH, Luxembourg Branch
Benchmark
MSCI EM Latin America 10/40 Index (EUR)
Ongoing charge
Share class launch date
14 Jan 2013
Domicile
LU
Fund type
open-ended fund
SRRI
6 of 7
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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