A Look at the Deutsche Latin America Equity Fund
SLANX’s assets were invested across 50 holdings in June 2016, and it was managing assets worth $292 million as of July’s end.
How Is SLANX’s Portfolio Positioned Year-to-Date in 2016?
The Deutsche Latin America Equity Fund Class A (SLANX) seeks long-term capital growth by investing “in Latin American common stocks and other equities.”
Company & Industry Overviews
Why Is the UltraLatin America ProFund Doing Well in 2016?
The UltraLatin America ProFund is different from the other funds in this review. It aims at single-day returns that are two times the return of the BNY Mellon Latin America 35 ADR Index.
Company & Industry Overviews
Petrobras Posted a Loss of $9.4 Billion in 4Q15
Petrobras (PBR) posted a net loss of $9.4 billion in 4Q15 and a loss of $9.7 billion in 4Q14.
Iran’s Production and Election Impact the Crude Oil Market and Prices
The latest survey from Bloomberg suggests that Iran’s crude oil production rose by 140,000 barrels per day to 3 MMbpd in February 2016.
Company & Industry Overviews
UBPIX Is Not for Everyone
UBPIX is different from its peers. It’s a leveraged fund and aims at single-day returns that are twice those of the BNY Mellon Latin America 35 ADR Index.
Chilean Peso Rallies as Central Bank Keeps Rates Unchanged
The Chilean peso gained against the US dollar on February 12 on the back of the unchanged monetary policy by its central bank and a surge in commodities.
Chilean Peso Fell: What Does Inflation Have to Do with It?
The Chilean peso gave away losses against the US dollar on February 8, 2016. Inflation rates increased beyond expected levels in January.
Chilean Peso Falls on Weak Economic Data
The Chilean peso depreciated against the US dollar on January 29, 2016, as reports indicated that copper production fell 5.5% in December 2015.
How Did the UltraLatin America ProFund’s Portfolio Do in 2015?
As of December 2015, the UltraLatin America ProFund’s assets were invested across 35 stocks.
How Much Can Iran Scale up Production in Comparison to Its Peers?
Iran has between 30 MMbbls (million barrels) and 50 MMbbls of crude oil and other liquids stored in supertankers ready to hit the markets.
Rising US Crude Oil Imports Support the Refined Products Glut
The EIA (U.S. Energy Information Administration) reported that weekly US crude oil imports rose by 678,000 bpd (barrels per day) to 8.2 MMbpd (million barrels per day) for the week ending January 8, 2016.
Crude Oil Prices Slide Back from Key Resistance Level
The EIA (U.S. Energy Information Administration) estimates that WTI crude oil prices could average $51 per barrel and Brent crude oil prices could average $56 per barrel in 2016.
Portfolio Composition of UBPIX through November 2015
UBPIX’s assets were invested across 35 stocks as of November 2015, and it was managing assets worth $12.0 million.
How Top Crude Oil Consumers Influence the Crude Oil Market
The US and China are the top oil consuming countries in the world. The demand from the US is expected to be robust in 2016.
Russia’s Debt Reaches $100 Billion with Oil Market Turmoil
Russia’s debt, which is around $90 to $100 billion, is the collateral damage of the oil prices.
China’s Crude Oil Imports Are Vital for Crude Oil Market in 2016
From January to November 2015, China’s crude oil imports averaged 6.6 MMbpd, which is 8.6% more than the imports during the same period last year.
How OPEC’s Crude Oil Reserves Affect the Crude Oil Market
OPEC countries control 40% of global crude oil production and have around 81% of global crude oil reserves, as of 2014.
Russian Crude Oil Production Is through the Roof
The Energy Ministry of Russia reported that Russia saw production levels of 10.7 million barrels per day of crude oil in November 2015.
Chilean Peso Falls On Mixed Domestic Data
The US dollar to Chilean peso currency pair, inversely related to the Chilean peso, was trading on a positive note on December 7, 2015.
Crude Oil Prices Fall as Chinese Stocks Tumble
WTI crude oil futures contracts for January delivery fell by 3.1% to close at $41.71 on Friday, November 27.
How Lower Crude Oil Prices Could Affect Crude Oil Reserves
The EIA reported that US crude oil and lease condensate reserves rose by 9.3% to 39.9 billion barrels in 2014, as compared to 2013.
Crude Oil Prices Fell, USO Fund Flow Hit a Record
WTI crude oil futures contracts for December delivery fell slightly by 0.37% on November 20. Crude oil prices were volatile for the second day.
Brent and WTI Crude Oil Prices Diverge
December WTI crude oil futures contracts fell marginally by 0.52% and closed at $40.54 per barrel on Thursday, November 19, 2015.
Italy’s Trade Surplus Widened with Declining Imports in September
According to the National Institute of Statistics (or ISTAT), Italy’s goods and services surplus rose to 2.2 billion euros in September 2015 compared to 2.0 billion euros a year ago.
US Dollar and China: Crude Oil Prices Fell for the Third Day
December WTI crude oil futures fell by 2.0% on November 6, 2015. Crude oil prices fell due to the appreciating US dollar and weak demand data from China.
Crude Oil Prices Rose Due to the Supply Outage
NYMEX-traded WTI crude oil futures contracts for December delivery rose by 3.8% on November 3. Crude oil prices rose due to a supply disruption in Brazil.
Crude Oil Prices Fell and Snapped the 3-Day Rise
Market surveys from Bloomberg suggest that crude oil stocks could rise by 2.3 MMbbls for the week ending October 30. This is weighing on crude oil prices.
The Deutsche Latin America Equity Fund Class A (SLANX): Must-Knows
The Deutsche Latin America Equity Fund – Class A (SLANX) is offered by Deutsche Asset & Wealth Management.
The High Correlation between the Chilean Peso and Copper Prices
Any variation in copper demand or supply directly affects the value of the Chilean peso against the US dollar.