Deutsche Asset & Wealth Management’s assets under management were worth EUR 710 billion as of Sep 30, 2017. Founded in 1919, it is one of the world’s leading financial management companies. The fund family manages a wide variety of domestic mutual funds and variable insurance portfolios.
Deutsche Asset & Wealth Management is among the 10 largest bank-owned asset managers worldwide. The company uses market expertise to create innovative investment solutions for its clients. It also delivers transparent and cost-effective passive investment products to both institutional and individual investors.
Below we share with you three top-ranked Deutsche mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform their peers in the future.
Deutsche Core Equity A (SUWAX – Free Report) seeks growth of capital and income for the long run. SUWAX invests the bulk of its assets in equities, with key focus on common stocks. The fund invests mainly in the common stocks of large-cap domestic companies. Deutsche Core Equity A has returned 21.4% in the last one-year period.
As of Sep 30, 2017, SUWAX held 92 issues, with 4.42% of its assets invested in Apple Inc.
Deutsche Global High Income S (SGHSX – Free Report) invests more than 65% of its assets in U.S. and non-U.S. debt securities that are rated below investment grade. SGHSX seeks growth of income as well as capital. The fund invests in more than three countries, with around 40% of its assets invested in securities of foreign companies.Deutsche Global High Income S has returned 9.2% in the last one-year period.
Gary Russell is one of the fund managers of SGHSX since 2006.
Deutsche Core Plus Income S (SCSBX – Free Report) invests heavily in dollar-denominated fixed income securities, including U.S. government and agency bonds, corporate bonds and asset- and mortgage- backed securities. SCSBX may also invest in foreign investment grade fixed income securities and non-investment grade securities issued by both domestic as well as foreign issuers. Deutsche Core Plus Income S has returned 6.4% in the last one-year period.