As of Sep 30, 2017, total global assets of Deutsche Asset & Wealth Management were $371 billion, while their total U.S. assets were $68 billion. 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. Investors can click here to see the complete list of Deutsche funds.
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 three-year annualized returns of 1.9%.
SCSBX has an expense ratio of 0.63% compared with the category average of 0.77%.
Deutsche Core Equity A (SUWAX - Free Report) seeks growth of capital and income for the long run. SUWAX invests a 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 16.4% in the last one-year period.
As of Feb 28, 2018, SUWAX held 94 issues, with 4.91% of its assets invested in Microsoft Corp.
Deutsche Fixed Income Opportunities Fund S (SDUSX - Free Report) seeks to offer high income. SDUSX invests the lion’s share of its assets in securities issued by domestic as well as foreign government entities, corporate securities, mortgage-backed and asset-backed securities and tax-exempt municipal bonds. Deutsche Fixed Income Opportunities Fund S has three-year annualized returns of 2.1%.
Kevin Bliss has been one of the fund managers of SDUSX since 2017.
To view the Zacks Rank and past performance of all Deutsche mutual funds, investors can click here to see the complete list of funds.
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