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.
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 a 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%.