Key information
The DWS Concept DJE Responsible Invest is a balanced fund that invests worldwide in equities (min. 25%) and bonds of sustainable companies (green bonds). Companies that exert a positive influence on society through products, processes or special commitment are considered sustainable. In addition, the fund may only invest in companies whose CO2 emissions are below very strict limits. This CO2 filter manifests itself in a very low carbon footprint at fund level. Investments in green bonds are bonds whose proceeds flow into pre-defined green projects - these can include reforestation projects, the establishment of recycling cycles or the improvement of drinking water treatment. The fund is fully geared to globally valid sustainability requirements.
Responsible manager since 01/07/2019
Key information
ISIN: | LU0185172052 |
WKN: | A0BLYJ |
Category: | Fund EUR Flexible Allocation - Global |
Minimum Equity: | 25% |
Partial Exemption of Income ¹: | 15% |
VG/KVG: | DWS Investment S.A. |
Fund Management: | DJE Kapital AG |
Risk Category: | 3 |
This sub-fund/fund promotes ESG features in accordance with Article 8 of the Disclosure Regulation (EU Nr. 2019/2088). | |
Type of Share: | distribution |
Financial Year: | 01.01. - 31.12. |
Launch Date: | 07/04/2004 |
Fund currency: | EUR |
Fund Size (16/05/2024): | 36,67 Mio EUR |
Ongoing Charges p.a. (31/12/2020): | 1,69 % |
Reference Index: | - |
Fees
Initial Charge: | 5,000 % |
All-in fee p.a.: | 1,65 % |
Ratings & Awards (16/05/2024)
Morningstar*: |
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Awards: FNG Award 2024 Awarded with 2 stars (of 3) by Forum Nachhaltige Geldanlagen (Forum Sustainable Investments) |
no esg data available
- The fiscal treatment depends on the personal circumstances of the respective client and can be subject of change in the future.
- is proprietary to Morningstar and/or ist content providers may not be copied or distributed and is not warranted ob e accurate, complete or timely. Neither Morningstar nor ist content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Perfomance Chart
Performance in Percent
Rolling performance in %
Risk metrics (16/05/2024) |
|
---|---|
Standard Deviation (2 years): | 10,82 % |
Tracking Error (1 years): | - |
Value at Risk (99% / 20 days): | -7,10 % |
Maximum Drawdown (1 year): | -4,17 % |
Sharpe Ratio (2 years): | -0,43 |
Correlation (1 years): | - |
Beta (1 years): | - |
Treynor Ratio (1 years): | - |
Country allocation total portfolio (% NAV)
*Note: Cash position is included here because it is not assigned to any country or currency.
Data: Anevis Solutions GmbH, own illustration 30/04/2024
Top Country Allocation in % of Fund Volume (28/03/2024) |
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United States | 39,50 % |
Germany | 28,40 % |
France | 8,10 % |
Netherlands | 5,90 % |
South Africa | 4,20 % |
Asset allocation in % of the fund volume (28/03/2024) |
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---|---|
Stocks | 74,80 % |
Bonds | 24,00 % |
Cash | 1,20 % |
Investment strategy
DJE works with MSCI ESG Research, a leading international provider of environmental, social and governance (ESG) analysis and ratings. The investment universe is examined on the basis of ESG filters. The fund management of the DWS Concept DJE Responsible Invest analyzes the closer selection qualitatively and invests in what it considers to be the most promising ESG leading stocks. Excluded are companies that violate United Nations regulations on human rights, labour rights and environmental protection or that generate more than 5% of their sales through weapons, gambling, nuclear energy, power plant coal or genetically modified seeds. On the equity side, the focus is on companies that have a positive impact on society and the environment. On the bond side, the fund invests primarily in "green bonds", i.e. bonds issued by companies that meet ESG criteria. Investment in government bonds is not the focus of attention, but is possible, provided there are no exclusion criteria such as high corruption, lack of freedom of the press or weak civil rights.
Chances
- Ongoing adjustment of the portfolio to the expected market conditions for strategic risk diversification
- Participation in the growth opportunities of the equity and bond markets - no fixation on a region or a Country
- Profit from the long-term investment trend Sustainability
- Experienced fund manager with an approach based on fundamental, monetary and market analysis (FMM), enhanced by ESG filters
Risks
- Equities carry risk of stronger price declines
- No guarantee that securities of companies considered sustainable will perform above average
- Price risks of bonds with rising interest rates
- Currency risks due to foreign share
- Country, credit and liquidity risks of issuers
Target group
Der Fonds eignet sich für Anleger
- with medium to long-term investment horizon
- who are looking for flexibility in portfolio design
- who wish to orient their investment in shares and bonds towards ESG criteria
Der Fonds eignet sich nicht für Anleger
- who are not prepared to accept increased volatility
- with a short-term investment horizon
- who seek safe returns
Monthly Commentary
After a strong first quarter, the international stock markets largely went into reverse in April. The stock markets were primarily burdened by the development of US inflation. In March, the inflation rate rose to 3.5% (February: 3.1%) compared to the same month in the previous year. The US economy grew by 1.6% in the first quarter compared to the previous quarter - weaker than expected, but significantly stronger than the eurozone, whose economy grew by 0.3% and was thus able to avoid a technical recession. As a result, expectations for interest rate cuts in the US declined even further and largely changed to the view that the US key interest rate plateau would remain at the current level of 5.25 to 5.50% for the time being. For the eurozone, however, the markets continue to expect a rate cut in June. The markets were also kept on tenterhooks by Iran's attack on Israel and the Israeli response, which caused the VIX volatility index to spike to its highest level of the year and briefly pushed up the oil price. The price of gold also continued to rise. As the equity markets corrected, risk premiums for corporate bonds and US high-yield bonds widened on the bond markets and interest rates for high-quality government bonds rose. The DWS Concept DJE Responsible Invest fell moderately by -0.16% in this market environment. On the global equity market, only four sectors were able to escape the negative trend and end the month with a positive result: Basic Materials, Utilities, Energy and Food & Beverages. The weakest results came from the property, media, telecommunications and consumer goods & services sectors.
Sales prospectus and further documents
The supervisory and regulatory documents as well as the factsheet for this fund are available on the website of the investment company under the following link: DWS Concept DJE Responsible Invest LD