Key information
The DWS Concept DJE Responsible Invest is a mixed 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: | Balanced Funds Flexible - World |
| VG/KVG: | DWS Investment S.A. |
| Fund Manager: | DJE Kapital AG |
| Risk Category: | 5 |
| 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 (17/01/2022): | 47,28 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 (17/01/2022)
| Morningstar*: |
|
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Awards: FNG Award 2022 Awarded with 1 (of 3) Stars by Forum Nachhaltige Geldanlagen (Forum Sustainable Investments) |
no esg data available
Perfomance Chart
Performance in Percent
Risk metrics |
|
|---|---|
| Standard Deviation (2 years): | 15,46 % |
| Tracking Error (1 years): | - |
| Value at Risk (99% / 20 days): | -9,66 % |
| Maximum Drawdown (1 year): | -7,38 % |
| Sharpe Ratio (2 years): | 0,57 |
| Correlation (1 years): | - |
| Beta (1 years): | - |
| Treynor Ratio (1 years): | - |
Top Country Allocation (30/11/2021) |
|
|---|---|
| Germany | 27,50 % |
| United States | 17,70 % |
| France | 9,50 % |
| Other Countries | 9,20 % |
| Denmark | 8,50 % |
Asset Allocation (30/11/2021) |
|
|---|---|
| Stocks | 82,50 % |
| Bonds | 16,40 % |
| Cash | 1,10 % |
Investment approach
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
Monthly Commentary
Most international stock markets performed well in December, more than compensating their losses from previous month. In seasonal terms the stock markets benefited from a good end-of-year development following the price slump from the end of November. The dominant theme of December was the change in monetary policy by the U.S. Federal Reserve (Fed) in view of the further sharp rise in inflation. As a result most market participants expect three U.S. interest rate steps in 2022. As a result high-quality government bonds lost ground, while the price of the troy ounce of gold recovered slightly. In December all sectors of the global stock market developed positively except automobiles and retail. The highest price gains were recorded by sectors personal care & pharmaceuticals, food & beverages, basic materials and healthcare. In this market environment the price of DWS Concept DJE Responsible Invest increased by 2.82%. The fund benefited in December mainly from its positions in the Munich-based technology group Allgeier (software, IT services), the Danish brewery group Carlsberg and the French electrical engineering company Schneider Electric. On the other hand, the results of Swiss drug distributor Zur Rose, Chinese wind turbine manufacturer Xinjiang Goldwind and Swedish-Canadian mining company Lundin Mining were particularly disappointing. At the end of the month titles denominated in U.S. and Hong Kong dollars were partially currency-hedged.
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Fund reporting
Prospectus & Reports
Figures subject to revision by the auditors on the reporting dates. The published information does not constitute investment advice or a recommendation, but only provides a brief summary of the key features of the fund. The current sales documents (Key Investor Information Document, prospectus, annual report and - if the annual report is older than eight months - the semi-annual report) for the respective investment funds form the sole basis for the purchase of securities. The sales documents are available at no charge at the respective fund company, the distribution company or at www.dje.de.
All data and estimates are indicative and may change at any time. This information is based on our assessment of current legal and tax regulations. The data were carefully compiled, but no guarantee can be given for the accuracy of such information. All data are subject to change.
The performance is calculated using the BVI (Bundesverband Investment und Asset Management e.V.) method, i.e. without taking into account the subscription fee. Individual expenses such as fees, commissions and other charges are not taken into account in the data and would have a detrimental effect on the performance if they were. The subscription fees payable reduce the invested capital as well as the performance depicted. Data on past performance are not a reliable indicator of future performance.
The tax treatment depends on the individual circumstances of the investor and may be subject to change. Please see the prospectus for more detailed tax information.
In connection with brokering fund units, the Dr. Jens Ehrhardt Group and its distribution partners may receive reimbursements from costs charged to the funds by the investment companies in accordance with the respective prospectuses.
The units of this fund that are issued may only be sold or offered for sale in jurisdictions in which such offer or sale is permitted. Therefore the units of this fund may not be offered for sale or sold in the USA, or offered for sale or sold to or for the account of US citizens or US persons resident in the USA.
This document and the information it contains may not be distributed in the USA. The distribution and publication of this document and the offer or sale of units may also be subject to restrictions in other jurisdictions.
The management company of the fund is DWS Investment S.A. Distributor is DWS Investment GmbH and the DJE Kapital AG. A summary of investors' rights can be obtained free of charge in English in electronic form at www.dws.com/footer/legal-resources/. The funds described in this marketing document may have been notified for distribution in different EU Member States. Investors' attention is drawn to the fact that the relevant management company may decide to withdraw the arrangements it has made for the distribution of the units of its funds in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU.