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 inception
Key information
| ISIN: | LU2018822143 |
| WKN: | A2PLLX |
| 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: | 08/08/2019 |
| Fund currency: | EUR |
| Fund Size (05/08/2022): | 40,55 Mio EUR |
| Ongoing Charges p.a. (31/12/2020): | 0,74 % |
| Reference Index: | |
Fees
| All-in fee p.a.: | 0,70 % |
Ratings & Awards (05/08/2022)
|
Awards: FNG Award 2022 Awarded with 1 star (of 3) by Forum Nachhaltige Geldanlagen (Forum Sustainable Investments) |
no esg data available
Perfomance Chart
Performance in Percent
Risk metrics |
|
|---|---|
| Standard Deviation (2 years): | 11,05 % |
| Tracking Error (1 years): | - |
| Value at Risk (99% / 20 days): | -7,02 % |
| Maximum Drawdown (1 year): | -19,01 % |
| Sharpe Ratio (2 years): | 0,31 |
| Correlation (1 years): | - |
| Beta (1 years): | - |
| Treynor Ratio (1 years): | - |
Top Country Allocation (30/06/2022) |
|
|---|---|
| United States | 25,10 % |
| Germany | 21,10 % |
| Other Countries | 14,70 % |
| Netherlands | 5,90 % |
| Denmark | 5,60 % |
Asset Allocation (30/06/2022) |
|
|---|---|
| Stocks | 74,40 % |
| Bonds | 22,50 % |
| Cash | 3,00 % |
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
- Experienced fund manager with an approach based on fundamental, monetary and market analysis (FMM), enhanced by ESG filters
- Profit from the long-term investment trend Sustainability
- Participation in the growth opportunities of the equity and bond markets - no fixation on a region or a Country
Risks
- Currency risks due to foreign share
- No guarantee that securities of companies considered sustainable will perform above average
- Price risks of bonds with rising interest rates
- Country, credit and liquidity risks of issuers
- Equities carry risk of stronger price declines
Monthly Commentary
In June the stock markets suffered again heavy losses - with the exception of China and Hong Kong. Persistently high inflation put pressure on the stock markets from two sides: As part of its increasingly restrictive monetary policy, the U.S. Federal Reserve raised its key interest rates by 75 basis points to the range of 1.50 to 1.75% in order to curb inflation in the United States. Meanwhile, the ECB has also announced its departure from the zero interest rate policy. Inflation also weighed on consumer sentiment and the mood of purchasing managers. This is also likely to have an impact on the beginning reporting season for the second quarter, where only very cautious profit and sales forecasts are expected. Bond markets reacted to monetary policy and the continuing tense geopolitical situation and experienced a very volatile month with yields rising slightly in the end. The gold price came under pressure in view of the appreciating US dollar and rising bond yields. On the international stock markets, all sectors without exception performed negatively in June. The sectors with the highest price losses were basic materials, energy, chemicals, and financial institutions and media. Relatively the best performing sectors, i.e. with the smallest discounts, were healthcare, personal care & pharmaceuticals and food & beverages. In this market environment the price of the DWS Concept DJE Responsible Invest fell by -5.54%. In June the fund benefited, among others, from its positions in technology investor Prosus (Netherlands) and IT companies Alibaba and JD.com (online trading platforms; both China). On the other hand, the three German companies Aurubis (copper production), Zalando (online mail order) and Compleo Charging Solutions (charging solutions for electric vehicles) performed particularly disappointing. At the end of the month, prices denominated in US and Hong Kong dollars were partially currency-hedged.
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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 GmbH 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.