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 |
VG/KVG: | DWS Investment S.A. |
Fund Manager: | 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: | |
Financial Year: | 01.01. - 31.12. |
Launch Date: | 07/04/2004 |
Fund currency: | |
Fund Size (27/03/2024): | 35,81 Mio |
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 (27/03/2024)
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
- 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
Risk metrics (27/03/2024) |
|
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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): | - |
Top Country Allocation (31/01/2024) |
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United States | 35,70 % |
Germany | 31,60 % |
France | 7,90 % |
Netherlands | 5,70 % |
South Africa | 4,00 % |
Asset Allocation (31/01/2024) |
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Stocks | 74,10 % |
Bonds | 24,90 % |
Cash | 1,00 % |
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
Monthly Commentary
In February, the stock markets retained their momentum from the previous month and developed very positively. A key performance driver behind this was the ongoing enthusiasm in the markets around the topic of artificial intelligence. In addition, there were predominantly good quarterly figures, robust data from the US labor market and increased purchasing managers' indices in the USA, which signal an expansionary economy. However, US inflation data was higher than expected, so the US Federal Reserve still had no reason to cut key interest rates. In the euro area, inflation continued to fall, and only the purchasing managers' index for services left recessionary territory. However, its counterpart for the manufacturing sector fell even lower. Experts believe that the ECB's first key interest rate cut is possible in June. It was noticeable on the bond markets that expectations of interest rate cuts were premature at the beginning of the year. Yields on high-quality government and corporate bonds rose noticeably. 10-year German government bonds yielded 25 basis points higher at 2.41% and their US counterparts yielded 34 basis points higher at 4.25%. The DWS Concept DJE Responsible Invest gained 0.52% in this market environment. Most sectors within the global stock index MSCI World performed positively. The largest increases came from the retail, automotive, media and technology sectors. In contrast, the basic materials, telecommunications and food & beverage sectors developed negatively.
The source of all information and responsibility for its content and preparation lies with DJE Kapital AG, unless otherwise stated. The Management Company and Distributor of the Fund is DWS Investment GmbH. The statements contained in this document reflect the current assessment of DJE Kapital AG. The opinions expressed are subject to change without notice. All information in this overview has been provided with due care in accordance with the state of knowledge at the time of preparation. However, no guarantee or liability can be assumed for the correctness and completeness.
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