DWS Top Portfolio Offensiv
Open Ended Investment Company domiciled in Germany
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The objective of the investment policy is to achieve the highest possible appreciation of capital. In order to achieve this, the fund invests in interestbearing securities, equities, certificates, funds and cash. A minimum of 60% of the investment fund’s assets must be invested in equities, equity funds or equity certificates. Up to 40% of the investment fund’s assets may be invested in interestbearing securities such as government bonds, corporate bonds or convertible bonds of domestic and foreign issuers, in certificates on bonds or bond indices, or in bond funds. Of this portion, at least 51% of the corresponding investment ratio must be invested in securities that are denominated in or hedged against the euro and issued by issuers who have investment grade status at the time the securities are purchased. Up to 10% of the investment fund’s assets may be invested in certificates on commodities and commodity indices. Up to 40% of the investment fund's assets may be invested in money market instruments, in money market funds and in money market funds with a short maturity structure or in cash. The selection of the individual investments is at the discretion of the fund management. The fund is subject to various risks. A more detailed description of risks can be found under ‘Risks’ in the sales prospectus. The currency of DWS Top Portfolio Offensiv is EUR. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares on each valuation day. The redemption may only be suspended in exceptional cases taking into account your interests as an investor.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
5
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 21/09/202072.34
Morningstar categoryEUR Dynamic Allocation - Global
CurrencyEUR
Distribution statusAccumulating
ISINDE0009848010
Inception Date13/01/2000
Minimum initial amount100.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.54% of which 0.35% is paid to MeDirect
Fund management company
AddressDWS Investment S.A. 2, Boulevard Konrad Adenauer 1115 Luxembourg Luxembourg 1115 Luxembourg
Manager NameGerrit Rohleder
Manager Start Date15/07/2013
Websitewww.dws.lu
Total Net Assets (mil)834.43 EUR (31/08/2020)
UCITSYes
AdministratorDWS Investment GmbH

Documents

Prospectus
en 01/07/2020
Morningstar Report
22/09/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year0.75%21/09/2020
3 years3.33%21/09/2020
5 years4.01%21/09/2020
10 years8.19%21/09/2020
Since launch2.01%21/09/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-3.94
1 month-0.59
3 months1.37
6 months23.40
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-16.93%13.17%--
201910.37%0.30%3.12%5.08%
2018-4.18%4.54%1.47%-9.81%
20172.26%-2.00%1.89%3.59%
2016-5.95%-0.76%3.01%7.38%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock74.22%0.10%74.12%
Bond20.60%0.02%20.58%
Cash2.63%1.75%0.88%
Other4.41%0.00%4.41%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
17.4412.4911.70
Sharpe Ratio
0.430.460.43
Sortino Ratio
0.590.630.62
Positive Months9.0025.0037.00
Negative Months3.0011.0023.00
Worst Month-11.29-11.29-11.29
World Regions
Region%
United States31.69
Eurozone21.79
Europe - ex Euro6.14
Asia - Emerging4.07
Japan2.85
United Kingdom2.36
Canada1.65
Australasia1.57
Asia - Developed1.57
Europe - Emerging0.21
Latin America0.11
Africa0.05
Middle East0.02
Stock Sector Weighting
Sector% of Equity
Technology13.11
Financial Services11.05
Industrials9.94
Consumer Cyclical
8.03
Healthcare7.32
Communication Services6.66
Consumer Defensive
5.43
Basic Materials5.16
Utilities3.12
Real Estate2.03
Energy2.02
Top 10 Holdings
HoldingSectorCountry% of Assets
Deutsche Managed Euro Fund Z-Class Ireland3.49
United States Treasury Notes 2.38% 31/12/2020United States3.30
iShares JP Morgan ESG $ EM Bd ETF USDAcc Ireland1.66
Microsoft Corp TechnologyUnited States1.60
Xtrackers II $ Emerging Mkts Bd ETF 2D $ Luxembourg1.57
Mastercard Inc A Financial ServicesUnited States1.46
L'Oreal SA Consumer DefensiveFrance1.45
Italy (Republic Of) 4.5% 01/05/2023Italy1.45
Alphabet Inc A Communication ServicesUnited States1.45
iShares Automation&Robotics ETF USD Acc Ireland1.44
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
72.34
Closing Price
All key information and documents must be reviewed before being able to Invest.