Deutsche Invest I Global Emerging Markets Equities
Equity Funds - Emerging Markets
April 2015
Fund Data
Investment Policy
As at 30/04/2015
Performance
Performance - Share Class LC(EUR)
(in %)
The investment objective of Deutsche Invest I
Global Emerging Markets Equities is to
achieve an above-average return. At least
70% of Sub-fund assets are invested in
equities of companies domiciled in an
emerging market or having their principal
business activities in emerging markets or
which, as holding companies, primarily hold
interests in companies domiciled in an
emerging market. The principal business
activity of a company is attributed to the
emerging markets if the company generates a
significant portion of its earnings or revenues
there.
Fund
Fund Management's Comment
For a detailed monthly commentary please
see the Flagship Fund Reporting
(www.dws.com).
Benchmark*
*Benchmark: MSCI Emerging Markets TR Net ab 27.5.13 (vorher MSCI BRIC) (RI)
Calculation of performance is based on the time-weighted return and excludes front-end fees. Individual costs such as fees, commissions and
other charges have not been included in this presentation and would have an adverse impact on returns if they were included. Past performance is
not a reliable indicator of future returns.
Cumulative Performance (in %) - Share Class LC(EUR)
1m
1y
3y
5 y s. Launch
Ytd.
3yØ
EUR
BM IN EUR
22.5
19.7
6.4
8.2
5.1
3.2
37.5
33.4
20.4
26.7
4.7
19.8
120.9
234.2
5yØ
2011
2012
2013
2014
0.9
3.7
-24.0
-20.3
4.9
12.2
-8.7
-7.3
10.0
11.0
Further Characteristics (3 years) - Share Class LC(EUR)
Volatility
13.27%
Sharpe Ratio
Alpha
0.46
-2.45%
Maximum Drawdown
-15.61%
Information Ratio
-0.47
Beta
1.09
5.52%
VAR (99%/10 days)
Correlation Coefficient
Tracking Error
0.97
3.63%
Portfolio Analysis
Breakdown by Sector (Equities)
(in % of fundvolume)
Portfolio Breakdown according to MSCI
Morningstar Style-Box™
Market Capitalization
Financials
Information Technology
Consumer Discretionary
Telecommunication Serv.
Consumer Staples
Energy
Materials
Industrials
Utilities
Not classified to MSCI
32.1
25.6
8.7
7.4
6.0
4.1
3.6
2.9
1.7
0.1
Large
Small
Growth
Blend
Investment Style
Morningstar Category™
Global Emerging Markets Equity
Ratings
FERI Fund Rating:
Lipper Leaders:
Page
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(in % of fundvolume)
Taiwan Semiconductor Manufacturing Co Ltd (Info
5.0
Samsung Electronics Co Ltd (Information Technol
4.7
Tencent Holdings Ltd (Information Technology)
3.2
Industrial & Commercial Bank of China Ltd (Financ
2.8
China Construction Bank Corp (Financials)
2.8
China Mobile Ltd (Telecommunication Serv.)
2.6
PetroChina Co Ltd (Energy)
2.2
Ping An Insurance Group Co (Financials)
2.1
China Overseas Land & Investment Ltd (Financial
1.9
Itau Unibanco Holding SA (Financials)
1.9
Total
Mid
Value
Principal Holdings (Equities)
(As at: 31/03/2015)
(E)
29.2
Gross weighting, not adjusted for any positions in
derivatives.
Gross weighting, not adjusted for any positions in
derivatives and certificates.
Breakdown by Country (Equities)
Investment Ratio
(in % of fundvolume)
China
Korea
Taiwan
India
Brazil
South Africa
Philippines
Mexico
Indonesia
Cayman Islands
Russia
Other Countries
Gross weighting, not adjusted for any positions in
derivatives.
25.0
17.1
14.0
8.5
7.2
4.9
3.4
2.9
2.6
2.6
1.8
2.2
Equities
Investment funds
Cash and other assets
(in % of fundvolume)
92.2
1.9
5.9
Deutsche Invest I Global Emerging Markets Equities
Equity Funds - Emerging Markets
April 2015
As at 30/04/2015
Portfolio Analysis
Breakdown by Currency
(in % of fundvolume)
Hong Kong dollar
South Korean won
United States dollar
Taiwan dollar - new Indian rupee
Euro
South African rand
Brasilian real
Philippines pesos
Indonesian rupiah
Other Currencies
Market Capitalization
24.6
17.0
12.2
11.2
8.7
6.2
4.9
4.7
3.4
2.6
4.5
(in % of fundvolume)
Super large caps (> 10 bn.)
Large caps (> 5 bn. < 10 bn.)
Mid caps (> 1 bn. < 5 bn.)
Others
Incl. forward exchange transactions, negative and positive figures reflect expected
currency developments.
74.2
10.3
7.6
0.1
Gross weighting, not adjusted for any positions in derivatives. The calculation is
based on Euro.
Key Figures regarding the Fund's Assets
Number of Shares
84
Cumulative Performance (in %)
1m
1y
3y
Dividend Yield (in %)
5y
s. Launch
4.6
Ø Market Cap
Ytd.
3yØ
5yØ
2011
49,430.4 Mio. EUR
2012
2013
2014
FC(EUR)
5.2
38.5
23.1
8.7
139.5
22.8
7.2
1.7
-23.4
5.7
-8.0
10.9
LC(EUR)
5.1
37.5
20.4
4.7
120.9
22.5
6.4
0.9
-24.0
4.9
-8.7
10.0
LD(EUR)
5.1
37.5
20.4
4.6
120.8
22.5
6.4
0.9
-24.0
4.9
-8.7
10.0
NC(EUR)
5.1
36.5
17.9
1.1
105.3
22.2
5.6
0.2
-24.5
4.1
-9.3
9.3
USD FC(USD)
9.2
11.6
4.4
-8.4
11.6
12.4
1.4
-1.7
-25.3
7.8
-4.1
-1.9
USD LC(USD)
9.2
10.4
1.2
-12.7
7.9
12.1
0.4
-2.7
-25.9
6.8
-4.7
-3.0
Fund Data
Portfolio Manager
Andrew Beal Sean Taylor
Portfolio Manager since
26/05/2014
Portfolio Management Company
Deutsche Asset Management (UK) Limited, (London)
Portfolio Management Location
United Kingdom
Management Company
DWS Investment S.A.
Legal Structure
Assets
784.3 Mio. EUR
Fund Currency
EUR
Launch Date
29/03/2005
Fiscal Year End
31/12/2015
Investor profile
Risk-tolerant
SICAV
Custodian
State Street Bank, Lux.
Share Classes
Share
Class
Cur.
ISIN Code
German
Sec. Code
Earnings
Front-end Load ¹ Issue Price
up to
Redemption
Price
Interim Gains
Management
Fee
Running costs
plus
performancerelated fee
Minimum
Investment
Amount
FC
EUR LU0210302369
A0D P7S
Accumulation
0.00%
239.51
239.51
0.00
0.750%
0.88%
--
400,000
LC
EUR LU0210301635
A0D P7P
Accumulation
5.00%
232.56
220.94
0.00
1.500%
1.63%
--
--
LD
EUR LU0210302013
A0D P7Q
Distribution
5.00%
224.51
213.29
0.00
1.500%
1.63%
--
--
NC
EUR LU0210302286
A0D P7R
Accumulation
3.00%
211.67
205.32
0.00
2.000%
2.33%
--
--
USD FC
USD LU0273227354
DWS 0A3
Accumulation
0.00%
111.62
111.62
0.00
0.750%
0.88%
--
400,000
USD LC
USD LU0273227784
DWS 0A2
Accumulation
5.00%
113.62
107.94
0.00
1.500%
1.63%
--
--
Address
Deutsche Asset & Wealth
Management Investment GmbH
Mainzer Landstraße 178-190
60327 Frankfurt am Main
Tel.: +49 (0) 69 / 910 - 12371
Fax: +49 (0) 69 / 910 - 19090
Internet: www.dws.com
E-Mail: [email protected]
Page
2 / 3
Note
1 Based on the gross investment.
Because of its composition or the techniques used by its managers, the fund features a high level of volatility. In other words, unit prices may
fluctuate significantly in either direction within short periods of time.
Please note that not all share classes and subfunds respectively are registered in every country.
Units issued by DWS Invest SICAV may only be sold or offered for sale in jurisdictions in which such offer or sale is permitted.
Figures subject to audit. The current sales prospectus which is legally binding for the purchase of fund units is available from your financial
consultant or DWS. The sales prospectus contains detailed information about risk. Evaluations made in this report may change at any time
whithout prior announcement. These statements are based on our assessment of the current legal and tax information.
Legal Disclaimer
Opportunities
Risks
• Equity funds: market, sector and company-specific price increases
• Bond funds: decline in yields or price increases on the bond markets
and/or a decrease in spreads on higher-interest securities
• Currency-exchange gains, if applicable
• Equity funds: market, sector and company-specific price decreases
• Bond funds: increase in yields or price decreases on the bond markets
and/or an increase in spreads on higher-interest securities
• Country risk, issuer, counterparty creditworthiness and default risk
• Use of derivative financial instruments, if applicable
• Currency-exchange risks, if applicable
• The unit price may at any time fall below the purchase price at which the
customer acquired the unit.
Investor profile: Risk-tolerant
The Fund is intended for the risk-tolerant investor who, in seeking investments that offer targeted opportunities to maximize returns, can tolerate the unavoidable,
and occasionally substaintial, fluctuations in the values of speculative investments. The high risks from volatility, as well as high credit risks, make it probable that the
fund will lose value from time to time, and expectations of high returns and tolerance of risk are offset by the possibility of incurring significant losses of capital
invested.
Lipper Leaders
© 2015 Lipper - a Thomson Reuters Company. All rights reserved. Any copying, republication or redistribution of Lipper content is expressly prohibited without the
prior written consent of Lipper. Neither Lipper, other members of the Thomson Reuters group, nor its data providers shall be liable for any errors or delays in the
content or for any actions taken in reliance thereon. Lipper performance rankings are calculated using data available at the time of calculation and may not represent
all the funds tracked by Lipper. The presentation of performance data does not constitute a recommendation to buy or sell a fund or an investment recommendation
for a specific market segment. Lipper analyzes the past performance of funds. Past results are no guarantee for the future performance of an investment fund.
Lipper and the Lipper logo are registered trademarks of Thomson Reuters.
Lipper Leaders Rating System - Ratings from 1 (lowest) to 5 (highest)
First digit = Total Return; second digit = Consistent Return; third digit = Preservation; fourth digit = Expense
Important Notice
When the custodian sets the price on the last trading day of the month there can be a difference of up to ten hours between the times at which the fund price and the
benchmark are calculated. In the event of strong market movements during this period, this may result in the over- or understatement of the Fund's performance
relative to the benchmark at the end of the month (this is referred to as the "pricing effect").
The information in this document does not constitute investment advice and is only a brief summary of key aspects of the Fund. Full details of the Fund can be found
in the Key Investor Information Document and the Prospectus, as supplemented by the latest audited annual report and the latest semi-annual report, if this report is
more recent than the last annual report. These documents constitute the sole binding basis for the purchase. They are available free of charge in electronic or
printed format from your advisor, DWS Investment GmbH, Mainzer Landstraße 178-190, D 60327 Frankfurt/Main and, for Luxembourg funds, from DWS Investment
S.A., 2, Boulevard Konrad Adenauer, L-1115 Luxembourg.
Any views expressed reflect the current assessment of DWS Investments, which may change without notice. Where information contained in this document derives
from third parties, DWS Investments accepts no liability for the accuracy, completeness or adequacy of such data, although DWS Investments only uses data that it
deems to be reliable.
The gross performance (BVI method) includes all costs incurred at the fund level (e.g. management fee), the net performance also includes the sales charge;
additional costs may be incurred at the investor level (e.g. custody costs), which are not included in the presentation. Past performance is not a reliable indicator of
future performance.
Further information on taxation can be found in the Prospectus.
The units issued under this Fund may only be offered for sale or sold in jurisdictions in which such offer or sales is permitted. The units of this Fund may not be
offered for sale or sold in the US nor for account of US citizens nor to US citizens resident in the US.
This document and the information contained therein may not be distributed in the US. The distribution and publication of this document and the offer or sale of units
may also be subject to restrictions in other jurisdictions.