DWS Global Macro Fund
- DBIWX
- Price as of: Mar 03, 2021
-
$10.26
N/A N/A
- Primary Theme
- Diversified Alternatives
- Fund Company
- DWS
- Share Class
DBIWX - Snapshot
Vitals
- YTD Return 2.0%
- 3 Yr Annualized Return 6.0%
- 5 Yr Annualized Return 8.2%
- Net Assets $193 M
- Holdings in Top 10 33.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.99%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 136.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
Diversified Alternatives
- Fund Type Open End Mutual Fund
- Investment Style Multialternative
DBIWX - Profile
Distributions
- YTD Total Return 2.0%
- 3 Yr Annualized Total Return 6.0%
- 5 Yr Annualized Total Return 8.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.46%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameDWS Global Macro Fund
-
Fund Family NameDWS
-
Inception DateJul 01, 2019
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerHenning Potstada
Fund Description
The fund invests in equities (common and preferred), bonds, structured notes, money market instruments, exchange traded funds (ETFs), and cash. There are no limits on asset class exposures, provided that risk parameters are met. It may also invest in alternative asset classes (such as real estate, REITs, infrastructure, convertibles, commodities and currencies). The fund may also invest in asset backed securities, short-term securities and cash equivalents.
DBIWX - Performance
Return Ranking - Trailing
Period | DBIWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -73.0% | 13.4% | 28.14% |
1 Yr | 7.3% | -20.2% | 45.3% | 37.93% |
3 Yr | 6.0%* | -12.0% | 15.9% | 15.15% |
5 Yr | 8.2%* | -5.5% | 15.0% | 4.31% |
10 Yr | 4.9%* | -0.7% | 7.3% | 3.19% |
* Annualized
Return Ranking - Calendar
Period | DBIWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.3% | -22.7% | 305.1% | 56.29% |
2019 | N/A | -9.8% | 27.3% | N/A |
2018 | N/A | -20.8% | 10.9% | N/A |
2017 | N/A | -12.4% | 29.4% | N/A |
2016 | N/A | -10.5% | 15.8% | N/A |
Total Return Ranking - Trailing
Period | DBIWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -73.0% | 13.4% | 28.47% |
1 Yr | 7.3% | -20.2% | 45.3% | 33.79% |
3 Yr | 6.0%* | -12.0% | 15.9% | 13.26% |
5 Yr | 8.2%* | -5.5% | 15.0% | 3.88% |
10 Yr | 4.9%* | -0.7% | 7.3% | 3.19% |
* Annualized
Total Return Ranking - Calendar
Period | DBIWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.3% | -22.7% | 305.1% | 56.29% |
2019 | N/A | -9.8% | 27.3% | N/A |
2018 | N/A | -20.8% | 10.9% | N/A |
2017 | N/A | -8.4% | 29.4% | N/A |
2016 | N/A | -10.2% | 18.0% | N/A |
NAV & Total Return History
DBIWX - Holdings
Concentration Analysis
DBIWX | Category Low | Category High | DBIWX % Rank | |
---|---|---|---|---|
Net Assets | 193 M | 1.49 M | 5.1 B | 45.80% |
Number of Holdings | 114 | 4 | 4377 | 68.14% |
Net Assets in Top 10 | 22.9 M | -107 M | 2.55 B | 65.76% |
Weighting of Top 10 | 33.31% | 9.9% | 100.0% | 86.52% |
Top 10 Holdings
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
- S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
Asset Allocation
Weighting | Return Low | Return High | DBIWX % Rank | |
---|---|---|---|---|
Stocks | 51.65% | -5.86% | 93.70% | 16.61% |
Cash | 24.71% | -14547.30% | 550.79% | 46.78% |
Bonds | 19.21% | -472.40% | 14620.47% | 64.07% |
Other | 4.43% | -2.43% | 145.27% | 41.02% |
Preferred Stocks | 0.00% | -0.12% | 45.43% | 51.19% |
Convertible Bonds | 0.00% | 0.00% | 87.52% | 66.10% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DBIWX % Rank | |
---|---|---|---|---|
Technology | 21.63% | 0.00% | 100.00% | 24.82% |
Healthcare | 17.51% | 0.00% | 47.53% | 11.68% |
Communication Services | 15.53% | 0.00% | 21.78% | 4.38% |
Consumer Cyclical | 9.43% | 0.00% | 29.68% | 71.17% |
Basic Materials | 8.41% | 0.00% | 26.33% | 12.04% |
Financial Services | 7.54% | 0.00% | 58.44% | 89.78% |
Utilities | 6.55% | 0.00% | 20.17% | 10.58% |
Industrials | 6.29% | 0.00% | 24.55% | 77.74% |
Real Estate | 3.83% | 0.00% | 78.90% | 32.85% |
Consumer Defense | 3.29% | 0.00% | 16.49% | 78.83% |
Energy | 0.00% | 0.00% | 100.00% | 93.43% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DBIWX % Rank | |
---|---|---|---|---|
Non US | 42.11% | -24.99% | 42.11% | 1.69% |
US | 9.54% | -24.65% | 91.88% | 67.46% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DBIWX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 52.87% | 0.27% | 100.00% | 28.47% |
Government | 28.75% | 0.00% | 81.98% | 35.59% |
Corporate | 18.37% | 0.00% | 88.09% | 32.88% |
Derivative | 0.00% | 0.00% | 91.28% | 82.03% |
Securitized | 0.00% | 0.00% | 89.57% | 61.36% |
Municipal | 0.00% | 0.00% | 26.35% | 32.88% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DBIWX % Rank | |
---|---|---|---|---|
US | 10.65% | -136.03% | 6319.42% | 73.90% |
Non US | 8.56% | -574.50% | 8301.05% | 35.25% |
DBIWX - Expenses
Operational Fees
DBIWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.29% | 31.15% | 89.69% |
Management Fee | 0.60% | 0.00% | 2.50% | 15.44% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 5.10% |
Administrative Fee | 0.10% | 0.01% | 0.30% | 34.15% |
Sales Fees
DBIWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DBIWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DBIWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 136.00% | 0.00% | 491.00% | 50.00% |
DBIWX - Distributions
Dividend Yield Analysis
DBIWX | Category Low | Category High | DBIWX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.14% | 13.09% |
Dividend Distribution Analysis
DBIWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
DBIWX | Category Low | Category High | DBIWX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.46% | -1.93% | 6.83% | 22.68% |
Capital Gain Distribution Analysis
DBIWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
DBIWX - Fund Manager Analysis
Managers
Henning Potstada
Start Date
Tenure
Tenure Rank
May 08, 2017
3.81
3.8%
Henning Potstada, Managing Director. ■ Joined DWS in 2006. ■ Portfolio Manager for Multi Asset: Frankfurt. ■ MBA, University of Bayreuth, Germany.
Christoph-Arend Schmidt
Start Date
Tenure
Tenure Rank
May 08, 2017
3.81
3.8%
Christoph-Arend Schmidt, CFA, Vice President. ■ Joined DWS in 2008. ■ Portfolio Manager for Multi Asset: Frankfurt. ■ MBA, University of Bayreuth, Germany.
Stefan Flasdick
Start Date
Tenure
Tenure Rank
May 08, 2017
3.81
3.8%
Stefan Flasdick, Vice President. ■ Joined DWS in 2004. Prior to his current role, he served as a portfolio manager in Deutsche Bank Private Wealth Management. Previously, he served in Futures & Options Sales for Germany & Austria at JP Morgan in London and Frankfurt. He began his career as a Trainee in Treasury and F&O Sales at BfG Bank / Credit Lyonnais.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 17.28 | 4.39 | 3.67 |