DWS Global Macro Fund

Snapshot

Compare

Profile

Performance

DBIWX - Snapshot

Vitals

YTD Return -0.1%
3 Yr Annualized Return 2.2%
5 Yr Annualized Return 4.6%
Net Assets $181 M
Holdings in Top 10 37.2%

52 WEEK LOW AND HIGH

$9.88

$8.55

$10.07

Expenses

OPERATING RELATED FEES

Expense Ratio 1.82%

SALES FEES

Front Load N/A
Deferred Load N/A

BROKERAGE FEES

Turnover 41.00%

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

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Blackstone Alternative Multi-Strategy Fund

Fund

$10.26

+0.10%

$5.41 B

2.05%

$0.21

-3.93%

Goldman Sachs Absolute Return Tracker Fund

Fund

$9.78

+0.31%

$3.25 B

1.18%

$0.12

1.45%

BNY Mellon Global Real Return Fund

Fund

$16.40

0.00%

$2.88 B

2.17%

$0.36

7.12%

BlackRock Systematic Multi-Strategy Fund

Fund

$10.10

+0.10%

$2.66 B

0.95%

$0.10

2.23%

Catalyst/Millburn Hedge Strategy Fund

Fund

$30.80

+0.72%

$2.58 B

5.25%

$1.60

-4.76%

DBIWX - Profile

Distributions

YTD Total Return -0.1%
3 Yr Annualized Total Return 2.2%
5 Yr Annualized Total Return 4.6%
Capital Gain Distribution Frequency N/A
Net Income Ratio 1.55%

DIVIDENDS

Dividend Yield 3.2%
Dividend Distribution Frequency Annually

Fund Details

Legal Name

DWS Global Macro Fund
Fund Family Name

DWS
Inception Date

Jul 01, 2019
Shares Outstanding

N/A
Share Class

Retirement
Currency

USD
Domiciled Country

United States
Manager

Henning 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	-0.1%	-27.9%	299.1%	61.09%
1 Yr	-2.7%	-28.9%	23.3%	65.99%
3 Yr	2.2%*	-18.0%	9.6%	26.22%
5 Yr	4.6%*	-10.5%	9.2%	5.60%
10 Yr	4.8%*	-0.4%	4.8%	1.06%

* Annualized

Return Ranking - Calendar

Period	DBIWX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	N/A	-10.2%	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
2015	N/A	-22.0%	6.0%	N/A

Total Return Ranking - Trailing

Period	DBIWX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	-0.1%	-27.9%	299.1%	61.09%
1 Yr	-2.7%	-28.9%	23.3%	57.14%
3 Yr	2.2%*	-18.0%	9.6%	23.97%
5 Yr	4.6%*	-10.5%	9.2%	4.74%
10 Yr	4.8%*	-0.4%	4.8%	1.06%

* Annualized

Total Return Ranking - Calendar

Period	DBIWX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	N/A	-10.2%	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	-5.9%	18.0%	N/A
2015	N/A	-22.0%	9.2%	N/A

NAV & Total Return History

DBIWX - Holdings

Concentration Analysis

	DBIWX	Category Low	Category High	DBIWX % Rank
Net Assets	181 M	1.32 M	5.41 B	43.49%
Number of Holdings	118	4	3106	68.35%
Net Assets in Top 10	12.5 M	-80.3 M	2.69 B	77.78%
Weighting of Top 10	37.20%	8.3%	100.0%	76.26%

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	42.97%	-24.27%	208.15%	21.55%
Cash	29.29%	-16955.40%	429.28%	41.08%
Bonds	22.25%	-340.68%	17034.14%	57.91%
Other	4.91%	-13.08%	86.82%	47.47%
Convertible Bonds	0.57%	0.00%	87.59%	24.92%
Preferred Stocks	0.00%	-0.12%	52.62%	57.58%

Stock Sector Breakdown

	Weighting	Return Low	Return High	DBIWX % Rank
Healthcare	25.33%	0.00%	60.64%	3.64%
Technology	21.38%	0.00%	100.00%	29.45%
Communication Services	16.92%	0.00%	23.22%	3.64%
Consumer Cyclical	8.02%	0.00%	26.84%	81.09%
Real Estate	5.70%	0.00%	78.90%	25.09%
Financial Services	5.58%	0.00%	60.67%	90.91%
Utilities	4.77%	0.00%	12.26%	27.27%
Basic Materials	3.93%	0.00%	25.74%	52.00%
Consumer Defense	3.91%	0.00%	20.71%	73.45%
Industrials	3.46%	0.00%	22.91%	86.91%
Energy	0.99%	0.00%	100.00%	78.91%

Stock Geographic Breakdown

	Weighting	Return Low	Return High	DBIWX % Rank
Non US	36.28%	-23.77%	45.04%	1.01%
US	6.69%	-15.91%	208.15%	69.70%

Bond Sector Breakdown

	Weighting	Return Low	Return High	DBIWX % Rank
Cash & Equivalents	53.56%	0.49%	100.00%	28.62%
Government	28.36%	0.00%	97.04%	36.03%
Corporate	18.08%	0.00%	83.91%	32.66%
Derivative	0.00%	0.00%	89.73%	81.48%
Securitized	0.00%	0.00%	87.39%	66.33%
Municipal	0.00%	0.00%	25.47%	43.43%

Bond Geographic Breakdown

	Weighting	Return Low	Return High	DBIWX % Rank
US	12.42%	-51.16%	17003.70%	65.32%
Non US	9.83%	-333.21%	168.86%	24.58%

DBIWX - Expenses

Operational Fees

	DBIWX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	1.82%	0.29%	31.15%	58.68%
Management Fee	0.60%	0.00%	2.50%	14.14%
12b-1 Fee	0.00%	0.00%	1.00%	6.29%
Administrative Fee	0.10%	0.01%	0.30%	30.86%

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	41.00%	0.00%	496.00%	19.77%

DBIWX - Distributions

Dividend Yield Analysis

	DBIWX	Category Low	Category High	DBIWX % Rank
Dividend Yield	3.16%	0.00%	3.98%	1.97%

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	1.55%	-1.83%	6.83%	28.13%

Capital Gain Distribution Analysis

	DBIWX	Category Low	Category High	Capital Mode
Capital Gain Distribution Frequency		Annually	Annually	Annually

Dividend Payout History

Date	Amount
Dec 05, 2019	$0.313

View More +

DBIWX - Fund Manager Analysis

Managers

Henning Potstada

Start Date

Tenure

Tenure Rank

May 08, 2017

3.48

3.5%

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

3.48

3.5%

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

3.48

3.5%

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
0.04	16.96	4.34	3.34

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DWS Global Macro Fund

DBIWX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

DBIWX - Profile

Distributions

Fund Details

Fund Description

DBIWX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

DBIWX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

Bond Sector Breakdown

Bond Geographic Breakdown

DBIWX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

DBIWX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

DBIWX - Fund Manager Analysis

Managers

Henning Potstada

Christoph-Arend Schmidt

Stefan Flasdick

Tenure Analysis

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