DWS Vorsorge Rentenfonds XL Duration Cap EUR

The objective of the investment policy is to generate a return in euro. In order to achieve this, the fund invests in interest-bearing securities, convertible and warrant-linked bonds, participation and dividend-right certificates (Genussscheine), equities and equity warrants. At least 2/3 of the fund's assets are invested in bonds, convertible bonds and other fixed-rate securities or floating-rate bonds denominated in euro. To the extent market conditions allow, the duration of the overall portfolio shall be over15 years. To manage duration, the fund may employ derivative instruments, in particular interest rate swaps. No more than 25% of the fund's assets may be invested in convertible bonds and convertible debentures and warrant-linked bonds; no more than 10% may be invested in participation and dividend-right certificates (Genussscheine), equities and equity warrants. Derivative financial instruments may be used for both investment and hedging purposes. The fund may invest more than 35% of the fund's assets in government bonds issued by the Federal Republic of Germany, the French Republic and the Italian Republic. The selection of individual investments is at the discretion of the fund management. The return of the product is reflected by the daily calculated net asset value per unit and the distribution amount if applicable.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No