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DWS Euro­zone Bonds Flex­ible

Targeted adaption

Ein Chamäleon sitzt auf einem Ast

A chamele­on among bond funds

What if your bond fund could flexibly follow the prevailing market conditions? A chameleon can change its colour depending on the temperature, time of day or mood.[1] The DWS Eurozone Bonds Flexible is similarly adaptable.

Utilising the entire spectrum

A comprehensive investment universe opens up many opportunities

Chameleon, on which six different coloured areas are marked to represent the six bond classes (government bonds, quasi-government bonds, covered bonds, corporate bonds, emerging market bonds and high-yield bonds).

Each type of bond has its merits and advantages in different market phases

Each type of bond has its justification and advantages in different market phases.[2]

The image shows schematically which types of bonds are increasingly included in the DWS Eurozone Bonds Flexible portfolio in which market phase.Exemplary illustration of an indicative portfolio allocation across different market phases.

Over­view of bond types

The DWS Eurozone Bonds Flexible changes with the market situation

Remain flexible

Actively manage duration

The fund management continuously adjusts the duration in the portfolio, particularly when market conditions change. If interest rates rise, bond prices fall and vice versa. The higher the duration of a bond, the greater the impact on the price. It is therefore important to manage this in the portfolio depending on interest rate expectations.

A stylised chameleon climbs down a sloping surface. When interest rates fall, the duration increases in order to generate price gains.A stylized chameleon climbs up a slippery slope. If interest rates rise, the duration is reduced to counteract possible losses.

Remaining flexible and taking advantage of opportunities on the bond market is the philosophy behind DWS Eurozone Bonds Flexible.

Flex­ib­il­ity - DWS Euro­zone Bonds Flex­ible

25/04/2025

After years in the background, bond markets are back in the limelight of investors.

04:12

DWS Eurozone Bonds Flexible LD

  • ISIN: DE0008474032
ISIN
DE0008474032
Category
Bond Funds
Currency
EUR
Morningstar rating, as of: 30/12/2025
Product detail page

Per­form­ance

13/02/2026

Cumulative performance. Past performance is not indicative of future returns.

Fund de­tails of DWS Euro­zone Bonds Flex­ible LD

Risks[4]

  • Rise in yields or price losses on the bond markets and/or increase in yield premiums on higher-yielding securities
  • Country risk, issuer risk, counterparty credit risk and default risk
  • Possible use of derivative financial instruments
  • Exchange rate risks, if applicable
  • The unit value may fall below the purchase price at which the customer acquired the unit at any time.
  • The fund invests in financial instruments that are generally sufficiently liquid but may not be liquid under certain circumstances. This means that regular trading may be temporarily disrupted or impossible.

Thematic world bonds

No content available

105124 (03/2025)