Important security note: Warning of attempted fraud in the name of DWS
We have detected that fraudulent individuals are misusing the "DWS" trademark and the names of DWS employees on the internet and social media. These fraudsters are operating fake websites, Facebook pages, WhatsApp groups and Mobile Apps. Please be aware that DWS does not have any Facebook Ambassador profiles or WhatsApp chats. If you receive any unexpected calls, messages, or emails claiming to be from DWS, exercise caution and do not make any payments or disclose personal information. We encourage you to report any suspicious activity to info@dws.com, including any relevant documents and the original fraudulent email. Additionally, if you believe you have been a victim of fraud, please notify your local authorities and take steps to protect yourself.
Infrastructure is what connects us
Whether visible, like roads and bridges, or invisible, like data lines and digital networks, infrastructure creates connections. It enables mobility, communication and supply. Without it, modern societies would be inconceivable.
Infrastructure is the backbone of our everyday lives: it brings people together, promotes innovation and keeps the economy and society moving. In an increasingly connected world, infrastructure is more than ever the key to progress, resilience and cohesion.
Why infrastructure is so important
Long-term trends and a steadily growing need for investment are shaping global infrastructure development. Many countries are struggling with outdated structures resulting from years of underinvestment. Worldwide, the investment requirement is estimated at around 94 trillion USD[1] – [1] – a clear sign of the urgency of comprehensive modernisation measures..
The need for investment in infrastructure is mainly driven by the following trends:
Population growth
Growth of population is leading to an increasing demand for housing, energy, water and mobility.
Urbanisation
More and more people are moving to cities – which is why, for example, efficient transport networks, sewage systems and digital infrastructure are needed.
New technologies
Digitalisation requires the development of complex digital infrastructures.
Increasing mobility
The expansion and modernisation of transport infrastructure is crucial to meeting the growing demand for mobility services.
Security of supply
A reliable supply of electricity, water and internet forms the basis for functioning societies.
Focus on infrastructure owners and operators
Infrastructure investments are relatively independent of economic cycles. The demand for networks for transporting electricity, data and other resources remains essentially stable despite price fluctuations.
What makes investing in infrastructure companies special?
Real Assets
Inelastic demand
Monopolistic Markets
Relatively solid returns
Market access and investments
Governments alone are not able to finance the enormous sums required, for example from tax revenues. Private investors must therefore be mobilised to supplement government budgets.
Risks[4]
The performance of the sub-fund is predominantly determined by the following factors, which have both upside and downside potential:
performance of international equity markets;
company- and sector-specific developments;
changes in the exchange rates of non-euro currencies against the euro.
The sub-fund's investments may focus on different sub-sectors, countries and market segments for a given variable period.
In addition, derivatives may be used. These investments are also associated with further opportunities and risks.
- Stronger regulation in the infrastructure sector worldwide.
- Weakening of underlying trends (urbanization / mobile data usage / higher transport demand of people and goods or energy).
- Concentration risk: Due to the focus on equities in the infrastructure sector, diversification within the fund is limited.
- The share value may at any time fall below the purchase price at which the customer acquired the unit.