Risk Considerations

Investors should note that Deutsche Invest Funds are generally not capital protected or guaranteed and investors in each Deutsche Invest Funds should be prepared and able to sustain losses up to the total capital invested. The value of an investment in a Deutsche Invest Funds may go down as well as up and past performance is not a reliable indicator of future results. Investment in any Deutsche Invest Funds involves numerous risks, for a list of related risks please click here.

ALERT!

Deutsche Bank has received reports that the Deutsche Bank name and brand are being misused to facilitate an investment fraud scam, whereby members of the public receive calls from someone purporting to be a Deutsche Bank DWS Global Wealth Management employee offering minimum £10,000 investments in a one year DWS Corporate Bond offering high rates of return. The fraudsters are using names, telephone numbers and email addresses not affiliated to Deutsche Bank.
If you have concerns then please contact Deutsche Bank via our switchboard. If you have been the victim of fraud then please report the matter to the Police, via Action Fraud reporting line on 0300 123 2040.

DWS Invest Global Bonds IC

ISIN: LU1054333791Price by date: 18/10/2019Issue price: 99.96
 Currency: EURRedemption price: 99.96

From January 3, 2018, on, investment firms which engage in investment services under the Directive 2014/65/EU (Markets in Financial Instruments Directive – „MiFID II“) have to comply with certain new requirements for the distribution of investment funds under the respective national implementation laws in the individual Member States of the European Union.

As part of the new rules, investment firms are required to identify or review and refine, as the case may be, the target market for each financial instrument they distribute. This means that they have to specify the type(s) of client for whose needs, characteristics and objectives the financial instrument is compatible. Further, MiFID II introduces new cost disclosure requirements which aim at increasing cost transparency for investors on a quantitative as well as on a qualitative level. Accordingly, investment firms have to disclose all relevant costs to the client; i.e. those relevant to the investment service and those relevant to the product. The costs have to be aggregated and provided ex-ante (i.e. before the client purchases a product) as well as ex-post, as the case may be, during the lifetime of the investment on at least a yearly basis.

The asset management companies pertaining to DWS support this process by delivering relevant data to the investment firms to enable them to fulfil their new legal obligations. To provide an enhanced level of transparency, the target market and material product cost related MiFID II data are additionally displayed here below with regard to the relevant investment fund.

Important Notes:
The following data is provided on a voluntary basis only and may as such, without further explanations and additional information, i.e. in particular the information contained in the relevant sales documentation of the investment fund (e.g. fund prospectus, KIID) not be sufficient or suitable to assist a potential investor in taking an informed investment decision. It is therefore recommended that investors also carefully read the sales documentation prior to any potential investment decision, and, in particular in case of any questions, consult their investment advisor.

The information on ongoing product costs may deviate from the cost data contained in the relevant sales documentation of the investment fund (e.g. the KIID). The reason for this is that the requirements to display ongoing costs and charges at product level pursuant to the new MiFID II regulations go beyond the existing disclosure regulations applicable to the asset management companies under their relevant regulatory frameworks (i.e. the UCITS Directive or the AIFM Directive and their respective national implementation laws). For example, the estimated transaction costs of an investment fund are not part of the description of the ongoing costs in the relevant KIID established by the management company. Under MiFID II, an investment firm will however have to disclose such costs as part of the costs of the product in good time prior to a potential investor’s investment decision. Thus, the ongoing costs related to the product displayed here below as “total ongoing costs of the product” may, due to differences in the calculation and disclosure methodology, deviate from the sales documentation of the fund.

DWS does not accept any responsibility or liability whatsoever in relation to the data except in case of gross negligence or wilful misconduct.

Target Market1

Type of clientProfessional,
Eligible Counterparty
Knowledge & experienceBasic,
Informed,
Advanced
Ability to bear lossesInvestor can tolerate losses (up to the total invested amount)
Risk indicator (PRIIPS methodology)2
Risk indicator (UCITS methodology)2
Client objectivesGrowth,
Income
Minimum time horizonMedium Term (3 - 5 years)

Costs & Charges

Total ongoing costs of the product0.704% p.a.
thereof ongoing costs0.401% p.a.
thereof transaction costs0.303% p.a.
thereof incidental costs (performance fee)20.000% p.a.
As of: 14.03.2019