About DBIVX
DWS Global Macro Fund - Class S is an alternative mutual fund that employs a macro trading strategy, aiming to achieve attractive total returns by dynamically allocating capital across a wide range of global asset classes. The fund invests in equities, bonds, structured notes, money market instruments, exchange-traded funds, and cash, with the flexibility to include exposure to commodities, currencies, and alternative asset types such as real estate and infrastructure. There are generally no restrictions on asset class exposures, provided risk parameters are met, allowing the fund to adjust allocations based on its outlook for global economic conditions, government policies, and market trends. Notable features include a disciplined, risk-managed approach and consideration of environmental, social, and governance (ESG) factors in the investment process. The ability to take both long and short positions and use derivatives enables the fund to seek returns that are not closely correlated with traditional market indexes, making it a potentially useful portfolio diversifier, especially during periods of heightened market volatility. Managed by DWS since 2005, the fund has a history of adapting to changing market environments while focusing on capital preservation and appreciation for investors in a constantly evolving financial landscape.
Fund Family DWS
Category Macro Trading
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol DBIVX
Share Class Class S
Index ICE BofA U.S. T-Bills 0-3 Months TR
DBIVX had a total return of 16.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.08%.