About SKSRX
DWS Enhanced Commodity Strategy Fund - Class S is an actively managed mutual fund focused on achieving total return through diversified exposure to global commodity markets. The fund primarily gains commodity exposure via commodity-linked derivatives such as swaps, options, and futures, rather than investing directly in the physical commodities themselves. Its quantitative, rules-based strategy allocates across 24 commodities within five major sectors: energy, agriculture, industrial metals, livestock, and precious metals. The management team dynamically adjusts sector weights relative to the Bloomberg Commodity Index using tactical overlays, enabling them to increase or decrease market exposure and potentially reduce downside risk when commodities appear overvalued.
In addition to commodity-linked instruments, the portfolio includes a significant allocation to fixed income securities—such as U.S. Treasury notes, corporate bonds, and asset-backed securities—for liquidity, income, and collateral purposes. Cash and short-term investments also make up a notable portion. With over 270 holdings and nearly $900 million in assets under management as of the end of 2024, the fund plays a key role for investors seeking broad, tactical commodity exposure within a single, actively managed strategy.
Fund Family DWS
Category Commodities Broad Basket
Performance Rating Below Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol SKSRX
Share Class Class S
Index Bloomberg Commodity TR
SKSRX had a total return of 14.53% in the past year, including dividends. Since the fund's
inception, the average annual return has been 23.10%.
