InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. DWS Strategic Value Enhanced Liquidity - Managed fund profile

DWS Strategic Value Enhanced Liquidity - Managed Fund (Closed)

Fund Objective
The investment objective of the Fund is to allow investors to invest in a way which exposes their investment to the performance of the Underlying Fund without the investor or the Fund actually owning a legal or beneficial interest in the Underlying Fund.
Fund Strategy
The Fund will generally have the following asset allocation ranges: Long/short equity (Min 20% - Max 50%), Relative Value (Min 20% - Max 60%), Event Driven (Min 0% - Max 40%), Cash (Min 0% - Max 5%).

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 1.68% 1.51% 1.38% 5.54% -% -% -% -%
Growth return 1.68% 1.51% 1.38% 5.54% -% -% -% -%
Income return 0% 0% 0% 0% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.36% 1.07% 2.15% 4.21% 3.33% 2.23% 1.56% 1.82%
As at 30 Apr 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
19.95%
Australian Equities
5.98%
International Equities
9.98%
Cash
46.42%
Property
2.07%
Fixed Interest
15.60%

General Information

Fund Details
Type Description
DWS Strategic Value Enhanced Liquidity
Closed
Deutsche Bank Australia
MGL0024AU
Alternative - Other
Not Rated
Investment Fund
23 Jun 2008
$0.1 million (as at 31 Mar 2010)
$0.9605 (as at 31 May 2010)
$0.9605 (as at 31 May 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.10% (as at 30 Jun 2009)
Minimum initial investment $25,000
Minimum additional investments $1,000.00

FAQs about the DWS Strategic Value Enhanced Liquidity

The objective of the DWS Strategic Value Enhanced Liquidity managed fund is The investment objective of the Fund is to allow investors to invest in a way which exposes their investment to the performance of the Underlying Fund without the investor or the Fund actually owning a legal or beneficial interest in the Underlying Fund.

The strategy of the DWS Strategic Value Enhanced Liquidity managed fund is The Fund will generally have the following asset allocation ranges: Long/short equity (Min 20% - Max 50%), Relative Value (Min 20% - Max 60%), Event Driven (Min 0% - Max 40%), Cash (Min 0% - Max 5%).

The APIR code of the DWS Strategic Value Enhanced Liquidity managed fund is MGL0024AU.

DWS Strategic Value Enhanced Liquidity’s total return last month was 1.68%. This was made up of a growth return of 1.68% and an income return of 0%. These returns were calculated as at 30 Apr 2010.

DWS Strategic Value Enhanced Liquidity’s total return for the last three months was 1.51%. This was made up of a growth return of 1.51% and an income return of 0%%. These returns were calculated as at 30 Apr 2010.

DWS Strategic Value Enhanced Liquidity’s one-year total return is 5.54%. This was made up of a growth return of 5.54% and an income return of 0%. These returns were calculated as at 30 Apr 2010.

DWS Strategic Value Enhanced Liquidity’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 30 Apr 2010.

The asset allocation of the DWS Strategic Value Enhanced Liquidity managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

The Responsible Entity for the DWS Strategic Value Enhanced Liquidity managed fund is Deutsche Bank Australia.

The DWS Strategic Value Enhanced Liquidity managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Mar 2010, the size of the DWS Strategic Value Enhanced Liquidity managed fund was $0.1 million.

The DWS Strategic Value Enhanced Liquidity managed fund has an inception date of 23 Jun 2008.

The current entry price of the DWS Strategic Value Enhanced Liquidity managed fund is $0.9605 per unit and the current exit price is $0.9605 per unit (as at 31 May 2010).

The current exit price of the DWS Strategic Value Enhanced Liquidity managed fund is $0.9605 per unit and the current entry price is $0.9605 per unit (as at 31 May 2010).

The minimum initial investment amount for the DWS Strategic Value Enhanced Liquidity managed fund is $25,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.