NEW YORK--(BUSINESS WIRE)--Deutsche Asset & Wealth Management (Deutsche AWM) today announced the launch of Deutsche CROCI US Fund (tickers: Class A - DCUAX, Class C - DCUCX, Class S - DSUSX, and Class Institutional - DSUIX) (the Fund). The Fund is the fourth US mutual fund offered by Deutsche AWM that leverages the Bank’s award-winning Cash Return On Capital Invested (CROCI) valuation methodology.
"This innovative addition to the CROCI platform offers investors a compelling opportunity to gain exposure to S&P 500 companies with real ‘economic value’ measured by our proprietary valuation methodology,” said Joe Hall, Head of CROCI in the Americas. “This product is yet another example of Deutsche AWM’s ability to create unique, systematic investment strategies for our clients.”
The Fund seeks long-term growth of capital by selecting stocks of companies that offer “economic value,” utilizing the CROCI methodology. Economic value is measured using the CROCI P/E. The fund invests in approximately 40 common stocks (excluding financial companies) in the CROCI database selected from the S&P 500 Index. The Fund is managed by Di Kumble, Senior Portfolio Manager and Head of Tax Managed Equities for Deutsche AWM.
With nearly 20 years of history, the CROCI database consists of economic data for approximately 830 companies, covered by a team of over 50 analysts, on a global basis. There are approximately USD 14.8 billion in assets globally invested in CROCI strategies, with more than USD 3.6 billion in the US as of March 31, 2015.
Deutsche CROCI US Fund is a registered mutual fund under the Investment Company Act of 1940. Deutsche Investment Management Americas Inc. (DIMA) is the Fund’s investment advisor and DWS Investments Distributors, Inc. is the Fund’s distributor.
For further information, please call:
Deutsche Bank AG Press & Media Relations
Catherine Wooters
Phone:
+1 (212) 250-2790
E-Mail: catherine.wooters@db.com
Deutsche Asset & Wealth Management
With USD 1.25 trillion of assets under management (as of March 31, 2015), Deutsche Asset & Wealth Management¹ is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.
¹ Deutsche Asset & Wealth Management is the brand name of the Asset Management and Wealth Management division of the Deutsche Bank Group. The legal entities offering products or services under the Deutsche Asset & Wealth Management brand are listed in contracts, sales materials and other product information documents.
Important risk information
The fund will be managed on the premise that stocks with lower CROCI® Economic P/E Ratios may outperform stocks with higher CROCI® Economic P/E Ratios over time. This premise may not always be correct and prospective investors should evaluate this assumption prior to investing in the fund. Investing in foreign securities, particularly those of emerging markets, presents certain risks, such as currency fluctuations, political and economic changes, and market risks. The fund may lend securities to approved institutions. Stocks may decline in value. See the prospectus for details
Obtain a prospectus
To obtain a summary prospectus, if available, or prospectus, download one from dws-investments.com, talk to your financial representative or call (800) 728-3337. We advise you to carefully consider the product’s objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this and other important information about the investment product. Please read the prospectus carefully before you invest. All investments involve risk, including potential loss of principal.
Investment products: No bank guarantee | Not FDIC insured | May lose value
Investment products offered through DWS Investments Distributors, Inc. Advisory services offered through Deutsche Investment Management Americas, Inc.
Deutsche Asset & Wealth Management represents the asset management and wealth management activities conducted by Deutsche Bank AG or any of its subsidiaries. Clients will be provided Deutsche Asset & Wealth Management products or services by one or more legal entities that will be identified to clients pursuant to the contracts, agreements, offering materials or other documentation relevant to such products or services.
The CROCI valuation process is not managed or executed by Deutsche Investment Management Americas, Inc (DIMA). The members of the CROCI team are not employees of DIMA nor do they provide investment advisory services on behalf of DIMA.
DWS Investments Distributors, Inc. 222 South Riverside Plaza Chicago, IL 60606-5808
www.dws-investments.com service@db.com Tel (800) 621-1148 R-038310-1.0
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