# DWS Invest CROCI Intellectual Capital ESG
DWS INVEST CROCI INTELLECTUAL CAPITAL ESG

### Performance of share classes vs. benchmark (in EUR)
| Share class | ISIN | 6 months |
| --- | --- | --- |
| Class LC | LU1968687985 | -17.3% |
| Class IC EB | LU1968687803 | -17.0% |
| Class TFC | LU1968688017 | -17.1% |
| Class XC | LU1968688447 | -17.1% |
| Class USD LC 1 | LU1968688108 | -24.0% |
| Class USD TFC 1 | LU1968688280 | -23.8% |
| Class USD XC 1 | LU1968688363 | -23.8% |
| MSCI World |  | -14.0% |

1 
in USD
“BVI method” performance, i.e., excluding the initial sales charge.
Past performance is no guide to future results.	As of: June 30, 2022
The format used for complete dates
in security names in the investment
portfolio is “day/month/year”.
DWS Invest
CROCI Intellectual Capital ESG
| Statement of net assets as of June 30, 2022 |  |
| --- | --- |
|  | Amount in EUR | % of net assets |
| I. Assets |  |  |
| 1. Equities (sectors) Information Technology | 9 187 491.88 | 28.38 |
| Telecommunication Services | 5 442 018.50 | 16.82 |
| Consumer Discretionaries | 10 719 499.12 | 33.14 |
| Consumer Staples | 2 896 499.68 | 8.95 |
| Financials | 745 637.10 | 2.30 |
| Basic Materials | 681 790.73 | 2.10 |
| Industrials | 2 706 063.43 | 8.35 |
| Total equities | 32 379 000.44 | 100.04 |
| 2. Cash at bank | 43 927.73 | 0.14 |
| 3. Other assets | 128 632.22 | 0.40 |
| II. Liabilities |  |  |
| 1. Short-term liabilities | -125 114.72 | -0.39 |
| 2. Other liabilities | -53 747.71 | -0.17 |
| 3. Liabilities from share certificate transactions | -5 317.14 | -0.02 |
| III. Net assets | 32 367 380.82 | 100.00 |

Negligible rounding errors may have arisen due to the rounding of calculated percentages.
Investment portfolio – June 30, 2022
| Securities traded on an exchange |  |  |  |  |  |  | 32 379 000.44 | 100.04 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equities |  |  |  |  |  |  |  |  |
| CSL Ltd .........................................  | Count | 1 486 | 236 | 53 | AUD | 269.06 | 264 968.71 | 0.82 |
| ABB Ltd .........................................  | Count | 11 665 | 898 | 1 331 | CHF | 25.06 | 293 657.83 | 0.91 |
| Cie Financiere Richemont SA ........................  | Count | 1 923 | 39 | 366 | CHF | 99.76 | 192 713.22 | 0.60 |
| Novartis AG ......................................  | Count | 5 472 | 339 | 627 | CHF | 80.33 | 441 570.08 | 1.36 |
| Roche Holding AG .................................  | Count | 1 203 | 68 | 145 | CHF | 316 | 381 881.39 | 1.18 |
| Carlsberg AS .....................................  | Count | 2 131 | 369 | 176 | DKK | 901.8 | 258 343.16 | 0.80 |
| Novo Nordisk A/S .................................  | Count | 3 182 | 293 | 1 165 | DKK | 783.3 | 335 066.94 | 1.04 |
| adidas AG  .......................................  | Count | 1 241 | 411 | 51 | EUR | 166.54 | 206 676.14 | 0.64 |
| ASML Holding NV .................................  | Count | 577 | 73 | 69 | EUR | 447.5 | 258 207.50 | 0.80 |
| Euroapi SA .......................................  | Count | 143 | 143 |  | EUR | 15.098 | 2 159.01 | 0.01 |
| Heineken NV .....................................  | Count | 2 761 | 2 951 | 190 | EUR | 87.58 | 241 808.38 | 0.75 |
| Hermes International ...............................  | Count | 184 | 9 | 31 | EUR | 1 050.5 | 193 292.00 | 0.60 |
| Infineon Technologies AG ...........................  | Count | 8 541 | 1 872 | 534 | EUR | 22.76 | 194 393.16 | 0.60 |
| Kering SA ........................................  | Count | 440 | 91 | 29 | EUR | 484.95 | 213 378.00 | 0.66 |
| Legrand SA ......................................  | Count | 3 560 | 404 | 351 | EUR | 69.9 | 248 844.00 | 0.77 |
| LVMH Moet Hennessy Louis Vuitton SE ................  | Count | 578 | 58 | 92 | EUR | 573.7 | 331 598.60 | 1.02 |
| Merck KGaA  .....................................  | Count | 1 546 | 89 | 112 | EUR | 159.75 | 246 973.50 | 0.76 |
| Nokia Oyj ........................................  | Count | 42 860 | 44 246 | 1 386 | EUR | 4.414 | 189 162.61 | 0.58 |
| Sanofi ..........................................  | Count | 3 416 | 3 455 | 4 066 | EUR | 96.5 | 329 644.00 | 1.02 |
| SAP SE  .........................................  | Count | 3 223 | 580 | 146 | EUR | 85.45 | 275 405.35 | 0.85 |
| STMicroelectronics NV  .............................  | Count | 5 747 | 6 018 | 271 | EUR | 29.465 | 169 335.36 | 0.52 |
| AstraZeneca PLC ..................................  | Count | 2 645 | 430 | 841 | GBP | 106.98 | 330 396.55 | 1.02 |
| Diageo PLC ......................................  | Count | 6 422 | 437 | 1 408 | GBP | 35.217 | 264 073.66 | 0.82 |
| Unilever PLC .....................................  | Count | 6 557 | 6 845 | 288 | GBP | 37.01 | 283 355.40 | 0.88 |
| Tencent Holdings Ltd  ..............................  | Count | 29 221 | 29 480 | 20 974 | HKD | 354.4 | 1 267 180.36 | 3.92 |
| Astellas Pharma, Inc. ...............................  | Count | 15 433 | 2 745 | 3 676 | JPY | 2 115 | 230 575.64 | 0.71 |
| Bridgestone Corp. .................................  | Count | 7 786 | 2 207 | 1 215 | JPY | 4 950 | 272 252.76 | 0.84 |
| Denso Corp.  .....................................  | Count | 4 468 | 4 700 | 232 | JPY | 7 208 | 227 499.60 | 0.70 |
| Hoya Corp. .......................................  | Count | 2 470 | 2 500 | 30 | JPY | 11 585 | 202 136.94 | 0.62 |
| Kao Corp. ........................................  | Count | 8 606 | 9 349 | 743 | JPY | 5 472 | 332 659.65 | 1.03 |
| Kyocera Corp. ....................................  | Count | 5 766 | 296 | 303 | JPY | 7 256 | 295 545.68 | 0.91 |
| Murata Manufacturing Co., Ltd .......................  | Count | 5 227 | 965 | 458 | JPY | 7 396 | 273 087.68 | 0.84 |
| Nintendo Co., Ltd .................................  | Count | 979 | 25 | 218 | JPY | 58 680 | 405 812.57 | 1.25 |
| Omron Corp. .....................................  | Count | 4 782 | 5 000 | 218 | JPY | 6 891 | 232 779.39 | 0.72 |
| Shin-Etsu Chemical Co., Ltd .........................  | Count | 2 020 | 472 | 104 | JPY | 15 300 | 218 320.99 | 0.67 |
| Sony Group Corp. .................................  | Count | 3 368 | 329 | 256 | JPY | 11 095 | 263 968.49 | 0.82 |
| Tokyo Electron Ltd .................................  | Count | 621 | 50 | 207 | JPY | 44 300 | 194 333.66 | 0.60 |
| Z Holdings Corp. ..................................  | Count | 75 030 | 27 730 | 900 | JPY | 396 | 210 097.70 | 0.65 |
| Hyundai Mobis Co., Ltd  ............................  | Count | 1 405 | 1 412 | 7 | KRW | 199 000 | 206 747.84 | 0.64 |
| Samsung Electronics Co., Ltd ........................  | Count | 14 590 | 1 542 | 1 154 | KRW | 57 000 | 614 952.72 | 1.90 |
| SK Hynix, Inc. ....................................  | Count | 3 609 | 317 | 1 205 | KRW | 91 000 | 242 850.98 | 0.75 |
| Telefonaktiebolaget LM Ericsson -B- ...................  | Count | 31 252 | 10 625 | 650 | SEK | 76.04 | 221 876.72 | 0.69 |
| Asustek Computer, Inc. .............................  | Count | 21 105 | 147 | 4 109 | TWD | 310.5 | 211 602.61 | 0.65 |
| Hon Hai Precision Industry Co., Ltd ...................  | Count | 112 952 | 8 599 | 3 927 | TWD | 109 | 397 552.49 | 1.23 |
| MediaTek, Inc. ....................................  | Count | 10 226 | 2 767 | 2 977 | TWD | 651 | 214 961.57 | 0.66 |
| Taiwan Semiconductor Manufacturing Co., Ltd  ..........  | Count | 31 195 | 5 415 | 2 914 | TWD | 476 | 479 475.03 | 1.48 |
| United Microelectronics Corp.  .......................  | Count | 123 142 | 127 064 | 3 922 | TWD | 39.15 | 155 672.54 | 0.48 |
| Abbott Laboratories ................................  | Count | 3 012 | 272 | 365 | USD | 108.2 | 312 897.66 | 0.97 |
| Activision Blizzard, Inc. .............................  | Count | 3 264 | 97 | 2 490 | USD | 77.29 | 242 210.82 | 0.75 |
| Adobe, Inc. ......................................  | Count | 848 | 191 | 9 | USD | 359.15 | 292 409.72 | 0.90 |
| Advanced Micro Devices, Inc. ........................  | Count | 3 496 | 1 298 | 162 | USD | 76.62 | 257 177.91 | 0.79 |
| Alphabet, Inc. ....................................  | Count | 830 | 160 | 11 | USD | 2 157.78 | 1 719 512.53 | 5.31 |
| Amdocs Ltd ......................................  | Count | 3 448 | 736 | 631 | USD | 82.79 | 274 072.35 | 0.85 |
| Amgen, Inc. ......................................  | Count | 1 332 | 26 | 173 | USD | 241.94 | 309 408.32 | 0.96 |
| Analog Devices, Inc. ...............................  | Count | 1 793 | 204 | 195 | USD | 143.59 | 247 186.40 | 0.76 |
| Apple, Inc. .......................................  | Count | 6 409 | 121 | 644 | USD | 135.28 | 832 422.78 | 2.57 |
| Applied Materials, Inc. ..............................  | Count | 2 832 | 234 | 445 | USD | 89.46 | 243 244.05 | 0.75 |
| Automatic Data Processing, Inc. ......................  | Count | 1 280 | 95 | 239 | USD | 210.35 | 258 507.16 | 0.80 |
| Becton Dickinson and Co. ...........................  | Count | 1 092 | 38 | 80 | USD | 247.99 | 260 002.12 | 0.80 |
| Booking Holdings, Inc. .............................  | Count | 108 | 28 | 30 | USD | 1 713.77 | 177 703.66 | 0.55 |
| Boston Scientific Corp. .............................  | Count | 6 474 | 158 | 1 130 | USD | 37.16 | 230 976.87 | 0.71 |
| Bristol-Myers Squibb Co.  ...........................  | Count | 5 906 | 418 | 2 027 | USD | 76.9 | 436 053.59 | 1.35 |
| Cisco Systems, Inc. ................................  | Count | 9 157 | 739 | 316 | USD | 42.27 | 371 625.54 | 1.15 |
| Coca-Cola Co. ....................................  | Count | 6 388 | 1 422 | 1 433 | USD | 62.53 | 383 507.11 | 1.19 |
| Edwards Lifesciences Corp.  .........................  | Count | 2 326 | 2 554 | 228 | USD | 94.65 | 211 373.44 | 0.65 |
| Electronic Arts, Inc. ................................  | Count | 2 809 | 304 | 39 | USD | 121.37 | 327 328.02 | 1.01 |
| Eli Lilly & Co. .....................................  | Count | 1 137 | 153 | 363 | USD | 323.1 | 352 709.79 | 1.09 |
| Estee Lauder Cos, Inc. .............................  | Count | 999 | 129 | 22 | USD | 250.12 | 239 902.07 | 0.74 |
| Garmin Ltd  ......................................  | Count | 2 491 | 302 | 70 | USD | 97.42 | 232 992.50 | 0.72 |
| HP, Inc. ..........................................  | Count | 6 871 | 7 811 | 940 | USD | 32.98 | 217 565.83 | 0.67 |
| Intuit, Inc. .......................................  | Count | 566 | 566 |  | USD | 378.83 | 205 864.23 | 0.64 |
| Intuitive Surgical, Inc. ..............................  | Count | 1 066 | 1 091 | 25 | USD | 198.95 | 203 620.38 | 0.63 |
| Johnson & Johnson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . | Count | 3 453 | 335 | 579 | USD | 176.37 | 584 711.16 | 1.81 |
| Kimberly-Clark Corp. ...............................  | Count | 2 513 | 197 | 158 | USD | 133.97 | 323 236.31 | 1.00 |
| KLA Corp.  .......................................  | Count | 787 | 787 |  | USD | 314.59 | 237 705.78 | 0.73 |
| Lam Research Corp. ...............................  | Count | 645 | 141 | 83 | USD | 416.55 | 257 956.78 | 0.80 |

DWS Invest CROCI Intellectual Capital ESG
| Linde PLC  .......................................  | Count | 941 | 214 | 302 | USD | 283.44 | 256 077.16 | 0.79 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Mastercard, Inc.  ..................................  | Count | 1 118 | 67 | 172 | USD | 310.68 | 333 484.14 | 1.03 |
| Medtronic PLC  ...................................  | Count | 3 678 | 534 | 502 | USD | 89.51 | 316 084.62 | 0.98 |
| Merck & Co, Inc. ..................................  | Count | 5 114 | 464 | 902 | USD | 92.29 | 453 143.19 | 1.40 |
| Meta Platforms, Inc. ...............................  | Count | 6 691 | 2 678 | 727 | USD | 160.04 | 1 028 110.18 | 3.18 |
| Microsoft Corp. ...................................  | Count | 3 765 | 406 | 56 | USD | 255.12 | 922 209.47 | 2.85 |
| Motorola Solutions, Inc. ............................  | Count | 1 290 | 1 290 |  | USD | 207.3 | 256 749.20 | 0.79 |
| NIKE, Inc. .......................................  | Count | 2 535 | 643 | 298 | USD | 101.19 | 246 283.69 | 0.76 |
| NVIDIA Corp. .....................................  | Count | 2 141 | 446 | 248 | USD | 150.54 | 309 448.70 | 0.96 |
| Paychex, Inc. .....................................  | Count | 2 035 | 341 | 795 | USD | 114.29 | 223 302.06 | 0.69 |
| PayPal Holdings, Inc. ...............................  | Count | 3 727 | 2 475 | 25 | USD | 67.98 | 243 254.36 | 0.75 |
| Pfizer, Inc. .......................................  | Count | 11 017 | 1 056 | 1 035 | USD | 51.5 | 544 741.76 | 1.68 |
| PPG Industries, Inc. ................................  | Count | 1 892 | 1 946 | 54 | USD | 114.17 | 207 392.58 | 0.64 |
| Procter & Gamble Co. ..............................  | Count | 2 574 | 31 | 583 | USD | 142.04 | 351 026.01 | 1.08 |
| QUALCOMM, Inc. .................................  | Count | 2 916 | 545 | 492 | USD | 126.16 | 353 206.99 | 1.09 |
| Regeneron Pharmaceuticals, Inc. .....................  | Count | 396 | 17 | 175 | USD | 587.87 | 223 509.80 | 0.69 |
| Salesforce, Inc. ...................................  | Count | 1 591 | 1 608 | 17 | USD | 162.18 | 247 735.11 | 0.77 |
| Skyworks Solutions, Inc. ............................  | Count | 2 046 | 2 046 |  | USD | 91.38 | 179 505.13 | 0.56 |
| TE Connectivity Ltd ................................  | Count | 2 969 | 539 | 118 | USD | 110.55 | 315 129.48 | 0.97 |
| Tesla, Inc. .......................................  | Count | 210 | 262 | 52 | USD | 675.9 | 136 276.77 | 0.42 |
| Texas Instruments, Inc. .............................  | Count | 2 102 | 532 | 381 | USD | 151.5 | 305 749.27 | 0.95 |
| Thermo Fisher Scientific, Inc. ........................  | Count | 623 | 58 | 19 | USD | 533.59 | 319 165.41 | 0.99 |
| Trimble, Inc. ......................................  | Count | 3 855 | 3 855 |  | USD | 57.91 | 214 337.44 | 0.66 |
| Visa, Inc. ........................................  | Count | 2 217 | 303 | 366 | USD | 193.63 | 412 152.96 | 1.27 |
| Zimmer Biomet Holdings, Inc.  .......................  | Count | 2 197 | 499 | 331 | USD | 103.44 | 218 191.92 | 0.67 |
| Total securities portfolio |  |  |  |  |  |  | 32 379 000.44 | 100.04 |
| Cash at bank |  |  |  |  |  |  | 43 927.73 | 0.14 |
| Deposits in other EU/EEA currencies |  |  |  |  |  |  |  |  |
| Danish krone ......................................  | DKK | 7 441 |  |  |  |  | 1 000.29 | 0.01 |
| Swedish krona .....................................  | SEK | 38 708 |  |  |  |  | 3 614.07 | 0.01 |
| Deposits in non-EU/EEA currencies |  |  |  |  |  |  |  |  |
| Australian dollar ....................................         | AUD | 9 418 |  |  |  |  | 6 241.30 | 0.02 |
| Brazilian real ......................................  | BRL | 4 154 |  |  |  |  | 759.54 | 0.00 |
| British pound .....................................  | GBP | 2 682 |  |  |  |  | 3 131.06 | 0.01 |
| Hong Kong dollar ..................................  | HKD | 54 822 |  |  |  |  | 6 708.20 | 0.02 |
| Japanese yen......................................  | JPY | 23 654 |  |  |  |  | 167.09 | 0.00 |
| New Taiwan dollar ..................................  | TWD | 120 754 |  |  |  |  | 3 899.20 | 0.01 |
| Swiss franc .......................................  | CHF | 3 925 |  |  |  |  | 3 943.21 | 0.01 |
| South Korean won ..................................  | KRW | 14 009 082 |  |  |  |  | 10 359.08 | 0.03 |
| U.S. dollar ........................................  | USD | 4 275 |  |  |  |  | 4 104.69 | 0.02 |
| Other assets |  |  |  |  |  |  | 128 632.22 | 0.40 |
| Dividends/Distributions receivable .....................  |  |  |  |  |  |  | 42 420.28 | 0.13 |
| Receivables from exceeding the expense cap ............  |  |  |  |  |  |  | 64 655.69 | 0.20 |
| Other receivables ..................................  |  |  |  |  |  |  | 21 556.25 | 0.07 |
| Total assets |  |  |  |  |  |  | 32 551 560.39 | 100.58 |
| Short-term liabilities |  |  |  |  |  |  | -125 114.72 | -0.39 |
| EUR loans ........................................  | EUR |  |  |  |  |  | -125 114.72 | -0.39 |
| Other liabilities |  |  |  |  |  |  | -53 747.71 | -0.17 |
| Liabilities from cost items ...........................  |  |  |  |  |  |  | -41 021.94 | -0.13 |
| Additional other liabilities.............................  |  |  |  |  |  |  | -12 725.77 | -0.04 |
| Liabilities from share certificate transactions |  |  |  |  |  |  | -5 317.14 | -0.02 |
| Total liabilities |  |  |  |  |  |  | -184 179.57 | -0.58 |
| Net assets |  |  |  |  |  |  | 32 367 380.82 | 100.00 |

Negligible rounding errors may have arisen due to the rounding of calculated percentages.
A list of the transactions completed during the reporting period that no longer appear in the investment portfolio is available free of charge from the Management Company upon request.
| Net asset value per share and number of shares outstanding | Count/ currency | Net asset value per share in the respective currency |
| --- | --- | --- |
| Net asset value per share Class IC EB .......................................  | EUR | 142.26 |
| Class LC .........................................  | EUR | 139.11 |
| Class TFC.........................................  | EUR | 141.55 |
| Class XC .........................................  | EUR | 142.09 |
| Class USD LC .....................................  | USD | 128.04 |
| Class USD TFC ....................................  | USD | 130.21 |
| Class USD XC .....................................  | USD | 130.75 |
| Number of shares outstanding Class IC EB .......................................  | Count | 99 294.000 |
| Class LC .........................................  | Count | 9 760.434 |
| Class TFC.........................................  | Count | 419.000 |
| Class XC .........................................  | Count | 89 757.850 |
| Class USD LC .....................................  | Count | 18 247.000 |
| Class USD TFC ....................................  | Count | 114.000 |
| Class USD XC .....................................  | Count | 14 450.000 |

Composition of the reference portfolio (according to CSSF circular 11/512) MSCI World Index in EUR
Market risk exposure (value-at-risk) (according to CSSF circular 11/512)
| Lowest market risk exposure .........................  | % | 81.147 |
| --- | --- | --- |
| Highest market risk exposure .........................  | % | 116.108 |
| Average market risk exposure.........................  | % | 98.816 |

The values-at-risk were calculated for the period from January 1, 2022, through June 30, 2022, using historical simulation with a 99% confidence level, a 10-day holding period and an effective historical observation period of one year. The risk in a reference portfolio that does not contain derivatives is used as the measurement benchmark. Market risk is the risk to the fund’s assets arising from an unfavorable change in market prices. The Company determines the potential market risk by means of the relative value-at-risk approachas defined in CSSF circular 11/512.
In the reporting period, the average leverage effect from the use of derivatives was 0.0, whereby the total of the nominal amounts of the derivatives in relation to the fund’s assets was used for the calculation (sum-of-notional approach).
The gross exposure generated via derivatives pursuant to point 40 a) of the “Guidelines on ETFs and other UCITS issues” of the European Securities and Markets Authority (ESMA) totaled EUR 0.00 as of the reporting date.
 Exchange rates (indirect quotes)	
As of June 30, 2022
| Australian dollar ................. . | AUD | 1.508945 | = | EUR | 1 |
| --- | --- | --- | --- | --- | --- |
| Brazilian real ................... . | BRL | 5.468708 | = | EUR | 1 |
| Swiss franc .................... . | CHF | 0.995461 | = | EUR | 1 |
| Danish krone ................... . | DKK | 7.438694 | = | EUR | 1 |
| British pound .................. . | GBP | 0.856432 | = | EUR | 1 |
| Hong Kong dollar ............... . | HKD | 8.172414 | = | EUR | 1 |
| Japanese yen .................. . | JPY | 141.562199 | = | EUR | 1 |
| South Korean won............... . | KRW | 1 352.347861 | = | EUR | 1 |
| Swedish krona.................. . | SEK | 10.710462 | = | EUR | 1 |
| New Taiwan dollar............... . | TWD | 30.968912 | = | EUR | 1 |
| U.S. dollar ..................... . | USD | 1.041549 | = | EUR | 1 |

 Notes on valuation	
Under the responsibility of the Board of Directors of the SICAV, the Management Company determines the net asset values per share and performs the valuation of the assets of the fund. The basic provision of price data and price validation are performed in accordance with the method introduced by the Board of Directors of the SICAV on the basis of the legal and regulatory requirements or the principles for valuation methods defined in the SICAV’s prospectus.
If no trading prices are available, prices are determined with the aid of valuation models (derived market values) which are agreed between State Street Bank International GmbH, Luxembourg Branch, as external price service provider and the Management Company and which are based as far as possible on market parameters. This procedure is subject to an ongoing monitoring process. The plausibility of price information from third parties is checked through other pricing sources, model calculations or other suitable procedure.
Assets reported in this report are valued at derived market values.

Translation (ENDE, 2022-06-30):
# DWS Invest CROCI Intellectual Capital ESG
DWS INVEST CROCI INTELLECTUAL CAPITAL ESG

### Wertentwicklung der Anteilklassen vs. Vergleichsindex (in EUR)
| Anteilklasse | ISIN | 6 Monate |
| --- | --- | --- |
| Klasse LC | LU1968687985 | -17,3% |
| Klasse IC EB | LU1968687803 | -17,0% |
| Klasse TFC | LU1968688017 | -17,1% |
| Klasse XC | LU1968688447 | -17,1% |
| Klasse USD LC 1) | LU1968688108 | -24,0% |
| Klasse USD TFC 1) | LU1968688280 | -23,8% |
| Klasse USD XC 1) | LU1968688363 | -23,8% |
| MSCI World |  | -14,0% |

1) 
in USD
Wertentwicklung nach BVI-Methode, d. h. ohne Berücksichtigung des Ausgabeaufschlages.
Wertentwicklungen der Vergangenheit ermöglichen keine Prognose für die Zukunft.	Stand: 30.6.2022
DWS Invest CROCI Intellectual Capital ESG
| Vermögensübersicht zum 30.6.2022 |  |
| --- | --- |
|  | Bestand in EUR | %-Anteil am Fondsvermögen |
| I. Vermögensgegenstände |  |  |
| 1. Aktien (Branchen) Informationstechnologie | 9 187 491,88 | 28,38 |
| Telekommunikationsdienste | 5 442 018,50 | 16,82 |
| Dauerhafte Konsumgüter | 10 719 499,12 | 33,14 |
| Hauptverbrauchsgüter | 2 896 499,68 | 8,95 |
| Finanzsektor | 745 637,10 | 2,30 |
| Grundstoffe | 681 790,73 | 2,10 |
| Industrien | 2 706 063,43 | 8,35 |
| Summe Aktien | 32 379 000,44 | 100,04 |
| 2. Bankguthaben | 43 927,73 | 0,14 |
| 3. Sonstige Vermögensgegenstände | 128 632,22 | 0,40 |
| II. Verbindlichkeiten |  |  |
| 1. Kurzfristige Verbindlichkeiten | -125 114,72 | -0,39 |
| 2. Sonstige Verbindlichkeiten | -53 747,71 | -0,17 |
| 3. Verbindlichkeiten aus Anteilscheingeschäften | -5 317,14 | -0,02 |
|  |  |  |
| III. Fondsvermögen | 32 367 380,82 | 100,00 |

Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Rundungsdifferenzen entstanden sein.
Vermögensaufstellung zum 30.6.2022
| Wertpapierbezeichnung | Stück bzw. Anteile bzw. | Nominalbetrag bzw. | Käufe/ Zugänge | Verkäufe/ Abgänge | Währung | Kurs | Kurswert in | %-Anteil am Fonds- |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Währung	Bestand	im Berichtszeitraum	EUR	vermögen |
| Börsengehandelte Wertpapiere |  |  |  |  |  |  | 32 379 000,44 | 100,04 |
| Aktien CSL Ltd  ........................................  | Stück | 1 486 | 236 | 53 | AUD | 269,06 | 264 968,71 | 0,82 |
| ABB Ltd  ........................................  | Stück | 11 665 | 898 | 1 331 | CHF | 25,06 | 293 657,83 | 0,91 |
| Cie Financiere Richemont SA  .......................  | Stück | 1 923 | 39 | 366 | CHF | 99,76 | 192 713,22 | 0,60 |
| Novartis AG  .....................................  | Stück | 5 472 | 339 | 627 | CHF | 80,33 | 441 570,08 | 1,36 |
| Roche Holding AG  ................................  | Stück | 1 203 | 68 | 145 | CHF | 316 | 381 881,39 | 1,18 |
| Carlsberg AS  ....................................  | Stück | 2 131 | 369 | 176 | DKK | 901,8 | 258 343,16 | 0,80 |
| Novo Nordisk A/S .................................  | Stück | 3 182 | 293 | 1 165 | DKK | 783,3 | 335 066,94 | 1,04 |
| adidas AG .......................................  | Stück | 1 241 | 411 | 51 | EUR | 166,54 | 206 676,14 | 0,64 |
| ASML Holding NV  ................................  | Stück | 577 | 73 | 69 | EUR | 447,5 | 258 207,50 | 0,80 |
| Euroapi SA  ......................................  | Stück | 143 | 143 |  | EUR | 15,098 | 2 159,01 | 0,01 |
| Heineken NV  ....................................  | Stück | 2 761 | 2 951 | 190 | EUR | 87,58 | 241 808,38 | 0,75 |
| Hermes International  ..............................  | Stück | 184 | 9 | 31 | EUR | 1 050,5 | 193 292,00 | 0,60 |
| Infineon Technologies AG  ..........................  | Stück | 8 541 | 1 872 | 534 | EUR | 22,76 | 194 393,16 | 0,60 |
| Kering SA  .......................................  | Stück | 440 | 91 | 29 | EUR | 484,95 | 213 378,00 | 0,66 |
| Legrand SA ......................................  | Stück | 3 560 | 404 | 351 | EUR | 69,9 | 248 844,00 | 0,77 |
| LVMH Moet Hennessy Louis Vuitton SE ...............  | Stück | 578 | 58 | 92 | EUR | 573,7 | 331 598,60 | 1,02 |
| Merck KGaA  .....................................  | Stück | 1 546 | 89 | 112 | EUR | 159,75 | 246 973,50 | 0,76 |
| Nokia Oyj  .......................................  | Stück | 42 860 | 44 246 | 1 386 | EUR | 4,414 | 189 162,61 | 0,58 |
| Sanofi ..........................................  | Stück | 3 416 | 3 455 | 4 066 | EUR | 96,5 | 329 644,00 | 1,02 |
| SAP SE  .........................................  | Stück | 3 223 | 580 | 146 | EUR | 85,45 | 275 405,35 | 0,85 |
| STMicroelectronics NV  .............................  | Stück | 5 747 | 6 018 | 271 | EUR | 29,465 | 169 335,36 | 0,52 |
| AstraZeneca PLC  .................................  | Stück | 2 645 | 430 | 841 | GBP | 106,98 | 330 396,55 | 1,02 |
| Diageo PLC  .....................................  | Stück | 6 422 | 437 | 1 408 | GBP | 35,217 | 264 073,66 | 0,82 |
| Unilever PLC  ....................................  | Stück | 6 557 | 6 845 | 288 | GBP | 37,01 | 283 355,40 | 0,88 |
| Tencent Holdings Ltd ..............................  | Stück | 29 221 | 29 480 | 20 974 | HKD | 354,4 | 1 267 180,36 | 3,92 |
| Astellas Pharma, Inc.  ..............................  | Stück | 15 433 | 2 745 | 3 676 | JPY | 2 115 | 230 575,64 | 0,71 |
| Bridgestone Corp.  ................................  | Stück | 7 786 | 2 207 | 1 215 | JPY | 4 950 | 272 252,76 | 0,84 |
| Denso Corp.  .....................................  | Stück | 4 468 | 4 700 | 232 | JPY | 7 208 | 227 499,60 | 0,70 |
| Hoya Corp.  ......................................  | Stück | 2 470 | 2 500 | 30 | JPY | 11 585 | 202 136,94 | 0,62 |
| Kao Corp.  .......................................  | Stück | 8 606 | 9 349 | 743 | JPY | 5 472 | 332 659,65 | 1,03 |
| Kyocera Corp. ....................................  | Stück | 5 766 | 296 | 303 | JPY | 7 256 | 295 545,68 | 0,91 |
| Murata Manufacturing Co., Ltd  ......................  | Stück | 5 227 | 965 | 458 | JPY | 7 396 | 273 087,68 | 0,84 |
| Nintendo Co., Ltd .................................  | Stück | 979 | 25 | 218 | JPY | 58 680 | 405 812,57 | 1,25 |
| Omron Corp.  ....................................  | Stück | 4 782 | 5 000 | 218 | JPY | 6 891 | 232 779,39 | 0,72 |
| Shin-Etsu Chemical Co., Ltd  ........................  | Stück | 2 020 | 472 | 104 | JPY | 15 300 | 218 320,99 | 0,67 |
| Sony Group Corp. .................................  | Stück | 3 368 | 329 | 256 | JPY | 11 095 | 263 968,49 | 0,82 |
| Tokyo Electron Ltd  ................................  | Stück | 621 | 50 | 207 | JPY | 44 300 | 194 333,66 | 0,60 |
| Z Holdings Corp.  .................................  | Stück | 75 030 | 27 730 | 900 | JPY | 396 | 210 097,70 | 0,65 |
| Hyundai Mobis Co., Ltd  ............................  | Stück | 1 405 | 1 412 | 7 | KRW | 199 000 | 206 747,84 | 0,64 |
| Samsung Electronics Co., Ltd  .......................  | Stück | 14 590 | 1 542 | 1 154 | KRW | 57 000 | 614 952,72 | 1,90 |
| SK Hynix, Inc. ....................................  | Stück | 3 609 | 317 | 1 205 | KRW | 91 000 | 242 850,98 | 0,75 |
| Telefonaktiebolaget LM Ericsson -B-  ..................  | Stück | 31 252 | 10 625 | 650 | SEK | 76,04 | 221 876,72 | 0,69 |
| Asustek Computer, Inc.  ............................  | Stück | 21 105 | 147 | 4 109 | TWD | 310,5 | 211 602,61 | 0,65 |
| Hon Hai Precision Industry Co., Ltd ...................  | Stück | 112 952 | 8 599 | 3 927 | TWD | 109 | 397 552,49 | 1,23 |
| MediaTek, Inc.  ...................................  | Stück | 10 226 | 2 767 | 2 977 | TWD | 651 | 214 961,57 | 0,66 |
| Taiwan Semiconductor Manufacturing Co., Ltd . . . . . . . . . . | Stück | 31 195 | 5 415 | 2 914 | TWD | 476 | 479 475,03 | 1,48 |
| United Microelectronics Corp.  .......................  | Stück | 123 142 | 127 064 | 3 922 | TWD | 39,15 | 155 672,54 | 0,48 |
| Abbott Laboratories  ...............................  | Stück | 3 012 | 272 | 365 | USD | 108,2 | 312 897,66 | 0,97 |
| Activision Blizzard, Inc. .............................  | Stück | 3 264 | 97 | 2 490 | USD | 77,29 | 242 210,82 | 0,75 |
| Adobe, Inc. ......................................  | Stück | 848 | 191 | 9 | USD | 359,15 | 292 409,72 | 0,90 |
| Advanced Micro Devices, Inc.  .......................  | Stück | 3 496 | 1 298 | 162 | USD | 76,62 | 257 177,91 | 0,79 |
| Alphabet, Inc. ....................................  | Stück | 830 | 160 | 11 | USD | 2 157,78 | 1 719 512,53 | 5,31 |
| Amdocs Ltd  .....................................  | Stück | 3 448 | 736 | 631 | USD | 82,79 | 274 072,35 | 0,85 |
| Amgen, Inc.  .....................................  | Stück | 1 332 | 26 | 173 | USD | 241,94 | 309 408,32 | 0,96 |
| Analog Devices, Inc.  ..............................  | Stück | 1 793 | 204 | 195 | USD | 143,59 | 247 186,40 | 0,76 |
| Apple, Inc.  ......................................  | Stück | 6 409 | 121 | 644 | USD | 135,28 | 832 422,78 | 2,57 |
| Applied Materials, Inc.  .............................  | Stück | 2 832 | 234 | 445 | USD | 89,46 | 243 244,05 | 0,75 |
| Automatic Data Processing, Inc.  .....................  | Stück | 1 280 | 95 | 239 | USD | 210,35 | 258 507,16 | 0,80 |
| Becton Dickinson and Co.  ..........................  | Stück | 1 092 | 38 | 80 | USD | 247,99 | 260 002,12 | 0,80 |
| Booking Holdings, Inc. .............................  | Stück | 108 | 28 | 30 | USD | 1 713,77 | 177 703,66 | 0,55 |
| Boston Scientific Corp.  ............................  | Stück | 6 474 | 158 | 1 130 | USD | 37,16 | 230 976,87 | 0,71 |
| Bristol-Myers Squibb Co.  ...........................  | Stück | 5 906 | 418 | 2 027 | USD | 76,9 | 436 053,59 | 1,35 |
| Cisco Systems, Inc.  ...............................  | Stück | 9 157 | 739 | 316 | USD | 42,27 | 371 625,54 | 1,15 |
| Coca-Cola Co. ....................................  | Stück | 6 388 | 1 422 | 1 433 | USD | 62,53 | 383 507,11 | 1,19 |
| Edwards Lifesciences Corp.  ........................  | Stück | 2 326 | 2 554 | 228 | USD | 94,65 | 211 373,44 | 0,65 |
| Electronic Arts, Inc.  ...............................  | Stück | 2 809 | 304 | 39 | USD | 121,37 | 327 328,02 | 1,01 |
| Eli Lilly & Co.  ....................................  | Stück | 1 137 | 153 | 363 | USD | 323,1 | 352 709,79 | 1,09 |
| Estee Lauder Cos, Inc. .............................  | Stück | 999 | 129 | 22 | USD | 250,12 | 239 902,07 | 0,74 |
| Garmin Ltd  ......................................  | Stück | 2 491 | 302 | 70 | USD | 97,42 | 232 992,50 | 0,72 |
| HP, Inc. .........................................  | Stück | 6 871 | 7 811 | 940 | USD | 32,98 | 217 565,83 | 0,67 |
| Intuit, Inc. .......................................  | Stück | 566 | 566 |  | USD | 378,83 | 205 864,23 | 0,64 |
| Intuitive Surgical, Inc. ..............................  | Stück | 1 066 | 1 091 | 25 | USD | 198,95 | 203 620,38 | 0,63 |
| Johnson & Johnson  ...............................  | Stück | 3 453 | 335 | 579 | USD | 176,37 | 584 711,16 | 1,81 |
| Kimberly-Clark Corp. ...............................  | Stück | 2 513 | 197 | 158 | USD | 133,97 | 323 236,31 | 1,00 |
| KLA Corp.  .......................................  | Stück | 787 | 787 |  | USD | 314,59 | 237 705,78 | 0,73 |
| Lam Research Corp.  ..............................  | Stück | 645 | 141 | 83 | USD | 416,55 | 257 956,78 | 0,80 |

DWS Invest CROCI Intellectual Capital ESG
| Stück bzw. Wertpapierbezeichnung	Anteile bzw. | Nominalbetrag bzw. | Käufe/ Zugänge | Verkäufe/ Abgänge | Währung | Kurs | Kurswert in | %-Anteil am Fonds- |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Währung	Bestand	im Berichtszeitraum	EUR	vermögen |
| Linde PLC  .......................................  | Stück | 941 | 214 | 302 | USD | 283,44 | 256 077,16 | 0,79 |
| Mastercard, Inc.  ..................................  | Stück | 1 118 | 67 | 172 | USD | 310,68 | 333 484,14 | 1,03 |
| Medtronic PLC  ...................................  | Stück | 3 678 | 534 | 502 | USD | 89,51 | 316 084,62 | 0,98 |
| Merck & Co, Inc.  .................................  | Stück | 5 114 | 464 | 902 | USD | 92,29 | 453 143,19 | 1,40 |
| Meta Platforms, Inc.  ..............................  | Stück | 6 691 | 2 678 | 727 | USD | 160,04 | 1 028 110,18 | 3,18 |
| Microsoft Corp.  ..................................  | Stück | 3 765 | 406 | 56 | USD | 255,12 | 922 209,47 | 2,85 |
| Motorola Solutions, Inc. ............................  | Stück | 1 290 | 1 290 |  | USD | 207,3 | 256 749,20 | 0,79 |
| NIKE, Inc. .......................................  | Stück | 2 535 | 643 | 298 | USD | 101,19 | 246 283,69 | 0,76 |
| NVIDIA Corp.  ....................................  | Stück | 2 141 | 446 | 248 | USD | 150,54 | 309 448,70 | 0,96 |
| Paychex, Inc.  ....................................  | Stück | 2 035 | 341 | 795 | USD | 114,29 | 223 302,06 | 0,69 |
| PayPal Holdings, Inc.  ..............................  | Stück | 3 727 | 2 475 | 25 | USD | 67,98 | 243 254,36 | 0,75 |
| Pfizer, Inc.  ......................................  | Stück | 11 017 | 1 056 | 1 035 | USD | 51,5 | 544 741,76 | 1,68 |
| PPG Industries, Inc.  ...............................  | Stück | 1 892 | 1 946 | 54 | USD | 114,17 | 207 392,58 | 0,64 |
| Procter & Gamble Co.  .............................  | Stück | 2 574 | 31 | 583 | USD | 142,04 | 351 026,01 | 1,08 |
| QUALCOMM, Inc.  ................................  | Stück | 2 916 | 545 | 492 | USD | 126,16 | 353 206,99 | 1,09 |
| Regeneron Pharmaceuticals, Inc.  ....................  | Stück | 396 | 17 | 175 | USD | 587,87 | 223 509,80 | 0,69 |
| Salesforce, Inc. ...................................  | Stück | 1 591 | 1 608 | 17 | USD | 162,18 | 247 735,11 | 0,77 |
| Skyworks Solutions, Inc.  ...........................  | Stück | 2 046 | 2 046 |  | USD | 91,38 | 179 505,13 | 0,56 |
| TE Connectivity Ltd  ...............................  | Stück | 2 969 | 539 | 118 | USD | 110,55 | 315 129,48 | 0,97 |
| Tesla, Inc. .......................................  | Stück | 210 | 262 | 52 | USD | 675,9 | 136 276,77 | 0,42 |
| Texas Instruments, Inc. ............................  | Stück | 2 102 | 532 | 381 | USD | 151,5 | 305 749,27 | 0,95 |
| Thermo Fisher Scientific, Inc.  .......................  | Stück | 623 | 58 | 19 | USD | 533,59 | 319 165,41 | 0,99 |
| Trimble, Inc. .....................................  | Stück | 3 855 | 3 855 |  | USD | 57,91 | 214 337,44 | 0,66 |
| Visa, Inc. ........................................  | Stück | 2 217 | 303 | 366 | USD | 193,63 | 412 152,96 | 1,27 |
| Zimmer Biomet Holdings, Inc.  .......................  | Stück | 2 197 | 499 | 331 | USD | 103,44 | 218 191,92 | 0,67 |
| Summe Wertpapiervermögen |  |  |  |  |  |  | 32 379 000,44 | 100,04 |
| Bankguthaben |  |  |  |  |  |  | 43 927,73 | 0,14 |
| Guthaben in sonstigen EU/EWR-Währungen |  |  |  |  |  |  |  |  |
| Dänische Kronen ..................................  | DKK | 7 441 |  |  |  |  | 1 000,29 | 0,01 |
| Schwedische Kronen ...............................  | SEK | 38 708 |  |  |  |  | 3 614,07 | 0,01 |
| Guthaben in Nicht-EU/EWR-Währungen |  |  |  |  |  |  |  |  |
| Australischer Dollar ................................  | AUD | 9 418 |  |  |  |  | 6 241,30 | 0,02 |
| Brasilianischer Real ................................  | BRL | 4 154 |  |  |  |  | 759,54 | 0,00 |
| Britisches Pfund ...................................  | GBP | 2 682 |  |  |  |  | 3 131,06 | 0,01 |
| Hongkong Dollar ...................................  | HKD | 54 822 |  |  |  |  | 6 708,20 | 0,02 |
| Japanischer Yen ...................................  | JPY | 23 654 |  |  |  |  | 167,09 | 0,00 |
| Neue Taiwan Dollar ................................  | TWD | 120 754 |  |  |  |  | 3 899,20 | 0,01 |
| Schweizer Franken .................................  | CHF | 3 925 |  |  |  |  | 3 943,21 | 0,01 |
| Südkoreanischer Won ..............................  | KRW | 14 009 082 |  |  |  |  | 10 359,08 | 0,03 |
| US-Dollar ........................................  | USD | 4 275 |  |  |  |  | 4 104,69 | 0,02 |
| Sonstige Vermögensgegenstände |  |  |  |  |  |  | 128 632,22 | 0,40 |
| Dividenden- / Ausschüttungsansprüche .................  |  |  |  |  |  |  | 42 420,28 | 0,13 |
| Forderungen aus der Überschreitung des „Expense Cap“ ..  |  |  |  |  |  |  | 64 655,69 | 0,20 |
| Sonstige Ansprüche ................................  |  |  |  |  |  |  | 21 556,25 | 0,07 |
| Summe der Vermögensgegenstände |  |  |  |  |  |  | 32 551 560,39 | 100,58 |
| Kurzfristige Verbindlichkeiten |  |  |  |  |  |  | -125 114,72 | -0,39 |
| EUR-Kredite ......................................  | EUR |  |  |  |  |  | -125 114,72 | -0,39 |
| Sonstige Verbindlichkeiten |  |  |  |  |  |  | -53 747,71 | -0,17 |
| Verbindlichkeiten aus Kostenpositionen ................  |  |  |  |  |  |  | -41 021,94 | -0,13 |
| Andere sonstige Verbindlichkeiten .....................  |  |  |  |  |  |  | -12 725,77 | -0,04 |
| Verbindlichkeiten aus Anteilscheingeschäften |  |  |  |  |  |  | -5 317,14 | -0,02 |
| Summe der Verbindlichkeiten |  |  |  |  |  |  | -184 179,57 | -0,58 |
| Fondsvermögen |  |  |  |  |  |  | 32 367 380,82 | 100,00 |

Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Rundungsdifferenzen entstanden sein.
Eine Aufstellung über die während des Berichtszeitraums abgeschlossenen Geschäfte, soweit sie nicht mehr in der Vermögensaufstellung erscheinen, ist auf Anforderung kostenlos bei der Verwaltungsgesellschaft erhältlich.
| Anteilwert bzw. umlaufende Anteile | Stück bzw. Währung | Anteilwert in der jeweiligen Währung |
| --- | --- | --- |
| Anteilwert Klasse IC EB ......................................  | EUR | 142,26 |
| Klasse LC ........................................  | EUR | 139,11 |
| Klasse TFC .......................................  | EUR | 141,55 |
| Klasse XC ........................................  | EUR | 142,09 |
| Klasse USD LC ....................................  | USD | 128,04 |
| Klasse USD TFC ...................................  | USD | 130,21 |
| Klasse USD XC ....................................  | USD | 130,75 |
| Umlaufende Anteile Klasse IC EB ......................................  | Stück | 99 294,000 |
| Klasse LC ........................................  | Stück | 9 760,434 |
| Klasse TFC .......................................  | Stück | 419,000 |
| Klasse XC ........................................  | Stück | 89 757,850 |
| Klasse USD LC ....................................  | Stück | 18 247,000 |
| Klasse USD TFC ...................................  | Stück | 114,000 |
| Klasse USD XC ....................................  | Stück | 14 450,000 |

Zusammensetzung des Referenzportfolios (gem. CSSF-Rundschreiben 11/512) MSCI World Index in EUR
Potenzieller Risikobetrag für das Marktrisiko (gem. CSSF-Rundschreiben 11/512)
| kleinster potenzieller Risikobetrag .....................  | % | 81,147 |
| --- | --- | --- |
| größter potenzieller Risikobetrag  .....................  | % | 116,108 |
| durchschnittlicher potenzieller Risikobetrag . . . . . . . . . . . . . | % | 98,816 |

Die Risikokennzahlen wurden für den Zeitraum vom 1.1.2022 bis 30.6.2022 auf Basis der Methode der historischen Simulation mit den Parametern 99% Konfidenzniveau, 10 Tage Haltedauer unter Verwendung eines effektiven, historischen Beobachtungszeitraumes von einem Jahr berechnet. Als Bewertungsmaßstab wird das Risiko eines derivatefreien Vergleichsvermögens herangezogen. Unter dem Marktrisiko versteht man das Risiko, das sich aus der ungünstigsten Entwicklung von Marktpreisen für das Fondsvermögen ergibt. Bei der Ermittlung des Marktrisikopotenzials wendet die Gesellschaft den relativen Value at Risk-Ansatzim Sinne des CSSF-Rundschreibens 11/512 an.
Die durchschnittliche Hebelwirkung aus der Nutzung von Derivaten betrug im Berichtszeitraum 0,0, wobei zur Berechnung die Summe der Nominalbeträge der Derivate in Relation zum Fondsvermögen gesetzt wurde (Nominalwertmethode).
Das durch Derivate erzielte zugrunde liegende Exposure gem. Punkt 40 a) der „Leitlinien zu börsengehandelten Indexfonds und anderen OGAW-Themen“ der European Securities and Markets Authority (ESMA) belief sich zum Berichtsstichtag unter Zugrundelegung einer Bruttobetrachtung auf EUR 0,00.
 Devisenkurse (in Mengennotiz)	
per 30.6.2022
| Australischer Dollar ..............  | AUD | 1,508945 | = | EUR | 1 |
| --- | --- | --- | --- | --- | --- |
| Brasilianischer Real ..............  | BRL | 5,468708 | = | EUR | 1 |
| Schweizer Franken ...............  | CHF | 0,995461 | = | EUR | 1 |
| Dänische Kronen ................  | DKK | 7,438694 | = | EUR | 1 |
| Britisches Pfund .................  | GBP | 0,856432 | = | EUR | 1 |
| Hongkong Dollar .................  | HKD | 8,172414 | = | EUR | 1 |
| Japanischer Yen .................  | JPY | 141,562199 | = | EUR | 1 |
| Südkoreanischer Won ............  | KRW | 1 352,347861 | = | EUR | 1 |
| Schwedische Kronen .............  | SEK | 10,710462 | = | EUR | 1 |
| Neue Taiwan Dollar ..............  | TWD | 30,968912 | = | EUR | 1 |
| US-Dollar ......................  | USD | 1,041549 | = | EUR | 1 |

 Erläuterungen zur Bewertung	
Die Anteilwerte werden in Verantwortung des Verwaltungsrats der SICAV durch die Verwaltungsgesellschaft ermittelt sowie die Bewertung der Vermögenswerte des Fondsvermögens durchgeführt. Die grundsätzliche Kursversorgung sowie die Preisvalidierung erfolgen nach den vom Verwaltungsrat der SICAV auf der Grundlage der in den gesetzlichen Bestimmungen/ Verordnungen bzw. im Prospekt der SICAV definierten Grundsätze für Bewertungsmethoden eingeführten Verfahren.
Sofern keine handelbaren Kurse vorliegen, werden Bewertungsmodelle zur Preisermittlung (abgeleitete Verkehrswerte) genutzt, die zwischen State Street Bank International GmbH, Luxembourg Branch, als externem Price Service Provider und der Verwaltungsgesellschaft abgestimmt sind und sich so weit als möglich auf Marktparameter stützen. Diese Vorgehensweise unterliegt einem permanenten Kontrollprozess. Preisauskünfte Dritter werden durch andere Preisquellen, modellhafte Rechnungen oder durch andere geeignete Verfahren auf Plausibilität geprüft.
Die in diesem Bericht ausgewiesenen Vermögenswerte werden zu abgeleiteten Verkehrswerten bewertet.