Notification of changes to the underlying fund of R12 - DWS Invest Global Agribusiness

01 Dec 2021

R12 - DWS Invest Global Agribusiness

We have been notified by DWS Invest, SICAV (the “Company”) of the following various changes regarding the underlying fund into which R12 - DWS Invest Global Agribusiness invests.  These changes will take effect as of 31 December 2021  (the “Effective Date”).

A summary of the changes is noted below, and a copy of the notification document with full details can be viewed opposite:

Changes to the Sales Prospectus:

1. Overcollateralization in relation to securities lending transactions
The values to the overcollateralization in relation to securities lending transactions will be updated.

2. Change regarding sustainability risks
The fund management will take into account account sustainability risks, which in future will no longer be determined by using the "smart integration" methodology, but by way of the "ESG integration" methodology. The dedicated description can be found in the general and special section of the Sales Prospectus.

3. Use of Synthetic Dynamic Underlyings
In the future, a sub-fund will have the option to make use of Synthetic Dynamic Underlyings (SDU). The respective special section of the Sales Prospectus provides the explicit information whether a sub-fund will make use of SDUs. The general section of the Sales Prospectus will be amended with a full description of SDUs:

4. Exclusion of redemption in kind
As of the Effective Date, the Management Company will not accept applications for redemption in kind. Hence, the respective information concerning redemption in kind will be removed from the General Section of the Sales Prospectus.

5. Transparency regarding taxonomy regulation
Additional information will be disclosed in accordance with Regulation (EU) 2020/852 of the European Parliament and of the Council of 18 June 2020 on the establishment of a framework to facilitate sustainable investment (taxonomy regulation). This information is based on regulatory disclosure requirements and is provided for transparency purposes. It does not constitute a change to the investment policy.

6. Change of the investment policy
In future, the funds will promote environmental and social characteristics in accordance with Article 8(1) of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial sector (“SFDR”).The investment policy will be amended accordingly, as of the Effective Date.

Should you have any questions regarding these changes, please contact the Investment Marketing Team.