Notification of changes to the underlying fund of DWS Invest Global Agribusiness mirror funds

24 Aug 2026

Notification of changes to the underlying fund of:

• R12 DWS Invest Global Agribusiness
• Z18 DWS Invest Global Agribusiness*

(together the "Affected Mirror Funds")

We have been notified by the management company of DWS Invest (the “Company”) of the following upcoming changes to the underlying fund of the Affected Mirror Funds. These changes will take effect from 14 September 2026 (the “Effective Date”).

Harmonisation of the investment policy 

As part of an initiative by the Company to apply a harmonised and standardised structure across their fund range, the investment policy of the underlying fund of the Affected Mirror Funds has been reviewed and will be updated from the Effective Date. The updates primarily relate to the organisation and clarification of the investment policy provisions, including the presentation of the investment objective, the description of eligible assets, the main and ancillary investment framework, the use of derivatives, applicable limits, exclusions and related risks disclosures. The revisions are intended to improve clarity, transparency and overall consistency of the investment policy disclosures. 

Revision of the investment policy and eligible assets 

In addition to clarification changes to the investment objective and policy, the following amendments will be introduced to the underlying fund of the Affected Mirror Funds; 

• The use of derivatives and financial indices will be described more clearly, setting out the permitted instruments, purposes and conditions. The maximum of the underlying fund Net Asset Value (NAV) which may be invested in financial derivative instruments (excluding currency hedging instruments) that constitute long positions without corresponding coverage will be increased from 35% to 40%.
• The ancillary investment framework of the underlying funds will be expanded by introducing explicit quantitative limits for additional asset classes.
• A consolidated provision will be introduced allowing investments of up to 10% of the net assets in certain securities and financial instruments that may involve higher complexity or risk, within defined limits.
• The maximum allocation to money market funds and UCITS/UCIs will be increased from 5% to 10%.

Amendments to the pre-contractual disclosure 

From the Effective Date, the “Exposure to controversial sectors”, “Exposure to controversial weapons” and “Target Fund Assessment” sections of the pre-contractual disclosure for the underlying fund of the Affected Mirror Funds will be amended to include additional exclusions. 

These changes will take effect automatically and policyholders do not need to take any action. 

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

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*Fund applicable to Hong Kong designated policyholders.