DWS Global Equity VIP
Data updated: 2021-11-19
C000017202 — DWS Global Equity VIP. Latin America Blend / Core Equity · $25.70M AUM · 0.85% expense ratio. Holdings, fees, performance and SEC filings.
C000017202 Fund Overview
DWS Global Equity VIP is a US mutual fund managed by Deutsche Dws Variable Series II, categorised as Latin America Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Deutsche Dws Variable Series II
- Category: Latin America Blend / Core Equity
- Assets under management: $25.70M
- 1-year return: 22.1%
- SEC CIK: 0000810573
- SEC series ID: S000006254
- Share class ID: C000017202
C000017202 Investment Objective and Strategy
DWS Global Equity VIP describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Deutsche Dws Variable Series II.
Investment objective
The fund seeks capital appreciation.
Principal investment strategy
"Main investments. Under normal circumstances, the fund invests at least 80% of its assets, determined at the time of purchase, in equity securities and other securities with equity characteristics. For purposes of the fund's 80% investment policy, the term ""assets"" means the fund's net assets, plus the amount of any borrowings for investment purposes. In addition to common stock, other securities with equity characteristics include preferred stock, convertible securities, warrants and exchange-traded funds (ETFs). Although the fund can invest in companies of any size and from any country, it invests mainly in common stocks of established companies in countries with developed economies. Under normal conditions, the fund will have investment exposure to at least three countries and combined direct and indirect exposure to foreign securities, foreign currencies and other foreign investments (measured on a gross basis) equal to at least 40% of the fund's net assets.
For purposes of the foregoing policy, an investment is considered to be an investment in a foreign security or foreign investment if the issuer is organized or located outside the US or is doing a substantial amount of business outside of the US. An issuer that derives at least 50% of its revenue from business outside the US or has at least 50% of its assets outside the US will be considered to be doing a substantial amount of business outside the US. The fund may also invest a portion of its assets (typically not more than 35% of its net assets) in securities of companies located in emerging markets, such as those of many countries in Latin America, the Middle East, Eastern Europe, Asia and Africa. The fund may also invest up to 20% of its net assets in cash equivalents and US investment-grade fixed-income securities of any maturity or duration.
Management process. Portfolio management aims to add value through stock selection. In choosing securities, portfolio management employs a bottom-up selection process to identify companies it believes are well-positioned for growth. Portfolio management utilizes a proprietary investment process designed to identify attractive investments utilizing proprietary research, including regional and sector research, conducted by in-house analysts. The investment process also takes into consideration various valuation metrics to assess the attractiveness of stocks and assists portfolio management in devising allocations among investable securities. Securities Lending. The fund may lend securities (up to one-third of total assets) to approved institutions, such as registered broker-dealers, banks and pooled investment vehicles."
C000017202 Performance
Total returns for C000017202 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 22.1% |
| 3 years (annualised) | 19.2% |
C000017202 Risk Information
Risk metrics for C000017202, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.1%
C000017202 Costs and Fees
C000017202 costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 1.16%
- Portfolio turnover: 13%
- Brokerage commissions: 1.49 bps of average net assets (SEC N-CEN)
C000017202 Cashflows
Over the 12 months to 2021-09, DWS Global Equity VIP had net outflows of $9.29M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-09 | −$7.59M |
| 2021-08 | −$1.05M |
| 2021-07 | −$190.35K |
| 2021-06 | −$195.20K |
| 2021-05 | −$99.14K |
| 2021-04 | $1.13M |
C000017202 Debt Constituents
No individual debt constituents are reported in DWS Global Equity VIP's latest SEC N-PORT filing.
C000017202 Prospectus and SEC Filings
Official DWS Global Equity VIP filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-27
- Prospectus (485BPOS) — filed 2020-05-20
- Prospectus (485BPOS) — filed 2019-05-17
- Portfolio holdings (N-PORT) — filed 2021-11-19
- Portfolio holdings (N-PORT) — filed 2021-08-27
- Portfolio holdings (N-PORT) — filed 2021-05-26
- Annual census (N-CEN) — filed 2021-03-10
- Annual census (N-CEN) — filed 2020-03-09
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.