DWS RREEF Global Real Estate Securities Fund (RRGAX)

Overview

The investment described aims for total return, primarily through investments in the real estate sector. It focuses on allocating at least 80% of its net assets, alongside any borrowings for investment purposes, in a mixture of equity and debt securities. These securities are issued by entities deeply entrenched in the real estate domain, such as Real Estate Investment Trusts (REITs), REIT-like structures, or real estate operating companies. The fund shows a considerable flexibility by not limiting its investments to domestic regions, thereby broadening its scope to include international real estate companies as well. This diversified approach is geared towards leveraging the potential returns from a wide array of real estate investments, reflecting the fund’s strategic emphasis on the real estate industry as a fundamental component of its portfolio.

Products and Services

• Equity and Debt Securities Investment

  The core of the fund's strategy revolves around investing a significant portion of its assets into equity and debt securities. These securities are specifically issued by real estate companies, including but not limited to REITs and REIT-like structures. By focusing on this niche, the fund aims to tap into the growth and income potential within the real estate sector, targeting total returns for its investors.

• Real Estate Investment Trusts (REITs) and REIT-like Structures

  A substantial emphasis is placed on the investment in REITs and REIT-like structures. These vehicles offer investors a way to participate in the ownership of real estate in a manner that can provide income through dividends as well as the potential for capital appreciation. The fund’s approach to include REITs and similar entities in its portfolio underscores its commitment to capturing the unique opportunities presented by the real estate market.

• Investments in Real Estate Operating Companies

  Beyond REITs and REIT-like structures, the fund also extends its investments to real estate operating companies. These are companies primarily engaged in the real estate industry, including property management, development, and other real estate-related services. This strategy diversifies the investment portfolio further, offering access to different facets of the real estate sector and possibly enhancing the fund’s risk-adjusted returns.

• Global Investment Reach

  The fund does not confine its investment strategy to domestic markets alone, instead choosing to invest without geographic limitations. This global perspective allows the fund to seize opportunities in real estate across different countries and regions, benefiting from the diverse market dynamics and potential growth in international real estate markets.

• Diversified Asset Allocation

  In addition to its real estate-centric investments, the fund might allocate a portion of its assets to other types of securities. This could include, but is not limited to, stocks, bonds, or other financial instruments that may complement its primary real estate investments. This diversification strategy is intended to manage risk and potentially enhance the fund’s overall return profile.