An innovative approach to commodity investing
Commodity investments have historically offered investors portfolio diversification and a hedge against inflation. Diversification cannot protect against loss.
The fund invests in 23 commodities spanning the five main sectors of energy, agriculture, industrial metals, livestock and precious metals.
The senior investment team averages approximately 27 years of industry experience, including an average of more than 16 years with DWS (as of 12/31/21).
Without a waiver, returns would have been lower and any rankings/ratings might have been less favorable.
Source: Lipper Inc. Rankings are historical and do not guarantee future results. Rankings are based on the fund’s total return unadjusted for sales charges with distributions reinvested. If sales charges had been included, where applicable, results might have been less favorable.
Rick Smith CFA
38 years experience
15 years experience
Fund Inception Date
Share Class Inception Date
Total Net Assets
Number of Holdings
Turnover Rate %
Minimum Initial Investment
Subsequent Investment Amount
Minimum Initial IRA Investment
Subsequent IRA Investment
Class A and T shares are subject to a maximum front-end sales charge. Class C shares include a deferred sales charge which declines to zero after first year. The Institutional, R6 and S share classes are not subject to a sales charge.
Class T shares are closed to new purchases, except in connection with the reinvestment of dividends or other distributions where Class T shares have been issued. Class R6 shares are generally available only to certain qualifying plans and programs, which may have their own policies or instructions for buying and selling fund shares.
Class S shares are only available to a limited group of investors as well as through firms that have an agreement with DWS Distributors, Inc. to offer the shares on an agency basis on brokerage platforms.
Institutional Class shares are generally available only to qualified institutions.