DWS has launched a new sustainable investing equity fund, the DWS Invest ESG Women for Women fund.
DWS says the fund invests globally in companies that focus on environmental protection, good corporate governance and fair treatment of their employees. The fund pays particular attention to social aspects – to the “S” in “ESG”.
The fund will be managed by a 12-strong team of female portfolio managers led by Katharina Seiler, Valerie Schueler and Lilian Haag and use DWS’s Social Commitment Score.
This score evaluates companies with regard to five factors: In addition to working conditions along the entire value chain, the topics of equal rights and opportunities, gender distribution at management level, work-life balance and flexibility of the working environment are included in the analysis.
“Social aspects are an increasingly important success factor for companies. They can have a positive effect on the productivity and profits of companies, which should also be reflected in a positive performance on the stock market in the long term,” explains portfolio manager Valerie Schueler, referring to history: over a period of 5 years, U.S. companies from the S&P 500 Index that are well positioned in terms of the “S factor” have performed better than the broad market. The shortlist for the fund includes companies that are leaders in the ” Social Commitment Score” as well as companies whose recent development the portfolio management identifies as particularly attractive.”.