Objective
The aim is for your investment to track the performance, before fees and expenses, of the MSCI North America High Dividend Yield Index (Index). The Index is based on the MSCI North American Index (Parent Index), which is designed to reflect the performance of large and medium sized US and Canadian companies.||The Index includes only securities that offer a higher than average dividend return relative to the parent index and that pass dividend sustainability screens: (a) securities included in the Index must have a dividend rate which is at least 30% higher than the dividend yield of the Parent Index; and (b) securities included in the Index must have sustainable dividend returns, meaning that securities are not considered for inclusion if they have a dividend payout that is either (i) extremely high (defined to be the top 5% of securities within the universe of securities with positive payout), (ii) zero or (iii) negative, and therefore future dividend payments might be in jeopardy.||The Index is calculated on a total return net basis. This means that all dividends and distributions by the companies are reinvested in the shares after tax. ||The Index is reviewed and rebalanced on a quarterly basis and may also be rebalanced at other times in order to reflect corporate activity such as mergers and acquisitions. The Index is calculated in US Dollars on a daily basis.||To achieve the aim, the Fund will attempt to replicate the Index, before fees and expenses, by buying all (or, on an exceptional basis, a substantial number of) the shares in the Index in the same proportion as the Index as determined by DWS entities.||The Fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of derivatives. || No dividends will be paid on your shares.||You may redeem your investment on demand on a daily basis.
- Leverage -
- Currency hedgingNo
No change