Fact sheet: DB Platinum Croci Gbl Div

Fund information

Fund name
DB Platinum Croci Global Dividends R1C-A USD
Fund company manager
Deutsche Asset Management SA
Fund type
SIB
Fund manager(s)
State Street Global Advisors
since 13/08/2012
Fund objective
The aim of the Fund is to invest in a portfolio of shares issued by large companies in the developed global market, selected using the CROCI Global Dividends Strategy (Strategy). The Strategy selects shares on the basis of an economic valuation using the Deutsche Bank CROCI(1) methodology. The selection universe contains at least 450 of the largest companies by market capitalization in the developed global market, excluding companies from the financial sector. The Strategy may exclude shares with low liquidity and companies that do not pass a series of dividend sustainability screens based on cash returns, financial leverage and volatility; and stocks paying zero dividends and those with a below average dividend yield. The Strategy then selects the fifty companies with the lowest positive CROCI economic price-earnings ratio (CROCI Ratio) from the remaining selection universe. The CROCI methodology enables the comparison of company valuations across sectors and regions on an equal basis by making certain adjustments to company reported financial statements providing the CROCI Ratios used to select the shares with the lowest valuations due to their price potential. The shares comprising the Strategy are reviewed quarterly and weighted equally upon each rebalancing. The Strategy has a selection buffer, which will prevent the replacement of an existing share unless its CROCI Ratio is sufficiently higher than that of the proposed replacement share.
Benchmark
MSCI World High Dividend Yield Index
Investment style
None
Investment method
Shares

Quick stats

1 Year return

18.7 %

1 Year rank in sector

209/483

Sector

FO Equity - International

Yield
-
Fund size

£ 263.0 m

FE Risk score

106

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    49.95%
  • Japan
    14.43%
  • Germany
    8.18%
  • Switzerland
    7.64%
  • France
    6%
  • Health Care
    24.66%
  • Consumer Discretionary
    20.2%
  • Information Technology
    12.9%
  • Materials
    12.2%
  • Industrials
    10.31%
  • US Equities
    49.95%
  • Japanese Equities
    14.43%
  • German Equities
    8.18%
  • Swiss Equities
    7.64%
  • French Equities
    6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.57 %5.99 %18.7 %16.27 %52.31 %
Sector1.03 %6.64 %17.3 %24.2 %65.08 %
Rank within sector491 / 507271 / 502209 / 483306 / 384238 / 290
Quartile th4 th3 rd2 nd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund16.57 %10.47 %-7.05 %-0.26 %23.33 %
Sector14.64 %7.94 %0.71 %5.96 %21.26 %
Rank within sector206 / 492133 / 447375 / 395302 / 346136 / 302
Quartile th2 nd2 nd4 th4 th2 nd

Risk statistics

Alpha-3.11
Beta1.18
Sharpe0.2
Volatility11.71
Tracking error4.85
Information ratio-0.4
R-Squared0.84

Price movement

52 week high195.66
52 week low161.32
Current bid price0
Current offer price0
Current mid price192.57

Holdings by region

  • 49.95% USA
  • 14.43% Japan
  • 8.18% Germany
  • 7.64% Switzerland
  • 6% France
  • 5.82% Others
  • 4.15% Netherlands
  • 1.94% UK
  • 1.89% Australia

Holdings by sector

  • 24.66% Health Care
  • 20.2% Consumer Discretionary
  • 12.9% Information Technology
  • 12.2% Materials
  • 10.31% Industrials
  • 9.65% Consumer Staples
  • 5.87% Utilities
  • 2.22% Energy
  • 1.99% Telecommunications Utilities

Holdings by asset type

  • 49.95% US Equities
  • 14.43% Japanese Equities
  • 8.18% German Equities
  • 7.64% Swiss Equities
  • 6% French Equities
  • 5.82% International Equities
  • 4.15% Dutch Equities
  • 1.94% UK Equities
  • 1.89% Australian Equities

Individual holdings

  • 2.23% GILEAD SCIENCES INC
  • 2.21% DENSO CORP
  • 2.21% VF CORP
  • 2.14% LYONDELLBASELL INDUSTRIES NV
  • 2.09% HENNES & MAURITZ AB
  • 2.07% TOYOTA MOTOR CORP
  • 2.06% NOVARTIS AG
  • 2.05% AMGEN INC
  • 2.05% DEUTSCHE POST AG
  • 2.04% HOLCIM LTD