DekaLux-GlobalResources

Investment rationale

DekaLux-GlobalResources CF is a Luxembourg UCITS equity fund designed for medium- to long-term capital growth through shares held in the portfolio. With a summary risk indicator of 4 out of 7 and a recommended holding period of 6 years, it is positioned for investors seeking long-term wealth accumulation or optimisation and who can bear losses up to a total loss of invested capital. Its exposure is distinct because it focuses globally on companies whose revenues or annual profits are predominantly linked to oil, natural gas and other raw materials. Based on this sector-specific global resources focus, it is a specialised portfolio component rather than a broad diversified core equity holding.

2026-04-16

How the strategy works

The fund’s objective is to achieve medium- to long-term capital appreciation from positive share price development of the equities held in the portfolio, while seeking the highest possible return consistent with appropriate risk for this asset class. It invests worldwide mainly in equities of companies that generate most of their sales revenues or annual earnings from the production, research, extraction, distribution and marketing of crude oil, natural gas and other commodities. The fund follows an active investment approach and uses the 100% Deka Global Resources Index Net Return in Euro to assess the success of the security selection process and to calculate any performance-related fee, but security selection is made independently of that reference value and without related quantitative or qualitative constraints. Derivatives may be used for investment and/or hedging purposes, income is generally distributed for this share class, more than 50% of assets before deducting liabilities are invested in equity participations within the meaning of § 2 para. 8 InvStG, and the recommended holding period is 6 years.

2026-04-16

Investment philosophy

• The investment universe is global and consists mainly of equities of companies whose revenues or annual results are generated predominantly from the production, research, extraction, distribution and marketing of crude oil, natural gas and other raw materials.

• The fund uses an active investment approach based on an overall company assessment rather than index-constrained portfolio construction.

• Security selection focuses primarily on balance-sheet data and business metrics such as the equity ratio and net indebtedness, alongside qualitative criteria such as product quality and the quality of the company’s business model.

• Market and industry attractiveness are additionally assessed using macroeconomic data.

• The 100% Deka Global Resources Index Net Return in Euro is used to evaluate the success of the selection process and to determine the performance fee, while initial and ongoing security selection remains independent of the index and its quantitative or qualitative constraints.

2026-04-16

Distinctive features

The fund is differentiated by its explicit global resources specialisation, investing mainly in companies tied to oil, natural gas and other commodities across the full chain from research and extraction to distribution and marketing. It combines this sector focus with a fully active selection process that is not constrained by the reference index, even though the index is used for evaluation and performance-fee purposes. The share class generally distributes income, and the fund can use derivatives for both investment and hedging purposes. Redemptions are generally possible on each valuation day, subject to the fund’s stated liquidity management powers.

2026-04-16

Risks

The fund has a summary risk indicator of 4 on a scale from 1 to 7, which classifies it in the medium risk category, and early redemption can materially change the actual risk and may reduce the amount returned. It does not provide capital protection, so investors may lose part or all of their invested capital, and potential losses from future performance are assessed as medium. Under very unfavorable market conditions, the fund’s ability to meet redemption requests may be impaired, and the management company may suspend or restrict redemptions or extend redemption periods for liquidity management reasons. Other material risks include losses caused by errors by acting persons or organisations, fraud or natural events, and investors may also suffer losses if the depositary fails; deposits for the fund are not protected by the Sparkassen-Finanzgruppe institutional deposit protection scheme.

2026-04-16

Asset manager

The fund is managed by Deka International S.A., the management company and manufacturer of the product. Deka International S.A. belongs to the Deka Group. The fund itself is a Luxembourg-domiciled UCITS and the depositary is DekaBank Deutsche Girozentrale, Frankfurt am Main, Luxembourg branch. The management company has delegated the exercise of investment decisions for the fund to Deka Investment GmbH.

2026-04-16