DekaLux-GlobalResources
Equity · Global · Sector
Figures refer to the share class ISIN LU0349172485, currency EUR, retail share class.
Fund documents
For the share class shown above.
Factsheet: not publicly available (not found in the public sources checked).
KID (PDF, 16.04.2026)Key facts
- Management company
- Deka International SA
- Asset class
- Equity
- Geography
- Global
- Strategy
- Sector
- Share class currency
- EUR
- Share class inception
- 02.06.2008
- Fund size
- 282 million (as at 15.09.2026)
- Management fee
- 1.25%
- Performance fee
- Yes
- Liquidity
- Not available in this publication
- UCITS
- Yes
- Risk grade (SRRI)
- Not available in this publication
- Registered in Switzerland
- No (qualified investors only)
Price history
Fund and benchmark rebased to 100 at 30.09.2021.
Table view
| Period | From | Fund (100 at start) | Benchmark (100 at start) |
|---|---|---|---|
| 1Y | 02.10.2025 | 136.2 | 114.4 |
| 3Y | 29.09.2023 | 155.7 | 144.7 |
| 5Y | 30.09.2021 | 186.1 | 144.7 |
| Since 2001 | 30.09.2016 | 228.8 | 181.3 |
NAV per share, distributions not reinvested.
The benchmark is a total-return index and includes reinvested income.
In EUR, the currency of the share class shown.
Fund history to 29.09.2026.
Benchmark history to 28.09.2026.
The table shows each series at its own ending date; the comparison periods are not identical.
Past performance is not a reliable indicator of future results, and the value of investments can fall as well as rise.
Performance against the benchmark
| 1M | 3M | 6M | YTD | 2025 | 2024 | 2023 | 1Y | 3Y | 5Y | Volatility | Sharpe R. | Max DD | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FundISIN LU0349172485, currency EUR, retail share class | 11.22 | 8.20 | 6.29 | 33.53 | 29.96 | -2.70 | 3.18 | 57.16 | 21.05 | 17.72 | 19.70 | 0.95 | -13.00 |
| BenchmarkGlobal natural resources (tracker proxy) EUR | -0.04 | 6.40 | 5.78 | 14.04 | 5.03 | 14.70 | 3.49 | 17.48 | 13.36 | 8.24 | 10.59 | 0.98 | -10.00 |
| Differencefund minus benchmark, in percentage points | 11.25 | 1.80 | 0.52 | 19.49 | 24.93 | -17.40 | -0.31 | 39.68 | 7.69 | 9.49 | – | – | – |
Within the list: OpenList — Real Assets
Compared with the equity funds on OpenList — Real Assets (10 funds), each in the share class and currency its list shows. Returns are in each share class's own currency and are not converted.
| This fund | Group median | Position | |
|---|---|---|---|
| Return 1Y | 57.16 | 38.42 | 2 of 10 |
| Return 3Y p.a. | 21.05 | 21.13 | 6 of 10 |
| 3Y p.a. over its own benchmark | 7.69 | 5.19 | 4 of 10 |
| Volatility 3Y | 19.70 | 16.79 | 7 of 10 |
| Sharpe ratio 3Y | 0.95 | 0.98 | 6 of 10 |
| Max drawdown 3Y | -13.00 | -10.99 | 7 of 10 |
| Management fee | 1.25% | 1.05% | 7 of 10 |
Position 1 is the highest value, except for volatility and the management fee, where 1 is the lowest; for max drawdown, 1 is the smallest fall.
Return against risk, 3 years
WSP report
Ask WSP which research is available for this fund and what it covers.
Enquire about WSP researchBack to the list: OpenList — Real Assets
Performance: in %, in the currency of the share class shown. 3Y and 5Y are annualised. Volatility and Sharpe ratio are over three years; Max DD is the largest fall over three years.
Benchmark: each fund is measured against the index its own documents name. Where WSP measures a fund against a comparator of its own instead, the row names it: a tracker or a blend of the markets the fund invests in, or a cash-plus hurdle
– means not applicable. "Not available in this publication" means no value is shown here; it does not mean zero.
Period figures as of 31.08.2026.
This page is advertising within the meaning of the Swiss Financial Services Act. It is not an offer, a recommendation or investment advice. The prospectus and key information document for any fund shown may be obtained free of charge from its management company or Swiss representative
WSP commentary
Draft commentary, machine-generated from the fund's key information document (PRIIPs) dated 16.04.2026, not yet reviewed by WSP.
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.
Investment strategy
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 net assets excluding liabilities are invested in equity participations within the meaning of § 2 para. 8 InvStG, and the recommended holding period is 6 years.
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.
The 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.
Strengths
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.
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 the document states that 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 named 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.