Morningstar® Investment Profile™   Morningstar®
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DWS Global Small Cap VIP B
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-04-30
Out of 135
Global Small/Mid Stock Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
61.79
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks above-average capital appreciation over the long term.
The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in common stocks and other equities of small companies throughout the world (companies with market values similar to the smallest 30% of the aggregate market capitalization of the S&P Developed Broad Market Index). While the fund may invest in securities of any country, portfolio management generally focuses on countries with developed economies (including the U.S.).
  Morningstar Category: Global Small/Mid Stock
Global small/mid stock portfolios invest in a variety of international stocks that are smaller. Global-stock portfolios have few geographical limitations. It is common for these portfolios to invest the majority of their assets in developed markets, with the remainder divided among the globe’s smaller markets. These portfolios are not significantly overweight U.S. equity exposure relative to the Morningstar Global Market Index and maintain at least a 20% absolute U.S. exposure. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 63.8
Bullet Non-U.S. Stocks Non-U.S. Stocks 34.8
Bullet Bonds Bonds 0.0
Bullet Cash Cash 1.4
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 43.73
Basic Materials 7.10
Consumer Cyclical 16.29
Financial Services 12.88
Real Estate 7.46
Sensitive 39.75
Communication Services 3.43
Energy 4.08
Industrials 22.33
Technology 9.91
Defensive 16.51
Consumer Defensive 4.83
Healthcare 9.23
Utilities 2.45
Data through 2024-03-31
Morningstar World Regions
% Fund
Americas 66.1
North America 65.2
Latin America 0.8
Greater Europe 23.0
United Kingdom 5.7
Europe Developed 17.3
Europe Emerging 0.0
Africa/Middle East 0.0
Greater Asia 10.9
Japan 5.7
Australasia 2.7
Asia Developed 2.5
Asia Emerging 0.0
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 123
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 22.45
Turnover % (as of 2023-12-31) 26.00
30 Day SEC Yield % 0.00
Top Holdings
Sector Country % of Net
Assets
Builders FirstSource Inc United States 3.28
Modine Manufacturing Co United States 2.69
TopBuild Corp United States 2.58
Rush Enterprises Inc Class A United States 2.56
Casey's General Stores Inc United States 2.50
Buzzi Spa Italy 2.10
Thermon Group Holdings Inc United States 1.76
SentinelOne Inc Class A United States 1.71
SouthState Corp United States 1.65
Synovus Financial Corp United States 1.62
Data through 2024-03-31
  Principal Risks   
Lending, Credit and Counterparty, Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Quantitative Investing, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Derivatives, Pricing, Management, Small Cap
Show Risk Definitions
  Other Information
Inception Date: 1997-05-02
Portfolio Manager(s)
Pankaj Bhatnagar   (2021-02-01)
Pankaj Bhatnagar, PhD, Head of Investment Strategy Equity. ■Joined DWS in 2000 with seven years of industry experience; previously, served in Quantitative Strategy roles at Nomura Securities, Credit Suisse and Salomon Brothers. ■Head of Core Equity and Head of Systematic and Quantitative Management: Americas. ■Degree in Civil Engineering, Indian Institute of Technology; MBA, Kent State University; PhD in Finance, University of North Carolina at Chapel Hill.
Peter M. Barsa   (2018-04-19)
- Portfolio Manager and Equity Research Analyst for Small and Mid Cap Equities: New York - Joined the Company in 1999, equity research analyst covering consumer discretionary and consumer staples and global small cap equity research generalist. - BS in Finance, Villanova University
Investment Advisor(s)
DWS Investment Management Americas, Inc.
Issuer
DWS
Subadvisor(s)
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