E.ON Rentenfonds DWS

E.ON Rentenfonds DWS is an actively managed euro-focused bond fund that aims to match the performance of a benchmark composed of 80% iBoxx Euro Germany 1-10Y government bonds and 20% iBoxx Euro Corporate AA corporate bonds. The fund invests at least half of its assets in interest-bearing securities from both German and international issuers, primarily in euros to minimize currency risk. Additionally, up to 10% of the fund can be allocated to shares of other funds, with a portion restricted to money market funds. While most of the investments align closely with the benchmark, the fund management has the flexibility to select specific securities, sectors, or ratings outside the benchmark to take advantage of unique investment opportunities, ensuring the portfolio remains similar in composition to the benchmark.