DWS European Opportunities is an active equity fund from DWS, ISIN DE000DWS2NN9.
Active
Equity
Europe
Fund size (GBP) £1.7B
The fund invests in European mid- and small-cap stocks. The critical selection criteria are the fundamental business- and ESG aspects of the company. We look for opportunities that fall into one of two concepts, either “Mispriced Inflection”, or “Quality-Growth-at-a-reasonable price”. The fund is actively managed. The objective of the investment policy is to achieve sustained capital appreciation that exceeds the benchmark (<PUBL_BENCHMARK>).
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
+10.2%Q2
1 year return
+38.8%
3 year return
+17.3%
5 year return
Chart type
Compare with
Show
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month−4.8%
3 months−2.0%
Volatility, 3 years13.9%
Ongoing charge (OCF)
Fund size (GBP)£1.7B
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 6 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Equities94.6%
Money Market4.3%
Property Shares1.1%
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Germany20.8%
International12.1%
UK12.0%
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
German Equities20.8%
International Equities12.1%
UK Equities12.0%
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 6 Oct 2026.
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years13.9%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)0.53
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−14.8%
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 7 Jul 2026.
Regulatory risk rating (SRRI)6 of 7
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
DE000DWS2NN9
Fund manager
Schweneke, Pucker
Management company
DWS Investment GmbH
Depositary
DWS Investment GmbH
Benchmark
70% STOXX Europe MID 200 TR net, 30% STOXX Europe Small 200 TR net
Ongoing charge
Share class launch date
11 Jul 2017
Domicile
DE
Fund type
open-ended fund
SRRI
6 of 7
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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