NRES, the first actively managed ETF by DWS, aims for total return. It focuses on the global natural resources sector, encompassing agriculture, energy, and metals industries. The funds approach involves top-down and bottom-up research, considering factors like supply/demand, ESG criteria, and market interrelations. Insight into commodity-price cycles, sector interdependencies, and trends guide its decision-making process amid evolving market conditions. This approach enhances the ability of NRES to harness investment prospects. The fund may concentrate its investments in non-US issuers and diversify up to 20% of its assets into debt securities, short-term investments, and ETFs for liquidity purposes and enhanced risk management. By leveraging this flexibility, NRES seeks to deliver optimal returns while navigating the complexities of the natural resources space. The funds goal is to position itself to seize investment opportunities for long-term growth and value creation.