- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 875 Third Avenue New York NY United States of America 10022-6225
- IPO Date
- Jul 30, 1999
- Business
- DWS Large Cap Focus Growth Fund (Class A) (SGGAX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity securities of large U.S. companies demonstrating superior growth potential, similar in size to those in the Russell 1000 Growth Index. Under normal circumstances, the fund invests at least 80% of net assets, plus any borrowings for investment purposes, in such large-cap growth stocks; top holdings as of recent data include NVIDIA Corp (approximately 12-15%), Microsoft Corp (11-12%), Amazon.com Inc, Alphabet Inc, and Apple Inc, representing over 45% of the portfolio; sector allocations emphasize technology (around 45%), communication services (13%), consumer cyclical (12%), and healthcare (11%). The fund offers Class A shares with a front-end load of 5.75%, net expense ratio of 1.06%, and minimum initial investment of $1,000.
DWS Investment Management Americas, Inc. serves as investment adviser, with a portfolio management team comprising Sebastian Werner (since October 2016), Daniel Fletcher (since December 2022), and John Moody (since April 2023). The fund, part of the DWS family, operates within the large growth category, domiciled in the United States with total net assets of approximately $387 million for all classes and $44 million for Class A shares as of late 2025. It primarily targets U.S. investors seeking exposure to high-growth large-cap equities, with nearly 99% allocation to U.S. stocks.
Inaugurated on August 2, 1999 for Class A shares (with the broader fund series tracing to May 15, 1991), the fund underwent a significant reorganization on July 2, 2018, when its predecessor trust was renamed Deutsche DWS Investment Trust and the fund adopted its current name from prior iterations. Recent portfolio adjustments reflect strategic emphasis on leading technology and growth names amid market volatility, including increased weighting in semiconductors and cloud computing leaders; no major acquisitions, mergers, funding rounds, or partnerships specific to the fund were reported in 2024-2025, though DWS Group pursued broader executive realignments and investment platform enhancements during 2022-2023 to improve scalability. The fund remains available for sale exclusively in the United States, with daily pricing and no deferred loads or redemption fees.