DWS Investment S.A.

Fund Company

DWS Investment S.A. - http://www.dws.com
 
Experience. Integrity. Worldwide Access.

DWS Investments is the U.S. retail brand of Deutsche Bank’s global asset management division. With access to the expertise of a powerful global network in 16 countries, DWS Investments strives to make innovative investment strategies and solutions, traditionally reserved for institutions and high net worth individuals, available to the U.S. retail investor.

DWS Investments manages $113.7 billion (as of 8/31/2012) in retail and retirement assets in more than 160 mutual funds and variable insurance portfolios across all major asset categories in the U.S. Organizations under the DWS brand manage approximately $318.3 billion globally (as of 8/31/2012).  While Deutsche Bank does not financially back the DWS Investments products in the United States, DWS Investments like its parent company, Deutsche Bank, has a commitment to client relationships as the cornerstone of their business. Each part of the organization is rich in history and intellectual resources from around the world. That is what helps DWS deliver investment intelligence and core strategies globally. For DWS Investments in the United States, the objective is simple: Help address today's investment challenges with an eye to
the future.

A Global Force


Founded in Hamburg Germany in 1956 as DWS—Deutsche Gesellschaft für Wertpapiersparen mbH—(“Deutsche Enterprise for Securities Savings”) and later shortened to DWS—Die Wertpapier Spezialisten (“The Fund Specialists”). Originally, the activities involved products and investment services that were initially offered to investors in Germany and throughout Europe. Activities under the DWS Investments brand were later expanded to include separate line-ups of products and investments services for investors in the United States, Asia and other regions around the world. Today, DWS Investments offers investors access to local insight and perspective from around the world.


Company

Fund Name

ISIN

Currency

Inception Date

Rating

Risk

Profile

DWS Investment S.A.

DWS Emerging Asia Cap

LU0045554143

EUR

24/03/1993

1

High

Mandarin Fonds is invested in equities of the most important markets of Southeast Asia. Emphasis is placed on broadly diversified blue chips. A smaller proportion of assets is invested directly in China.

DWS Investment S.A.

DWS Lateinamerika Fund

LU0055698269

EUR

03/05/1994

1

High

The objective of the investment policy of DWS Lateinamerika is to achieve above-average appreciation of capital invested in euro. At least 70% of the fund’s assets are invested in equities, convertible bonds, warrant-linked bonds and dividend-right certificates issued by companies registered in a Latin American country such as Argentina, Brazil, Chile, Columbia, Mexico, Peru or Venezuela.

DWS Investment S.A.

DWS Osteuropa Fund Cap

LU0062756647

EUR

06/11/1995

4

Medium

The goal of DB Osteuropa is to achieve medium- to long-term returns in Eastern Europe. The fund is invested in equities, foreign share certificates, convertible bonds and warrants. Regional emphasis is on Poland, the Czech Republic and Hungary due to the strong economic progress achieved in these countries.

DWS Investment S.A.

DWS India Fund Cap

LU0068770873

EUR

30/07/1996

2

Medium

DB India Fund is invested in the emerging markets of India. The fund may hold stocks traded on Indian stock exchanges as well as Indian stocks traded as foreign certificates on other markets such as in London. Fund shares are denominated in USD

DWS Investment S.A.

Fi Alpha Global Fund

LU0077757846

EUR

01/07/1997

3

High

The fund is intended for the growth-oriented investor seeking returns higher than those from capital-market interest rates, with capital growth generated primarily through opportunities in the equity and currency markets. Security and liquidity are subordinate to potential high returns. This entails higher equity, interest-rate and currency risks, as well as default risks, all of which can result in loss of capital.

DWS Investment S.A.

DWS Bestselect Branchen  Fund

LU0107864448

EUR

09/02/2000

1

Medium

The fund is intended for the growth-oriented investor seeking returns higher than those from capital-market interest rates, with capital growth generated primarily through opportunities in the equity and currency markets. Security and liquidity are subordinate to potential high returns. This entails higher equity, interest-rate and currency risks, as well as default risks, all of which can result in loss of capital.

DWS Investment S.A.

FPM Fund Stockpicker Germany All Cp

LU0124167924

EUR

29/01/2001

3

High

The relative value-at-risk (VaR) approach is used to limit market risk for the sub-fund. In addition to the provisions in the general section of the sales prospectus, the potential market risk of the sub-fund is measured with the aid of a reference portfolio (benchmark) that does not contain derivatives.

DWS Investment S.A.

DWS Global Value Dis

LU0133414606

EUR

18/06/2001

4

Medium

The objective of the investment policy of DWS Global Value is to generate a return in euro. The fund’s assets are invested primarily in equities, equity certificates, convertible bonds, convertible debentures and warrant-linked bonds, as well as in participation and dividend-right certificates considered by the Management Company to be undervalued, top-quality stocks, or “value stocks.” Care is taken to ensure an international spread. Value stocks are those whose market price is underpinned by appropriate company fundamentals.

DWS Investment S.A.

DWS Vola Strategy Fd Cap

LU0144136180

EUR

09/12/2002

1

Medium

The fund is intended for the growth-oriented investor seeking returns higher than those from capital-market interest rates, with capital growth generated primarily through opportunities in the equity and currency markets. Security and liquidity are subordinate to potential high returns. This entails higher equity, interest-rate and currency risks, as well as default risks, all of which can result in loss of capital.

DWS Investment S.A.

DWS Invest Global Eq LC Fd Cap

LU0145633003

EUR

03/06/2002

3

Medium

The objective of the investment policy of DWS Invest Global Equities is to achieve as high an appreciation as possible of capital invested in Euros. The sub-fund may acquire equities, inter - est-bearing securities, convertible bonds, con- vertible debentures and warrant-linked bonds, participation and dividend-right certificates, equity warrants and index certificates. At least 70% of the sub-fund’s assets are invested in equities of international issuers.  A maximum of 30% of the sub-fund’s assets (after deduction of liquid assets) may be invested in securities other than equities of international issuers.

DWS Investment S.A.

DWS Invest Global Eq LD Fd

LU0145633268

EUR

03/06/2002

3

Medium

The objective of the investment policy of DWS Invest Global Equities is to achieve as high an appreciation as possible of capital invested in Euros. The sub-fund may acquire equities, inter - est-bearing securities, convertible bonds, con- vertible debentures and warrant-linked bonds, participation and dividend-right certificates, equity warrants and index certificates. At least 70% of the sub-fund’s assets are invested in equities of international issuers.  A maximum of 30% of the sub-fund’s assets (after deduction of liquid assets) may be invested in securities other than equities of international issuers.

DWS Investment S.A.

DWS Invest European Eq LC Fd Cap

LU0145634076

EUR

03/06/2002

2

High

The objective of the investment policy of DWS Invest European Equities is to achieve as high an appreciation as possible of capital invested in Euros. The sub-fund may acquire equities, interest-bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participation and dividend-right certificates, equity warrants and index certificates. At least 75% of the sub-fund’s assets are invested in equities of issuers having their headquarters in a member state of the EU, in Norway and/or in Iceland.

DWS Investment S.A.

DWS Invest European Eq LD Fd

LU0145634662

EUR

03/06/2002

2

High

The objective of the investment policy of DWS Invest European Equities is to achieve as high an appreciation as possible of capital invested in Euros. The sub-fund may acquire equities, interest-bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participation and dividend-right certificates, equity warrants and index certificates. At least 75% of the sub-fund’s assets are invested in equities of issuers having their headquarters in a member state of the EU, in Norway and/or in Iceland.

DWS Investment S.A.

DWS Invest US Equities LC Fd Cap

LU0145635552

EUR

03/06/2002

3

Medium

The objective of the investment is to achieve an above average return.  At least 70% of the sub-fund’s assets are invested in equities of U.S. issuers that are registered or have their main business activity in the United States. These stocks are considered by the fund-manager to be undervalued top-quality securities or so called “value stocks”. The market price of value stocks are usually backed by appropriate company fundamentals.

DWS Investment S.A.

DWS Inv.Sustainab.Leaders LC Fd Cap

LU0145638812

EUR

03/06/2002

2

Medium

The objective of the investment is to achieve as high an appreciation as possible in euros.  The sub-fund may acquire equities, interest-bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participation and dividend-right certificates, equity warrants and index certificates. At least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in equities of international issuers.

DWS Investment S.A.

DWS Inv.Sustainab.Leaders LD Fd

LU0145639620

EUR

03/06/2002

2

Medium

The objective of the investment is to achieve as high an appreciation as possible in euros.  The sub-fund may acquire equities, interest-bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participation and dividend-right certificates, equity warrants and index certificates. At least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in equities of international issuers.

DWS Investment S.A.

DWS Invest T EULD LCC Shs -LC- Cap

LU0145644893

EUR

03/06/2002

4

Medium

The objective of the investment is to achieve an above average return.  At least 75% of the sub-fund’s assets are invested in equities of issuers having their headquarters in a member state of the European Economic and Monetary Union (EMU).  The sub-fund focuses on companies with a higher market capitalization. Additionally, the fund-manager aims to run a concentrated portfolio, e.g. 40- 60 different stocks. Depending on the market situation it is possible to deviate from the mentioned diversification target.

DWS Investment S.A.

DWS Inv T EULD LDD Shs -LD- Dis

LU0145647052

EUR

03/06/2002

4

Medium

The objective of the investment is to achieve an above average return.  At least 75% of the sub-fund’s assets are invested in equities of issuers having their headquarters in a member state of the European Economic and Monetary Union (EMU).  The sub-fund focuses on companies with a higher market capitalization. Additionally, the fund-manager aims to run a concentrated portfolio, e.g. 40- 60 different stocks. Depending on the market situation it is possible to deviate from the mentioned diversification target.

DWS Investment S.A.

DWS Invest Top 50 Asia LC Fd Cap

LU0145648290

EUR

03/06/2002

3

High

The objective of the investment policy of DWS Invest Top 50 Asia is to achieve as high an appre- ciation as possible of capital invested in Euros. The sub-fund may acquire equities, interest- bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participa- tion and dividend-right certificates and equity warrants. At least 70% of the sub-fund’s assets are invested in equities of companies having their registered offices or principal business activity in Asia.

DWS Investment S.A.

DWS Invest Top 50 Asia LD Fd

LU0145648456

EUR

03/06/2002

3

High

The objective of the investment policy of DWS Invest Top 50 Asia is to achieve as high an appre- ciation as possible of capital invested in Euros. The sub-fund may acquire equities, interest- bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participa- tion and dividend-right certificates and equity warrants. At least 70% of the sub-fund’s assets are invested in equities of companies having their registered offices or principal business activity in Asia.

DWS Investment S.A.

DWS Russia Fd Cap

LU0146864797

EUR

22/04/2002

1

High

The objective of the investment policy for DWS Russia is to participate in the opportunities presented by the emerging country Russia and to generate the best possible return in euro.  At least 70% of the fund’s assets are invested in equities, equity certificates, convertible bonds, convertible debentures and warrant-linked bonds whose underlying warrants are on securities, participation and dividend-right certificates, and warrants on equities issued by companies registered in Russia, or of issuers registered outside Russia that conduct their principal business activity in Russia.

DWS Investment S.A.

DWS Funds Performance Strategy Cap

LU0173891143

EUR

20/10/2003

NULL

NULL

The objective of the investment strategy for the DWS Funds Performance Strategy sub-fund is to benefit from the relative outperformance/under - performance of individual equities/indices/bonds by using long/short strategies to achieve a total return that will over the medium to long term be significantly above that of the money market and be somewhere between that of bond and equity investments. The return may exceed or fall short of this objective, and the objective should not be considered a guarantee. The aim is to gain posi- tive total returns that are, to the largest extent possible, independent of changes in the equity markets depicted by the Morgan Stanley Capi- tal International (MSCI) World Index of equities (“Total Return Approach”).

DWS Investment S.A.

DWS Funds Zins Chance II 2011

LU0173891812

EUR

20/10/2003

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term.

DWS Investment S.A.

DWS FlexPension 2013 Fund Cap

LU0174276526

EUR

14/10/2003

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term

DWS Investment S.A.

DWS FlexPension 2014 Fund T Cap

LU0174293372

EUR

14/10/2003

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term

DWS Investment S.A.

DWS FlexPension 2015 Fund T Cap

LU0174293612

EUR

14/10/2003

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term

DWS Investment S.A.

DWS FlexPension 2016 Fund T Cap

LU0174293885

EUR

14/10/2003

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term

DWS Investment S.A.

DWS FlexPension 2017 Fund T Cap

LU0174293968

EUR

14/10/2003

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term

DWS Investment S.A.

DWS FlexPension 2018 Fund Cap

LU0174294008

EUR

14/10/2003

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term

DWS Investment S.A.

DWS Invest Total return Flex Lc Cap

LU0179218606

EUR

12/01/2004

1

High

The objective of the investment policy of the sub-fund DWS Invest Multi Asset Allocation is to achieve a positive long-term investment performance taking in account the opportunities and risks of the international equity and fixed-income markets.  Up to 100% of the sub-fund’s assets are invested globally in equities and bonds, such as equity certificates, index certificates, convertible bonds, warrant-linked bonds whose underlying warrants are for securities, warrants for securities, dividend- right and participation certificates, equity, bond and money-market funds, investment funds that reflect the performance of an index, as well as interest-bearing debt securities and cash.

DWS Investment S.A.

DWS Invest Multi Asset Allo LD Dis

LU0179218861

EUR

12/01/2004

1

High

The objective of the investment policy of the sub-fund DWS Invest Multi Asset Allocation is to achieve a positive long-term investment performance taking in account the opportunities and risks of the international equity and fixed-income markets.  Up to 100% of the sub-fund’s assets are invested globally in equities and bonds, such as equity certificates, index certificates, convertible bonds, warrant-linked bonds whose underlying warrants are for securities, warrants for securities, dividend- right and participation certificates, equity, bond and money-market funds, investment funds that reflect the performance of an index, as well as interest-bearing debt securities and cash.

DWS Investment S.A.

DWS Performance Chance 2011 Fd CAP

LU0188157704

EUR

02/08/2004

NULL

NULL

The objective of the investment policy is to seek appreciation of capital in euro. The sub-fund may invest between 0% and 100% in fixed rate and floating rate securities, in equities, in shares of Undertakings for Collective Investments in Transferable Securities or exchange traded funds (ETF). Where the sub-fund’s assets are invested in shares of Undertakings for Collective Investment in Transferable Securities, such investments may include, in particular, shares of domestic and foreign equity funds, mixed securities funds, fixed-income securities funds, money market funds and money market funds with a short maturity structure,

DWS Investment S.A.

DWS FlexPension 2019 Fund T Cap

LU0191403426

EUR

01/07/2004

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term.

DWS Investment S.A.

DWS Invest European Value LC Cap

LU0195137939

EUR

30/08/2004

3

Medium

The objective of the investment policy of DWS Invest European Value is to achieve an above average return.  At least 75% of the sub-fund’s assets are invested in equities of issuers having their headquarters in a member state of the EU, in Norway and/or in Iceland.These stocks are considered by the Man- agement Company as undervalued top-quality stocks or “value stocks”. Value stocks are those whose market price is underpinned by appropri- ate company fundamentals.

DWS Investment S.A.

DWS Invest European Value LD Dis

LU0195138150

EUR

30/08/2004

3

Medium

The objective of the investment policy of DWS Invest European Value is to achieve an above average return.  At least 75% of the sub-fund’s assets are invested in equities of issuers having their headquarters in a member state of the EU, in Norway and/or in Iceland.These stocks are considered by the Man- agement Company as undervalued top-quality stocks or “value stocks”. Value stocks are those whose market price is underpinned by appropri- ate company fundamentals.

DWS Investment S.A.

DWS Vermoegensbildungsfonds I (LUX)

LU0205987356

EUR

21/02/2005

2

Medium

N/A

DWS Investment S.A.

DWS FlexPension 2025 Sparpl Fd T Cp

LU0207946749

EUR

21/02/2005

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term.

DWS Investment S.A.

FPM Fds Stock Picker Germ Sm/md Cap

LU0207947044

EUR

20/12/2004

3

Medium

The objective of the investment policy of the subfund FPM Funds Stockpicker Germany Small/Mid Cap is to achieve the highest possible appreciation of capital. The sub-fund’s assets may be invested in equities, equity certificates, convertible bonds and debentures, warrant-linked bonds, participation and dividend-right certificates, warrants for securities, as well as in fixed rate and floating rate debt securities. With that in mind, at least 75% of the sub-fund’s assets will be invested in equities of issuers having their headquarters in a member state of the EU, in Norway and/or in Iceland. At least 50% of the sub-fund’s assets are invested in the securities of German issuers.

DWS Investment S.A.

DWS Turkei

LU0209404259

EUR

13/06/2005

2

High

The objective of the investment policy of DWS Türkei is to participate in the opportunities presented by the emerging country Turkey and to generate the best possible return in euro. At least 70% of the fund’s assets are invested in equities, share certificates, convertible bonds, convertible debentures and warrant-linked bonds whose underlying warrants are for securities, participation and dividend-right certificates, and equity warrants issued by companies registered or listed in Turkey.

DWS Investment S.A.

DWS Funds Global Protect 80 IV Cap

LU0209404333

EUR

25/04/2005

NULL

NULL

DWS Funds Performance Picker 2012 invests in fixed and floating-rate securities and modern financial instruments (derivatives) which allow investors to participate in the performance of a broad-based basket of equities. Following each maturity year, the four equities with the best performance since Fund launch are fixed in the equity basket, which "locks" them in when the overall performance is calculated. Once it has been fixed in this way, an equity may not be selected as a “best performer” for the calculation of performance on subsequent fixing dates.

DWS Investment S.A.

DWS Invest Bric Plus Lc Fund T Cap

LU0210301635

EUR

29/03/2005

2

Medium

The objective of the investment policy of DWS Invest BRIC Plus is to achieve as high an appreciation as possible of capital invested in euros. The sub-fund may acquire equities, interest-bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participation and dividend-right certificates and equity warrants. At least 70% of the sub-fund’s assets are invested in equities of companies having their registered offices or principal business activity in emerging market countries, particularly in Brazil, Russia, India and China.

DWS Investment S.A.

DWS Invest Bric Plus LD Fund

LU0210302013

EUR

29/03/2005

1

Medium

The objective of the investment policy of DWS Invest BRIC Plus is to achieve as high an appreciation as possible of capital invested in euros. The sub-fund may acquire equities, interest-bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participation and dividend-right certificates and equity warrants. At least 70% of the sub-fund’s assets are invested in equities of companies having their registered offices or principal business activity in emerging market countries, particularly in Brazil, Russia, India and China.

DWS Investment S.A.

DWS Invest Commodity Plus Lc T Fd

LU0210303920

EUR

29/03/2005

NULL

NULL

The objective of the investment policy of DWS Invest Commodity Plus is to achieve a long term capital appreciation. The fund intends to utilize indirectly the developments on the international natural resources and commodity futures markets, and thus to achieve in the medium to long term a performance that replicates the performance of several indices and their sub-indices.

DWS Investment S.A.

DWS FlexPension 2020 Fund Cap

LU0216062512

EUR

01/07/2005

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term.

DWS Investment S.A.

DWS Performance Select 2014 Cap

LU0216964394

EUR

24/04/2006

NULL

NULL

The fund is intended for the income-oriented investor seeking higher returns from interest and from possible capital gains. Return expectations are offset by only moderate equity, interest-rate and currency risks, as well as minor default risks. Loss of capital is thus improbable in the medium to long term.

DWS Investment S.A.

DWS Fd Performance Rainbow 2013 Cap

LU0223468736

EUR

28/11/2005

NULL

NULL

The Fund invests in fixed-income securities and floating-rate notes as well as special derivatives which allow investors to participate in the average performance of the asset classes of stocks and real estate, and of a money-market strategy. At maturity, the average performances of the 3 best asset classes/investment strategies are weighted at 60%, 30% and 10%. The overall performance of the derivative at maturity is based on the weighted performances. The Fund has an initial unit value guarantee of EUR 100 at maturity. Please refer to the sales prospectus for the exact scope of the guarantee.

DWS Investment S.A.

FPM Fds StockPicker Germ Large Cap

LU0232955988

EUR

07/11/2005

5

Low

The objective of the investment policy of the sub-fund FPM Funds Stockpicker Germany Large Cap is to achieve the highest possible appreciation of capital. The sub-fund’s assets may be invested in shares, convertible debentures and warrant-linked bonds, participation and dividend-right certificates, warrants for securities, as well as in fixed rate and floating rate debt securities. With that in mind, at least 75% of the sub-fund’s assets will be invested in equities of issuers having their headquarters in a member state of the EU, in Norway and/or in Iceland.

DWS Investment S.A.

DWS Inv. Europ.Small/Mid Cap LC

LU0236146774

EUR

16/01/2006

3

High

The main investment objective is to achieve long-term capital appreciation by investing in a portfolio of small and mediumsized companies in the European markets. At least 70% of the sub-fund’s assets are invested in shares and other equity securities and uncertificated equity instruments of small and medium-sized companies registered in a European country, or in companies that conduct their principal business activity in Europe.

DWS Investment S.A.

DWS Inv. Europ. Small/MidCap LD Dis

LU0236146857

EUR

16/01/2006

3

High

The main investment objective is to achieve long-term capital appreciation by investing in a portfolio of small and mediumsized companies in the European markets. At least 70% of the sub-fund’s assets are invested in shares and other equity securities and uncertificated equity instruments of small and medium-sized companies registered in a European country, or in companies that conduct their principal business activity in Europe.

DWS Investment S.A.

DWS Inv. Asian Sml/Mid Cap LC

LU0236153390

EUR

16/01/2006

2

High

The investment objective of DWS Asian Small/Mid Cap Fund seeks to gain long term growth by investing in a portfolio of small and medium sized companies in the Asian markets. At least 70% of the sub-fund’s assets are invested in shares and other equity securities and uncertificated equity instruments of small and medium-sized companies registered in an Asian country, or in companies that conduct their principal business activity in Asia or which, as holding companies, hold primarily interests in companies registered in Asia.

DWS Investment S.A.

DWS Inv. Asian Sml/MidCap LD Dis

LU0236153556

EUR

16/01/2006

2

High

The investment objective of DWS Asian Small/Mid Cap Fund seeks to gain long term growth by investing in a portfolio of small and medium sized companies in the Asian markets. At least 70% of the sub-fund’s assets are invested in shares and other equity securities and uncertificated equity instruments of small and medium-sized companies registered in an Asian country, or in companies that conduct their principal business activity in Asia or which, as holding companies, hold primarily interests in companies registered in Asia.

DWS Investment S.A.

DWS Invest New Resources LC Cap

LU0237014641

EUR

27/02/2006

3

Medium

The main investment objective is to achieve long-term sustained capital appreciation in Euros through investments in promising companies in the “New Resources” sector. At least 70% of the sub-fund’s assets are invested in direct and indirect investments in equities and other equity securities and uncertificated equity instruments of issuers in the “New Resources” sector.

DWS Investment S.A.

DWS Invest New Resources LD Dis

LU0237015291

EUR

27/02/2006

3

Medium

The main investment objective is to achieve long-term sustained capital appreciation in Euros through investments in promising companies in the “New Resources” sector. At least 70% of the sub-fund’s assets are invested in direct and indirect investments in equities and other equity securities and uncertificated equity instruments of issuers in the “New Resources” sector.

DWS Investment S.A.

DWS Brazil Cap

LU0239322612

EUR

16/01/2006

2

Medium

The objective of the investment policy of DWS Brazil is to participate in the equity-market opportuni- ties presented by the emerging country Brazil and to generate the best possible return in euro.  At least 70% of the fund’s assets are invested in equities, share certificates, convertible bonds, con- vertible debentures and warrant-linked bonds whose underlying warrants are on securities, participa- tion and dividend-right certificates, and warrants on securities floated by issuers registered in Brazil, or of issuers registered outside Brazil that conduct their principal business activity in Brazil. Securities from these issuers that are listed on other foreign securities exchanges or traded on other regulated markets in a member country of the Organisation for Economic Co-operation and Development (OECD) that operate regularly and are recognized and open to the public may also be acquired.

DWS Investment S.A.

DWS FlexProfit 85 Cap

LU0241499432

EUR

18/04/2006

NULL

NULL

The objective of the investment policy is to seek appreciation of capital in euro. The sub-fund may invest between 0% and 100% in fixed- and floating-rate securities, in equities, in shares of Undertakings for Collective Investments in Transferable Securities that were launched only by DWS Investment S.A., DWS Investment GmbH or other issuers of the Deutsche Bank Group, or exchange traded funds (ETF).

DWS Investment S.A.

DWS FlexProfit 80 Cap

LU0241500114

EUR

18/04/2006

NULL

NULL

The objective of the investment policy is to seek appreciation of capital in euro. The sub-fund may invest between 0% and 100% in fixed- and floating-rate securities, in equities, in shares of Undertakings for Collective Investments in Transferable Securities that were launched only by DWS Investment S.A., DWS Investment GmbH or other issuers of the Deutsche Bank Group, or exchange traded funds (ETF).

DWS Investment S.A.

DWS FlexPension 2021 Cap

LU0252287403

EUR

03/07/2006

NULL

NULL

The investment strategy is based on an innovative, rule-based method, shifting between DWS equity funds on the one hand and DWS bond and money market funds on the other hand.

DWS Investment S.A.

DWS Invest Italian Equity Cap

LU0254493041

EUR

18/09/2006

3

High

The main investment objective is to achieve long-term capital appreciation by investing in Italian companies. To achieve this investment objective, at least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in shares and other equity securities and uncertificated equity instruments of companies registered in Italy, or in companies that conduct their principal business activity in Italy or which, as holding companies, hold primarily interests in companies registered in Italy.

DWS Investment S.A.

DWS Global Agribusiness LC Cap

LU0264451831

USD

15/09/2006

2

Medium

The objective of DWS Global Agribusiness investment policy is to gain the greatest possible return on investments. At least 70% of the sub-fund’s assets (after deduction of the liquid assets) are invested in equities issued by foreign and domestic issuers operating in or profiting from the agricultural industry. The relevant companies operate within the multilayered food value chain.

DWS Investment S.A.

DWS Global Agribusiness LC Cap

LU0264453456

EUR

15/09/2006

2

Medium

The objective of DWS Global Agribusiness investment policy is to gain the greatest possible return on investments. At least 70% of the sub-fund’s assets (after deduction of the liquid assets) are invested in equities issued by foreign and domestic issuers operating in or profiting from the agricultural industry. The relevant companies operate within the multilayered food value chain.

DWS Investment S.A.

DWS Inv Chinese Equities LC Cap

LU0273157635

EUR

15/12/2006

4

Medium

The objective of the investment is to participate in the opportunities presented by the emerging country China (including Hong Kong) and to generate as high a return as possible. At least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in shares, share certificates, participation and dividend-right certificates, and equity warrants of issuers registered in China, or of issuers registered outside China that conduct their principal business activity in China.

DWS Investment S.A.

DWS Invest Glob Agribusiness LC Cap

LU0273158872

EUR

20/11/2006

3

Medium

The objective of the investment is to achieve an appreciation as high as possible of capital invested.   At least 70% of the sub-fund’s assets are invested in shares, share certificates, convertible bonds, convertible debentures and warrant-linked bonds whose underlying warrants are for securities, participation and dividend-right certificates, and equity warrants of foreign and domestic issuers having their principal business activity in or profiting from the agricultural industry.

DWS Investment S.A.

DWS Invest Gold Prec. Metals L Cap

LU0273159177

EUR

20/11/2006

3

Medium

The objective of the investment is to achieve as high an appreciation as possible of capital invested in U.S. dollars by investing globally in companies in the precious-metals sector deemed to be promising.  In doing so, at least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in equities of foreign and domestic issuers whose revenues or earnings were generated primarily from the exploration for and the extraction and processing of gold, silver, platinum or other precious metals. The targeted companies can be active in exploration, extraction, production, processing and sales.

DWS Investment S.A.

DWS Inv. Asian Sml/Mid Cap A2 Cap

LU0273161744

USD

20/11/2006

2

High

The investment objective of DWS Asian Small/Mid Cap Fund seeks to gain long term growth by investing in a portfolio of small and medium sized companies in the Asian markets. At least 70% of the sub-fund’s assets are invested in shares and other equity securities and uncertificated equity instruments of small and medium-sized companies registered in an Asian country, or in companies that conduct their principal business activity in Asia or which, as holding companies, hold primarily interests in companies registered in Asia.

DWS Investment S.A.

DWS Invest Chinese Equities A2 Cap

LU0273164177

USD

15/12/2006

4

Medium

The objective of the investment is to participate in the opportunities presented by the emerging country China (including Hong Kong) and to generate as high a return as possible. At least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in shares, share certificates, participation and dividend-right certificates, and equity warrants of issuers registered in China, or of issuers registered outside China that conduct their principal business activity in China.

DWS Investment S.A.

DWS Invest Glob Agribusiness A2 Cap

LU0273164847

USD

20/11/2006

3

Medium

The objective of the investment is to achieve an appreciation as high as possible of capital invested.   At least 70% of the sub-fund’s assets are invested in shares, share certificates, convertible bonds, convertible debentures and warrant-linked bonds whose underlying warrants are for securities, participation and dividend-right certificates, and equity warrants of foreign and domestic issuers having their principal business activity in or profiting from the agricultural industry.

DWS Investment S.A.

DWS Invest Gold Prec. Metals A2 Cap

LU0273165570

USD

20/11/2006

3

Medium

The objective of the investment is to achieve as high an appreciation as possible of capital invested in U.S. dollars by investing globally in companies in the precious-metals sector deemed to be promising.  In doing so, at least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in equities of foreign and domestic issuers whose revenues or earnings were generated primarily from the exploration for and the extraction and processing of gold, silver, platinum or other precious metals. The targeted companies can be active in exploration, extraction, production, processing and sales.

DWS Investment S.A.

DWS Invest Gl. A High Yld Bonds Dis

LU0273172196

USD

20/11/2006

2

Medium

The objective of the investment is to achieve an above-average return.  The sub-fund invests at least 70% of its assets (after deduction of liquid assets) in interest bearing securities issued by sovereign institutions of states of the European Economic Area. Additionally, the sub-fund implements various “Alpha” strategies with the aim to profit from the relative fluctuations of prices and rates between internationally freely convertible currencies and bond markets. By implementing the “Alpha” strategies it is intended to gain an excess return with respect to the benchmark.

DWS Investment S.A.

DWS Invest BRIC Plus A2 Cap

LU0273227784

USD

20/11/2006

2

Medium

The objective of the investment policy of DWS Invest BRIC Plus is to achieve as high an appreciation as possible of capital invested in euros. The sub-fund may acquire equities, interest-bearing securities, convertible bonds, convertible debentures and warrant-linked bonds, participation and dividend-right certificates and equity warrants. At least 70% of the sub-fund’s assets are invested in equities of companies having their registered offices or principal business activity in emerging market countries, particularly in Brazil, Russia, India and China.

DWS Investment S.A.

DWS DifferenzChance 2013 Cap

LU0273277615

EUR

12/03/2007

NULL

NULL

N/A

DWS Investment S.A.

DWS Europa Garant 2012 Cap

LU0277876909

EUR

29/10/2007

NULL

NULL

N/A

DWS Investment S.A.

DWS Fonds Bric Garant Cap

LU0277877113

EUR

30/07/2007

NULL

NULL

The fund is intended for the growth-oriented investor seeking returns higher than those from capital-market interest rates, with capital growth generated primarily through opportunities in the equity and currency markets. Security and liquidity are subordinate to potential high returns. This entails higher equity, interest-rate and currency risks,

DWS Investment S.A.

DWS FlexPension 2022 Cap

LU0290277143

EUR

02/07/2007

NULL

NULL

International equity and bond markets; dynamic reallocation of assets between DWS equity funds on the one hand and DWS bond and money market funds on the other using a rule-based method that reflects market trends; see the sales prospectus for details of the scope of the guarantee.

DWS Investment S.A.

DWS Invest Clean Tech LC Cap

LU0298649426

EUR

14/05/2007

2

Medium

The objective of the investment policy of DWS Invest Clean Tech is to generate an above average return.  At least 70% of the sub-fund’s assets are invested in equities, stock certificates, participation and dividend right certificates, convertible bonds and equity warrants issued by foreign and domestic companies that are primarily active in business areas suited to restricting or reducing climate change and its effects, specifically the Clean Technology sector offering products, services and solutions helping to lower emissions, transmit energy efficiently and increase energy efficiency.

DWS Investment S.A.

DWS Vermoegensmandat Balance Dis

LU0309483435

EUR

01/10/2007

3

Medium

N/A

DWS Investment S.A.

DWS Vermoegensmandat Dynamik Dis

LU0309483781

EUR

01/10/2007

2

Medium

N/A

DWS Investment S.A.

DWS Vermoegensmandat Protekt 80 Cap

LU0309484086

EUR

01/10/2007

NULL

NULL

N/A

DWS Investment S.A.

DWS Bric Garant 2012 FCP Cap

LU0311232911

EUR

12/11/2007

NULL

NULL

N/A

DWS Investment S.A.

DWS Invest Africa LC Cap

LU0329759764

EUR

10/07/2008

3

High

The objective of the fund is to achieve an appreciation as high as possible of capital invested. At least 70% of the sub-fund’s total assets (after deduction of liquid assets) are invested in shares, share certificates, participation and dividend-right certificates, and equity warrants of issuers which have their registered offices or their principal business activity in Africa or which, as holding companies, hold the majority of interests in companies registered in Africa, particularly in South-Africa, Egypt, Mauritius, Nigeria, Morocco and Kenya.

DWS Investment S.A.

DWS Invest Gl Infrastructure LC Cap

LU0329760770

EUR

14/01/2008

3

Medium

The main investment objective of the sub-fund DWS Invest Global Infrastructure is to achieve a long-term sustained capital appreciation in Euros through investments in promising companies of the “Global Infrastructure” sector.  At least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in equi- ties, other equity securities and uncertificated equity instruments of issuers of the “Global Infra- structure” sector.

DWS Investment S.A.

DWS Invest Gl Infrastructure A2 Cap

LU0329761661

USD

01/07/2008

3

Medium

The main investment objective of the sub-fund DWS Invest Global Infrastructure is to achieve a long-term sustained capital appreciation in Euros through investments in promising companies of the “Global Infrastructure” sector.  At least 70% of the sub-fund’s assets (after deduction of liquid assets) are invested in equi- ties, other equity securities and uncertificated equity instruments of issuers of the “Global Infra- structure” sector.

DWS Investment S.A.

DWS Invest Gl Agribusiness DS1 Dis

LU0329762636

GBP

21/12/2007

3

Medium

The objective of the investment is to achieve an appreciation as high as possible of capital invested.   At least 70% of the sub-fund’s assets are invested in shares, share certificates, convertible bonds, convertible debentures and warrant-linked bonds whose underlying warrants are for securities, participation and dividend-right certificates, and equity warrants of foreign and domestic issuers having their principal business activity in or profiting from the agricultural industry.

DWS Investment S.A.

DWS Megatrend Performance 2016 Cap

LU0360864325

EUR

06/10/2008

NULL

NULL

N/A

DWS Investment S.A.

DWS Inv Em Markets Top Div Plus Dis

LU0363468686

EUR

01/07/2008

3

Low

The objective of the investment is to achieve an above average appreciation of capital in euros. At least 70% the sub-fund’s asset must be invested in equities of companies registered in emerging markets countries or in companies that conduct their principal business activity in emerging markets countries or which, as holding companies, hold primarily interest in companies registered in emerging markets countries that can be expected to deliver an above-average dividend yield.

DWS Investment S.A.

DWS FlexPension II C 2019 Cap

LU0412313438

EUR

01/07/2009

NULL

NULL

N/A

DWS Investment S.A.

DWS FlexPension II 2022 Cap

LU0412313867

EUR

01/07/2009

NULL

NULL

N/A

DWS Investment S.A.

DWS Dividende Direkt 2014 Dis

LU0418445317

EUR

25/01/2010

NULL

NULL

N/A

DWS Investment S.A.

DWS Invest Top Dividend LC Cap

LU0507265923

EUR

01/07/2010

4

Medium

The objective of the investment policy is to achieve an above average return. At least 70% of the sub-fund’s assets are invested in equities of domestic as well as foreign issuers that are expected to deliver an above-average dividend yield. When selecting equities, the following criteria shall be of decisive importance: dividend yield above the market average; sustainability of dividend yield and growth; historical and future earnings growth; price/earnings ratio. In addition to these criteria, the proven stock-picking process of the Fund Manager will be applied. This means that a company’s fundamental data, such as asset quality, management skills, profitability, competitive position and valuation, are analyzed. These criteria may be weighted differently and do not always have to be present at the same time.

DWS Investment S.A.

DWS Invest Multi Asset Momentum Dis

LU0507267465

EUR

20/09/2010

NULL

NULL

The objective of the investment policy of the sub-fund DWS Concept ets is to achieve a positive long-term investment performance taking in account the opportunities and risks of the international equity and fixed-income markets.  Up to 100% of the sub-fund’s assets are invested globally in investment funds such as equity, bond, commodity and money-market funds, investment funds that reflect the performance of an index and exchange traded funds (ETF) but not limited to.

DWS Investment S.A.

DWS Inv RREEF Asia Pac Real Est Cap

LU0507267549

EUR

16/11/2010

NULL

NULL

N/A

DWS Investment S.A.

DWS Flexpension II 2026 Cap

LU0595205559

EUR

01/07/2011

NULL

NULL

N/A

DWS Investment S.A.

DWS Thallos Global Trend Cap

LU0595213900

EUR

02/05/2011

NULL

NULL

N/A

DWS Investment S.A.

DWS Concept Kaldemorgen LC EUR Cap

LU0599946893

EUR

02/05/2011

NULL

NULL

The objective of the investment policy of the Sub-fund is to achieve a total return in Euro by investing in different markets and instruments depending on the overall economic cycle and assessment of the fund management. It also intends to build up long and synthetic short positions profiting from respective over- and undervaluation of various asset classes/instruments and to take advantage of the ability to invest in derivatives for hedging market risks. It is expected that over the medium to long term the return will be comparable to international equity returns, while the fluctuations of the Sub-fund‘s NAV should be lower.

DWS Investment S.A.

DWS Flex Pension II 2027 EUR Cap

LU0757064992

EUR

02/07/2012

NULL

NULL

N/A