DWS
ESG Liquidity Fund | ||
CLASS/TICKER: |
INSTITUTIONAL
SHARES |
ESGXX |
(paid
directly from your investment) |
|
Management
fee |
|
Distribution/service
(12b-1) fees |
|
Other
expenses |
|
Total
annual fund operating expenses |
|
Fee
waiver/expense reimbursement |
|
Total
annual fund operating expenses after fee waiver/
expense
reimbursement |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
|
$ |
$ |
$ |
$ |
Prospectus December 1, 2023 | 1 | DWS ESG Liquidity Fund |
|
|
|
|
|
|
|
|
|
|
|
|
|
Class
Inception |
1
Year |
5
Years |
10
Years |
|
|
|
|
|
Prospectus December 1, 2023 | 8 | Fund Details |
Fund
Name |
Fee
Paid |
DWS ESG
Liquidity Fund |
0.000
%* |
Bank
Name: |
State
Street Bank Boston |
Routing
No: |
011000028 |
Attn: |
DWS |
DDA
No: |
9902-8102 |
FBO: |
(Account
name) (Account number) |
Credit: |
(Fund
name, Fund number and, if applicable,
class
name) |
Prospectus December 1, 2023 | 17 | Investing in the Fund |
( |
Total
Assets |
− |
Total
Liabilities |
) |
÷ |
Total
Number of
Shares
Outstanding |
= |
NAV |
DWS
ESG Liquidity Fund — Institutional Shares | |||||
|
Years Ended
August 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$.9996 |
$.9999 |
$1.0002 |
$1.0001 |
$1.0001 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income |
.0450 |
.0059 |
.0013 |
.0126 |
.0247 |
Net realized
and unrealized gain (loss) |
.0002 |
(.0003
) |
(.0003
) |
.0001 |
(.0000
) |
Total
from investment operations |
.0452 |
.0056 |
.0010 |
.0127 |
.0247 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.0450
) |
(.0059
) |
(.0013
) |
(.0126
) |
(.0247
) |
Net
asset value, end of period |
$.9998 |
$.9996 |
$.9999 |
$1.0002 |
$1.0001 |
Total Return
(%)a |
4.61 |
.56 |
.10 |
1.27 |
2.51 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
233 |
320 |
434 |
275 |
123 |
Ratio of
expenses before expense reductions (%) |
.30 |
.30 |
.30 |
.31 |
.35 |
Ratio of
expenses after expense reductions (%) |
.06 |
.06 |
.06 |
.05 |
.03 |
Ratio of net
investment income (%) |
4.49 |
.50 |
.12 |
1.10 |
2.51 |
a |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus December 1, 2023 | 24 | Financial Highlights |
|
Maximum
Sales
Charge:
0.00% |
Initial
Hypothetical
Investment:
$10,000 |
Assumed
Rate
of
Return:
5% | ||
Year |
Cumulative
Return
Before
Fees
&
Expenses |
Annual
Fund
Expense
Ratios |
Cumulative
Return
After
Fees
&
Expenses |
Hypothetical
Year-End
Balance
After
Fees
&
Expenses |
Annual
Fees
&
Expenses |
1 |
5.00% |
0.12% |
4.88% |
$10,488.00 |
$12.29 |
2 |
10.25% |
0.30% |
9.81% |
$10,980.94 |
$32.20 |
3 |
15.76% |
0.30% |
14.97% |
$11,497.04 |
$33.72 |
4 |
21.55% |
0.30% |
20.37% |
$12,037.40 |
$35.30 |
5 |
27.63% |
0.30% |
26.03% |
$12,603.16 |
$36.96 |
6 |
34.01% |
0.30% |
31.96% |
$13,195.51 |
$38.70 |
7 |
40.71% |
0.30% |
38.16% |
$13,815.70 |
$40.52 |
8 |
47.75% |
0.30% |
44.65% |
$14,465.03 |
$42.42 |
9 |
55.13% |
0.30% |
51.45% |
$15,144.89 |
$44.41 |
10 |
62.89% |
0.30% |
58.57% |
$15,856.70 |
$46.50 |
Total |
$363.02 |
Prospectus December 1, 2023 | 25 | Appendix |
DWS |
PO Box
219151
Kansas City,
MO
64121-9151
dws.com/en-us/capabilities/liquidity-
management/ |
|
(800)
730-1313 |
Distributor |
DWS
Distributors, Inc.
222 South
Riverside Plaza
Chicago, IL
60606-5808
(800)
621-1148 |
SEC
File Number |
Investors
Cash Trust
DWS ESG
Liquidity Fund
811-06103
|