DWS
Emerging Markets Equity Fund | ||||||||||
CLASS/TICKER |
A |
SEKAX |
C |
SEKCX |
R6 |
SEKRX |
INST |
SEKIX |
S |
SEMGX |
|
|
DWS
Emerging Markets Fixed Income Fund | ||||||||
CLASS/TICKER |
A |
SZEAX |
C |
SZECX |
INST |
SZEIX |
S |
SCEMX |
|
|
DWS
Global Macro Fund | ||||||||||||
CLASS/TICKER |
A |
DBISX |
C |
DBICX |
R |
DBITX |
R6 |
DBIWX |
INST |
MGINX |
S |
DBIVX |
|
|
DWS
Global Small Cap Fund | ||||||||||
CLASS/TICKER |
A |
KGDAX |
C |
KGDCX |
R6 |
KGDZX |
INST |
KGDIX |
S |
SGSCX |
|
|
DWS
Latin America Equity Fund | ||||||||
CLASS/TICKER |
A |
SLANX |
C |
SLAPX |
INST |
SLARX |
S |
SLAFX |
| |
1 | |
1 | |
2 | |
2 | |
6 | |
6 | |
6 | |
7 | |
7 | |
| |
8 | |
8 | |
9 | |
9 | |
12 | |
13 | |
13 | |
14 | |
14 | |
| |
15 | |
15 | |
16 | |
17 | |
22 | |
22 | |
22 | |
23 | |
23 |
| |
24 | |
24 | |
25 | |
26 | |
28 | |
29 | |
29 | |
30 | |
30 | |
| |
31 | |
31 | |
32 | |
32 | |
36 | |
36 | |
36 | |
37 | |
37 | |
| |
38 | |
38 | |
43 | |
48 | |
55 | |
60 | |
65 | |
66 | |
69
|
|
A |
C |
R6 |
INST |
S |
Maximum
sales charge (load)
imposed
on purchases, as % of
offering
price |
5.75 |
None |
None |
None |
None |
Maximum
deferred sales charge
(load),
as % of redemption
proceeds1
|
None |
1.00 |
None |
None |
None |
Account
Maintenance Fee (annually,
for
fund account balances below
$10,000
and subject to certain
exceptions) |
$20 |
$20 |
None |
None |
$20 |
|
A |
C |
R6 |
INST |
S |
Management
fee |
0.70 |
0.70 |
0.70 |
0.70 |
0.70 |
Distribution/service
(12b-1) fees |
0.25 |
1.00 |
None |
None |
None |
Other
expenses |
0.52 |
0.41 |
0.35 |
0.40 |
0.52 |
Acquired
funds fees and expenses |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
Total
annual fund operating
expenses |
1.49 |
2.13 |
1.07 |
1.12 |
1.24 |
Fee
waiver/expense reimbursement |
0.32 |
0.21 |
0.15 |
0.20 |
0.24 |
Total
annual fund operating
expenses
after fee waiver/expense
reimbursement |
1.17 |
1.92 |
0.92 |
0.92 |
1.00 |
Prospectus March 1, 2024 | 1 | DWS Emerging Markets Equity Fund |
Years |
A |
C |
R6 |
INST |
S |
1 |
$687 |
$295 |
$94 |
$94 |
$102 |
3 |
989 |
647 |
325 |
336 |
370 |
5 |
1,313 |
1,125 |
576 |
598 |
658 |
10 |
2,226 |
2,283 |
1,292 |
1,345 |
1,479 |
Years |
A |
C |
R6 |
INST |
S |
1 |
$687 |
$195 |
$94 |
$94 |
$102 |
3 |
989 |
647 |
325 |
336 |
370 |
5 |
1,313 |
1,125 |
576 |
598 |
658 |
10 |
2,226 |
2,283 |
1,292 |
1,345 |
1,479 |
|
Returns |
Period
ending |
Best
Quarter |
18.92% |
December
31, 2020 |
Worst
Quarter |
-21.91% |
March
31, 2020 |
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
5/29/2001 |
0.01 |
-0.55 |
1.05 |
After tax
on distribu-
tions |
|
0.31 |
-0.60 |
1.05 |
After tax
on distribu-
tions and
sale of fund
shares |
|
0.92 |
-0.07 |
1.06 |
Class
C before
tax |
5/29/2001 |
5.26 |
-0.11 |
0.89 |
INST
Class before
tax |
3/3/2008 |
6.32 |
0.89 |
1.90 |
Class
S before
tax |
5/8/1996 |
6.30 |
0.81 |
1.85 |
MSCI
Emerging Markets
Index
(reflects no
deduc-
tion for fees
or
expenses) |
|
9.83 |
3.68 |
2.66 |
|
Class
Inception |
1
Year |
5
Years |
Since
Inception |
Class
R6 before
tax |
9/7/2018 |
6.32 |
0.92 |
0.27 |
MSCI
Emerging Markets
Index (reflects no
deduc-
tion for fees
or
expenses) |
|
9.83 |
3.68 |
2.55 |
|
Non-IRA |
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans |
A,
C |
1,000 |
500 |
1,000 |
500 |
R6 |
None |
N/A |
N/A |
N/A |
INST |
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M – F 8 a.m. – 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
|
A |
C |
INST |
S |
Maximum
sales charge (load) imposed on
purchases,
as % of offering price |
|
|
|
|
Maximum
deferred sales charge (load), as
%
of redemption proceeds1
|
|
|
|
|
Account
Maintenance Fee (annually, for
fund
account balances below $10,000 and
subject
to certain exceptions) |
$ |
$ |
|
$ |
|
A |
C |
INST |
S |
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 |
|
|
|
|
Prospectus March 1, 2024 | 8 | DWS Emerging Markets Fixed Income Fund |
Years |
A |
C |
INST |
S |
1 |
$ |
$ |
$ |
$ |
3 |
|
|
|
|
5 |
|
|
|
|
10 |
|
|
|
|
Years |
A |
C |
INST |
S |
1 |
$ |
$ |
$ |
$ |
3 |
|
|
|
|
5 |
|
|
|
|
10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
|
|
|
|
After tax
on distribu-
tions |
|
|
- |
- |
After tax
on distribu-
tions and
sale of fund
shares |
|
|
- |
- |
Class
C before
tax |
|
|
|
- |
INST
Class before
tax |
|
|
|
|
Class
S before
tax |
|
|
|
|
JP
Morgan EMBI Global
Diversified
Index
(reflects no
deduction for
fees,
expenses or taxes) |
|
|
|
|
|
Non-IRA |
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans |
A,
C |
1,000 |
500 |
1,000 |
500 |
INST |
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M – F 8 a.m. – 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
|
A |
C |
R |
R6 |
INST |
S |
Maximum
sales charge (load)
imposed
on purchases, as %
of
offering price |
5.75 |
None |
None |
None |
None |
None |
Maximum
deferred sales
charge
(load), as % of
redemption
proceeds1
|
None |
1.00 |
None |
None |
None |
None |
Account
Maintenance Fee
(annually,
for fund account
balances
below $10,000 and
subject
to certain exceptions) |
$20 |
$20 |
None |
None |
None |
$20 |
|
A |
C |
R |
R6 |
INST |
S |
Management
fee |
0.60 |
0.60 |
0.60 |
0.60 |
0.60 |
0.60 |
Distribution/service
(12b-1)
fees |
0.24 |
1.00 |
0.50 |
None |
None |
None |
Other
expenses |
0.44 |
0.47 |
0.64 |
0.38 |
0.33 |
0.45 |
Acquired
funds fees and
expenses |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
0.02 |
Total
annual fund operating
expenses |
1.30 |
2.09 |
1.76 |
1.00 |
0.95 |
1.07 |
Fee
waiver/expense reim-
bursement |
0.00 |
0.03 |
0.20 |
0.03 |
0.00 |
0.01 |
Total
annual fund operating
expenses
after fee waiver/
expense
reimbursement |
1.30 |
2.06 |
1.56 |
0.97 |
0.95 |
1.06 |
Prospectus March 1, 2024 | 15 | DWS Global Macro Fund |
Years |
A |
C |
R |
R6 |
INST |
S |
1 |
$700 |
$309 |
$159 |
$99 |
$97 |
$108 |
3 |
963 |
652 |
535 |
315 |
303 |
339 |
5 |
1,247 |
1,121 |
935 |
550 |
525 |
589 |
10 |
2,053 |
2,216 |
2,057 |
1,222 |
1,166 |
1,305 |
Years |
A |
C |
R |
R6 |
INST |
S |
1 |
$700 |
$209 |
$159 |
$99 |
$97 |
$108 |
3 |
963 |
652 |
535 |
315 |
303 |
339 |
5 |
1,247 |
1,121 |
935 |
550 |
525 |
589 |
10 |
2,053 |
2,216 |
2,057 |
1,222 |
1,166 |
1,305 |
|
Returns |
Period
ending |
Best
Quarter |
7.24% |
March 31,
2017 |
Worst
Quarter |
-10.19% |
March 31,
2020 |
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
2/28/2001 |
2.60 |
2.98 |
3.14 |
After tax
on distribu-
tions |
|
1.73 |
2.20 |
2.51 |
After tax
on distribu-
tions and
sale of fund
shares |
|
1.76 |
2.06 |
2.23 |
Class
C before
tax |
2/28/2001 |
8.14 |
3.42 |
2.97 |
Class
R before
tax |
7/1/2003 |
8.61 |
3.95 |
3.49 |
INST
Class before
tax |
5/15/1995 |
9.16 |
4.49 |
3.99 |
Class
S before
tax |
2/28/2005 |
9.16 |
4.47 |
3.97 |
ICE
Bank of America US
3-MonthTreasury
Bill
Index
(reflects no
deduc-
tion for fees
or
expenses) |
|
5.01 |
1.88 |
1.25 |
|
Class
Inception |
1
Year |
Since
Inception |
Class
R6 before
tax |
7/1/2019 |
9.15 |
3.48 |
ICE
Bank of America US
3-MonthTreasury
Bill
Index (reflects no
deduc-
tion for fees
or
expenses) |
|
5.01 |
1.81 |
|
Non-IRA |
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans |
A,
C |
1,000 |
500 |
1,000 |
500 |
R |
None |
N/A |
N/A |
N/A |
R6 |
None |
N/A |
N/A |
N/A |
INST |
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M – F 8 a.m. – 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
|
A |
C |
R6 |
INST |
S |
Maximum
sales charge (load)
imposed
on purchases, as % of
offering
price |
|
|
|
|
|
Maximum
deferred sales charge
(load),
as % of redemption
proceeds1
|
|
|
|
|
|
Account
Maintenance Fee (annually,
for
fund account balances below
$10,000
and subject to certain
exceptions) |
$ |
$ |
|
|
$ |
|
A |
C |
R6 |
INST |
S |
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 |
|
|
|
|
|
Prospectus March 1, 2024 | 24 | DWS Global Small Cap Fund |
Years |
A |
C |
R6 |
INST |
S |
1 |
$ |
$ |
$ |
$ |
$ |
3 |
|
|
|
|
|
5 |
|
|
|
|
|
10 |
|
|
|
|
|
Years |
A |
C |
R6 |
INST |
S |
1 |
$ |
$ |
$ |
$ |
$ |
3 |
|
|
|
|
|
5 |
|
|
|
|
|
10 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
|
|
|
|
After tax
on distribu-
tions |
|
|
|
|
After tax
on distribu-
tions and
sale of fund
shares |
|
|
|
|
Class
C before
tax |
|
|
|
|
INST
Class before
tax |
|
|
|
|
Class
S before
tax |
|
|
|
|
S&P
Developed
SmallCap
Index (reflects
no deduction
for fees,
expenses or
taxes) |
|
|
|
|
|
Class
Inception |
1
Year |
5
Years |
Since
Inception |
Class
R6 before
tax |
|
|
|
|
S&P
Developed
SmallCap
Index (reflects
no deduction
for fees,
expenses or
taxes) |
|
|
|
|
|
Non-IRA |
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans |
A,
C |
1,000 |
500 |
1,000 |
500 |
R6 |
None |
N/A |
N/A |
N/A |
INST |
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M – F 8 a.m. – 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
|
A |
C |
INST |
S |
Maximum
sales charge (load) imposed on
purchases,
as % of offering price |
5.75 |
None |
None |
None |
Maximum
deferred sales charge (load), as
%
of redemption proceeds1
|
None |
1.00 |
None |
None |
Account
Maintenance Fee (annually, for
fund
account balances below $10,000 and
subject
to certain exceptions) |
$20 |
$20 |
None |
$20 |
|
A |
C |
INST |
S |
Management
fee |
1.00 |
1.00 |
1.00 |
1.00 |
Distribution/service
(12b-1) fees |
0.24 |
1.00 |
None |
None |
Other
expenses |
0.39 |
0.37 |
0.33 |
0.32 |
Total
annual fund operating expenses |
1.63 |
2.37 |
1.33 |
1.32 |
Fee
waiver/expense reimbursement |
0.19 |
0.18 |
0.14 |
0.13 |
Total
annual fund operating expenses
after
fee waiver/expense reimbursement |
1.44 |
2.19 |
1.19 |
1.19 |
Prospectus March 1, 2024 | 31 | DWS Latin America Equity Fund |
Years |
A |
C |
INST |
S |
1 |
$713 |
$322 |
$121 |
$121 |
3 |
1,042 |
722 |
408 |
406 |
5 |
1,394 |
1,249 |
715 |
711 |
10 |
2,382 |
2,508 |
1,589 |
1,579 |
Years |
A |
C |
INST |
S |
1 |
$713 |
$222 |
$121 |
$121 |
3 |
1,042 |
722 |
408 |
406 |
5 |
1,394 |
1,249 |
715 |
711 |
10 |
2,382 |
2,508 |
1,589 |
1,579 |
|
Returns |
Period
ending |
Best
Quarter |
36.08% |
December
31, 2020 |
Worst
Quarter |
-42.52% |
March
31, 2020 |
|
Class
Inception |
1
Year |
5
Years |
10
Years |
Class
A before
tax |
5/29/2001 |
25.52 |
10.99 |
5.65 |
After tax
on distribu-
tions |
|
24.63 |
9.68 |
4.57 |
After tax
on distribu-
tions and
sale of fund
shares |
|
15.81 |
8.44 |
4.13 |
Class
C before
tax |
5/29/2001 |
32.18 |
11.48 |
5.49 |
Class
S before
tax |
12/8/1992 |
33.52 |
12.59 |
6.54 |
MSCI
Emerging Markets
(EM)
Latin America
Index
(reflects no
deduc-
tion for fees
or
expenses) |
|
32.71 |
6.11 |
2.11 |
|
Class
Inception |
1
Year |
5
Years |
Since
Inception |
INST
Class before
tax |
2/2/2015 |
33.50 |
12.59 |
9.57 |
MSCI
Emerging Markets
(EM)
Latin America
Index (reflects no
deduc-
tion for fees
or
expenses) |
|
32.71 |
6.11 |
4.64 |
|
Non-IRA |
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans |
A,
C |
1,000 |
500 |
1,000 |
500 |
INST |
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Mail |
All
Requests |
DWS
PO
Box 219151
Kansas
City, MO 64121-9151 |
Expedited
Mail |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 | |
Web
Site |
dws.com | |
Telephone |
(800)
728-3337, M – F 8 a.m. – 7 p.m. ET | |
Hearing
Impaired |
For
hearing impaired assistance, please
call
us using a relay service |
Prospectus March 1, 2024 | 38 | Fund Details |
Fund
Name |
Fee
Paid |
DWS
Emerging Markets
Equity
Fund |
0.586
%* |
DWS
Emerging Markets Fixed
Income
Fund |
0.367
%* |
DWS Global
Macro Fund |
0.600
% |
DWS Global
Small Cap Fund |
0.800
% |
DWS Latin
America Equity
Fund |
0.990
%* |
Prospectus March 1, 2024 | 71 | Investing in the Funds |
Classes
and features |
Points
to help you compare |
Class
A |
|
■Sales charge
of up to 5.75%
(DWS Emerging
Markets
Equity Fund,
DWS Global
Macro Fund,
DWS Global Small
Cap Fund and
DWS Latin
America
Equity Fund) or 4.50%
(DWS Emerging
Markets Fixed
Income Fund)
charged when
you buy
shares
■In most
cases, no charge when
you sell
shares
■Up to 0.25%
annual share-
holder
servicing fee |
■Some
investors may be able to
reduce or
eliminate their sales
charge; see
“Class A
Shares”
and Appendix
B
■Total annual
expenses are
lower than
those for Class C
■Distributions
are generally
higher than
Class C |
Class
C |
|
■No sales
charge when you buy
shares
■Deferred
sales charge of
1.00%,
charged when you sell
shares you
bought within the
last
year
■0.75% annual
distribution fee
and up to
0.25% annual share-
holder
servicing fee |
■Unlike Class
A, Class C does
not have a
sales charge when
buying
shares, but has higher
annual
expenses and a one
year deferred
sales charge
■Distributions
are generally
lower than
Class A
■Maximum
investment applies
■Class C
automatically converts
to Class A
after 8 years,
provided that
records held by
the fund or
your financial inter-
mediary
verify Class C shares
have been
held for at least
8
years |
Class
R |
|
■No sales
charge when you buy
shares and no
deferred sales
charge when
you sell shares
■0.25% annual
distribution fee
and up to
0.25% annual share-
holder
servicing fee |
■Only
available to participants in
certain
retirement plans
■Distributions
are generally
higher than
Class C but lower
than Class A,
Class S or Institu-
tional
Class |
Class
R6 |
|
■No
sales charge when you buy
shares
and no deferred sales
charge
when you sell shares |
■Only
available to participants in
certain
qualifying plans and
programs |
Institutional
Class |
|
■No
sales charge when you buy
shares
and no deferred sales
charge
when you sell shares |
■Only
available to certain institu-
tional
investors; typically
$1,000,000
minimum initial
investment
■Distributions
are generally
higher
than Class A, Class C
and
Class R, and may be higher
than
Class S, depending on
relative
expenses |
Class
S |
|
■No
sales charge when you buy
shares
and no deferred sales
charge
when you sell shares |
■Total
annual expenses are
lower
than those for Class A,
Class
C and Class R
■Distributions
are generally
higher
than Class A, Class C
and
Class R, and may be higher
than
Institutional Class,
depending
on relative expenses |
Your
investment |
Front-end
sales
charge
as %
of
offering price1,2
|
Front-end
sales
charge
as % of your
net
investment2
|
Under
$50,000 |
5.75
% |
6.10
% |
$50,000–$99,999 |
4.50 |
4.71 |
$100,000–$249,999 |
3.50 |
3.63 |
$250,000–$499,999 |
2.60 |
2.67 |
$500,000–$999,999 |
2.00 |
2.04 |
$1
million or more |
see
below3
|
see
below3
|
Your
investment |
Front-end
sales
charge
as a %
of
offering price1,2
|
Front-end
sales
charge
as a % of your
net
investment2
|
Under
$100,000 |
4.50
% |
4.71
% |
$100,000–$249,999 |
3.50 |
3.63 |
$250,000–$499,999 |
2.60 |
2.67 |
$500,000–$999,999 |
2.00 |
2.04 |
$1
million or more |
see
below3
|
see
below3
|
Year
after you bought shares |
CDSC
on shares you sell |
First
year |
1.00
% |
Second
year and later |
None |
Type |
Address |
Expedited
mail |
|
All
Requests |
DWS
430
West 7th Street
Suite
219151
Kansas
City, MO 64105-1407 |
Regular
mail |
|
All
Requests |
DWS
P.O.
Box 219151
Kansas
City, MO 64121-9151 |
|
Non-IRA |
IRAs |
UGMAs/
UTMAs |
Automatic
Investment
Plans |
A,
C |
1,000 |
500 |
1,000 |
500 |
INST |
1,000,000 |
N/A |
N/A |
N/A |
S |
2,500 |
1,000 |
1,000 |
1,000 |
Bank
name |
State
Street Bank Boston |
Routing
Number |
011000028 |
Attention |
DWS |
DDA
Number |
9903-5552 |
FBO |
(Account
name) (Account number) |
Credit |
(Fund
name, Fund number and, if
applicable,
class name) |
Class |
Exchanging
into Another Fund ($) |
A,
C |
1,000 minimum
into new non-IRA accounts per
fund
500 minimum
into new IRA accounts per fund
50 minimum
into all existing accounts per fund |
INST |
1,000,000
minimum into new accounts per fund |
S |
2,500 minimum
into new non-IRA accounts per
fund
1,000 minimum
into new IRA and UTMA/UGMA
accounts per
fund
50 minimum
into all existing accounts per
fund |
Class |
Selling
Shares ($) |
A,
C |
Check
redemption:Up to 100,000. More than
100,000 see
“Signature Guarantee”
Automated
Clearing House (ACH) to your bank:
Minimum 50,
maximum 250,000
Wire
redemption to your bank: Minimum 1,000 |
INST |
Same as
Classes A and C |
S |
Same as
Classes A and C |
( |
Total
Assets |
− |
Total
Liabilities |
) |
÷ |
Total
Number of
Shares
Outstanding |
= |
NAV |
Generally
taxed at net capital
gain
rates: |
Generally
taxed at ordinary
income
rates: |
Fund
distributions |
|
■gains
from the sale of securi-
ties
held (or treated as held)
by
a fund for more than one
year
■qualified
dividend income |
■gains
from the sale of securi-
ties
held (or treated as held)
by
a fund for one year or less
■all
other taxable income |
Transactions
involving fund
shares |
|
■gains
from selling fund
shares
held for more than
one
year |
■gains
from selling fund
shares
held for one year or
less |
DWS
Emerging Markets Equity Fund — Class A | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$14.64 |
$22.37 |
$21.32 |
$19.59 |
$17.74 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.18 |
.37 |
.17 |
.14 |
.48 |
Net realized
and unrealized gain (loss) |
.88 |
(7.77
) |
1.14 |
1.96 |
1.47 |
Total
from investment operations |
1.06 |
(7.40
) |
1.31 |
2.10 |
1.95 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.32
) |
(.33
) |
(.26
) |
(.37
) |
(.10
) |
Net
asset value, end of period |
$15.38 |
$14.64 |
$22.37 |
$21.32 |
$19.59 |
Total Return
(%)b,c |
7.12 |
(33.54
) |
6.07 |
10.75 |
11.04 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
7 |
8 |
23 |
18 |
23 |
Ratio of
expenses before expense reductions (%) |
1.47 |
1.33 |
1.28 |
1.31 |
1.36 |
Ratio of
expenses after expense reductions (%) |
1.16 |
1.15 |
1.15 |
1.15 |
1.15 |
Ratio of net
investment income (%) |
1.07 |
1.94 |
.68 |
.73 |
2.49 |
Portfolio
turnover rate (%) |
64 |
51 |
94 |
57 |
32 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 92 | Financial Highlights |
DWS
Emerging Markets Equity Fund — Class C | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$12.99 |
$19.85 |
$18.92 |
$17.38 |
$15.77 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.05 |
.21 |
(.01
) |
(.00
)* |
.26 |
Net realized
and unrealized gain (loss) |
.78 |
(6.92
) |
1.01 |
1.72 |
1.35 |
Total
from investment operations |
.83 |
(6.71
) |
1.00 |
1.72 |
1.61 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.17
) |
(.15
) |
(.07
) |
(.18
) |
— |
Net
asset value, end of period |
$13.65 |
$12.99 |
$19.85 |
$18.92 |
$17.38 |
Total Return
(%)b,c |
6.42 |
(34.09
) |
5.32 |
9.89 |
10.21 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
4 |
3 |
6 |
4 |
6 |
Ratio of
expenses before expense reductions (%) |
2.11 |
2.02 |
1.99 |
2.02 |
2.08 |
Ratio of
expenses after expense reductions (%) |
1.91 |
1.90 |
1.90 |
1.90 |
1.90 |
Ratio of net
investment income (loss) (%) |
.32 |
1.28 |
(.05
) |
(.00
)** |
1.55 |
Portfolio
turnover rate (%) |
64 |
51 |
94 |
57 |
32 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
* |
Amount
is less than $.005. |
** |
Amount
is less than .005%. |
Prospectus March 1, 2024 | 93 | Financial Highlights |
DWS
Emerging Markets Equity Fund — Class R6 | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$14.85 |
$22.70 |
$21.63 |
$19.87 |
$17.99 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.21 |
.45 |
.27 |
.19 |
.48 |
Net realized
and unrealized gain (loss) |
.92 |
(7.92
) |
1.12 |
2.00 |
1.54 |
Total
from investment operations |
1.13 |
(7.47
) |
1.39 |
2.19 |
2.02 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.37
) |
(.38
) |
(.32
) |
(.43
) |
(.14
) |
Net
asset value, end of period |
$15.61 |
$14.85 |
$22.70 |
$21.63 |
$19.87 |
Total Return
(%)b |
7.46 |
(33.40
) |
6.36 |
11.06 |
11.32 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ thousands) |
637 |
460 |
846 |
126 |
25 |
Ratio of
expenses before expense reductions (%) |
1.05 |
.95 |
.90 |
1.26 |
1.21 |
Ratio of
expenses after expense reductions (%) |
.91 |
.90 |
.90 |
.90 |
.90 |
Ratio of net
investment income (%) |
1.27 |
2.34 |
1.11 |
.95 |
2.51 |
Portfolio
turnover rate (%) |
64 |
51 |
94 |
57 |
32 |
a |
Based on
average shares outstanding during the period. |
b |
Total return
would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 94 | Financial Highlights |
DWS
Emerging Markets Equity Fund — Institutional
Class | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$14.83 |
$22.67 |
$21.61 |
$19.86 |
$17.99 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.23 |
.43 |
.24 |
.21 |
.55 |
Net realized
and unrealized gain (loss) |
.90 |
(7.89
) |
1.14 |
1.97 |
1.46 |
Total
from investment operations |
1.13 |
(7.46
) |
1.38 |
2.18 |
2.01 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.37
) |
(.38
) |
(.32
) |
(.43
) |
(.14
) |
Net
asset value, end of period |
$15.59 |
$14.83 |
$22.67 |
$21.61 |
$19.86 |
Total Return
(%)b |
7.47 |
(33.43
) |
6.36 |
11.02 |
11.29 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
54 |
117 |
308 |
216 |
208 |
Ratio of
expenses before expense reductions (%) |
1.10 |
.99 |
.98 |
1.00 |
1.05 |
Ratio of
expenses after expense reductions (%) |
.91 |
.90 |
.90 |
.90 |
.90 |
Ratio of net
investment income (%) |
1.34 |
2.25 |
.96 |
1.05 |
2.82 |
Portfolio
turnover rate (%) |
64 |
51 |
94 |
57 |
32 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 95 | Financial Highlights |
DWS
Emerging Markets Equity Fund — Class S | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$14.85 |
$22.69 |
$21.63 |
$19.87 |
$18.00 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.21 |
.41 |
.19 |
.19 |
.48 |
Net realized
and unrealized gain (loss) |
.89 |
(7.88
) |
1.17 |
1.98 |
1.52 |
Total
from investment operations |
1.10 |
(7.47
) |
1.36 |
2.17 |
2.00 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.35
) |
(.37
) |
(.30
) |
(.41
) |
(.13
) |
Net
asset value, end of period |
$15.60 |
$14.85 |
$22.69 |
$21.63 |
$19.87 |
Total Return
(%)b |
7.30 |
(33.43
) |
6.27 |
10.92 |
11.19 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
34 |
47 |
128 |
191 |
203 |
Ratio of
expenses before expense reductions (%) |
1.22 |
1.10 |
1.04 |
1.09 |
1.12 |
Ratio of
expenses after expense reductions (%) |
.99 |
.98 |
.98 |
.98 |
.98 |
Ratio of net
investment income (%) |
1.28 |
2.13 |
.75 |
.99 |
2.46 |
Portfolio
turnover rate (%) |
64 |
51 |
94 |
57 |
32 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 96 | Financial Highlights |
DWS
Emerging Markets Fixed Income Fund — Class A | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.07 |
$9.22 |
$8.90 |
$9.32 |
$8.73 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.37 |
.41 |
.43 |
.44 |
.44 |
Net realized
and unrealized gain (loss) |
.46 |
(3.13
) |
.29 |
(.47
) |
.52 |
Total
from investment operations |
.83 |
(2.72
) |
.72 |
(.03
) |
.96 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.42
) |
(.43
) |
(.40
) |
(.39
) |
(.37
) |
Net
asset value, end of period |
$6.48 |
$6.07 |
$9.22 |
$8.90 |
$9.32 |
Total Return
(%)b,c |
13.95 |
(30.21
) |
8.10 |
(.13
) |
11.15 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
1 |
1 |
3 |
3 |
3 |
Ratio of
expenses before expense reductions (%) |
1.66 |
1.52 |
1.40 |
1.43 |
1.46 |
Ratio of
expenses after expense reductions (%) |
1.15 |
1.13 |
1.15 |
1.13 |
1.11 |
Ratio of net
investment income (%) |
5.60 |
5.34 |
4.51 |
4.92 |
4.86 |
Portfolio
turnover rate (%) |
41 |
27 |
36 |
18 |
13 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 97 | Financial Highlights |
DWS
Emerging Markets Fixed Income Fund — Class C | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.08 |
$9.25 |
$8.92 |
$9.34 |
$8.75 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.32 |
.35 |
.36 |
.38 |
.37 |
Net realized
and unrealized gain (loss) |
.46 |
(3.15
) |
.30 |
(.48
) |
.52 |
Total
from investment operations |
.78 |
(2.80
) |
.66 |
(.10
) |
.89 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.37
) |
(.37
) |
(.33
) |
(.32
) |
(.30
) |
Net
asset value, end of period |
$6.49 |
$6.08 |
$9.25 |
$8.92 |
$9.34 |
Total Return
(%)b,c |
13.07 |
(30.85
) |
7.39 |
(.86
) |
10.29 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
.05 |
.05 |
.2 |
.4 |
1 |
Ratio of
expenses before expense reductions (%) |
2.64 |
2.36 |
2.25 |
2.21 |
2.27 |
Ratio of
expenses after expense reductions (%) |
1.90 |
1.88 |
1.90 |
1.88 |
1.85 |
Ratio of net
investment income (%) |
4.87 |
4.58 |
3.76 |
4.18 |
4.11 |
Portfolio
turnover rate (%) |
41 |
27 |
36 |
18 |
13 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 98 | Financial Highlights |
DWS
Emerging Markets Fixed Income Fund — Institutional
Class | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.06 |
$9.21 |
$8.89 |
$9.31 |
$8.72 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.39 |
.43 |
.45 |
.46 |
.47 |
Net realized
and unrealized gain (loss) |
.46 |
(3.14
) |
.29 |
(.47
) |
.51 |
Total
from investment operations |
.85 |
(2.71
) |
.74 |
(.01
) |
.98 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.44
) |
(.44
) |
(.42
) |
(.41
) |
(.39
) |
Net
asset value, end of period |
$6.47 |
$6.06 |
$9.21 |
$8.89 |
$9.31 |
Total Return
(%)b |
14.24 |
(30.07
) |
8.38 |
.12 |
11.44 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
16 |
14 |
30 |
28 |
23 |
Ratio of
expenses before expense reductions (%) |
1.12 |
1.04 |
.96 |
.99 |
1.03 |
Ratio of
expenses after expense reductions (%) |
.90 |
.88 |
.90 |
.88 |
.86 |
Ratio of net
investment income (%) |
5.87 |
5.59 |
4.76 |
5.13 |
5.12 |
Portfolio
turnover rate (%) |
41 |
27 |
36 |
18 |
13 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 99 | Financial Highlights |
DWS
Emerging Markets Fixed Income Fund — Class S | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$6.06 |
$9.22 |
$8.89 |
$9.31 |
$8.72 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.39 |
.42 |
.45 |
.46 |
.46 |
Net realized
and unrealized gain (loss) |
.46 |
(3.13
) |
.31 |
(.47
) |
.52 |
Total
from investment operations |
.85 |
(2.71
) |
.76 |
(.01
) |
.98 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.44
) |
(.45
) |
(.43
) |
(.41
) |
(.39
) |
Net
asset value, end of period |
$6.47 |
$6.06 |
$9.22 |
$8.89 |
$9.31 |
Total Return
(%)b |
14.25 |
(30.14
) |
8.50 |
.11 |
11.38 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
29 |
28 |
45 |
45 |
50 |
Ratio of
expenses before expense reductions (%) |
1.31 |
1.22 |
1.12 |
1.14 |
1.17 |
Ratio of
expenses after expense reductions (%) |
.90 |
.88 |
.90 |
.88 |
.87 |
Ratio of net
investment income (%) |
5.87 |
5.61 |
4.76 |
5.17 |
5.11 |
Portfolio
turnover rate (%) |
41 |
27 |
36 |
18 |
13 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 100 | Financial Highlights |
DWS
Global Macro Fund — Class A | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$9.63 |
$10.76 |
$9.54 |
$10.16 |
$10.15 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.17 |
.11 |
.11 |
.12 |
.17 |
Net realized
and unrealized gain (loss) |
.28 |
(1.07
) |
1.20 |
(.42
) |
.44 |
Total
from investment operations |
.45 |
(.96
) |
1.31 |
(.30
) |
.61 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.38
) |
(.17
) |
(.09
) |
(.32
) |
(.42
) |
Net realized
gains |
(.11
) |
— |
— |
— |
(.18
) |
Return of
capital |
(.06
) |
— |
— |
— |
— |
Total
distributions |
(.55
) |
(.17
) |
(.09
) |
(.32
) |
(.60
) |
Net
asset value, end of period |
$9.53 |
$9.63 |
$10.76 |
$9.54 |
$10.16 |
Total Return
(%)b,c |
4.67 |
(8.97
) |
13.74 |
(3.03
) |
6.65 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
33 |
35 |
43 |
38 |
10 |
Ratio of
expenses before expense reductions (%) |
1.28 |
1.27 |
1.28 |
1.32 |
2.08 |
Ratio of
expenses after expense reductions (%) |
1.14 |
1.04 |
.97 |
1.16 |
1.30 |
Ratio of net
investment income (%) |
1.73 |
1.04 |
1.03 |
1.21 |
1.76 |
Portfolio
turnover rate (%) |
48 |
40 |
43 |
136 |
41 |
Effective
July 11, 2023, the Fund invests indirectly in commodities markets through
a wholly owned subsidiary and the financial highlights have been
consolidated.
The financial highlights prior to the year ended October 31, 2023 have not
been consolidated.
| |
a |
Based on
average shares outstanding during the period. |
b |
Total return
does not reflect the effect of any sales charges. |
c |
Total return
would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 101 | Financial Highlights |
DWS
Global Macro Fund — Class C | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$9.02 |
$10.07 |
$8.94 |
$9.48 |
$9.48 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.08 |
.03 |
.03 |
.04 |
.09 |
Net realized
and unrealized gain (loss) |
.27 |
(.99
) |
1.11 |
(.39
) |
.41 |
Total
from investment operations |
.35 |
(.96
) |
1.14 |
(.35
) |
.50 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.29
) |
(.09
) |
(.01
) |
(.19
) |
(.32
) |
Net realized
gains |
(.11
) |
— |
— |
— |
(.18
) |
Return of
capital |
(.05
) |
— |
— |
— |
— |
Total
distributions |
(.45
) |
(.09
) |
(.01
) |
(.19
) |
(.50
) |
Net
asset value, end of period |
$8.92 |
$9.02 |
$10.07 |
$8.94 |
$9.48 |
Total Return
(%)b,c |
3.88 |
(9.57
) |
12.79 |
(3.75
) |
5.85 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
1 |
2 |
3 |
7 |
2 |
Ratio of
expenses before expense reductions (%) |
2.07 |
2.04 |
2.02 |
2.03 |
2.82 |
Ratio of
expenses after expense reductions (%) |
1.88 |
1.78 |
1.72 |
1.92 |
2.05 |
Ratio of net
investment income (%) |
.91 |
.31 |
.31 |
.45 |
1.02 |
Portfolio
turnover rate (%) |
48 |
40 |
43 |
136 |
41 |
Effective
July 11, 2023, the Fund invests indirectly in commodities markets through
a wholly owned subsidiary and the financial highlights have been
consolidated.
The financial highlights prior to the year ended October 31, 2023 have not
been consolidated.
| |
a |
Based on
average shares outstanding during the period. |
b |
Total return
does not reflect the effect of any sales charges. |
c |
Total return
would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 102 | Financial Highlights |
DWS
Global Macro Fund — Class R | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$9.28 |
$10.37 |
$9.20 |
$9.77 |
$9.77 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.13 |
.07 |
.08 |
.09 |
.14 |
Net realized
and unrealized gain (loss) |
.28 |
(1.02
) |
1.15 |
(.39
) |
.42 |
Total
from investment operations |
.41 |
(.95
) |
1.23 |
(.30
) |
.56 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.34
) |
(.14
) |
(.06
) |
(.27
) |
(.38
) |
Net realized
gains |
(.11
) |
— |
— |
— |
(.18
) |
Return of
capital |
(.06
) |
— |
— |
— |
— |
Total
distributions |
(.51
) |
(.14
) |
(.06
) |
(.27
) |
(.56
) |
Net
asset value, end of period |
$9.18 |
$9.28 |
$10.37 |
$9.20 |
$9.77 |
Total Return
(%)b |
4.41 |
(9.21
) |
13.37 |
(3.20
) |
6.35 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
.1 |
.1 |
.2 |
.2 |
.3 |
Ratio of
expenses before expense reductions (%) |
1.74 |
1.66 |
1.70 |
1.68 |
2.45 |
Ratio of
expenses after expense reductions (%) |
1.38 |
1.28 |
1.22 |
1.43 |
1.53 |
Ratio of net
investment income (%) |
1.38 |
.75 |
.82 |
.96 |
1.51 |
Portfolio
turnover rate (%) |
48 |
40 |
43 |
136 |
41 |
Effective
July 11, 2023, the Fund invests indirectly in commodities markets through
a wholly owned subsidiary and the financial highlights have been
consolidated.
The financial highlights prior to the year ended October 31, 2023 have not
been consolidated.
| |
a |
Based on
average shares outstanding during the period. |
b |
Total return
would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 103 | Financial Highlights |
DWS
Global Macro Fund — Class R6 | |||||
|
Years Ended
October 31, |
Period
Ended | |||
|
2023 |
2022 |
2021 |
2020 |
10/31/19a |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$9.44 |
$10.54 |
$9.36 |
$9.98 |
$9.70 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomeb |
.19 |
.14 |
.13 |
.14 |
.05 |
Net realized
and unrealized gain (loss) |
.29 |
(1.05
) |
1.16 |
(.40
) |
.23 |
Total
from investment operations |
.48 |
(.91
) |
1.29 |
(.26
) |
.28 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.39
) |
(.19
) |
(.11
) |
(.36
) |
— |
Net realized
gains |
(.11
) |
— |
— |
— |
— |
Return of
capital |
(.07
) |
— |
— |
— |
— |
Total
distributions |
(.57
) |
(.19
) |
(.11
) |
— |
— |
Net
asset value, end of period |
$9.35 |
$9.44 |
$10.54 |
$9.36 |
$9.98 |
Total Return
(%)c |
5.06 |
(8.67
) |
13.84 |
(2.70
) |
2.89
* |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ thousands) |
22 |
21 |
50 |
44 |
10 |
Ratio of
expenses before expense reductions (%) |
.98 |
.96 |
.94 |
.99 |
1.82
** |
Ratio of
expenses after expense reductions (%) |
.88 |
.78 |
.72 |
.91 |
.98
** |
Ratio of net
investment income (%) |
1.99 |
1.38 |
1.29 |
1.46 |
1.55
** |
Portfolio
turnover rate (%) |
48 |
40 |
43 |
136 |
41
d |
Effective
July 11, 2023, the Fund invests indirectly in commodities markets through
a wholly owned subsidiary and the financial highlights have been
consolidated.
The financial highlights prior to the year ended October 31, 2023 have not
been consolidated.
| |
a |
For the
period from July 1, 2019 (commencement of operations) to October 31,
2019. |
b |
Based on
average shares outstanding during the period. |
c |
Total return
would have been lower had certain expenses not been
reduced. |
d |
Represents
the Fund’s portfolio turnover rate for the year ended October 31,
2019. |
* |
Not
annualized |
** |
Annualized |
Prospectus March 1, 2024 | 104 | Financial Highlights |
DWS
Global Macro Fund — Institutional Class | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$9.42 |
$10.53 |
$9.34 |
$9.97 |
$9.96 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.19 |
.13 |
.14 |
.14 |
.20 |
Net realized
and unrealized gain (loss) |
.29 |
(1.05
) |
1.16 |
(.40
) |
.43 |
Total
from investment operations |
.48 |
(.92
) |
1.30 |
(.26
) |
.63 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.39
) |
(.19
) |
(.11
) |
(.37
) |
(.44
) |
Net realized
gains |
(.11
) |
— |
— |
— |
(.18
) |
Return of
capital |
(.07
) |
— |
— |
— |
— |
Total
distributions |
(.57
) |
(.19
) |
(.11
) |
(.37
) |
(.62
) |
Net
asset value, end of period |
$9.33 |
$9.42 |
$10.53 |
$9.34 |
$9.97 |
Total Return
(%)b |
5.05 |
(8.78
) |
13.97 |
(2.76
) |
6.98 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
75 |
79 |
84 |
39 |
16 |
Ratio of
expenses before expense reductions (%) |
.93 |
.91 |
.92 |
1.00 |
1.67 |
Ratio of
expenses after expense reductions (%) |
.89 |
.79 |
.72 |
.91 |
.97 |
Ratio of net
investment income (%) |
1.99 |
1.33 |
1.32 |
1.46 |
2.10 |
Portfolio
turnover rate (%) |
48 |
40 |
43 |
136 |
41 |
Effective
July 11, 2023, the Fund invests indirectly in commodities markets through
a wholly owned subsidiary and the financial highlights have been
consolidated.
The financial highlights prior to the year ended October 31, 2023 have not
been consolidated.
| |
a |
Based on
average shares outstanding during the period. |
b |
Total return
would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 105 | Financial Highlights |
DWS
Global Macro Fund — Class S | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$9.40 |
$10.49 |
$9.32 |
$9.95 |
$9.93 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.19 |
.13 |
.12 |
.14 |
.20 |
Net realized
and unrealized gain (loss) |
.27 |
(1.04
) |
1.16 |
(.40
) |
.43 |
Total
from investment operations |
.46 |
(.91
) |
1.28 |
(.26
) |
.63 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.39
) |
(.18
) |
(.11
) |
(.37
) |
(.43
) |
Net realized
gains |
(.11
) |
— |
— |
— |
(.18
) |
Return of
capital |
(.06
) |
— |
— |
— |
— |
Total
distributions |
(.56
) |
(.18
) |
(.11
) |
(.37
) |
(.61
) |
Net
asset value, end of period |
$9.30 |
$9.40 |
$10.49 |
$9.32 |
$9.95 |
Total Return
(%)b |
4.91 |
(8.70
) |
13.75 |
(2.72
) |
7.04 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
81 |
84 |
102 |
96 |
5 |
Ratio of
expenses before expense reductions (%) |
1.05 |
1.04 |
1.04 |
1.07 |
1.86 |
Ratio of
expenses after expense reductions (%) |
.89 |
.81 |
.82 |
.92 |
.94 |
Ratio of net
investment income (%) |
1.98 |
1.27 |
1.18 |
1.43 |
2.12 |
Portfolio
turnover rate (%) |
48 |
40 |
43 |
136 |
41 |
Effective
July 11, 2023, the Fund invests indirectly in commodities markets through
a wholly owned subsidiary and the financial highlights have been
consolidated.
The financial highlights prior to the year ended October 31, 2023 have not
been consolidated.
| |
a |
Based on
average shares outstanding during the period. |
b |
Total return
would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 106 | Financial Highlights |
DWS
Global Small Cap Fund — Class A | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$24.28 |
$38.64 |
$27.97 |
$27.63 |
$32.30 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.17 |
.14 |
(.02
) |
(.07
) |
(.02
) |
Net realized
and unrealized gain (loss) |
.93 |
(8.59
) |
10.82 |
.50 |
.06 |
Total
from investment operations |
1.10 |
(8.45
) |
10.80 |
.43 |
.04 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.00
)* |
(.07
) |
— |
— |
— |
Net realized
gains |
(1.32
) |
(5.84
) |
(.13
) |
(.09
) |
(4.71
) |
Total
distributions |
(1.32
) |
(5.91
) |
(.13
) |
(.09
) |
(4.71
) |
Net
asset value, end of period |
$24.06 |
$24.28 |
$38.64 |
$27.97 |
$27.63 |
Total Return
(%)b,c |
4.73 |
(25.78
) |
38.65 |
1.55 |
3.02 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
28 |
29 |
43 |
35 |
41 |
Ratio of
expenses before expense reductions (%) |
1.52 |
1.49 |
1.47 |
1.49 |
1.50 |
Ratio of
expenses after expense reductions (%) |
1.37 |
1.37 |
1.35 |
1.37 |
1.39 |
Ratio of net
investment income (loss) (%) |
.66 |
.48 |
(.06
) |
(.26
) |
(.08
) |
Portfolio
turnover rate (%) |
24 |
30 |
29 |
6 |
14 |
a |
Based on
average shares outstanding during the period. |
b |
Total return
does not reflect the effect of any sales charges. |
c |
Total return
would have been lower had certain expenses not been
reduced. |
* |
Amount is
less than $.005. |
Prospectus March 1, 2024 | 107 | Financial Highlights |
DWS
Global Small Cap Fund — Class C | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$16.97 |
$28.90 |
$21.11 |
$21.03 |
$26.06 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
(.01
) |
(.06
) |
(.22
) |
(.20
) |
(.18
) |
Net realized
and unrealized gain (loss) |
.65 |
(6.03
) |
8.14 |
.37 |
(.14
) |
Total
from investment operations |
.64 |
(6.09
) |
7.92 |
.17 |
(.32
) |
Less
distributions from: |
|
|
|
|
|
Net realized
gains |
(1.32
) |
(5.84
) |
(.13
) |
(.09
) |
(4.71
) |
Net
asset value, end of period |
$16.29 |
$16.97 |
$28.90 |
$21.11 |
$21.03 |
Total Return
(%)b,c |
3.99 |
(26.36
) |
37.61 |
.79 |
2.22 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
1 |
1 |
2 |
2 |
2 |
Ratio of
expenses before expense reductions (%) |
2.40 |
2.35 |
2.29 |
2.29 |
2.29 |
Ratio of
expenses after expense reductions (%) |
2.12 |
2.12 |
2.10 |
2.12 |
2.14 |
Ratio of net
investment income (loss) (%) |
(.09
) |
(.28
) |
(.80
) |
(1.01
) |
(.84
) |
Portfolio
turnover rate (%) |
24 |
30 |
29 |
6 |
14 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 108 | Financial Highlights |
DWS
Global Small Cap Fund — Class R6 | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data |
|
|
|
|
|
Net
asset value, beginning of period |
$26.74 |
$41.97 |
$30.28 |
$29.82 |
$34.32 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
.26 |
.25 |
.09 |
.01 |
.06 |
Net realized
and unrealized gain (loss) |
1.03 |
(9.44
) |
11.73 |
.54 |
.15 |
Total
from investment operations |
1.29 |
(9.19
) |
11.82 |
.55 |
.21 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.09
) |
(.20
) |
— |
— |
— |
Net realized
gains |
(1.32
) |
(5.84
) |
(.13
) |
(.09
) |
(4.71
) |
Total
distributions |
(1.41
) |
(6.04
) |
(.13
) |
(.09
) |
(4.71
) |
Net
asset value, end of period |
$26.62 |
$26.74 |
$41.97 |
$30.28 |
$29.82 |
Total Return
(%) |
5.02
b |
(25.56
)b |
39.11 |
1.84 |
3.41
b |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
.3 |
.3 |
.5 |
.3 |
1 |
Ratio of
expenses before expense reductions (%) |
1.09 |
1.06 |
1.04 |
1.06 |
1.07 |
Ratio of
expenses after expense reductions (%) |
1.09 |
1.06 |
1.04 |
1.06 |
1.03 |
Ratio of net
investment income (%) |
.94 |
.79 |
.24 |
.04 |
.19 |
Portfolio
turnover rate (%) |
24 |
30 |
29 |
6 |
14 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 109 | Financial Highlights |
DWS
Global Small Cap Fund — Institutional Class | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$26.65 |
$41.85 |
$30.21 |
$29.77 |
$34.31 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.25 |
.23 |
.07 |
(.00
)* |
.04 |
Net realized
and unrealized gain (loss) |
1.03 |
(9.41
) |
11.70 |
.53 |
.13 |
Total
from investment operations |
1.28 |
(9.18
) |
11.77 |
.53 |
.17 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.07
) |
(.18
) |
— |
— |
— |
Net realized
gains |
(1.32
) |
(5.84
) |
(.13
) |
(.09
) |
(4.71
) |
Total
distributions |
(1.39
) |
(6.02
) |
(.13
) |
(.09
) |
(4.71
) |
Net
asset value, end of period |
$26.54 |
$26.65 |
$41.85 |
$30.21 |
$29.77 |
Total Return
(%)b |
5.00 |
(25.61
) |
39.03 |
1.77 |
3.26 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
2 |
2 |
4 |
3 |
4 |
Ratio of
expenses before expense reductions (%) |
1.18 |
1.15 |
1.15 |
1.16 |
1.17 |
Ratio of
expenses after expense reductions (%) |
1.12 |
1.12 |
1.10 |
1.12 |
1.14 |
Ratio of net
investment income (loss) (%) |
.91 |
.72 |
.19 |
(.02
) |
.14 |
Portfolio
turnover rate (%) |
24 |
30 |
29 |
6 |
14 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
* |
Amount
is less than $.005. |
Prospectus March 1, 2024 | 110 | Financial Highlights |
DWS
Global Small Cap Fund — Class S | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$26.57 |
$41.75 |
$30.14 |
$29.69 |
$34.23 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
.25 |
.23 |
.07 |
(.00
)* |
.05 |
Net realized
and unrealized gain (loss) |
1.03 |
(9.39
) |
11.67 |
.54 |
.12 |
Total
from investment operations |
1.28 |
(9.16
) |
11.74 |
.54 |
.17 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(.07
) |
(.18
) |
— |
— |
— |
Net realized
gains |
(1.32
) |
(5.84
) |
(.13
) |
(.09
) |
(4.71
) |
Total
distributions |
(1.39
) |
(6.02
) |
(.13
) |
(.09
) |
(4.71
) |
Net
asset value, end of period |
$26.46 |
$26.57 |
$41.75 |
$30.14 |
$29.69 |
Total Return
(%)b |
5.01 |
(25.61
) |
38.99 |
1.81 |
3.27 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
111 |
116 |
170 |
132 |
153 |
Ratio of
expenses before expense reductions (%) |
1.18 |
1.15 |
1.13 |
1.16 |
1.18 |
Ratio of
expenses after expense reductions (%) |
1.12 |
1.12 |
1.10 |
1.12 |
1.14 |
Ratio of net
investment income (loss) (%) |
.91 |
.73 |
.19 |
(.01
) |
.17 |
Portfolio
turnover rate (%) |
24 |
30 |
29 |
6 |
14 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
* |
Amount
is less than $.005. |
Prospectus March 1, 2024 | 111 | Financial Highlights |
DWS
Latin America Equity Fund — Class A | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$31.68 |
$30.44 |
$25.78 |
$31.18 |
$25.10 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
1.35 |
2.07 |
.88 |
.02 |
.01 |
Net realized
and unrealized gain (loss) |
(1.18
) |
3.04 |
3.78 |
(5.42
) |
6.07 |
Total
from investment operations |
.17 |
5.11 |
4.66 |
(5.40
) |
6.08 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(1.97
) |
(1.22
) |
— |
— |
— |
Net realized
gains |
— |
(2.65
) |
— |
— |
— |
Total
distributions |
(1.97
) |
(3.87
) |
— |
— |
— |
Net
asset value, end of period |
$29.88 |
$31.68 |
$30.44 |
$25.78 |
$31.18 |
Total Return
(%)b,c |
1.00 |
19.17 |
18.08 |
(17.32
) |
24.22 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
21 |
18 |
13 |
10 |
15 |
Ratio of
expenses before expense reductions (%) |
1.63 |
1.65 |
1.63 |
1.69 |
1.87 |
Ratio of
expenses after expense reductions (%) |
1.46 |
1.51 |
1.51 |
1.57 |
1.66 |
Ratio of net
investment income (%) |
4.47 |
7.00 |
2.57 |
.09 |
.04 |
Portfolio
turnover rate (%) |
99 |
87 |
115 |
150 |
189 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 112 | Financial Highlights |
DWS
Latin America Equity Fund — Class C | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$29.02 |
$28.09 |
$23.97 |
$29.20 |
$23.68 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment income (loss)a |
1.02 |
1.69 |
.38 |
(.16
) |
(.19
) |
Net realized
and unrealized gain (loss) |
(1.06
) |
2.80 |
3.74 |
(5.07
) |
5.71 |
Total
from investment operations |
(.04
) |
4.49 |
4.12 |
(5.23
) |
5.52 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(1.60
) |
(.91
) |
— |
— |
— |
Net realized
gains |
— |
(2.65
) |
— |
— |
— |
Total
distributions |
(1.60
) |
(3.56
) |
— |
— |
— |
Net
asset value, end of period |
$27.38 |
$29.02 |
$28.09 |
$23.97 |
$29.20 |
Total Return
(%)b,c |
.25 |
18.27 |
17.19 |
(17.91
) |
23.31 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
1 |
1 |
.4 |
1 |
1 |
Ratio of
expenses before expense reductions (%) |
2.37 |
2.39 |
2.44 |
2.44 |
2.62 |
Ratio of
expenses after expense reductions (%) |
2.21 |
2.26 |
2.26 |
2.29 |
2.41 |
Ratio of net
investment income (loss) (%) |
3.62 |
6.21 |
1.20 |
(.62
) |
(.72
) |
Portfolio
turnover rate (%) |
99 |
87 |
115 |
150 |
189 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return does not reflect the effect of any sales
charges. |
c |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 113 | Financial Highlights |
DWS
Latin America Equity Fund — Institutional Class | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$31.92 |
$30.66 |
$25.91 |
$31.29 |
$25.12 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
1.43 |
2.10 |
1.18 |
.08 |
.08 |
Net realized
and unrealized gain (loss) |
(1.19
) |
3.12 |
3.57 |
(5.42
) |
6.09 |
Total
from investment operations |
.24 |
5.22 |
4.75 |
(5.34
) |
6.17 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(2.06
) |
(1.31
) |
— |
(.04
) |
— |
Net realized
gains |
— |
(2.65
) |
— |
— |
— |
Total
distributions |
(2.06
) |
(3.96
) |
— |
(.04
) |
— |
Net
asset value, end of period |
$30.10 |
$31.92 |
$30.66 |
$25.91 |
$31.29 |
Total Return
(%)b |
1.25 |
19.47 |
18.33 |
(17.11
) |
24.56 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
87 |
67 |
12 |
4 |
3 |
Ratio of
expenses before expense reductions (%) |
1.33 |
1.33 |
1.29 |
1.35 |
1.56 |
Ratio of
expenses after expense reductions (%) |
1.21 |
1.25 |
1.26 |
1.32 |
1.41 |
Ratio of net
investment income (%) |
4.69 |
7.13 |
3.40 |
.30 |
.30 |
Portfolio
turnover rate (%) |
99 |
87 |
115 |
150 |
189 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 114 | Financial Highlights |
DWS
Latin America Equity Fund — Class S | |||||
|
Years Ended
October 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Selected
Per Share Data | |||||
Net
asset value, beginning of period |
$31.90 |
$30.64 |
$25.89 |
$31.27 |
$25.11 |
Income
(loss) from investment operations: |
|
|
|
|
|
Net
investment incomea |
1.47 |
2.10 |
.93 |
.10 |
.09 |
Net realized
and unrealized gain (loss) |
(1.23
) |
3.11 |
3.82 |
(5.44
) |
6.07 |
Total
from investment operations |
.24 |
5.21 |
4.75 |
(5.34
) |
6.16 |
Less
distributions from: |
|
|
|
|
|
Net
investment income |
(2.06
) |
(1.30
) |
— |
(.04
) |
— |
Net realized
gains |
— |
(2.65
) |
— |
— |
— |
Total
distributions |
(2.06
) |
(3.95
) |
— |
(.04
) |
— |
Net
asset value, end of period |
$30.08 |
$31.90 |
$30.64 |
$25.89 |
$31.27 |
Total Return
(%)b |
1.25 |
19.47 |
18.35 |
(17.12
) |
24.53 |
Ratios
to Average Net Assets and Supplemental Data | |||||
Net assets,
end of period ($ millions) |
258 |
277 |
244 |
221 |
300 |
Ratio of
expenses before expense reductions (%) |
1.32 |
1.34 |
1.32 |
1.37 |
1.55 |
Ratio of
expenses after expense reductions (%) |
1.21 |
1.26 |
1.26 |
1.32 |
1.41 |
Ratio of net
investment income (%) |
4.82 |
7.06 |
2.70 |
.35 |
.30 |
Portfolio
turnover rate (%) |
99 |
87 |
115 |
150 |
189 |
a |
Based
on average shares outstanding during the period. |
b |
Total
return would have been lower had certain expenses not been
reduced. |
Prospectus March 1, 2024 | 115 | Financial Highlights |
|
Maximum
Sales
Charge:
5.75% |
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% |
1.17% |
-2.14% |
$9,785.98 |
$687.38 |
2 |
10.25% |
1.49% |
1.29% |
$10,129.47 |
$148.37 |
3 |
15.76% |
1.49% |
4.85% |
$10,485.01 |
$153.58 |
4 |
21.55% |
1.49% |
8.53% |
$10,853.03 |
$158.97 |
5 |
27.63% |
1.49% |
12.34% |
$11,233.97 |
$164.55 |
6 |
34.01% |
1.49% |
16.28% |
$11,628.29 |
$170.32 |
7 |
40.71% |
1.49% |
20.36% |
$12,036.44 |
$176.30 |
8 |
47.75% |
1.49% |
24.59% |
$12,458.92 |
$182.49 |
9 |
55.13% |
1.49% |
28.96% |
$12,896.23 |
$188.90 |
10 |
62.89% |
1.49% |
33.49% |
$13,348.88 |
$195.53 |
Total |
$2,226.39 |
Prospectus March 1, 2024 | 116 | Appendix A |
|
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% |
1.92% |
3.08% |
$10,308.00 |
$194.96 |
2 |
10.25% |
2.13% |
6.04% |
$10,603.84 |
$222.71 |
3 |
15.76% |
2.13% |
9.08% |
$10,908.17 |
$229.10 |
4 |
21.55% |
2.13% |
12.21% |
$11,221.23 |
$235.68 |
5 |
27.63% |
2.13% |
15.43% |
$11,543.28 |
$242.44 |
6 |
34.01% |
2.13% |
18.75% |
$11,874.58 |
$249.40 |
7 |
40.71% |
2.13% |
22.15% |
$12,215.38 |
$256.56 |
8 |
47.75% |
2.13% |
25.66% |
$12,565.96 |
$263.92 |
9 |
55.13% |
1.49% |
30.07% |
$13,007.02 |
$190.52 |
10 |
62.89% |
1.49% |
34.64% |
$13,463.57 |
$197.21 |
Total |
$2,282.50 |
|
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% |
0.92% |
4.08% |
$10,408.00 |
$93.88 |
2 |
10.25% |
1.07% |
8.17% |
$10,817.03 |
$113.55 |
3 |
15.76% |
1.07% |
12.42% |
$11,242.14 |
$118.02 |
4 |
21.55% |
1.07% |
16.84% |
$11,683.96 |
$122.65 |
5 |
27.63% |
1.07% |
21.43% |
$12,143.14 |
$127.47 |
6 |
34.01% |
1.07% |
26.20% |
$12,620.37 |
$132.48 |
7 |
40.71% |
1.07% |
31.16% |
$13,116.35 |
$137.69 |
8 |
47.75% |
1.07% |
36.32% |
$13,631.82 |
$143.10 |
9 |
55.13% |
1.07% |
41.68% |
$14,167.55 |
$148.73 |
10 |
62.89% |
1.07% |
47.24% |
$14,724.33 |
$154.57 |
Total |
$1,292.14 |
Prospectus March 1, 2024 | 117 | Appendix A |
|
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% |
0.92% |
4.08% |
$10,408.00 |
$93.88 |
2 |
10.25% |
1.12% |
8.12% |
$10,811.83 |
$118.83 |
3 |
15.76% |
1.12% |
12.31% |
$11,231.33 |
$123.44 |
4 |
21.55% |
1.12% |
16.67% |
$11,667.11 |
$128.23 |
5 |
27.63% |
1.12% |
21.20% |
$12,119.79 |
$133.21 |
6 |
34.01% |
1.12% |
25.90% |
$12,590.04 |
$138.38 |
7 |
40.71% |
1.12% |
30.79% |
$13,078.53 |
$143.74 |
8 |
47.75% |
1.12% |
35.86% |
$13,585.98 |
$149.32 |
9 |
55.13% |
1.12% |
41.13% |
$14,113.11 |
$155.11 |
10 |
62.89% |
1.12% |
46.61% |
$14,660.70 |
$161.13 |
Total |
$1,345.27 |
|
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% |
1.00% |
4.00% |
$10,400.00 |
$102.00 |
2 |
10.25% |
1.24% |
7.91% |
$10,791.04 |
$131.38 |
3 |
15.76% |
1.24% |
11.97% |
$11,196.78 |
$136.32 |
4 |
21.55% |
1.24% |
16.18% |
$11,617.78 |
$141.45 |
5 |
27.63% |
1.24% |
20.55% |
$12,054.61 |
$146.77 |
6 |
34.01% |
1.24% |
25.08% |
$12,507.86 |
$152.29 |
7 |
40.71% |
1.24% |
29.78% |
$12,978.16 |
$158.01 |
8 |
47.75% |
1.24% |
34.66% |
$13,466.14 |
$163.95 |
9 |
55.13% |
1.24% |
39.72% |
$13,972.47 |
$170.12 |
10 |
62.89% |
1.24% |
44.98% |
$14,497.83 |
$176.52 |
Total |
$1,478.81 |
Prospectus March 1, 2024 | 118 | Appendix A |
|
Maximum
Sales
Charge:
4.50% |
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% |
1.13% |
-0.80% |
$9,919.59 |
$560.00 |
2 |
10.25% |
1.66% |
2.51% |
$10,250.90 |
$167.42 |
3 |
15.76% |
1.66% |
5.93% |
$10,593.28 |
$173.01 |
4 |
21.55% |
1.66% |
9.47% |
$10,947.09 |
$178.79 |
5 |
27.63% |
1.66% |
13.13% |
$11,312.73 |
$184.76 |
6 |
34.01% |
1.66% |
16.91% |
$11,690.57 |
$190.93 |
7 |
40.71% |
1.66% |
20.81% |
$12,081.04 |
$197.30 |
8 |
47.75% |
1.66% |
24.85% |
$12,484.54 |
$203.89 |
9 |
55.13% |
1.66% |
29.02% |
$12,901.53 |
$210.70 |
10 |
62.89% |
1.66% |
33.32% |
$13,332.44 |
$217.74 |
Total |
$2,284.54 |
|
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% |
1.88% |
3.12% |
$10,312.00 |
$190.93 |
2 |
10.25% |
2.64% |
5.55% |
$10,555.36 |
$275.45 |
3 |
15.76% |
2.64% |
8.04% |
$10,804.47 |
$281.95 |
4 |
21.55% |
2.64% |
10.59% |
$11,059.46 |
$288.60 |
5 |
27.63% |
2.64% |
13.20% |
$11,320.46 |
$295.41 |
6 |
34.01% |
2.64% |
15.88% |
$11,587.62 |
$302.39 |
7 |
40.71% |
2.64% |
18.61% |
$11,861.09 |
$309.52 |
8 |
47.75% |
2.64% |
21.41% |
$12,141.01 |
$316.83 |
9 |
55.13% |
1.66% |
25.47% |
$12,546.52 |
$204.91 |
10 |
62.89% |
1.66% |
29.66% |
$12,965.57 |
$211.75 |
Total |
$2,677.74 |
Prospectus March 1, 2024 | 119 | Appendix A |
|
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% |
0.88% |
4.12% |
$10,412.00 |
$89.81 |
2 |
10.25% |
1.12% |
8.16% |
$10,815.99 |
$118.88 |
3 |
15.76% |
1.12% |
12.36% |
$11,235.65 |
$123.49 |
4 |
21.55% |
1.12% |
16.72% |
$11,671.59 |
$128.28 |
5 |
27.63% |
1.12% |
21.24% |
$12,124.45 |
$133.26 |
6 |
34.01% |
1.12% |
25.95% |
$12,594.88 |
$138.43 |
7 |
40.71% |
1.12% |
30.84% |
$13,083.56 |
$143.80 |
8 |
47.75% |
1.12% |
35.91% |
$13,591.20 |
$149.38 |
9 |
55.13% |
1.12% |
41.19% |
$14,118.54 |
$155.17 |
10 |
62.89% |
1.12% |
46.66% |
$14,666.34 |
$161.20 |
Total |
$1,341.70 |
|
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% |
0.88% |
4.12% |
$10,412.00 |
$89.81 |
2 |
10.25% |
1.31% |
7.96% |
$10,796.20 |
$138.91 |
3 |
15.76% |
1.31% |
11.95% |
$11,194.58 |
$144.04 |
4 |
21.55% |
1.31% |
16.08% |
$11,607.66 |
$149.35 |
5 |
27.63% |
1.31% |
20.36% |
$12,035.99 |
$154.87 |
6 |
34.01% |
1.31% |
24.80% |
$12,480.11 |
$160.58 |
7 |
40.71% |
1.31% |
29.41% |
$12,940.63 |
$166.51 |
8 |
47.75% |
1.31% |
34.18% |
$13,418.14 |
$172.65 |
9 |
55.13% |
1.31% |
39.13% |
$13,913.27 |
$179.02 |
10 |
62.89% |
1.31% |
44.27% |
$14,426.67 |
$185.63 |
Total |
$1,541.37 |
Prospectus March 1, 2024 | 120 | Appendix A |
|
Maximum
Sales
Charge:
5.75% |
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% |
1.30% |
-2.26% |
$9,773.73 |
$699.79 |
2 |
10.25% |
1.30% |
1.35% |
$10,135.35 |
$129.41 |
3 |
15.76% |
1.30% |
5.10% |
$10,510.36 |
$134.20 |
4 |
21.55% |
1.30% |
8.99% |
$10,899.24 |
$139.16 |
5 |
27.63% |
1.30% |
13.03% |
$11,302.52 |
$144.31 |
6 |
34.01% |
1.30% |
17.21% |
$11,720.71 |
$149.65 |
7 |
40.71% |
1.30% |
21.54% |
$12,154.38 |
$155.19 |
8 |
47.75% |
1.30% |
26.04% |
$12,604.09 |
$160.93 |
9 |
55.13% |
1.30% |
30.70% |
$13,070.44 |
$166.88 |
10 |
62.89% |
1.30% |
35.54% |
$13,554.04 |
$173.06 |
Total |
$2,052.58 |
|
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% |
2.06% |
2.94% |
$10,294.00 |
$209.03 |
2 |
10.25% |
2.09% |
5.94% |
$10,593.56 |
$218.27 |
3 |
15.76% |
2.09% |
9.02% |
$10,901.83 |
$224.63 |
4 |
21.55% |
2.09% |
12.19% |
$11,219.07 |
$231.16 |
5 |
27.63% |
2.09% |
15.46% |
$11,545.55 |
$237.89 |
6 |
34.01% |
2.09% |
18.82% |
$11,881.52 |
$244.81 |
7 |
40.71% |
2.09% |
22.27% |
$12,227.27 |
$251.94 |
8 |
47.75% |
2.09% |
25.83% |
$12,583.09 |
$259.27 |
9 |
55.13% |
1.30% |
30.49% |
$13,048.66 |
$166.61 |
10 |
62.89% |
1.30% |
35.31% |
$13,531.46 |
$172.77 |
Total |
$2,216.38 |
Prospectus March 1, 2024 | 121 | Appendix A |
|
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% |
1.56% |
3.44% |
$10,344.00 |
$158.68 |
2 |
10.25% |
1.76% |
6.79% |
$10,679.15 |
$185.00 |
3 |
15.76% |
1.76% |
10.25% |
$11,025.15 |
$191.00 |
4 |
21.55% |
1.76% |
13.82% |
$11,382.36 |
$197.19 |
5 |
27.63% |
1.76% |
17.51% |
$11,751.15 |
$203.57 |
6 |
34.01% |
1.76% |
21.32% |
$12,131.89 |
$210.17 |
7 |
40.71% |
1.76% |
25.25% |
$12,524.96 |
$216.98 |
8 |
47.75% |
1.76% |
29.31% |
$12,930.77 |
$224.01 |
9 |
55.13% |
1.76% |
33.50% |
$13,349.73 |
$231.27 |
10 |
62.89% |
1.76% |
37.82% |
$13,782.26 |
$238.76 |
Total |
$2,056.63 |
|
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% |
0.97% |
4.03% |
$10,403.00 |
$98.95 |
2 |
10.25% |
1.00% |
8.19% |
$10,819.12 |
$106.11 |
3 |
15.76% |
1.00% |
12.52% |
$11,251.88 |
$110.36 |
4 |
21.55% |
1.00% |
17.02% |
$11,701.96 |
$114.77 |
5 |
27.63% |
1.00% |
21.70% |
$12,170.04 |
$119.36 |
6 |
34.01% |
1.00% |
26.57% |
$12,656.84 |
$124.13 |
7 |
40.71% |
1.00% |
31.63% |
$13,163.11 |
$129.10 |
8 |
47.75% |
1.00% |
36.90% |
$13,689.64 |
$134.26 |
9 |
55.13% |
1.00% |
42.37% |
$14,237.22 |
$139.63 |
10 |
62.89% |
1.00% |
48.07% |
$14,806.71 |
$145.22 |
Total |
$1,221.89 |
Prospectus March 1, 2024 | 122 | Appendix A |
|
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% |
0.95% |
4.05% |
$10,405.00 |
$96.92 |
2 |
10.25% |
0.95% |
8.26% |
$10,826.40 |
$100.85 |
3 |
15.76% |
0.95% |
12.65% |
$11,264.87 |
$104.93 |
4 |
21.55% |
0.95% |
17.21% |
$11,721.10 |
$109.18 |
5 |
27.63% |
0.95% |
21.96% |
$12,195.80 |
$113.61 |
6 |
34.01% |
0.95% |
26.90% |
$12,689.73 |
$118.21 |
7 |
40.71% |
0.95% |
32.04% |
$13,203.67 |
$122.99 |
8 |
47.75% |
0.95% |
37.38% |
$13,738.42 |
$127.97 |
9 |
55.13% |
0.95% |
42.95% |
$14,294.82 |
$133.16 |
10 |
62.89% |
0.95% |
48.74% |
$14,873.76 |
$138.55 |
Total |
$1,166.37 |
|
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% |
1.06% |
3.94% |
$10,394.00 |
$108.09 |
2 |
10.25% |
1.07% |
8.02% |
$10,802.48 |
$113.40 |
3 |
15.76% |
1.07% |
12.27% |
$11,227.02 |
$117.86 |
4 |
21.55% |
1.07% |
16.68% |
$11,668.24 |
$122.49 |
5 |
27.63% |
1.07% |
21.27% |
$12,126.81 |
$127.30 |
6 |
34.01% |
1.07% |
26.03% |
$12,603.39 |
$132.31 |
7 |
40.71% |
1.07% |
30.99% |
$13,098.70 |
$137.51 |
8 |
47.75% |
1.07% |
36.13% |
$13,613.48 |
$142.91 |
9 |
55.13% |
1.07% |
41.48% |
$14,148.49 |
$148.53 |
10 |
62.89% |
1.07% |
47.05% |
$14,704.53 |
$154.36 |
Total |
$1,304.76 |
Prospectus March 1, 2024 | 123 | Appendix A |
|
Maximum
Sales
Charge:
5.75% |
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% |
1.35% |
-2.31% |
$9,769.01 |
$704.56 |
2 |
10.25% |
1.52% |
1.09% |
$10,108.97 |
$151.07 |
3 |
15.76% |
1.52% |
4.61% |
$10,460.77 |
$156.33 |
4 |
21.55% |
1.52% |
8.25% |
$10,824.80 |
$161.77 |
5 |
27.63% |
1.52% |
12.02% |
$11,201.50 |
$167.40 |
6 |
34.01% |
1.52% |
15.91% |
$11,591.32 |
$173.23 |
7 |
40.71% |
1.52% |
19.95% |
$11,994.69 |
$179.25 |
8 |
47.75% |
1.52% |
24.12% |
$12,412.11 |
$185.49 |
9 |
55.13% |
1.52% |
28.44% |
$12,844.05 |
$191.95 |
10 |
62.89% |
1.52% |
32.91% |
$13,291.02 |
$198.63 |
Total |
$2,269.68 |
|
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% |
2.10% |
2.90% |
$10,290.00 |
$213.05 |
2 |
10.25% |
2.40% |
5.58% |
$10,557.54 |
$250.17 |
3 |
15.76% |
2.40% |
8.32% |
$10,832.04 |
$256.67 |
4 |
21.55% |
2.40% |
11.14% |
$11,113.67 |
$263.35 |
5 |
27.63% |
2.40% |
14.03% |
$11,402.62 |
$270.20 |
6 |
34.01% |
2.40% |
16.99% |
$11,699.09 |
$277.22 |
7 |
40.71% |
2.40% |
20.03% |
$12,003.27 |
$284.43 |
8 |
47.75% |
2.40% |
23.15% |
$12,315.35 |
$291.82 |
9 |
55.13% |
1.52% |
27.44% |
$12,743.93 |
$190.45 |
10 |
62.89% |
1.52% |
31.87% |
$13,187.42 |
$197.08 |
Total |
$2,494.44 |
Prospectus March 1, 2024 | 124 | Appendix A |
|
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% |
1.09% |
3.91% |
$10,391.00 |
$111.13 |
2 |
10.25% |
1.09% |
7.97% |
$10,797.29 |
$115.48 |
3 |
15.76% |
1.09% |
12.19% |
$11,219.46 |
$119.99 |
4 |
21.55% |
1.09% |
16.58% |
$11,658.14 |
$124.68 |
5 |
27.63% |
1.09% |
21.14% |
$12,113.98 |
$129.56 |
6 |
34.01% |
1.09% |
25.88% |
$12,587.63 |
$134.62 |
7 |
40.71% |
1.09% |
30.80% |
$13,079.81 |
$139.89 |
8 |
47.75% |
1.09% |
35.91% |
$13,591.23 |
$145.36 |
9 |
55.13% |
1.09% |
41.23% |
$14,122.65 |
$151.04 |
10 |
62.89% |
1.09% |
46.75% |
$14,674.84 |
$156.95 |
Total |
$1,328.70 |
|
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% |
1.10% |
3.90% |
$10,390.00 |
$112.15 |
2 |
10.25% |
1.18% |
7.87% |
$10,786.90 |
$124.94 |
3 |
15.76% |
1.18% |
11.99% |
$11,198.96 |
$129.72 |
4 |
21.55% |
1.18% |
16.27% |
$11,626.76 |
$134.67 |
5 |
27.63% |
1.18% |
20.71% |
$12,070.90 |
$139.82 |
6 |
34.01% |
1.18% |
25.32% |
$12,532.01 |
$145.16 |
7 |
40.71% |
1.18% |
30.11% |
$13,010.73 |
$150.70 |
8 |
47.75% |
1.18% |
35.08% |
$13,507.74 |
$156.46 |
9 |
55.13% |
1.18% |
40.24% |
$14,023.74 |
$162.44 |
10 |
62.89% |
1.18% |
45.59% |
$14,559.44 |
$168.64 |
Total |
$1,424.70 |
Prospectus March 1, 2024 | 125 | Appendix A |
|
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% |
1.10% |
3.90% |
$10,390.00 |
$112.15 |
2 |
10.25% |
1.18% |
7.87% |
$10,786.90 |
$124.94 |
3 |
15.76% |
1.18% |
11.99% |
$11,198.96 |
$129.72 |
4 |
21.55% |
1.18% |
16.27% |
$11,626.76 |
$134.67 |
5 |
27.63% |
1.18% |
20.71% |
$12,070.90 |
$139.82 |
6 |
34.01% |
1.18% |
25.32% |
$12,532.01 |
$145.16 |
7 |
40.71% |
1.18% |
30.11% |
$13,010.73 |
$150.70 |
8 |
47.75% |
1.18% |
35.08% |
$13,507.74 |
$156.46 |
9 |
55.13% |
1.18% |
40.24% |
$14,023.74 |
$162.44 |
10 |
62.89% |
1.18% |
45.59% |
$14,559.44 |
$168.64 |
Total |
$1,424.70 |
|
Maximum
Sales
Charge:
5.75% |
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% |
1.44% |
-2.39% |
$9,760.53 |
$713.14 |
2 |
10.25% |
1.63% |
0.89% |
$10,089.46 |
$161.78 |
3 |
15.76% |
1.63% |
4.29% |
$10,429.47 |
$167.23 |
4 |
21.55% |
1.63% |
7.81% |
$10,780.95 |
$172.86 |
5 |
27.63% |
1.63% |
11.44% |
$11,144.27 |
$178.69 |
6 |
34.01% |
1.63% |
15.20% |
$11,519.83 |
$184.71 |
7 |
40.71% |
1.63% |
19.08% |
$11,908.05 |
$190.94 |
8 |
47.75% |
1.63% |
23.09% |
$12,309.35 |
$197.37 |
9 |
55.13% |
1.63% |
27.24% |
$12,724.17 |
$204.02 |
10 |
62.89% |
1.63% |
31.53% |
$13,152.98 |
$210.90 |
Total |
$2,381.64 |
Prospectus March 1, 2024 | 126 | Appendix A |
|
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% |
2.19% |
2.81% |
$10,281.00 |
$222.08 |
2 |
10.25% |
2.37% |
5.51% |
$10,551.39 |
$246.86 |
3 |
15.76% |
2.37% |
8.29% |
$10,828.89 |
$253.36 |
4 |
21.55% |
2.37% |
11.14% |
$11,113.69 |
$260.02 |
5 |
27.63% |
2.37% |
14.06% |
$11,405.98 |
$266.86 |
6 |
34.01% |
2.37% |
17.06% |
$11,705.96 |
$273.88 |
7 |
40.71% |
2.37% |
20.14% |
$12,013.83 |
$281.08 |
8 |
47.75% |
2.37% |
23.30% |
$12,329.79 |
$288.47 |
9 |
55.13% |
1.63% |
27.45% |
$12,745.30 |
$204.36 |
10 |
62.89% |
1.63% |
31.75% |
$13,174.82 |
$211.25 |
Total |
$2,508.22 |
|
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% |
1.19% |
3.81% |
$10,381.00 |
$121.27 |
2 |
10.25% |
1.33% |
7.62% |
$10,761.98 |
$140.60 |
3 |
15.76% |
1.33% |
11.57% |
$11,156.95 |
$145.76 |
4 |
21.55% |
1.33% |
15.66% |
$11,566.41 |
$151.11 |
5 |
27.63% |
1.33% |
19.91% |
$11,990.89 |
$156.66 |
6 |
34.01% |
1.33% |
24.31% |
$12,430.96 |
$162.41 |
7 |
40.71% |
1.33% |
28.87% |
$12,887.18 |
$168.37 |
8 |
47.75% |
1.33% |
33.60% |
$13,360.14 |
$174.54 |
9 |
55.13% |
1.33% |
38.50% |
$13,850.45 |
$180.95 |
10 |
62.89% |
1.33% |
43.59% |
$14,358.76 |
$187.59 |
Total |
$1,589.26 |
Prospectus March 1, 2024 | 127 | Appendix A |
|
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% |
1.19% |
3.81% |
$10,381.00 |
$121.27 |
2 |
10.25% |
1.32% |
7.63% |
$10,763.02 |
$139.55 |
3 |
15.76% |
1.32% |
11.59% |
$11,159.10 |
$144.69 |
4 |
21.55% |
1.32% |
15.70% |
$11,569.75 |
$150.01 |
5 |
27.63% |
1.32% |
19.96% |
$11,995.52 |
$155.53 |
6 |
34.01% |
1.32% |
24.37% |
$12,436.96 |
$161.25 |
7 |
40.71% |
1.32% |
28.95% |
$12,894.64 |
$167.19 |
8 |
47.75% |
1.32% |
33.69% |
$13,369.16 |
$173.34 |
9 |
55.13% |
1.32% |
38.61% |
$13,861.14 |
$179.72 |
10 |
62.89% |
1.32% |
43.71% |
$14,371.23 |
$186.33 |
Total |
$1,578.88 |
Prospectus March 1, 2024 | 128 | Appendix A |
Prospectus March 1, 2024 | 129 | Appendix B |
Prospectus March 1, 2024 | 130 | Appendix B |
Prospectus March 1, 2024 | 131 | Appendix B |
Prospectus March 1, 2024 | 132 | Appendix B |
Prospectus March 1, 2024 | 133 | Appendix B |
Prospectus March 1, 2024 | 134 | Appendix B |
Prospectus March 1, 2024 | 135 | Appendix B |
Prospectus March 1, 2024 | 136 | Appendix B |
DWS |
PO Box
219151
Kansas City,
MO
64121-9151
dws.com |
|
Shareholders:
(800)
728-3337
Investment
professionals:
(800)
621-5027 |
Distributor |
DWS
Distributors, Inc.
222 South
Riverside Plaza
Chicago, IL
60606-5808
(800)
621-1148 |
SEC
File Number |
Deutsche DWS
International Fund, Inc.
DWS Emerging
Markets Equity Fund
811-00642
Deutsche DWS
Global/International
Fund,
Inc.
DWS Emerging
Markets Fixed Income
Fund
811-04670
Deutsche DWS
International Fund, Inc.
DWS Global
Macro Fund
811-00642
Deutsche DWS
Global/International
Fund,
Inc.
DWS Global
Small Cap Fund
811-04670
Deutsche DWS
International Fund, Inc.
DWS Latin
America Equity Fund
811-00642
|