de post-proceso

For the sub-fund with the name DWS Invest European Equities, the following provisions shall apply in addition to the terms contained in the general section of the Sales Prospectus. Investment policy

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.

Notwithstanding the investment limit specified in Article 2 B. (n) concerning the use of deriva- tives, the following investment restrictions shall apply with regard to the investment restrictions currently applicable in individual distribution countries:

Derivatives that constitute short positions must have adequate coverage at all times and may be used exclusively for hedging purposes. Hedging is limited to 100% of the underlying instrument covering the derivative. Conversely, no more than 35% of the net value of the assets of the sub- fund may be invested in derivatives that consti- tute long positions and do not have correspond- ing coverage.

A maximum of 25% of the sub-fund’s assets (after deduction of liquid assets) may be invested in equities of foreign and domestic issuers that do not satisfy the requirements of the preceding sentence.

In addition, the sub-fund’s assets may be invested in all other permissible assets.

Risk Management

The relative Value-at-Risk (VaR) approach is used to limit market risk in the sub-fund.

In addition to the provisions of the general sec- tion of the Sales Prospectus, the potential market risk of the sub-fund is measured using a refer- ence portfolio that does not contain derivatives. The reference portfolio is a portfolio that does not include any leverage effect from the use of derivatives. The corresponding reference portfo- lio for the sub-fund DWS Invest European Equi- ties is the MSCI Europe (15).

Leverage is not expected to exceed twice the value of the investment subfund’s assets. How- ever, the disclosed expected level of leverage is not intended to be an additional exposure limit for the sub-fund.

PEA-compatibility

The sub-fund is eligible to the PEA (Plan d’Epargne en Actions), a fiscal advantage for French sub scribers.

Fund manager of the sub-fund

The fund manager of the sub-fund is DWS Invest- ment GmbH.

Share class Security codes ISIN

LC 551 448 LU0145634076 LD 551 449 LU0145634662 NC 551 631 LU0145635123 FC 552 496 LU0145635479 A2 DWS0AG LU0273160340 A2H DWS017 LU0544572943

Investor Profile Growth-oriented Currency of sub-fund EUR

“Hedged” share classes Sub-fund currency

aim to hedge against

Nature of shares Registered shares or bearer shares represented

by a global certificate.

Date of launch LC, LD, NC and FC: June 3, 2002

and initial subscription A2: November 20, 2006

A2H: The date of launch and initial sub-

scription will be determined by the Management Board of the Manage- ment Company. The Sales Prospectus will be updated accordingly.

Initial NAV per share LC, LD, NC and FC: EUR 100.00

A2 and A2H: USD 100.00

Calculation of the NAV per share Each bank business day in Luxembourg

Front-end load LC, LD, A2 and A2H: up to 5% based on the gross

(payable by the investor) investment*

NC: up to 3% based on the gross

investment** FC: 0%

Allocation of income NC, FC, LC, A2 and A2H: Reinvestment

LD: Distribution

Management Company fee NC: up to 2% p.a.

(payable by the sub-fund)*** LC, LD, A2 and A2H: up to 1.5% p.a.

FC: up to 0.75% p.a.

Expense cap Not to exceed 15% of the Management Company fee

(see Art. 12 b)

Service fee of the NC: 0.2% p.a.

main distributor LC, LD, FC, A2 and A2H: 0% p.a.

(payable by the sub-fund)***

Taxe d’abonnement LC, LD, NC, FC, A2 and A2H: 0.05% p.a.

Order acceptance All subscription, redemption and exchange orders are

placed on the basis of an unknown net asset value per share. Orders received by the Transfer Agent at or before 4:00 PM Luxembourg time on a valuation date are processed on the basis of the net asset value per share on that valuation date. Orders received after 4:00 PM Luxembourg time are processed on the basis of the net asset value per share on the next valuation date.

Value date In a purchase, the equivalent value is debited three bank

business days after issue of the shares. The equivalent val- ue is credited three bank business days after redemption of the shares. The value date for purchase and redemption orders of certain currencies may deviate by one day from the value date as specified in the General Part of the share class description.

* 5% based on the gross investment correspond approx. to 5.26% based on the net investment. ** 3% based on the gross investment correspond approx. to 3.09% based on the net investment. *** For additional costs, see Article 12 in the general section of the Sales Prospectus.

Due to its composition and the techniques applied by its fund management, the sub-fund is subject to increased volatility, which means that the price per share may be subject to considerable downward or upward fluctuation, even within short periods of time.

Performance of share classes vs. benchmark (in euro)

Share class

ISIN

1 year

3 years

5 years

Class LC

LU0145634076

18.5%

9.5%

-28.2%

Class LD

LU0145634662

18.5%

9.5%

-28.2%

Class NC

LU0145635123

17.6%

7.2%

-30.7%

Class FC

LU0145635479

19.4%

12.0%

-25.2%

Class A2

_LU0273160340

_20.1%

_-0.1%

_-36.4%

MSCI Europe

17.1%

22.4%

-8.8%

“BVI method” performance, i.e., excluding the initial sales charge. Past performance is no guide to future results. As of: December 31, 2012