Performance is historical and does not guarantee future results. Investment returns and principal fluctuate so your shares may be worth more or less when redeemed. Current performance may differ from the data shown. Returns with sales charge reflect the maximum sales charge. Returns without sales charge do not reflect sales charges and would have been lower if they did. To view the Net Asset Value (NAV) for a fund, please select the sales charge without option in the sales charge drop down box below. Performance includes reinvestment of all distributions.
Class A shares are subject to a maximum front-end sales charge. Class C shares include a deferred sales charge which declines to zero after first year. The Institutional, R, R6 and S share classes are not subject to a sales charge.
1.
Total returns stated prior to the class inception date of S shares for the funds listed in the following table are derived from the original share class performance adjusted, where applicable, for higher operating expenses. All share classes invest in the same underlying fund portfolio. Please see the fund’s prospectus for details.
Original share class and inception date
DWS Capital Growth Fund – Class AARP – 12/4/84
DWS Communications Fund – Class Institutional – 6/4/98
DWS Global Macro Fund – Class Institutional – 5/15/95
DWS GNMA Fund – Class AARP – 12/31/84
DWS RREEF Real Estate Securities Fund – Class Institutional – 12/1/99
DWS Short Term Municipal Bond Fund – Class Institutional – 3/6/95
2.
The S&P 500® index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by DWS Investment Management Americas, Inc. Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by DWS Investment Management Americas, Inc. DWS Equity Strategy Sector Fund, Deutsche DWS Equity Index Portfolio, Deutsche DWS Institutional Funds (comprising DWS Equity 500 Index Fund and DWS S&P 500 Index Fund) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 index.
3.
Prior to 8/9/21 this fund was known as the DWS Multi-Asset Growth Allocation Fund. Please note the strategy, management team, index and asset class also changed at that time. All returns prior to 8/9/21 were achieved under the previous strategy, management team, index and asset class.
