497 1 sp_prostkr-116.htm DWS CROCI INTERNATIONAL VIP CLASS A

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUS

DWS CROCI® International VIP
Class A
The following changes are effective on or about December 1, 2019:
The following information replaces the existing disclosure contained under the “AVERAGE ANNUAL TOTAL RETURNS” sub-heading of the “PAST PERFORMANCE” section of the summary section of the fund’s prospectus.
Average Annual Total Returns
(For periods ended 12/31/2018 expressed as a %)
  Class
Inception
1
Year
5
Years
10
Years
Class A before tax 5/1/1987 -14.39 -2.59 3.70
MSCI EAFE® Value Index (reflects no deduction for fees, expenses or taxes)   -14.78 -0.61 5.50
MSCI EAFE® Index (reflects no deduction for fees, expenses or taxes)   -13.79 0.53 6.32
The MSCI EAFE® Value Index has replaced the MSCI EAFE® Index as the fund's primary benchmark index and will no longer serve as the fund's secondary benchmark index. The Advisor believes that the MSCI EAFE® Value Index better represents the fund's investment strategy and is therefore more suitable for performance comparison.
Please Retain This Supplement for Future Reference
November 22, 2019
PROSTKR-116