UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM N-CSRS
Investment Company Act file number: 811-04670
Deutsche DWS Global/International Fund, Inc.
(Exact Name of Registrant as Specified in Charter)
875 Third Avenue
New York, NY 10022-6225
(Address of Principal Executive Offices) (Zip Code)
Registrant’s Telephone Number, including Area Code: (212) 454-4500
Diane Kenneally
100 Summer Street
Boston, MA 02110
(Name and Address of Agent for Service)
Date of fiscal year end: | 8/31 |
Date of reporting period: | 2/28/2022 |
ITEM 1. | REPORT TO STOCKHOLDERS |
(a) | |
2 | | | DWS ESG International Core Equity Fund |
DWS ESG International Core Equity Fund | | | 3 |
4 | | | DWS ESG International Core Equity Fund |
Performance Summary | February 28, 2022 (Unaudited) |
Class A | 6-Month ‡ | 1-Year | 5-Year | Life
of Fund* |
Average Annual Total Returns as of 2/28/22 | ||||
Unadjusted for Sales Charge | –7.93% | 3.71% | 6.91% | 5.04% |
Adjusted
for the Maximum Sales Charge (max 5.75% load) |
–13.22% | –2.26% | 5.65% | 4.19% |
MSCI EAFE Index† | –6.78% | 2.83% | 7.16% | 5.23% |
Average Annual Total Returns as of 12/31/21 (most recent calendar quarter end) | ||||
Unadjusted for Sales Charge | 11.60% | 9.17% | 6.26% | |
Adjusted
for the Maximum Sales Charge (max 5.75% load) |
5.18% | 7.89% | 5.38% | |
MSCI EAFE Index† | 11.26% | 9.55% | 6.35% |
Class C | 6-Month ‡ | 1-Year | 5-Year | Life
of Fund* |
Average Annual Total Returns as of 2/28/22 | ||||
Unadjusted for Sales Charge | –8.29% | 2.92% | 6.12% | 4.26% |
Adjusted
for the Maximum Sales Charge (max 1.00% CDSC) |
–9.21% | 2.92% | 6.12% | 4.26% |
MSCI EAFE Index† | –6.78% | 2.83% | 7.16% | 5.23% |
Average Annual Total Returns as of 12/31/21 (most recent calendar quarter end) | ||||
Unadjusted for Sales Charge | 10.80% | 8.36% | 5.47% | |
Adjusted
for the Maximum Sales Charge (max 1.00% CDSC) |
10.80% | 8.36% | 5.47% | |
MSCI EAFE Index† | 11.26% | 9.55% | 6.35% |
Class S | 6-Month ‡ | 1-Year | 5-Year | Life
of Fund* |
Average Annual Total Returns as of 2/28/22 | ||||
No Sales Charges | –7.83% | 3.92% | 7.13% | 5.22% |
MSCI EAFE Index† | –6.78% | 2.83% | 7.16% | 5.23% |
Average Annual Total Returns as of 12/31/21 (most recent calendar quarter end) | ||||
No Sales Charges | 11.81% | 9.38% | 6.44% | |
MSCI EAFE Index† | 11.26% | 9.55% | 6.35% |
DWS ESG International Core Equity Fund | | | 5 |
Institutional Class | 6-Month ‡ | 1-Year | 5-Year | Life
of Fund* |
Average Annual Total Returns as of 2/28/22 | ||||
No Sales Charges | –7.83% | 3.96% | 7.20% | 5.31% |
MSCI EAFE Index† | –6.78% | 2.83% | 7.16% | 5.23% |
Average Annual Total Returns as of 12/31/21 (most recent calendar quarter end) | ||||
No Sales Charges | 11.92% | 9.46% | 6.53% | |
MSCI EAFE Index† | 11.26% | 9.55% | 6.35% |
6 | | | DWS ESG International Core Equity Fund |
* | The Fund commenced operations on November 11, 2014. |
† | The Morgan Stanley Capital International (MSCI) Europe, Australasia and the Far East (EAFE) Index is an unmanaged equity index which captures large and mid-capitalization representation across 21 developed markets countries around the world, excluding the U.S. and Canada. It covers approximately 85% of the free float-adjusted market capitalization in each country. |
‡ | Total returns shown for periods less than one year are not annualized. |
Class A | Class C | Class S | Institutional
Class | |
Net Asset Value | ||||
2/28/22 | $13.24 | $13.01 | $13.28 | $13.32 |
8/31/21 | $14.53 | $14.22 | $14.59 | $14.63 |
Distribution Information as of 2/28/22 | ||||
Income Dividends, Six Months | $ .15 | $ .04 | $ .18 | $ .19 |
DWS ESG International Core Equity Fund | | | 7 |
8 | | | DWS ESG International Core Equity Fund |
Portfolio Summary | (Unaudited) |
Asset Allocation (As a % of Investment Portfolio excluding Securities Lending Collateral) | 2/28/22 | 8/31/21 |
Common Stocks | 97% | 98% |
Exchange-Traded Funds | 1% | 1% |
Preferred Stocks | 1% | 1% |
Cash Equivalents | 1% | 0% |
100% | 100% |
Sector
Diversification (As a % of Investment Portfolio excluding Exchange-Traded Funds, Securities Lending Collateral and Cash Equivalents) |
2/28/22 | 8/31/21 |
Financials | 17% | 17% |
Industrials | 17% | 17% |
Health Care | 13% | 13% |
Consumer Discretionary | 12% | 12% |
Consumer Staples | 10% | 10% |
Information Technology | 9% | 9% |
Materials | 7% | 8% |
Communication Services | 4% | 5% |
Utilities | 4% | 3% |
Energy | 4% | 3% |
Real Estate | 3% | 3% |
100% | 100% |
Geographical Diversification (As a % of Investment Portfolio excluding Securities Lending Collateral and Cash Equivalents) | 2/28/22 | 8/31/21 |
Japan | 22% | 22% |
United Kingdom | 14% | 11% |
France | 13% | 13% |
Switzerland | 10% | 10% |
Germany | 9% | 9% |
Netherlands | 7% | 9% |
Australia | 5% | 5% |
Spain | 3% | 4% |
Denmark | 3% | 3% |
Sweden | 3% | 3% |
Norway | 2% | 2% |
Ireland | 2% | 2% |
Finland | 2% | 2% |
Italy | 1% | 2% |
Other | 4% | 3% |
100% | 100% |
DWS ESG International Core Equity Fund | | | 9 |
Ten
Largest Equity Holdings at February 28, 2022 (26.0% of Net Assets) |
Country | Percent | |||
1 Nestle SA | Switzerland | 4.0% | |||
Multinational company that markets a wide range of food products | |||||
2 ASML Holding NV | Netherlands | 3.6% | |||
Developer of semiconductor manufacturing equipment | |||||
3 Novo Nordisk AS | Denmark | 2.9% | |||
Developer of pharmaceutical products | |||||
4 LVMH Moet Hennessy Louis Vuitton SE | France | 2.6% | |||
Diversified luxury goods group | |||||
5 Shell PLC | United Kingdom | 2.5% | |||
Explores, produces and refines petroleum | |||||
6 Diageo PLC | United Kingdom | 2.4% | |||
Produces, distills and markets alcoholic beverages | |||||
7 Sika AG | Switzerland | 2.1% | |||
Manufacturer of construction materials and offers related services | |||||
8 Capgemini SE | France | 2.0% | |||
IT consulting and services | |||||
9 Compass Group PLC | United Kingdom | 2.0% | |||
Provides catering and support services | |||||
10 Iberdrola SA | Spain | 1.9% | |||
Generates, distributes, trades and markets electricity |
10 | | | DWS ESG International Core Equity Fund |
Investment Portfolio | as of February 28, 2022 (Unaudited) |
Shares | Value ($) | ||
Common Stocks 95.4% | |||
Australia 5.2% | |||
Aurizon Holdings Ltd. | 17,850 | 45,376 | |
Australia & New Zealand Banking Group Ltd. | 2,311 | 43,657 | |
Brambles Ltd. | 5,891 | 42,358 | |
Endeavour Group Ltd. | 13,902 | 72,295 | |
Macquarie Group Ltd. | 339 | 44,511 | |
Telstra Corp., Ltd. | 9,154 | 26,328 | |
Treasury Wine Estates Ltd. | 12,184 | 102,828 | |
Woolworths Group Ltd. | 2,989 | 77,046 | |
(Cost $478,510) | 454,399 | ||
Austria 1.3% | |||
Erste Group Bank AG (Cost $75,308) | 3,287 | 117,901 | |
Belgium 0.9% | |||
KBC Group NV (Cost $72,852) | 1,043 | 75,454 | |
Denmark 2.9% | |||
Novo Nordisk AS “B” (Cost $109,606) | 2,468 | 253,795 | |
Finland 1.5% | |||
Kone Oyj “B” | 565 | 33,183 | |
Neste Oyj | 2,405 | 94,866 | |
(Cost $98,774) | 128,049 | ||
France 12.2% | |||
Aeroports de Paris* | 226 | 32,182 | |
BNP Paribas SA | 2,295 | 135,122 | |
Capgemini SE | 844 | 178,195 | |
Danone SA | 1,252 | 76,241 | |
Kering SA | 187 | 133,583 | |
LVMH Moet Hennessy Louis Vuitton SE | 307 | 227,153 | |
SEB SA | 576 | 84,411 | |
Valeo SA | 2,200 | 48,805 | |
Worldline SA 144A* | 3,102 | 159,663 | |
(Cost $799,894) | 1,075,355 | ||
Germany 7.2% | |||
Allianz SE (Registered) | 553 | 126,057 | |
BASF SE | 2,455 | 163,096 | |
Bayerische Motoren Werke AG | 476 | 46,198 | |
Deutsche Boerse AG | 629 | 107,694 | |
LANXESS AG | 1,785 | 87,222 |
DWS ESG International Core Equity Fund | | | 11 |
Shares | Value ($) | ||
Merck KGaA | 356 | 70,872 | |
Puma SE | 372 | 34,194 | |
(Cost $523,688) | 635,333 | ||
Hong Kong 0.8% | |||
HKT Trust & HKT Ltd. (Units) (Cost $70,565) | 51,000 | 68,786 | |
Ireland 1.5% | |||
Kingspan Group PLC (Cost $80,130) | 1,380 | 134,370 | |
Italy 1.4% | |||
Moncler SpA (Cost $27,866) | 2,079 | 126,298 | |
Japan 21.3% | |||
AGC, Inc. | 2,000 | 88,549 | |
ANA Holdings, Inc.* | 1,200 | 26,372 | |
Astellas Pharma, Inc. | 4,200 | 70,088 | |
Central Japan Railway Co. | 400 | 53,895 | |
Chugai Pharmaceutical Co., Ltd. | 5,000 | 165,268 | |
CyberAgent, Inc. | 9,300 | 120,209 | |
East Japan Railway Co. | 400 | 23,694 | |
Hino Motors Ltd. | 2,800 | 26,231 | |
ITOCHU Corp. | 1,400 | 45,581 | |
Japan Metropolitan Fund Invest (REIT) | 64 | 51,828 | |
Japan Post Bank Co., Ltd. (a) | 11,700 | 103,195 | |
Japan Prime Realty Investment Corp. (REIT) | 8 | 26,025 | |
Japan Real Estate Investment Corp. (REIT) | 8 | 42,656 | |
KDDI Corp. | 2,500 | 81,677 | |
Konami Holdings Corp. | 500 | 28,182 | |
Lixil Corp. | 1,500 | 33,336 | |
Mitsubishi Corp. | 4,300 | 144,786 | |
Mitsubishi Electric Corp. | 4,200 | 50,470 | |
Mitsubishi UFJ Financial Group, Inc. | 23,800 | 147,564 | |
Mitsui & Co., Ltd. | 3,500 | 87,237 | |
Nippon Telegraph & Telephone Corp. | 1,200 | 34,372 | |
Nomura Real Estate Holdings, Inc. | 1,100 | 27,413 | |
Obayashi Corp. | 3,900 | 32,600 | |
Shimizu Corp. | 6,000 | 39,716 | |
Sumitomo Mitsui Financial Group, Inc. | 3,600 | 129,045 | |
Takeda Pharmaceutical Co., Ltd. | 3,000 | 91,358 | |
Terumo Corp. | 3,200 | 103,238 | |
(Cost $1,777,026) | 1,874,585 | ||
Luxembourg 0.4% | |||
Aroundtown SA (Cost $38,739) | 5,427 | 33,650 |
12 | | | DWS ESG International Core Equity Fund |
Shares | Value ($) | ||
Netherlands 7.1% | |||
ASML Holding NV | 470 | 315,613 | |
Koninklijke DSM NV | 883 | 165,637 | |
Koninklijke Philips NV | 1,910 | 64,976 | |
Stellantis NV | 4,257 | 78,137 | |
(Cost $353,136) | 624,363 | ||
Norway 1.9% | |||
DNB Bank ASA (Cost $129,069) | 7,578 | 169,426 | |
Spain 3.3% | |||
Grifols SA | 4,019 | 76,675 | |
Iberdrola SA | 15,027 | 171,523 | |
Siemens Gamesa Renewable Energy SA* | 1,918 | 44,581 | |
(Cost $280,563) | 292,779 | ||
Sweden 2.9% | |||
Assa Abloy AB “B” | 2,926 | 77,721 | |
Fastighets AB Balder “B” * | 789 | 49,412 | |
Hexagon AB “B” | 6,743 | 91,654 | |
Skanska AB “B” | 1,464 | 33,307 | |
(Cost $212,063) | 252,094 | ||
Switzerland 10.1% | |||
ABB Ltd. (Registered) | 2,041 | 69,324 | |
Kuehne & Nagel International AG (Registered) | 332 | 91,009 | |
Lonza Group AG (Registered) | 189 | 131,358 | |
Nestle SA (Registered) | 2,675 | 349,375 | |
Novartis AG (Registered) | 423 | 37,056 | |
Sika AG (Registered) | 543 | 181,177 | |
Straumann Holding AG (Registered) | 18 | 28,646 | |
(Cost $541,518) | 887,945 | ||
United Kingdom 13.5% | |||
Compass Group PLC | 7,728 | 175,619 | |
Diageo PLC | 4,329 | 216,324 | |
M&G PLC | 28,349 | 78,266 | |
National Grid PLC | 8,164 | 123,845 | |
Prudential PLC | 9,953 | 151,745 | |
RELX PLC | 5,161 | 157,925 | |
Shell PLC | 8,254 | 218,354 |
DWS ESG International Core Equity Fund | | | 13 |
Shares | Value ($) | ||
SSE PLC | 1,456 | 33,293 | |
Vodafone Group PLC | 17,223 | 30,369 | |
(Cost $982,000) | 1,185,740 | ||
Total Common Stocks (Cost $6,651,307) | 8,390,322 | ||
Exchange-Traded Funds 1.4% | |||
iShares MSCI Hong Kong ETF (a) (Cost $138,260) | 5,299 | 120,181 | |
Preferred Stocks 1.2% | |||
Germany | |||
Porsche Automobil Holding SE (Cost $92,096) | 1,031 | 105,058 | |
Securities Lending Collateral 2.6% | |||
DWS Government & Agency Securities Portfolio “DWS Government Cash Institutional Shares” , 0.01% (b) (c) (Cost $229,775) | 229,775 | 229,775 | |
Cash Equivalents 0.5% | |||
DWS Central Cash Management Government Fund, 0.06% (b) (Cost $49,109) | 49,109 | 49,109 |
%
of Net Assets |
Value ($) | ||
Total Investment Portfolio (Cost $7,160,547) | 101.1 | 8,894,445 | |
Other Assets and Liabilities, Net | (1.1) | (97,937) | |
Net Assets | 100.0 | 8,796,508 |
14 | | | DWS ESG International Core Equity Fund |
Value
($) at 8/31/2021 |
Pur-
chases Cost ($) |
Sales
Proceeds ($) |
Net
Real- ized Gain/ (Loss) ($) |
Net
Change in Unreal- ized Appreci- ation (Depreci- ation) ($) |
Income
($) |
Capital
Gain Distri- butions ($) |
Number
of Shares at 2/28/2022 |
Value
($) at 2/28/2022 |
Securities Lending Collateral 2.6% | ||||||||
DWS Government & Agency Securities Portfolio “DWS Government Cash Institutional Shares” , 0.01% (b) (c) | ||||||||
249,865 | — | 20,090 (d) | — | — | 743 | — | 229,775 | 229,775 |
Cash Equivalents 0.5% | ||||||||
DWS Central Cash Management Government Fund, 0.06% (b) | ||||||||
58,142 | 715,832 | 724,865 | — | — | 14 | — | 49,109 | 49,109 |
308,007 | 715,832 | 744,955 | — | — | 757 | — | 278,884 | 278,884 |
* | Non-income producing security. |
(a) | All or a portion of these securities were on loan. In addition, “Other Assets and Liabilities, Net” may include pending sales that are also on loan. The value of securities loaned at February 28, 2022 amounted to $220,099, which is 2.5% of net assets. |
(b) | Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at period end. |
(c) | Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates. |
(d) | Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period ended February 28, 2022. |
144A: Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
MSCI: Morgan Stanley Capital International |
REIT: Real Estate Investment Trust |
DWS ESG International Core Equity Fund | | | 15 |
Assets | Level 1 | Level 2 | Level 3 | Total |
Common Stocks | ||||
Australia | $ 454,399 | $— | $— | $ 454,399 |
Austria | 117,901 | — | — | 117,901 |
Belgium | 75,454 | — | — | 75,454 |
Denmark | 253,795 | — | — | 253,795 |
Finland | 128,049 | — | — | 128,049 |
France | 1,075,355 | — | — | 1,075,355 |
Germany | 635,333 | — | — | 635,333 |
Hong Kong | 68,786 | — | — | 68,786 |
Ireland | 134,370 | — | — | 134,370 |
Italy | 126,298 | — | — | 126,298 |
Japan | 1,874,585 | — | — | 1,874,585 |
Luxembourg | 33,650 | — | — | 33,650 |
Netherlands | 624,363 | — | — | 624,363 |
Norway | 169,426 | — | — | 169,426 |
Spain | 292,779 | — | — | 292,779 |
Sweden | 252,094 | — | — | 252,094 |
Switzerland | 887,945 | — | — | 887,945 |
United Kingdom | 1,185,740 | — | — | 1,185,740 |
Exchange-Traded Funds | 120,181 | — | — | 120,181 |
Preferred Stocks | 105,058 | — | — | 105,058 |
Short-Term Investments (a) | 278,884 | — | — | 278,884 |
Total | $8,894,445 | $ — | $ — | $8,894,445 |
(a) | See Investment Portfolio for additional detailed categorizations. |
16 | | | DWS ESG International Core Equity Fund |
Assets | |
Investments in non-affiliated securities, at value (cost $6,881,663) — including $220,099 of securities loaned | $ 8,615,561 |
Investment in DWS Government & Agency Securities Portfolio (cost $229,775)* | 229,775 |
Investment in DWS Central Cash Management Government Fund (cost $49,109) | 49,109 |
Foreign currency, at value (cost $12,784) | 12,798 |
Receivable for investments sold | 41,162 |
Receivable for Fund shares sold | 91 |
Dividends receivable | 12,098 |
Interest receivable | 167 |
Foreign taxes recoverable | 81,899 |
Due from Advisor | 12,435 |
Other assets | 35,941 |
Total assets | 9,091,036 |
Liabilities | |
Payable upon return of securities loaned | 229,775 |
Payable for Fund shares redeemed | 824 |
Accrued Directors' fees | 797 |
Other accrued expenses and payables | 63,132 |
Total liabilities | 294,528 |
Net assets, at value | $ 8,796,508 |
Net Assets Consist of | |
Distributable earnings (loss) | (8,854,590) |
Paid-in capital | 17,651,098 |
Net assets, at value | $ 8,796,508 |
* | Represents collateral on securities loaned. |
DWS ESG International Core Equity Fund | | | 17 |
Net Asset Value | |
Class A | |
Net
Asset Value and redemption price per share ($3,819,587 ÷ 288,487 shares of capital stock outstanding, $.01 par value, 50,000,000 shares authorized) |
$ 13.24 |
Maximum offering price per share (100 ÷ 94.25 of $13.24) | $ 14.05 |
Class C | |
Net
Asset Value, offering and redemption price (subject to contingent deferred sales charge) per share ($876,815 ÷ 67,400 shares of capital stock outstanding, $.01 par value, 50,000,000 shares authorized) |
$ 13.01 |
Class S | |
Net
Asset Value, offering and redemption price per share ($1,910,338 ÷ 143,899 shares of capital stock outstanding, $.01 par value, 50,000,000 shares authorized) |
$ 13.28 |
Institutional Class | |
Net
Asset Value, offering and redemption price per share ($2,189,768 ÷ 164,429 shares of capital stock outstanding, $.01 par value, 50,000,000 shares authorized) |
$ 13.32 |
18 | | | DWS ESG International Core Equity Fund |
Investment Income | |
Income: | |
Dividends (net of foreign taxes withheld of $9,197) | $ 68,095 |
Income distributions — DWS Central Cash Management Government Fund | 14 |
Non cash dividends | 9,244 |
Securities lending income, net of borrower rebates | 743 |
Total income | 78,096 |
Expenses: | |
Management fee | 31,180 |
Administration fee | 4,653 |
Services to shareholders | 6,509 |
Distribution and service fees | 9,624 |
Custodian fee | 6,048 |
Audit fee | 32,925 |
Legal fees | 7,960 |
Tax fees | 3,940 |
Reports to shareholders | 12,442 |
Registration fees | 27,380 |
Directors' fees and expenses | 1,621 |
Other | 13,629 |
Total expenses before expense reductions | 157,911 |
Expense reductions | (99,248) |
Total expenses after expense reductions | 58,663 |
Net investment income | 19,433 |
Realized and Unrealized Gain (Loss) | |
Net realized gain (loss) from: | |
Investments | 296,098 |
Foreign currency | (502) |
295,596 | |
Change in net unrealized appreciation (depreciation) on: | |
Investments | (1,082,329) |
Foreign currency | (1,998) |
(1,084,327) | |
Net gain (loss) | (788,731) |
Net increase (decrease) in net assets resulting from operations | $ (769,298) |
DWS ESG International Core Equity Fund | | | 19 |
Six
Months Ended February 28, 2022 |
Year
Ended August 31, | |
Increase (Decrease) in Net Assets | (Unaudited) | 2021 |
Operations: | ||
Net investment income | $ 19,433 | $ 96,507 |
Net realized gain (loss) | 295,596 | 838,191 |
Change
in net unrealized appreciation (depreciation) |
(1,084,327) | 1,547,429 |
Net increase (decrease) in net assets resulting from operations | (769,298) | 2,482,127 |
Distributions to shareholders: | ||
Class A | (42,320) | (40,223) |
Class C | (2,874) | (5,506) |
Class S | (26,663) | (46,090) |
Institutional Class | (33,156) | (38,054) |
Total distributions | (105,013) | (129,873) |
Fund share transactions: | ||
Proceeds from shares sold | 402,378 | 1,731,974 |
Reinvestment of distributions | 103,754 | 128,534 |
Payments for shares redeemed | (953,670) | (3,902,384) |
Net increase (decrease) in net assets from Fund share transactions | (447,538) | (2,041,876) |
Increase (decrease) in net assets | (1,321,849) | 310,378 |
Net assets at beginning of period | 10,118,357 | 9,807,979 |
Net assets at end of period | $ 8,796,508 | $10,118,357 |
20 | | | DWS ESG International Core Equity Fund |
DWS ESG International Core Equity Fund — Class A | ||||||
Six
Months Ended 2/28/22 |
Years Ended August 31, | |||||
(Unaudited) | 2021 | 2020 | 2019 | 2018 | 2017 | |
Selected Per Share Data | ||||||
Net asset value, beginning of period | $14.53 | $11.50 | $11.13 | $12.19 | $11.74 | $9.53 |
Income (loss) from investment operations: | ||||||
Net investment incomea | .02 | .13 | .07 | .16 | .18 | .07 |
Net realized and unrealized gain (loss) | (1.16) | 3.05 | .63 | (1.02) | .27 | 2.14 |
Total from investment operations | (1.14) | 3.18 | .70 | (.86) | .45 | 2.21 |
Less distributions from: | ||||||
Net investment income | (.15) | (.15) | (.33) | (.20) | — | — |
Redemption fees | — | — | — | — | — | .00 * |
Net asset value, end of period | $13.24 | $14.53 | $11.50 | $11.13 | $12.19 | $11.74 |
Total Return (%)b,c | (7.93) ** | 27.86 | 6.24 | (6.75) | 3.83 | 23.19 |
Ratios to Average Net Assets and Supplemental Data | ||||||
Net assets, end of period ($ millions) | 4 | 4 | 3 | 4 | 9 | 8 |
Ratio
of expenses before expense reductions (%) |
3.36 *** | 3.04 | 2.47 | 1.82 | 1.52 | 1.92 |
Ratio
of expenses after expense reductions (%) |
1.26 *** | 1.25 | 1.13 | 1.13 | 1.12 | 1.48 |
Ratio of net investment income (%) | .35 *** | 1.00 | .65 | 1.44 | 1.47 | .73 |
Portfolio turnover rate (%) | 12 ** | 38 | 68 | 100 | 93 | 51 |
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. |
** | Not annualized |
*** | Annualized |
DWS ESG International Core Equity Fund | | | 21 |
DWS ESG International Core Equity Fund — Class C | ||||||
Six
Months Ended 2/28/22 |
Years Ended August 31, | |||||
(Unaudited) | 2021 | 2020 | 2019 | 2018 | 2017 | |
Selected Per Share Data | ||||||
Net asset value, beginning of period | $14.22 | $11.26 | $10.89 | $11.93 | $11.57 | $9.47 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)a | (.02) | .02 | (.01) | .06 | .07 | .03 |
Net realized and unrealized gain (loss) | (1.15) | 2.99 | .62 | (.97) | .29 | 2.07 |
Total from investment operations | (1.17) | 3.01 | .61 | (.91) | .36 | 2.10 |
Less distributions from: | ||||||
Net investment income | (.04) | (.05) | (.24) | (.13) | — | — |
Redemption fees | — | — | — | — | — | .00 * |
Net asset value, end of period | $13.01 | $14.22 | $11.26 | $10.89 | $11.93 | $11.57 |
Total Return (%)b,c | (8.29) ** | 26.93 | 5.51 | (7.48) | 3.11 | 22.18 |
Ratios to Average Net Assets and Supplemental Data | ||||||
Net assets, end of period ($ millions) | 1 | 1 | 1 | 2 | 4 | 4 |
Ratio
of expenses before expense reductions (%) |
4.07 *** | 3.78 | 3.19 | 2.57 | 2.30 | 2.72 |
Ratio
of expenses after expense reductions (%) |
2.00 *** | 1.98 | 1.88 | 1.88 | 1.87 | 2.20 |
Ratio of net investment income (loss) (%) | (.36) *** | .18 | (.12) | .53 | .58 | .31 |
Portfolio turnover rate (%) | 12 ** | 38 | 68 | 100 | 93 | 51 |
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. |
** | Not annualized |
*** | Annualized |
22 | | | DWS ESG International Core Equity Fund |
DWS ESG International Core Equity Fund — Class S | ||||||
Six
Months Ended 2/28/22 |
Years Ended August 31, | |||||
(Unaudited) | 2021 | 2020 | 2019 | 2018 | 2017 | |
Selected Per Share Data | ||||||
Net asset value, beginning of period | $14.59 | $11.55 | $11.18 | $12.24 | $11.76 | $9.53 |
Income (loss) from investment operations: | ||||||
Net investment incomea | .04 | .13 | .06 | .10 | .25 | .14 |
Net realized and unrealized gain (loss) | (1.17) | 3.09 | .67 | (.94) | .23 | 2.09 |
Total from investment operations | (1.13) | 3.22 | .73 | (.84) | .48 | 2.23 |
Less distributions from: | ||||||
Net investment income | (.18) | (.18) | (.36) | (.22) | — | — |
Redemption fees | — | — | — | — | — | .00 * |
Net asset value, end of period | $13.28 | $14.59 | $11.55 | $11.18 | $12.24 | $11.76 |
Total Return (%)b | (7.83) ** | 28.10 | 6.54 | (6.60) | 4.08 | 23.40 |
Ratios to Average Net Assets and Supplemental Data | ||||||
Net assets, end of period ($ millions) | 2 | 2 | 3 | 8 | 32 | 19 |
Ratio
of expenses before expense reductions (%) |
3.10 *** | 2.84 | 2.23 | 1.63 | 1.35 | 1.68 |
Ratio
of expenses after expense reductions (%) |
1.06 *** | 1.04 | .92 | .93 | .92 | 1.28 |
Ratio of net investment income (%) | .57 *** | .99 | .53 | .89 | 2.00 | 1.35 |
Portfolio turnover rate (%) | 12 ** | 38 | 68 | 100 | 93 | 51 |
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. |
** | Not annualized |
*** | Annualized |
DWS ESG International Core Equity Fund | | | 23 |
DWS ESG International Core Equity Fund — Institutional Class | ||||||
Six
Months Ended 2/28/22 |
Years Ended August 31, | |||||
(Unaudited) | 2021 | 2020 | 2019 | 2018 | 2017 | |
Selected Per Share Data | ||||||
Net asset value, beginning of period | $14.63 | $11.59 | $11.21 | $12.28 | $11.79 | $9.55 |
Income (loss) from investment operations: | ||||||
Net investment incomea | .05 | .16 | .05 | .25 | .18 | .13 |
Net realized and unrealized gain (loss) | (1.17) | 3.07 | .70 | (1.09) | .31 | 2.11 |
Total from investment operations | (1.12) | 3.23 | .75 | (.84) | .49 | 2.24 |
Less distributions from: | ||||||
Net investment income | (.19) | (.19) | (.37) | (.23) | — | — |
Redemption fees | — | — | — | — | — | .00 * |
Net asset value, end of period | $13.32 | $14.63 | $11.59 | $11.21 | $12.28 | $11.79 |
Total Return (%)b | (7.83) ** | 28.16 | 6.58 | (6.52) | 4.16 | 23.46 |
Ratios to Average Net Assets and Supplemental Data | ||||||
Net assets, end of period ($ millions) | 2 | 3 | 3 | 19 | 10 | 12 |
Ratio
of expenses before expense reductions (%) |
3.05 *** | 2.76 | 2.16 | 1.49 | 1.23 | 1.62 |
Ratio
of expenses after expense reductions (%) |
1.01 *** | .99 | .87 | .88 | .87 | 1.21 |
Ratio of net investment income (%) | .64 *** | 1.22 | .40 | 2.28 | 1.49 | 1.29 |
Portfolio turnover rate (%) | 12 ** | 38 | 68 | 100 | 93 | 51 |
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. |
** | Not annualized |
*** | Annualized |
24 | | | DWS ESG International Core Equity Fund |
Notes to Financial Statements | (Unaudited) |
A. | Organization and Significant Accounting Policies |
DWS ESG International Core Equity Fund | | | 25 |
26 | | | DWS ESG International Core Equity Fund |
DWS ESG International Core Equity Fund | | | 27 |
Overnight
and Continuous |
<30 days | Between
30 & 90 days |
>90 days | Total | |
Securities Lending Transactions | |||||
Common Stocks | $ 106,795 | $ — | $ — | $ — | $ 106,795 |
Exchange-Traded Funds | 122,980 | — | — | — | 122,980 |
Total Borrowings | $ 229,775 | $ — | $ — | $ — | $ 229,775 |
Gross amount of recognized liabilities for securities lending transactions: | $ 229,775 |
28 | | | DWS ESG International Core Equity Fund |
DWS ESG International Core Equity Fund | | | 29 |
B. | Purchases and Sales of Securities |
C. | Related Parties |
Class A | 1.28% | |
Class C | 2.02% | |
Class S | 1.08% | |
Institutional Class | 1.03% |
30 | | | DWS ESG International Core Equity Fund |
Class A | 1.25% | ||
Class C | 2.00% | ||
Class S | 1.05% | ||
Institutional Class | 1.00% |
Class A | $ 41,643 |
Class C | 10,154 |
Class S | 21,663 |
Institutional Class | 25,788 |
$ 99,248 |
Services to Shareholders | Total
Aggregated |
Unpaid
at February 28, 2022 |
Class A | $ 456 | $ 152 |
Class C | 66 | 24 |
Class S | 750 | 274 |
Institutional Class | 89 | 33 |
$ 1,361 | $ 483 |
DWS ESG International Core Equity Fund | | | 31 |
Sub-Recordkeeping | Total
Aggregated |
Class A | $ 2,556 |
Class C | 479 |
Class S | 677 |
Institutional Class | 1,011 |
$ 4,723 |
Distribution Fee | Total
Aggregated |
Unpaid
at February 28, 2022 |
Class C | $ 3,684 | $ 518 |
Service Fee | Total
Aggregated |
Unpaid
at February 28, 2022 |
Annualized
Rate |
Class A | $ 4,712 | $ 1,466 | .24% |
Class C | 1,228 | 371 | .25% |
$ 5,940 | $ 1,837 |
32 | | | DWS ESG International Core Equity Fund |
D. | Line of Credit |
DWS ESG International Core Equity Fund | | | 33 |
E. | Fund Share Transactions |
Six
Months Ended February 28, 2022 |
Year
Ended August 31, 2021 | |||
Shares | Dollars | Shares | Dollars | |
Shares sold | ||||
Class A | 17,796 | $ 254,984 | 30,744 | $ 415,329 |
Class C | 612 | 8,570 | 2,329 | 31,541 |
Class S | 4,419 | 62,411 | 68,981 | 885,117 |
Institutional Class | 5,241 | 76,413 | 30,003 | 399,987 |
$ 402,378 | $ 1,731,974 | |||
Shares issued to shareholders in reinvestment of distributions | ||||
Class A | 2,900 | $ 41,061 | 3,066 | $ 38,909 |
Class C | 206 | 2,874 | 441 | 5,506 |
Class S | 1,879 | 26,663 | 3,624 | 46,090 |
Institutional Class | 2,330 | 33,156 | 2,980 | 38,029 |
$ 103,754 | $ 128,534 | |||
Shares redeemed | ||||
Class A | (6,794) | $ (96,603) | (30,887) | $ (396,377) |
Class C | (9,801) | (135,812) | (38,722) | (500,094) |
Class S | (18,339) | (257,065) | (146,646) | (1,956,285) |
Institutional Class | (32,285) | (464,190) | (82,236) | (1,049,628) |
$ (953,670) | $ (3,902,384) | |||
Net increase (decrease) | ||||
Class A | 13,902 | $ 199,442 | 2,923 | $ 57,861 |
Class C | (8,983) | (124,368) | (35,952) | (463,047) |
Class S | (12,041) | (167,991) | (74,041) | (1,025,078) |
Institutional Class | (24,714) | (354,621) | (49,253) | (611,612) |
$ (447,538) | $ (2,041,876) |
F. | Other — COVID-19 Pandemic |
34 | | | DWS ESG International Core Equity Fund |
DWS ESG International Core Equity Fund | | | 35 |
— | Actual Fund Return. This helps you estimate the actual dollar amount of ongoing expenses (but not transaction costs) paid on a $1,000 investment in the Fund using the Fund’s actual return during the period. To estimate the expenses you paid over the period, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the “Expenses Paid per $1,000” line under the share class you hold. |
— | Hypothetical 5% Fund Return. This helps you to compare your Fund’s ongoing expenses (but not transaction costs) with those of other mutual funds using the Fund’s actual expense ratio and a hypothetical rate of return of 5% per year before expenses. Examples using a 5% hypothetical fund return may be found in the shareholder reports of other mutual funds. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. |
36 | | | DWS ESG International Core Equity Fund |
Actual Fund Return | Class A | Class C | Class S | Institutional
Class |
Beginning Account Value 9/1/21 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value 2/28/22 | $ 920.70 | $ 917.10 | $ 921.70 | $ 921.70 |
Expenses Paid per $1,000* | $ 6.00 | $ 9.51 | $ 5.05 | $ 4.81 |
Hypothetical 5% Fund Return | Class A | Class C | Class S | Institutional
Class |
Beginning Account Value 9/1/21 | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 |
Ending Account Value 2/28/22 | $1,018.55 | $1,014.88 | $1,019.54 | $1,019.79 |
Expenses Paid per $1,000* | $ 6.31 | $ 9.99 | $ 5.31 | $ 5.06 |
* | Expenses are equal to the Fund’s annualized expense ratio for each share class, multiplied by the average account value over the period, multiplied by 181 (the number of days in the most recent six-month period), then divided by 365. |
Annualized Expense Ratios | Class A | Class C | Class S | Institutional
Class |
DWS ESG International Core Equity Fund | 1.26% | 2.00% | 1.06% | 1.01% |
DWS ESG International Core Equity Fund | | | 37 |
38 | | | DWS ESG International Core Equity Fund |
— | During the entire process, all of the Fund’s Directors were independent of DIMA and its affiliates (the “Independent Directors” ). |
— | The Board met frequently during the past year to discuss fund matters and dedicated a substantial amount of time to contract review matters. Over the course of several months, the Board reviewed extensive materials received from DIMA, independent third parties and independent counsel. These materials included an analysis of the Fund’s performance, fees and expenses, and profitability from a fee consultant retained by the Fund’s Independent Directors (the “Fee Consultant” ). |
— | The Board also received extensive information throughout the year regarding performance of the Fund. |
— | The Independent Directors regularly met privately with counsel to discuss contract review and other matters. In addition, the Independent Directors were advised by the Fee Consultant in the course of their review of the Fund’s contractual arrangements and considered a comprehensive report prepared by the Fee Consultant in connection with their deliberations. |
— | In connection with reviewing the Agreement, the Board also reviewed the terms of the Fund’s Rule 12b-1 plan, distribution agreement, administrative services agreement, transfer agency agreement and other material service agreements. |
DWS ESG International Core Equity Fund | | | 39 |
40 | | | DWS ESG International Core Equity Fund |
DWS ESG International Core Equity Fund | | | 41 |
42 | | | DWS ESG International Core Equity Fund |
For More Information | The automated telephone system allows you to access personalized account information and obtain information on other DWS funds using either your voice or your telephone keypad. Certain account types within Classes A, C and S also have the ability to purchase, exchange or redeem shares using this system. |
For
more information, contact your financial representative. You may also access our automated telephone system or speak with a Shareholder Service representative by calling: (800) 728-3337 | |
Web Site | dws.com View your account transactions and balances, trade shares, monitor your asset allocation, subscribe to fund and account updates by e-mail, and change your address, 24 hours a day. |
Obtain prospectuses and applications, news about DWS funds, insight from DWS economists and investment specialists and access to DWS fund account information. | |
Written Correspondence | DWS
PO Box 219151 Kansas City, MO 64121-9151 |
Proxy Voting | The Fund’s policies and procedures for voting proxies for portfolio securities and information about how the Fund voted proxies related to its portfolio securities during the most recent 12-month period ended June 30 are available on our Web site — dws.com/en-us/resources/proxy-voting — or on the SEC’s Web site — sec.gov. To obtain a written copy of the Fund’s policies and procedures without charge, upon request, call us toll free at (800) 728-3337. |
Portfolio Holdings | Following the Fund’s fiscal first and third quarter-end, a complete portfolio holdings listing is posted on dws.com, and is available free of charge by contacting your financial intermediary, or if you are a direct investor, by calling (800) 728-3337. In addition, the portfolio holdings listing is filed with SEC on the Fund’s Form N-PORT and will be available on the SEC’s Web site at sec.gov. Additional portfolio holdings for the Fund are also posted on dws.com from time to time. Please see the Fund’s current prospectus for more information. |
Principal Underwriter | If
you have questions, comments or complaints, contact:DWS Distributors, Inc. 222 South Riverside Plaza Chicago, IL 60606-5808 (800) 621-1148 |
DWS ESG International Core Equity Fund | | | 43 |
Investment Management | DWS Investment Management Americas, Inc. (“DIMA” or the “Advisor” ), which is part of the DWS Group GmbH & Co. KGaA (“DWS Group” ), is the investment advisor for the Fund. DIMA and its predecessors have more than 90 years of experience managing mutual funds and DIMA provides a full range of investment advisory services to both institutional and retail clients. DIMA is an indirect, wholly owned subsidiary of DWS Group. |
DWS Group is a global organization that offers a wide range of investing expertise and resources, including hundreds of portfolio managers and analysts and an office network that reaches the world’s major investment centers. This well-resourced global investment platform brings together a wide variety of experience and investment insight across industries, regions, asset classes and investing styles. |
Class A | Class C | Class S | Institutional Class | |
Nasdaq Symbol | DURAX | DURCX | DURSX | DURIX |
CUSIP Number | 25156A 684 | 25156A 676 | 25156A 650 | 25156A 668 |
Fund Number | 1009 | 1309 | 2009 | 1409 |
44 | | | DWS ESG International Core Equity Fund |
FACTS | What Does DWS Do With Your Personal Information? |
Why? | Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share and protect your personal information. Please read this notice carefully to understand what we do. |
What? | The
types of personal information we collect and share can include: — Social Security number — Account balances — Purchase and transaction history — Bank account information — Contact information such as mailing address, e-mail address and telephone number |
How? | All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information, the reasons DWS chooses to share and whether you can limit this sharing. |
Reasons we can share your personal information | Does DWS share? | Can
you limit this sharing? |
For our everyday business purposes —such as to process your transactions, maintain your account(s), respond to court orders or legal investigations | Yes | No |
For our marketing purposes — to offer our products and services to you | Yes | No |
For joint marketing with other financial companies | No | We do not share |
For our affiliates’ everyday business purposes — information about your transactions and experiences | No | We do not share |
For our affiliates’ everyday business purposes — information about your creditworthiness | No | We do not share |
For non-affiliates to market to you | No | We do not share |
Questions? | Call (800) 728-3337 or e-mail us at service@dws.com |
DWS ESG International Core Equity Fund | | | 45 |
Who we are | |
Who is providing this notice? | DWS
Distributors, Inc; DWS Investment Management Americas, Inc.; DWS Trust Company; the DWS Funds |
What we do | |
How does DWS protect my personal information? | To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards, secured files, and secured buildings. |
How does DWS collect my personal information? | We
collect your personal information, for example, when you: — open an account — give us your contact information — provide bank account information for ACH or wire transactions — tell us where to send money — seek advice about your investments |
Why can’t I limit all sharing? | Federal
law gives you the right to limit only — sharing for affiliates’ everyday business purposes — information about your creditworthiness — affiliates from using your information to market to you — sharing for non-affiliates to market to you State laws and individual companies may give you additional rights to limit sharing. |
Definitions | |
Affiliates | Companies
related by common ownership or control. They can be financial or non-financial companies. Our affiliates include financial companies with the DWS or Deutsche Bank (“DB” ) name, such as DB AG Frankfurt. |
Non-affiliates | Companies
not related by common ownership or control. They can be financial and non-financial companies. Non-affiliates we share with include account service providers, service quality monitoring services, mailing service providers and verification services to help in the fight against money laundering and fraud. |
Joint marketing | A
formal agreement between non-affiliated financial companies that together market financial products or services to you. DWS does not jointly market. |
46 | | | DWS ESG International Core Equity Fund |
222 South Riverside Plaza
Chicago, IL 60606-5808 |
(b) Not applicable | ||
ITEM 2. | CODE OF ETHICS | |
Not applicable. | ||
ITEM 3. | AUDIT COMMITTEE FINANCIAL EXPERT | |
Not applicable | ||
ITEM 4. | PRINCIPAL ACCOUNTANT FEES AND SERVICES | |
Not applicable | ||
ITEM 5. | AUDIT COMMITTEE OF LISTED REGISTRANTS | |
Not applicable | ||
ITEM 6. | SCHEDULE OF INVESTMENTS | |
Not applicable | ||
ITEM 7. | DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES | |
Not applicable | ||
ITEM 8. | PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES | |
Not applicable | ||
ITEM 9. | PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS | |
Not applicable | ||
ITEM 10. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS | |
There were no material changes to the procedures by which shareholders may recommend nominees to the Fund’s Board. The primary function of the Nominating and Governance Committee is to identify and recommend individuals for membership on the Board and oversee the administration of the Board Governance Guidelines. Shareholders may recommend candidates for Board positions by forwarding their correspondence by U.S. mail or courier service to Keith R. Fox, DWS Funds Board Chair, c/o Thomas R. Hiller, Ropes & Gray LLP, Prudential Tower, 800 Boylston Street, Boston, MA 02199-3600. | ||
ITEM 11. | CONTROLS AND PROCEDURES | |
(a) | The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report. | |
(b) | There have been no changes in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting. | |
ITEM 12. | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies. | |
Not applicable | ||
ITEM 13. | EXHIBITS | |
(a)(1) | Not applicable | |
(a)(2) | Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT. | |
(b) | Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: | DWS ESG International Core Equity Fund, a series of Deutsche DWS Global/International Fund, Inc. |
By: |
/s/Hepsen Uzcan Hepsen Uzcan President |
Date: | 4/29/2022 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: |
/s/Hepsen Uzcan Hepsen Uzcan President |
Date: | 4/29/2022 |
By: |
/s/Diane Kenneally Diane Kenneally Chief Financial Officer and Treasurer |
Date: | 4/29/2022 |
President
Form N-CSRS Certification under Sarbanes Oxley Act
I, Hepsen Uzcan, certify that:
1) | I have reviewed this report, filed on behalf of DWS ESG International Core Equity Fund, a series of Deutsche DWS Global/International Fund, Inc., on Form N-CSRS; | ||
2) | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; | ||
3) | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; | ||
4) | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: | ||
a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; | ||
b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | ||
c) | Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and | ||
d) | Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and | ||
5) | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): | ||
a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and | ||
b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting | ||
4/29/2022 | /s/Hepsen Uzcan |
Hepsen Uzcan | |
President |
Chief Financial Officer and Treasurer
Form N-CSRS Certification under Sarbanes Oxley Act
I, Diane Kenneally, certify that:
1) | I have reviewed this report, filed on behalf of DWS ESG International Core Equity Fund, a series of Deutsche DWS Global/International Fund, Inc., on Form N-CSRS; | ||
2) | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; | ||
3) | Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report; | ||
4) | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: | ||
a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; | ||
b) | Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; | ||
c) | Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and | ||
d) | Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and | ||
5) | The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): | ||
a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and | ||
b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting | ||
4/29/2022 | /s/Diane Kenneally |
Diane Kenneally | |
Chief Financial Officer and Treasurer |
President
Section 906 Certification under Sarbanes Oxley Act
I, Hepsen Uzcan, certify that:
1. | I have reviewed this report, filed on behalf of DWS ESG International Core Equity Fund, a series of Deutsche DWS Global/International Fund, Inc., on Form N-CSRS; |
2. | Based on my knowledge and pursuant to 18 U.S.C. § 1350, the periodic report on Form N-CSRS (the “Report”) fully complies with the requirements of § 13 (a) or § 15 (d), as applicable, of the Securities Exchange Act of 1934 and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. |
4/29/2022 | /s/Hepsen Uzcan |
Hepsen Uzcan | |
President |
Chief Financial Officer and Treasurer
Section 906 Certification under Sarbanes Oxley Act
I, Diane Kenneally, certify that:
1. | I have reviewed this report, filed on behalf of DWS ESG International Core Equity Fund, a series of Deutsche DWS Global/International Fund, Inc., on Form N-CSRS; |
2. | Based on my knowledge and pursuant to 18 U.S.C. § 1350, the periodic report on Form N-CSRS (the “Report”) fully complies with the requirements of § 13 (a) or § 15 (d), as applicable, of the Securities Exchange Act of 1934 and that the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. |
4/29/2022 | /s/Diane Kenneally |
Diane Kenneally | |
Chief Financial Officer and Treasurer |