485BXT 1 bxt-af.htm 485BXT FILING

As filed with the Securities and Exchange Commission on April 21, 2006

 

1933 Act File No. 33-07404

1940 Act File No. 811-04760

 


 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

 

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

 

 

POST-EFFECTIVE AMENDMENT NO. 132

x

 

 

And

 

 

 

REGISTRATION STATEMENT UNDER

 

THE INVESTMENT COMPANY ACT OF 1940

 

 

 

AMENDMENT NO. 132

x

 

 

DWS ADVISOR FUNDS

(Exact Name of Registrant as Specified in Charter)

 

 

 

345 Park Avenue, New York, NY 10154

 

(Address of Principal Executive Offices)

 

 

 

(212) 454-7190

(Registrant’s Telephone Number)

 

 

 

John Millette

 

Two International Place

 

Boston, MA 02110

 

(Name and Address of Agent for Service)

 

 

 

Copy to:

Burton M. Leibert, Esq.

 

Willkie Farr & Gallagher LLP

 

787 Seventh Avenue

New York, NY 10019-6099

 

 

It is proposed that this filing will become effective (check appropriate box):

 

[

]

immediately upon filing pursuant to paragraph (b) of Rule 485

 

[ X ]

on May 19, 2006 pursuant to paragraph (b) of Rule 485

 

[

]

60 days after filing pursuant to paragraph (a)(1) of Rule 485(a)

[

]

on (date) pursuant to paragraph (a)(1) of Rule 485

 

[

]

75 days after filing pursuant to paragraph (a)(2) of Rule 485

 

[

]

on (date) pursuant to paragraph (a)(2) of Rule 485

 

 

If appropriate, check the following box:

 

[ X ]

this post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 


 

Explanatory Note

 

This Post-Effective Amendment No. 132 to the Registration Statement on Form N-1A for DWS Advisor Funds (the “Trust”) is being filed pursuant to paragraph (b)(1)(iii) of Rule 485 under the Securities Act of 1933, as amended (the "1933 Act") solely for the purpose of delaying, until May 19, 2006, the effectiveness of Post-Effective Amendment No. 123. That amendment was filed with the Commission on December 23, 2005 (Accession No. 0000088053-05-001459) pursuant to paragraph (a)(1) of Rule 485 under the 1933 Act and designated an effective date of February  21, 2006. The effective date was extended by Post-Effective Amendment No. 126, which was filed with the Commission on February 21, 2006 (Accession No. 0000088053-06-000156) pursuant to paragraph (b)(1)(iii) of Rule 485 under the 1933 Act to March 23, 2006. The effective date was extended by Post-Effective Amendment No. 130, which was filed with the Commission on March 23, 2006 (Accession No. 0000088053-06-000328) pursuant to paragraph (b)(1)(iii) of Rule 485 under the 1933 Act, which designated an effective date of April 21, 2006. Since no other changes are intended to be made to that filing by means of this filing, Parts A and B of Post-Effective Amendment No. 123 are incorporated herein by reference.

 

PART A - PROSPECTUS

 

The Prospectus for DWS International Equity Fund, a series of the Trust, is incorporated by reference to Part A of Post-Effective Amendment No. 123 to the Trust’s Registration Statement filed on December 23, 2005 (Accession No. 0000088053-05-001459).

 

PART B - STATEMENT OF ADDITIONAL INFORMATION

 

The Statement of Additional Information for DWS International Equity Fund, a series of the Trust, is incorporated by reference to Part B of Post-Effective Amendment No. 123 to the Trust’s Registration Statement filed on December 23, 2005 (Accession No. 0000088053-05-001459).

 


 

PART C. OTHER INFORMATION

 

Item 23.

Exhibits

(a)

 

Declaration of Trust dated July 21, 1986; 1

 

 

 

 

(1)

Supplement to Declaration of Trust dated October 20, 1986; 1

 

 

 

 

(2)

Second Supplement to Declaration of Trust dated May 16, 1988; 1

 

 

 

 

(3)

Amendment to Declaration of Trust dated August 16, 1996; 31

 

 

 

 

(4)

Certificate of Amendment dated May 16, 2003; 31

 

 

 

 

(5)

Amended Establishment and Designation of Series of Shares of Beneficial Interest dated April 29, 2005; 38

 

 

 

 

(6)

Amended Establishment and Designation of Series of Shares of Beneficial Interest dated September 30, 2005; 40

 

 

 

 

(7)

Instrument of Establishment and Designation of Classes dated December 2, 2005; 40

 

 

 

 

(8)

Written Instrument Amending the Declaration of Trust dated December 2, 2005; 40

 

 

 

(b)

 

By-Laws; 1

 

 

 

(c)

 

Incorporated by reference to Exhibit (b) above;

 

 

 

(d)

 

(i) Investment Advisory Agreement dated July 30, 2002 between International Equity Portfolio and Deutsche Asset Management, Inc.; 27

(ii) Investment Sub-Advisory Agreement dated September 30, 2002 among International Equity Portfolio, Deutsche Asset Management, Inc. and Deutsche Asset Management Investment Services Limited; 27

(iii) Investment Advisory Agreement dated July 30, 2002 between BT Investment Funds and Deutsche Asset Management, Inc.; 32

 

 

 

 

(1)

Investment Advisory Agreement dated July 30, 2003 between the Registrant and Deutsche Asset Management, Inc.; 28

 

 

 

 

(2)

Investment Advisory Agreement dated July 30, 2003 between the BT Investment Portfolios and Deutsche Asset Management, Inc.; 28

 

 

 

 

(3)

Investment Advisory Agreement dated July 30, 2003 between Cash Management Portfolio and Deutsche Asset Management, Inc.; 32

 

 

 

 

(4)

Investment Advisory Agreement dated July 30, 2002 between Treasury Money Portfolio and Deutsche Asset Management, Inc.; 28

 

 

 

 

(5)

Form of Amendment to Investment Sub-Advisory Agreement between the Registrant, Deutsche Asset Management, Inc. and Deutsche Asset Management Investment Services Limited; 31

 

 

 

 

(6)

Form of Amendment dated December 17, 2004 to the Investment Advisory Agreement dated July 30, 2002 between the Registrant and Deutsche Asset Management, Inc.; 36

 

 


 

 

 

 

 

 

(7)

Form of Investment Advisory Agreement dated August 20, 2004 between the Registrant and Deutsche Asset Management, Inc. on behalf of Lifecycle Short Range Fund and Lifecycle Mid Range Fund; 39

 

 

 

 

(8)

Investment Sub-Advisory Agreement dated August 20, 2004 between Deutsche Asset Management, Inc. and Northern Trust Investments, Inc., N.A. on behalf of Lifecycle Short Range Fund and Lifecycle Mid Range Fund; 39

 

 

 

 

(9)

Amendment dated September 19, 2005, to the Investment Advisory Agreement dated July 30, 2002 between the Registrant and Deutsche Asset Management, Inc.; 40

 

 

 

 

(10)

Amendment to Investment Advisory Agreement between the Registrant and Deutsche Asset Management, Inc. on behalf of Scudder Limited-Duration Plus Fund to be filed by amendment;

 

 

 

(e)

 

Distribution Agreement dated August 19, 2002; 24

 

 

 

(f)

 

Not applicable;

 

 

 

(g)

 

Custodian Agreement dated July 1, 1996; 2

 

 

 

 

(1)

Custodian Agreement between the Registrant and State Street Bank and Trust Company, dated April 1, 2003; 28

 

 

 

(h)

(1)

Administration Agreement dated July 1, 2001; 21

 

 

 

 

(2)

Expense Limitation Agreement dated September 4, 2002; 24

 

 

 

 

(3)

Fund Accounting Agreement between Investment Company Capital Corp. and Scudder Fund Accounting Corporation dated June 3, 2002; 28

 

 

 

 

(4)

Sub-Administration and Sub-Fund Accounting Agreement between Investment Company Capital Corp., Scudder Fund Accounting and State Street Bank and Trust Company dated April 1, 2003; 32

 

 

 

 

(5)

Transfer Agency Agreement dated December 16, 2002 with Scudder Investment Services Company; 31

 

 

 

 

(6)

Agency Agreement between Scudder Investments Service Company and DST Systems, Inc., dated January 15, 2003; 28

 

 

 

 

(7)

Expense Limitation Agreement dated April 25, 2003; 30

 

 

 

 

(8)

Expense Limitation Agreement dated August 1, 2003; 32

 

 

 

 

(9)

Letters of Indemnity to the Scudder Funds and Independent Directors/Trustees dated October 8, 2004; 35

 

 

 

 

(10)

Amendment dated November 17, 2004 to Exhibit A of the Expense Limitation Agreement dated April 25, 2003; 36

 

 

 

 

 


 

 

 

(11)

Form of Expense Limitation Agreement dated December 17, 2004 between Scudder Advisor Funds on behalf of Scudder Mid Cap Growth Fund, Deutsche Asset Management, Inc. and Investment Company Capital Corp.; 36

 

 

 

 

(12)

Form of Expense Limitation Agreement dated December 17, 2004 between Scudder Advisor Funds on behalf of Scudder Small Cap Growth Fund, Deutsche Asset Management, Inc. and Investment Company Capital Corp.; 36

 

 

 

(i)

(1)

Opinion and Consent of Willkie Farr & Gallagher LLP; 33

 

 

 

 

(2)

Opinion and Consent of Bingham McCutchen LLP; 30

 

 

 

 

(3)

Opinion and Consent of Willkie Farr & Gallagher LLP relating to Class S and AARP shares; 34

 

 

 

 

(4)

Opinion and Consent of Bingham McCutchen LLP relating to Class S and AARP shares; 34

 

 

 

 

(5)

Opinion and Consent of Counsel to be filed by amendment;

 

 

 

(j)

 

Not applicable;

 

 

 

(k)

 

Not applicable;

 

 

 

(1)

 

Not applicable;

 

 

 

(m)

 

Rule 12b-1 Plan(s); 26, 29

 

 

 

(n)

 

Rule 18f-3 Plan, as amended; 31

 

 

 

(p)

 

Codes of Ethics for Funds15 and Advisor; 21, 28, 29, 30

 

 

 

 

(1)

Code of Ethics for Deutsche Asset Management, Inc. –U.S., dated January 1, 2005; 36

 

 

 

 

(2)

Consolidated Fund Code of Ethics; 40

 

 

 

(q)

 

Powers of Attorney. 37

____________________

 

 

1

Incorporated by reference to Post-Effective Amendment No. 34 to Registrant’s Registration Statement on Form N-lA (“Registration Statement”) as filed with the Securities and Exchange (“Commission”) on July 31, 1995.
   

2

Incorporated by reference to Post-Effective Amendment No. 44 to Registrant’s Registration Statement as filed with the Commission on July 1, 1997.
   

3

Incorporated by reference to Post-Effective Amendment No. 46 to Registrant’s Registration Statement as filed with the Commission on January 28, 1998.
   

4

Incorporated by reference to Post-Effective Amendment No. 55 to Registrant’s Registration Statement as filed with the Commission on November 25, 1998.
   

5

Incorporated by reference to Post-Effective Amendment No. 56 to Registrant’s Registration Statement as filed with the Commission on January 28, 1999.
 

 


 

 

6

Incorporated by reference to Post-Effective Amendment No. 57 to Registrant’s Registration Statement as filed with the Commission on February 8, 1999.
   

7

Incorporated by reference to Post-Effective Amendment No. 29 to Registrant’s Registration Statement as filed with the Commission on November 8, 1993.
   

8

Incorporated by reference to Post-Effective Amendment No. 60 to Registrant’s Registration Statement as filed with the Commission on March 15, 1999.
   

9

Incorporated by reference to Post-Effective Amendment No. 63 to Registrant’s Registration Statement as filed with the Commission on July 29, 1999.
   

10

Incorporated by reference to Post-Effective Amendment No. 64 to Registrant’s Registration Statement as filed with the Commission on October 22, 1999.
   

11

Incorporated by reference to Post-Effective Amendment No. 66 to Registrant’s Registration Statement as filed with the Commission on December 23, 1999.
   

12

Incorporated by reference to Post-Effective Amendment No. 67 to Registrant’s Registration Statement as filed with the Commission on January 28, 2000.
   

13

Incorporated by reference to Post-Effective Amendment No. 68 to Registrant’s Registration Statement as filed with the Commission on April 28, 2000.
   

14

Incorporated by reference to Post-Effective Amendment No. 69 to Registrant’s Registration Statement as filed with the Commission on May 1, 2000.
   

15

Incorporated by reference to Post-Effective Amendment No. 70 to Registrant’s Registration Statement as filed with the Commission on June 26, 2000.
   

16

Incorporated by reference to Post-Effective Amendment No. 73 to Registrant’s Registration Statement as filed with the Commission on August 31, 2000.
   

17

Incorporated by reference to Post-Effective Amendment No. 74 to Registrant’s Registration Statement as filed with the Commission on September 29, 2000.
   

18

Incorporated by reference to Post-Effective Amendment No. 78 to Registrant’s Registration Statement as filed with the Commission on January 29, 2001.
   

19

Incorporated by reference to Post Effective Amendment No. 81 to Registrant’s Registration Statement as filed with the Commission on March 30, 2001.
   

20

Incorporated by reference to Post Effective Amendment No. 82 to Registrant’s Registration Statement as filed with the Commission on April 30, 2001.
   

21

Incorporated by reference to Post-Effective Amendment No. 84 to Registrant’s Registration Statement as filed with the Commission on June 29, 2001.
   

22

Incorporated by reference to Post-Effective Amendment No. 86 to Registrant’s Registration Statement as filed with the Commission on January 28, 2002.
   

23

Incorporated by reference to Post-Effective Amendment No. 94 to Registrant’s Registration Statement as filed with the Commission on September 30, 2002.
   

24

Incorporated by reference to Post-Effective Amendment No. 95 to Registrant’s Registration Statement as filed with the Commission on November 27, 2002.
   

25

Incorporated by reference to Post-Effective Amendment No. 97 to Registrant’s Registration Statement as filed with the Commission on January 31, 2003.
   

26

Incorporated by reference to Post-Effective Amendment No. 98 to Registrant’s Registration Statement as filed with the Commission on February 3, 2003.
   

27

Incorporated by reference to Post-Effective Amendment No. 99 to Registrant’s Registration Statement as filed with the Commission on February 28, 2003.
 

 


 

 

28

Incorporated by reference to Post-Effective Amendment No. 100 to Registrant’s Registration Statement as filed with the Commission on April 30, 2003.
   

29

Incorporated by reference to Post-Effective Amendment No. 104 to Registrant’s Registration Statement as filed with the Commission on October 1, 2003.
   

30

Incorporated by reference to Post-Effective Amendment No. 105 to Registrant’s Registration Statement as filed with the Commission on January 30, 2004.
   

31

Incorporated by reference to Post-Effective Amendment No. 106 to Registrant’s Registration Statement as filed with the Commission on February 27, 2004.

   

32

Incorporated by reference to Post-Effective Amendment No. 107 to Registrant’s Registration Statement as filed with the Commission on April 29, 2004.
   

33

Incorporated by reference to Post-Effective Amendment No. 103 to Registrant’s Registration Statement as filed with the Commission on July 25, 2003.
   

34

Incorporated by reference to Post-Effective Amendment No. 113 to Registrant’s Registration Statement as filed with the Commission on August 31, 2004.
   

35

Incorporated by reference to Post-Effective Amendment No. 114 to Registrant’s Registration Statement as filed with the Commission on December 3, 2004.
   

36

Incorporated by reference to Post-Effective Amendment No. 116 to Registrant’s Registration Statement as filed with the Commission on February 1, 2005.
   

37

Incorporated by reference to Post-Effective Amendment No. 118 to Registrant’s Registration Statement as filed with the Commission on February1, 2005.
   

38

Incorporated by reference to Post-Effective Amendment No. 120 to Registrant’s Registration Statement as filed with the Commission on July 1, 2005.
   

39

Incorporated by reference to Post-Effective Amendment No. 122 to Registrant’s Registration Statement as filed with the Commission on August 1, 2005.
   

40

Incorporated by reference to Post-Effective Amendment No. 125 to Registrant’s Registration Statement as filed with the Commission on January 27, 2006.
 

Item 24.

Persons Controlled by or Under Common Control with Registrant

 

Information pertaining to persons controlled by or under common control with Registrant is incorporated by reference from the Statement of Additional Information contained in Part B of this Registration Statement.

Item 25.

Indemnification

Deutsche Asset Management, Inc. and Investment Company Capital Corp. (hereafter, “DeAM”), the investment advisor, have agreed, subject to applicable law and regulation, to indemnify and hold harmless the Registrant against any loss, damage, liability and expense, including, without limitation, the advancement and payment, as incurred, of reasonable fees and expenses of counsel (including counsel to the Registrant and counsel to the Independent Trustees) and consultants, whether retained by the Registrant or the Independent Trustees, and other customary costs and expenses incurred by the Registrant in connection with any litigation or regulatory action related to possible improper market timing or other improper trading activity or possible improper marketing and sales activity in the Registrant (“Private Litigation and Enforcement Actions”). In the event that this indemnification is unavailable to the Registrant for any reason, then DeAM has

 


agreed to contribute to the amount paid or payable by the Registrant as a result of any loss, damage, liability or expense in such proportion as is appropriate to reflect the relative fault of DeAM and the Registrant with respect to the matters which resulted in such loss, damage, liability or expense, as well as any other relevant equitable considerations; provided, that if no final determination is made in such action or proceeding as to the relative fault of DeAM and the Registrant, then DeAM shall pay the entire amount of such loss, damage, liability or expense.

 

In recognition of its undertaking to indemnify the Registrant, and in light of the rebuttable presumption generally afforded to non-interested board members of an investment company that they have not engaged in disabling conduct, DeAM has also agreed, subject to applicable law and regulation, to indemnify and hold harmless each of the Independent Trustees against any and all loss, damage, liability and expense, including without limitation the advancement and payment as incurred of reasonable fees and expenses of counsel and consultants, and other customary costs and expenses incurred by the Independent Trustees, arising from the matters alleged in any Private Litigation and Enforcement Actions or matters arising from or similar in subject matter to the matters alleged in the Private Litigation and Enforcement Actions (collectively, “Covered Matters”), including without limitation:

 

1. all reasonable legal and other expenses incurred by the Independent Trustees in connection with the Private Litigation and Enforcement Actions, and any actions that may be threatened or commenced in the future by any person (including any governmental authority), arising from or similar to the matters alleged in the Private Litigation and Enforcement Actions, including without limitation expenses related to the defense of, service as a witness in, or monitoring of such proceedings or actions;

 

2. all liabilities and reasonable legal and other expenses incurred by any Independent Trustee in connection with any judgment resulting from, or settlement of, any such proceeding, action or matter;

 

3. any loss or reasonable legal and other expenses incurred by any Independent Trustee as a result of the denial of, or dispute about, any insurance claim under, or actual or purported rescission or termination of, any policy of insurance arranged by DeAM (or by a representative of DeAM acting as such, acting as a representative of the Registrant or of the Independent Trustees or acting otherwise) for the benefit of the Independent Trustee, to the extent that such denial, dispute or rescission is based in whole or in part upon any alleged misrepresentation made in the application for such policy or any other alleged improper conduct on the part of DeAM, any of its corporate affiliates, or any of their directors, officers or employees;

 

4. any loss or reasonable legal and other expenses incurred by any Independent Trustee, whether or not such loss or expense is incurred with respect to a Covered Matter, which is otherwise covered under the terms of any specified policy of insurance, but for which the Independent Trustee is unable to obtain advancement of expenses or indemnification under that policy of insurance, due to the exhaustion of policy limits which is due in whole or in part to DeAM or any affiliate thereof having received advancement of expenses or indemnification under that policy for or with respect to any Covered Matter; provided, that the total amount that DeAM will be obligated to pay under this provision for all loss or expense shall not exceed the amount that DeAM and any of its affiliates actually receive under that policy of insurance for or with respect to any and all Covered Matters; and

 

5. all liabilities and reasonable legal and other expenses incurred by any Independent Trustee in connection with any proceeding or action to enforce his or her rights under the agreement, unless DeAM prevails on the merits of any such dispute in a final, nonappealable court order.

 

DeAM is not required to pay costs or expenses or provide indemnification to or for any individual Independent Trustee (i) with respect to any particular proceeding or action as to which the Board of the Registrant has determined that such Independent Trustee ultimately would not be entitled to

 


indemnification with respect thereto, or (ii) for any liability of the Independent Trustee to the Registrant or its shareholders to which such Independent Trustee would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence, or reckless disregard of the Independent Trustee’s duties as a Trustee of the Registrant as determined in a final adjudication in such proceeding or action. In addition, to the extent that DeAM has paid costs or expenses under the agreement to any individual Independent Trustee with respect to a particular proceeding or action, and there is a final adjudication in such proceeding or action of the Independent Trustee’s liability to the Registrant or its shareholders by reason of willful misfeasance, bad faith, gross negligence, or reckless disregard of the Independent Trustee’s duties as a Trustee of the Registrant, such Independent Trustee has undertaken to repay such costs or expenses to DeAM.

Item 26.

Business and Other Connections of Investment Advisor

 

During the last two fiscal years, no director or officer of Deutsche Investment Management Americas Inc., the investment advisor, has engaged in any other business, profession, vocation or employment of a substantial nature other than that of the business of investment management and, through affiliates, investment banking.

 

Item 27.

Principal Underwriters

 

 

(a)

 

DWS Scudder Distributors, Inc. acts as principal underwriter of the Registrant’s shares and acts as principal underwriter for registered open-end management investment companies other funds managed by Deutsche Investment Management Americas Inc., Deutsche Asset Management Inc. and Investment Company Capital Corp.

 

 

(b)

 

Information on the officers and directors of DWS Scudder Distributors, Inc., principal underwriter for the Registrant, is set forth below. The principal business address is 222 South Riverside Plaza, Chicago, Illinois 60606.

 

(1)

(2)

(3)

DWS Scudder Distributors, Inc.

Name and Principal

Business Address

Positions and Offices with

DWS Scudder Distributors, Inc.

Positions and

Offices with Registrant

 

 

 

 

 

Michael L. Gallagher

222 South Riverside Plaza

Chicago, IL 60606

 

Director and President

None

 

Philipp Hensler

345 Park Avenue

New York, NY 10154

 

Director, Chairman of the Board and CEO

None

 

Michael Colon

345 Park Avenue

New York, NY 10154

 

Director and Chief Operating Officer

President

 

Thomas Winnick

345 Park Avenue

New York, NY 10154

 

Director and Vice President

None

 

 

 


 

 

Michael Concannon

345 Park Avenue

New York, NY 10154

 

Chief Financial Officer and Treasurer

None

Robert Froehlich

222 South Riverside Plaza

Chicago, IL 60606

 

Vice President

None

Katie Rose

222 South Riverside Plaza

Chicago, IL 60606

 

Vice President

None

Paul Schubert

345 Park Avenue

New York, NY 10154

 

Vice President

Chief Financial Officer and Treasurer

Mark Perrelli

222 South Riverside Plaza

Chicago, IL 60606

 

Vice President

None

Donna White

345 Park Avenue

New York, NY 10154

 

Chief Compliance Officer

None

John Robbins

345 Park Avenue

New York, NY 10154

 

Vice President and AML Compliance Officer

AML Compliance Officer

Caroline Pearson

Two International Place

Boston, MA 02110

 

Secretary

Assistant Secretary

Philip J. Collora

222 South Riverside Plaza

Chicago, IL 60606

 

Assistant Secretary

None

 

 

(c)

Not applicable

 

Item 28.

Location of Accounts and Records

DWS Advisor Funds:

(Registrant)

Deutsche Asset Management

345 Park Avenue

New York, New York 10154

 

 

Deutsche Asset Management, Inc.:

(Investment Advisor)

345 Park Avenue

New York, NY 10017

 

 

Investment Company Capital Corp.:

(Administrator)

345 Park Avenue

New York, New York 10154

 

 

DWS Scudder Investments Service Company:

(Transfer Agent)

222 South Riverside Plaza

Chicago, IL 60606

 

 

 

 


 

 

DWS Scudder Distributors, Inc.:

(Distributor)

222 South Riverside Plaza

Chicago, IL 60606

 

 

State Street Bank and Trust Company:

(Custodian)

225 Franklin Street

Boston, MA 02110

 

 

DST Systems, Inc.:

(Sub-Transfer Agent and

Sub-Dividend Distribution Agent)

127 West 10th Street

Kansas City, MO 64105

 

Item 29.

Management Services

Not applicable

Item 30.

Undertakings

Not applicable

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this amendment to its Registration Statement to be signed on its behalf by the undersigned, thereto duly authorized, in the City of New York and the State of New York on the 20th day of April 2006.

 

 

DWS ADVISOR FUNDS

 

By: /s/ Michael Colon

 

Michael Colon

 

President

 

 

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to its Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

 

SIGNATURE

TITLE

DATE

 

 

 

 

/s/Michael Colon

 

 

Michael Colon

President

April 21, 2006

 

 

 

/s/ Paul H. Schubert

 

 

Paul H. Schubert

Chief Financial Officer and Treasurer

April 21, 2006

 

 

 

/s/Martin J. Gruber

 

 

Martin J. Gruber*

Trustee

April 21, 2006

 

 

 

/s/Richard J. Herring

 

 

Richard J. Herring*

Trustee

April 21, 2006

 

 

 

/s/Graham E. Jones

 

 

Graham E. Jones*

Trustee

April 21, 2006

 

 

 

/s/Rebecca W. Rimel

 

 

Rebecca W. Rimel*

Trustee

April 21, 2006

 

 

 

/s/Philip Saunders, Jr.

 

 

Philip Saunders, Jr.*

Trustee

April 21, 2006

 

 

 

/s/William N. Searcy, Jr.

 

 

William N. Searcy, Jr.*

Trustee

April 21, 2006

 

 

 

/s/William N. Shiebler

 

 

William N. Shiebler*

Trustee

April 21, 2006

 

*By:

/s/Caroline Pearson

 

Caroline Pearson**

 

Assistant Secretary

 

 

**

Attorney-in-fact pursuant to the powers of attorney as contained in and incorporated by reference to Post-Effective Amendment No. 118 to the Registration Statement, as filed on April 29, 2005.