497 1 ss_saistkr-291.htm DEUTSCHE SCIENCE AND TECHNOLOGY FUND

Supplement to the currently effective STATEMENT OF ADDITIONAL INFORMATION
     
     

 

Deutsche Science and Technology Fund

 

 

Walter Holick and Frederic L. Fayolle have been added as portfolio managers of the fund and, together with Nataly Yackanich, are responsible for the day-to-day management of the fund.

 

The following information replaces the existing tables for Deutsche Science and Technology Fund in “Appendix I-D – Portfolio Management” of the fund’s Statement of Additional Information. The information for Nataly Yackanich is provided as of October 31, 2015 and the information for Walter Holick and Frederic L. Fayolle is provided as of August 31, 2016:

Fund Ownership of Portfolio Managers

 

Name of Portfolio
Manager

Dollar Range of

Fund Shares Owned

Dollar Range of All Deutsche Fund Shares Owned
Walter Holick $0 $0
Frederic L. Fayolle $0 $0
Nataly Yackanich $0 $10,001 - $50,000

 

Conflicts of Interest

 

Other SEC Registered Investment Companies Managed:

Name of Portfolio Manager Number of  Registered Investment
Companies
Total Assets of Registered
Investment
Companies
Number of Investment Company Accounts
with Performance-
Based Fee
Total Assets of Performance- Based Fee Accounts
Walter Holick 0 $0 0 $0
Frederic L. Fayolle 0 $0 0 $0
Nataly Yackanich 0 $0 0 $0

 

Other Pooled Investment Vehicles Managed:

Name of Portfolio Manager Number of
Pooled
Investment Vehicles
Total Assets of Pooled Investment Vehicles Number of Pooled
Investment Vehicle
Accounts with Performance-Based Fee
Total Assets of Performance-
Based Fee Accounts
Walter Holick 3 $744,187,343 2 $653,487,467
Frederic L. Fayolle 3 $744,187,343 2 $653,487,467
Nataly Yackanich 0 $0 0 $0

 

 

November 1, 2016

SAISTKR-291

 

Other Accounts Managed:

Name of Portfolio Manager Number of Other Accounts Total Assets of
Other Accounts
Number of Other
Accounts with Performance-Based Fee
Total Assets of Performance-Based
Fee Accounts
Walter Holick 0 $0 0 $0
Frederic L. Fayolle 0 $0 0 $0
Nataly Yackanich 0 $0 0 $0

 

Please Retain This Supplement for Future Reference