Deutsche Asset
& Wealth Management
                                                                       [DB Logo]


Summary Prospectus | December 1, 2014



Deutsche CROCI (Reg. TM) International Fund

(formerly Deutsche International Fund and DWS International Fund)





                                                      
 CLASS/Ticker    A   SUIAX    B   SUIBX    C   SUICX    R6   SUIRX    INST   SUIIX    S   SCINX



Before you invest, you may want to review the fund's prospectus, which contains
more information about the fund and its risks. You can find the fund's
prospectus, Statement of Additional Information (SAI) and other information
about the fund online at deutschefunds.com/
mutualpros. You can also get this information at no cost by e-mailing a request
to service@db.com, calling (800) 728-3337 or asking your financial advisor. The
prospectus and SAI, both dated December 1, 2014, as supplemented, are
incorporated by reference into this Summary Prospectus.

INVESTMENT OBJECTIVE


The fund seeks long-term growth of capital.



FEES AND EXPENSES OF THE FUND


These are the fees and expenses you may pay when you buy and hold shares. You
may qualify for sales charge discounts if you and your immediate family invest,
or agree to invest in the future, at least $50,000 in Deutsche funds. More
information about these and other discounts is available from your financial
professional and in Choosing a Share Class in the prospectus (p. 25) and
Purchase and Redemption of Shares in the fund's SAI (p. II-15).


SHAREHOLDER FEES (paid directly from your investment)




                                         A          B          C          R6        INST          S
                                ----------  ---------  ---------  ----------  ----------  ---------
                                                                        
Maximum sales charge (load)
imposed on purchases, as %
of offering price                    5.75     None       None        None        None       None
-------------------------------      ----     --         --          -           -          --
Maximum deferred sales
charge (load), as % of
redemption proceeds                None     4.00       1.00          None        None       None
-------------------------------    ------   ----       ----          -           -          --
Redemption/exchange fee on
shares owned less than 15
days, as % of redemption
proceeds                             2.00   2.00       2.00           2.00        2.00    2.00
-------------------------------    ------   ----       ----          -----       -----    ----
Account Maintenance Fee
(annually, for fund account
balances below $10,000 and
subject to certain exceptions)    $   20    $20        $20           None        None     $20
-------------------------------   -------   ----       ----          -----       -----    ----


ANNUAL FUND OPERATING EXPENSES
(expenses that you pay each year as a % of the value of your investment)




                                      A          B          C          R6        INST           S
                              ---------  ---------  ---------  ----------  ----------  ----------
                                                                     
Management fee                    0.57       0.57       0.57       0.57        0.57        0.57
-----------------------------     ----       ----       ----       ----        ----        ----
Distribution/service (12b-1)
fees                              0.24       1.00       1.00      None        None        None
-----------------------------     ----       ----       ----      -----       -----       -----
Other expenses1                   0.37       0.55       0.40       0.18        0.27        0.33
-----------------------------     ----       ----       ----      -----       -----       -----
TOTAL ANNUAL FUND OPERATING
EXPENSES                          1.18       2.12       1.97       0.75        0.84        0.90
-----------------------------     ----       ----       ----      -----       -----       -----


(1) "Other expenses" for Class R6 are based on estimated amounts for the
current fiscal year.

EXAMPLE

This Example is intended to help you compare the cost of investing in the fund
with the cost of investing in other mutual funds. The Example assumes that you
invest $10,000 in the fund for the time periods indicated and then redeem all
of your shares at the end of those periods. The Example also assumes that your
investment has a 5% return each year and that the fund's operating expenses
remain the same. Although your actual costs may be higher or lower, based on
these assumptions your costs would be:





YEARS           A         B         C      R6      INST         S
-------  --------  --------  --------  ------  --------  --------
                                       
1        $ 688     $ 615     $ 300     $77     $  86     $  92
--       -----     -----     -----     ---     -----     -----
3          928       964       618     240       268       287
--       -----     -----     -----     ---     -----     -----
5        1,187     1,339     1,062     417       466       498
--       -----     -----     -----     ---     -----     -----
10       1,924     1,991     2,296     930     1,037     1,108
--       -----     -----     -----     ---     -----     -----


You would pay the following expenses if you did not redeem your shares:





YEARS           A         B         C      R6      INST         S
-------  --------  --------  --------  ------  --------  --------
                                       
1        $ 688     $ 215     $ 200     $77     $  86     $  92
--       -----     -----     -----     ---     -----     -----
3          928       664       618     240       268       287
--       -----     -----     -----     ---     -----     -----
5        1,187     1,139     1,062     417       466       498
--       -----     -----     -----     ---     -----     -----
10       1,924     1,991     2,296     930     1,037     1,108
--       -----     -----     -----     ---     -----     -----


Class B converts to Class A after six years; the Example for Class B reflects
Class A fees after the conversion.


PORTFOLIO TURNOVER

The fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover may
indicate higher transaction costs and may mean higher taxes if you are
investing in a taxable account. These costs are not reflected in annual fund
operating expenses or in the expense example, and can affect the fund's
performance.


Portfolio turnover rate for fiscal year 2014: 167%.


                                       1


PRINCIPAL INVESTMENT STRATEGY


MAIN INVESTMENTS. The fund invests at least 65% of its total assets in foreign
equities (equities issued by foreign-based companies and listed on foreign
exchanges), and may invest up to 20% of net assets in foreign debt securities,
including convertible bonds. Although the fund can invest in companies of any
size and from any country, it invests mainly in common stocks of established
companies in countries with developed economies (other than the United States).
The fund's equity investments may also include preferred stocks, depositary
receipts and other securities with equity characteristics, such as convertible
securities and warrants.


MANAGEMENT PROCESS. Portfolio management intends to select approximately fifty
stocks with the lowest positive Cash Return on Capital Invested (CROCI (Reg.
TM)) Economic Price Earnings Ratio from a universe comprising approximately 330
of the largest equities by market capitalization in the MSCI EAFE Index,
excluding financial stocks. The CROCI (Reg. TM) Economic Price Earnings Ratio
(CROCI (Reg. TM) Economic P/E Ratio) is a proprietary measure of company
valuation using the same relationship between valuation and return as an
accounting P/E ratio (i.e. price/ book value divided by return on equity). At
times, the number of stocks held in the fund may differ from fifty stocks as a
result of corporate actions, mergers or other events.


The fund is reconstituted on a quarterly basis in accordance with the CROCI
(Reg. TM) strategy's rules (re-selecting approximately fifty stocks that will
make up the fund) and the regional weighting in the fund is targeted to match
the regional weighting of the fund's benchmark, the MSCI EAFE Index. The
region-neutral approach attempts to reduce the risk of significant regional
over or underweights in the fund relative to the MSCI EAFE Index benchmark. The
CROCI (Reg. TM) strategy does not form opinions about relative attractiveness
of different regions and targets region neutrality in order to seek to reduce
currency risks relative to the benchmark, as well keeping the focus of the
strategy on stock selection, rather than regional allocation. During the
selection process, a selection buffer is applied to attempt to reduce the
annual turnover of the strategy. This buffer seeks to reduce portfolio turnover
by limiting the replacement of a portfolio security to when its Economic P/E
ratio exceeds a threshold determined by portfolio management from time to time.
Portfolio management will take additional measures to attempt to reduce
portfolio turnover, market impact and transaction costs in connection with
implementation of the strategy, by applying liquidity controls and managing the
fund with tax efficiency in mind. The CROCI (Reg. TM) strategy is supplied by
the CROCI (Reg. TM) Investment Strategy and Valuation Group, a unit within
Deutsche Asset & Wealth Management, through a licensing agreement with the
fund's Advisor.


Portfolio management may utilize forward currency contracts to hedge against
changes in value of the non-US currency exposure of the fund's investments. To
maintain an approximate hedge against such changes, portfolio management
expects to periodically reset the fund's forward currency contracts.


CROCI (Reg. TM) INVESTMENT PROCESS. The CROCI (Reg. TM) Investment Process is
based on the belief that the data used in traditional valuations (i.e.
accounting data) does not accurately appraise assets, reflect all liabilities
or represent the real value of a company. This is because the accounting rules
are not always designed specifically for investors and often utilize widely
differing standards which can make measuring the real asset value of companies
difficult. The CROCI (Reg. TM) Investment Process seeks to generate data that
will enable valuation comparisons on a consistent basis resulting in what
portfolio management believes is an effective and efficient stock selection
process targeting investment in real value. Many technical aspects of the
generally accepted accounting principles of large public financial companies
make these companies poorly suited to consistent valuation using standards
maintained by the CROCI (Reg. TM) Investment Strategy and Valuation Group.
Accordingly, financial stocks have been excluded from the fund's investable
universe.


DERIVATIVES. Portfolio management generally may use futures contracts, which
are a type of derivative (a contract whose value is based on, for example,
indices, currencies or securities) as a substitute for direct investment in a
particular asset class or to keep cash on hand to meet shareholder redemptions.
In addition, portfolio management generally may use forward currency contracts
to hedge the fund's exposure to changes in foreign currency exchange rates on
its foreign currency denominated portfolio holdings or to facilitate
transactions in foreign currency denominated securities. Portfolio management
generally may use structured notes to gain exposure to certain foreign markets
that may not permit direct investment.


The fund may also use various types of derivatives (i) for hedging purposes;
(ii) for risk management; (iii) for non-hedging purposes to seek to enhance
potential gains; or (iv) as a substitute for direct investment in a particular
asset class or to keep cash on hand to meet shareholder redemptions.


SECURITIES LENDING. The fund may lend securities (up to one-third of total
assets) to approved institutions.



MAIN RISKS


There are several risk factors that could hurt the fund's performance, cause
you to lose money or cause the fund's performance to trail that of other
investments. The fund may not achieve its investment objective, and is not
intended to be a complete investment program. An investment in the fund is not
a deposit of a bank and is not insured or guaranteed by the Federal Deposit
Insurance Corporation or any other governmental agency.



                                       2
                                     Deutsche CROCI (Reg. TM) International Fund


                                             SUMMARY PROSPECTUS December 1, 2014


FOREIGN INVESTMENT RISK. The fund faces the risks inherent in foreign
investing. Adverse political, economic or social developments could undermine
the value of the fund's investments or prevent the fund from realizing the full
value of its investments. Financial reporting standards for companies based in
foreign markets differ from those in the US. Additionally, foreign securities
markets generally are smaller and less liquid than US markets. To the extent
that the fund invests in non-US dollar denominated foreign securities, changes
in currency exchange rates may affect the US dollar value of foreign securities
or the income or gain received on these securities.


STOCK MARKET RISK. When stock prices fall, you should expect the value of your
investment to fall as well. Stock prices can be hurt by poor management on the
part of the stock's issuer, shrinking product demand and other business risks.
These may affect single companies as well as groups of companies. In addition,
movements in financial markets may adversely affect a stock's price, regardless
of how well the company performs. To the extent that the fund invests in a
particular geographic region or market sector, performance will be affected by
that region's or sector's general performance.


CROCI (Reg. TM) RISK. The fund will be managed on the premise that stocks with
lower CROCI (Reg. TM)( )Economic P/E Ratios may outperform stocks with higher
CROCI (Reg. TM) Economic P/E Ratios over time. This premise may not prove to be
correct and prospective investors should evaluate this assumption prior to
investing in the fund.


The calculation of the CROCI (Reg. TM) Economic P/E Ratio is determined by the
CROCI (Reg. TM)( )Investment Strategy and Valuation Group using publicly
available information. This publicly available information is adjusted based on
assumptions made by the CROCI (Reg. TM) Investment Strategy and Valuation Group
that, subsequently, may prove not to have been correct. As CROCI (Reg. TM)
Economic P/E Ratios are calculated using historical information, there can be
no guarantee of the future performance of the CROCI (Reg. TM) strategy.


CURRENCY RISK. Changes in currency exchange rates may affect the value of the
fund's investment and the fund's share price. To the extent the fund's forward
currency contracts are not successful in hedging against such changes, the
fund's US dollar share price may go down if the value of the local currency of
the non-US markets in which the fund invests depreciates against the US dollar.
This is true even if the local currency value of securities in the fund's
holdings goes up. Furthermore, the fund's use of forward currency contracts may
eliminate some or all of the benefit of an increase in the value of a foreign
currency versus the US dollar. The value of the US dollar measured against
other currencies is influenced by a variety of factors. These factors include:
interest rates, national debt levels and trade deficits, changes in balances of
payments and trade, domestic and foreign interest and inflation rates, global
or regional political, economic or financial events, monetary policies of
governments, actual or potential government intervention, global energy prices,
political instability and government monetary policies and the buying or
selling of currency by a country's government.


In order to minimize transaction costs or for other reasons, the fund's
exposure to non-US currencies of the fund's investments may not be fully hedged
at all times. Currency exchange rates can be very volatile and can change
quickly and unpredictably. Therefore, the value of an investment in the fund
may also go up or down quickly and unpredictably.


SECURITY SELECTION RISK. The securities in the fund's portfolio may decline in
value. Portfolio management could be wrong in its analysis of industries,
companies, economic trends, the relative attractiveness of different securities
or other matters.


LIQUIDITY RISK. In certain situations, it may be difficult or impossible to
sell an investment in an orderly fashion at an acceptable price.


PRICING RISK. If market conditions make it difficult to value some investments,
the fund may value these investments using more subjective methods, such as
fair value pricing. In such cases, the value determined for an investment could
be different than the value realized upon such investment's sale. As a result,
you could pay more than the market value when buying fund shares or receive
less than the market value when selling fund shares.


DERIVATIVES RISK. Risks associated with derivatives include the risk that the
derivative is not well correlated with the security, index or currency to which
it relates; the risk that derivatives may result in losses or missed
opportunities; the risk that the fund will be unable to sell the derivative
because of an illiquid secondary market; the risk that a counterparty is
unwilling or unable to meet its obligation; and the risk that the derivative
transaction could expose the fund to the effects of leverage, which could
increase the fund's exposure to the market and magnify potential losses.


COUNTERPARTY RISK. A financial institution or other counterparty with whom the
fund does business, or that underwrites, distributes or guarantees any
investments or contracts that the fund owns or is otherwise exposed to, may
decline in financial health and become unable to honor its commitments. This
could cause losses for the fund or could delay the return or delivery of
collateral or other assets to the fund.


SECURITIES LENDING RISK. Any decline in the value of a portfolio security that
occurs while the security is out on loan is borne by the fund and will
adversely affect performance. Also, there may be delays in recovery of
securities loaned or even a loss of rights in the collateral should the
borrower of the securities fail financially while holding the security.



                                       3
                                     Deutsche CROCI (Reg. TM) International Fund


                                             SUMMARY PROSPECTUS December 1, 2014


PAST PERFORMANCE


How a fund's returns vary from year to year can give an idea of its risk; so
can comparing fund performance to overall market performance (as measured by an
appropriate market index). Past performance may not indicate future results.
All performance figures below assume that dividends were reinvested. For more
recent performance figures, go to deutschefunds.com (the Web site does not form
a part of this prospectus) or call the phone number included in this
prospectus.


Prior to February 28, 2014, the fund had a different investment management team
that operated with a different investment strategy. Performance would have been
different if the investment strategy described above had been in effect.


Class R6 is a new class of shares and therefore does not have a full calendar
year of performance available. Class R6 shares are invested in the same
portfolio of securities as Class A and would have had similar performance.
Performance would differ only to the extent that Class R6 and Class A do not
have the same fees and expenses.


CALENDAR YEAR TOTAL RETURNS (%) (Class A)

These year-by-year returns do not include sales charges, if any, and would be
lower if they did. Returns for other classes were different and are not shown
here.



[BAR GRAPHIC OMITTED HERE]

[BAR GRAPHIC DATA]


                                                                           
  2004       2005       2006       2007        2008       2009       2010       2011       2012       2013
  16.37      15.94      25.76      14.25       -48.28     32.66      2.21       -16.71     20.39      20.13









                    RETURNS    PERIOD ENDING
                         
 BEST QUARTER      22.81%      September 30, 2009
 WORST QUARTER     -26.78%     September 30, 2008
 YEAR-TO-DATE       2.18%      September 30, 2014


AVERAGE ANNUAL TOTAL RETURNS
(For periods ended 12/31/2013 expressed as a %)

After-tax returns (which are shown only for Class A and would be different for
other classes) reflect the historical highest individual federal income tax
rates, but do not reflect any state or local taxes. Your actual after-tax
returns may be different. After-tax returns are not relevant to shares held in
an IRA, 401(k) or other tax-advantaged investment plan.






                                    CLASS           1          5         10
                                INCEPTION        YEAR      YEARS      YEARS
                             ------------  ----------  ---------  ---------
                                                      
CLASS A before tax             8/2/1999        13.22       9.01       4.44
---------------------------  ----------        -----      -----       ----
  After tax on distribu-
  tions                                        13.01       8.65       4.16
  After tax on distribu-
  tions and sale of fund
  shares                                        9.06       7.78       3.88
---------------------------  ----------        -----      -----       ----
CLASS B before tax           12/29/2000        16.06       9.25       4.14
---------------------------  ----------        -----      -----       ----
CLASS C before tax           12/29/2000        19.14       9.46       4.22
---------------------------  ----------        -----      -----       ----
INST CLASS before tax        12/29/2000        20.59      10.80       5.53
---------------------------  ----------        -----      -----       ----
CLASS S before tax            6/18/1953        20.48      10.66       5.39
---------------------------  ----------        -----      -----       ----
MORGAN STANLEY CAPITAL
INTERNATIONAL (MSCI)
EUROPE, AUSTRALASIA, FAR
EAST (EAFE) INDEX
(reflects no deduction for
fees, expenses or taxes)                       22.78      12.44       6.91
---------------------------  ----------        -----      -----       ----
MSCI EAFE US DOLLAR
HEDGED INDEX (reflects
no deduction for fees,
expenses or taxes)                             26.67      11.67       6.65
---------------------------  ----------        -----      -----       ----


The Advisor believes that the MSCI EAFE Index generally reflects the expected
regional allocations of the fund's overall investments. The Advisor believes
the additional MSCI EAFE US Dollar Hedged Index generally reflects the fund's
expected regional allocations without the currency impact.



MANAGEMENT


INVESTMENT ADVISOR

Deutsche Investment Management Americas Inc.


PORTFOLIO MANAGER(S)

DI KUMBLE, CFA, MANAGING DIRECTOR. Portfolio Manager of the fund. Began
managing the fund in 2014.



PURCHASE AND SALE OF FUND SHARES


MINIMUM INITIAL INVESTMENT ($)




                                                               AUTOMATIC
                                              UGMAS/          INVESTMENT
                   NON-IRA            IRAS     UTMAS               PLANS
         -----------------  --------------  --------  ------------------
                                          
A B C        1,000                 500       1,000             500
-------      -----                 ---       -----             ---
R6              N/A               N/A         N/A             N/A
--           -----                ----       -----            ----
INST     1,000,000                N/A         N/A             N/A
--       ---------                ----       -----            ----
S            2,500               1,000       1,000           1,000
--       ---------               -----       -----           -----


For participants in all group retirement plans, and in certain fee-based and
wrap programs approved by the Advisor, there is no minimum initial investment
and no minimum additional investment for Class A, C and S shares. For Section
529 college savings plans, there is no minimum initial investment and no
minimum additional investment for Class S shares. In certain instances, the
minimum initial investment may be waived for Institutional Class shares. There
is no minimum additional investment for Class R6 shares and Institutional Class
shares. Because Class B shares are closed to new investment, existing Class B
shareholders may purchase Class A and C shares with a minimum initial
investment of $50. The minimum additional investment in all other instances is
$50.


                                       4
                                     Deutsche CROCI (Reg. TM) International Fund


                                             SUMMARY PROSPECTUS December 1, 2014


TO PLACE ORDERS


                                  
MAIL           New Accounts             Deutsche Asset & Wealth Management
                                        PO Box 219356
                                        Kansas City, MO 64121-9356
               Additional Investments   Deutsche Asset & Wealth Management
                                        PO Box 219154
                                        Kansas City, MO 64121-9154
               Exchanges and            Deutsche Asset & Wealth Management
               Redemptions              PO Box 219557
                                        Kansas City, MO 64121-9557
EXPEDITED MAIL                          Deutsche Asset & Wealth Management
                                        210 West 10th Street
                                        Kansas City, MO 64105-1614
WEB SITE                                deutschefunds.com
TELEPHONE                               (800) 728-3337
                                        M - F 8 a.m. - 8 p.m. ET
TDD LINE                                (800) 972-3006, M - F 8 a.m. - 8 p.m. ET




Initial investments must be sent by mail. You can make additional investments
or sell shares of the fund on any business day by visiting our Web site, by
mail, or by telephone. The fund is generally open on days when the New York
Stock Exchange is open for regular trading.


Class B shares are closed to new purchases, except for exchanges and the
reinvestment of dividends or other distributions. Institutional Class shares
are generally available only to qualified institutions. Class R6 shares are
generally available only to certain retirement plans. If your plan sponsor has
selected Class R6 shares as an investment option, you may purchase Class R6
shares through your securities dealer or any financial institution authorized
to act as a shareholder service agent for your plan. Class S shares are only
available to a limited group of investors.



TAX INFORMATION


The fund's distributions are generally taxable to you as ordinary income or
capital gains, except when your investment is in an IRA, 401(k), or other
tax-deferred investment plan. Any withdrawals you make from such tax-deferred
investment plans, however, may be taxable to you.



PAYMENTS TO BROKER-DEALERS AND

OTHER FINANCIAL INTERMEDIARIES

If you purchase the fund through a broker-dealer or other financial
intermediary (such as a bank), the fund and its related companies may pay the
intermediary for the sale of fund shares and related services. These payments
may create a conflict of interest by influencing the broker-dealer or other
intermediary and your salesperson to recommend the fund over another
investment. Ask your salesperson or visit your financial intermediary's Web
site for more information.


No such payments are made with respect to Class R6 shares. To the extent the
fund makes such payments with respect to another class of its shares, the
expense is borne by the other share class.


                                       5
                                     Deutsche CROCI (Reg. TM) International Fund
                                    SUMMARY PROSPECTUS December 1, 2014 DCIF-SUM