SUPPLEMENT TO THE CURRENTLY
EFFECTIVE PROSPECTUS AND SUMMARY PROSPECTUS
DWS Emerging Markets Equity
Fund
The following information replaces
the existing disclosure contained under the “AVERAGE ANNUAL TOTAL RETURNS” sub-heading of the “PAST PERFORMANCE” section of the fund’s prospectus and summary prospectus.
Average Annual Total
Returns
(For periods ended 12/31/2017 expressed as a %) (Class A)
(For periods ended 12/31/2017 expressed as a %) (Class A)
| Class Inception | 1 Year | 5 Years | 10 Years | |
| Class A before tax | 5/29/2001 | 29.48 | 3.75 | -1.70 |
| After tax on distributions | 29.48 | 3.83 | -1.61 | |
| After tax on distributions and sale of fund shares | 16.93 | 3.07 | -1.11 | |
| Class T before tax | 6/5/2017 | 34.01 | 4.46 | -1.37 |
| Class C before tax | 5/29/2001 | 36.40 | 4.21 | -1.91 |
| Class S before tax | 5/8/1996 | 37.71 | 5.24 | -0.88 |
| MSCI Emerging Market Index (reflects no deduction for fees or expenses) | 37.28 | 4.35 | 1.68 |
| Class Inception | 1 Year | 5 Years | Since Inception | |
| INST Class before tax | 3/3/2008 | 37.78 | 5.24 | 0.07 |
| MSCI Emerging Market Index (reflects no deduction for fees or expenses) | 37.28 | 4.35 | 2.36 |
Please Retain This Supplement
for Future Reference
August 23, 2018
PROSTKR-1077
