DWS 2008 12 19 DWS DWS DWS DWS
FSC25%
2008 12 19 DWS DWS DWS DWS 2008 12 8 DWS 100% DWS DWS DWS DWS 1 DWS Asia Select i
17 2 48 (852) 2203 8968 (852) 2203 7230 100% DWS Investment S.A. DeAM Asia DeAM Asia ii
DeAM Asia DeAM Asia DeAM Asia DeAM Asia One Raffles Quay #15-00 South Tower Singapore 048583 Singapore A2 LCE2 K2 FC DWS FC LC DWS FC A2 K2 LC E2 FC 2,500 2,000 500,000 500,000 iii
3 V 7 iv
A2 K2 LC E2 FC * A2 K2 LC E2 FC 1.50% 0.75% 30% 0.45% 30% 0.225% * 21 v
50% A- 12 31 CSSF vi
50% DWS 2002 12 20 6 CSSF vii
2 48 2 48 (a) (b) DWS Investment S.A. Deutsche Investment Management Americas Inc. (c) DWS Investment S.A. State Street Bank Luxembourg S.A. (d) DWS Investment S.A. State Street Bank Luxembourg S.A. (e) DWS Investment S.A. (f) DWS Investment S.A. Deutsche Asset Management Asia Limited (g) (h) viii
2008 12 8 DWS DWS Asia Select DWS DWS DWS DWS Investment S.A.
DWS Investment S.A. (fonds commun de placement (FCP)) 2008 9 25 AL DWS Global Aktiv+; Breisgau-Rent; Certificate Horizon*; DB FCS; DB Flexible Management; DB Opportunity; DB Portfolio*; db PrivatMandat Invest*; DBM Vermögensverwaltung Ausgewogen; DBM Vermögensverwaltung Ertrag; DBM Vermögensverwaltung Wachstum; Diversified Strategic Asset Allocation*; DWS 5 % Target Return 2010; DWS 5.5% Target Return 2011; DWS ABS Fund; DWS ABS plus; DWS ACF (EUR); DWS AgriX Garant 2013; DWS Alpha Fonds; DWS Best 80 Garant; DWS Best Global FX Selection Plus; DWS Best Result Garant; DWS Best USA Garant; DWS BestSelect Balance; DWS BestSelect Branchen; DWS BestSelect Global; DWS Brazil; DWS BRIC Garant; DWS BRIC Garant 2012; DWS Cash EUR; DWS Cash USD; DWS China; DWS CO2 Opportunities Fund; DWS Credit Opportunities; DWS Delta Fonds; DWS Deutschland Garant 2013; DWS DifferenzChance 2013; DWS Diskont Basket; DWS Dollarrenta; DWS Emerging Markets Bonds; DWS Etoile; DWS EnergiX 2013; DWS Euro Reserve; DWS Euro-Bonds (Long); DWS Euro-Bonds (Medium); DWS Euro-Bonds (Short); DWS Euro-Corp Bonds; DWS Euro-Corp High Yield; DWS Eurocash plus; DWS Eurocash premium; DWS EuroDynamic Garant; DWS Euroland Konzept 2009; DWS Europa Bonus Express Offensiv; DWS Europa Bonus Express Offensiv II; DWS Europa Express; DWS Europa Garant 2012; DWS Europa Garant 2013; DWS Europa Timing +; DWS Europe Convergence Bonds; DWS Europe Convergence Equities; DWS Eurorenta; DWS Flex Aktiv; DWS FlexPension I; DWS Flex Chance I; DWS Flex Chance III; DWS Financials Opportunities Fund; DWS Fixed Income Strategy; DWS Global*, DWS Global Equity Focus Fund; DWS Global Value; DWS Gold plus; DWS India; DWS Lateinamerika; DWS Mandarin; DWS Megatrend Performance 2016; DWS MultiDynamic Garant; DWS Multi Asset Solution I; DWS Multi Asset Solution II, DWS Multi Asset Solution III; DWS Multi Chance II; DWS OptiRent (Flex); DWS OptiRent (Medium), DWS OptiRent (Short), DWS Osteuropa; DWS Performance Rainbow 2015; DWS Perfomance Select 2014, DWS Professional Cash (Eq); DWS Rendite *; DWS Rendite 2008; DWS Rendite 2010; DWS Rendite 2012; DWS Rendite Garant; DWS Rendite Optima; DWS Rendite Optima Four Seasons; DWS Russia; DWS Top Balance; DWS Top DivideX Bonus 2012; DWS Top Dynamic; DWS Türkei; DWS (US Dollar) Reserve; DWS Vario Chance I; DWS Vario Chance II, DWS Vario Solution I; DWS Vario Solution II; DWS Vario Solution III; DWS Vermögensbildungsfonds I (Lux); DWS Vermögensmandat*; DWS Vorsorge*; DWS Vola Strategy; DWS Zins Chance 2011; DWS ZukunftsFonds 2025; DWS ZukunftsFonds 2030; DWS ZukunftsFonds 2035; FI ALPHA*; Global Fund; Multi Opportunities; Multi Opportunities II; Multi Opportunities III; Multi Opportunities IV; Multi Style Mars; NOVETHOS Invest; P500; PAM Equity Alpha Fund; PAM Fixed Income Alpha Fund; PAM International Fund Selection Portfolio*; P Apollo; Prima 2010; Prima 2010 plus; Private Global Opportunity; PWM Mandat DWS*; RAM Dynamisch; RAM Konservativ; RAM Wachstum; RREEF Global Real Estate Securities (EURO): SFC Global Markets, SK Invest*; Südwestbank Vermögensmandat*; Zurich Vorsorge Dachfonds I; Zurich Vorsorge Dachfonds II Société d Investissement à Capital Variable (SICAV) 2007 2 13 * FCP
2 A. 8 DWS 18 DWS Asia Select 19 DWS 21 DWS 23 DWS 25 B. 27 27 DWS 32 FCP 2002 12 20 2002 12 20 2002 1 21 2001/108/EC 2001/107/ ECUCITS 85/611/ EEC2008 2 8 2002 12 20 2008 2 8 2007/16/EC 1 2007/16/EC (fonds commun de placement) 2007/16/EC 2008 2 8 (CESR) CESR UCITS 2 85/611/EEC UCITS DWS Investment S.A. 1 2 (UCTIS) 85/611/EEC2007 3 19 2007/16/EC2007/16/ EC CSSF 08-339 CESR UCITS 2007 3 CESR/07-044 CESRUCITS 2007 7 CESR/07-434 1
2008 9 1. Einkommensteuergesetz; EStG 20 (1) 1 801 1,602 23 (1) 2 11 2. 30% 5.5% 35 % 30% 30% 35% Anlage KAP Anlage KAP 3. 4. 5. 6. 600 7. 2
1. 11 2. 3. 95% 5% 4. 5% 50% Körperschaftsteuergesetz; KStG 8 b (7) (8) 5. 6. 5% 7. Abgabenordnung AO 37 (2) 35% 30% 37 (2) 5.5% Bundeszentralamt für Steuern 3
17a 14 SICAV 5 (1) 10 5 (1) 1(c) (f) 5 (1) 70% 6% Interest Information Regulation IIR2003 6 3 2003/48/EC, Offical Journal EU No. L 157 38 4 Interest Information Regulation 20% 2011 7 1 35% Interest Information Regulation Interest Information Regulation Interest Information Regulation Interest Information Regulation Interest Information Regulation 15% 15% Interest Information Regulation 40%2011 1 1 25% 2007 7 6 Bundesrat 2008 2009 1 1 2008 1 1 2009 1 1 2009 2009 2009 1 1 1. 801 1,602 23 (1) 2 2009 1 1 25% 2008 12 31 25% 25%
25% 25% 2. 25% 25% 5.5% 3. 25% 4. 25% 2009 1 1 2009 1 1 2009 1 1 5. 6. 2008 12 31 25% 25% 25% 2009 1 1 600 2009 1 1 100,000 2007 11 9 2008 12 31 2008 12 31 7. 1. 11 2. 25% 3. 5
5% 2009 60% 25% ( ) 4. 5% 2009 40% 8 b (7) (8) 25% 5. 6. 5% 2009 60% 25% 7. Abgabenordnung AO 37 (2) 25% 5.5% Bundeszentralamt für Steuern (Investmentsteuergesetz; InvStG) 17a 14 6
5 (1) 10 5 (1) 1(c) (f) 5 (1) 70% 6% Interest Information Regulation (IIR) 2003 6 3 2003/48/EC, Official Journal EU No. L 157 38 2005 6 21 20% 2011 7 1 35% Interest Information Regulation Interest Information Regulation Interest Information Regulation Interest Information Regulation Interest Information Regulation 15% 15% Interest Information Regulation 40%2011 1 1 25% 7
A. DWS Investment S.A. 2, Boulevard Konrad Adenauer 1115 Luxembourg, Luxembourg DWS Investment S.A. 2, Boulevard Konrad Adenauer 1115 Luxembourg, Luxembourg DWS DWS Deutsche Investment Management Americas Inc. 345 Park Avenue New York, NY 10154 USA DWS Deutsche Asset Management (Asia) Ltd. One Raffles Quay #17-10 South Tower Singapore 048583 DWS Asia Select 2 48 Dr. Stephan Kunze DWS Investment GmbH Frankfurt/Main, Germany Udo Behrenwaldt 2008 10 30 Deutsche Asset Management Investmentgesellschaft mbh Frankfurt/Main, Germany Ernst Wilhelm Contzen Deutsche Bank Luxembourg S.A., Luxembourg Klaus-Michael Vogel DWS Investment S.A., Luxembourg; Deutsche Bank Luxembourg S.A., Luxembourg Jochen Wiesbach DWS Investment GmbH Frankfurt/Main, Germany Klaus-Michael Vogel DWS Investment S.A., Luxembourg; Deutsche Bank Luxembourg S.A., Luxembourg Günter Graw DWS Investment S.A., Luxembourg Doris Marx DWS Investment S.A., Luxembourg State Street Bank Luxembourg S.A. 49, Avenue J.F. Kennedy 1855 Luxembourg, Luxembourg KPMG Audit S.à.r.l. 9, Allée Scheffer 2520 Luxembourg, Luxembourg Deutsche Bank Luxembourg S.A. 2, Boulevard Konrad Adenauer 1115 Luxembourg, Luxembourg Deutsche Bank AG Theodor-Heuss-Allee 70 60486 Frankfurt/Main, Germany Deutsche Bank Privat-und Geschäftskunden AG Theodor-Heuss-Allee 72 60486 Frankfurt/Main, Germany 2 48 8
Deutsche Asset Management (Asia) Limited One Raffles Quay # 17-10 Singapore 048583, Singapore Korea Investment and Securities Company 27-1 Youido-dong, Youngdungpo-gu Seoul 150-745, Korea 9
DWS Investment S.A., Luxembourg 2002 12 20 13 2002 1 21 85/611/EEC 2001/107/EC 2001/107/EC UCITS 1987 4 15 1987 5 4 Mémorial C 30,677,400 2002 12 20 2002 12 20 Commission de Surveillance du Secteur Financier 03/108 (i) Deutsche Investment Management Americas Inc. Deutsche Asset Management (Asia) Ltd. 10 (ii) State Street Bank Luxembourg S.A. State Street Bank Luxembourg S.A. State Street Bank Luxembourg S.A. 1990 DWS Investment S.A. DWS Investment S.A. RBC Dexia Investor Services Bank S.A. State Street Bank GmbHRBC Dexia Investor Services Bank S.A. NSCC State Street Bank GmbH Clearstream Banking AG (iii) DWS Investment S.A. State Street Bank Luxembourg S.A (i) (ii) (iii)
11 (RTS) (MICEX) 2002 12 2041(1) (GDR) (ADR)
12 1,000 Russian Federal Commission for Securities and Capital Markets 4 (OTC) Commission de Surveillance du Secteur Financier CSSF 2007 8 2 07/308 100% 200% 10% 210% 210% a) b) c)
13 (Financial Action Task Force (FATF)) DWS Investments 2003/48/EC
(NAV) DWS 12 24 31 5% 5% 1 1,000,000.00 10,000.00 / 100.00 50,000 5% ( 50,000 x 5%) 2,500.00 (50,000 2,500 ) 47,500.00 (47,500 /100 ) 475 2.5% 1,000,000.00 10,000.00 / 100.00 ( 2.5%) 2.50 97.50 14
15 10% 10% 10% 10% 21 21 21
DWS Investment S.A. (TER) 16 2002 12 20 129 taxe d abonnement 0.05% 0.01% 2005 7 1 2003/48/EC 2005 7 1 2008 6 30 15% 2008 7 1 2011 6 30 20% 2011 6 30 35% 1933 S 902 S 902 a) b) c) d) e)
f) g) (h) i) ii) D 501(a) (i) (ii) (A) (B) (iii) (iv) (v) (A) (B) (vi)s 902(k)(2)(vi) 4.7 a) b) c) d) 10% CFTC 4 e) S 4.7 17
DWS 2002 12 20 133 DWS 4 B(k)2 A2 A2 LC E2 K2 FC A2 K2 E2 LC FC A2 A2 A2 K2 LC E2 FC E2 500,000.00 FC 500,000.00 DWS DWS Asia Select DWS DWS DWS A. B. C. 0.5 10.00 1% D. A K 1% A 1% E. A = B x C x (I-D) E A = B = C = D = % E = 18
DWS Asia Select A2 A2 K2 E2 FC LC DWS Asia Select 70% 30% DWS0V6 DWS0V7 DWS0V8 DWS0V9 DWS0WA DWS0WB LU0401046072 LU0401046585 LU0401046825 LU0401046312 LU0401047120 LU0401047393 A2 A2 K2 E2 2008 12 8 FC LC A2 A2 K2 E2 2008 12 8 FC LC A2 100 A2 10 ) K2 10 E2 100 FC 100 LC 100 A2 A2 K2 LC 5% 1 E2 FC0% 0% 1 5.26% 19
DWS Asia Select A2 A2E2 K2 FC LC A2 A2 K2 LC E2 FC 1.75% 1.50% * 0.85% 0.75% * CET CET 0.05% * FC LC MSCI AC Far East ex Japan TR Index25% E2 A2 K2 A2 Mémorial 2009 2 16 2009 2 16 2008 12 8 2008 12 8 20
DWS A2 A2 LC E2 FC DWS 70% 30% A0KERB DWS0DX A0KERD A0KERA A0KERC LU0264451831 LU0289847823 LU0264453456 LU0264451757 LU0264452722 A2 LCE2 FC 2006 9 15 A2 2007 3 15 A2 100 A2 1 LC 100 E2 100 FC 100 A2 A2 LC 5% 1 E2 FC0% 0% A2, A2 LC 1.50% E2 FC 0.75% CET CET 0.05% 1 5.26% 21
6 1 * A2 LU0264451831-2.1% 6.4% 46.6% E2 LU0264451757-1.6% 7.4% 48.8% LC ** LU0264453456-8.9% -8.9% 17.8% FC ** LU0264452722-8.7% -7.6% 20.6% A2 *** LU0289847823-7.9% -5.4% 11.8% * A2LCE2FC2006 9 15 A2 2007 3 15 ** *** BVI 2008 6 30 Mémorial 2009 2 16 2009 2 16 2008 12 8 2008 12 8 22
DWS DWS 70% LC E2 FC A2 K2 30% DWS0SB DWS0SC DWS0SD DWS0TV DWS0TW LCE2 FC A2 K2 LU0361474231 LU0361474314 LU0361474405 LU0367232203 LU0367232468 2008 8 8 LCE2 FC 2008 8 8 K2 A2 2008 7 15 LC 100 E2 100 FC 100 K2 10 A2 1 LCK2 A2 5% 1 E2 FC 0% 0% 1 5.26% 23
DWS FC 0.75% * E2 0.75% LC K2 A2 1.50% 1.50% * CET CET 0.05% * FC LC MSCI AC World Daily TR NET Index25% E2 K2 A2 Mémorial 2009 2 16 2009 2 16 2008 12 8 2008 12 8 24
DWS A2 LC E2 FC DWS 70% 30% A0KERF A0KERH A0KERE A0KERG LU0264452219 LU0264454009 LU0264451914 LU0264453613 A2 LCE2 FC2006 9 15 A2 100 LC 100 E2 100 FC 100 A2 A2 LC 5% 1 E2 FC 0% 0% 1 5.26% 25
DWS A2 A2 LC 1.50% E2 FC 0.75% CET CET 0.05% 6 1 * A2 LU0264452219-13.4% -17.6% 0.5% E2 LU0264451914-13.0% -16.8% 2.0% LC ** LU0264454009-19.5% -29.4% -19.4% FC ** LU0264453613-19.0% -28.7% -18.9% MSCI World -10.6% -10.2% 8.2% * 2006 9 15 ** BVI 2008 6 30 Mémorial 2009 2 16 2009 2 16 2008 12 8 2008 12 8 26
B. 1 1. (fonds commun de placement) 2. Mémorial 2 1. DWS Investment S.A. 1987 4 15 2. 3. 4. 3 1. 2. 3. 4. 4 A. a) b) c) d) e) (Council Directive)85/611/ EEC (2) (Commission de Surveillance du Secteur Financier) 85/611/EEC 10% f) (Commission de Surveillance du Secteur Financier) g) (a) (b) (c) 27
(Commission de Surveillance du Secteur Financier) h) (a) (b) (c) (Commission de Surveillance du Secteur Financier) (Commission de Surveillance du Secteur Financier) Fourth Council Directive 78/660/EEC i) 100% 28 30% j) B. a) 10% b) 20% c) A.(f) 10% 5% d) 5% 40% B(a) (b) (c) 20% e) B.(a) 10% 35%B(d) f) B.(a) 10% 25%B.(d) 5% 80% g) B.(a) (b) (c) (d) (e) (f) 35% 20% (Seventh Council Directive) 83/349/ EEC h) A 10% i) A.(e) 10% B. (a) (b) (c) (d) (e) (f) j) A. (a) (b) (c)
k) 2002 12 20 10% 10% 25% 10% l) (k) B. (a) (b) (c) (d) (e) (f) (g) (i) (k) 2002 12 20 49 m) B.(k) (l) B.(a) (b) (c) (d) (e) (f) 20% 35% n) B.(g) B. (a) (b) (c) (d) (e) (f) B. (a) (b) (c) (d) (e) (f) o) 49% 49% C. a) b) D. 10% E. A (e) (g) (h) F. G. a) 50% 30 50% 30 b) 29
5 1. DWS 30 a) b) c) (a) (b) d) e) f) g) h) i) 2. 3. 6 7 1. 2. 3. 8 1. 2. 9 1. 2. 3. 4. 10 11 1. 2002 12 20 23
16 2. 12 1. 2. 13 1. 2. 3. 14 1. 2. 3. 4. Mémorial 5. 6. Caisse des Consignations 7. 15 1. 2. 3. 14 4. 5. 16 1. 14(6) 2. 17 1. 2. 31
2002 12 20 133 DWS 4 B(k)2 A2 A2 LC E2 K2 FCA2 K2 E2 LC FC A2 A2 A2 K2 LC E2 FC DWS 18 DWS 4 4G(a) 32 (a) (b) (c) 19 4B(n) 100% 15% 20 1. 2. 3. 4. 2.5% 5. 6. 5 DWS 21 a) 1.5% 2008 12 1 1.75% DWS 2008 6 1
b) 10,000.00 (b) 30% c) d) 22 12 31 2007 12 31 2006 12 31 2007 6 30 2007 12 31 23 24 State Street Bank Luxembourg S.A., Luxembourg 25 17 33