DWS Climate Change

Global warming has reached the global markets. And now you can be part of it. Around the world, businesses and investors are beginning to see climate change as more than a corporate and social responsibility. In fact, the shift away from a carbon-based economy has become one of the mega-trends shaping industries around the world, driving strategic decisions and creating a wealth of new investment opportunities.

Through DWS Climate Change Fund you can access the power of Deutsche Asset Management – and its global research organization with more than $9.9 billion in climate change related assets globally (as of 11/30/07) – to invest in companies already working in the areas of cleaner technologies, energy efficiency and environmental damage mitigation.

DWS Climate Change Fund is distributed by
DWS Investments Distributors Inc., 222 South Riverside Plaza, Chicago, IL 60606-5808

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Important Risk Information

This fund is subject to stock market risk. Investing in foreign securities, particularly in emerging markets, presents certain unique risks not associated with domestic investments, such as currency fluctuation, political and economic changes, including emerging markets and market risks. Stocks of small-cap companies involve greater risk than securities of larger, more established companies, as they often have limited product lines, markets or financial resources and may be subject to more-erratic and more-abrupt market movements. Additionally, the fund concentrates its investments in climate change-related companies, increasing its vulnerability to industry risks and regulatory developments. All of these factors may result in greater share price volatility. Please read the prospectus for specific details regarding the fund’s risk profile. Please see your financial advisor to see if any DWS funds may be suitable for you.

OBTAIN A PROSPECTUS; To obtain a prospectus, download one from www.dws-investments.com or call Shareholder Services at (800) 621-1048. We advise investors to carefully consider the product’s objectives, risks, charges and expenses before investing. The prospectus contains this and other important information about the investment product. Please read the prospectus carefully before investing.

DWS Investments is part of Deutsche Asset Management, which represents the US asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. NOT FDIC/NCUA INSURED, MAY LOSE VALUE, NO BANK GUARANTEE, NOT A DEPOSIT, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY.

DWS INVESTMENTS DISTRIBUTORS, INC., 222 SOUTH RIVERSIDE PLAZA, CHICAGO, ILLINOIS, 60606-5808 R 669-1 01/08