DWS Institutional Semiannual Report PDF Free Download

Deutsche Asset & Wealth Management DWS Institutional Semiannual Report 2014 n DWS Institutional Money plus n DWS Institutional USD Money plus n DWS Institutional Euro Short Duration Sovereign Fund (AAA) (until April 25, 2014) Investment Company with Variable Capital Incorporated under Luxembourg Law

Contents Semiannual report 2014 for the period from January 1, 2014, through June 30, 2014 General information 2 2014 Semiannual report DWS Institutional SICAV DWS Institutional Money plus 4 DWS Institutional USD Money plus 5 DWS Institutional Euro Short Duration Sovereign Fund (AAA) (until April 25, 2014) 6 Investment portfolios for the reporting period 8 1

General information The funds described in this report are sub-funds of a SICAV (Société d Investissement à Capital Variable) incorporated under Luxembourg law. Performance The investment return, or performance, of a mutual fund investment is measured by the change in value of the fund s shares. The net asset values per share (= redemption prices) with the addition of intervening distributions, which are, for example, reinvested free of charge within the scope of investment accounts at DWS, are used as the basis for calculating the value. Past performance is not a guide to future results. The corresponding benchmarks if available are also presented in the report. All financial data in this publication is as of June 30, 2014 (unless otherwise stated). Sales prospectuses Fund shares are purchased on the basis of the current sales prospectus, the key investor information document and the articles of incorporation and by-laws of the SICAV, in combination with the latest audited annual report and any semiannual report that is more recent than the latest annual report. Issue and redemption prices The current issue and redemption prices and all other information for shareholders may be requested at any time at the registered office of the Management Company and from the paying agents. In addition, the issue and redemption prices are published in every country of distribution through appropriate media (such as the Internet, electronic information systems, newspapers, etc.). As of August 29, 2013 (date of registration in the Commercial Register), Deutsche Asset Management Investmentgesellschaft mbh was merged with DWS Investment GmbH and was renamed Deutsche Asset & Wealth Management Investment GmbH (abbreviated: DeAWM Investment GmbH). Effective April 25, 2014, the sub-fund DWS Institutional Euro Short Duration Sovereign Fund (AAA) was incorporated into the share class IC of the sub-fund DWS Institutional Money plus. The exchange factor for the sub-fund DWS Institutional Euro Short Duration Sovereign Fund (AAA) was 0.0066047. The issue and redemption of shares in the sub-fund was suspended on April 18, 2014. 2

Semiannual report

DWS Institutional Money plus Performance of share classes vs. benchmark (in euro) Share class ISIN 6 months Class IC LU0099730524 0.1% Class ID BA LU0787086031 0.1% 1M EUR LIBID + 5bp 0.1% BVI method performance, i.e., excluding the initial sales charge. Past performance is no guide to future results. As of: June 30, 2014 DWS INSTITUTIONAL MONEY PLUS Composition Bonds* Time deposit Investment funds Cash and other assets In % of the fund s net assets (* incl. pro-rata accrued interest) 10.2 0.3 0.9 0 20 40 60 80 88.6 100 As of: June 30, 2014 4

DWS Institutional USD Money plus DWS INSTITUTIONAL USD MONEY PLUS vs. benchmark Performance at a glance in % 0.12 0.10 +0.1 0.08 0.06 0.04 0.02 0.00 0.0 6 months DWS Institutional USD Money plus 1M USD LIBID + 5bp Data in U.S. dollars BVI method performance, i.e., excluding the initial sales charge. Past performance is no guide to future results. As of: June 30, 2014 DWS INSTITUTIONAL USD MONEY PLUS Rating distribution of the bonds in the portfolio* AAA AA A BB No rating In % of the fund s net assets in bonds (incl. pro-rata accrued interest) 8.7 1.0 1.4 0 10 20 30 38.4 40 50 50.5 60 * Average values based primarily on ratings by Standard & Poor's, Moody's and Fitch AAA AA A BBB Extremely strong capacity to pay interest and repay principal Very strong capacity to pay interest and repay principal Strong capacity to pay interest and repay principal Adequate capacity to pay interest and repay principal. Adverse economic or sector-specific conditions are more likely to lead to a weakened capacity to pay interest and repay principal. BB to B CCC and lower Credit quality is adequate, with higher business and financial risk. Interest and principal payments are generally made without adverse effect on credit quality. The non-investment-grade rating is consistent with the company s business model. The rating is not consistent with the company s longterm business model. The capacity to pay interest and repay principal is potentially reduced in the long term. Security code: 575 145 ISIN: LU0146220040 As of: June 30, 2014 DWS INSTITUTIONAL USD MONEY PLUS Composition Bonds* Cash and other assets In % of the fund s net assets (* incl. pro-rata accrued interest) 77.8 22.2 0 20 40 60 80 100 As of: June 30, 2014 5

DWS Institutional Euro Short Duration Sovereign Fund (AAA) DWS INSTITUTIONAL EURO SHORT DURATION SOVEREIGN FUND (AAA) vs. benchmark Performance at a glance in % 0.30 0.25 0.20 0.15 0.10 +0.1 +0.2 0.05 0.00 Since beginning of fiscal year DWS Institutional Euro Short Duration Sovereign Fund (AAA) ML EMU Direct Governments AAA Rat. 1-3Y Data on euro basis Security code: DWS 0WP ISIN: LU0410815541 BVI method performance, i.e., excluding the initial sales charge. Past performance is no guide to future results. As of: April 25, 2014 6

The format used for complete dates in securities descriptions in the investment portfolio is day/month/year. Investment portfolios for the reporting period

DWS Institutional Money plus Investment portfolio June 30, 2014 Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period EUR % of net assets Securities traded on an exchange 3 125 588 837.67 83.37 Interest-bearing securities 0.6070 % ABN AMRO Bank 13/14.01.15 MTN (XS0873330947)... EUR 27 000 % 100.0620 27 016 740.00 0.72 0.4170 % ABN AMRO Bank 13/19.12.14 MTN (XS0945639259)... EUR 20 000 % 99.9500 19 990 000.00 0.53 0.4340 % ABN AMRO Bank 13/29.12.14 MTN (XS0947057112)... EUR 21 800 % 100.0340 21 807 412.00 0.58 0.3840 % Air Liquide Finance 13/17.06.15 MTN (FR0011521111)... EUR 15 000 % 99.9970 14 999 550.00 0.40 0.4970 % ANZ New Zealand (Intl.) (London Br.) 14/10.06.16 (XS1075369576)............. EUR 15 000 15 000 % 99.9695 14 995 425.00 0.40 0.8170 % ART Five /TAP SA 06/02.11.17 S.100 (XS0241232783)... EUR 61 200 % 98.0600 25 951 456.54 0.69 0.8670 % Atlantes Mortgage No.1 03/17.01.36 Cl.A (XS0161394324)... EUR 20 000 % 96.7800 3 162 832.34 0.08 0.6270 % Bacchus 2006-2 06/17.08.22 CI.A1 (XS0260552962)... EUR 2 000 % 98.9400 492 377.07 0.01 0.6760 % Bank of Montreal 13/04.11.16 MTN (XS0989165716)... EUR 25 000 % 100.1860 25 046 500.00 0.67 0.4875 % Bank of Nova Scotia 13/30.10.15 MTN (XS0987656112)... EUR 22 000 % 99.9420 21 987 240.00 0.59 0.4780 % Bank of Nova Scotia 14/15.01.16 MTN (XS1017218410)... EUR 20 000 20 000 % 99.8850 19 977 000.00 0.53 0.6090 % Banque Fédérative Crédit Mut. 12/28.09.14 MTN (XS0834632878)... EUR 20 000 % 99.9950 19 999 000.00 0.53 0.6270 % Banque Fédérative Crédit Mut. 13/22.07.15 MTN (XS0953526695)... EUR 25 000 % 99.9750 24 993 750.00 0.67 0.6300 % Barclays Bank 14/02.06.16 MTN (XS1072480053)... EUR 20 000 20 000 % 100.0260 20 005 200.00 0.53 0.5510 % BASF 13/19.08.16 MTN (XS0963402572)... EUR 20 000 % 99.8440 19 968 800.00 0.53 0.5490 % Bayer 14/24.01.16 MTN (XS1023268060)... EUR 8 750 8 750 % 100.1000 8 758 750.00 0.23 0.5560 % Bayerische Landesbank 04/18.12.15 (XS0190401785)... EUR 7 000 % 100.2000 7 014 000.00 0.19 0.7130 % Belfius Bank 13/02.07.14 MTN (BE6251683338)... EUR 33 000 % 100.0000 33 000 000.00 0.88 0.6710 % Belfius Bank 14/19.05.15 MTN (BE6266428349)... EUR 15 000 15 000 % 100.0070 15 001 050.00 0.40 0.5170 % BMW Finance 13/22.10.15 MTN (XS0984182294)... EUR 25 000 % 99.7400 24 935 000.00 0.67 0.4960 % BMW Finance 13/29.05.15 MTN (XS0937999414)... EUR 20 000 % 99.8000 19 960 000.00 0.53 0.6860 % BNP Paribas 12/03.12.14 MTN (XS0859873050)... EUR 20 000 % 100.1010 20 020 200.00 0.53 0.5630 % BNP Paribas 13/03.04.15 MTN (XS0910936003) 3... EUR 30 000 % 99.9840 29 995 200.00 0.80 0.6360 % BNP Paribas 13/13.11.15 MTN (XS0993219970)... EUR 14 600 % 100.0240 14 603 504.00 0.39 0.7570 % BPCE 12/05.12.14 MTN (FR0011365196)... EUR 20 000 % 100.1080 20 021 600.00 0.53 0.5670 % BPCE 13/10.03.15 MTN (FR0011564541)... EUR 10 000 % 100.0080 10 000 800.00 0.27 0.7780 % BPCE 13/16.01.15 MTN (FR0011390970)... EUR 20 000 % 100.1340 20 026 800.00 0.53 0.7580 % BPCE 13/23.10.15 MTN (FR0011603422)... EUR 15 000 % 99.7500 14 962 500.00 0.40 0.5870 % BPCE 13/27.11.14 MTN (FR0011505940) 3. EUR 10 000 % 100.0390 10 003 900.00 0.27 0.3080 % Bpifrance 13/27.03.15 MTN (FR0011457852). EUR 18 000 % 100.0090 18 001 620.00 0.48 0.3290 % Bpifrance Finance 14/30.06.16 MTN (FR0012006948)... EUR 20 000 20 000 % 99.9810 19 996 200.00 0.53 0.4090 % Cie. Financement Foncier 13/28.03.15 MTN PF (FR0011458843) 3... EUR 25 000 % 99.9450 24 986 250.00 0.67 1.3670 % CLASS/BVV 05/08.06.20 S.173 MTN (XS0220432347)... EUR 3 000 % 93.4100 2 802 300.00 0.07 0.4280 % CM-CIC Home Loan 14/15.01.16 MTN PF (FR0011689124)... EUR 25 000 25 000 % 99.7250 24 931 250.00 0.66 0.4770 % Commonwealth Bank Australia 13/14.01.16 MTN (XS1014678996) 3... EUR 20 000 20 000 % 99.8840 19 976 800.00 0.53 0.7280 % Crédit Agricole (London Br.) 13/16.10.15 MTN (FR0011600006)... EUR 25 000 % 100.1480 25 037 000.00 0.67 0.6970 % Crédit Agricole (London Br.) 13/28.08.15 MTN (XS0966074741)... EUR 14 700 % 100.0930 14 713 671.00 0.39 0.7070 % Crédit Agricole (London Br.) 14/28.01.16 MTN (XS1023317966)... EUR 7 100 7 100 % 100.0960 7 106 816.00 0.19 0.5680 % Daimler Canada Finance 14/15.01.16 MTN (DE000A1ZB177)... EUR 20 000 20 000 % 99.8230 19 964 600.00 0.53 0.5390 % Danske Bank 13/23.02.15 MTN (XS0963984686)... EUR 17 500 % 99.9290 17 487 575.00 0.47 0.5180 % Danske Bank 14/16.11.15 MTN (XS1068097713)... EUR 15 000 15 000 % 99.9560 14 993 400.00 0.40 8

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period EUR % of net assets 0.4290 % DekaBank DGZ 04/03.11.14 S.103 IHS MTN (XS0205453136)... EUR 7 000 % 99.9950 6 999 650.00 0.19 0.4330 % DekaBank DGZ 04/15.12.15 (DE000DK3YWR4)... EUR 25 000 % 100.0570 25 014 250.00 0.67 0.5130 % Deutsche Hypothekenbank 09/02.10.14 S.208 MTN ÖPF (DE000DHY2089)... EUR 25 000 % 99.8200 24 955 000.00 0.67 0.3480 % Deutsche Hypothekenbank 12/20.11.14 HPF S.378 MTN (DE000DHY3780)... EUR 26 000 % 99.8200 25 953 200.00 0.69 0.3540 % Deutsche Pfandbriefbank 05/29.07.15 S.981 MTN ÖPF (DE000A0E9LD2)... EUR 10 000 % 99.7450 9 974 500.00 0.27 0.5190 % Dexia Crédit Local 13/04.11.15 MTN (XS0987392205)... EUR 15 000 15 000 % 99.9420 14 991 300.00 0.40 0.4770 % Dexia Crédit Local 13/17.07.14 MTN (XS0953556767)... EUR 25 000 % 99.9450 24 986 250.00 0.67 0.5250 % Dexia Crédit Local 14/31.01.16 MTN (XS1023721233)... EUR 15 000 15 000 % 99.9800 14 997 000.00 0.40 0.6880 % DNB Boligkreditt 11/10.02.16 MTN PF (XS0589651388)... EUR 25 000 % 100.2670 25 066 750.00 0.67 0.5500 % Dt. Apothek. u. Ärztebk. 13/02.09.15 MTN (XS0967767996)... EUR 27 000 % 99.7320 26 927 640.00 0.72 0.5470 % DZ BANK 12/01.08.14 S.C13 IHS MTN (DE000DZ9VAF1)... EUR 25 000 % 100.0240 25 006 000.00 0.67 1.2920 % EARLS Eight /BVV 05/08.06.17 S.190 MTN (XS0220432776)... EUR 23 500 % 96.2900 22 628 150.00 0.60 3.1250 % Finland 09/15.09.14 (FI0001006462)... EUR 850 850 % 100.6300 855 355.00 0.02 0.0000 % France 14/07.08.14 (FR0122005673) 3... EUR 50 000 50 000 % 99.9995 49 999 750.00 1.33 0.0000 % France B.T.F. 13/18.09.14 (FR0121616116) 3... EUR 65 000 65 000 % 99.9960 64 997 400.00 1.73 0.0000 % France B.T.F. 13/24.07.14 (FR0121616090) 3... EUR 60 000 60 000 % 99.9995 59 999 700.00 1.60 0.0000 % France B.T.F. 14/30.10.14 (FR0122208236) 3... EUR 35 000 35 000 % 99.9930 34 997 550.00 0.93 0.4610 % GE Capital European Funding 13/25.09.15 MTN (XS0974821794)... EUR 15 000 % 100.0500 15 007 500.00 0.40 0.0000 % Germany 12/19.09.14 BSA (DE0001137396). EUR 800 800 % 99.9925 799 940.00 0.02 0.0000 % Germany 14/13.08.14 (DE0001119980) 3... EUR 45 000 45 000 % 100.0050 45 002 250.00 1.20 0.0000 % Germany 14/16.07.14 (DE0001119964) 3... EUR 50 000 50 000 % 100.0010 50 000 500.00 1.33 0.3930 % Granite Master Issuer 05/20.12.54 S.2 Cl.A5 (XS0220174543)... EUR 13 500 % 99.4200 2 480 443.82 0.07 0.4880 % HSBC Bank 13/21.05.15 MTN (XS0934338822)... EUR 25 000 % 99.9270 24 981 750.00 0.67 0.5870 % HSBC France 14/27.01.16 MTN (FR0011707710)... EUR 20 800 20 800 % 100.0640 20 813 312.00 0.56 0.6620 % HSH N Finance (Guernsey) 03/21.12.15 MTN (XS0162446354)... EUR 35 000 17 000 % 100.2910 35 101 850.00 0.94 0.7070 % HSH Nordbank 01/22.01.41 MTN (XS0122667230)... EUR 12 050 % 42.3490 5 103 054.50 0.14 0.3980 % HSH Nordbank 03/16.04.15 MTN S.314 Tr.1 (XS0166807536)... EUR 25 000 % 99.8270 24 956 750.00 0.67 0.4080 % HSH Nordbank 04/21.11.14 E.10066 IHS (DE000HSH0EM9)... EUR 17 750 % 99.7000 17 696 750.00 0.47 0.3960 % HSH Nordbank 05/21.12.15 (DE000HSH0GG6)... EUR 10 000 % 99.4900 9 949 000.00 0.27 0.4860 % HSH Nordbank 05/23.12.15 E.10091 IHS (DE000HSH1LW1)... EUR 32 000 % 96.4200 30 854 400.00 0.82 1.0890 % Hypo Alpe-Adria Bank Int. 07/24.01.17 MTN (XS0283714896) 3... EUR 151 500 % 72.5000 109 837 500.00 2.93 0.8630 % HYPO NOE Gruppe Bank 13/02.04.15 MTN (XS0910524668)... EUR 20 000 % 99.8000 19 960 000.00 0.53 0.5600 % Hypo.bank Frankfurt 10/01.10.14 E.2415 MTN ÖPF (DE000EH1AAR8)... EUR 10 000 % 99.9750 9 997 500.00 0.27 0.7090 % HYPO-BANK BURGENLAND 00/30.11.15 (AT0000336623)... EUR 43 000 % 98.9250 42 537 750.00 1.13 0.4670 % HYPO-BANK BURGENLAND 06/27.04.15 S.P (AT0000A01245)... EUR 30 000 % 99.3030 29 790 900.00 0.79 1.0780 % IKB Deutsche Industriebank 07/23.01.17 MTN (XS0282589505)... EUR 39 900 % 91.0000 36 309 000.00 0.97 0.5590 % ING Bank 13/04.06.15 MTN (XS1000746724) 3... EUR 15 000 % 100.0360 15 005 400.00 0.40 0.5360 % ING Bank 13/06.02.15 MTN (XS0958919341)... EUR 13 000 % 100.0220 13 002 860.00 0.35 0.6020 % ING Bank 13/15.12.14 MTN (XS0876275354)... EUR 17 000 % 100.0910 17 015 470.00 0.45 0.5270 % La Banque Postale 14/14.01.16 MTN (FR0011687052)... EUR 20 000 20 000 % 99.7500 19 950 000.00 0.53 0.5190 % La Banque Postale 14/24.04.16 MTN (FR0011859131)... EUR 12 000 12 000 % 99.8030 11 976 360.00 0.32 9

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period EUR % of net assets. 0.3730 % Landesbank Baden-Württemberg 04/18.12.15 MTN (XS0185464269)... EUR 25 000 % 99.8250 24 956 250.00 0.67 0.4420 % Landesbank Saar 04/08.12.15 S.248 (DE0002842481)... EUR 35 000 % 99.9480 34 981 800.00 0.93 0.7270 % LB Baden-Württemberg 01/22.01.41 S.14 MTN (XS0122594921)... EUR 4 783 % 40.3000 1 927 549.00 0.05 0.3920 % LB Baden-Württemberg 04/07.12.15 MTN (XS0207470054)... EUR 6 750 % 100.0450 6 753 037.50 0.18 0.3700 % LB Baden-Württemberg 05/01.12.15 R.61 IHS (DE000A0BU154)... EUR 5 500 % 99.8200 5 490 100.00 0.15 0.3020 % LB Baden-Württemberg 05/15.12.15 E.265 IHS (DE000LBW3F70)... EUR 25 000 % 99.7900 24 947 500.00 0.67 0.4020 % LB Baden-Württemberg 05/27.04.15 R.63 IHS (DE000A0EPNH6)... EUR 10 000 % 99.9850 9 998 500.00 0.27 0.2790 % LBBW Dublin Management 05/30.06.15 MTN (XS0223751990)... EUR 28 000 % 99.5700 27 879 600.00 0.74 0.1490 % LfA Förderbank Bayern 07/28.09.15 R.1001 IHS (DE000LFA0018) 3... EUR 6 000 % 99.8070 5 988 420.00 0.16 0.5170 % Lloyds Bank 13/10.09.15 MTN (XS0969669547)... EUR 15 000 % 100.0610 15 009 150.00 0.40 0.6270 % Lloyds Bank 13/14.10.15 MTN (XS0982246372)... EUR 12 000 % 100.0730 12 008 760.00 0.32 0.5490 % Lloyds Bank 13/24.07.15 MTN (XS0955044184)... EUR 23 000 % 99.8000 22 954 000.00 0.61 0.5230 % Macquarie Bank 13/02.10.14 MTN (XS0975916874)... EUR 20 000 % 100.0000 20 000 000.00 0.53 0.5130 % MAN 13/02.10.14 MTN (XS0908801441)... EUR 20 000 % 99.9740 19 994 800.00 0.53 0.3120 % Münchener Hypothekenbk. 13/23.03.15 S.1630 IHS MTN (DE000MHB9213)... EUR 16 900 % 99.9500 16 891 550.00 0.45 0.4670 % Nederlandse Waterschapsbank 11/25.05.15 MTN (XS0630460433)... EUR 15 000 % 99.9500 14 992 500.00 0.40 0.0000 % Netherlands 14/29.08.14 (NL0010721809) 3 EUR 50 000 50 000 % 100.0035 50 001 750.00 1.33 0.0000 % Netherlands 14/31.7.14 (NL0010696662) 3.. EUR 65 000 65 000 % 100.0035 65 002 275.00 1.73 0.4020 % Nord/LB Covered Finance Bank 08/19.01.15 MTN PF (XS0340560720)... EUR 20 000 % 99.9050 19 981 000.00 0.53 0.3080 % Norddt. Landesbank 07/15.10.14 S.1237 ÖPF (DE000NLB24A3)... EUR 16 850 10 000 % 99.7600 16 809 560.00 0.45 0.6380 % Nordea Bank 13/12.08.16 MTN (XS0960715075)... EUR 15 000 % 99.2500 14 887 500.00 0.40 0.6170 % Nordea Bank 13/25.11.16 MTN (XS0996758701)... EUR 20 000 % 100.1470 20 029 400.00 0.53 0.5191 % Nykredit Realkredit 13/01.07.15 S.20D PF (LU0896429221)... EUR 19 852 148 % 99.9700 19 845 731.25 0.53 0.8590 % Pohjola Pankki 12/28.06.15 MTN (XS0797165700) 3... EUR 12 000 % 100.5230 12 062 760.00 0.32 0.5170 % QNB Finance 13/19.12.14 MTN (XS0945322484)... EUR 16 300 % 99.7500 16 259 250.00 0.43 0.6290 % QNB Finance 13/24.10.14 MTN (XS0918611434)... EUR 26 000 % 99.8900 25 971 400.00 0.69 0.4940 % Rabobank 09/30.10.15 MTN (XS0455699263)... EUR 6 949 % 99.0000 6 879 510.00 0.18 0.3640 % Rabobank 13/11.09.14 MTN (XS0970078704)... EUR 21 000 % 100.0220 21 004 620.00 0.56 0.6710 % Rabobank 13/18.11.16 MTN (XS0994949567) 3... EUR 20 000 % 100.1200 20 024 000.00 0.53 0.5270 % Rabobank 13/22.04.15 MTN (XS0920369799)... EUR 32 500 % 100.0620 32 520 150.00 0.87 0.5780 % Rabobank 14/15.01.16 MTN (XS1015347401)... EUR 15 000 15 000 % 99.9480 14 992 200.00 0.40 2.1390 % Santander Consumer Finance 13/05.08.14 MTN (XS0882286262)... EUR 30 000 % 99.9800 29 994 000.00 0.80 0.4880 % SBAB Bank 13/27.09.16 MTN (XS0974353244)... EUR 22 000 % 99.9360 21 985 920.00 0.59 0.6080 % Skandinaviska Enskilda Banken 13/26.08.16 MTN (XS0965124653)... EUR 24 000 % 99.8380 23 961 120.00 0.64 0.7770 % Société Générale 13/14.01.15 MTN (XS0872763841)... EUR 20 000 18 500 % 100.1510 20 030 200.00 0.53 0.5670 % Societe Generale 13/27.05.15 MTN (XS0867616459)... EUR 20 000 % 100.0575 20 011 500.00 0.53 0.6480 % Standard Chartered Bank 13/15.01.15 MTN Reg S (XS0874863201)... EUR 20 000 % 99.9670 19 993 400.00 0.53 0.7070 % Suncorp-Metway 13/05.09.15 MTN (XS0968979442)... EUR 24 000 % 99.9880 23 997 120.00 0.64 0.6770 % Swedbank 13/22.04.16 MTN (XS0920907101)... EUR 25 000 % 99.7500 24 937 500.00 0.67 0.5070 % Toyota Finance Australia 13/27.11.15 MTN (XS0998948730)... EUR 21 900 % 99.9850 21 896 715.00 0.58 10

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period EUR % of net assets Deposits in non-eu/eea currencies Japanese yen... JPY 4 184 122.00 % 100 30 223.93 0.00 U.S. dollar.... USD 3 845 092.00 % 100 2 815 720.79 0.08 Time deposit EUR deposits (HSH Nordbank AG, Hamburg).... EUR 125 000 000.00 % 100 125 000 000.00 3.33 EUR deposits (Dexia Credit Local, Paris)... EUR 258 000 000.00 % 100 258 000 000.00 6.88 EUR deposits (Deutsche Bank S.P.A., Milan).... EUR 210 000 000.00 % 100 210 000 000.00 5.60. Other assets 3 106 671.23 0.08 Interest receivable... EUR 2 361 676.35 % 100 2 361 676.35 0.06 Withholding tax claims... EUR 305 256.92 % 100 305 256.92 0.01 Other receivables... EUR 439 737.96 % 100 439 737.96 0.01 Total assets 1 3 770 102 080.65 100.55 Other liabilities -19 366 484.75-0.52 Liabilities from cost items.... EUR -18 588 031.31 % 100-18 588 031.31-0.50 Additional other liabilities.... EUR -778 453.44 % 100-778 453.44-0.02 Net assets 3 749 332 196.07 100.00 Net asset value per share and Count/ Net asset value per share number of shares outstanding currency in the respective currency Net asset value per share Class IC.... EUR 14 052.55 Class ID BA.... EUR 14 009.66 Number of shares outstanding Class IC.... Count 261 564.969 Class ID BA.... Count 5 259.000 Negligible rounding errors may have arisen due to the rounding of calculated percentages. Market abbreviations Futures exchanges OTC = Over the Counter Exchange rates (indirect quotes) As of June 30, 2014 Japanese yen... JPY 138.437390 = EUR 1 U.S. dollar.... USD 1.365580 = EUR 1 Notes on the valuation Under the responsibility of the Board of Directors of the SICAV, the Management Company determines the net asset values per share and performs the valuation of the assets of the fund. The basic provision of price data and price validation are performed in accordance with the method introduced by the Board of Directors of the SICAV on the basis of the legal and regulatory requirements or the principles for valuation methods defined in the SICAV s prospectus. If no trading prices are available, prices are determined with the aid of valuation models (derived market values) which are agreed between State Street Bank Luxembourg as external price service provider and the Management Company and which are based as far as possible on market parameters. This procedure is subject to an ongoing monitoring process. The plausibility of price information from third parties is checked through other pricing sources, model calculations or other suitable procedure. Some investments reported in this report are valued at derived market values. The management fee/all-in fee rates in effect as of the reporting date for the investment fund units held in the securities portfolio are shown in parentheses. A plus sign means that a performance-based fee may also be charged. As the fund held units of other investment funds (target funds) during the period under review, further costs, charges and fees may have been incurred at the level of these individual target funds. No initial sales charges or redemption fees were paid during the period under review. 12

DWS Institutional Money plus Footnotes 1 Does not include positions with a negative balance, if such exist. 3 These securities were completely or partly transferred under securities loans. The equivalent value of the lent securities is EUR 487,164,448.00. Transactions completed during the reporting period that no longer appear in the investment portfolio Purchases and sales of securities, investment fund units and promissory note loans (Schuldscheindarlehen); market classifications are as of the reporting date Description Count/ currency ( / 000) Purchases/ additions Sales/ disposals Description Count currency ( / 000) Purchases/ additions Sales/ disposals Securities traded on an exchange Interest-bearing securities 3.5000 % Austria 04/15.07.15 MTN 144a (AT0000386198)... EUR 5 300 5 300 3.4000 % Austria 09/20.10.14 (AT0000A0CL73).. EUR 2 200 2 200 0.6280 % Banque Fédérative Crédit Mut. 13/23.01.15 MTN (XS0879579349)... EUR 20 800 0.3370 % Bayerische Landesbank 04/22.12.15 IHS (XS0197480147)... EUR 10 000 0.4870 % Berlin 09/28.10.14 A.287 LSA (DE000A1A6MZ2)... EUR 11 000 0.7410 % BNP Paribas 11/13.05.14 MTN (XS0625786701)... EUR 14 313 0.8200 % BPCE 12/12.03.14 MTN (FR0011319235)... EUR 20 000 1.2730 % BPCE SFH 12/24.01.14 MTN PF (FR0011180488)... EUR 50 000 0.2820 % Caisse Amortism. Dette Soc. 11/17.03.14 MTN (XS0605979870)... EUR 11 000 0.9810 % Chapel 03/17.11.64 S.1 Cl.A (XS0179679328)... EUR 80 000 0.2900 % Cie. Financement Foncier 07/25.06.14 MTN PF (FR0010472357)... EUR 18 000 0.9650 % CM-CIC Home Loan 12/27.01.14 MTN PF (FR0011183177)... EUR 35 000 0.5540 % Coriolanus/CART 1 07/15.06.14 MTN (XS0309858933)... EUR 51 516 1.2670 % Danske Bank 12/13.03.14 MTN (XS0756438452)... EUR 7 500 0.4600 % DekaBank DGZ 03/14.08.15 Tr.26 IHS MTN (XS0174559665)... EUR 17 300 0.4310 % DekaBank DGZ 04/02.05.14 S.66 IHS MTN (XS0192319332)... EUR 20 000 0.4410 % DekaBank DGZ 04/11.04.14 S.61 IHS MTN (XS0190906718)... EUR 32 000 0.0000 % Dexia Crèdit Local 13/04.11.15 MTN (XS0999670135)... EUR 15 000 0.5380 % DZ BANK 12/10.02.14 E.8131 IHS (DE000DZ1JH23)... EUR 40 000 0.3520 % Erste Group Bank 07/06.02.14 MTN (XS0284761169)... EUR 14 550 0.7270 % Erste Group Bank 12/16.01.14 MTN PF (XS0730015525)... EUR 30 000 0.5270 % European Investment Bank 09/09.01.15 MTN (XS0439139998)... EUR 25 000 4.2500 % Finland 04/04.07.15 (FI0001005704)... EUR 650 650 0.0000 % France 14/19.06.14 (FR0122005640)... EUR 35 000 35 000 0.0000 % France B.T.F. 13/17.04.14 (FR0121811659)... EUR 75 000 0.0000 % France B.T.F. 13/20.02.14 (FR0121616082)... EUR 70 000 0.0000 % France B.T.F. 13/20.03.14 (FR0121811584)... EUR 110 000 0.0000 % France B.T.F. 13/30.01.14 (FR0121811600)... EUR 100 000 0.0000 % France B.T.F. 14/05.06.14 (FR0122005632)... EUR 50 000 50 000 0.0000 % France B.T.F. 14/07.05.14 (FR0122005616)... EUR 35 000 35 000 0.0000 % France B.T.F. 14/12.06.14 (FR0121811675)... EUR 65 000 65 000 0.0000 % France B.T.F. 17/10.04.14 (FR0122005590)... EUR 65 000 65 000 3.5000 % Germany 05/04.01.16 (DE0001135291). EUR 3 400 3 400 3.7500 % Germany 06/04.01.17 (DE0001135317). EUR 2 000 2 000 4.0000 % Germany 06/04.07.16 (DE0001135309). EUR 800 800 1.7500 % Germany 10/09.10.15 S.158 (DE0001141588)... EUR 2 900 2 900 2.5000 % Germany 10/27.02.15 S.156 (DE0001141562)... EUR 1 700 1 700 1.2500 % Germany 11/14.10.16 S.161 (DE0001141612)... EUR 2 400 2 400 0.7500 % Germany 12/24.02.17 S.162 (DE0001141620)... EUR 2 000 2 000 0.0000 % Germany 13/16.04.14 (DE0001119923). EUR 45 000 0.0000 % Germany 13/26.02.14 (DE0001119774). EUR 80 000 0.0000 % Germany 13/26.03.14 (DE0001119790). EUR 50 000 0.8270 % HSBC Bank 12/14.03.14 MTN (XS0755991964)... EUR 10 000 0.4400 % La Banque Postale 12/17.04.14 MTN (FR0011346741)... EUR 20 000 0.4300 % LB Baden-Württemberg 04/05.05.14 (DE000A0A3KC3)... EUR 25 000 0.4320 % LB Baden-Württemberg 04/08.12.15 S.216 IHS MTN (XS0191369650)... EUR 21 000 0.3750 % LB Baden-Württemberg 05/02.06.15 S.256 IHS MTN (XS0220426703)... EUR 5 000 0.3620 % LB Baden-Württemberg 05/21.12.15 R.313 IHS (DE000LBW4H10)... EUR 10 000 0.3420 % LB Hessen-Thüringen 04/18.02.14 S.H131 IHS MTN (XS0186508353)... EUR 19 000 1.1270 % Münchener Hypothekenbk. 12/10.01.14 S.1522 IHS MTN (DE000MHB8363)... EUR 30 000 0.2240 % Nationwide Building Society 12/20.01.14 MTN (XS0806459375)... EUR 30 000 0.7500 % Netherlands 12/15.04.15 (NL0010055703)... EUR 2 900 2 900 0.0000 % Netherlands 13/15.04.16 (NL0010364139)... EUR 3 550 0.0000 % Netherlands 13/28.02.14 (NL0010556601)... EUR 75 000 0.0000 % Netherlands 13/29.04.14 (NL0010605150)... EUR 65 000 65 000 0.0000 % Netherlands 13/30.05.14 (NL0010610283)... EUR 50 000 50 000 0.0000 % Netherlands 13/31.01.14 (NL0010511028)... EUR 110 000 0.5790 % Norddt. Landesbank 04/05.04.14 IHS MTN (XS0190687144)... EUR 50 000 0.6270 % Nordrhein-Westfalen 12/11.01.16 MTN LSA (DE000NRW0D02)... EUR 10 000 10 000 0.5270 % NRW.BANK 12/10.04.15 A.14Y IHS (DE000NWB14Y1)... EUR 30 000 0.8770 % Pohjola Pankki 12/13.01.14 MTN (XS0729075076)... EUR 30 500 0.3020 % Standard Chartered Bank 12/22.04.14 MTN (XS0845405108)... EUR 20 000 0.7770 % Svenska Handelsbanken 12/13.01.14 MTN (XS0729071919)... EUR 30 000 0.6370 % Vodafone Group 07/06.06.14 MTN (XS0304458564)... EUR 9 307 0.5380 % Volkswagen Financial Services 12/28.05.14 MTN (XS0858154312)... EUR 25 000 0.5610 % Volkswagen Int. Finance 12/10.04.14 MTN (XS0839485314)... EUR 10 000 0.2940 % WL BANK 12/25.03.14 R.257 IHS MTN (DE000A1REV11)... EUR 15 000 13

DWS Institutional Money plus Derivatives (option premiums realized in opening transactions, or total options transactions; in the case of warrants, purchases and sales are shown) Futures contracts Currency futures Value ( 000) Futures contracts to purchase currencies USD/EUR EUR 422 107 Futures contracts to sell currencies USD/EUR EUR 709 479 Swaps (total amount of opening transactions) Credit default swaps Protection seller EUR 20 000 (Underlyings: Santander Int. Debt / 25 BP (BNP) 20.06.14 SELL) Securities loans (total transactions, at the value agreed at the closing of the loan contract) Value ( 000) Perpetual EUR 2 754 796 Security description: 0.6760 % Bank of Montreal 13/04.11.16 MTN (XS0989165716), 0.6270 % Banque Fédérative Crédit Mut. 13/22.07.15 MTN (XS0953526695), 0.6280 % Banque Fédérative Crédit Mut. 13/23.01.15 MTN (XS0879579349), 0.3370 % Bayerische Landesbank 04/22.12.15 IHS (XS0197480147), 0.4870 % Berlin 09/28.10.14 A.287 LSA (DE000A1A6MZ2), 0.5170 % BMW Finance 13/22.10.15 MTN (XS0984182294), 0.4960 % BMW Finance 13/29.05.15 MTN (XS0937999414), 0.7410 % BNP Paribas 11/13.05.14 MTN (XS0625786701), 0.6860 % BNP Paribas 12/03.12.14 MTN (XS0859873050), 0.5630 % BNP Paribas 13/03.04.15 MTN (XS0910936003), 0.6360 % BNP Paribas 13/13.11.15 MTN (XS0993219970), 0.7570 % BPCE 12/05.12.14 MTN (FR0011365196), 0.5670 % BPCE 13/10.03.15 MTN (FR0011564541), 0.7780 % BPCE 13/16.01.15 MTN (FR0011390970), 0.7580 % BPCE 13/23.10.15 MTN (FR0011603422), 0.5870 % BPCE 13/27.11.14 MTN (FR0011505940), 0.2900 % Cie. Financement Foncier 07/25.06.14 MTN PF (FR0010472357), 0.4090 % Cie. Financement Foncier 13/28.03.15 MTN PF (FR0011458843), 0.9650 % CM-CIC Home Loan 12/27.01.14 MTN PF (FR0011183177), 0.4770 % Commonwealth Bank Australia 13/14.01.16 MTN (XS1014678996), 0.7280 % Crédit Agricole (London Br.) 13/16.10.15 MTN (FR0011600006), 0.6970 % Crédit Agricole (London Br.) 13/28.08.15 MTN (XS0966074741), 0.7070 % Crédit Agricole (London Br.) 14/28.01.16 MTN (XS1023317966), 0.4600 % DekaBank DGZ 03/14.08.15 Tr.26 IHS MTN (XS0174559665), 0.4310 % DekaBank DGZ 04/02.05.14 S.66 IHS MTN (XS0192319332), 0.4410 % DekaBank DGZ 04/11.04.14 S.61 IHS MTN (XS0190906718), 0.4330 % DekaBank DGZ 04/15.12.15 (DE000DK3YWR4), 0.5130 % Deutsche Hypothekenbank 09/02.10.14 S.208 MTN ÖPF (DE000DHY2089), 0.3480 % Deutsche Hypothekenbank 12/20.11.14 HPF S.378 MTN (DE000DHY3780), 0.3540 % Deutsche Pfandbriefbank 05/29.07.15 S.981 MTN ÖPF (DE000A0E9LD2), 0.6880 % DNB Boligkreditt 11/10.02.16 MTN PF (XS0589651388), 0.5500 % Dt. Apothek. u. Ärztebk. 13/02.09.15 MTN (XS0967767996), 0.5470 % DZ BANK 12/01.08.14 S.C13 IHS MTN (DE000DZ9VAF1), 0.5380 % DZ BANK 12/10.02.14 E.8131 IHS (DE000DZ1JH23), 0.3520 % Erste Group Bank 07/06.02.14 MTN (XS0284761169), 0.7270 % Erste Group Bank 12/16.01.14 MTN PF (XS0730015525), 0.5270 % European Investment Bank 09/09.01.15 MTN (XS0439139998), 0.0000 % France 14/19.06.14 (FR0122005640), 0.0000 % France B.T.F. 13/17.04.14 (FR0121811659), 0.0000 % France B.T.F. 13/20.02.14 (FR0121616082), 0.0000 % France B.T.F. 13/20.03.14 (FR0121811584), Securities loans (total transactions, at the value agreed at the closing of the loan contract) Value ( 000) 0.0000 % France B.T.F. 13/30.01.14 (FR0121811600), 0.0000 % France B.T.F. 14/05.06.14 (FR0122005632), 0.0000 % France B.T.F. 14/07.05.14 (FR0122005616), 0.0000 % France B.T.F. 14/12.06.14 (FR0121811675), 0.0000 % France B.T.F. 17/10.04.14 (FR0122005590), 0.0000 % Germany 13/16.04.14 (DE0001119923), 0.0000 % Germany 13/26.02.14 (DE0001119774), 0.0000 % Germany 13/26.03.14 (DE0001119790), 0.8270 % HSBC Bank 12/14.03.14 MTN (XS0755991964), 0.4880 % HSBC Bank 13/21.05.15 MTN (XS0934338822), 0.3980 % HSH Nordbank 03/16.04.15 MTN S.314 Tr.1 (XS0166807536), 0.4080 % HSH Nordbank 04/21.11.14 E.10066 IHS (DE000HSH0EM9), 0.5600 % Hypobank Frankfurt 10/01.10.14 E.2415 MTN ÖPF (DE000EH1AAR8), 1.0780 % IKB Deutsche Industriebank 07/23.01.17 MTN (XS0282589505), 0.5590 % ING Bank 13/04.06.15 MTN (XS1000746724), 0.3730 % Landesbank Baden- Württemberg 04/18.12.15 MTN (XS0185464269), 0.4300 % LB Baden-Württemberg 04/05.05.14 (DE000A0A3KC3), 0.4320 % LB Baden-Württemberg 04/08.12.15 S.216 IHS MTN (XS0191369650), 0.3020 % LB Baden-Württemberg 05/15.12.15 E.265 IHS (DE000LBW3F70), 0.3420 % LB Hessen-Thüringen 04/18.02.14 S.H131 IHS MTN (XS0186508353), 0.6270 % Lloyds Bank 13/14.10.15 MTN (XS0982246372), 0.5490 % Lloyds Bank 13/24.07.15 MTN (XS0955044184), 0.2240 % Nationwide Building Society 12/20.01.14 MTN (XS0806459375), 0.4670 % Nederlandse Waterschapsbank 11/25.05.15 MTN (XS0630460433), 0.0000 % Netherlands 13/28.02.14 (NL0010556601), 0.0000 % Netherlands 13/29.04.14 (NL0010605150), 0.0000 % Netherlands 13/30.05.14 (NL0010610283), 0.0000 % Netherlands 13/31.01.14 (NL0010511028), 0.3080 % Norddt. Landesbank 07/15.10.14 S.1237 ÖPF (DE000NLB24A3), 0.6380 % Nordea Bank 13/12.08.16 MTN (XS0960715075), 0.6170 % Nordea Bank 13/25.11.16 MTN (XS0996758701), 0.6270 % Nordrhein- Westfalen 12/11.01.16 MTN LSA (DE000NRW0D02), 0.5270 % NRW.BANK 12/10.04.15 A.14Y IHS (DE000NWB14Y1), 0.8770 % Pohjola Pankki 12/13.01.14 MTN (XS0729075076), 0.3640 % Rabobank 13/11.09.14 MTN (XS0970078704), 0.6710 % Rabobank 13/18.11.16 MTN (XS0994949567), 0.5270 % Rabobank 13/22.04.15 MTN (XS0920369799), 0.7770 % Société Générale 13/14.01.15 MTN (XS0872763841), 0.5670 % Societe Generale 13/27.05.15 MTN (XS0867616459), 0.3020 % Standard Chartered Bank 12/22.04.14 MTN (XS0845405108), 0.7770 % Svenska Handelsbanken 12/13.01.14 MTN (XS0729071919), 0.6770 % Swedbank 13/22.04.16 MTN (XS0920907101), 0.5380 % Volkswagen Financial Services 12/28.05.14 MTN (XS0858154312), 0.5610 % Volkswagen Int. Finance 12/10.04.14 MTN (XS0839485314), 0.6070 % Volkswagen Leasing 13/28.05.15 MTN (XS0934153452), 0.4770 % Westpac Banking 14/21.01.16 MTN (XS1016625193), 0.9276 % Royal Bank of Scotland 06/11.04.16 MTN (XS0250214797) Securities repurchase agreements (total transactions, at the value agreed at the closing of the repurchase agreements) Value ( 000) Purchased under repurchase agreements EUR 1 647 006 (Underlyings: Berlin 04/15.09.14 A.190 LSA, Berlin 09/13.02.14 A.264 LSA, Berlin 12/18.01.17 A.367 LSA, Brandenburg 05/26.01.15 LSA, European Investment Bank 04/15.04.20 MTN, European Investment Bank 09/09.01.15 MTN, European Investment Bank 09/15.04.14 MTN, European Investment Bank 09/15.04.16 MTN, European Investment Bank 10/15.03.16 MTN, European Investment Bank 10/15.04.30 MTN, European Investment Bank 10/15.07.15 MTN, European Investment Bank 11/15.01.14 MTN, European Investment Bank 12/04.01.22 MTN, European Investment Bank 12/14.10.22 MTN, European Investment Bank 12/15.01.15 MTN, European Investment Bank 12/15.01.19 MTN, European Investment Bank 12/15.04.27 MTN, European Investment Bank 12/15.09.16 MTN, European Investment Bank 12/15.09.25 MTN, European Investment Bank 13/14.04.23 MTN, European Investment Bank 13/15.01.21 MTN, European Investment Bank 13/15.07.20 MTN, European Investment Bank 13/15.11.19, Eurpoean Investment Bank 11/15.07.16 MTN, 14

DWS Institutional Money plus Securities repurchase agreements (total transactions, at the value agreed at the closing of the repurchase agreements) Value ( 000) Finland 04/04.07.15, Finland 08/04.07.19, Finland 09/04.07.25, Finland 09/15.09.14, Finland 10/15.04.16, Finland 10/15.04.20, Finland 11/15.04.17, Finland 11/15.04.21, Finland 12/15.09.22, Finland 13/15.04.23 MTN, Finland 1 3/15.09.18, Germany 00/04.01.30, Germany 00/04.01.31, Germany 00/04.01.31 Coupons, Germany 00/04.07.31 Coupons, Germany 03/04.07.30 Coupons, Germany 04/04.01.15, Germany 05/04.01.16, Germany 05/04.01.32 Coupons, Germany 05/04.01.33 Coupons, Germany 05/04.07.15, Germany 06/04.01.17, Germany 06/04.07.16, Germany 06/15.04.16 INFL, Germany 07/04.01.18, Germany 08/04.07.18, Germany 09/04.07.19, Germany 09/15.04.20 INFL, Germany 10/04.01.21, Germany 10/04.07.20, Germany 10/04.09.20, Germany 10/09.10.15 S.158, Germany 10/27.02.15 S.156, Germany 11/08.04.16 S.160, Germany 11/14.10.16 S.161, Germany 11/15.04.18 INFL, Germany 12/13.10.17 S.164, Germany 12/15.04.23 INFL, Germany 12/24.02.17 S.162, Germany 13/11.12.15, Germany 13/12.06.15 BSA, Germany 13/12.10.18 S.167, Germany 13/13.03.15, Germany 13/15.02.23, Germany 13/15.08.23, Germany 97/04.01.18 Coupons, Germany 97/04.01.22 Coupons, Germany 97/04.07.17 Coupons, Germany 97/04.07.18 Coupons, Germany 98/04.01.26 Coupons, Hessen 03/10.03.15 S.2 LSA, Hessen 04/05.01.15 S.4 LSA, Hessen 05/25.01.17 S.1 LSA, Hessen 10/16.06.15 LSA, Hessen 12/10.02.17 S.2 LSA, KfW 04/04.07.14, KfW 05/04.07.15, KfW 06/04.07.21, KfW 07/04.01.23, KfW 07/04.07.17, KfW 10/04.08.14 MTN, KfW 10/10.04.15, KfW 10/16.11.15, KfW 10/21.09.17, KfW 11/07.09.16, KfW 11/08.04.16 IHS, KfW 11/15.06.18, KfW 11/16.08.19 Reg S, KfW 11/18.01.21, KfW 12/13.10.17, KfW 12/17.10.19, KfW 12/20.03.19 MTN, KfW 12/21.02.17, KfW 12/29.05.15, KfW 13/15.01.20, KfW 13/15.08.23, KfW 13/15.12.15 MTN, KfW 13/16.10.18, KfW 13/25.06.18, KfW 98/22.01.18 R.213 IHS, L-Bank B-W Förderbank 06/04.07.16 S.5165 MTN, L-Bank B-W Förderbank 10/04.08.15 S.5282 MTN, L-Bank B-W-Förderbank 11/25.08.14 S.5327 MTN, Landwirtsch. Rentenbank 07/27.11.17 S.893 MTN, Landwirtsch. Rentenbank 10/15.06.15 S.1013 MTN, Landwirtsch. Rentenbank 13/05.09.16 S.1085 MTN, Luxembourg 01/18.05.20, Luxembourg 13/10.07.23, Netherlands 04/15.07.14, Netherlands 05/15.01.29 Coupons, Netherlands 05/15.01.30 Coupons, Netherlands 05/15.01.31 Coupons, Netherlands 05/15.01.32 Coupons, Netherlands 06/15.07.16, Netherlands 07/15.07.17, Netherlands 08/15.07.18, Netherlands 09/15.01.15, Netherlands 09/15.07.19, Netherlands 11/15.01.17, Netherlands 11/15.07.21, Netherlands 12/15.01.18, Netherlands 12/15.01.33, Netherlands 12/15.07.22, Netherlands 13/15.04.16, Netherlands 13/15.07.23, Netherlands 15.01.21 Coupons, Netherlands 15.01.25 Coupons, Netherlands 92/15.01.22 Strip S.JA23, Netherlands 98/15.01.27 Coupons, Niedersachsen 11/18.10.18 A.213 LSA, Nordrhein-Westfalen 05/16.11.15 LSA R.700, Nordrhein-Westfalen 07/14.02.14 LSA R.776, Nordrhein-Westfalen 07/15.02.18 LSA R.819, Nordrhein-Westfalen 07/29.04.22 R.790 LSA, Nordrhein- Westfalen 10/15.12.14 R.1025 LSA, Nordrhein-Westfalen 11/15.05.14, Nordrhein-Westfalen 12/04.12.17 R.1225 LSA, Nordrhein-Westfalen 12/11.01.16 MTN LSA, Nordrhein- Westfalen 13/14.01.21 R.1229 LSA, Rheinland-Pfalz 04/14.04.14 LSA) 15

DWS Institutional USD Money plus Investment portfolio June 30, 2014 Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period USD % of net assets Securities traded on an exchange 111 928 584.46 40.67 Interest-bearing securities 0.6070 % ABN AMRO Bank 13/14.01.15 MTN (XS0873330947)... EUR 3 000 3 000 % 100.0620 4 099 279.98 1.49 0.6180 % Banque Fédérative Credit Mut. 13/26.08.15 MTN (XS0965069452)... EUR 3 000 3 000 % 100.0780 4 099 935.46 1.49 0.5490 % Bayer 14/24.01.16 MTN (XS1023268060)... EUR 1 050 1 050 % 100.1000 1 435 292.86 0.52 4.0000 % BMW Finance 09/17.09.14 MTN (XS0451689565)... EUR 3 188 3 188 % 100.7820 4 387 513.17 1.59 0.5870 % BPCE 13/27.11.14 MTN (FR0011505940)... EUR 3 000 3 000 % 100.0390 4 098 337.73 1.49 0.7270 % Crédit Agricole (London Br.) 12/14.01.15 MTN (XS0864870398)... EUR 2 300 2 300 % 100.1440 3 145 356.80 1.14 0.5480 % Credit Suisse (London Branch) 14/24.02.15 MTN (XS1038608656)... EUR 3 000 3 000 % 100.0720 4 099 689.65 1.49 0.5870 % HSBC France 14/27.01.16 MTN (FR0011707710)... EUR 2 500 2 500 % 100.0640 3 416 134.93 1.24 3.8750 % KBC Ifima 10/31.03.15 MTN (XS0498962124)... EUR 3 000 3 000 % 102.6025 4 203 357.66 1.53 0.8590 % Pohjola Pankki 12/28.06.15 MTN (XS0797165700)... EUR 3 000 3 000 % 100.5230 4 118 165.95 1.50 0.5170 % QNB Finance 13/19.12.14 MTN (XS0945322484)... EUR 1 600 % 99.7500 2 179 465.68 0.79 0.5710 % Volkswagen Leasing 13/19.02.15 MTN (XS0963311427)... EUR 3 000 3 000 % 100.0250 4 097 764.19 1.49 0.8404 % A.N.Z. Banking Group 12/06.10.15 MTN Reg S PF (US05252FAC41)... USD 3 000 3 000 % 100.5720 3 017 160.00 1.10 1.1294 % ANZ New Zealand (Int.) 08/28.05.15 MTN (XS0366071909)... USD 3 000 % 100.5780 3 017 340.00 1.10 5.2000 % Barclays Bank 09/10.07.14 (US06739FFZ99)... USD 3 000 % 100.0910 3 002 730.00 1.09 0.6250 % Bayerische Landesbank 12/23.10.14 PF (XS0846394277)... USD 5 000 5 000 % 100.0910 5 004 550.00 1.82 0.4585 % BP Capital Markets 13/07.05.15 (US05565QCL05)... USD 2 500 % 99.5600 2 489 000.00 0.90 0.4572 % Caisse des Dépôts et Consignations 09/25.11.14 MTN (FR0010826537)... USD 3 000 % 100.0890 3 002 670.00 1.09 0.4006 % Caisse des Depots et Consignations 13/16.12.15 MTN (FR0011659267)... USD 3 000 3 000 % 100.0725 3 002 175.00 1.09 1.8750 % Daimler Finance North America 11/15.09.14 Reg S (USU2339CAQ16)... USD 3 500 3 500 % 100.2920 3 510 220.00 1.28 0.5241 % Dexia Crédit Local (NY Br.) 13/13.11.15 MTN Reg S (US25215DAC39).. USD 3 000 3 000 % 100.1580 3 004 740.00 1.09 0.5265 % Erste Abwicklungsanstalt 12/15.10.14 MTN (XS0842077561)... USD 3 000 % 99.9140 2 997 420.00 1.09 0.3434 % Erste Abwicklungsanstalt 14/11.02.16 MTN (XS1030992348)... USD 3 000 3 000 % 100.0600 3 001 800.00 1.09 0.4571 % General Electric Capital 14/14.01.16 MTN (US36962G7E87)... USD 1 500 1 500 % 99.3000 1 489 500.00 0.54 0.4121 % HSH Nordbank 05/17.03.15 IHS (DE000HSH0G91)... USD 5 000 % 98.3000 4 915 000.00 1.79 0.5754 % Inter-American Investment 12/16.11.15 MTN (XS0854680906)... USD 2 000 % 100.2790 2 005 580.00 0.73 1.2273 % Nederlandse Financierings-Maat 12/02.03.15 MTN (XS0750211947)... USD 3 000 % 100.5380 3 016 140.00 1.10 0.2903 % Nederlandse Waterschapsbank 13/12.06.15 MTN Reg S (XS1004111644)... USD 4 000 % 100.0325 4 001 300.00 1.45 0.6774 % Nordrhein-Westfalen 10/03.09.14 R.1061 MTN LSA (DE000NRW0AR0)... USD 3 800 % 100.0775 3 802 945.00 1.38 2.9341 % Regal/DB Bank Capital 99/30.06.14 MTN S.17 (XS0095395819)... USD 8 500 % 95.2722 8 098 140.40 2.94 0.9306 % Royal Bank of Scotland 05/09.03.15 (XS0213858243)... USD 2 200 % 97.8000 2 151 600.00 0.78 0.8229 % Swedbank Hypotek 12/03.08.15 MTN PF (XS0811468619)... USD 4 000 % 100.4570 4 018 280.00 1.46 Securities admitted to or included in organized markets 65 853 802.15 23.93 Interest-bearing securities 0.4806 % Bank of Montreal 13/24.09.15 (US06367VHK44)... USD 3 000 % 100.0470 3 001 410.00 1.09 3.9000 % Barclays Bank 10/07.04.15 (US06739GBB41)... USD 3 000 3 000 % 102.5605 3 076 815.00 1.12 3.2500 % BNP Paribas/US MTN Program 10/11.03.15 MTN (US05567LG684).................. USD 3 000 3 000 % 101.9200 3 057 600.00 1.11 16

DWS Institutional USD Money plus Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period USD % of net assets 2.9810 % BNP Paribas/US MTN Program 11/20.12.14 MTN (US05567L3Q81)... USD 3 000 % 101.1140 3 033 420.00 1.10 1.4788 % BPCE 13/25.04.16 MTN (US05578DAA00).. USD 3 000 3 000 % 101.3770 3 041 310.00 1.11 0.5066 % Caisse ce. Desjardins Quebec 13/29.10.15 MTN Reg S (US50248XAA28).. USD 2 000 % 100.1390 2 002 780.00 0.73 1.3865 % Crédit Agricole (London Br.) 13/17.04.16 MTN Reg S (US22532MAG78). USD 3 000 3 000 % 101.3059 3 039 177.00 1.10 0.9779 % Crédit Agricole Home Loan SFH 11/21.07.14 144a PF (US22533LAB99)... USD 4 000 % 100.0350 4 001 400.00 1.45 0.8294 % Daimler Finance North America 13/09.01.15 Reg S (USU2339CBA54)... USD 3 000 % 100.2660 3 007 980.00 1.09 0.6094 % General Electric Capital 13/09.01.15 MTN (US36962G6T65).................. USD 3 000 % 100.0600 3 001 800.00 1.09 1.8726 % ING Bank 12/25.09.15 Reg S (USN45780CS54)... USD 3 000 3 000 % 101.7050 3 051 150.00 1.11 1.1806 % ING Bank 13/07.03.16 MTN (USN528AHAA40)... USD 3 000 3 000 % 100.9691 3 029 073.00 1.10 0.6759 % JPMorgan Chase 13/23.04.15 MTN (US46623EJX85)... USD 4 000 4 000 % 100.1240 4 004 960.00 1.46 1.3529 % Nat. Australia Bank (NY Br.) 12/07.08.15 MTN (US63254AAD00)... USD 2 000 2 000 % 101.2109 2 024 218.00 0.74 0.5279 % National Australia Bank 13/22.01.15 MTN 144a (US63253WAC55)... USD 3 000 % 100.1130 3 003 390.00 1.09 0.6841 % Nordea Bank 14/13.05.16 MTN 144a (US65557FAF36)... USD 3 095 3 095 % 100.4770 3 109 763.15 1.13 0.7106 % Rabobank 13/18.03.16 MTN (US74977EPY31)... USD 3 000 % 100.4650 3 013 950.00 1.10 0.9249 % Royal Bank of Canada 11/30.10.14 MTN (US78008TXB50).................. USD 3 000 % 100.2290 3 006 870.00 1.09 0.6796 % Svenska Handelsbanken 13/21.03.16 MTN (US86960BAD47)... USD 3 000 % 100.1390 3 004 170.00 1.09 0.3796 % Toyota Motor Credit 13/08.04.15 MTN (US89236TAG04)... USD 2 800 2 800 % 100.0620 2 801 736.00 1.02 1.0264 % Westpac Banking 12/17.07.15 MTN 144a PF (US96122WAC47).......... USD 2 500 2 500 % 100.6912 2 517 280.00 0.91 0.9926 % Westpac Banking 12/25.09.15 (US961214BX05)... USD 3 000 % 100.7850 3 023 550.00 1.10 Unlisted securities 35 983 953.00 13.07 Interest-bearing securities 0.0000 % ABN AMRO Bank 05.11.14 (XS0991758003). USD 3 000 3 000 % 99.9054 2 997 162.00 1.09 0.0000 % Allianz 24.10.14 Tr.1467 (XS1049802876)... USD 4 000 4 000 % 99.9433 3 997 732.00 1.45 0.0000 % Belfius Financing 04.09.14 (XS1075268976). USD 3 000 3 000 % 99.9618 2 998 854.00 1.09 0.0000 % BNP Paribas 10.11.14 (FR0121900767)..... USD 4 000 4 000 % 99.8998 3 995 992.00 1.45 0.0000 % Fonterra Co-Operative Group 29.08.14 (XS1040402502)... USD 5 000 5 000 % 99.9686 4 998 430.00 1.82 0.0000 % Intesa Sanpaolo Bank Ireland 04.09.14 (XS1075318581)... USD 3 000 3 000 % 99.9512 2 998 536.00 1.09 0.0000 % Mizuho Bank (London Branch) 24.07.14 CD (XS1062067910)... USD 4 000 4 000 % 99.9912 3 999 648.00 1.45 0.0000 % Pohjola Bank 07.11.14 (XS1076701223)... USD 3 000 3 000 % 99.9032 2 997 096.00 1.09 0.0000 % Standard Chartered Bank 26.11.14 (XS0999595845)... USD 3 000 3 000 % 99.8809 2 996 427.00 1.09 0.4474 % Volkswagen Group America Finance 14/23.05.16 Reg S (XS1070082687)... USD 4 000 4 000 % 100.1019 4 004 076.00 1.45 Total securities portfolio 213 766 339.61 77.67 Derivatives Minus signs denote short positions Currency derivatives 268 041.54 0.10 Currency futures (short) Open positions EUR/USD 31.90 million... 268 041.54 0.10 17

DWS Institutional USD Money plus Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period USD % of net assets Cash at bank 61 348 930.21 22.29 Demand deposits at Custodian USD deposits... USD 61 289 346.16 % 100 61 289 346.16 22.27 Deposits in EU/EEA currencies.... USD 59 584.05 % 100 59 584.05 0.02. Other assets 485 170.58 0.18 Interest receivable... USD 485 170.58 % 100 485 170.58 0.18 Total assets 1 275 868 481.94 100.23 Other liabilities -646 583.73-0.24 Liabilities from cost items.... USD -639 811.64 % 100-639 811.64-0.23 Additional other liabilities.... USD -6 772.09 % 100-6 772.09 0.00 Net assets 275 221 898.21 100.00 Net asset value per share 12 428.94 Number of shares outstanding 22 143.639 Negligible rounding errors may have arisen due to the rounding of calculated percentages. Exchange rates (indirect quotes) As of June 30, 2014 Euro... EUR 0.732290 = USD 1 Notes on the valuation Under the responsibility of the Board of Directors of the SICAV, the Management Company determines the net asset values per share and performs the valuation of the assets of the fund. The basic provision of price data and price validation are performed in accordance with the method introduced by the Board of Directors of the SICAV on the basis of the legal and regulatory requirements or the principles for valuation methods defined in the SICAV s prospectus. If no trading prices are available, prices are determined with the aid of valuation models (derived market values) which are agreed between State Street Bank Luxembourg as external price service provider and the Management Company and which are based as far as possible on market parameters. This procedure is subject to an ongoing monitoring process. The plausibility of price information from third parties is checked through other pricing sources, model calculations or other suitable procedure. Investments reported in this report are valued to a small extent at derived market values. Footnotes 1 Does not include positions with a negative balance, if such exist. Transactions completed during the reporting period that no longer appear in the investment portfolio Purchases and sales of securities, investment fund units and promissory note loans (Schuldscheindarlehen); market classifications are as of the reporting date Description Count/ currency ( / 000) Purchases/ additions Sales/ disposals Description Count/ currency ( / 000) Purchases/ additions Sales/ disposals Securities traded on an exchange Interest-bearing securities 0.9810 % Chapel 03/17.11.64 S.1 Cl.A (XS0179679328).... EUR 3 000 0.2240 % Nationwide Building Society 12/20.01.14 MTN (XS0806459375)... EUR 3 000 0.8170 % Volkswagen Bank 11/19.05.14 MTN (XS0626091507)... EUR 2 000 2 000 0.3679 % Caisse Amortism. Dette Soc. 11/18.03.14 MTN (FR0011023126)... USD 3 000 0.9812 % Cie. Financement Foncier 11/17.04.14 MTN Reg S PF (XS0619510836).... USD 3 500 1.2917 % Danske Bank 11/14.04.14 MTN Reg S (US23636BAC37).... USD 2 440 1.0385 % Deutsche Bank 04/17.02.15 MTN (XS0198456054)... USD 5 000 0.6420 % European Investment Bank 12/03.02.14 MTN Reg S (XS0739781903).... USD 5 000 1.0436 % HSBC Bank 11/17.01.14 Reg S (USG4639DWA91).... USD 3 000 18

DWS Institutional USD Money plus Description Count/ currency ( / 000) Purchases/ additions Sales/ disposals Description Count/ currency ( / 000) Purchases/ additions Sales/ disposals 0.5376 % L-Bank B-W Förderbank 12/02.05.14 S.5359 IHS MTN (XS0777538009)... USD 4 000 0.5209 % LB Baden-Württemberg 12/10.03.14 S.743 MTN PF (DE000LB0PL65)... USD 5 000 2.5884 % Lloyds Bank 11/24.01.14 (US539473AK43)... USD 2 000 1.1436 % Nordea Bank 11/14.01.14 MTN (US65557DAD30)... USD 2 000 0.7391 % Oesterreichische Kontrollbank 12/21.02.14 MTN (XS0747563525)... USD 5 000 0.4929 % Rabobank 12/04.04.14 MTN (XS0839443404)... USD 5 000 1.6644 % Société Générale SCF 09/19.03.14 MTN ÖPF (FR0010753103)... USD 5 000 0.6969 % Swedbank Hypotek 11/28.03.14 MTN 144a PF (US87020LAB27)... USD 5 000 4.1500 % Vodafone Group 09/10.06.14 (US92857WAT71)... USD 3 217 Securities admitted to or included in organized markets Interest-bearing securities 2.0059 % ABN AMRO Bank 11/30.01.14 MTN Reg S (XS0588430164)... USD 3 000 1.2836 % Barclays Bank 11/13.01.14 (US06740P3N46)... USD 4 000 1.1436 % BNP Paribas 11/10.01.14 MTN (US05567LS572)... USD 6 000 1.9877 % BPCE 11/07.02.14 Reg S (USF11494AJ45)... USD 3 000 1.2377 % Goldman Sachs Group 11/07.02.14 (US38143USB88)... USD 3 000 1.6351 % ING Bank 11/09.06.14 Reg S (USN4578BPZ14)... USD 4 000 2.6376 % Intesa Sanpaolo 11/24.02.14 MTN 144a (US46115HAC16)... USD 3 000 3 000 1.0384 % JPMorgan Chase 11/24.01.14 MTN (US46623EJF79)... USD 3 000 2.1250 % Nordea Bank 11/14.01.14 MTN Reg S (US65557DAC56)... USD 3 500 1.2917 % Société Générale 11/11.04.14 MTN Reg S (US83368TAB44)... USD 3 000 Unlisted securities Interest-bearing securities 0.0000 % Allianz 27.06.14 (XS0975865865)... USD 4 000 1.6921 % Crédit Agricole (London Br.) 11/21.01.14 MTN Reg S (US22532MAE21)... USD 3 000 0.0000 % Fonterra Co-Operative Group 28.02.14 (XS0968597244)... USD 5 000 0.0000 % Münchener Hypothekenbk. 04.03.14 (DE000MHB4MC7)... USD 4 000 0.0000 % Pohjola Pankki 31.01.14 (XS0957220758)... USD 3 000 Derivatives (option premiums realized in opening transactions, or total options transactions; in the case of warrants, purchases and sales are shown) Futures contracts Currency futures Value ( 000) Futures contracts to sell currencies EUR/USD USD 46 739 19

Liquidation report DWS Institutional Euro Short Duration Sovereign Fund (AAA) Investment portfolio April 25, 2014 Count/ Quantity/ Purchases/ Sales/ Total market Description currency principal additions disposals Market price value in ( / 000) amount in the reporting period EUR % of net assets Securities traded on an exchange 32 369 638.00 98.63 Interest-bearing securities 3.5000 % Austria 04/15.07.15 MTN 144a (AT0000386198)... EUR 5 300 % 103.9950 5 511 735.00 16.79 3.4000 % Austria 09/20.10.14 (AT0000A0CL73)... EUR 2 200 % 101.5300 2 233 660.00 6.81 4.2500 % Finland 04/04.07.15 (FI0001005704)... EUR 650 % 104.7775 681 053.75 2.08 3.1250 % Finland 09/15.09.14 (FI0001006462)... EUR 850 % 101.1100 859 435.00 2.62 3.5000 % Germany 05/04.01.16 (DE0001135291)... EUR 3 400 % 105.6170 3 590 978.00 10.94 3.7500 % Germany 06/04.01.17 (DE0001135317)... EUR 2 000 2 000 % 109.4460 2 188 920.00 6.67 4.0000 % Germany 06/04.07.16 (DE0001135309)... EUR 800 800 % 108.3000 866 400.00 2.64 1.7500 % Germany 10/09.10.15 S.158 (DE0001141588)... EUR 2 900 % 102.2950 2 966 555.00 9.04 2.5000 % Germany 10/27.02.15 S.156 (DE0001141562)... EUR 1 700 % 101.9390 1 732 963.00 5.28 1.2500 % Germany 11/14.10.16 S.161 (DE0001141612)... EUR 2 400 1 000 400 % 102.5680 2 461 632.00 7.50 0.0000 % Germany 12/19.09.14 BSA (DE0001137396). EUR 800 % 99.9450 799 560.00 2.44 0.7500 % Germany 12/24.02.17 S.162 (DE0001141620)... EUR 2 000 2 000 % 101.4620 2 029 240.00 6.18 0.7500 % Netherlands 12/15.04.15 (NL0010055703).. EUR 2 900 % 100.5475 2 915 877.50 8.88 0.0000 % Netherlands 13/15.04.16 (NL0010364139).. EUR 3 550 % 99.4825 3 531 628.75 10.76 Total securities portfolio 32 369 638.00 98.63 Cash at bank 89 900.59 0.27 Demand deposits at Custodian EUR deposits... EUR 89 900.59 % 100 89 900.59 0.27 Other assets 361 010.52 1.10 Interest receivable... EUR 361 010.52 % 100 361 010.52 1.10 Total assets 1 32 820 549.11 100.00 Net assets 32 820 549.11 100.00 Net asset value per share 92.78 Number of shares outstanding 353 763.388 Negligible rounding errors may have arisen due to the rounding of calculated percentages. Composition of the reference portfolio (according to CSSF circular 11/512) Merrill - EMU Direct Governments AAA-AA Rated 1-3 Yrs Index Market risk exposure (value-at-risk) (according to CSSF circular 11/512) Lowest market risk exposure... % 82.481 Highest market risk exposure... % 111.747 Average market risk exposure... % 93.088 The values-at-risk were calculated for the period from January 1, 2014, through April 25, 2014, using historical simulation with a 99% confidence level, a 10-day holding period and an effective historical observation period of one year. The risk in a reference portfolio that does not contain derivatives is used as the measurement benchmark. Market risk is the risk to the fund s assets arising from an unfavorable change in market prices. The Company determines the potential market risk by means of the relative value-at-risk approach as defined in CSSF circular 11/512. In the reporting period, the average leverage effect from the use of derivatives was 0.3, whereby the total of the nominal amounts of the derivates in relation to the fund s assets was used for the calculation (sum of notional approach). The gross exposure generated via derivatives pursuant to point 40 a) of the Guidelines on ETFs and other UCITS issues of the European Securities and Markets Authority (ESMA) totaled EUR 0.00 as of the reporting date. 20

DWS Institutional Euro Short Duration Sovereign Fund (AAA) Notes on the valuation Under the responsibility of the Board of Directors of the SICAV, the Management Company determines the net asset values per share and performs the valuation of the assets of the fund. The basic provision of price data and price validation are performed in accordance with the method introduced by the Board of Directors of the SICAV on the basis of the legal and regulatory requirements or the principles for valuation methods defined in the SICAV s prospectus. If no trading prices are available, prices are determined with the aid of valuation models (derived market values) which are agreed between State Street Bank Luxembourg as external price service provider and the Management Company and which are based as far as possible on market parameters. This procedure is subject to an ongoing monitoring process. The plausibility of price information from third parties is checked through other pricing sources, model calculations or other suitable procedure. Investments reported in this report are not valued at derived market values. Footnotes 1 Does not include positions with a negative balance, if such exist. Transactions completed during the reporting period that no longer appear in the investment portfolio Purchases and sales of securities, investment fund units and promissory note loans (Schuldscheindarlehen); market classifications are as of the reporting date Count/ Purchases/ Sales/ Description currency additions disposals ( / 000) Securities traded on an exchange Interest-bearing securities 4.3000 % Austria 03/15.07.14 MTN 144a (AT0000386073)... EUR 1 900 2.5000 % Germany 09/10.10.14 S.155 (DE0001141554)... EUR 2 300 3.7500 % Netherlands 04/15.07.14 (NL0000102325)... EUR 3 400 Securities loans (total transactions, at the value agreed at the closing of the loan contract) Value ( 000) Perpetual EUR 30 339 Security description: 4.3000 % Austria 03/15.07.14 MTN 144a (AT0000386073), 3.5000 % Austria 04/15.07.15 MTN 144a (AT0000386198), 3.4000 % Austria 09/20.10.14 (AT0000A0CL73), 3.5000 % Germany 05/04.01.16 (DE0001135291), 2.5000 % Germany 09/10.10.14 S.155 (DE0001141554), 1.7500 % Germany 10/09.10.15 S.158 (DE0001141588), 2.5000 % Germany 10/27.02.15 S.156 (DE0001141562), 1.2500 % Germany 11/14.10.16 S.161 (DE0001141612), 3.7500 % Netherlands 04/15.07.14 (NL0000102325), 0.7500 % Netherlands 12/15.04.15 (NL0010055703), 0.0000 % Netherlands 13/15.04.16 (NL0010364139) Derivatives (option premiums realized in opening transactions, or total options transactions; in the case of warrants, purchases and sales are shown) Futures contracts Value ( 000) Interest rate futures Contracts purchased: EUR 25 417 (Underlyings: Euro-Schatz Future 03/2014, Euro-Schatz Future 06/2014) 21

DWS Institutional Euro Short Duration Sovereign Fund (AAA) Statement of income and expenses (incl. income adjustment) Development of the fund s net assets for the period from January 1, 2014, through April 25, 2014 I. Income 1. Interest from securities (before withholding tax)... EUR 95 660.44 2. Interest from investments of liquid assets (before withholding tax)... EUR 37.56 3. Income from securities lending and repurchase agreements.......................... EUR 9 475.37 including: from securities lending...eur 9 475.37 4. Other income.................................. EUR 150 297.16 including: Compensation payments...eur 150 297.16 Total income... EUR 255 470.53 II. Expenses 1. Management fee... EUR -18 013.97 including: All-in fee...eur -18 013.97 2. Other expenses... EUR -4 453.46 including: Performance-based fee from securities lending...eur -3 813.09 Taxe d abonnement...eur -640.37 Total expenses... EUR -22 467.43 Net investment income... EUR 233 003.10 IV. Sale transactions Realized gains... EUR 20 144.40 Realized losses... EUR -349 533.14 Capital gains/losses... EUR -329 388.74 V. Realized gains/losses for the fiscal year... EUR -96 385.64 1. Net changes in value of unrealized gains... EUR -599.00 2. Net changes in value of unrealized losses... EUR 128 966.41 VI. Unrealized gains/losses for the fiscal year... EUR 128 367.41 VII. Net gain/loss for the fiscal year... EUR 31 981.77 Note: The net change in unrealized gains (losses) is calculated by comparing the total of all unrealized gains (losses) at the end of the fiscal year and the total of all unrealized gains (losses) at the beginning the fiscal year. The total unrealized gains (losses) include the positive (negative) differences resulting from the comparison of the carrying amounts of individual assets at the reporting date at amortized cost. The unrealized gains/losses are reported without income adjustment. I. Value of the fund s assets at the beginning of the fiscal year... EUR 36 576 476.23 1. Distribution for the previous year... EUR -362 186.88 2. Net inflows... EUR -3 432 930.45 a) Inflows from subscriptions... EUR 99 464.07 b) Outflows from redemptions... EUR -3 532 394.52 3. Income adjustment... EUR 7 208.44 4. Net gain/loss for the fiscal year... EUR 31 981.77 including: Net change in unrealized appreciation... EUR -599.00 Net change in unrealized depreciation... EUR 128 966.41 II. Value of the fund s assets on the date of the last unit price calculation... EUR 32 820 549.11 Summary of the gains/losses Realized gains (incl. income adjustment)... EUR 20 144.40 from: Securities transactions... EUR 977.07 Financial futures transactions... EUR 19 167.33 Realized losses (incl. income adjustment)... EUR -349 533.14 from: Securities transactions... EUR -324 756.63 Financial futures transactions... EUR -24 776.51 Net change in unrealized appreciation/depreciation... EUR 128 367.41 from: Securities transactions... EUR 115 692.41 Financial futures transactions... EUR 12 675.00 Changes in net assets and in the net asset value per share over the last three years Net assets at the end of the fiscal year EUR Net asset value per share EUR April 25, 2014 (date of last share price calculation). 32 820 549.11 92.78 2013..................................... 36 576 476.23 93.64 2012..................................... 47 431 782.13 96.39 BVI total expense ratio (TER) The total expense ratio was 0.18% p.a. The TER expresses total expenses and fees (excluding transaction costs) as a percentage of a fund s average net assets for a given fiscal year. As well, the additional income from securities lending resulted in a performance-based fee of 0.012% p.a. calculated on the fund s average net assets. Transaction costs The transaction costs paid in the reporting period amounted to EUR 1,275.50. The transaction costs include all costs that were reported or settled separately for the account of the fund in the reporting period and are directly connected to the purchase or sale of assets. Any financial transaction taxes which may have been paid are included in the calculation. 22

DWS Institutional SICAV June 30, 2014 Portfolio composition (in euro) DWS Institutional SICAV DWS Institutional USD Money plus * DWS Institutional Yield Securities portfolio 4 170 561 363.97 156 538 862.32 605 659 684.70 Currency derivatives - 1 197 362.41 196 284.03 Swaps 23 222.28 4 673.74 Cash at bank 797 963 769.07 44 925 182.13 102 000 729.43 Other assets 4 677 688.67 355 285.36 928 934.06 Total assets 1 4 973 432 081.40 202 015 613.83 708 594 021.93 Loan liabilities - 9 999 196.65-9 307 026.43 Other liabilities - 40 379 657.54-473 486.53-140 114.34 = Net assets 4 921 649 827.39 201 542 127.31 699 146 881.16 1 Does not include positions with a negative balance, if such exist. * The portfolio composition of the U.S. dollar-denominated fund, DWS Institutional USD Money plus, was converted into euro at the stated exchange rates. Fiscal six-month period ended June 30, 2014 USD 1.365580 = EUR 1 24

DWS Institutional Rendite 2017 DWS Institutional Multi Asset Total Return DWS Institutional Money plus DWS Institutional Cash Plus 166 017 248.45 28 896 870.82 3 140 093 154.47 73 355 543.21 9 753.39-1 403 399.83 18 548.54 18 213 159.72 790 991.38 626 883 706.41 5 150 000.00 244 365.41 8 359.53 3 106 671.23 34 073.08 184 484 526.97 29 696 221.73 3 770 102 080.65 78 539 616.29-692 170.22-20 387 026.13-7 408.98-19 366 484.75-5 136.81 164 097 500.84 29 688 812.75 3 749 332 196.07 77 842 309.26 25

Investment Company DWS Institutional SICAV 2, Boulevard Konrad Adenauer L -1115 Luxembourg RC B 38 660 Klaus-Michael Vogel Executive Member of the Board of Directors of DWS Investment S.A., Luxembourg Member of the Management Board of Deutsche Bank Luxembourg S.A., Luxembourg Fund Manager Deutsche Asset & Wealth Management Investment GmbH Mainzer Landstraße 178-190 D-60327 Frankfurt/Main Board of Directors of the Investment Company Doris Marx Chairwoman DWS Investment S.A., Luxembourg Manfred Bauer DWS Investment S.A., Luxembourg Markus Kohlenbach DWS Investment S.A., Luxembourg Stephan Scholl Deutsche Asset & Wealth Management International GmbH, Frankfurt/Main Promoter and Management Company DWS Investment S.A. 2, Boulevard Konrad Adenauer L -1115 Luxembourg Capital stock as of December 31, 2013: EUR 221.5 million Board of Directors of the Management Company Holger Naumann Chairman Managing Director of Deutsche Asset & Wealth Management Investment GmbH, Frankfurt/Main Managing Director of DWS Holding & Service GmbH, Frankfurt/Main Managing Director of RREEF Spezial Invest GmbH, Frankfurt/Main Chairman of the Board of Directors of Oppenheim Asset Management Services S.à.r.l., Luxembourg Dr. Asoka Wöhrmann Managing Director of Deutsche Asset & Wealth Management Investment GmbH, Frankfurt/Main Managing Director of DWS Holding & Service GmbH, Frankfurt/Main Wolfgang Matis (until June 30, 2014) Deutsche Asset & Wealth Management Investment GmbH, Frankfurt/Main Management Company Management Klaus-Michael Vogel Executive Member of the Board of Directors of DWS Investment S.A., Luxembourg Member of the Management Board of Deutsche Bank Luxembourg S.A., Luxembourg Manfred Bauer DWS Investment S.A., Luxembourg Markus Kohlenbach DWS Investment S.A., Luxembourg Doris Marx DWS Investment S.A., Luxembourg Ralf Rauch DWS Investment S.A., Luxembourg Martin Schönefeld DWS Investment S.A., Luxembourg Auditor KPMG Luxembourg S.à r.l. 9, Allée Scheffer L -2520 Luxembourg Custodian Sales, Information and Paying Agent LUXEMBOURG Deutsche Bank Luxembourg S.A. 2, Boulevard Konrad Adenauer L -1115 Luxembourg Heinz-Wilhelm Fesser Luxembourg Marzio Hug Deutsche Bank AG, London State Street Bank Luxembourg S.A. 49, Avenue J. F. Kennedy L -1855 Luxembourg Dr. Boris N. Liedtke Chairman of the Management Board of Deutsche Bank Luxembourg S.A., Luxembourg Dr. Matthias Liermann Deutsche Asset & Wealth Management Investment GmbH, Frankfurt/Main As of July 31, 2014

DWS Institutional SICAV 2, Boulevard Konrad Adenauer L-1115 Luxembourg RC B 38 660 Tel.: +352 4 21 01-1 Fax: +352 4 21 01-9 00