DWS Institutional. Semiannual Report DWS Institutional Money plus DWS Institutional USD Money plus

DWS Institutional Semiannual Report 2011 DWS Institutional Money plus DWS Institutional USD Money plus Investment Company with Variable Capital Incorporated under Luxembourg Law 7/2011 : The DWS/DB Group is the largest German mutual fund company according to assets under management. Source: BVI. As of: June 30, 2011.

DWS Institutional Money plus DWS Institutional USD Money plus

Contents Semiannual report 2011 for the period from January 1, 2011, through June 30, 2011 General 50 Asien information 2 2011 Semiannual report DWS Institutional SICAV DWS Institutional Money plus 4 DWS Institutional USD Money plus 5 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 meas - ured 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, 2011 (except for liquidated funds). Sales prospectuses Fund shares are purchased on the basis of the current simplified and full sales prospectuses* and the 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.). * (effective July 1, 2011, the Simplified Sales Prospectus will be replaced by the document entitled Key Investor Information Document ) The valuation of the products contained in the portfolio of the funds DWS Institutional Money plus and DWS Institutional USD Money plus as of the reporting date or liquitdation date was performed by the Management Company in good faith in accordance with generally accepted valuation principles. The valuation represents the application of the greatest possible diligence and prudence and was based on the most recently available market or exchange prices. The respective fund s assets are partially invested in products for which there was no liquid market as of the reporting date due to the financial market crisis. The valuation was therefore carried out with estimated current values based on indicative broker quotations or valuation models, which does not necessarily imply that market transactions have taken place. Given the financial market crisis and the associated illiquidity of the market for these products, it cannot generally be excluded that such securities transactions could have taken place at higher or lower values. 2

2011 Semiannual report

DWS Institutional Money plus DWS INSTITUTIONAL MONEY PLUS vs. benchmark Performance at a glance in % 0.6 0.5 0.4 +0.5 +0.4 0.3 0.2 0.1 0.0 6 months DWS Institutional Money plus 1M EUR LIBID + 5bp Data on euro basis BVI method performance, i.e., excluding the initial sales charge. Past performance is no guide to future results. As of: June 30, 2011 DWS INSTITUTIONAL MONEY PLUS Rating distribution of the bonds in the portfolio* Bonds: 90.4 AAA AA A BBB Other Investment funds Money market funds Cash and other assets In % of the fund s net assets (incl. pro-rata accrued interest) 25.8 27.3 4.5 0.1 0.2 0.1 9.3 0 10 20 30 32.7 40 * 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: 986 813 ISIN: LU0099730524 As of: June 30, 2011 4

DWS Institutional USD Money plus DWS INSTITUTIONAL USD MONEY PLUS vs. benchmark Performance at a glance in % 0.6 0.5 0.4 0.3 0.2 0.1 0.0 +0.1 +0.1 6 months DWS Institutional USD Money plus 1M USD LIBID + 5bp Data on U.S. dollar basis BVI method performance, i.e., excluding the initial sales charge. Past performance is no guide to future results. As of: June 30, 2011 DWS INSTITUTIONAL USD MONEY PLUS Rating distribution of the bonds in the portfolio* Bonds: 83.8 AAA AA A BBB Cash and other assets In % of the fund s net assets (incl. pro-rata accrued interest) 13.3 2.8 16.2 0 10 20 30 29.3 38.4 40 50 * 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, 2011 5

0Investment 0 portfolios for the reporting period The format used for complete dates in securities descriptions in the investment portfolio is day/month/year.

DWS Institutional Money plus Investment portfolio June 30, 2011 Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR Securities traded on an exchange 4 795 875 581.85 88.38 Interest-bearing securities 1.4070 % A.N.Z. Banking Group 06/18.07.11 MTN (XS0261469505).................. EUR 15 050 % 100.0050 15 050 752.50 0.28 1.9590 % Abbey National Treasury Services 11/08.12.11 MTN (XS0635089690)........ EUR 30 000 30 000 % 99.7875 29 936 250.00 0.55 1.3510 % A-BEST 2 05/01.10.15 Cl.A (XS0232767631)...................... EUR 25 000 % 99.6000 1 072 328.44 0.02 2.2850 % ABN AMRO Bank 10/03.02.12 MTN (XS0483673488)...................... EUR 25 000 25 000 % 100.4010 25 100 250.00 0.46 2.0770 % ABN AMRO Bank 10/15.10.12 MTN (XS0549050507)...................... EUR 25 000 25 000 % 100.0700 25 017 500.00 0.46 1.7720 % ABN AMRO Bank 11/17.07.12 MTN (XS0578858820)...................... EUR 30 000 30 000 % 99.7095 29 912 850.00 0.55 1.8550 % ART Five /TAP SA 06/02.11.17 S.100 (XS0241232783)...................... EUR 42 500 7 500 % 81.7000 26 302 293.75 0.48 1.4700 % ASB Finance (London Br.) 07/13.02.12 MTN (XS0285964481)........ EUR 33 000 33 000 % 99.8420 32 947 860.00 0.61 1.6460 % Athlon Securitisation 05/26.12.14 CI.A (XS0211870547)...................... EUR 19 700 % 99.5000 2 794 977.89 0.05 1.8720 % Atlantes Mortgage No.1 03/17.01.36 Cl.A (XS0161394324)...................... EUR 20 000 % 87.5900 5 358 901.35 0.10 1.5930 % Bacchus 06/17.08.22 S.2 CI.A1 (XS0260552962)...................... EUR 2 000 % 83.3000 1 553 362.04 0.03 1.9160 % Banesto Financial Products 10/15.07.11 MTN (XS0526227946).................. EUR 43 000 % 100.0000 43 000 000.00 0.79 1.5520 % Bank of America 07/05.02.14 MTN (XS0285100391) 3).................... EUR 15 000 5 000 % 95.6260 14 343 900.00 0.26 1.8020 % Banque Fédérative Crédit Mut. 09/10.12.11 MTN (XS0471464882) 3)................ EUR 40 000 40 000 % 100.1300 40 052 000.00 0.74 1.6230 % Banque Fédérative Crédit Mut. 10/11.08.11 MTN (XS0486389967)........ EUR 30 000 % 100.0000 30 000 000.00 0.55 2.1490 % Banque Fédérative Crédit Mut. 11/24.01.13 MTN (XS0580400884)........ EUR 30 000 30 000 % 100.2825 30 084 750.00 0.55 1.6840 % Barclays Bank 08/21.11.11 MTN (XS0400716444) 3).................... EUR 30 000 30 000 % 100.0290 30 008 700.00 0.55 2.1610 % Barclays Bank 09/28.01.13 MTN (XS0459903620)...................... EUR 36 500 36 500 % 100.6120 36 723 380.00 0.68 1.3730 % Bayerische Landesbank 08/22.07.11 R.20276 ÖPF (DE000BLB5G06).......... EUR 26 546 26 546 % 100.0025 26 546 663.65 0.49 1.4070 % Bayerische Landesbank 11/15.04.13 PF (XS0616917828) 3).................... EUR 43 000 43 000 % 99.8780 42 947 540.00 0.79 1.3200 % Berlin 10/16.01.12 LSA S.294 (DE000A1A6RD8) 3)................... EUR 50 000 % 100.0180 50 009 000.00 0.92 1.3110 % Berlin-Hannover.Hypo.bk. 08/13.10.11 E.102 PF (DE000A0XXRM1) 3)........... EUR 9 000 9 000 % 99.9890 8 999 010.00 0.17 1.9960 % BMW Australia Finance 10/26.09.11 MTN (XS0497844224) 3).................... EUR 47 000 % 99.9320 46 968 040.00 0.87 1.6140 % BMW Finance 11/07.02.12 MTN (XS0587410944)...................... EUR 15 000 15 000 % 99.8780 14 981 700.00 0.28 1.6140 % BMW Finance 11/07.02.12 MTN (XS0587519363)...................... EUR 10 000 10 000 % 100.0380 10 003 800.00 0.18 1.4990 % BNP Paribas 10/25.01.12 MTN (XS0480864205) 3).................... EUR 40 000 % 100.0000 40 000 000.00 0.74 1.4820 % BNP Paribas 11/17.01.12 MTN (XS0579068122) 3).................... EUR 40 000 40 000 % 100.0010 40 000 400.00 0.74 1.0040 % BNP Paribas 11/22.02.12 MTN (XS0594218082)...................... EUR 25 000 25 000 % 99.9400 24 985 000.00 0.46 1.6780 % BNP Paribas 11/28.03.12 MTN (XS0608252200)...................... EUR 25 000 25 000 % 99.9860 24 996 500.00 0.46 1.5640 % BPCE 06/12.09.12 MTN (FR0010398321)... EUR 20 000 20 000 % 99.2920 19 858 400.00 0.37 1.3890 % Bremen 09/19.08.11 A.163 LSA (DE000A0XYRS6)...................... EUR 15 000 % 99.9980 14 999 700.00 0.28 2.0850 % Chapel 03/17.11.64 S.1 Cl.A (XS0179679328)...................... EUR 65 000 % 90.0000 20 008 053.00 0.37 1.4570 % Cie. Financement Foncier 10/19.01.12 MTN PF (FR0010849018) 3)............. EUR 30 000 % 100.0000 30 000 000.00 0.55 1.3940 % Citigroup 06/12.01.12 MTN (XS0277974076)...................... EUR 10 000 % 99.8240 9 982 400.00 0.18 1.7990 % Commerzbank 01/25.07.11 Tr.519 MTN (XS0133336619)...................... EUR 10 000 % 99.7945 9 979 450.00 0.18 1.7740 % Commerzbank 07/19.12.11 MTN (DE000DR5B8U7)..................... EUR 20 000 20 000 % 100.0500 20 010 000.00 0.37 1.4350 % Commonwealth Bank Australia 06/02.11.11 MTN (XS0273347921)........ EUR 10 750 % 100.0230 10 752 472.50 0.20 8

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR 0.0100 % Coriolanus/BLB-Genuss. 09/31.07.14 MTN S.118 (XS0427563423)............. EUR 100 099 100 099 % 93.1227 98 135 845.62 1.81 1.7350 % Coriolanus/CART 1 07/15.06.14 MTN (XS0309858933)...................... EUR 51 516 % 96.2001 23 027 639.18 0.42 1.4060 % Crédit Agricole (London Br.) 07/27.04.12 MTN (XS0297397811) 3)................ EUR 30 000 % 99.9500 29 985 000.00 0.55 1.4210 % Crédit Agricole (London Br.) 11/13.01.12 MTN (XS0578475062)........ EUR 50 000 50 000 % 99.6120 49 806 000.00 0.92 1.6640 % Credit Foncier de France 10/11.06.12 MTN (FR0010908681)...................... EUR 34 000 % 99.9500 33 983 000.00 0.63 1.4850 % Crédit Mutuel Arkéa 06/03.11.11 MTN (FR0010391136)...................... EUR 10 000 10 000 % 99.9595 9 995 950.00 0.18 1.4850 % Credit Suisse (London Br.) 07/04.06.12 MTN (XS0302887772)........ EUR 20 000 20 000 % 99.9975 19 999 500.00 0.37 1.5180 % Danske Bank 06/08.09.11 MTN (XS0266920320)...................... EUR 25 000 25 000 % 100.0170 25 004 250.00 0.46 1.3300 % Danske Bank 07/11.01.12 MTN (XS0281739895)...................... EUR 15 000 % 99.9490 14 992 350.00 0.28 1.5740 % Danske Bank 07/29.06.12 MTN (XS0307699453)...................... EUR 20 000 20 000 % 99.7020 19 940 400.00 0.37 1.5320 % Deutsche Bank 07/19.04.12 (XS0294497671)...................... EUR 112 000 % 99.7000 111 664 000.00 2.06 1.3910 % Deutsche Hypothekenbank 04/19.08.11 ÖPF MTN S.41 (XS0198884016) 3)........ EUR 40 000 20 000 % 99.9900 39 996 000.00 0.74 1.3550 % Deutsche Hypothekenbank 09/06.07.11 ÖPF MTN (DE000DHY1834)............. EUR 50 000 % 100.0000 50 000 000.00 0.92 1.5190 % Deutsche Hypothekenbank 11/10.08.12 MTN HPF S.290 (DE000DHY2907) 3)...... EUR 25 000 25 000 % 100.0060 25 001 500.00 0.46 2.4020 % Dexia Banque Int. Luxembourg 09/21.09.12 MTN (XS0452338808)........ EUR 50 000 % 100.0000 50 000 000.00 0.92 1.4240 % Dexia Kommunalbank 06/23.08.11 E.1459 ÖPF (DE000DXA0Q10) 3)......... EUR 20 000 20 000 % 99.9925 19 998 500.00 0.37 1.4750 % Dexia Kommunalbank 11/01.08.13 ÖPF S.1629 (DE000DXA1NN0) 3)......... EUR 39 000 39 000 % 99.4400 38 781 600.00 0.71 1.5340 % DnB NOR Bank 06/22.11.11 MTN (XS0275670023)...................... EUR 10 400 % 100.0400 10 404 160.00 0.19 2.4380 % EARLS Eight /BVV 05/08.06.17 S.190 MTN (XS0220432776)...................... EUR 6 000 % 94.0600 5 643 600.00 0.10 2.1150 % EARLS Four/Allianz 02/31.05.22 S.653 MTN (XS0149248097)............. EUR 2 000 % 98.5300 1 970 600.00 0.04 2.5820 % Eirles One 01/19.07.11 MTN S.26 (XS0136961017)...................... EUR 20 000 % 93.0100 9 238 408.49 0.17 1.4300 % Eirles Three 09/01.06.12 S.289 MTN (XS0420655796)...................... EUR 23 750 % 73.8200 7 963 034.83 0.15 0.0000 % Eirles Three/BayLaba Genuss. 09/01.07.13 S.291 MTN (XS0427360663)... EUR 28 301 % 80.5500 16 192 948.07 0.30 0.8810 % EUROFIMA 10/18.01.12 MTN (XS0496146753)...................... EUR 50 000 % 99.8500 49 925 000.00 0.92 1.5280 % Eurohypo 07/28.09.11 HPF S.1N7 (DE000HBE1N78)..................... EUR 10 000 10 000 % 99.9560 9 995 600.00 0.18 3.5000 % France B.T.A.N. 05/12.07.11 (FR0108847049) 3).................... EUR 275 000 275 000 % 100.0775 275 213 125.00 5.07 5.7500 % GE Capital European Funding 08/23.09.11 MTN (XS0378750581).................. EUR 30 000 30 000 % 100.8755 30 262 650.00 0.56 1.2500 % Germany 09/16.09.11 S.1 (DE0001137271) 3).................... EUR 250 000 250 000 % 100.0410 250 102 500.00 4.61 1.5690 % Granite Master Issuer 05/20.12.54 S.2 Cl.A5 (XS0220174543).............. EUR 13 500 13 000 % 94.7000 5 324 587.00 0.10 1.4340 % Hamburg 10/26.11.12 LSA S.20 (DE000A1E8K09)...................... EUR 25 000 % 100.0510 25 012 750.00 0.46 1.7690 % HSBC Bank 09/08.04.13 MTN (XS0455483254)...................... EUR 30 000 30 000 % 100.2455 30 073 650.00 0.55 1.6090 % Hypo Alpe-Adria Bank Int. 07/24.01.17 MTN (XS0283714896).................. EUR 73 500 % 98.9300 72 713 550.00 1.34 1.5040 % Hypo Alpe-Adria-Bank Int. 01/26.11.11 MTN (XS0137508668).................. EUR 15 000 % 99.0000 14 850 000.00 0.27 1.5990 % IKB Deutsche Industriebank 07/23.01.17 MTN (XS0282589505).................. EUR 10 800 11 100 % 60.0000 6 480 000.00 0.12 1.9540 % ING Bank 11/03.06.13 MTN (XS0632892211)...................... EUR 40 000 40 000 % 99.8020 39 920 800.00 0.74 1.6520 % ING Bank 11/18.01.12 MTN (XS0579762849)...................... EUR 40 000 40 000 % 99.8690 39 947 600.00 0.74 1.4840 % ING Bank/Australia 06/23.11.11 MTN (XS0275903226)...................... EUR 40 000 40 000 % 99.9100 39 964 000.00 0.74 1.6320 % Intesa Sanpaolo 10/19.01.12 MTN (XS0478281396)...................... EUR 60 500 % 99.8550 60 412 275.00 1.11 9

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR 1.5320 % Intesa Sanpaolo Bank Ireland 11/19.07.11 MTN (XS0580515277)........ EUR 25 000 25 000 % 100.0050 25 001 250.00 0.46 1.4660 % Jump 05/27.04.26 S.1 Cl.A (IT0003834386). EUR 20 800 % 98.7500 2 002 880.05 0.04 1.3290 % KBC Ifima 06/04.10.11 MTN (XS0269226238)...................... EUR 61 000 61 000 % 99.9260 60 954 860.00 1.12 0.8558 % KfW 10/18.01.12 MTN (XS0493213176).... EUR 55 000 % 100.0300 55 016 500.00 1.01 1.5520 % Kildare Securities 07/10.12.43 Cl.A3 (XS0286335996)...................... EUR 15 000 % 71.3400 10 701 000.00 0.20 1.9940 % Kommunalkredit Austria 11/20.06.12 MTN (XS0632936950)...................... EUR 38 000 38 000 % 100.1460 38 055 480.00 0.70 1.4250 % Landesbank Saar 10/17.02.12 A.376 ÖPF (DE000SLB3768)...................... EUR 50 000 % 100.0000 50 000 000.00 0.92 1.5910 % LB Baden-Württemberg 04/24.09.12 R.230 IHS (DE000LBW14R9)............ EUR 12 200 % 99.6500 12 157 300.00 0.22 1.4430 % LB Baden-Württemberg 05/30.11.11 S.461 MTN (XS0223479006) 3)........... EUR 64 000 % 100.0250 64 016 000.00 1.18 1.3990 % LB Hessen-Thüringen 05/24.01.12 S.H157 IHS MTN (XS0209880292) 3)...... EUR 10 500 % 99.9790 10 497 795.00 0.19 1.6890 % LB Hessen-Thüringen 09/04.07.11 IHS (DE000HLB1SJ6)...................... EUR 30 000 30 000 % 100.0000 30 000 000.00 0.55 1.6940 % LB Hessen-Thüringen 10/18.06.12 S.H220 IHS MTN (XS0517632625)........ EUR 40 000 % 99.9500 39 980 000.00 0.74 1.5810 % LB Hessen-Thüringen 10/30.03.12 E.0509B/025 ÖPF (DE000HLB3MY4) 3).... EUR 25 000 % 99.9140 24 978 500.00 0.46 1.3650 % L-Bank B-W-Förderbank 10/02.05.12 S.5371 IHS MTN (XS0483039516) 3)...... EUR 50 000 % 99.9850 49 992 500.00 0.92 1.1200 % L-Bank B-W-Förderbank 11/04.12.12 MTN (XS0588918788)...................... EUR 22 000 22 000 % 100.0000 22 000 000.00 0.41 1.7810 % Lloyds TSB Bank 11/30.03.12 MTN (XS0608386230) 3).................... EUR 40 000 40 000 % 99.3380 39 735 200.00 0.73 1.5250 % Lombarda Lease Finance No.4 05/30.01.22 Cl.A (IT0003856256)......... EUR 20 000 % 97.6700 2 662 999.84 0.05 1.7210 % Münchener Hypothekenbk. 09/15.12.11 MTN IHS S.1371 (DE000MHB7498) 3)..... EUR 40 000 % 99.8485 39 939 400.00 0.74 1.7140 % Münchener Hypothekenbk. 10/11.06.12 MTN (DE000MHB7761) 3).............. EUR 33 000 % 99.9000 32 967 000.00 0.61 2.8990 % National Bank of Abu Dhabi 09/23.07.12 MTN (XS0441252268).................. EUR 40 000 % 100.2100 40 084 000.00 0.74 1.9020 % National Bank of Abu Dhabi 10/21.06.12 MTN (XS0518070650).................. EUR 20 000 % 100.0975 20 019 500.00 0.37 1.6160 % Norddt. Landesbank 04/24.09.12 IHS MTN (XS0200870565)...................... EUR 37 800 % 100.0250 37 809 450.00 0.70 1.3070 % Norddt. Landesbank 07/15.10.14 S.1237 ÖPF (DE000NLB24A3)........... EUR 16 250 16 250 % 99.2640 16 130 400.00 0.30 1.4890 % Nordea Bank 09/04.01.12 MTN (XS0475467295)...................... EUR 50 000 % 99.8640 49 932 000.00 0.92 1.8230 % Nordea Bank 11/11.02.13 MTN (XS0590184858)...................... EUR 13 000 13 000 % 100.1200 13 015 600.00 0.24 1.7430 % Nordea Bank 11/21.01.13 MTN (XS0580556628)...................... EUR 25 000 25 000 % 99.9750 24 993 750.00 0.46 1.7780 % Nordrhein-Westfalen 09/19.08.11 LSA R.912 (DE000NRW2W07) 3)......... EUR 20 000 % 100.0575 20 011 500.00 0.37 1.6760 % NRW.BANK 09/18.11.11 A.11Q IHS (DE000NWB11Q3) 3).................. EUR 30 000 % 100.1200 30 036 000.00 0.55 1.2197 % Nykredit Realkredit 09/01.10.11 Ser.31e PF (LU0455441336)...................... EUR 45 000 45 000 % 99.8500 44 932 500.00 0.83 1.7810 % Pohjola Pankki 09/15.12.11 MTN (XS0472276319)...................... EUR 39 000 % 99.8870 38 955 930.00 0.72 1.5730 % Rabobank 10/11.05.12 MTN (XS0507737285)...................... EUR 10 000 10 000 % 99.9900 9 999 000.00 0.18 1.6200 % Rabobank 11/14.01.13 MTN (XS0577548695) 3).................... EUR 40 000 40 000 % 100.1260 40 050 400.00 0.74 1.3740 % Rheinland-Pfalz 10/16.03.12 LSA (DE000A1DAA16)..................... EUR 30 000 % 100.0030 30 000 900.00 0.55 1.5800 % Royal Bank of Canada 07/23.03.12 MTN (XS0291810637) 3).................... EUR 7 500 % 100.0600 7 504 500.00 0.14 1.6110 % Royal Bank of Scotland 06/30.01.17 MTN (XS0259579547)...................... EUR 6 550 20 000 % 86.5000 5 665 750.00 0.10 1.4900 % Royal Bank of Scotland 11/11.04.12 MTN (XS0615963054)...................... EUR 20 000 20 000 % 99.7800 19 956 000.00 0.37 1.8060 % Santander International Debt 10/26.09.11 MTN (XS0496245068)........ EUR 30 000 % 99.5630 29 868 900.00 0.55 2.3310 % Santander International Debt 10/30.06.12 MTN (XS0520246686)........ EUR 25 000 % 100.0000 25 000 000.00 0.46 1.7850 % Santander International Debt 11/01.02.13 MTN (XS0591474639)........ EUR 25 000 25 000 % 100.0000 25 000 000.00 0.46 10

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR 2.1760 % Société Générale 08/18.08.11 MTN (XS0382730272) 3).................... EUR 27 500 15 000 % 100.0510 27 514 025.00 0.51 1.7520 % Societé Générale 09/21.12.11 MTN (XS0473943925)...................... EUR 46 500 25 100 % 100.0030 46 501 395.00 0.86 1.5110 % Societe Generale 11/13.04.12 MTN (XS0616448733)...................... EUR 27 000 27 000 % 99.8360 26 955 720.00 0.50 1.4890 % Split 2 04/25.10.18 Cl.A (IT0003763882).... EUR 54 700 % 99.5900 2 033 132.30 0.04 1.8820 % Svenska Handelsbanken 08/18.07.11MTN (XS0377159487)...................... EUR 15 000 % 100.2210 15 033 150.00 0.28 1.5860 % Svenska Handelsbanken 09/07.12.11MTN (XS0471399963)...................... EUR 30 000 % 100.0400 30 012 000.00 0.55 1.5820 % Svenska Handelsbanken 10/18.01.12 MTN (XS0478987224)...................... EUR 15 000 % 100.1010 15 015 150.00 0.28 1.5610 % Svenska Handelsbanken 11/28.01.13 MTN (XS0583506133)...................... EUR 25 500 25 500 % 100.1130 25 528 815.00 0.47 1.7120 % Swedbank 11/18.10.12 MTN (XS0618263866)...................... EUR 40 500 40 500 % 99.9500 40 479 750.00 0.75 1.4850 % Swedbank Hypotek 10/03.08.12 MTN PF (XS0530923225)...................... EUR 18 500 18 500 % 99.9510 18 490 935.00 0.34 1.9350 % Swedish Housing Finance 11/01.02.13 MTN (XS0586693003)...................... EUR 10 000 10 000 % 100.1860 10 018 600.00 0.18 1.5820 % Swedish Housing Finance 11/18.07.12 MTN (XS0579847590)...................... EUR 65 000 65 000 % 100.0000 65 000 000.00 1.20 1.6060 % Swedish Housing Finance 11/27.07.12 MTN (XS0584535289)...................... EUR 25 000 25 000 % 100.0220 25 005 500.00 0.46 1.3410 % UBS (Jersey Br.) 11/30.12.11 MTN (XS0578458050)...................... EUR 100 000 100 000 % 99.7450 99 745 000.00 1.84 1.5490 % UniCredit 06/07.11.11 MTN (XS0273441278) 3).................... EUR 25 000 25 000 % 99.9215 24 980 375.00 0.46 1.6260 % Unicredit 11/18.08.11 MTN (XS0591786446)...................... EUR 30 000 30 000 % 100.0000 30 000 000.00 0.55 5.0000 % UniCredit Bank 01/12.09.11 S.962 PF (DE0002515806)...................... EUR 25 000 25 000 % 100.6550 25 163 750.00 0.46 1.6350 % UniCredit Bank Ireland 10/27.08.12 MTN (XS0532488458)...................... EUR 25 000 % 100.0250 25 006 250.00 0.46 1.7760 % Volkswagen Bank 11/27.06.12 MTN (XS0641933097)...................... EUR 21 000 21 000 % 100.0000 21 000 000.00 0.39 1.7190 % Vorarlberger Landes- Hyp.bank 11/07.02.13 ÖPF MTN (XS0586550583).............. EUR 10 000 10 000 % 100.0250 10 002 500.00 0.18 1.4850 % Wells Fargo & Co. 06/01.08.11 MTN (XS0262914020) 3).................... EUR 30 000 % 99.9710 29 991 300.00 0.55 1.5690 % Wells Fargo Bank 06/19.09.11 MTN (XS0268297396) 3).................... EUR 84 500 % 99.9900 84 491 550.00 1.56 1.5200 % Westdt. ImmobilienBank 04/04.08.11 IHS MTN (XS0197876302).............. EUR 13 500 % 100.0075 13 501 012.50 0.25 1.4920 % WL BANK 09/16.12.11 MTN ÖPF R.610 (DE000A1CRXS0) 3)................... EUR 35 000 % 99.9700 34 989 500.00 0.64 1.5350 % WL BANK 09/24.08.12 R.592 ÖPF (DE000A0Z2RN8) 3)................... EUR 20 000 20 000 % 100.0365 20 007 300.00 0.37 1.5250 % WL BANK 10/15.09.11 MTN IHS R.183 (DE000A1DAAL7)..................... EUR 30 000 % 99.8625 29 958 750.00 0.55 1.7190 % WL Bank 11/10.05.13 MTN (DE000A1H3U05) 3)................... EUR 40 000 40 000 % 99.7300 39 892 000.00 0.74 3.5034 % ART Five /DB CapFT 09/und. S.183 MTN (XS0423693901)...................... USD 44 100 % 100.0000 30 438 563.80 0.56 3.5034 % CLASS/DB CapFT 09/und. MTN (XS0423470276)...................... USD 76 620 % 100.0000 52 884 416.28 0.97 3.1128 % EARLS Eight /DB CapFT 09/30.06.10 S.496 CLN (XS0425020814)............. USD 16 700 % 100.0000 11 526 621.66 0.21 0.4250 % HSH Nordbank 05/17.03.15 IHS (DE000HSH0G91)..................... USD 20 000 10 000 % 91.5550 12 638 561.04 0.23 0.5030 % Lunar Funding V/LBBW 05/03.04.12 S.9 MTN (XS0208871250)............... USD 22 650 % 98.4300 15 387 967.45 0.28 2.1070 % Regal Ser.32/DB Capital Trust 10/30.06.11 MTN (XS0493072507)........ USD 15 850 % 100.0000 10 939 937.33 0.20 2.9458 % Regal/DB Bank Capital 99/30.06.14 MTN S.17 (XS0095395819).............. USD 111 537 % 100.0000 76 984 718.60 1.42 0.9518 % Royal Bank of Scotland 05/09.03.15 (XS0213858243)...................... USD 43 600 10 000 % 88.5000 26 632 708.00 0.49 0.9858 % Royal Bank of Scotland 05/29.09.15 MTN (XS0223318501) 3).................... USD 10 000 5 000 % 85.0000 5 866 843.36 0.11 0.9895 % Royal Bank of Scotland 06/11.04.16 MTN (XS0250214797)...................... USD 29 000 % 86.7500 17 364 130.81 0.32 0.3953 % Siemens Financieringsmaatsch. 06/16.03.12 MTN (XS0247658494)........ USD 16 500 % 99.9980 11 388 350.52 0.21 4.8910 % BW Bank Capital Funding Trust I 99/und. S.1 (USU122163020)........... Count 1 000 EUR 670.0000 670 000.00 0.01 11

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR Unlisted securities 85 328 927.57 1.57 Interest-bearing securities 0.0000 % DZ PRIVATBANK 26.07.11 Tr.71 (XS0620695469)...................... EUR 30 000 30 000 % 99.9269 29 978 070.00 0.55 1.2620 % Rabobank 04/07.10.11 MTN (XS0205735201) 3).................... EUR 50 000 % 99.8760 49 938 000.00 0.92 2.2940 % Tagus S. T. C. 06/20.12.16 S.Altis 1 Cl.A (XS0280699793)...................... EUR 9 000 6 000 % 81.7500 5 412 857.57 0.10 Investment fund units 18 161 430.40 0.33 In-group fund units 18 161 430.40 0.33 DWS Best Global FX Selection Plus (LU0282109148) (1.500%)........................ Count 9 500 9 500 EUR 104.1000 988 950.00 0.02 DWS Invest Government Liquidity Fund FC (LU0416134327) (0.150%)........................ Count 46 000 EUR 100.5400 4 624 840.00 0.09 DWS Invest Income Strategy Conservative IC (LU0329762396) (0.300%)........................ Count 23 650 23 650 EUR 105.9600 2 505 954.00 0.05 DWS Invest Income Strategy Currency FC (LU0273149533) (0.500%+)....................... Count 90 760 EUR 110.6400 10 041 686.40 0.19 Total securities portfolio 4 899 365 939.82 90.28 Derivatives Minus signs denote short positions Currency derivatives -2 786 316.44-0.05 Currency futures (short) Open positions USD/EUR 395.00 million.......................... -2 786 316.44-0.05 Swaps -60 526.85 0.00 Credit default swaps Protection seller Allianz SE / 25 BP (BNP) 20.06.12 SELL (OTC FFM)..................................... EUR 25 000-11 899.89 0.00 Barclays Bank / 25 BP (BNP) 20.09.11 SELL (OTC FFM)..................................... EUR 35 000-20 095.44 0.00 Credit Suisse Group Fin/ 25 BP (MST) 20.09.11 SELL (OTC FFM)..................................... EUR 25 000-370.14 0.00 Sanofi Aventis/ 25 BP (CIT) 20.03.12 SELL (OTC FFM)..................................... EUR 37 000 53 012.65 0.00 Swiss Re America/ 25 BP (BNP) 20.03.12 SELL (OTC FFM)..................................... EUR 22 000-58 457.64 0.00 USA / 25 BP (BNP) 20.06.12 SELL (OTC FFM)..................................... EUR 25 000-22 716.39 0.00 Cash at bank 167 654 278.71 3.09 Demand deposits at Custodian EUR deposits.................................. EUR 164 056 482.60 % 100 164 056 482.60 3.02 Deposits in other EU/EEA currencies................ EUR 1 724 097.50 % 100 1 724 097.50 0.03 Deposits in non-eu/eea currencies Swiss franc.................................... CHF 28 739.65 % 100 23 780.45 0.00 Japanese yen.................................. JPY 4 184 122.00 % 100 35 907.79 0.00 U.S. dollar..................................... USD 2 628 174.51 % 100 1 814 010.37 0.03 12

DWS Institutional Money plus Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR Repayment claims from securities purchased under repurchase agreements 350 000 000.00 6.45 Rev Repo DWS Institutional Money Plus (BNP Paribas S.A., Paris) 01.07.11 1.50%............ EUR 350 000 000.00 % 100 350 000 000.00 6.45 Other assets 24 055 045.09 0.44 Interest receivable.............................. EUR 22 925 806.51 % 100 22 925 806.51 0.42 Withholding tax claims........................... EUR 661 277.67 % 100 661 277.67 0.01 Other receivables............................... EUR 467 960.91 % 100 467 960.91 0.01 Other liabilities EUR -11 599 924.59 % 100-11 599 924.59-0.21 Net assets 5 426 628 495.74 100.00 Net asset value per share 13 891.81 Number of shares outstanding 390 635.072 Negligible rounding errors may have arisen due to the rounding of calculated percentages. Market abbreviations Futures exchanges OTC FFM = Over the Counter Frankfurt/Main Exchange rates (indirect quotes) As of June 30, 2011 Swiss franc..................... CHF 1.208541 = EUR 1 Japanese yen................... JPY 116.524087 = EUR 1 U.S. dollar..................... USD 1.448820 = EUR 1 Security prices and market rates The fund s assets are valued on the basis of the last known prices/market rates. The fund s assets are partially invested in products for which there was no liquid market as of the reporting date due to the financial market crisis. The valuation was therefore carried out with estimated current values based on indicative broker quotations or valuation models. 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. Footnotes 3) Some or all of these securities are lent. The equivalent value of the lent securities is EUR 1 598 535 612.41. 13

DWS Institutional Money plus 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 1.7640 % Allied Irish Banks 10/30.09.15 MTN (XS0545957432)................... EUR 10 000 1.3690 % ABN AMRO Bank 10/11.02.11MTN (XS0486207102)................... EUR 40 000 1.2994 % Arlo II/Münchener Rück 05/04.02.11 MTN (XS0217746428).............. EUR 32 134 3.5000 % Banco Bilbao Vizcaya Argentaria 04/15.03.11 PF (ES0413211048)...... EUR 66 500 3.7500 % Banco Espanol de Crédito 04/23.02.11 PF (ES0413440043)...... EUR 40 000 2.5000 % Banco Santander 05/28.01.11PF (ES0413900095)................... EUR 15 000 2.1490 % Banque Fédérative Crédit Mut. 11/24.01.13 MTN (XS0608441944).... EUR 10 000 10 000 1.1590 % Barclays Bank 10/06.04.11MTN (XS0499960713)................... EUR 25 000 1.1970 % Barclays Bank 10/28.01.11MTN (XS0482880902)................... EUR 50 000 1.0850 % Bayerische Landesbank 04/14.04.11 IHS (XS0190276435)............... EUR 13 000 1.0240 % Bayerische Landesbank 04/20.03.11 MTN (XS0187852008).............. EUR 30 000 0.9980 % Bayerische Landesbank 08/31.03.11 HPF S.0033 (DE000BLB6B67)........ EUR 27 000 1.0710 % BNP Paribas 10/24.03.11MTN (XS0497455674)................... EUR 50 000 4.1250 % BNP Paribas Home Loan Cov. Bonds 08/24.01.11 MTN (FR0010573758).... EUR 11 400 1.4620 % BPCE 09/08.06.11 MTN (FR0010830406)................... EUR 4 000 4 000 2.1440 % Bruckner CDO I 04/29.12.84 Cl.A1 Reg S (XS0198769266)............. EUR 20 000 3.5000 % Caja Ahorr. Monte Piedad Madrid 04/25.03.11 PF (ES0414950610)...... EUR 5 500 1.1360 % Cie. Financement Foncier 03/25.03.11 MTN PF (FR0010032797)........... EUR 12 000 0.0100 % Coriolanus/BLB-Genuss. 09/31.07.11 MTN S.118 (XS042756342X)......... EUR 100 099 1.0810 % Crédit Agricole (London Br.) 10/27.04.11 MTN (XS0504963090).... EUR 25 000 3.5000 % Dexia Kommunalbank 04/15.04.11 E.1273 ÖPF (DE000DXA0KK4)....... EUR 13 400 23 400 1.0970 % DnB NOR Bank 06/11.04.11 MTN (XS0249881474)................... EUR 10 000 1.7200 % Faxtor ABS 04/25.07.94 Cl.A1 (XS0190998905)................... EUR 7 000 1.3870 % Fortis Bank 10/25.05.11 MTN (XS0512297036)................... EUR 35 000 3.0000 % France B.T.A.N. 06/12.01.11 (FR0108354806)................... EUR 100 000 4.3750 % GE Capital European Funding 07/30.03.11 MTN (XS0301023049).... EUR 20 000 1.2500 % Germany 09/11.03.11 BSA (DE0001137255).................. EUR 100 000 1.5000 % Germany BS 09/10.06.11 (DE0001137263).................. EUR 350 000 350 000 1.1580 % ING Bank 10/21.01.11 MTN (XS0480455459)................... EUR 25 000 1.3060 % ING Bank 10/23.05.11 MTN (XS0512144808)................... EUR 38 000 2.1110 % Instituto de Credito Oficial 10/13.07.12 MTN (XS0522960995).............. EUR 50 000 1.2790 % Intesa Sanpaolo 04/10.05.11MTN (XS0191589695)................... EUR 10 000 5.0000 % Intesa Sanpaolo 08/28.04.11 MTN (XS0359384947)................... EUR 19 000 19 000 0.0000 % Italy 10/15.04.11 (IT0004592777)..... EUR 100 000 100 000 0.0000 % Italy 10/29.04.11 (IT0004643828)..... EUR 100 000 100 000 1.1450 % KBC Ifima 10/14.04.11 MTN (XS0501707482)................... EUR 50 000 5.7500 % LB Baden-Württemberg 00/14.01.11 S.591 ÖPF (DE0001007037)......... EUR 7 500 1.1750 % Lloyds TSB Bank 10/17.03.11 MTN (XS0495198268)................... EUR 55 000 1.3740 % Münchener Hypothekenbk. 09/16.06.11 MTN PF S.1282 (DE000MHB0923).... EUR 35 000 1.0990 % National Australia Bank 06/18.03.11 MTN (XS0240722313).............. EUR 12 000 3.0240 % Natixis 09/02.05.11 MTN (XS0430959949)................... EUR 50 000 4.2500 % Nordea Hypotek 08/20.04.11PF MTN (XS0359403168)................... EUR 31 000 31 000 0.9780 % Nordrhein-Westfalen 08/08.03.11 LSA R.843 (DE000NRW1162)........ EUR 15 000 1.0000 % Nykredit Realkredit 09/01.01.11 PF S.12E (LU0455111624)........... EUR 65 000 1.0000 % Nykredit Realkredit 10/01.04.11 S.12E PF (LU0483551452)........... EUR 95 000 95 000 1.2500 % Pohjola Pankki 06/21.06.11MTN (XS0258298164)................... EUR 19 500 19 500 1.2390 % Rabobank 10/11.05.12 Tr.4 MTN (XS0594225707)................... EUR 10 000 10 000 1.5020 % Raiffeisen Zentralbank Österreich 06/22.06.16 MTN (XS0258576403).... EUR 20 000 1.0000 % Realkredit Danmark 10/01.04.11 PF (LU0487809385)................... EUR 20 000 20 000 2.7800 % Royal Bank of Scotland 09/10.06.11 MTN (XS0433924767).............. EUR 10 000 1.1220 % Santander International Debt 06/23.03.11 MTN (XS0247647539).... EUR 20 000 1.5000 % SBAB 09/14.02.11 MTN (XS0445869836)................... EUR 25 000 1.3800 % Societe Generale Acc./L Oreal 06/20.06.11 CLN (XS0269424460)..... EUR 80 000 0.0000 % Spain 10/21.04.11 (ES0L01104212).... EUR 50 000 50 000 1.1150 % Toyota Motor Finance [Netherlands] 10/14.04.11 MTN (XS0502436727).... EUR 30 000 1.1040 % Ulster Bank Finance 06/29.03.11 (XS0249260364)................... EUR 11 300 1.3220 % Volkswagen Bank 07/27.06.11 MTN (XS0305080177)................... EUR 7 000 7 000 5.3750 % WestLB 08/02.03.11 IHS S.B85J (DE000WLB85J6).................. EUR 6 000 4.6250 % Westpac Banking Corp. 08/14.03.11 MTN (XS0352626443).............. EUR 5 000 5 000 1.0860 % WL BANK 06/19.05.11 MTN ÖPF R.491 (DE000A0JFC63)............. EUR 53 500 Unlisted securities Interest-bearing securities 1.5640 % BPCE 11/12.09.12 Tr.3 MTN (FR0011027002)................... EUR 20 000 20 000 0.0000 % Crédit Agricole 03.06.11 CD (FR0119371021)................... EUR 25 000 25 000 0.0000 % DZ PRIVATBANK 26.04.11 Tr.20 (XS0584528821)................... EUR 33 000 33 000 0.0000 % ENEL Finance International 28.02.11 (XS0576077340)................... EUR 80 000 80 000 1.7690 % HSBC Bank 11/08.04.13 MTN (XS0607044574)................... EUR 30 000 30 000 2.2840 % KA Finanz 06/20.09.16 MTN (XS0267751245)................... EUR 15 000 0.0000 % RWE 29.03.11 (XS0522485746)...... EUR 44 000 0.0000 % Tesco 09.02.11 (XS0558183397)...... EUR 32 000 14

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 sell currencies USD/EUR EUR 297 241 Securities loans (total transactions, at the value agreed at the closing of the loan contract) Value ( 000) Perpetual EUR 2 847 991 (Security description: 2.2850 % ABN AMRO Bank 10/03.02.12 MTN, 1.5520 % Bank of America 07/05.02.14 MTN, 2.1490 % Banque Fédérative Crédit Mut. 11/24.01.13 MTN, 1.0240 % Bayerische Landesbank 04/20.03.11 MTN, 0.9980 % Bayerische Landesbank 08/31.03.11 HPF S.0033. 1.3200 % Berlin 10/16.01.12 LSA S.294. 1.6780 % BNP Paribas 11/28.03.12 MTN, 1.4620 % BPCE 09/08.06.11 MTN, 1.4570 % Cie. Financement Foncier 10/19.01.12 MTN PF, 1.3940 % Citigroup 06/12.01.12 MTN, 1.4060 % Crédit Agricole (London Br.) 07/27.04.12 MTN, 1.6640 % Credit Foncier de France 10/11.06.12 MTN, 1.3910 % Deutsche Hypothekenbank04/19.08.11 ÖPF MTN S.41. 1.3550 % Deutsche Hypothekenbank 09/06.07.11 ÖPF MTN, 1.5190 % Deutsche Hypothekenbank 11/10.08.12 MTN HPF S.290. 2.4020 % Dexia Banque Int. Luxembourg 09/21.09.12 MTN, 3.5000 % Dexia Kommunalbank 04/15.04.11 E.1273 ÖPF, 1.4240 % Dexia Kommunalbank 06/23.08.11 E.1459 ÖPF, 1.0970 % DnB NOR Bank 06/11.04.11 MTN, 1.5340 % DnB NOR Bank 06/22.11.11 MTN, 3.5000 % France B.T.A.N. 05/12.07.11. 3.0000 % France B.T.A.N. 06/12.01.11. 4.3750 % GE Capital European Funding 07/30.03.11 MTN, 1.2500 % Germany 09/11.03.11 BSA, 1.5000 % Germany BS 09/10.06.11. 1.4340 % Hamburg 10/26.11.12 LSA S.20. 1.2790 % Intesa Sanpaolo 04/10.05.11 MTN, 1.6320 % Intesa Sanpaolo 10/19.01.12 MTN, 0.0000 % Italy 10/29.04.11. 1.3650 % L-Bank B-W-Förderbank 10/02.05.12 S.5371 IHS MTN, 1.5910 % LB Baden-Württemberg 04/24.09.12 R.230 IHS, 1.4430 % LB Baden-Württemberg 05/30.11.11 S.461 MTN, 1.3990 % LB Hessen-Thüringen 05/24.01.12 S.H157 IHS MTN, 1.6890 % LB Hessen-Thüringen 09/04.07.11 IHS, 1.6940 % LB Hessen-Thüringen 10/18.06.12 S.H220 IHS MTN, 1.5810 % LB Hessen-Thüringen 10/30.03.12 E.0509B/025 ÖPF, 1.7210 % Münchener Hypothekenbk. 09/15.12.11 MTN IHS S.1371. 1.3740 % Münchener Hypothekenbk. 09/16.06.11 MTN PF S.1282. 1.7140 % Münchener Hypothekenbk. 10/11.06.12 MTN, 1.6160 % Norddt. Landesbank 04/24.09.12 IHS MTN, 1.3070 % Norddt. Landesbank 07/15.10.14 S.1237 ÖPF, 1.4890 % Nordea Bank 09/04.01.12 MTN, 4.2500 % Nordea Hypotek 08/20.04.11 PF MTN, 0.9780 % Nordrhein-Westfalen 08/08.03.11 LSA R.843. 1.7780 % Nordrhein- Westfalen 09/19.08.11 LSA R.912. 1.6760 % NRW.BANK 09/18.11.11 A.11Q IHS, 1.5730 % Rabobank 10/11.05.12 MTN, 1.6200 % Rabobank 11/14.01.13 MTN, 1.6110 % Royal Bank of Scotland 06/30.01.17 MTN, 1.1220 % Santander International Debt 06/23.03.11 MTN, 1.7520 % Societé Générale 09/21.12.11 MTN, 1.1150 % Toyota Motor Finance [Netherlands] 10/14.04.11 MTN, 1.4850 % Wells Fargo & Co. 06/01.08.11 MTN, 1.5690 % Wells Fargo Bank 06/19.09.11 MTN, 1.0860 % WL BANK 06/19.05.11 MTN ÖPF R.491. 1.4920 % WL BANK 09/16.12.11 MTN ÖPF R.610. 1.5350 % WL BANK 09/24.08.12 R.592 ÖPF, 1.5250 % WL BANK 10/15.09.11 MTN IHS R.183. 0.9858 % Royal Bank of Scotland 05/29.09.15 MTN) Securities repurchase agreements (total transactions, at the value agreed at the closing of the repurchase agreements) Value ( 000) Purchased under repurchase agreements EUR 38 062 408 (Underlyings: Austria 04/15.07.20 MTN 144a, Austria 06/15.09.16 MTN 144a, Austria 06/15.09.21 MTN 144a, Austria 07/15.09.17 MTN 144a, Austria 10/20.02.17 MTN 144a, Baden-Württemberg 05/14.01.15 R.64 LSA, Bank Nederlandse Gemeenten 01/04.07.11 MTN, Bank Nederlandse Gemeenten 02/13.09.12 MTN, Bank Nederlandse Gemeenten 03/04.07.13 MTN, Bank Nederlandse Gemeenten 04/15.07.14 MTN, Bank Nederlandse Gemeenten 05/01.06.15 MTN, Bank Nederlandse Gemeenten 06/15.04.11 MTN, Bank Nederlandse Gemeenten 06/16.12.13 MTN, Bank Nederlandse Gemeenten 06/28.06.16 MTN, Bank Nederlandse Gemeenten 07/15.02.12 MTN, Bank Nederlandse Gemeenten 08/14.03.14 MTN, Bank Nederlandse Gemeenten 08/21.02.13 MTN, Bank Nederlandse Gemeenten 09/04.11.19 MTN, Bank Nederlandse Gemeenten 09/15.01.15 MTN, Bank Nederlandse Gemeenten 10/01.09.20 MTN, Bank Nederlandse Gemeenten 10/14.01.20 MTN, Bank Nederlandse Gemeenten 10/14.07.15 MTN, Bank Nederlandse Gemeenten 10/15.11.17 MTN, Bank Nederlandse Gemeenten 10/30.03.17 MTN, Bank Nederlandse Gemeenten 11/18.01.16 MTN, Bank Nederlandse Gemeenten 11/23.05.14 MTN, Bank Nederlandse Gemeenten 11/26.05.23 MTN, Bank Nederlandse Gemeenten 98/05.06.13 MTN, Bayern 02/26.06.12 S.96 LSA, Bayern 05/21.01.13 S.101 LSA, Bayern 06/16.01.14 S.102 LSA, Bayern 07/16.01.17 S.103 LSA, Bayern 09/11.05.12 S.114 LSA, Bayern 09/27.01.16 S.108 LSA, Bayern 11/17.01.18 Ser.120 LSA, Berlin 01/12.04.11 A.108 LSA, Berlin 03/11.06.13 A.159 LSA, Berlin 05/14.09.15 A.204 LSA, Berlin 05/15.01.14 A.206 LSA, Berlin 05/23.03.15 A.196 LSA, Berlin 07/26.06.17 A.230 LSA, Berlin 09/09.04.13 A.267 LSA, Berlin 09/13.02.14 A.264 LSA, Berlin 11/29.03.16 IHS S.336. Brandenburg 03/20.02.13 R.143 LSA, Brandenburg 05/26.01.15 LSA, Bundesländer 09/07.10.19 No.32 LSA, Bundesländer 10/02.06.15 No.34 LSA, Caisse d'amort. de la Dette Soc. 11/25.04.23 MTN, Caisse d'amortism. Dette Soc. 02/25.07.11 INFL, Caisse d'amortism. Dette Soc. 04/25.07.19 INFL, Caisse d'amortism. Dette Soc. 04/25.10.14 MTN, Caisse d'amortism. Dette Soc. 04/25.10.19. Caisse d'amortism. Dette Soc. 05/25.04.13 MTN, Caisse d'amortism. Dette Soc. 05/25.04.15. Caisse d'amortism. Dette Soc. 05/25.10.20. Caisse d'amortism. Dette Soc. 06/25.04.16 MTN, Caisse d'amortism. Dette Soc. 06/25.07.17 MTN INFL, Caisse d'amortism. Dette Soc. 06/25.10.21 MTN, Caisse d'amortism. Dette Soc. 07/25.04.17 MTN, Caisse d'amortism. Dette Soc. 08/04.09.13 MTN, Caisse d'amortism. Dette Soc. 09/15.01.15. Caisse d'amortism. Dette Soc. 09/25.04.12 MTN, Caisse d'amortism. Dette Soc. 09/25.04.20 MTN, Caisse d'amortism. Dette Soc. 10/25.04.21 MTN, Caisse d'amortism. Dette Soc. 10/25.10.21 MTN, Caisse d'amortism. Dette Soc. 11/07.03.18 MTN, Caisse d'amortism. Dette Soc. 11/25.02.16 MTN, Caisse d'amortism. Dette Soc. 11/25.04.23 MTN, Caisse d'amortism. Dette Soc. 11/25.07.21 INFL, Caisse d'amortism. Dette Soc. 98/25.10.12. Caisse d'amortism. Dette Soc. 99/25.07.13 INFL, Council of Europe Dev. Bank 10/13.07.20 MTN, EFSF 11/18.07.16 MTN, EURO-FIMA 01/17.09.14 MTN, EUROFIMA 04/21.10.19 MTN, EURO-FIMA 09/27.10.21 MTN, European Community 08/09.12.11 MTN, European Community 09/03.04.14 MTN, European Community 09/06.04.16 MTN, European Community 09/07.11.14 MTN, European Community 09/27.01.15 MTN, European Community 10/10.05.19 MTN, European Community 10/22.09.17 MTN, European Community 11/03.06.16 MTN, European Community 11/04.04.18 MTN, European Community 11/04.06.21 MTN, European Community 11/04.12.15 MTN, European Investment Bank 02/15.10.12. European Investment Bank 03/15.10.13 MTN, European Investment Bank 04/15.04.20 MTN, European Investment Bank 05/15.10.15 MTN, 15

DWS Institutional Money plus Securities repurchase agreements (total transactions, at the value agreed at the closing of the repurchase agreements) Value ( 000) European Investment Bank 06/12.12.11 MTN, European Investment Bank 06/15.10.11 MTN, European Investment Bank 06/15.10.16 MTN, European Investment Bank 07/15.04.13 MTN, European Investment Bank 07/15.04.24 MTN, European Investment Bank 07/15.10.14 MTN, European Investment Bank 07/15.10.17 MTN, European Investment Bank 08/15.04.11 MTN, European Investment Bank 08/15.04.15 MTN, European Investment Bank 08/30.06.14 MTN, European, Investment Bank 09/09.01.15 MTN, European Investment Bank 09/15.01.20 MTN, European Investment Bank 09/15.04.12 MTN, European Investment Bank 09/15.04.14 MTN, European Investment Bank 09/15.04.16 MTN, European Investment Bank 09/15.04.19 MTN, European Investment Bank 09/15.10.25 MTN, European Investment Bank 09/27.01.17 MTN, European Investment Bank 10/03.03.17 MTN, European Investment Bank 10/15.01.14 MTN, European Investment Bank 10/15.01.15 MTN, European Investment Bank 10/15.01.16 MTN, European Investment Bank 10/15.03.16 MTN, European Investment Bank 10/15.03.18 MTN, European Investment Bank 10/15.04.30 MTN, European Investment Bank 10/15.07.15 MTN, European Investment Bank 10/16.09.19 MTN, European Investment Bank 10/28.09.22 MTN, European Investment Bank 11/15.01.14 MTN, European Investment Bank 11/15.01.21 MTN, European Investment Bank 11/27.07.16 MTN, European Investment Bank 97/17.02.17. Eurpoean Investment Bank 11/15.07.16 MTN, Finland 08/04.07.19. Finland 09/04.07.25. Finland 10/15.04.16. Finland 11/15.04.21. France 09/25.04.29 Strip, France B.T.A.N. 07/12.07.12. France B.T.A.N. 09/12.01.14. France B.T.A.N. 10/12.07.15. France B.T.A.N. 10/15.01.15. France B.T.A.N. 10/20.09.12. France O.A.T. 00/25.10.11. France O.A.T. 00/25.10.16. France O.A.T. 01/25.04.12. France O.A.T. 01/25.07.12 INFL, France O.A.T. 01/25.10.12. France O.A.T. 02/25.04.13. France O.A.T. 02/25.10.13. France O.A.T. 03/25.04.19. France O.A.T. 03/25.07.11 INFL, France O.A.T. 04/25.07.15 INFL, France O.A.T. 04/25.07.20 INFL, France O.A.T. 05/25.04.21. France O.A.T. 05/25.07.17 INFL, France O.A.T. 05/25.10.15. France O.A.T. 06/25.04.16. France O.A.T. 06/25.10.17. France O.A.T. 06/25.10.23. France O.A.T. 07/25.04.18. France O.A.T. 08/25.07.23 INFL, France O.A.T. 08/25.10.18. France O.A.T. 09/25.07.22 INFL, France O.A.T. 09/25.10.18. France O.A.T. 09/25.10.20. France O.A.T. 09/25.10.23. France O.A.T. 10/25.04.26. France O.A.T. 10/25.07.19 INFL, France O.A.T. 10/25.07.27 INFL, France O.A.T. 89/25.10.19 Tr.3. France O.A.T. 92/25.04.22. France O.A.T. 92/25.04.23. France O.A.T. 93/25.10.25. France O.A.T. 97/25.04.29. France O.A.T. 99/25.07.29 INFL, Germany 00/04.01.30. Germany 05/04.01.16. Germany 06/04.01.17. Germany 06/04.07.16. Germany 06/08.04.11 S.148 BO, Germany 06/15.04.16 INFL, Germany 07/04.01.18. Germany 07/04.07.17 A.II, Germany 07/13.04.12 S.150 BO, Germany 07/15.04.13 INFL, Germany 08/04.01.19. Germany 08/11.10.13 S.153 BO, Germany 09/04.01.20 Ser.09. Germany 09/04.07.19. Germany 09/11.04.14 S.154 BO, Germany 10/09.10.15 Ser.158. Germany 10/14.09.12. Germany 10/15.06.12. Germany 10/16.03.12. Germany 11/04.07.21. Germany 11/08.04.16 S.160 BO, Germany 11/14.06.13. Germany 11/15.04.18 INFL, Germany 11/26.02.16. Germany 86/20.06.16 A.II, Germany 94/04.01.24. Germany 97/04.01.17 Coupons, Germany 97/04.01.18 Coupons, Germany 97/04.01.19 Coupons, Germany 97/04.01.20 Coupons, Germany 97/04.01.21 Coupons, Germany 97/04.01.22 Coupons, Germany 97/04.01.23 Coupons, Germany 97/04.01.24 Coupons, Germany 97/04.07.17 Coupons, Germany 97/04.07.18 Coupons, Germany 97/04.07.19 Coupons, Germany 97/04.07.22 Coupons, Germany 97/04.07.24 Coupons, Germany 97/04.07.25 Coupons, Germany 97/04.07.27. Germany 98/04.01.25 Coupons, Germany 98/04.01.28. Germany 98/04.07.28 A.II, Hessen 00/04.01.11 S.3 LSA, Hessen 01/04.01.12 S.3 LSA, Hessen 02/04.01.13 S.7 LSA, Hessen 03/10.03.15 S.2 LSA, Hessen 04/05.01.15 S.4 LSA, Hessen 04/07.04.14 S.1 LSA, Hessen Securities repurchase agreements (total transactions, at the value agreed at the closing of the repurchase agreements) Value ( 000) 05/04.01.16 S.4 LSA, Hessen 05/14.10.15 S.7 LSA, Hessen 05/25.01.17 S.1 LSA, Hessen 09/04.05.12 S.6 LSA, Hessen 09/13.05.14 S.7 LSA, Hessen 10/10.03.20 LSA S.1005. Hessen 10/16.06.15 LSA, Hessen 10/22.09.20 LSA, Int. Bank for Rec. and Developm. 09/20.05.19 MTN, KfW 01/04.07.11. KfW 02/04.07.12. KfW 03/04.07.13. KfW 04/04.07.14. KfW 05/04.07.15. KfW 07/04.01.23. KfW 07/04.07.17. KfW 07/12.10.12. KfW 08/04.07.18. KfW 08/08.04.11. KfW 08/11.10.13. KfW 08/16.01.12. KfW 09/04.07.16 IHS, KfW 09/05.12.11 MTN, KfW 09/09.07.13 MTN, KfW 09/12.08.15 MTN, KfW 09/16.07.13 MTN, KfW 09/21.01.19. KfW 09/21.05.12. KfW 09/25.02.14. KfW 09/31.01.11 MTN, KfW 09/31.07.13 MTN, KfW 10/04.08.14 MTN, KfW 10/10.04.15. KfW 10/16.11.15 IHS, KfW 10/17.06.13. KfW 10/20.01.20. KfW 10/21.09.17 MTN, KfW 10/23.03.12. KfW 10/30.11.15 MTN, KfW 11/08.04.16 IHS, KfW 11/11.04.14 IHS, KfW 11/15.06.18. KfW 11/18.01.21. KfW 11/26.01.17. KfW 98/17.06.13. KfW 98/22.01.18 R.213 IHS, Landwirtsch. Rentenbank 07/14.03.12 S.854 MTN, Landwirtsch. Rentenbank 07/27.11.17 S.893 MTN, Landwirtsch. Rentenbank 08/12.04.13 S.907 MTN, Landwirtsch. Rentenbank 09/11.02.16 S.947 MTN, Landwirtsch. Rentenbank 09/12.03.14 S.951 MTN, Landwirtsch. Rentenbank 10/15.06.15 S.1013 MTN,Nederland 92/15.01.18 Strip, Netherlands 04/15.07.14. Netherlands 05/15.01.30 Coupons, Netherlands 06/15.01.23. Netherlands 06/15.07.16. Netherlands 09/15.01.12. Netherlands 11/15.07.21. Nordic Investment Bank 09/08.04.14 MTN, Nordrhein-Westfalen 01/04.07.11 R.374 LSA, Nordrhein-Westfalen 04/15.02.12 LSA, Nordrhein-Westfalen 05/03.03.17 LSA R.627. Nordrhein-Westfalen 05/16.11.15 LSA R.700. Nordrhein-Westfalen 07/08.03.12 LSA MTN, Nordrhein-Westfalen 07/13.03.09 LSA R.782. Nordrhein- Westfalen 07/14.02.14 LSA R.776. Nordrhein-Westfalen 07/15.02.18 LSA R.819. Nordrhein-Westfalen 07/15.08.12 LSA R.808. Nordrhein-Westfalen 07/24.08.12 LSA R.814. Nordrhein- Westfalen 07/29.04.22 LSA R.790. Nordrhein-Westfalen 09/30.01.12 LSA R.906. Nordrhein-Westfalen 10/14.02.13. Nordrhein-Westfalen 10/15.10.15. Nordrhein-Westfalen 10/15.12.14 LSA R.1025. Nordrhein-Westfalen 10/30.06.15 MTN LSA R.1049. Nordrhein-Westfalen 98/29.01.18 LSA R.332. Nordrhein-Westfalen, Land 06/28.02.12 MTN, Oesterreichische Kontrollbank 06/15.09.16 MTN, Oesterreichische Kontrollbank 07/21.02.12 MTN, Oesterreichische Kontrollbank 08/10.12.13 MTN, Oesterreichische Kontrollbank 09/28.04.14 MTN, Sachsen Anhalt 08/22.04.13 A.12 LSA, Sachsen-Anhalt 02/28.03.12 LSA, Sachsen-Anhalt 04/28.02.14 A.19 LSA, Sachsen-Anhalt 06/10.05.16 MTN LSA S.66. Sachsen-Anhalt 06/26.09.16 Jumbo LSA, Sachsen-Anhalt 07/11.09.17 Jumbo LSA, Sachsen-Anhalt 11/06.04.21 A.13 LSA, Soc. Fin. Eco. Française 08/24.11.11. Soc. Fin. Eco. Française 09/07.04.14. Soc. Fin. Eco. Française 09/10.02.11. Soc. Fin. Eco. Française 09/10.03.12. Soc. Fin. Eco. Française 09/16.01.14. Soc. Fin. Eco. Française 09/20.05.12. Soc. Fin. Eco. Française 09/30.06.14 MTN, Unedic 09/03.12.12. Union Natle Interp.Em.Com.Ind. 11/31.03.14) 16

DWS Institutional USD Money plus Investment portfolio June 30, 2011 Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR Securities traded on an exchange 198 389 473.06 52.07 Interest-bearing securities 2.0850 % Chapel 03/17.11.64 S.1 Cl.A (XS0179679328)...................... EUR 3 000 % 90.0000 1 337 910.80 0.35 1.5320 % Deutsche Bank 07/19.04.12 (XS0294497671)...................... EUR 10 000 % 99.7000 14 444 735.40 3.79 1.5340 % DnB NOR Bank 06/22.11.11 MTN (XS0275670023)...................... EUR 4 500 4 500 % 100.0400 6 522 297.88 1.71 1.6520 % ING Bank 11/18.01.12 MTN (XS0579762849)...................... EUR 5 000 5 000 % 99.8690 7 234 610.23 1.90 1.5910 % LB Baden-Württemberg 04/24.09.12 R.230 IHS (DE000LBW14R9)............ EUR 1 200 % 99.6500 1 732 498.96 0.45 1.6160 % Norddt. Landesbank 04/24.09.12 IHS MTN (XS0200870565)...................... EUR 3 800 % 100.0250 5 506 892.38 1.45 2.1760 % Société Générale 08/18.08.11 MTN (XS0382730272)...................... EUR 5 200 5 200 % 100.0510 7 537 706.27 1.98 1.6260 % Unicredit 11/18.08.11 MTN (XS0591786446)...................... EUR 5 000 5 000 % 100.0000 7 244 100.00 1.90 0.3365 % Arran Res. Mtge. F. No.2 06/20.09.56 Cl.A3B 144a (US042707AH25)........... USD 5 000 % 99.7130 4 985 650.05 1.31 0.3215 % Banque Fédérative Crédit Mut. 06/20.09.11 MTN (XS0267589801)........ USD 9 000 % 99.8720 8 988 480.00 2.36 0.5755 % Barclays Bank 07/17.10.12 MTN (XS0326471892)...................... USD 5 000 5 000 % 99.6800 4 984 000.00 1.31 0.6926 % BNP Paribas 10/08.04.13 MTN (US05567LH757)...................... USD 5 328 5 328 % 98.9460 5 271 842.88 1.38 1.1895 % BNP Paribas 11/10.01.14 (US05567LS572).. USD 6 000 6 000 % 98.9880 5 939 280.00 1.56 1.0238 % Cie. Financement Foncier 10/23.07.12 PF MTN 144a (US20428AAB52).......... USD 4 400 4 400 % 100.5075 4 422 330.00 1.16 0.6075 % Danske Bank 09/24.05.12 MTN Reg S (XS0436664105)...................... USD 5 000 % 100.1870 5 009 350.00 1.31 1.0605 % Deutsche Bank 04/17.02.15 MTN (XS0198456054)...................... USD 5 000 % 97.5000 4 875 000.00 1.28 0.7780 % Deutsche Hypothekenbank 10/15.07.11 MTN HPF (DE000DHY2667)............. USD 5 000 % 99.9975 4 999 875.00 1.31 0.0000 % Dexia Credit Local 09.08.11 (FR0119582791)...................... USD 7 000 7 000 % 99.9791 6 998 537.00 1.84 0.6545 % Erste Abwicklungsanstalt 11/01.10.12 MTN IHS (XS0610412495).............. USD 5 000 5 000 % 100.0400 5 002 000.00 1.31 0.6814 % HSBC Bank 11/15.05.13 MTN 144a (US44328MAM64)..................... USD 2 860 2 860 % 99.9500 2 858 570.00 0.75 0.4250 % HSH Nordbank 05/17.03.15 IHS (DE000HSH0G91)..................... USD 5 000 % 91.5550 4 577 750.00 1.20 0.2588 % LB Baden-Württemberg 05/07.10.11 Ser.990 ÖPF (DE000LBW3NN6).......... USD 5 000 % 100.3500 5 017 500.00 1.32 0.6988 % LB Hessen-Thüringen 11/24.01.13 H230 MTN ÖPF (XS0580360724).............. USD 7 000 7 000 % 99.9350 6 995 450.00 1.84 0.5030 % Lunar Funding V/LBBW 05/03.04.12 S.9 MTN (XS0208871250)............... USD 1 900 % 98.4300 1 870 170.00 0.49 0.7726 % National Australian Bank 10/08.01.13 MTN (US6325C0BA86)...................... USD 2 600 2 600 % 99.8190 2 595 294.00 0.68 0.3505 % Natixis 06/18.07.11 MTN (FR0010348649).. USD 5 000 % 100.0050 5 000 250.00 1.31 0.4789 % Nederlandse Waterschapsbank 10/01.03.13 MTN (XS0491008768)........ USD 7 480 7 480 % 100.0910 7 486 806.80 1.96 0.5233 % NRW.BANK 10/01.02.13 MTN (DE000NWB25A7)..................... USD 3 000 3 000 % 100.1040 3 003 120.00 0.79 0.7085 % NRW.BANK 10/21.05.13 MTN (XS0511754508)...................... USD 3 000 3 000 % 100.4360 3 013 080.00 0.79 0.7286 % RAMS Mtge. Securities 03/11.08.34 S.1E Cl.1A (XS0174142165).................. USD 2 000 % 98.7000 67 930.41 0.02 2.9458 % Regal/DB Bank Capital 99/30.06.14 MTN S.17 (XS0095395819).............. USD 18 500 % 100.0000 18 500 000.00 4.85 0.5608 % Royal Bank of Scotland 04/14.10.16 MTN (XS0202629407)...................... USD 5 000 % 85.7500 4 287 500.00 1.13 0.9518 % Royal Bank of Scotland 05/09.03.15 (XS0213858243)...................... USD 2 300 % 88.5000 2 035 500.00 0.53 0.9895 % Royal Bank of Scotland 06/11.04.16 MTN (XS0250214797)...................... USD 6 000 % 86.7500 5 205 000.00 1.37 0.3953 % Siemens Financieringsmaatsch. 06/16.03.12 MTN (XS0247658494)........ USD 6 000 % 99.9980 5 999 880.00 1.57 1.2485 % Svenska Handelsbanken 09/14.09.12 Reg S MTN (US86959NAC39)............ USD 5 000 5 000 % 100.7355 5 036 775.00 1.32 0.3475 % Total Capital Canada 11/13.05.13 (US89153UAC53)...................... USD 1 800 1 800 % 100.1000 1 801 800.00 0.47 17

DWS Institutional USD Money plus Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR Securities that are admitted or included in organized markets 30 579 189.50 8.02 Interest-bearing securities 0.3156 % American Express Bank FSB 07/29.05.12 MTN (US02580EBV48)................. USD 4 000 % 99.7290 3 989 160.00 1.05 0.5353 % Dexia Crédit Local 10/12.01.12 144a (US25214BAD64)...................... USD 6 000 6 000 % 99.7590 5 985 540.00 1.57 0.4095 % General Electric Capital 07/10.04.12 MTN (US36962G2M58)..................... USD 4 500 % 100.0365 4 501 642.50 1.18 1.2970 % ING Bank 11/15.03.13 Reg S (USN3113TAP41)...................... USD 4 800 4 800 % 100.2335 4 811 208.00 1.26 0.7726 % National Australia Bank 10/08.01.13 MTN (US6325C1BA69)...................... USD 2 290 2 290 % 100.0700 2 291 603.00 0.60 0.4568 % Sun Life Financial GLB 06/06.07.11 MTN 144a Cl.3C7 (US86679WAA62)........... USD 9 000 % 100.0004 9 000 036.00 2.36 Unlisted securities 89 944 804.50 23.60 Interest-bearing securities 0.0000 % ABN AMRO Bank 06.09.11 CD (FR0119616771)...................... USD 9 000 9 000 % 99.9542 8 995 878.00 2.36 0.2640 % Bayerische Landesbank 05/20.06.12 MTN (US0727G0CZ15)...................... USD 5 000 % 98.9330 4 946 650.00 1.30 0.0000 % Bayerische Landesbank 07.09.11 (XS0635882458)...................... USD 7 000 7 000 % 99.9476 6 996 332.00 1.84 0.0000 % BMW 31.08.11 (XS0633013619).......... USD 10 000 10 000 % 99.9604 9 996 040.00 2.62 0.0000 % Bremer Landesbank Kreditanstalt 07.07.11 (XS0616448063)...................... USD 7 500 7 500 % 99.9992 7 499 940.00 1.97 0.0000 % DZ Privatbank 30.09.11 (XS0644403064)... USD 10 000 10 000 % 99.9251 9 992 510.00 2.62 0.0000 % FMS Wertmanagement 26.08.11 (XS0622705357)...................... USD 5 000 5 000 % 99.9579 4 997 895.00 1.31 1.2085 % HSBC Bank 09/21.05.12 MTN (XS0425689378)...................... USD 5 500 5 500 % 100.6615 5 536 382.50 1.45 0.7748 % Intesa Sanpaola 10/19.01.12 S.YCD (US46115LUQ93)...................... USD 5 000 % 99.7050 4 985 250.00 1.31 0.0000 % KBC Bank 06.07.11 (BE6218487112)...... USD 7 000 7 000 % 99.9996 6 999 972.00 1.84 0.0000 % Münchener Hypothekenbank 21.07.11 (DE000MHB1BC6)..................... USD 8 000 8 000 % 99.9920 7 999 360.00 2.10 0.4238 % Société Générale 27.01.12 CD (FR0119278846)...................... USD 6 000 6 000 % 100.0000 6 000 000.00 1.57 0.0000 % UBS (London Branch) 18.08.11 (XS0559618169)...................... USD 5 000 5 000 % 99.9719 4 998 595.00 1.31 Total securities portfolio 318 913 467.06 83.69 Derivatives Minus signs denote short positions Currency derivatives -835 101.78-0.22 Currency futures (short) Open positions EUR/USD 35.60 million........................... -835 101.78-0.22 Cash at bank 63 344 614.93 16.62 Demand deposits at Custodian USD deposits.................................. USD 63 190 123.91 % 100 63 190 123.91 16.58 Deposits in EU/EEA currencies..................... USD 154 491.02 % 100 154 491.02 0.04 18

DWS Institutional USD Money plus Count/ Quantity/ Purchases/ Sales/ Total market % of Description currency principal additions disposals Market price value in net assets ( / 000) amount in the reporting period EUR Other assets 296 437.57 0.08 Interest receivable.............................. USD 296 437.57 % 100 296 437.57 0.08 Other liabilities USD -655 645.67 % 100-655 645.67-0.17 Net assets 381 063 772.11 100.00 Net asset value per share 12 335.14 Number of shares outstanding 30 892.532 Negligible rounding errors may have arisen due to the rounding of calculated percentages. Exchange rates (indirect quotes) As of June 30, 2011 Euro.......................... EUR 0.690217 = USD 1 Security prices and market rates The fund s assets are valued on the basis of the last known prices/market rates. The fund s assets are partially invested in products for which there was no liquid market as of the reporting date due to the financial market crisis. The valuation was therefore carried out with estimated current values based on indicative broker quotations or valuation models. 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 1.3690 % ABN AMRO Bank 10/11.02.11 MTN (XS0486207102)................... EUR 5 000 1.1970 % Barclays Bank 10/28.01.11 MTN (XS0482880902)................... EUR 5 000 2.2000 % Skandinaviska Enskilda Banken 09/08.02.11 MTN (XS0444236854).... EUR 4 000 0.0000 % Spain 10/21.04.11 (ES0L01104212).... EUR 4 000 4 000 0.4105 % American Express Travel Rel. Ser. 06/01.06.11 MTN (XS0256321687).... USD 10 500 0.3531 % Bank of Scotland 06/26.04.11 MTN (XS0252333017)................... USD 4 410 7 655 1.0895 % BNP Paribas 09/15.06.11 MTN (XS0433734984)................... USD 10 000 0.3590 % Crédit Agricole (London Br.) 06/22.06.11 MTN (XS0257755032).... USD 10 100 0.5353 % Dexia Crédit Local 10/12.01.12 Reg S (XS0477137490)................... USD 3 000 6 000 0.7085 % NRW. Bank 10/21.05.13 MTN (XS0605526812)................... USD 3 000 3 000 0.6434 % Perpetual Trustee 04/03.03.35 S.Apollo (XS0187216519)........... USD 4 000 0.9858 % Royal Bank of Scotland 05/29.09.15 MTN (XS0223318501).............. USD 5 000 0.3641 % Santander UK 06/19.01.11 MTN (XS0240286749)................... USD 10 000 0.6290 % Swedbank Hypotek 10/22.06.11 MTN PF (XS0517781893)........... USD 5 000 0.9044 % Commonwealth Bank Australia 08/02.05.11 MTN (XS0361890709).... USD 5 000 0.0000 % DZ PRIVATBANK 30.06.11 Tr.46 (XS0598277316)................... USD 10 000 10 000 0.0000 % KBC Bank 06.04.11 (BE6214328237).. USD 7 000 7 000 0.0000 % Münchener Hypothekenbk. 21.04.11 (DE000MHB80C1)......... USD 4 000 4 000 0.0000 % Natixis 13.04.11 CD (FR0119239475).. USD 5 000 5 000 0.0000 % Norddt. Landesbank 07.04.11 Tr.1230 (XS0576525439)................... USD 7 500 7 500 0.0000 % Pohjola Pankki 07.06.11 CD (XS0567532816)................... USD 8 000 8 000 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 purchase currencies EUR/USD USD 11 798 Futures contracts to sell currencies EUR/USD USD 53 190 Unlisted securities Interest-bearing securities 0.0000 % Bank Nederlandse Gemeenten 07.03.11 (XS0557644845)........... USD 10 000 0.0000 % Bayerische Landesbank 07.06.11 (XS0602803396)................... USD 7 000 7 000 19

DWS Institutional SICAV June 30, 2011 Portfolio composition (in euro) DWS Institutional SICAV DWS Institutional Money plus DWS Institutional USD Money plus *) DWS Institutional Euroland Equities 130/30 Securities portfolio 5,584,355,862.37 4,899,365,939.82 220,119,453.80 6,291,131.79 Derivatives on individual securities - 4,057,021.70 Interest rate derivatives - 128,100.00 Currency derivatives - 3,362,717.77-2,786,316.44-576,401.33 Swaps - 60,526.85-60,526.85 Cash at bank 246,721,646.11 167,654,278.71 43,721,521.60 55,796.68 Repayment claims from securities purchased under repurchase agreements 376,000,000.00 350,000,000.00 Other assets 29,437,998.26 24,055,045.09 204,606.21 23,779.50 Loan liabilities - 1,266,394.87-1,266,394.87 Other liabilities - 12,284,326.21-11,599,924.59-452,537.70-3,321.99 = Net assets 6,215,356,419.35 5,426,628,495.74 263,016,642.59 5,100,991.11 Fiscal six-month period ended June 30, 2011..... USD 1.448820 = EUR 1 **) The portfolio composition of the U.S. dollar-denominated fund, DWS Institutional USD Money plus, was converted into euro at the stated exchange rates. 20

DWS Institutional Euro Government Bonds DWS Institutional Euro Corporate Bonds DWS Institutional Euro Collateralized Bonds DWS Institutional Cash Plus DWS Institutional OptiCash (EUR) DWS Institutional Short Duration Sovereign Fund (AAA) 67,277,731.00 36,428,380.75 67,005,048.69 79,723,373.77 135,164,100.00 72,980,702.75-4,057,021.70-79,800.00-11,250.00-42,900.00 5,850.00 603,323.21 819,795.33 992,692.21 28,336,798.73 4,415,721.66 121,717.98 26,000,000.00 1,465,062.57 661,318.43 1,191,055.75 229,452.67 1,607,678.04-19,639.54-81,896.56-19,290.97-22,271.74-65,925.35-19,517.77 69,246,677.24 37,816,347.95 69,126,605.68 134,267,353.43 135,456,874.61 74,696,431.00 21

Investment Company DWS Institutional SICAV 2, Boulevard Konrad Adenauer L-1115 Luxembourg RC B 38 660 Board of Directors of the Investment Company Klaus-Michael Vogel Chairman Executive Member of the Board of Directors of DWS Investment S.A., Luxembourg Executive Member of the Board of Directors of Deutsche Bank Luxembourg S.A., Luxembourg Manfred Bauer DWS Investment S.A., Luxembourg Michael Koschatzki DWS Investment GmbH, Frankfurt/Main Silvia Wagner Managing Director of DWS Finanz-Service GmbH, Frankfurt/Main Promoter and Management Company Board of Directors of the Management Company Wolfgang Matis (since February 1, 2011) Chairman Managing Director of DWS Investment GmbH, Frankfurt/Main Managing Director of DWS Holding & Service GmbH, Frankfurt/Main Ernst Wilhelm Contzen Executive Member of the Board of Directors der Deutsche Bank Luxembourg S.A., Luxembourg Heinz-Wilhelm Fesser Luxembourg Frank Kuhnke London Klaus-Michael Vogel Executive Member of the Board of Directors Member of the Management of Deutsche Bank Luxembourg S.A., Luxembourg Dorothee Wetzel DWS Investment GmbH, Frankfurt/Main Auditor KPMG Audit S.à r.l. 9. Allée Scheffer L-2520 Luxembourg Custodian State Street Bank Luxembourg S.A. 49. Avenue J. F. Kennedy L-1855 Luxembourg Fund Manager DWS Investment GmbH Mainzer Landstraße 178-190 D-60327 Frankfurt/Main Sales, Information and Paying Agent LUXEMBOURG Deutsche Bank Luxembourg S.A. 2. Boulevard Konrad Adenauer L-1115 Luxembourg DWS Investment S.A. 2, Boulevard Konrad Adenauer L-1115 Luxembourg Capital stock as of December 31, 2010: EUR 240.5 million Jochen Wiesbach Managing Director of DWS Finanz-Service GmbH, Frankfurt/Main Klaus Kaldemorgen (until January 31, 2011) DWS Investment GmbH, Frankfurt/Main Management Company Management Klaus-Michael Vogel Executive Member of the Board of Directors of DWS Investment S.A., Luxembourg Executive Member of the Board of Directors of Deutsche Bank Luxembourg S.A., Luxembourg Manfred Bauer DWS Investment S.A., Luxembourg Markus Kohlenbach (since March 1, 2011) DWS Investment S.A., Luxembourg Doris Marx DWS Investment S.A., Luxembourg Ralf Rauch DWS Investment S.A., Luxembourg Investment Advisor of the fund managers for the sub-fund DWS Institutional Alpha Overlay: QS Investors, LLC 880 Third Avenue New York, NY 10022 United States As of: July 31, 2011

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