SUPPLEMENT TO THE CURRENTLY EFFECTIVE SUMMARY PROSPECTUSES
DWS ESG International Core Equity Fund
DWS Small Mid Cap Value VIP
Due to the upcoming retirement of Arno V. Puskar, Portfolio Manager of the fund, the
following information replaces the existing disclosure contained under the “Portfolio Manager(s)” sub-heading under the “MANAGEMENT” heading of each fund’s summary prospectus.
Pankaj Bhatnagar, PhD, Head of Investment Strategy Equity. Portfolio Manager of the fund. Began managing the fund in 2019.
Arno V. Puskar, Senior Portfolio Manager Equity. Portfolio Manager of the fund through May 15, 2024. Began managing the fund in 2019.
Hiten Shah, Portfolio Manager Equity. Portfolio Manager of the fund beginning May 15, 2024.
Please Retain This Supplement for Future Reference
April 8, 2024
PROSTKR24-22
