Risk considerations

Investment involves risks. Past performance is not a reliable indicator of future results. The Sub-Funds may not be suitable for all investors. Prospective investors should carefully read the Hong Kong Prospectus for further details on product features and risks, and should consider seeking independent professional advice in making their assessment.

Terms of Business for Intermediaries

These Terms of Business for Intermediaries are issued by Deutsche Asset Management (UK) Limited or any Group Company (each a “DWS Entity”) in its capacity as a distributor of DWS Products. These Terms set out the basis upon which a DWS Entity permits an Intermediary to make a DWS Product available to the Intermediary’s Client. An Intermediary who: makes a DWS Product available to its Clients; introduces a Client to a DWS Product or otherwise submits business to a DWS Product Issuer on a Client’s behalf; or accepts a payment from a DWS Entity in relation to a DWS Product (whether for historic or new business and where permitted by applicable laws and rules), shall by such actions be deemed to have accepted these Terms.

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