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Presentation DWS Floating Rate Fund - DWS Investments

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Responsibilities are delineated; accountability is clear<br />

Full accountability promotes alignment of interests with those of clients<br />

Responsibilities of portfolio construction ti team<br />

Responsibilities of dedicated di d portfolio managers<br />

— Creates model portfolios<br />

— Adopts alpha signals after assessment of<br />

risk, liquidity, capital, transaction costs<br />

— Implements client portfolio, reflecting model<br />

portfolio, in accordance with clients’ risk<br />

profile and guidelines<br />

— Seeks to minimize alpha slippage<br />

Deutsche Asset<br />

& Wealth Management Investment products: No bank guarantee I Not FDIC insured I May lose value 24

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