Form 497 DEUTSCHE DWS GLOBAL/INTE

SUPPLEMENT TO THE CURRENTLY EFFECTIVE STATEMENT OF ADDITIONAL INFORMATION

DWS RREEF Global Infrastructure Fund

The following is added to the disclosure relating to the fund under the “PART I: APPENDIX I-E – SERVICE PROVIDER COMPENSATION” section of the fund’s Statement of Additional Information:

Effective October 1, 2022, the fund pays the Advisor a fee, calculated daily and paid monthly, at the annual rate of 0.900% on the first $1 billion of the fund’s average daily net assets, 0.875% on the next $1 billion of the fund’s average daily net assets, 0.825% on the next $2 billion of the fund’s average daily net assets, 0.775% on the next $2 billion of the fund’s average daily net assets and 0.750% of the fund’s average daily net assets thereafter. Prior to October 1, 2022, the fund paid the Advisor a fee, calculated daily and paid monthly, at the annual rate of 0.900% on the first $2 billion of the fund’s average daily net assets, 0.875% on the next $2 billion of the fund’s average daily net assets, 0.825% on the next $2 billion of the fund’s average daily net assets, 0.775% on the next $2 billion of the fund’s average daily net assets and 0.750% of the fund’s average daily net assets thereafter.

Effective October 1, 2022, the following replaces similar information relating to the fund under the “PART II: APPENDIX II-C — CONTRACTUAL FEE RATES OF SERVICE PROVIDERS” section of the fund’s Statement of Additional Information:

Please Retain This Supplement for Future Reference.

September 26, 2022
SAISTKR22-27

You May Also Be Interested In

• Omdia forecasts strong recovery in large-area display market for 2024, driven by sporting events and innovative production strategies
• South Florida City Launches Groundbreaking Initiative to Reduce Gun Violence and Foster Peace
• Ero Copper Announces Voting Results of Annual General Meeting of Shareholders