DWS on Social Media

Information for US residents

Information only / no investment advice or recommendation

Please read the following carefully. The DWS Social Media profiles, pages, and postings (collectively, “DWS Content”) are provided for educational and informational purposes only and should not be considered investment advice or as a solicitation or recommendation of any security, strategy, investment product or service. This information is not tailored to the investment needs of any specific investor and should not be used as the basis for any investment decision. In addition, DWS does not provide legal, tax or accounting advice. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation.

Not all products and services are available in all jurisdictions

DWS Content regarding its U.S. products is intended for U.S. residents only and does not constitute offers to sell, or solicitations of offers to purchase, securities or the provision of any services in any jurisdiction to any person to whom it is not lawful to make such an offer. DWS Content regarding its products not registered for sale in the U.S. does not constitute offers to sell, or solicitations of offers to purchase, securities or the provision of any services by U.S. persons.

Third-party sites / hyperlinks / endorsement

DWS is not affiliated with LinkedIn. DWS is not responsible for the terms of use or privacy or security policies of LinkedIn or any other third-party websites or social media pages. Your use of any third-party sites and materials, including those that may be accessible by hyperlink from DWS Content, is at your own risk. DWS does not expressly or implicitly adopt or endorse any of the content, advertising, products, advice, opinions, recommendations, or other materials on or available from third parties on its social media pages, including content that LinkedIn may publish on their site or on DWS’s social media pages. DWS’s use of "like" pertains only to the comment or post "liked." A “like” is not endorsement of the individual or organization who posted the content, nor a recommendation with respect to any securities, products or services that may be related to or offered by such individual or organization.

Investing risk

Investing involves risk including loss of principal. Past performance does not guarantee future results. Stocks may decline in value. Bond investments are subject to interest-rate, credit, liquidity, and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. Investing in derivatives entails special risks relating to liquidity, leverage and credit that may reduce returns and/or increase volatility. Foreign investing involves greater and different risks than investing in US companies, including currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards. Emerging markets tend to be more volatile and less liquid than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Performance of a fund may diverge from that of an underlying index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. There are additional risks associated with investing in high-yield bonds, aggressive growth stocks, non- diversified/concentrated funds and small- and mid-cap stocks which are more fully explained in the prospectuses, as applicable. An investment in any fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. Please read the applicable prospectus for more information.

Market disruption

War, terrorism, sanctions, economic uncertainty, trade disputes, public health crises, natural disasters and climate change and related geopolitical events have led, and, in the future, may lead to significant disruptions in U.S. and world economies and markets, which may lead to increased market volatility and may have significant adverse effects on the Fund and its investments.

ETF

You cannot invest directly in an index. Shares of ETFs are bought and sold at market price (not NAV) throughout the day on the Fund’s Primary Listing Exchange. There can be no assurance that an active trading market for shares of a fund will develop or be maintained. Transactions in shares of ETFs will result in Brokerage commissions and will generate tax consequences. Shares are not individually redeemable, and owners of Shares may acquire those Shares from the Fund, or tender such Shares for redemption to the Fund, in Creation Units only.

Opinions and forecasts

The comments, opinions and estimates contained within our Corporate DWS social media pages, posts or links are based on or derived from publicly available information from sources that we believe to be reliable. We do not guarantee their accuracy. This material is for informational purposes only and sets forth our views as of the date presented or posted. Past performance or any prediction or forecast is not indicative of future results. Investments are subject to risks, including possible loss of principal amount invested.

Obtain a prospectus

Carefully consider the fund's investment objectives, risk factors, changes, and expenses before investing. This and other information can be found in the fund's prospectus. To obtain a mutual fund summary prospectus, if available, or prospectus, call (800) 728-3337 or download one here. To obtain an ETF prospectus call (855) 329-3837 or download one here. Read the prospectus carefully before investing.

DWS investment products offered through DWS Distributors, Inc. Advisory services offered through DWS Investment Management Americas, Inc. Xtrackers ETFs (“ETFs”) are managed by DBX Advisors LLC (the “Adviser”), and distributed by ALPS Distributors, Inc. (“ALPS”). The Adviser is a subsidiary of DWS Group GmbH & Co. KGaA and is not affiliated with ALPS. Xtrackers is a trademark of DWS Group. All other trademarks, servicemarks or registered trademarks are the property of their respective owners.

NO BANK GUARANTEE | NOT FDIC INSURED | MAY LOSE VALUE

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