SUWAX Fees and Costs — DWS Core Equity Fund, Class A
Data updated: 2026-08-27
The net expense ratio is 0.82%: a 0.35% management fee, a 0.23% 12b-1 fee plus 0.24% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $763K in broker commissions, 0.0171% of average net assets, and portfolio turnover was 27%.
SUWAX Fees and Expenses
Annual operating expenses and sales charges of SUWAX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.23% |
| Other expenses | 0.24% |
| Gross expense ratio | 0.82% |
| Fee waiver | — |
| Net expense ratio | 0.82% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SUWAX Costs Over Time
On $10,000 invested in SUWAX, assuming 5% a year before costs, total costs come to $1,229 over 5 years, cutting the return by 2.10% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.82%) | $81 | $254 | $441 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $29 | $103 | $204 |
| Total costs | $687 | $937 | $1,229 |
| Value after costs | $9,813 | $10,639 | $11,534 |
| Impact on return, per year | 6.87% | 2.91% | 2.10% |
SUWAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0171%
- Total broker commissions: $763K
- Bought from dealers (principal trades, not a cost): $937.3M
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $35.0M
- Net income from securities lending: $231K (0.005% of average net assets)
SUWAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $349K | 45.72% |
| UBS Securities LLC | $188K | 24.67% |
| Morgan Stanley & Co. LLC | $161K | 21.10% |
| Goldman Sachs & Co. LLC | $36K | 4.78% |
| J.P. Morgan Securities LLC | $19K | 2.45% |
| Citigroup Global Markets Inc. | $10K | 1.29% |
SUWAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $924.7M | 98.65% |
| BMO Capital Markets Corp. | $4.9M | 0.52% |
| J.P. Morgan Securities LLC | $4.8M | 0.51% |
| Morgan Stanley & Co. LLC | $3.0M | 0.32% |
DWS Core Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SUWZX | Class R6 | 0.49% | none |
| SCDGX | Class S | 0.55% | none |
| SUWIX | Institutional Class | 0.58% | none |
| SUWAX | Class A | 0.82% | 5.75% |
| SUWCX | Class C | 1.60% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.