X0101 EFFECT 33 LIVE 2012-03-07 15:30:00

N-14

0000862157 DWS INSTITUTIONAL FUNDS 333-178569 0000862157 DWS INSTITUTIONAL FUNDS S000032010 DWS S&P 500 Index Fund C000099641 Class A 0000088051 DWS VALUE EQUITY TRUST S000006157 DWS S&P 500 Plus Fund C000016972 Class A 0000862157 DWS INSTITUTIONAL FUNDS S000032010 DWS S&P 500 Index Fund C000099641 Class A 0000088051 DWS VALUE EQUITY TRUST S000006157 DWS S&P 500 Plus Fund C000016976 Class R 0000862157 DWS INSTITUTIONAL FUNDS S000032010 DWS S&P 500 Index Fund C000099642 Class B 0000088051 DWS VALUE EQUITY TRUST S000006157 DWS S&P 500 Plus Fund C000016974 Class B 0000862157 DWS INSTITUTIONAL FUNDS S000032010 DWS S&P 500 Index Fund C000099643 Class C 0000088051 DWS VALUE EQUITY TRUST S000006157 DWS S&P 500 Plus Fund C000016975 Class C 0000862157 DWS INSTITUTIONAL FUNDS S000032010 DWS S&P 500 Index Fund C000099644 Class S 0000088051 DWS VALUE EQUITY TRUST S000006157 DWS S&P 500 Plus Fund C000016977 Class S