Item 77D - DWS LifeCompass Retirement Fund,
DWS LifeCompass 2015 Fund, DWS
LifeCompass 2020 Fund and DWS LifeCompass
2030 Fund (each series of DWS Target Date
Series)

At a meeting held in August 2007, the Board of
Trustees of DWS Target Date Series approved
changes to the investment objective and policies of
the above mentioned funds as follows:

DWS LifeCompass Retirement Fund

Effective November 1, 2007, the fund's current
target asset allocations have been revised to
approximately 35% equity funds and 65% fixed
income funds.  As a result, the investment objective
and strategy of the fund is the following:

The fund seeks current income and, as a secondary
objective, long-term growth of capital. The fund is
designed for investors who are already in retirement
or who plan to retire or begin withdrawing portions
of their investments in the near future. The fund
pursues its investment objective by investing mainly
in other DWS mutual funds. The fund may also
invest in Exchange Traded Funds ("ETFs") when the
desired economic exposure to a particular market or
sector is not available through a DWS fund.

The fund has a target asset allocation, which the
managers use as a reference point in setting the
fund's actual asset allocation. While the actual asset
allocation may vary, the managers expect over the
long term it will average out to be similar to the
target asset allocation.

The managers regularly review the actual asset
allocation and may adjust it based on current or
expected market conditions or to manage risk. In
making their asset allocation decisions, the managers
use a proprietary mix of quantitative and qualitative
inputs to arrive at a view for the securities markets
and segments of those markets. These inputs
include, but are not limited to, return forecasts for
asset classes and investment guidelines. Based on
the desired exposure to particular investments and
thorough risk analysis the managers then decide
which funds to use as underlying funds and in which
proportions.

DWS LifeCompass 2015 Fund

Effective November 1, 2007, the fund's current
target asset allocations have been revised to
approximately 60% equity funds and 40% fixed
income funds.  As a result, the investment objective
and strategy of the fund is the following:

The fund seeks to achieve as high total return as is
consistent with its asset allocation until the target
year. As the fund approaches its target year, the fund
will decrease its emphasis on growth of capital and
increase its emphasis on current income. The fund is
designed for investors seeking to meet their
respective investment goals, such as retirement,
around the year 2015. The fund pursues its
investment objective by investing mainly in other
DWS mutual funds. The fund may also invest in
Exchange Traded Funds ("ETFs") when the desired
economic exposure to a particular market or sector is
not available through a DWS fund.

The fund has a target asset allocation, which the
managers use as a reference point in setting the
fund's actual asset allocation. The target asset
allocation for the fund will change over time based
on the number of years remaining until the target
year, becoming more conservative as the fund
approaches the target year. As the target year
approaches, the fund's target asset allocation will
approach that of the DWS LifeCompass Retirement
Fund (the "Retirement Fund"). Once the fund's
actual asset allocation is similar to that of the
Retirement Fund, the fund may be combined with
the Retirement Fund or another DWS fund offered at
the time.

The fund's target asset allocation may differ from
the fund's actual asset allocation. The managers
periodically review the actual asset allocation and
may adjust it based on the target investment horizon,
current or expected market conditions or to manage
risk. In making their asset allocation decisions, the
managers use a proprietary mix of quantitative and
qualitative inputs to arrive at a view for the
securities markets and segments of those markets.
These inputs include, but are not limited to, return
forecasts for asset classes, target investments
horizon and investment guidelines. Based on the
desired exposure to particular investments and
thorough risk
analysis the managers then decide which funds to
use as underlying funds and in which proportions.

DWS LifeCompass 2020 Fund

Effective November 1, 2007, the fund's current
target asset allocations have been revised to
approximately 70% equity funds and 30% fixed
income funds.  As a result, the investment objective
and strategy of the fund is the following:

The fund seeks to achieve as high total return as is
consistent with its asset allocation until the target
year. As the fund approaches its target year, the fund
will decrease its emphasis on growth of capital and
increase its emphasis on current income. The fund is
designed for investors seeking to meet their
respective investment goals, such as retirement,
around the year 2020. The fund pursues its
investment objective by investing mainly in other
DWS mutual funds. The fund may also invest in
Exchange Traded Funds ("ETFs") when the desired
economic exposure to a particular market or sector is
not available through a DWS fund.

The fund has a target asset allocation, which the
managers use as a reference point in setting the
fund's actual asset allocation. The target asset
allocation for the fund will change over time based
on the number of years remaining until the target
year, becoming more conservative as the fund
approaches the target year. As the target year
approaches, the fund's target asset allocation will
approach that of the DWS LifeCompass Retirement
Fund (the "Retirement Fund"). Once the fund's
actual asset allocation is similar to that of the
Retirement Fund, the fund may be combined with
the Retirement Fund or another DWS fund offered at
the time.

The fund's target asset allocation may differ from
the fund's actual asset allocation. The managers
periodically review the actual asset allocation and
may adjust it based on the target investment horizon,
current or expected market conditions or to manage
risk. In making their asset allocation decisions, the
managers use a proprietary mix of quantitative and
qualitative inputs to arrive at a view for the
securities markets and segments of those markets.
These inputs include, but are not limited to, return
forecasts for asset classes, target investment horizon
and investment guidelines. Based on the desired
exposure to particular investments and thorough risk
analysis the managers then decide which funds to
use as underlying funds and in which proportions.

DWS LifeCompass 2030 Fund

Effective November 1, 2007, the fund's current
target asset allocations have been revised to
approximately 90% equity funds and 10% fixed
income funds.  As a result, the investment objective
and strategy of the fund is the following:

The fund seeks to achieve as high total return as is
consistent with its asset allocation until the target
year. As the fund approaches its target year, the fund
will decrease its emphasis on growth of capital and
increase its emphasis on current income. The fund is
designed for investors seeking to meet their
respective investment goals, such as retirement,
around the year 2030. The fund pursues its
investment objective by investing mainly in other
DWS mutual funds. The fund may also invest in
Exchange Traded Funds ("ETFs") when the desired
economic exposure to a particular market or sector is
not available through a DWS fund.

The fund has a target asset allocation, which the
managers use as a reference point in setting the
fund's actual asset allocation. The target asset
allocation for the fund will change over time based
on the number of years remaining until the target
year, becoming more conservative as the fund
approaches the target year. As the target year
approaches, the fund's target asset allocation will
approach that of the DWS LifeCompass Retirement
Fund (the "Retirement Fund"). Once the fund's
actual asset allocation is similar to that of the
Retirement Fund, the fund may be combined with
the Retirement Fund or another DWS fund offered at
the time.

The fund's target asset allocation may differ from
the fund's actual asset allocation. The managers
periodically review the actual asset allocation and
may adjust it based on the target investment horizon,
current or expected market conditions or to manage
risk. In making their asset allocation decisions, the
managers use a proprietary mix of quantitative and
qualitative inputs to arrive at a view for the
securities markets and segments of those markets.
These inputs include, but are not limited to, return
forecasts for asset classes, target investment horizon
and investment guidelines. Based on the desired
exposure to particular investments and thorough risk
analysis the managers then decide which funds to
use as underlying funds and in which proportions.

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