UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549



FORM N-CSR



Investment Company Act file number
        811-07507




DWS Investments VIT Funds

(Exact Name of Registrant as Specified in Charter)



Two International Place

Boston, MA  02110

(Address of principal executive offices)             (Zip code)



Registrants Telephone Number, including Area Code:(212) 454-7190



Paul Schubert

345 Park Avenue

New York, NY 10154

(Name and Address of Agent for Service)



Date of fiscal year end:
        12/31




Date of reporting period:
        12/31/07






ITEM 1.REPORT TO STOCKHOLDERS





resvip_coverlogo0

## December 31, 2007

## 

# ANNUAL REPORT

DWS INVESTMENTS VIT FUNDS



DWS RREEF Real Estate Securities VIP



Contents

3     Performance Summary

4      Information About Your Portfolio's Expenses

5        Management Summary

6     Portfolio Summary

7   Investment Portfolio

8        Financial Statements

10       Financial Highlights

11      Notes to Financial Statements

15        Report of Independent Registered Public
Accounting Firm

16        Tax Information

16       Proxy Voting

17        Investment Management Agreement Approval

20        Summary of Management Fee Evaluation by
Independent Fee Consultant

23 Trustees and Officers

Performance SummaryDecember 31, 2007

All performance shown is historical, assumes reinvestment of all dividend and capital gain distributions, and does not
guarantee future results. Investment return and principal value fluctuate with changing market conditions so that, when
redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the
performance data quoted. Please contact your participating insurance company for the Portfolio's most recent month-end
performance. Performance figures for Classes A and B differ because each class maintains a distinct expense structure.
Performance doesn't reflect charges and fees ("contract charges") associated with the separate account that invests in the
Portfolio or any variable life insurance policy or variable annuity contract for which the Portfolio is an investment option. These
charges and fees will reduce returns.

The total annual portfolio operating expense ratios, gross of any fee waivers or expense reimbursements, as stated in the fee
table of the prospectus dated May 1, 2007 are 1.30% and 1.68% for Class A and Class B shares, respectively. Please see the
Information About Your Portfolio's Expenses, the Financial Highlights and Notes to the Financial Statements (Note C,
Related Parties) sections of this report for gross and net expense related disclosure for the period ended December 31, 2007.

Portfolio returns shown for all periods reflect a fee waiver and/or expense reimbursement. Without this waiver/reimbursement,
returns would have been lower.

|Growth of an Assumed $10,000 Investment                               
|----------------------------------------------------------------------
|[] DWS RREEF Real Estate Securities VIP  Class B
[]MSCI US REIT Index
|resvip_g10k170                                                        
|                                                                      

|Comparative Results (as of December 31, 2007)
|---------------------------------------------
|DWS RREEF Real Estate Securities VIP         
|Class A                                      
|Average annual total return                  
|MSCI US REIT Index                           
|Average annual total return                  
|DWS RREEF Real Estate Securities VIP         
|Class B                                      
|Average annual total return                  
|MSCI US REIT Index                           
|Average annual total return                  

The growth of $10,000 is cumulative.

Information concerning portfolio holdings of the Portfolio as of a month end will be posted to
www.dws-scudder.com on or after the last day of the following month.

Information About Your Portfolio's Expenses

As an investor of the Portfolio, you incur two types of
costs: ongoing expenses and transaction costs.
Ongoing expenses include management fees,
distribution and service (12b-1) fees and other
Portfolio expenses. Examples of transaction costs
include contract charges, redemption fees and
account maintenance fees, which are not shown in
this section. The following tables are intended to help
you understand your ongoing expenses (in dollars) of
investing in the Portfolio and to help you compare
these expenses with the ongoing expenses of
investing in other mutual funds. In the most recent
six-month period, the Portfolio limited these
expenses; had it not done so, expenses would have
been higher. The example in the table is based on an
investment of $1,000 invested at the beginning of the
period and held for the entire six-month period(July 1,
2007 to December 31, 2007).

The tables illustrate your Portfolio's expenses in two
ways:

Actual Portfolio Return. This helps you estimate
the actual dollar amount of ongoing expenses (but
not transaction costs) paid on a $1,000 investment
in the Portfolio using the Portfolio's actual return
during the period. To estimate the expenses you
paid over the period, simply divide your account
value by $1,000 (for example, an $8,600 account
value divided by $1,000 = 8.6), then multiply the
result by the number in the "Expenses Paid per
$1,000" line under the share class you hold.

Hypothetical 5% Portfolio Return. This helps you
to compare your Portfolio's ongoing expenses (but
not transaction costs) with those of other mutual
funds using the Portfolio's actual expense ratio and
a hypothetical rate of return of 5% per year before
expenses. Examples using a 5% hypothetical
Portfolio return may be found in the shareholder
reports of other mutual funds. The hypothetical
account values and expenses may not be used to
estimate the actual ending account balance or
expenses you paid for the period.

Please note that the expenses shown in these tables
are meant to highlight your ongoing expenses only
and do not reflect any transaction costs. The
"Expenses Paid per $1,000" line of the tables is
useful in comparing ongoing expenses only and will
not help you determine the relative total expense of
owning different funds. If these transaction costs had
been included, your costs would have been higher.

|Expenses and Value of a $1,000 Investmentfor the six months ended December 31, 2007
|-----------------------------------------------------------------------------------
|Actual Portfolio Return                                                            
|Beginning Account Value 7/1/07                                                     
|Ending Account Value 12/31/07                                                      
|Expenses Paid per $1,000*                                                          
|Hypothetical 5% Portfolio Return                                                   
|Beginning Account Value 7/1/07                                                     
|Ending Account Value 12/31/07                                                      
|Expenses Paid per $1,000*                                                          

|Annualized Expense Ratios            | Class A |  | Class B | 
|------------------------------------ | ------- |  | ------- | 
|DWS RREEF Real Estate Securities VIP | 1.05%   |  | 1.44%   | 

For more information, please refer to the Portfolio's prospectus.

These tables do not reflect charges and fees ("contract charges") associated with the separate account that
invests in the Portfolio or any variable life insurance policy or variable annuity contract for which the Portfolio is an
investment option.

Management SummaryDecember 31, 2007

Following some major acquisitions within the real estate market, REIT prices retreated significantly during the
first six months of 2007, based on increased worries over real estate valuations, problems in the subprime
mortgage area and fears of rising interest rates. By the fourth quarter of 2007, concern about subprime exposure
that had initially been limited to office REITs situated in Orange County, California had spread to most office REITs
with significant financial services exposure, particularly those in New York City. Merger and acquisition activity
that had supported the REIT market earlier in the year had already come to a standstill, and many worried that
commercial real estate property values would fall significantly. Overall, billions of dollars of write-offs among
major banks and Wall Street firms took their toll on financial markets as a group, while the US Federal Reserve
Board (the Fed) undertook rate cuts to restore liquidity to the markets. The fact that consumer spending, as a
percentage of gross domestic product continued to be steady, soothed investors' fears somewhat.

For the 12-month period ended December 31, 2007, the Portfolio's Class A shares (unadjusted for contract
charges) posted a -15.97% return, outperforming the -17.57% return of the MSCI US REIT Index.

In a difficult year for REITs, one positive for the real estate securities market and the Portfolio was the acquisition
of apartment REIT Archstone-Smith Trust by Tishman Speyer Properties and Lehman Brothers at the end of May.
Over the period, stock selection detracted from performance, and most sector weightings (as compared with the
benchmark) detracted from returns. The biggest drag on performance was the Portfolio's underweight to the
health care REIT sector, which investors viewed as defensive during a period of intense market volatility.1 One of
the largest individual detractors from performance came from the Portfolio's holdings in the office REIT SL Green
Realty Corp., which was hit hard by its large concentration of New York City office space (and therefore perceived
as more vulnerable to the credit crunch within financial services companies). Going forward, we foresee only a
mild pullback in economic growth. With this in mind, we anticipate modestly positive returns within the REIT
sector for 2008.

Managers

John F. Robertson, CFA    John W. Vojticek
Jerry W. Ehlinger, CFA  Asad Kazim

All performance shown is historical, assumes reinvestment of all dividend and capital gain distributions, and does not
guarantee future results. Investment return and principal value fluctuate with changing market conditions so that, when
redeemed, shares may be worth more or less than their original cost. Current performance may be lower or higher than the
performance data quoted. Please contact your participating insurance company for the Portfolio's most recent month-end
performance. Performance figures for Classes A and B differ because each class maintains a distinct expense structure.
Performance doesn't reflect charges and fees ("contract charges") associated with the separate account that invests in the
Portfolio or any variable life insurance policy or variable annuity contract for which the Portfolio is an investment option. These
charges and fees will reduce returns.

Risk Considerations

This Portfolio is nondiversified and can take larger positions in fewer companies, increasing its overall potential risk. The Portfolio
involves additional risk due to its narrow focus. There are special risks associated with an investment in real estate, including credit
risk, interest rate fluctuations and the impact of varied economic conditions. Please read the Portfolio's prospectus for specific details
regarding its investments and risk profile.

The MSCI US REIT Index is an unmanaged, free float-adjusted market-capitalization-weighted index that comprises equity REITs that are
included in the MSCI US Investable Market 2500 Index, with the exception of specialty equity REITs that do not generate a majority of their
revenue and income from real estate rental and leasing operations. The index represents approximately 85% of the US REIT universe.

Index returns assume reinvestment of dividends and, unlike portfolio returns, do not reflect any fees or expenses. It is not possible to invest
directly into an index.

Portfolio management market commentary is as of December 31, 2007, and may not come to pass. This information is subject to change at
any time based on market and other conditions and should not be construed as a recommendation. Past performance does not guarantee
future results.

Portfolio Summary

|Asset Allocation(As a % of Investment Portfolio) | 12/31/07 | 12/31/06
|------------------------------------------------ | -------- | --------
|                                                 |          |         
|Common Stocks                                    | 100%     | 100%    

|Sector Diversification(As a % of Investment Portfolio) | 12/31/07 | 12/31/06
|------------------------------------------------------ | -------- | --------
|                                                       |          |         
|Office                                                 | 22%      | 25%     
|Regional Malls                                         | 19%      | 16%     
|Apartments                                             | 16%      | 22%     
|Shopping Centers                                       | 11%      | 7%      
|Hotels                                                 | 9%       | 9%      
|Health Care                                            | 9%       | 6%      
|Industrial                                             | 9%       | 7%      
|Storage                                                | 3%       | 6%      
|Manufactured Homes                                     | 1%       | 1%      
|Specialty Services                                     | 1%       | 1%      
|                                                       | 100%     | 100%    

|Ten Largest Equity Holdings(58.5% of Net Assets)                                                                         
|-------------------------------------------------------------------------------------------------------------------------
|1.      Simon Property Group, Inc.
Owner and operator of regional malls and shopping centers                             
|2.      ProLogis
Owner of global corporate distribution facilities                                                       
|3.      Vornado Realty Trust
Operator of investments in community shopping centers                                       
|4.      AvalonBay Communities, Inc.
Self-managed, multi-family real estate investment trust                              
|5.      General Growth Properties, Inc.
Owner and developer of shopping mall centers                                     
|6.      Host Hotels & Resorts, Inc.
Owns and controls upscale and luxurious hotels                                       
|7.      Boston Properties, Inc.
Developer of commercial and industrial real estate                                       
|8.      Equity Residential
Operator of multi-family properties                                                           
|9.      Regency Centers Corp.
Operator of real estate properties                                                         
|10.     Federal Realty Investment Trust
Management and redevelopment of prime community and neighborhood shopping centers

Asset allocation, sector diversification, and holdings are subject to change.

For more complete details about the Portfolio's investment portfolio, see page 7. Information concerning portfolio holdings of the Portfolio as
of month end will be posted to www.dws-scudder.com on or after the last day of the following month. In addition, the Portfolio's top ten
holdings and other information about the Portfolio is posted on www.dws-scudder.com as of the calendar quarter-end on or after the 15th day
following quarter-end.

Following the Portfolio's fiscal first and third quarter-end, a complete portfolio holdings listing is filed with the SEC
on Form N-Q. The form will be available on the SEC's Web site at www.sec.gov, and it also may be reviewed and
copied at the SEC's Public Reference Room in Washington, D.C. Information on the operation of the SEC's Public
Reference Room may be obtained by calling (800) SEC-0330.

Investment PortfolioDecember 31, 2007

|                                                                 | Shares     | Value ($)
|---------------------------------------------------------------- | ---------- | ---------
|                                                                 |           
|Common Stocks 99.9%                                             
|Real Estate Investment Trusts ("REITs") 98.5%                   
|Apartments 16.3%                                                
|Apartment Investment &
Management Co. "A"                        | 8,450      | 293,468  
|AvalonBay Communities, Inc.                                      | 7,332      | 690,234  
|BRE Properties, Inc.                                             | 7,150      | 289,790  
|Equity Residential                                               | 12,300     | 448,581  
|Essex Property Trust, Inc.                                       | 650        | 63,369   
|Post Properties, Inc.                                            | 2,250      | 79,020   
|                                                                 | 1,864,462 
|Health Care 8.6%                                                
|HCP, Inc.                                                        | 4,450      | 154,771  
|LTC Properties, Inc.                                             | 4,500      | 112,725  
|Nationwide Health Properties, Inc.                               | 9,100      | 285,467  
|Senior Housing Properties Trust                                  | 5,350      | 121,338  
|Ventas, Inc.                                                     | 7,000      | 316,750  
|                                                                 | 991,051   
|Hotels 7.4%                                                     
|FelCor Lodging Trust, Inc.                                       | 6,850      | 106,791  
|Host Hotels & Resorts, Inc.                                      | 33,894     | 577,554  
|LaSalle Hotel Properties                                         | 5,050      | 161,095  
|                                                                 | 845,440   
|Industrial 8.6%                                                 
|ProLogis                                                         | 15,500     | 982,390  
|Manufactured Homes 1.4%                                         
|Equity Lifestyle Properties, Inc.                                | 3,600      | 164,412  
|Office 21.5%                                                    
|BioMed Realty Trust, Inc.                                        | 6,300      | 145,971  
|Boston Properties, Inc.                                          | 5,850      | 537,088  
|Digital Realty Trust, Inc.                                       | 3,050      | 117,029  
|Douglas Emmett, Inc.                                             | 12,650     | 286,016  
|Kilroy Realty Corp.                                              | 1,750      | 96,180   
|Parkway Properties, Inc.                                         | 1,650      | 61,017   
|SL Green Realty Corp.                                            | 3,450      | 322,437  
|Vornado Realty Trust                                             | 10,303     | 906,149  
|                                                                 | 2,471,887 
|                                                                 | Shares     | Value ($)
|                                                                 |           
|Regional Malls 19.0%                                            
|General Growth Properties, Inc.                                  | 15,550     | 640,349  
|Simon Property Group, Inc.                                       | 12,400     | 1,077,064
|Taubman Centers, Inc.                                            | 2,700      | 132,813  
|The Macerich Co.                                                 | 4,700      | 333,982  
|                                                                 | 2,184,208 
|Shopping Centers 11.2%                                          
|Federal Realty Investment Trust                                  | 5,050      | 414,857  
|Kite Realty Group Trust                                          | 7,850      | 119,870  
|Regency Centers Corp.                                            | 6,900      | 444,981  
|Saul Centers, Inc.                                               | 1,900      | 101,517  
|Tanger Factory Outlet Centers, Inc.                              | 5,350      | 201,749  
|                                                                 | 1,282,974 
|Specialty Services 1.3%                                         
|Colonial Properties Trust                                        | 2,300      | 52,049   
|Entertainment Properties Trust                                   | 2,000      | 94,000   
|                                                                 | 146,049   
|Storage 3.2%                                                    
|Extra Space Storage, Inc.                                        | 1,700      | 24,293   
|Public Storage                                                   | 4,650      | 341,357  
|                                                                 | 365,650   
|Total Real Estate Investment Trusts ("REITs")
(Cost $12,129,795) | 11,298,523
|                                                                
|Other 1.4%                                                      
|Brookfield Properties Corp.                                      | 3,500      | 67,375   
|Starwood Hotels & Resorts
Worldwide, Inc.                        | 2,200      | 96,866   
|Total Other (Cost $197,814)                                      | 164,241   

|                                              | % of Net
Assets | Value ($) 
|--------------------------------------------- | --------------- | ----------
|                                              |                
|Total Investment Portfolio(Cost $12,327,609)+ | 99.9            | 11,462,764
|Other Assets and Liabilities, Net             | 0.1             | 7,764     
|Net Assets                                    | 100.0           | 11,470,528

REIT: Real Estate Investment Trust

The accompanying notes are an integral part of the financial statements.

Financial Statements

|Statement of Assets and Liabilities
as of December 31, 2007                                                                                                                               
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Assets                                                                                                                                                                                    
|Investments:Investments in securities, at value
(cost $12,327,609)                                                                                                                        
|Receivable for investments sold                                                                                                                                                           
|Dividends receivable                                                                                                                                                                      
|Receivable for Portfolio shares sold                                                                                                                                                      
|Due from Advisor                                                                                                                                                                          
|Other assets                                                                                                                                                                              
|Total assets                                                                                                                                                                              
|Liabilities                                                                                                                                                                               
|Payable for investments purchased                                                                                                                                                         
|Cash overdraft                                                                                                                                                                            
|Payable for Portfolio shares redeemed                                                                                                                                                     
|Other accrued expenses and payables                                                                                                                                                       
|Total liabilities                                                                                                                                                                         
|Net assets, at value                                                                                                                                                                      
|Net Assets Consist of                                                                                                                                                                     
|Undistributed net investment income                                                                                                                                                       
|Net unrealized appreciation (depreciation) on
investments                                                                                                                                 
|Accumulated net realized gain (loss)                                                                                                                                                      
|Paid-in capital                                                                                                                                                                           
|Net assets, at value                                                                                                                                                                      
|Net Asset Value                                                                                                                                                                           
|Class A
Net Asset Value, offering and redemption price
per share ($948,403 ÷ 59,057 outstanding
shares of beneficial interest, $.001 par value,
unlimited number of shares authorized)    
|Class B
Net Asset Value, offering and redemption price
per share ($10,522,125 ÷ 657,770 outstanding
shares of beneficial interest, $.001 par value,
unlimited number of shares authorized)

|Statement of Operations
for the year ended December 31, 2007       
|-------------------------------------------------------------------
|Investment Income                                                  
|Income:Dividends (net of foreign taxes withheld
of $674)           
|Interest  Cash Management QP Trust                                
|Total Income                                                       
|Expenses:Management fee                                            
|Administration fee                                                 
|Distribution service fee (Class B)                                 
|Record keeping fee (Class B)                                       
|Audit and tax fees                                                 
|Legal                                                              
|Custodian fee                                                      
|Services to shareholders                                           
|Trustees' fees and expenses                                        
|Reports to shareholders and shareholder
meeting                    
|Other                                                              
|Total expenses before expense reductions                           
|Expense reductions                                                 
|Total expenses after expense reductions                            
|Net investment income (loss)                                       
|Realized and Unrealized Gain (Loss)                                
|Net realized gain (loss) from:Investments                          
|Change in net unrealized appreciation
(depreciation) on investments
|Net gain (loss)                                                    
|Net increase (decrease) in net assets
resulting from operations    



The accompanying notes are an integral part of the financial statements.



|Statement of Changes in Net Assets                                                                                
|------------------------------------------------------------------------------------------------------------------
|Increase (Decrease) in Net Assets                                                                                 
|2007                                                                                                              
|Operations:Net investment income (loss)                                                                           
|Net realized gain (loss)                                                                                          
|Change in net unrealized appreciation (depreciation)                                                              
|Net increase (decrease) in net assets resulting from operations                                                   
|Distributions to shareholders from:Net investment income:
Class A                                                 
|Class B                                                                                                           
|Net realized gains:
Class A                                                                                       
|Class B                                                                                                           
|Total distributions                                                                                               
|Portfolio share transactions:Class A
Proceeds from shares sold                                                    
|Reinvestment of distributions                                                                                     
|Cost of shares redeemed                                                                                           
|Net increase (decrease) in net assets from Class A share transactions                                             
|Class B
Proceeds from shares sold                                                                                 
|Reinvestment of distributions                                                                                     
|Cost of shares redeemed                                                                                           
|Net increase (decrease) in net assets from Class B share transactions                                             
|Increase (decrease) in net assets                                                                                 
|Net assets at beginning of period                                                                                 
|Net assets at end of period (including undistributed net investment income of $285,302 and $453,714,
respectively)
|Other Information                                                                                                 
|Class A
Shares outstanding at beginning of period                                                                 
|Shares sold                                                                                                       
|Shares issued to shareholders in reinvestment of distributions                                                    
|Shares redeemed                                                                                                   
|Net increase (decrease) in Class A shares                                                                         
|Shares outstanding at end of period                                                                               
|Class B
Shares outstanding at beginning of period                                                                 
|Shares sold                                                                                                       
|Shares issued to shareholders in reinvestment of distributions                                                    
|Shares redeemed                                                                                                   
|Net increase (decrease) in Class B shares                                                                         
|Shares outstanding at end of period                                                                               

The accompanying notes are an integral part of the financial statements.

Financial Highlights

|Class A
Years Ended December 31,                                                                                                                                                                                                                            | 2007       | 2006       | 2005       | 2004a     
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------- | ---------- | ---------- | ----------
|Selected Per Share Data                                                                                                                                                                                                                                    
|Net asset value, beginning of period                                                                                                                                                                                                                        | $    22.42 | $    16.58 | $    16.33 | $    13.32
|Income (loss) from investment operations:
Net investment income (loss)b                                                                                                                                                                                     | .25        | .25        | .30        | .07       
|Net realized and unrealized gain (loss)                                                                                                                                                                                                                     | (3.10)     | 5.91       | 1.61       | 2.94      
|Total from investment operations                                                                                                                                                                                                                            | (2.85)     | 6.16       | 1.91       | 3.01      
|Less distributions from:
Net investment income                                                                                                                                                                                                              | (.28)      |           | (.49)      |          
|Net realized gains                                                                                                                                                                                                                                          | (3.23)     | (.32)      | (1.17)     |          
|Total distributions                                                                                                                                                                                                                                         | (3.51)     | (.32)      | (1.66)     |          
|Net asset value, end of period                                                                                                                                                                                                                              | $    16.06 | $    22.42 | $    16.58 | $    16.33
|Total Return (%)c                                                                                                                                                                                                                                           | (15.97)    | 37.64      | 11.72      | 22.60**   
|Ratios to Average Net Assets and Supplemental Data                                                                                                                                                                                                         
|Net assets, end of period ($ millions)                                                                                                                                                                                                                      | 1          | 8          | 9          | 1         
|Ratio of expenses before expense reductions (%)                                                                                                                                                                                                             | 1.44       | 1.32       | 1.35       | 1.27*     
|Ratio of expenses after expense reductions (%)                                                                                                                                                                                                              | 1.03       | 1.07       | 1.10       | 1.10*     
|Ratio of net investment income (loss) (%)                                                                                                                                                                                                                   | 1.16       | 1.31       | 1.79       | 1.24*     
|Portfolio turnover rate (%)                                                                                                                                                                                                                                 | 75         | 61         | 70         | 84*       
|aFor the period August 16, 2004 (commencement of sales of Class A shares) to December 31, 2004.bBased on average shares outstanding during the period.cTotal return would have been lower had certain expenses not been reduced.*Annualized**Not annualized

|Class B
Years Ended December 31,                                                                                                                                                                                                                        | 2007       | 2006       | 2005       | 2004       | 2003a     
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------- | ---------- | ---------- | ---------- | ----------
|Selected Per Share Data                                                                                                                                                                                                                                
|Net asset value, beginning of period                                                                                                                                                                                                                    | $    22.35 | $    16.59 | $    16.31 | $    12.59 | $    10.00
|Income (loss) from investment operations:
Net investment income (loss)b                                                                                                                                                                                 | .16        | .17        | .25        | .27        | .24       
|Net realized and unrealized gain (loss)                                                                                                                                                                                                                 | (3.09)     | 5.91       | 1.60       | 3.56       | 2.35      
|Total from investment operations                                                                                                                                                                                                                        | (2.93)     | 6.08       | 1.85       | 3.83       | 2.59      
|Less distributions from:
Net investment income                                                                                                                                                                                                          | (.19)      |           | (.40)      | (.09)      |          
|Net realized gains                                                                                                                                                                                                                                      | (3.23)     | (.32)      | (1.17)     | (.02)      |          
|Total distributions                                                                                                                                                                                                                                     | (3.42)     | (.32)      | (1.57)     | (.11)      |          
|Net asset value, end of period                                                                                                                                                                                                                          | $    16.00 | $    22.35 | $    16.59 | $    16.31 | $    12.59
|Total Return (%)c                                                                                                                                                                                                                                       | (16.34)    | 37.13      | 11.31      | 30.73      | 25.90**   
|Ratios to Average Net Assets and Supplemental Data                                                                                                                                                                                                     
|Net assets, end of period ($ millions)                                                                                                                                                                                                                  | 11         | 40         | 34         | 31         | 10        
|Ratio of expenses before expense reductions (%)                                                                                                                                                                                                         | 1.83       | 1.70       | 1.71       | 1.67       | 2.61*     
|Ratio of expenses after expense reductions (%)                                                                                                                                                                                                          | 1.42       | 1.46       | 1.46       | 1.50       | 1.50*     
|Ratio of net investment income (loss) (%)                                                                                                                                                                                                               | .77        | .92        | 1.43       | 1.99       | 3.07*     
|Portfolio turnover rate (%)                                                                                                                                                                                                                             | 75         | 61         | 70         | 84         | 10*       
|aFor the period May 1, 2003 (commencement of sales of Class B shares) to December 31, 2003.bBased on average shares outstanding during the period.cTotal return would have been lower had certain expenses not been reduced.*Annualized**Not annualized

Notes to Financial Statements

A. Significant Accounting Policies

DWS Investments VIT Funds (the "Trust") is registered under the Investment Company Act of 1940, as amended
(the "1940 Act"), as an open-end management investment company organized as a Massachusetts business
Trust. The Trust is comprised of several portfolios. DWS RREEF Real Estate Securities VIP (the "Portfolio") is a
non-diversified series of the Trust. The Portfolio is an underlying investment vehicle for variable annuity contracts
and variable life insurance policies to be offered by the separate accounts of certain life insurance companies
("Participating Insurance Companies").

Multiple Classes of Shares of Beneficial Interest. The Portfolio offers two classes of shares to investors: Class A
shares and Class B shares. Class B shares are subject to Rule 12b-1 distribution fees under the 1940 Act and
record keeping fees equal to an annual rate up to 0.25% and up to 0.15%, respectively, of the average daily net
assets. Class A shares are not subject to such fees.

Investment income, realized and unrealized gains and losses, and certain portfolio-level expenses and expense
reductions, if any, are borne pro rata on the basis of relative net assets by the holders of all classes of shares,
except that each class bears certain expenses unique to that class (including the applicable 12b-1 distribution fee
and record keeping fee). Differences in class-level expenses may result in payment of different per share
dividends by class. All shares have equal rights with respect to voting subject to class-specific arrangements.

The Portfolio's financial statements are prepared in accordance with accounting principles generally accepted in
the United States of America which require the use of management estimates. Actual results could differ from
those estimates. The policies described below are followed consistently by the Portfolio in the preparation of its
financial statements.

Security Valuation. Investments are stated at value determined as of the close of regular trading on the New York
Stock Exchange on each day the exchange is open for trading. Equity securities are valued at the most recent sale
price or official closing price reported on the exchange (US or foreign) or over-the-counter market on which the
security is traded most extensively. Securities for which no sales are reported are valued at the calculated mean
between the most recent bid and asked quotations on the relevant market or, if a mean cannot be determined, at
the most recent bid quotation.

Money market instruments purchased with an original or remaining maturity of sixty days or less, maturing at par,
are valued at amortized cost.

Securities and other assets for which market quotations are not readily available or for which the above valuation
procedures are deemed not to reflect fair value are valued in a manner that is intended to reflect their fair value as
determined in accordance with procedures approved by the Trustees.

In September 2006, the Financial Accounting Standards Board (FASB) released Statement of Financial Accounting
Standards No. 157, "Fair Value Measurements" ("FAS 157"). FAS 157 defines fair value, establishes a framework
for measuring fair value and expands disclosures about fair value measurements. FAS 157 is effective for fiscal
years beginning after November 15, 2007. As of December 31, 2007, management does not believe the adoption
of FAS 157 will impact the amounts reported in the financial statements, however, additional disclosures will be
required about the inputs used to develop the measurements of fair value and the effect of certain of the
measurements reported in the statement of operations for a fiscal period.

Repurchase Agreements. The Portfolio may enter into repurchase agreements with certain banks and
broker/dealers whereby the Portfolio, through its custodian or sub-custodian bank, receives delivery of the
underlying securities, the amount of which at the time of purchase and each subsequent business day is required
to be maintained at such a level that the market value is equal to at least the principal amount of the repurchase
price plus accrued interest. The custodian or agent bank holds the collateral in a separate account until the
agreement matures. If the value of the securities falls below the principal amount of the repurchase agreement
plus accrued interest, the financial institution deposits additional collateral by the following business day. If the
financial institution either fails to deposit the required additional collateral or fails to repurchase the securities as
agreed, the Portfolio has the right to sell the securities and recover any resulting loss from the financial institution.
If the financial institution enters into bankruptcy, the Portfolio's claims on the collateral may be subject to legal
proceedings.

Federal Income Taxes. The Portfolio's policy is to comply with the requirements of the Internal Revenue Code, as
amended, which are applicable to regulated investment companies, and to distribute all of its taxable and
tax-exempt income to its shareholders. Accordingly, the Portfolio paid no federal income taxes and no federal
income tax provision was required.

From November 1, 2007 through December 31, 2007, the Portfolio incurred approximately $44,000 of net realized
capital losses. As permitted by tax regulations, the Portfolio intends to elect to defer these losses and treat them
as arising in the fiscal year ended December 31, 2008.

The Portfolio has reviewed the tax positions for each of the three open tax years as of December 31, 2007 and
has determined that no provision for income tax is required in the Portfolio's financial statements. Each of the
Portfolio's federal tax returns for the prior three fiscal years remains subject to examination by the Internal
Revenue Service.

Distribution of Income and Gains. Net investment income of the Portfolio, if any, is declared and distributed to
shareholders annually. Net realized gains from investment transactions, in excess of available capital loss
carryforwards, would be taxable to the Portfolio if not distributed, and therefore, will be distributed to
shareholders at least annually.

The timing and characterization of certain income and capital gains distributions are determined annually in
accordance with federal tax regulations which may differ from accounting principles generally accepted in the
United States of America. These differences primarily relate to securities sold at a loss. As a result, net
investment income (loss) and net realized gain (loss) on investment transactions for a reporting period may differ
significantly from distributions during such period. Accordingly, the Portfolio may periodically make
reclassifications among certain of its capital accounts without impacting the net asset value of the Portfolio.

At December 31, 2007, the Portfolio's components of distributable earnings (accumulated gains) on a tax-basis
were as follows:

|Undistributed ordinary income*                        | $       1,064,364  
|----------------------------------------------------- | -------------------
|Undistributed net long-term capital gains             | $       11,239,731 
|Unrealized appreciation (depreciation) on investments | $       (1,122,076)

In addition, the tax character of distributions paid to shareholders by the Portfolio is summarized as follows:

|                                           | Years Ended December 31,
|------------------------------------------ | ------------------------
|                                           | 2007                    
|Distributions from ordinary income*        | $       1,896,548       
|Distributions from long-term capital gains | $       5,152,763       

Contingencies. In the normal course of business, the Portfolio may enter into contracts with service providers
that contain general indemnification clauses. The Portfolio's maximum exposure under these arrangements is
unknown as this would involve future claims that may be made against the Portfolio that have not yet been made.
However, based on experience, the Portfolio expects the risk of loss to be remote.

Expenses. Expenses of the Trust arising in connection with a specific portfolio are allocated to that portfolio.
Other Trust expenses which cannot be directly attributed to a portfolio are apportioned among the portfolios in the
Trust.

Other. Investment transactions are accounted for on a trade date plus one basis for daily net asset valuation
calculations. However, for financial reporting purposes, investment security transactions are reported on trade
date. Interest income is recorded on the accrual basis. Dividend income is recorded on the ex-dividend date net of
foreign withholding taxes. Certain dividends from foreign securities may be recorded subsequent to the
ex-dividend as soon as the Portfolio is informed of such dividends. Realized gains and losses from investment
transactions are recorded on an identified cost basis. At fiscal year end, the Fund recharacterizes distributions
received from a Real Estate Investment Trust ("REIT") investment based on estimates or information provided by
the REIT into the following categories: ordinary income, long-term and short-term capital gains, and return of
capital. If information is not available timely from a REIT, the recharacterization will be estimated, and a
recharacterization will be made in the following year. Distributions received from REITs in excess of income are
recorded as either a reduction of cost of investments or realized gain. The Fund distinguishes between dividends
on a tax basis and a financial reporting basis and only distributions in excess of tax basis earnings and profits are
reported in the financial statements as a tax return of capital.

B. Purchase and Sales of Securities

During the year ended December 31, 2007, purchases and sales of investment securities (excluding short-term
investments) aggregated $22,157,537 and $55,609,827, respectively.

C. Related Parties

Management Agreement. Under the Investment Management Agreement with Deutsche Investment
Management Americas Inc. ("DIMA" or the "Advisor"), an indirect, wholly owned subsidiary of Deutsche Bank
AG, the Advisor determines the securities, instruments and other contracts relating to investments to be
purchased, sold, or entered into by the Portfolio or delegates such responsibility to the Portfolio's subadvisor.
Pursuant to the Investment Management Agreement with the Advisor, the Portfolio pays an annual fee based on
its average daily net assets which is calculated daily and payable monthly at the following annual rates:

|First $150 million of the Portfolio's daily net assets | .900%
|------------------------------------------------------ | -----
|Next $250 million of such assets                       | .875%
|Next $500 million of such assets                       | .850%
|Next $1.5 billion of such assets                       | .825%
|Over $2.4 billion of such assets                       | .800%

RREEF America LLC ("RREEF" or the "Sub-Advisor") acts as investment sub-advisor for the Portfolio. As the
Portfolio's investment sub-advisor, RREEF makes the Portfolio's investment decisions. It buys and sells securities
for the Portfolio and conducts the research that leads to these purchase and sale decisions. RREEF is paid by the
Advisor for its services.

For the period from January 1, 2007 through September 30, 2007, the Advisor has contractually agreed to waive
all or a portion of its management fee and pay certain operating expenses of the Portfolio (excluding certain
expenses such as extraordinary expenses, taxes, brokerage, interest, proxy, and organizational and offering
expenses) to the extent necessary to maintain the operating expenses of each class as follows:

|Class A | .99% 
|------- | -----
|Class B | 1.39%

In addition, for the period from October 1, 2007 through April 30, 2008, the Advisor has contractually agreed to
waive all or a portion of its management fee and pay certain operating expenses of the Portfolio (excluding certain
expenses such as extraordinary expenses, taxes, brokerage and interest expenses) to the extent necessary to
maintain the operating expenses of each class as follows:

|Class A | 1.02%
|------- | -----
|Class B | 1.42%

Accordingly, for the year ended December 31, 2007, the Advisor waived a portion of its management fee pursuant
to the Investment Management Agreement aggregating $117,604 and the amount charged aggregated $142,659,
which was equivalent to an annual effective rate of 0.49% of the Portfolio's average net assets.

Administration Fee. Pursuant to the Administrative Services Agreement, DIMA provides most administrative
services to the Portfolio. For all services provided under the Administrative Services Agreement, the Portfolio
pays the Advisor an annual fee ("Administration fee") of 0.137% of the Portfolio's average daily net assets,
computed and accrued daily and payable monthly. For the year ended December 31, 2007, the Advisor received
its Administration fee of $41,162, of which $1,136 is unpaid.

Distribution Service Agreement. DWS Scudder Distributors, Inc. ("DWS-SDI"), an affiliate of the Advisor and
Sub-Advisor, is the Portfolio's Distributor. In accordance with the Distribution Plan, DWS-SDI receives 12b-1 fees
of up to 0.25% of average daily net assets of Class B shares. For the year ended December 31, 2007, the
Distribution service fee was $56,010, of which $2,391 is unpaid.

Service Provider Fees. DWS Scudder Investments Service Company ("DWS-SISC"), an affiliate of the Advisor, is
the transfer agent, dividend-paying agent and shareholder service agent of the Portfolio. Pursuant to a
sub-transfer agency agreement among DWS-SISC and DST Systems, Inc. ("DST"), DWS-SISC has delegated
certain transfer agent, dividend paying agent and shareholder service agent functions to DST. DWS-SISC
compensates DST out of the shareholder servicing fee they receive from the Portfolio. For the year ended
December 31, 2007, the amounts charged to the Portfolio by DWS-SISC were as follows:

|Services to Shareholders | Total
Aggregated | Waived      | Unpaid at
December 31,
2007
|------------------------ | ---------------- | ----------- | ---------------------------
|Class A                  | $       136      | $       136 | $                         
|Class B                  | 171              |            | 67                         
|                         | $    307         | $    136    | $    67                    

Typesetting and Filing Service Fees. Under an agreement with DIMA, DIMA is compensated for providing
typesetting and certain regulatory filing services to the Portfolio. For the year ended December 31, 2007, the
amount charged to the Portfolio by DIMA included in the Statement of Operations under "reports to shareholders
and shareholder meeting" aggregated $16,404, of which $8,364 is unpaid.

Trustees' Fees and Expenses. As compensation for his or her services, each Independent Trustee receives an
aggregated annual fee, plus a fee for each meeting attended (plus reimbursement for reasonable out-of-pocket
expenses incurred in connection with his or her attendance at board and committee meetings) from each Fund in
the Fund Complex for which he or she serves. In addition, the Chairperson of the Board and the Chairperson of
each committee of the Board receive additional compensation for their services. Payment of such fees and
expenses is allocated among all such funds described above in direct proportion to their relative net assets.

D. Real Estate Concentration Risk

The Portfolio concentrates its investments in real estate securities, including REITs. A portfolio with a
concentrated investment portfolio is vulnerable to the risks of the industry in which it invests and is subject to
greater risks and market fluctuations than funds investing in a broader range of industries. Real estate securities
are susceptible to the risks associated with direct ownership of real estate, such as declines in property values;
increase in property taxes, operating expenses, interest rates or competition; zoning changes; and losses from
casualty and condemnation.

E. Fee Reductions

The Portfolio has entered into an arrangement with its custodian whereby credits realized as a result of
uninvested cash balances are used to reduce a portion of the Portfolio's custodian expenses. During the year
ended December 31, 2007, the Portfolio's custodian fee was reduced by $132 for custody credits earned.

F. Line of Credit

The Portfolio and other affiliated funds (the "Participants") share in a $750 million revolving credit facility
administered by JPMorgan Chase Bank N.A. for temporary or emergency purposes, including the meeting of
redemption requests that otherwise might require the untimely disposition of securities. The Participants are
charged an annual commitment fee which is allocated, based upon net assets, among each of the Participants.
Interest is calculated at the Federal Funds Rate plus 0.35 percent. The Portfolio may borrow up to a maximum of
20 percent of its net assets under the agreement.

G. Ownership of the Portfolio

At December 31, 2007, one participating insurance company was a beneficial owner of record of 10% or more of
the total outstanding Class A shares of the Portfolio, owning 100%. One participating insurance company was
beneficial owner of record of 10% or more of the total outstanding Class B shares of the Portfolio, owning 100%.

H. Subsequent Events

Upon the recommendation of the Advisor, the Board of Trustees of the Portfolio approved the termination and
liquidation of the Portfolio effective on or about April 25, 2008 (the "Liquidation Date"). Accordingly, the Board has
voted to redeem involuntarily the shares of any Portfolio shareholder outstanding on the liquidation date. In
conjunction with approving the liquidation of the Portfolio, the Board approved closing the Portfolio to new
investors effective as of the close of business on January 15, 2008.

Report of Independent Registered Public Accounting Firm

To the Trustees of DWS Investments VIT Funds and the Shareholders of DWS RREEF Real Estate Securities VIP:

In our opinion, the accompanying statement of assets and liabilities, including the investment Portfolio, and the
related statements of operations and of changes in net assets and the financial highlights present fairly, in all
material respects, the financial position of DWS RREEF Real Estate Securities VIP (the "Portfolio") at
December 31, 2007, and the results of its operations for the year ended, the changes in its net assets for each of
the two years in the period then ended, and the financial highlights for each of the three years ended
December 31, 2007, in conformity with accounting principles generally accepted in the United States of America.
These financial statements and financial highlights (hereafter referred to as "financial statements") are the
responsibility of the Portfolio's management. Our responsibility is to express an opinion on these financial
statements based on our audits. We conducted our audits of these financial statements in accordance with the
standards of the Public Company Accounting Oversight Board (United States). Those standards require that we
plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of
material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and
disclosures in the financial statements, assessing the accounting principles used and significant estimates made
by management, and evaluating the overall financial statement presentation. We believe that our audits, which
included confirmation of securities at December 31, 2007 by correspondence with the custodian and brokers,
provide a reasonable basis for our opinion. The financial highlights of the Portfolio for each of the periods ended
on or prior to December 31, 2004 were audited by another Independent Registered Public Accounting Firm
whose report dated February 15, 2005 expressed an unqualified opinion on those statements.

As discussed in Note H, "Subsequent Events," the Board of Trustees of the Portfolio has approved the
termination and liquidation of the Portfolio.

|Boston, Massachusetts
February 15, 2008 | PricewaterhouseCoopers LLP
|--------------------------------------- | --------------------------

Tax Information(Unaudited)

The Portfolio reported distributions of $2.53 per share from net long-term capital gains during the year ended
December 31, 2007, of which 100% represents 15% rate gains.

Pursuant to Section 852 of the Internal Revenue Code, the Portfolio designates approximately $12,367,000 as
capital gain dividends for its year ended December 31, 2007, of which 100% represents 15% rate gains.

Please consult a tax advisor if you have questions about federal or state income tax laws, or on how to prepare
your tax returns. If you have specific questions about your account, please call (800) 728-3337.

Proxy Voting

A description of the fund's policies and procedures for voting proxies for portfolio securities and information about
how the fund voted proxies related to its portfolio securities during the 12-month period endedJune 30is
available on our Web site  www.dws-scudder.com (click on "proxy voting"at the bottom of the page)  or on
the SEC's Web site  www.sec.gov. To obtain a written copy of the fund's policies and procedures without
charge, upon request, call us toll free at (800) 621-1048.

Investment Management Agreement Approval

The Fund's Trustees approved the continuation of the Fund's current investment management agreement with
DIMA and sub-advisory agreement between DIMA and RREEF America LLC ("RREEF") in September 2007.

In terms of the process that the Trustees followed prior to approving the agreements, shareholders should
know that:

At the present time, all but one of your Fund's Trustees are independent of DIMA and its affiliates.

The Trustees meet frequently to discuss fund matters. Each year, the Trustees dedicate part or all of several
meetings to contract review matters. In connection with reviewing the Fund's investment management
agreement, the Trustees also review the terms of the Fund's Rule 12b-1 plan, distribution agreement,
administration agreement, transfer agency agreement and other material service agreements.

In connection with the Board's 2007 contract review, the Board formed a special committee to facilitate
careful review of the funds' contractual arrangements. After reviewing the Fund's arrangements, that
committee recommended that the Board vote to approve the continuation of the Fund's investment
management agreement and sub-advisory agreement.

The Trustees regularly meet privately with their independent counsel to discuss contract review and other
matters. In addition, the Trustees were also advised by two consultants, including the Fund's independent
fee consultant, in the course of their 2007 review of the Fund's contractual arrangements. In particular, the
Trustees considered the report prepared by the independent fee consultant in connection with their
deliberations.

The sub-advisory fee paid to RREEF is paid by DIMA out of its fee and not directly by the Fund.

The Trustees believe that a long-term relationship with a capable, conscientious advisor is in the best interest
of shareholders. As you may know, DIMA is part of Deutsche Bank, a major global banking institution that is
engaged in a wide range of financial services. The Trustees believe that there are significant advantages to being
part of a global asset management business that offers a wide range of investing expertise and resources,
including hundreds of portfolio managers and analysts with research capabilities in many countries throughout
the world.

Shareholders may focus primarily on fund performance and fees, but the Fund's Trustees consider these and
many other factors, including the quality and integrity of DIMA's and RREEF's personnel and such other issues as
back-office operations, fund valuations, and compliance policies and procedures.

In determining to approve the continuation of the Fund's current investment management agreement and
sub-advisory agreement, the Board considered all factors that it believes relevant to the interests of Fund
shareholders, including:

The investment management fee schedule for the Fund, including (i) comparative information provided by
Lipper regarding investment management fee rates paid to other investment advisors by similar funds and
(ii) fee rates paid to DIMA by similar funds and institutional accounts advised by DIMA (if any).With respect
to management fees paid to other investment advisors by similar funds, the Trustees noted that the
contractual fee rates paid by the Fund were higher than the median (4th quartile) of the applicable Lipper peer
group (based on Lipper data provided as of December 31, 2006). The Board gave a lesser weight to fees paid
by similar institutional accounts advised by DIMA, in light of the material differences in the scope of services
provided to mutual funds as compared to those provided to institutional accounts. Taking into account the
foregoing, the Board concluded that the fee schedule in effect for the Fund represents reasonable
compensation in light of the nature, extent and quality of the investment services being provided to the Fund.

The extent to which economies of scale would be realized as the Fund grows. In this regard, the Board noted
that the Fund's investment management fee schedule includes fee breakpoints. The Board concluded that the
Fund's fee schedule represents an appropriate sharing between Fund shareholders and DIMA of such
economies of scale as may exist in the management of the Fund at current asset levels.

The total operating expenses of the Fund.In this regard, the Board noted that the total (net) operating
expenses of the Fund (Class A shares) are expected to be higher than the median (3rd quartile) of the
applicable Lipper expense universe (based on Lipper data provided as of December 31, 2006, and in each
case analyzing Class A expenses less any applicable distribution and/or service plan expenses). The Board
considered the expenses of this class to be representative for purposes of evaluating other classes of shares.
The Board also considered how the Fund's total (net) operating expenses compared to the total (net) operating
expenses of a more customized peer group selected by Lipper (based on such factors as asset size). The
Board also noted that the expense limitations agreed to by DIMA helped to ensure that the Fund's total (net)
operating expenses would be competitive relative to the applicable Lipper universe.

The investment performance of the Fund and DIMA, both absolute and relative to various benchmarks and
industry peer groups.The Board noted that for the one- and three-year periods ended December 31, 2006,
the Fund's performance (Class B shares) was in the 2nd quartile and 4th quartile, respectively, of the
applicable Lipper universe. The Board also observed that the Fund has outperformed its benchmark in the
one-year period ended December 31, 2006 and has underperformed its benchmark in the three-year period
ended December 31, 2006. The Board recognized that DIMA has made significant changes in its investment
personnel and processes in recent years in an effort to improve long-term performance.

The nature, extent and quality of the advisory services provided by DIMA and RREEF.The Board considered
extensive information regarding DIMA, including DIMA's personnel (including particularly those personnel with
responsibilities for providing services to the Fund), resources, policies and investment processes. The Board
also considered the terms of the current investment management agreement and the sub-advisory
agreement, including the scope of services provided under the agreements. In this regard, the Board
concluded that the quality and range of services provided by DIMA and RREEF have benefited and should
continue to benefit the Fund and its shareholders.

The costs of the services to, and profits realized by, DIMA and its affiliates from their relationships with the
Fund.The Board reviewed information concerning the costs incurred and profits realized by DIMA during 2006
from providing investment management services to the Fund (and, separately, to the entire DWS Scudder
fund complex), and reviewed with DIMA the cost allocation methodology used to determine DIMA's
profitability. In analyzing DIMA's costs and profits, the Board also reviewed the fees paid to and services
provided by DIMA and its affiliates with respect to administrative services, transfer agent services,
shareholder servicing and distribution (including fees paid pursuant to 12b-1 plans), as well as information
regarding other possible benefits derived by DIMA and its affiliates as a result of DIMA's relationship with the
Fund. As part of this review, the Board considered information provided by an independent accounting firm
engaged to review DIMA's cost allocation methodology and calculations. The Board concluded that the Fund's
investment management fee schedule represented reasonable compensation in light of the costs incurred by
DIMA and its affiliates in providing services to the Fund. The Board also reviewed information regarding the
profitability of certain similar investment management firms. The Board noted that while information regarding
the profitability of such firms is limited (and in some cases is not necessarily prepared on a comparable basis),
DIMA and its affiliates' overall profitability with respect to the DWS Scudder fund complex (after taking into
account distribution and other services provided to the funds by DIMA and its affiliates) was lower than the
overall profitability levels of many comparable firms for which such data was available.

The practices of DIMA and RREEF regarding the selection and compensation of brokers and dealers
executing portfolio transactions for the Fund.The Board considered that a portion of the Fund's brokerage
may be allocated to affiliates of DIMA or RREEF, subject to compliance with applicable SEC rules. The Board
also considered that, subject to ongoing review by the Board, a limited portion of the Fund's brokerage may be
allocated to brokers who acquire (and provide to DIMA and its affiliates) research services from third parties
that are generally useful to DIMA and its affiliates in managing client portfolios. The Board indicated that it
would continue to monitor the allocation of the Fund's brokerage to ensure that the principle of "best price
and execution" remains paramount in the portfolio trading process.

DIMA's commitment to and record of compliance, including its written compliance policies and procedures.In this regard, the Board considered DIMA's commitment to indemnify the Fund against any costs and
liabilities related to lawsuits or regulatory actions arising from allegations regarding market timing, revenue
sharing, fund valuation or other subjects arising from or relating to pending regulatory inquiries. The Board also
considered the significant attention and resources dedicated by DIMA to documenting and enhancing its
compliance processes in recent years. The Board noted in particular (i) the experience and seniority of DIMA's
chief compliance officer; (ii) the large number of compliance personnel who report to DIMA's chief compliance
officer; and (iii) the substantial commitment of resources by DIMA and its affiliates to compliance matters.

Deutsche Bank's commitment to its US mutual fund business.The Board considered recent and ongoing
efforts by Deutsche Bank to restructure its US mutual fund business to improve efficiency and
competitiveness and to reduce compliance and operational risk. The Board considered assurances received
from Deutsche Bank that it would commit the resources necessary to maintain high-quality services to the
Fund and its shareholders. The Board also considered Deutsche Bank's strategic plans for its US mutual fund
business, the potential benefits to Fund shareholders and Deutsche Bank's management of one of Europe's
most successful fund groups.

Based on all of the foregoing, the Board determined to continue the Fund's current investment management
agreement and the sub-advisory agreement, and concluded that the continuation of such agreements was in the
best interests of the Fund's shareholders.

In reaching this conclusion the Board did not give particular weight to any single factor identified above. The Board
considered these factors over the course of numerous meetings, many of which were in executive session with
only the Independent Trustees and their counsel present. It is possible that individual Trustees may have weighed
these factors differently in reaching their individual decisions to approve the continuation of the current
agreements.

Summary of Management Fee Evaluation by Independent
Fee Consultant

October 26, 2007

Pursuant to an Order entered into by Deutsche Investment Management Americas and affiliates (collectively,
"DeAM") with the Attorney General of New York, I, Thomas H. Mack, have been appointed the Independent Fee
Consultant for the DWS Scudder Funds. My duties include preparing an annual written evaluation of the
management fees DeAM charges the Funds, considering among other factors the management fees charged by
other mutual fund companies for like services, management fees DeAM charges other clients for like services,
DeAM's costs of supplying services under the management agreements and related profit margins, possible
economies of scale if a Fund grows larger, and the nature and quality of DeAM's services, including fund
performance. This report summarizes my evaluation for 2007, including my qualifications, the evaluation process
for each of the DWS Scudder Funds, consideration of certain complex-level factors, and my conclusions.

Qualifications

For more than 30 years I have served in various professional capacities within the investment management
business. I have held investment analysis and advisory positions, including securities analyst, portfolio strategist
and director of investment policy with a large investment firm. I have also performed business management
functions, including business development, financial management and marketing research and analysis.

Since 1991, I have been an independent consultant within the asset management industry. I have provided
services to over 125 client organizations, including investment managers, mutual fund boards, product
distributors and related organizations. Over the past several years I have completed a number of assignments for
mutual fund boards, specifically including assisting boards with management contract renewal.

I hold a Master of Business Administration degree, with highest honors, from Harvard University; and Master of
Science and Bachelor of Science (highest honors) degrees from the University of California at Berkeley. I am an
independent director and audit committee financial expert for two closed-end mutual funds, serve on the board of
directors of a private market research company, and have served in various leadership and financial oversight
capacities with non-profit organizations.

Evaluation of Fees for each DWS Scudder Fund

My work focused primarily on evaluating, fund-by-fund, the fees charged to each of the 136 Fund portfolios in the
DWS Scudder Fund family. For each Fund, I considered each of the key factors mentioned above, as well as any
other relevant information. In doing so I worked closely with the Funds' Independent Directors in their annual
contract renewal process, as well as in their approval of contracts for several new funds (documented separately).

In evaluating each Fund's fees, I reviewed comprehensive materials provided by or on behalf of DeAM, including
expense information prepared by Lipper Analytical, comparative performance information, profitability data,
manager histories, and other materials. I also accessed certain additional information from the Lipper, Strategic
Insight, and Morningstar databases and drew on my industry knowledge and experience.

To facilitate evaluating this considerable body of information, I prepared for each Fund a document summarizing
the key data elements in each area as well as additional analytics discussed below. This made it possible to
consider each key data element in the context of the others.

In the course of contract renewal, DeAM agreed to implement a number of fee and expense adjustments
requested by the Independent Directors which will favorably impact future fees and expenses, and my evaluation
includes the effects of these changes.

Fees and Expenses Compared with Other Funds

The competitive fee and expense evaluation for each fund focused on two primary comparisons:

The Fund's contractual management fee (the advisory fee plus the administration fee where applicable)
compared with those of a group of typically 12-15 funds in the same Lipper investment category (e.g. Large
Capitalization Growth) having similar distribution arrangements and being of similar size.

The Fund's total expenses compared with a broader universe of funds from the same Lipper investment
category and having similar distribution arrangements.

These two comparisons provide a view of not only the level of the fee compared with funds of similar scale but
also the total expense the Fund bears for all the services it receives, in comparison with the investment choices
available in the Fund's investment category and distribution channel. The principal figure-of-merit used in these
comparisons was the subject Fund's percentile ranking against peers.

DeAM's Fees for Similar Services to Others

DeAM provided management fee schedules for all of its US domiciled fund and non-fund investment
management accounts in any of the investment categories where there is a DWS Scudder Fund. These similar
products included the other DWS Scudder Funds, non-fund pooled accounts, institutional accounts and
sub-advisory accounts. Using this information, I calculated for each Fund the fee that would be charged to each
similar product, at the subject Fund's asset level.

Evaluating information regarding non-fund products is difficult because there are varying levels of services
required for different types of accounts, with mutual funds generally requiring considerably more regulatory and
administrative types of service as well as having more frequent cash flows than other types of accounts. Also,
while mutual fund fees for similar fund products can be expected to be similar, there will be some differences due
to different pricing conditions in different distribution channels (e.g. retail funds versus those used in variable
insurance products), differences in underlying investment processes and other factors.

Costs and Profit Margins

DeAM provided a detailed profitability analysis for each Fund. After making some adjustments so that the
presentation would be more comparable to the available industry figures, I reviewed profit margins from
investment management alone, from investment management plus other fund services (excluding distribution)
provided to the Funds by DeAM (principally shareholder services), and DeAM profits from all sources, including
distribution. A later section comments on overall profitability.

Economies of Scale

Economies of scale  an expected decline in management cost per dollar of fund assets as fund assets grow 
are very rarely quantified and documented because of inherent difficulties in collecting and analyzing relevant
data. However, in virtually every investment category that I reviewed, larger funds tend to have lower fees and
lower total expenses than smaller funds. To see how each DWS Scudder Fund compares with this industry
observation, I reviewed:

The trend in Fund assets over the last five years and the accompanying trend in total expenses. This shows if
the Fund has grown and, if so, whether total expense (management fees as well as other expenses) have
declined as a percent of assets.

Whether the Fund has break-points in its management fee schedule, the extent of the fee reduction built into
the schedule and the asset levels where the breaks take effect, and in the case of a sub-advised Fund how the
Fund's break-points compare with those of the sub-advisory fee schedule.

How the Fund's contractual fee schedule compares with trends in the industry data. To accomplish this, I
constructed a chart showing how actual latest-fiscal-year contractual fees of the Fund and of other similar
funds relate to average fund assets, with the subject Fund's contractual fee schedule superimposed.

Quality of Service  Performance

The quality-of-service evaluation focused on investment performance, which is the principal result of the
investment management service. Each Fund's performance was reviewed over the past 1, 3, 5 and 10 years, as
applicable, and compared with that of other funds in the same investment category and with a suitable market
index.

In addition, I calculated and reviewed risk-adjusted returns relative to an index of similar mutual funds' returns and
a suitable market index. The risk-adjusted returns analysis provides a way of determining the extent to which the
Fund's return comparisons are mainly the product of investment value-added (or lack thereof) or alternatively
taking considerably more or less risk than is typical in its investment category.

I also received and considered the history of portfolio manager changes for each Fund, as this provided an
important context for evaluating the performance results.

Complex-Level Considerations

While this evaluation was conducted mainly at the individual fund level, there are some issues relating to the
reasonableness of fees that can alternatively be considered across the whole fund complex:

I reviewed DeAM's profitability analysis for all DWS Scudder funds, with a view toward determining if the
allocation procedures used were reasonable and how profit levels compared with public data for other
investment managers.

I considered whether DeAM and affiliates receive any significant ancillary or "fall-out" benefits that should be
considered in interpreting the direct profitability results. These would be situations where serving as the
investment manager of the Funds is beneficial to another part of the Deutsche Bank organization.

I considered how aggregated DWS Scudder Fund expenses had varied over the years, by asset class and in the
context of trends in asset levels.

I reviewed the structure of the DeAM organization, trends in staffing levels, and information on compensation
of investment management and other professionals compared with industry data.

Findings

Based on the process and analysis discussed above, which included reviewing a wide range of information from
management and external data sources and considering among other factors the fees DeAM charges other
clients, the fees charged by other fund managers, DeAM's costs and profits associated with managing the Funds,
economies of scale, possible fall-out benefits, and the nature and quality of services provided, in my opinion the
management fees charged the DWS Scudder Funds are reasonable.

resvip_sigmack0Thomas H. Mack

Trustees and Officers

The following table presents certain information regarding the Board Members and Officers of the Trust as of
December 31, 2007. Each Board Member's year of birth is set forth in parentheses after his or her name. Unless
otherwise noted, (i) each Board Member has engaged in the principal occupation(s) noted in the table for at
least the most recent five years, although not necessarily in the same capacity, and (ii) the address of each
Independent Board Member is c/o Dawn-Marie Driscoll, PO Box 100176, Cape Coral, FL 33904. The term of office
for each Board Member is until the election and qualification of a successor, or until such Board Member sooner
dies, resigns, is removed or as otherwise provided in the governing documents of the fund. Because the fund
does not hold an annual meeting of shareholders, each Board Member will hold office for an indeterminate
period. The Board Members may also serve in similar capacities with other funds in the fund complex.

|Independent Board Members                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|----------------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Name, Year of Birth,
Position with the Fund
and Length of Time
Served   | Business Experience and Directorships During the Past Five Years                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|Dawn-Marie Driscoll (1946)Chairperson since 2006Board Member since 2006 | President, Driscoll Associates (consulting firm); Executive Fellow, Center for Business Ethics,
Bentley College; formerly, Partner, Palmer & Dodge (1988-1990); Vice President of Corporate
Affairs and General Counsel, Filene's (1978-1988). Directorships: Trustee of eight open-end
mutual funds managed by Sun Capital Advisers, Inc. (since 2007); Director of ICI Mutual
Insurance Company (since 2007); Advisory Board, Center for Business Ethics, Bentley
College; Trustee, Southwest Florida Community Foundation (charitable organization). Former
Directorships: Investment Company Institute (audit, executive, nominating committees) and
Independent Directors Council (governance, executive committees)
|Henry P. Becton, Jr. (1943)Board Member since 2006                      | Vice Chair, WGBH Educational Foundation. Directorships: Association of Public Television
Stations; Becton Dickinson and Company1 (medical technology company); Belo Corporation1
(media company); Boston Museum of Science; Public Radio International. Former
Directorships: American Public Television; Concord Academy; New England Aquarium; Mass.
Corporation for Educational Telecommunications; Committee for Economic Development;
Public Broadcasting Service                                                                                                                                                                                                                                                   
|Keith R. Fox (1954)Board Member since 2006                              | Managing General Partner, Exeter Capital Partners (a series of private equity funds).
Directorships: Progressive Holding Corporation (kitchen goods importer and distributor);
Natural History, Inc. (magazine publisher); Box Top Media Inc. (advertising); The Kennel Shop
(retailer)                                                                                                                                                                                                                                                                                                                                                                                                                                  
|Kenneth C. Froewiss (1945)Board Member since 2006                       | Clinical Professor of Finance, NYU Stern School of Business (1997-present); Member,
Finance Committee, Association for Asian Studies (2002-present); Director, Mitsui Sumitomo
Insurance Group (US) (2004-present); prior thereto, Managing Director, J.P. Morgan
(investment banking firm) (until 1996)                                                                                                                                                                                                                                                                                                                                                                                                                 
|Martin J. Gruber (1937)Board Member since 1999                          | Nomura Professor of Finance, Leonard N. Stern School of Business, New York University
(since September 1965); Director, Japan Equity Fund, Inc. (since January 1992), Thai Capital
Fund, Inc. (since January 2000), Singapore Fund, Inc. (since January 2000), National Bureau of
Economic Research (since January 2006). Formerly, Trustee, TIAA (pension funds) (January
1996-January 2000); Trustee, CREF and CREF Mutual Funds (January 2000-March 2005);
Chairman, CREF and CREF Mutual Funds (February 2004-March 2005); and Director, S.G.
Cowen Mutual Funds (January 1985-January 2001)                                                                                                                         
|Richard J. Herring (1946)Board Member since 1999                        | Jacob Safra Professor of International Banking and Professor, Finance Department, The
Wharton School, University of Pennsylvania (since July 1972); Co-Director, Wharton Financial
Institutions Center (since July 2000); Director, Japan Equity Fund, Inc. (since September
2007), Thai Capital Fund, Inc. (since September 2007), Singapore Fund, Inc. (since September
2007). Formerly, Vice Dean and Director, Wharton Undergraduate Division (July 1995-June
2000); Director, Lauder Institute of International Management Studies (July 2000-June 2006)                                                                                                                                                            
|Graham E. Jones (1933)Board Member since 2002                           | Senior Vice President, BGK Realty, Inc. (commercial real estate) (since 1995). Formerly,
Trustee of various investment companies managed by Sun Capital Advisors, Inc. (1998-2005),
Morgan Stanley Asset Management (1985-2001) and Weiss, Peck and Greer (1985-2005)                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|Rebecca W. Rimel (1951)Board Member since 2002                          | President and Chief Executive Officer, The Pew Charitable Trusts (charitable organization)
(1994 to present); Trustee, Thomas Jefferson Foundation (charitable organization) (1994 to
present); Trustee, Executive Committee, Philadelphia Chamber of Commerce (2001 to
present). Formerly, Executive Vice President, The Glenmede Trust Company (investment trust
and wealth management) (1983-2004); Board Member, Investor Education (charitable
organization) (2004-2005); Director, Viasys Health Care1 (January 2007-June 2007)                                                                                                                                                                                    
|William N. Searcy, Jr.
(1946)Board Member since 2002                    | Private investor since October 2003; Trustee of eight open-end mutual funds managed by Sun
Capital Advisers, Inc. (since October 1998). Formerly, Pension & Savings Trust Officer, Sprint
Corporation1 (telecommunications) (November 1989-September 2003)                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|Jean Gleason Stromberg
(1943)Board Member since 2006                    | Retired. Formerly, Consultant (1997-2001); Director, US Government Accountability Office
(1996-1997); Partner, Fulbright & Jaworski, L.L.P. (law firm) (1978-1996). Directorships: The
William and Flora Hewlett Foundation; Service Source, Inc. Former Directorships: Mutual
Fund Directors Forum (2002-2004), American Bar Retirement Association (funding vehicle for
retirement plans) (1987-1990 and 1994-1996)                                                                                                                                                                                                                                                                                                    
|Carl W. Vogt (1936)Board Member since 2006                              | Retired Senior Partner, Fulbright & Jaworski, L.L.P. (law firm); formerly, President (interim) of
Williams College (1999-2000); formerly, President of certain funds in the Deutsche Asset
Management family of funds (formerly, Flag Investors family of funds) (registered investment
companies) (1999-2000). Directorships: Yellow Corporation (trucking); American Science &
Engineering (x-ray detection equipment). Former Directorships: ISI Family of Funds (registered
investment companies, four funds overseen); National Railroad Passenger Corporation
(Amtrak); Waste Management, Inc. (solid waste disposal). Formerly, Chairman and Member,
National Transportation Safety Board                         

|Interested Board Member                                              
|---------------------------------------------------------------------
|Name, Year of Birth,
Position with the Fund
and Length of Time
Served
|Axel Schwarzer2(1958)Board Member since 2006                         

|Officers3                                                                           
|------------------------------------------------------------------------------------
|Name, Year of Birth,
Position with the Fund
and Length of Time
Served               
|Michael G. Clark5 (1965)President, 2006-present                                     
|John Millette6 (1962)Vice President and
Secretary, 2003-present                     
|Paul H. Schubert5 (1963)Chief Financial Officer,
2004-presentTreasurer, 2005-present
|Patricia DeFilippis5(1963)Assistant Secretary,
2005-present                         
|Elisa D. Metzger5 (1962)Assistant Secretary
2005-present                            
|Caroline Pearson6 (1962)Assistant Secretary,
2002-present                           
|Paul Antosca6 (1957)Assistant Treasurer,
2007-present                               
|Jack Clark6 (1967)Assistant Treasurer,
2007-present                                 
|Kathleen Sullivan D'Eramo6
(1957)Assistant Treasurer,
2003-present                  
|Diane Kenneally6(1966)Assistant Treasurer,
2007-present                             
|Jason Vazquez4 (1972)Anti-Money Laundering
Compliance Officer,
2007-present         
|Robert Kloby5 (1962)Chief Compliance Officer,
2006-present                          
|J. Christopher Jackson5
(1951)Chief Legal Officer,
2006-present                     

The fund's Statement of Additional Information ("SAI") includes additional information about the Board Members. The SAI is available, without
charge, upon request. If you would like to request a copy of the SAI, you may do so by calling the following toll-free number: (800) 621-1048.

resvip_backcover0resvip_back_cover logo0

Deutsche Investment Management Americas Inc. ("DIMA") is the Portfolio's Advisor and RREEF America L.L.C.
("RREEF") is the Portfolio's sub-advisor. DIMA and RREEF are indirect, wholly owned subsidiaries of Deutsche
Bank AG.

DWS Scudder is part of Deutsche Asset Management, which is the marketing name in the US for the asset
management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment
Management Americas Inc. and DWS Trust Company.

The views expressed in this report reflect those of the portfolio managers only through the end of the period of
the report as stated on the cover. The managers' views are subject to change at any time based on market and
other conditions and should not be construed as a recommendation.

This information must be preceded or accompanied by a current prospectus.

Portfolio changes should not be considered recommendations for action by individual investors.

DWS Scudder Distributors, Inc.
222 South Riverside Plaza
Chicago, IL 60606
(800) 778-1482

vit-res-2  (53315  2/08)

ITEM 2.
        CODE OF ETHICSAs of the end of the period, December 31, 2007, DWS RREEF Real Estate Securities VIP has a code of ethics, as defined in Item 2 of Form N-CSR, that applies to its Principal Executive Officer and Principal Financial Officer.

There have been no amendments to, or waivers from, a provision of the code of ethics during the period covered by this report that would require disclosure under Item 2.

A copy of the code of ethics is filed as an exhibit to this Form N-CSR.ITEM 3.
        AUDIT COMMITTEE FINANCIAL EXPERTThe Funds audit committee is comprised solely of trustees who are independent (as such term has been defined by the Securities and Exchange Commission (SEC) in regulations implementing Section 407 of the Sarbanes-Oxley Act (the Regulations)). The Funds Board of Trustees has determined that there are several audit committee financial experts serving on the Funds audit committee. The Board has determined that Keith R Fox, the chair of the Funds audit committee, qualifies as an audit committee financial expert (as such term has been defined by the Regulations) based on its review of Mr. Foxs pertinent experience and education. The SEC has stated that the designation or identification of a person as an audit committee financial expert
pursuant to this Item 3 of Form N-CSR does not impose on such person any duties, obligations or liability that are greater than the duties, obligations and liability imposed on such person as a member of the audit committee and board of directors in the absence of such designation or identification.ITEM 4.
        PRINCIPAL ACCOUNTANT FEES AND SERVICES
  DWS RREEF REAL ESTATE SECURITIES VIP FORM N-CSR DISCLOSURE RE: AUDIT FEES The following table shows the amount of fees that PricewaterhouseCoopers, LLP (PWC), the Funds independent registered public accounting firm, billed to the Fund during the Funds last two fiscal years.  The Audit Committee approved in advance all audit services and non-audit services that PWC provided to the Fund. The Audit Committee has delegated certain pre-approval responsibilities to its Chairman (or, in his absence, any other member of the Audit Committee). Services that the Funds Independent Registered Public Accounting Firm Billed to the Fund  Fiscal YearEndedDecember 31,
        Audit Fees Billed to Fund
        Audit-RelatedFees Billed to Fund
        Tax Fees Billed to Fund
        AllOther Fees Billed to Fund2007
        $36,875
        $0
        $0
        $02006
        $32,500
        $128
        $0
        $0
      The above Audit- Related Fees were billed for agreed upon procedures performed.  Services that the Funds Independent Registered Public Accounting Firm Billed to the Adviser and Affiliated Fund Service Providers The following table shows the amount of fees billed by PWC to Deutsche Investment Management Americas, Inc. (DeIM or the Adviser), and any entity controlling, controlled by or under common control with DeIM (Control Affiliate) that provides ongoing services to the Fund (Affiliated Fund Service Provider), for engagements directly related to the Funds operations and financial reporting, during the Funds last two fiscal years.  Fiscal YearDecember 31,
        Audit-RelatedFees Billedto Adviser and Affiliated Fund Service Providers
        Tax Fees Billed to Adviser and Affiliated Fund Service Providers
        AllOther Fees Billed to Adviser and Affiliated Fund Service Providers2007
        $58,500
        $25,000
        $02006
        $155,500
        $11,930
        $0
  The Audit-Related Fees were billed for services in connection with the agreed-upon procedures related to fund mergers and additional costs related to annual audits and the above Tax Fees were billed in connection with tax consultation and agreed-upon procedures. Non-Audit Services The following table shows the amount of fees that PWC billed during the Funds last two fiscal years for non-audit services. The Audit Committee pre-approved all non-audit services that PWC provided to the Adviser and any Affiliated Fund Service Provider that related directly to the Funds operations and financial reporting. The Audit Committee requested and received information from PWC about any non-audit services that PWC rendered during the Funds last fiscal year to the Adviser and any Affiliated Fund Service Provider.  The Committee considered this information in evaluating PWCs independence.      Fiscal YearEndedDecember 31,
        TotalNon-Audit Fees Billed to Fund
(A)
        Total Non-Audit Fees billed to Adviser and Affiliated Fund Service Providers (engagements related directly to the operations and financial reporting of the Fund)
(B)
        Total Non-Audit Fees billed to Adviser and Affiliated Fund Service Providers (all other engagements)
(C)
        Total of (A), (B)and (C)2007
        $0
        $25,000
        $600,000
        $625,0002006
        $0
        $11,930
        $0
        $11,930
  All other engagement fees were billed for services provided by PWC for services related to consulting on an IT project.  ITEM 5.
        AUDIT COMMITTEE OF LISTED REGISTRANTSNot ApplicableITEM 6.
        SCHEDULE OF INVESTMENTSNot ApplicableITEM 7.
        DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIESNot applicable.ITEM 8.
        PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIESNot applicable.
  ITEM 9.
        PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERSNot Applicable.
  ITEM 10.
        SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERSThe Committee on Independent Trustees/Directors selects and nominates Independent Trustees/Directors. Fund shareholders may submit nominees that will be considered by the committee when a Board vacancy occurs. Submissions should be mailed to: c/o Dawn-Marie Driscoll, PO Box 100176, Cape Coral, FL 33910.
      ITEM 11.
        CONTROLS AND PROCEDURES(a)          The Chief Executive and Financial Officers concluded that the Registrants Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.(b)         There have been no changes in the registrants internal control over financial reporting that occurred during the registrants last half-year (the registrants second fiscal half-year in the case of the annual report) that has materially affected, or is reasonably likely to materially affect, the registrants internal controls over financial reporting.ITEM 12.
        EXHIBITS(a)(1)     Code of Ethics pursuant to Item 2 of Form N-CSR is filed and attached hereto as EX-99.CODE ETH.(a)(2)     Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.(b)         Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT.


Form N-CSR Item F



SIGNATURES



Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



Registrant:
        DWS RREEF Real Estate Securities VIP, a series of DWS Investments VIT Funds




By:
        /s/Michael G. Clark


Michael G. Clark


President



Date:
        February 22, 2008






Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.



Registrant:
        DWS RREEF Real Estate Securities VIP, a series of DWS Investments VIT Funds




By:
        /s/Michael G. Clark


Michael G. Clark


President



Date:
        February 22, 2008






By:
        /s/Paul Schubert


Paul Schubert


Chief Financial Officer and Treasurer



Date:
        February 22, 2008