DRESDNER RCM CAPITAL FUNDS, INC.
               SUPPLEMENT DATED JUNE 29, 1998
    TO COMBINED PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION
                           DATED MAY 1, 1998

The   following  information  supplements  and  should  be   read   in
conjunction with the similar information found on the Cover  Page  and
in  the  Sections entitled "Synopsis" and "Investment  Objectives  and
Policies"  at pages 1 and 7, respectively, of the Combined  Prospectus
and Statement of Additional Information:
                                   
                      Dresdner RCM Small Cap Fund

The Fund's investment objective is to seek appreciation of capital  by
investing,  during  normal market conditions,  at  least  80%  of  its
investments  in  equity and equity-related securities  of  small-sized
concerns.  "Small-sized concerns" is defined as encompassing companies
whose  equity securities have a total market capitalization of  up  to
approximately  $1  billion at the time of acquisition.   Under  normal
market  conditions, the Fund will invest at least  65%  of  its  total
assets in equity and equity-related securities of such concerns.
Under  normal market conditions, the Fund will not purchase the equity
and  equity-related  securities of companies whose  equity  securities
have  a total market capitalization of greater than approximately $1.5
billion at the time of acquisition.  The Fund will not be required  to
sell  portfolio  securities solely on account of  the  fact  that  the
market  capitalization of the issuer's equity securities has  exceeded
$1.5  billion, or be prevented from purchasing or be required to  sell
other  portfolio securities as a result of such change.  However,  the
Fund  will  sell  portfolio  securities  of  an  issuer  whose  market
capitalization,  as  of the end of the most recent  calendar  quarter,
exceeded   $2.0  billion.   Although  the  market  capitalization   of
portfolio  securities at the time of purchase is used  for  compliance
purposes,  the Fund anticipates that the average market capitalization
of  the  portfolio  at  market value generally  will  approximate  the
average  market  capitalization of the securities  that  comprise  the
Russell  2000  Index.   As  of  the date hereof,  the  average  market
capitalization of the securities that comprise the Russell 2000  Index
is $1.016 billion.