497 1 ss032207mega.txt SAI STICKER Supplement to the currently effective Statements of Additional Information of each of the listed funds/portfolios:
Cash Account Trust DWS Equity Income Fund DWS RREEF Global Real Estate Government & Agency Securities DWS Equity Partners Fund Securities Fund Portfolio DWS Europe Equity Fund DWS RREEF Real Estate Securities Fund Money Market Portfolio DWS Global Bond Fund DWS S&P 500 Index Fund Tax-Exempt Portfolio DWS Global Opportunities Fund DWS Short Duration Fund Cash Management Fund Institutional DWS Global Thematic Fund DWS Short Duration Plus Fund Cash Management Fund Investment DWS GNMA Fund DWS Short Term Bond Fund Cash Reserve Fund, Inc. DWS Gold & Precious Metals Fund DWS Short-Term Municipal Bond Fund Prime Series DWS Growth & Income Fund DWS Small Cap Core Fund Treasury Series DWS Growth Allocation Fund DWS Small Cap Growth Fund Cash Reserves Fund Institutional DWS Growth Plus Allocation Fund DWS Small Cap Value Fund Daily Assets Fund Institutional DWS Health Care Fund DWS Strategic Income Fund DWS Balanced Fund DWS High Income Fund DWS Target 2008 Fund DWS Blue Chip Fund DWS High Income Plus Fund DWS Target 2010 Fund DWS California Tax-Free Income Fund DWS High Yield Tax Free Fund DWS Target 2011 Fund DWS Capital Growth Fund DWS Inflation Protected Plus Fund DWS Target 2012 Fund DWS Commodity Securities Fund DWS Intermediate Tax/AMT Free Fund DWS Target 2013 Fund DWS Communications Fund DWS International Equity Fund DWS Target 2014 Fund DWS Conservative Allocation Fund DWS International Fund DWS Technology Fund DWS Core Fixed Income Fund DWS International Select Equity Fund DWS U.S. Bond Index Fund DWS Core Plus Allocation Fund DWS International Value Opportunities DWS U.S. Government Securities Fund DWS Core Plus Income Fund Fund DWS U.S. Treasury Money Fund DWS Disciplined Long/Short Growth Fund DWS Japan Equity Fund DWS Value Builder Fund DWS Disciplined Long/Short Value Fund DWS Large Cap Value Fund Investors Cash Trust DWS Disciplined Market Neutral Fund DWS Large Company Growth Fund Treasury Portfolio DWS Dreman Concentrated Value Fund DWS Latin America Equity Fund Money Market Fund Investment DWS Dreman High Return Equity Fund DWS Lifecycle Long Range Fund NY Tax Free Money Fund DWS Dreman Mid Cap Value Fund DWS Managed Municipal Bond Fund Tax Free Money Fund Investment DWS Dreman Small Cap Value Fund DWS Massachusetts Tax-Free Fund Tax-Exempt California Money Market Fund DWS EAFE(R) Equity Index Fund DWS Micro Cap Fund Treasury Money Fund DWS Emerging Markets Equity Fund DWS Mid Cap Growth Fund Treasury Money Fund Investment DWS Emerging Markets Fixed Income Fund DWS Moderate Allocation Fund DWS Enhanced S&P 500 Index Fund DWS Money Market Prime Series DWS Equity 500 Index Fund DWS Money Market Series DWS New York Tax-Free Income Fund DWS Pacific Opportunities Equity Fund
The following information supplements disclosure under "Custodian, Transfer Agent and Shareholder Service Agent" or "Transfer Agent and Shareholder Service Agent" in the "Fund Service Providers" section of each Fund's/Portfolio's Statements of Additional Information: The Transfer Agent receives an annual service fee for each account of the Fund, based on the type of account. For open retail accounts, the fee is a flat fee ranging from $20.00 to $27.50 per account, for open wholesale money funds the fee is $32.50 per account, while for certain retirement accounts serviced on the recordkeeping system of ADP, Inc., the fee is a flat fee up to $3.46 per account (as of October 2006, indexed to inflation) plus an asset based fee of up to 0.25% of average net assets. 1/12th of the annual service charge for each account is charged and payable to the Transfer Agent each month. A fee is charged for any account which at any time during the month had a share balance in the Fund. Smaller fees are also charged for closed accounts for which information must be retained on the Transfer Agent's system for up to 18 months after closing for tax reporting purposes. Certain out-of-pocket expenses incurred by the Transfer Agent, including expenses of printing and mailing routine fund disclosure documents, costs of record retention and transaction processing costs are reimbursed by the Fund or are paid directly [Logo]DWS SCUDDER Deutsche Bank Group by the Fund. Certain additional out-of-pocket expenses, including costs of computer hardware and software, third party record-keeping and processing of proxy statements, may only be reimbursed by the Fund with the prior approval of the Fund's Board. Effective April 1, 2007, DWS Scudder Investments Service Company is the Transfer Agent for all classes of all DWS funds. Please Retain This Supplement for Future Reference March 22, 2007 2