-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G9AOCA2r02ASWzzgq1kjF3q1pmh3OXVs0RovolCV4BcypGHdnN468JtVxjzTqoXC R+QwWcG8GBrxWBLknGYDNQ== 0000088053-07-001235.txt : 20071031 0000088053-07-001235.hdr.sgml : 20071030 20071031162313 ACCESSION NUMBER: 0000088053-07-001235 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071031 DATE AS OF CHANGE: 20071031 EFFECTIVENESS DATE: 20071031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS ADVISOR FUNDS CENTRAL INDEX KEY: 0000797657 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-07404 FILM NUMBER: 071203139 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 412881401 MAIL ADDRESS: STREET 1: ONE SOUTH STREET STREET 2: XX CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER ADVISOR FUNDS DATE OF NAME CHANGE: 20030519 FORMER COMPANY: FORMER CONFORMED NAME: BT INVESTMENT FUNDS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BT TAX FREE INVESTMENT TRUST DATE OF NAME CHANGE: 19880530 0000797657 S000012353 DWS RREEF Global Real Estate Securities Fund C000033584 Class A C000033585 Class C C000033586 Class S C000033587 Institutional Class 497 1 ss103107af_rgres.txt SAI STICKER Supplement to the Currently Effective Statement of Additional Information DWS RREEF Global Real Estate Securities Fund All references in the Fund's statement of additional information (the "SAI") to "Deutsche Asset Management International GmbH" as a sub-subadvisor to the Fund and all references to a "sub-sub-subadvisor" to the Fund are deleted and the three paragraphs in the subsection entitled "Sub-subadvisors" under the section of the SAI entitled "Management of the Fund--Investment Advisor" are replaced in their entirety by the following: Pursuant to investment sub-advisory agreements between RREEF and RREEF Global Advisers Limited, Deutsche Asset Management (Hong Kong) Limited and Deutsche Investments Australia Limited (the "sub-subadvisors"), these entities act as sub-subadvisors to the fund. The sub-subadvisors are indirect, wholly owned subsidiaries of Deutsche Bank AG. As sub-subadvisors, under the supervision of the Board of Trustees, DIMA and RREEF, the sub-subadvisors manage the fund's investments in specific foreign markets. RREEF allocates, and re-allocates as it deems appropriate, the fund's assets among the sub-subadvisors. RREEF Global Advisers Limited, Winchester House, 1 Great Winchester Street, London, United Kingdom, EC2N 2DB, manages stock selection decisions for the European portion of the fund's portfolio. Deutsche Asset Management (Hong Kong) Limited, 55/F Cheung Kong Centre, 2 Queen's Road Central, Hong Kong, China, and Deutsche Investments Australia Limited, Level 21, 83 Clarence Street, Sydney, Australia, NSW, 2000, manage the stock selection decisions for the Asian and Australian portions of the fund's portfolio, respectively. All references in the Fund's SAI to a "sub-sub-subadvisor" to the Fund are deleted and any sentences with the phrase "or sub-sub-subadvisor" or "and sub-sub-subadvisor" are to be read as if such phrase was deleted. Please Retain This Supplement for Future Reference October 31, 2007 [Logo]DWS SCUDDER Deutsche Bank Group -----END PRIVACY-ENHANCED MESSAGE-----