497 1 sp072108mega.txt 497 - PROSPECTUS STICKER (MEGA) SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS/PORTFOLIOS: ---------------------- Cash Account Trust: DWS Equity Partners Fund DWS Mid Cap Growth Fund Government & Agency Securities Portfolio DWS Europe Equity Fund DWS Money Market Prime Series Money Market Portfolio DWS Floating Rate Plus Fund DWS Money Market Series Tax-Exempt Portfolio DWS Global Bond Fund DWS New York Tax-Free Income Fund Cash Management Fund Institutional DWS Global Opportunities Fund DWS RREEF Global Infrastructure Fund Cash Reserve Fund, Inc.: DWS Global Thematic Fund DWS RREEF Global Real Estate Securities Prime Series DWS GNMA Fund Fund Cash Reserves Fund Institutional DWS Gold & Precious Metals Fund DWS RREEF Real Estate Securities Fund DWS Alternative Asset Allocation Plus Fund DWS Growth & Income Fund DWS S&P 500 Index Fund DWS Balanced Fund DWS Health Care Fund DWS Short Duration Fund DWS Blue Chip Fund DWS High Income Fund DWS Short Duration Plus Fund DWS California Tax-Free Income Fund DWS High Income Plus Fund DWS Short-Term Municipal Bond Fund DWS Capital Growth Fund DWS Inflation Protected Plus Fund DWS Small Cap Core Fund DWS Climate Change Fund DWS Intermediate Tax/AMT Free Fund DWS Small Cap Growth Fund DWS Commodity Securities Fund DWS International Fund DWS Small Cap Value Fund DWS Communications Fund DWS International Select Equity Fund DWS Strategic Government Securities Fund DWS Core Fixed Income Fund DWS International Value Opportunities DWS Strategic High Yield Tax Free Fund DWS Core Plus Allocation Fund Fund DWS Strategic Income Fund DWS Core Plus Income Fund DWS Japan Equity Fund DWS Target 2010 Fund DWS Disciplined Long/Short Growth Fund DWS Large Cap Value Fund DWS Target 2011 Fund DWS Disciplined Long/Short Value Fund DWS Large Company Growth Fund DWS Target 2012 Fund DWS Disciplined Market Neutral Fund DWS Latin America Equity Fund DWS Target 2013 Fund DWS Dreman Concentrated Value Fund DWS LifeCompass 2015 Fund DWS Target 2014 Fund DWS Dreman High Return Equity Fund DWS LifeCompass 2020 Fund DWS Technology Fund DWS Dreman Mid Cap Value Fund DWS LifeCompass 2030 Fund DWS U.S. Bond Index Fund DWS Dreman Small Cap Value Fund DWS LifeCompass 2040 Fund DWS Value Builder Fund DWS EAFE(R) Equity Index Fund DWS LifeCompass Income Fund Investors Cash Trust: DWS Emerging Markets Equity Fund DWS LifeCompass Protect Fund Treasury Portfolio DWS Emerging Markets Fixed Income Fund DWS LifeCompass Retirement Fund NY Tax Free Money Fund DWS Enhanced S&P 500 Index Fund DWS Lifecycle Long Range Fund Tax-Exempt California Money Market Fund DWS Equity 500 Index Fund DWS Managed Municipal Bond Fund Tax Free Money Fund Investment DWS Equity Income Fund DWS Massachusetts Tax-Free Fund DWS Micro Cap Fund ------------------------------------------------------------------------------------------------------------------------------------
On or about July 25, 2008, the following information replaces similar disclosure under "Policies about transactions" in the "Policies You Should Know About" section of each fund's/portfolio's prospectuses: Each fund/portfolio accepts payment for shares only in US dollars by check drawn on a US bank, bank or Federal Funds wire transfer or by electronic bank transfer. Please note that a fund/portfolio does not accept payment in the following forms: cash, money orders, traveler's checks, starter checks, checks drawn on foreign banks or checks issued by credit card companies or Internet-based companies. In addition, a fund/portfolio generally does not accept third party checks. A third party check is any check not made payable directly to DWS Investments, except for any check payable to you from one of your other DWS accounts. Under certain circumstances, a fund/portfolio may accept a third party check (i) for retirement plan contributions, asset transfers and rollovers, (ii) as contributions into Uniform Gift to Minors Act/Uniform Transfers to Minors Act accounts, (iii) payable from acceptable US and state government agencies, and (iv) from other DWS funds (such as a redemption or dividend check) for investment only in a similarly registered account. Subject to the foregoing, checks should normally be payable to DWS Investments and drawn by you or a financial institution on your behalf with your name or account number included with the check. Please Retain This Supplement for Future Reference July 25, 2008 DMF-3671 [DWS INVESTMENTS LOGO] Deutsche Bank Group