-----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, L1Mxv334N0uHsIahlHynxIA9CLqhsUsb28eoHUvW40qDt4/79CYOK0shoWFZAArm Yobf0ROC6Cg3jyFKr2n2jQ== 0000088053-08-001350.txt : 20081210 0000088053-08-001350.hdr.sgml : 20081210 20081209173151 ACCESSION NUMBER: 0000088053-08-001350 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081210 DATE AS OF CHANGE: 20081209 EFFECTIVENESS DATE: 20081210 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: 081239283 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 S000005729 DWS Mid Cap Growth Fund C000015728 Class A SMCAX C000015730 Class B SMCBX C000015731 Class C SMCCX C000015733 Class S SMCSX C000015734 Institutional Class BTEAX 0000797657 S000005731 DWS Small Cap Growth Fund C000015737 Class A SSDAX C000015739 Class B SSDBX C000015740 Class C SSDCX C000015742 Class S SSDSX C000015743 Institutional Class SSDIX 0000797657 S000012425 DWS Micro Cap Fund C000033701 Class A C000033702 Class B C000033703 Class C C000033704 Class S C000033705 Institutional Class 497 1 sp120908af.txt 497 - PROSPECTUS STICKER SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES ----------------- DWS Micro Cap Fund DWS Mid Cap Growth Fund DWS Small Cap Growth Fund Effective December 9, 2008, the following information replaces information about the portfolio management team in the "Portfolio management" section of the funds' prospectuses: The following people handle the day-to-day management of each fund: Joseph Axtell, CFA Jeffrey Saeger, CFA Managing Director of Deutsche Asset Director of Deutsche Asset Management Management and Portfolio Manager of and Portfolio Manager of the fund. the fund. o Joined Deutsche Asset Management o Joined Deutsche Asset Management in in 1996 and the fund effective 2001 and the fund in 2006. January 15, 2009. o Senior analyst at Merrill Lynch o Over 14 years of investment Investment Managers for the industry experience. international equity portion of a o BS, State University of New York global balanced portfolio at Fredonia. (1996-2001). o Director, International Research at PCM International (1989-1996). o Associate manager, structured debt and equity group at Prudential Capital Corporation (1988-1989). o Analyst at Prudential-Bache Capital Funding in London (1987-1988). o Equity analyst in the healthcare sector at Prudential Equity Management Associates (1985-1987). o B.S. Carlson School of Management, University of Minnesota. Rafaelina M. Lee Director of Deutsche Asset Management and Portfolio Manager of the fund. o Joined Deutsche Asset Management in 1999 and the fund in 2008. o Research analyst for US Micro, Small and Mid Cap Equity: New York o Over 20 years of investment industry experience. o BA, Columbia University; MBA, Stern School of Business, New York University. Please Retain This Supplement for Future Reference 1 [DWS INVESTMENTS LOGO] Deutsche Bank Group December 9, 2008 DMF-3684 -----END PRIVACY-ENHANCED MESSAGE-----