497 1 sp011907mega.txt PROSPECTUS STICKER SUPPLEMENT TO THE CURRENTLY EFFECTIVE INSTITUTIONAL CLASS PROSPECTUSES OF EACH OF THE LISTED FUNDS/PORTFOLIOS: --------------------- Cash Account Trust DWS Dreman Concentrated DWS Large Cap Value Fund Government & Agency Value Fund DWS Large Company Securities Portfolio DWS Dreman High Return Growth Fund Money Market Portfolio Equity Fund DWS Lifecycle Long Tax-Exempt Portfolio DWS Dreman Mid Cap Range Fund Cash Management Fund Value Fund DWS Managed Municipal Institutional DWS Dreman Small Cap Bond Fund Cash Reserve Fund, Inc. Value Fund DWS Micro Cap Fund Prime Series DWS EAFE(R) Equity Index DWS Mid Cap Growth Fund Tax-Free Series Fund DWS Money Market Series Treasury Series DWS Equity 500 Index DWS RREEF Global Real Daily Assets Fund Fund Estate Securities Fund Institutional DWS Equity Income Fund DWS RREEF Real Estate DWS Balanced Fund DWS Equity Partners Fund Securities Fund DWS Blue Chip Fund DWS Europe Equity Fund DWS Short Duration Fund DWS Capital Growth Fund DWS Growth & Income Fund DWS Short-Term DWS Commodity Securities DWS Health Care Fund Municipal Bond Fund Fund DWS High Income Fund DWS Small Cap Growth DWS Communications Fund DWS High Income Plus Fund DWS Core Fixed Income Fund DWS Technology Fund Fund DWS High Yield Tax Free DWS U.S. Bond Index Fund DWS Core Plus Allocation Fund DWS U.S. Government Fund DWS Inflation Protected Securities Fund DWS Core Plus Income Fund Plus Fund DWS Value Builder Fund DWS Disciplined DWS Intermediate Treasury Money Fund Long/Short Growth Fund Tax/AMT Free Fund DWS Disciplined DWS International Fund Long/Short Value Fund DWS International DWS Disciplined Market Select Equity Fund Neutral Fund DWS International Value Opportunities Fund The following information replaces in its entirety the disclosure under "Investment minimums" in the "Buying and Selling Institutional Class Shares" section of each fund's/portfolio's Institutional Class prospectuses: Investment minimums Your initial investment must be for at least $1,000,000. There are no minimum subsequent investment requirements. The minimum initial investment is waived for: o Shareholders with existing accounts prior to August 13, 2004 who met the previous minimum investment eligibility requirement. o Investment advisory affiliates of Deutsche Bank Securities, Inc., DWS funds or Deutsche funds purchasing shares for the accounts of their investment advisory clients. o Employee benefit plans with assets of at least $50 million. o Clients of the private banking division of Deutsche Bank AG. o Institutional clients and qualified purchasers that are clients of a division of Deutsche Bank AG. o A current or former director or trustee of the Deutsche or DWS mutual funds. o An employee, the employee's spouse or life partner and children or stepchildren age 21 or younger of Deutsche Bank or its affiliates or a sub-advisor to any fund in the DWS family of funds or a broker-dealer authorized to sell shares of the funds. o Registered investment advisors who trade through platforms approved by the Advisor and whose client assets in the aggregate meet the $1,000,000 minimum investment. Each fund reserves the right to modify the above eligibility requirements and investment minimums at any time. Please Retain This Supplement for Future Reference [Logo]DWS SCUDDER January 19, 2007 Deutsche Bank Group