-----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, HOyPxNzKtBJI8M9NPEFLbt7R5NUqpFYmtpS41sucK/Z/X4PT8AhVtlkxVQwzweLM 4YBicNpTueRJ4JkO+YOnfg== 0000088053-07-000484.txt : 20070413 0000088053-07-000484.hdr.sgml : 20070413 20070413155459 ACCESSION NUMBER: 0000088053-07-000484 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070413 DATE AS OF CHANGE: 20070413 EFFECTIVENESS DATE: 20070413 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS VALUE BUILDER FUND, INC. CENTRAL INDEX KEY: 0000885111 IRS NUMBER: 521772203 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-46279 FILM NUMBER: 07765923 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 8007673524 MAIL ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: DWS VALUE BUILDER FUND DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER FLAG INVESTORS VALUE BUILDER FUND INC DATE OF NAME CHANGE: 20030519 FORMER COMPANY: FORMER CONFORMED NAME: FLAG INVESTORS VALUE BUILDER FUND INC DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS U.S. GOVERNMENT SECURITIES FUND CENTRAL INDEX KEY: 0000202163 IRS NUMBER: 163060398 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-57937 FILM NUMBER: 07765924 BUSINESS ADDRESS: STREET 1: 120 S LASALLE ST CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 3127811121 MAIL ADDRESS: STREET 1: 120 S. LASALLE STREET CITY: CHICAGO STATE: IL ZIP: 60603 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER U S GOVERNMENT SECURITIES FUND DATE OF NAME CHANGE: 20010625 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER U S GOVERNMENT SECURITIES FUND DATE OF NAME CHANGE: 19930707 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER FUND FOR GOVERNMENT GUARANTEED SECURITIES INC DATE OF NAME CHANGE: 19820421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS BLUE CHIP FUND CENTRAL INDEX KEY: 0000823342 IRS NUMBER: 363542349 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-17777 FILM NUMBER: 07765917 BUSINESS ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3125371569 MAIL ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER BLUE CHIP FUND DATE OF NAME CHANGE: 20010614 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER BLUE CHIP FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS TAX FREE TRUST CENTRAL INDEX KEY: 0000711600 IRS NUMBER: 042782118 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-81105 FILM NUMBER: 07765926 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-295-2578 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TAX FREE TRUST DATE OF NAME CHANGE: 19930909 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TAX FREE TARGET FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS ALLOCATION SERIES CENTRAL INDEX KEY: 0000926425 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-86070 FILM NUMBER: 07765919 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6172951000 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER PATHWAY SERIES /NEW/ DATE OF NAME CHANGE: 19970819 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER PRIME FUND DATE OF NAME CHANGE: 19940706 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS INVESTORS FUNDS, INC. CENTRAL INDEX KEY: 0001039826 IRS NUMBER: 232905982 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-07008 FILM NUMBER: 07765934 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 8007301313 MAIL ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INVESTORS FUNDS INC DATE OF NAME CHANGE: 20030519 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE INVESTORS FUNDS INC DATE OF NAME CHANGE: 20010503 FORMER COMPANY: FORMER CONFORMED NAME: FLAG INVESTORS FUNDS INC DATE OF NAME CHANGE: 20000118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS STRATEGIC INCOME FUND CENTRAL INDEX KEY: 0000216314 IRS NUMBER: 362921989 STATE OF INCORPORATION: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-58921 FILM NUMBER: 07765927 BUSINESS ADDRESS: STREET 1: 222 RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3125371569 MAIL ADDRESS: STREET 1: 222 RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER STRATEGIC INCOME FUND DATE OF NAME CHANGE: 20010625 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER DIVERSIFIED INCOME FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER OPTION INCOME FUND DATE OF NAME CHANGE: 19890622 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS INTERNATIONAL FUND, INC. CENTRAL INDEX KEY: 0000088053 IRS NUMBER: 132827803 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-14400 FILM NUMBER: 07765936 BUSINESS ADDRESS: STREET 1: 345 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 2123266200 MAIL ADDRESS: STREET 1: 345 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10154 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INTERNATIONAL FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INTERNATIONAL INVESTMENTS LTD DATE OF NAME CHANGE: 19761203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS TECHNOLOGY FUND CENTRAL INDEX KEY: 0000096790 IRS NUMBER: 366051878 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-10668 FILM NUMBER: 07765925 BUSINESS ADDRESS: STREET 1: 120 S LASALLE ST CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 3127811121 MAIL ADDRESS: STREET 1: 120 S. LASALLE STREET CITY: CHICAGO STATE: IL ZIP: 60603 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TECHNOLOGY FUND DATE OF NAME CHANGE: 20010625 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER TECHNOLOGY FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: TECHNOLOGY FUND INC DATE OF NAME CHANGE: 19870120 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS GLOBAL/INTERNATIONAL FUND, INC. CENTRAL INDEX KEY: 0000793597 IRS NUMBER: 000000000 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-05724 FILM NUMBER: 07765912 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: 2 INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6173305464 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: 2 INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL/INTERNATIONAL FUND INC DATE OF NAME CHANGE: 19980605 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER GLOBAL FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS VALUE SERIES, INC CENTRAL INDEX KEY: 0000825062 IRS NUMBER: 000000000 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-18477 FILM NUMBER: 07765921 BUSINESS ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 3125371569 MAIL ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER VALUE SERIES INC DATE OF NAME CHANGE: 20010625 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER VALUE SERIES INC DATE OF NAME CHANGE: 19990119 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER VALUE FUND INC DATE OF NAME CHANGE: 19970722 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS MUTUAL FUNDS, INC. CENTRAL INDEX KEY: 0000832946 IRS NUMBER: 000000000 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-22059 FILM NUMBER: 07765932 BUSINESS ADDRESS: STREET 1: 345 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 617-295-3986 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER MUTUAL FUNDS INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS EQUITY PARTNERS FUND, INC. CENTRAL INDEX KEY: 0000933402 IRS NUMBER: 521912412 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-86832 FILM NUMBER: 07765915 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 800-767-35 MAIL ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: DWS EQUITY PARTNERS FUND DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER FLAG INVESTORS EQUITY PARTNERS FUND INC DATE OF NAME CHANGE: 20030519 FORMER COMPANY: FORMER CONFORMED NAME: FLAG INVESTORS EQUITY PARTNERS FUND INC DATE OF NAME CHANGE: 19941202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS EQUITY TRUST CENTRAL INDEX KEY: 0001052427 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-43815 FILM NUMBER: 07765914 BUSINESS ADDRESS: STREET 1: 222 S RIVERSIDE PLAZA STREET 2: 2 INTERNATIONAL PLACE CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 617-295-2578 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110-4103 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER EQUITY TRUST/IL DATE OF NAME CHANGE: 20010726 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER EQUITY TRUST DATE OF NAME CHANGE: 19980106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS INSTITUTIONAL FUNDS CENTRAL INDEX KEY: 0000862157 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-34079 FILM NUMBER: 07765937 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-895-3875 MAIL ADDRESS: STREET 1: ONE SOUTH STREET STREET 2: XX CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INSTITUTIONAL FUNDS DATE OF NAME CHANGE: 20030519 FORMER COMPANY: FORMER CONFORMED NAME: BT INSTITUTIONAL FUNDS DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS COMMUNICATIONS FUND, INC. CENTRAL INDEX KEY: 0000731129 IRS NUMBER: 521319644 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-87336 FILM NUMBER: 07765916 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4108953761 MAIL ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: DWS COMMUNICATIONS FUND DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER FLAG INVESTORS COMMUNICATIONS FUND INC DATE OF NAME CHANGE: 20030519 FORMER COMPANY: FORMER CONFORMED NAME: FLAG INVESTORS COMMUNICATIONS FUND INC DATE OF NAME CHANGE: 19980430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS PORTFOLIO TRUST CENTRAL INDEX KEY: 0000088063 IRS NUMBER: 046013018 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-13627 FILM NUMBER: 07765931 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110-4103 BUSINESS PHONE: 617-295-3986 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER PORTFOLIO TRUST/ DATE OF NAME CHANGE: 19930305 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INCOME FUND DATE OF NAME CHANGE: 19921109 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER STEVENS & CLARK BALANCED FUND INC DATE OF NAME CHANGE: 19770604 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS SECURITIES TRUST CENTRAL INDEX KEY: 0000088048 IRS NUMBER: 132661231 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-36238 FILM NUMBER: 07765930 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-295-3986 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER SECURITIES TRUST DATE OF NAME CHANGE: 19950908 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER DEVELOPMENT FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER AM FUND DATE OF NAME CHANGE: 19710112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS INVESTMENT TRUST CENTRAL INDEX KEY: 0000088064 IRS NUMBER: 042212654 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-13628 FILM NUMBER: 07765935 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-295-3986 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT TRUST DATE OF NAME CHANGE: 19980529 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INVESTMENT TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER GROWTH & INCOME FUND DATE OF NAME CHANGE: 19910402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS BALANCED FUND CENTRAL INDEX KEY: 0000095603 IRS NUMBER: 366103490 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-21789 FILM NUMBER: 07765918 BUSINESS ADDRESS: STREET 1: 120 S LASALLE ST CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 3127811121 MAIL ADDRESS: STREET 1: 120 S. LASALLE STREET CITY: CHICAGO STATE: IL ZIP: 60603 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TOTAL RETURN FUND DATE OF NAME CHANGE: 20010614 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER TOTAL RETURN FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER TOTAL RETURN FUND INC DATE OF NAME CHANGE: 19871206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS MUNICIPAL TRUST CENTRAL INDEX KEY: 0000203142 IRS NUMBER: 046396607 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-57139 FILM NUMBER: 07765933 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-295-3986 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER MANAGED MUNICIPAL BONDS DATE OF NAME CHANGE: 19880302 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS HIGH INCOME SERIES CENTRAL INDEX KEY: 0000225528 IRS NUMBER: 362955386 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-60330 FILM NUMBER: 07765911 BUSINESS ADDRESS: STREET 1: 222 S RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3125371569 MAIL ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER HIGH INCOME SERIES DATE OF NAME CHANGE: 20030404 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER HIGH YIELD SERIES DATE OF NAME CHANGE: 20010625 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER HIGH YIELD SERIES DATE OF NAME CHANGE: 19971020 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS FUNDS TRUST CENTRAL INDEX KEY: 0000354472 IRS NUMBER: 042771492 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-73371 FILM NUMBER: 07765913 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-295-3986 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER FUNDS TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TARGET FUND DATE OF NAME CHANGE: 19890904 FORMER COMPANY: FORMER CONFORMED NAME: INCOME INVESTMENT FUND DATE OF NAME CHANGE: 19821107 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS STATE TAX-FREE INCOME SERIES CENTRAL INDEX KEY: 0000714287 IRS NUMBER: 363221104 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-81549 FILM NUMBER: 07765928 BUSINESS ADDRESS: STREET 1: 222 S RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3127811121 MAIL ADDRESS: STREET 1: 120 S. LASALLE STREET CITY: CHICAGO STATE: IL ZIP: 60603 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER STATE TAX-FREE INCOME SERIES DATE OF NAME CHANGE: 20010625 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER STATE TAX FREE INCOME SERIES DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER CALIFORNIA TAX FREE INCOME FUND INC DATE OF NAME CHANGE: 19900815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS STATE TAX FREE TRUST CENTRAL INDEX KEY: 0000720245 IRS NUMBER: 042794035 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-84021 FILM NUMBER: 07765929 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 617-295-2578 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: DWS STATE TAX-FREE TRUST DATE OF NAME CHANGE: 20060406 FORMER COMPANY: FORMER CONFORMED NAME: DWS STATE TAX FREE TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER STATE TAX FREE TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS INCOME TRUST CENTRAL INDEX KEY: 0000747677 IRS NUMBER: 000000000 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-91577 FILM NUMBER: 07765938 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PL STREET 2: C/O SCUDDER CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6173305464 MAIL ADDRESS: STREET 1: TWO INTERNATIONAL PLACE STREET 2: C/O SCUDDER CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INCOME TRUST DATE OF NAME CHANGE: 20000616 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS VALUE EQUITY TRUST CENTRAL INDEX KEY: 0000088051 IRS NUMBER: 132578688 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-78724 FILM NUMBER: 07765922 BUSINESS ADDRESS: STREET 1: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110-4103 BUSINESS PHONE: 617-295-3986 MAIL ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: TWO INTERNATIONAL PLACE CITY: BOSTON STATE: MA ZIP: 02110 FORMER COMPANY: FORMER CONFORMED NAME: VALUE EQUITY TRUST DATE OF NAME CHANGE: 19980605 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER EQUITY TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER CAPITAL GROWTH FUND INC DATE OF NAME CHANGE: 19880411 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: 07765920 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 0000088048 S000006103 DWS Health Care Fund C000016782 Class A SUHAX C000016784 Class B SUHBX C000016785 Class C SUHCX C000016786 Class S SCHLX C000016787 Institutional Class SUHIX 0000088048 S000006104 DWS Small Cap Value Fund C000016788 Class A SAAUX C000016789 Class B SABUX C000016790 Class C SACUX C000016791 Class S SCSUX 0000088051 S000006157 DWS Enhanced S&P 500 Index Fund C000016972 Class A OUTDX C000016974 Class B OUTBX C000016975 Class C OUTCX C000016976 Class R OUTRX C000016977 Class S SSFFX 0000088051 S000006158 DWS Equity Income Fund C000016978 Class A SDDAX C000016979 Class B SDDBX C000016980 Class C SDDCX C000016981 Class S SDDSX C000016982 Institutional Class SDDGX 0000088053 S000006028 DWS Emerging Markets Equity Fund C000016557 Class A SEKAX C000016559 Class B SEKBX C000016560 Class C SEKCX C000016561 Class S SEMGX 0000088053 S000006029 DWS Europe Equity Fund C000016562 Class A SERAX C000016564 Class B SERBX C000016565 Class C SERCX C000016566 Class S SCGEX C000016567 Institutional Class SERNX 0000088053 S000006030 DWS International Fund C000016568 Class A SUIAX C000016570 Class B SUIBX C000016571 Class C SUICX C000016572 Class S SCINX C000016573 Institutional Class SUIIX 0000088053 S000006031 DWS Latin America Equity Fund C000016574 Class A SLANX C000016576 Class B SLAOX C000016577 Class C SLAPX C000016579 Class S SLAFX 0000088053 S000006032 DWS Pacific Opportunities Equity Fund C000016580 Class A SPAOX C000016582 Class B SBPOX C000016583 Class C SPCCX C000016584 Class S SCOPX 0000088053 S000012354 DWS International Value Opportunities Fund C000033588 Class A C000033589 Class C C000033590 Class S C000033591 Institutional Fund 0000088063 S000006101 DWS Core Plus Income Fund C000016770 Class A SZIAX C000016772 Class B SZIBX C000016773 Class C SZICX C000016774 Class S SCSBX C000016775 Institutional Class SZIIX 0000088064 S000005705 DWS Capital Growth Fund C000015670 Class A SDGAX C000015672 Class B SDGBX C000015673 Class C SDGCX C000015674 Class R SDGRX C000015675 Class S SCGSX C000015676 Institutional Class SDGTX 0000088064 S000005706 DWS Growth & Income Fund C000015677 Class A SUWAX C000015679 Class B SUWBX C000015680 Class C SUWCX C000015682 Class S SCDGX C000015683 Institutional Class SUWIX 0000088064 S000005707 DWS Large Company Growth Fund C000015684 Class A SGGAX C000015686 Class B SGGBX C000015687 Class C SGGCX C000015689 Class S SCQGX C000015690 Institutional Class SGGIX 0000088064 S000005708 DWS S&P 500 Index Fund C000015691 Class A SXPAX C000015693 Class B SXPBX C000015694 Class C SXPCX C000015695 Class S SCPIX 0000088064 S000005709 DWS Small Cap Core Fund C000015696 Class A SZCAX C000015698 Class B SZCBX C000015699 Class C SZCCX C000015700 Class S SSLCX 0000095603 S000006138 DWS Balanced Fund C000016894 Class A KTRAX C000016896 Class B KTRBX C000016897 Class C KTRCX C000016899 Class S KTRSX C000016900 Institutional Class KTRIX 0000096790 S000006136 DWS Technology Fund C000016884 Class A KTCAX C000016886 Class B KTCBX C000016887 Class C KTCCX C000016888 Class S KTCSX C000016889 Institutional Class KTCIX 0000202163 S000006139 DWS U.S. GOVERNMENT SECURITIES FUND C000016901 Class A KUSAX C000016902 Class B KUSBX C000016903 Class C KUSCX C000016905 Institutional Class KUSIX C000035542 Class S 0000203142 S000006094 DWS High Yield Tax Free Fund C000016734 Class A NOTAX C000016736 Class B NOTBX C000016737 Class C NOTCX C000016738 Class S SHYTX C000016739 Institutional Class NOTIX 0000203142 S000006095 DWS Managed Municipal Bond Fund C000016740 Class A SMLAX C000016742 Class B SMLBX C000016743 Class C SMLCX C000016744 Class S SCMBX C000016745 Institutional Class SMLIX 0000216314 S000006114 DWS Strategic Income Fund C000016828 Class A KSTAX C000016829 Class B KSTBX C000016830 Class C KSTCX C000016831 Class S KSTSX 0000225528 S000005947 DWS High Income Fund C000016398 Class A KHYAX C000016399 Class B KHYBX C000016400 Class C KHYCX C000016401 Institutional Class KHYIX 0000354472 S000005941 DWS Short Term Bond Fund C000016381 Class A SZBAX C000016383 Class B SZBBX C000016384 Class C SZBCX C000016385 Class S SCSTX 0000711600 S000006133 DWS Intermediate Tax/AMT Free Fund C000016867 Class A SZMAX C000016869 Class B SZMBX C000016870 Class C SZMCX C000016871 Class S SCMTX C000016872 Institutional Class SZMIX 0000714287 S000006111 DWS California Tax-Free Income Fund C000016814 Class A KCTAX C000016815 Class B KCTBX C000016816 Class C KCTCX C000016817 Class S SDCSX 0000714287 S000006112 DWS New York Tax-Free Income Fund C000016818 Class A KNTAX C000016819 Class B KNTBX C000016820 Class C KNTCX C000016821 Class S SNWYX 0000720245 S000006105 DWS Massachusetts Tax-Free Fund C000016792 Class A SQMAX C000016793 Class B SQMBX C000016794 Class C SQMCX C000016795 Class S SCMAX 0000731129 S000005938 DWS Communications Fund C000016369 Class A TISHX C000016370 Class B FTEBX C000016371 Class C FTICX C000016372 Institutional Class FLICX 0000747677 S000005964 DWS GNMA Fund C000016427 Class S SGINX 0000793597 S000005466 DWS Emerging Markets Fixed Income Fund C000014875 Class A SZEAX C000014877 Class B SZEBX C000014878 Class C SZECX C000014879 Class S SCEMX 0000793597 S000005467 DWS Global Bond Fund C000014880 Class A SZGAX C000014882 Class B SZGBX C000014883 Class C SZGCX C000014884 Class S SSTGX 0000793597 S000005468 DWS Global Opportunities Fund C000014885 Class A KGDAX C000014887 Class B KGDBX C000014888 Class C KGDCX C000014889 Class S SGSCX 0000793597 S000005469 DWS Global Thematic Fund C000014890 Class A SGQAX C000014892 Class B SGQBX C000014893 Class C SGQCX C000014894 Class R SGQRX C000014895 Class S SCOBX 0000797657 S000005727 DWS International Equity Fund C000015721 Class A DBAIX C000015722 Class B DBBIX C000015723 Class C DBCIX C000015724 Class S BTEQX 0000797657 S000005728 DWS Short Duration Plus Fund C000015725 Class A PPIAX C000015726 Class C PPLCX C000015727 Class S DBPIX C000043778 Class B 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 S000012353 DWS RREEF Global Real Estate Securities Fund C000033584 Class A C000033585 Class C C000033586 Class S C000033587 Institutional Class 0000797657 S000012424 DWS Lifecycle Long Range Fund C000033699 Institutional Class C000033700 Class S BTILX 0000797657 S000012425 DWS Micro Cap Fund C000033701 Class A C000033702 Class B C000033703 Class C C000033704 Class S C000033705 Institutional Class 0000797657 S000012426 DWS Core Fixed Income Fund C000033707 Class A C000033708 Class B C000033709 Class C C000033710 Class R C000033711 Class S C000033712 Institutional Class 0000797657 S000012427 DWS High Income Plus Fund C000033714 Class A C000033715 Class B C000033716 Class C C000033718 Class S C000033719 Institutional Class 0000797657 S000012428 DWS International Select Equity Fund C000033722 Class A C000033723 Class B C000033724 Class C C000033725 Class R C000033726 Class S C000033727 Institutional Class 0000797657 S000012429 DWS Short Duration Fund C000033730 Class A C000033731 Class B C000033732 Class C C000033733 Class S C000033734 Institutional Class 0000797657 S000012430 DWS Short Term Municipal Bond Fund C000033735 Class A C000033736 Class B C000033737 Class C C000033738 Class S C000033739 Institutional Class 0000797657 S000012431 DWS RREEF Real Estate Securities Fund C000033741 Class A C000033742 Class B C000033743 Class C C000033744 Class R C000033745 Class S C000033746 Institutional Class 0000823342 S000005741 DWS Blue Chip Fund C000015761 Class A KBCAX C000015762 Class B KBCBX C000015763 Class C KBCCX C000015764 Class S KBCSX C000015765 Institutional Class KBCIX 0000825062 S000006144 DWS Large Cap Value Fund C000016920 Class A KDCAX C000016922 Class B KDCBX C000016923 Class C KDCCX C000016925 Class S KDCSX C000016926 Institutional Class KDCIX 0000825062 S000006145 DWS Dreman Concentrated Value Fund C000016927 Class A LOPEX C000016928 Class B LOPBX C000016929 Class C LOPCX C000016930 Institutional Class LOPIX 0000825062 S000006146 DWS Dreman High Return Equity Fund C000016932 Class A KDHAX C000016933 Class B KDHBX C000016934 Class C KDHCX C000016935 Class R KDHRX C000016936 Class S KDHSX C000016937 Institutional Class KDHIX 0000825062 S000006149 DWS Dreman Mid Cap Value Fund C000016946 Class A MIDVX C000016947 Class B MIDYX C000016948 Class C MIDZX C000016949 Class S MIDTX C000016950 Institutional Class MIDIX 0000825062 S000006150 DWS Dreman Small Cap Value Fund C000016952 Class A KDSAX C000016953 Class B KDSBX C000016954 Class C KDSCX C000016956 Class S KDSSX C000016957 Institutional Class KDSIX 0000832946 S000006096 DWS Gold & Precious Metals Fund C000016746 Class A SGDAX C000016748 Class B SGDBX C000016749 Class C SGDCX C000016750 Class S SCGDX 0000862157 S000005959 DWS Equity 500 Index Fund C000016413 Class S BTIEX C000016414 Institutional Class BTIIX 0000862157 S000005961 DWS Commodity Securities Fund C000016416 Class A SKNRX C000016417 Class B SKBRX C000016418 Class C SKCRX C000016419 Class S SKSRX C000016420 Institutional Class SKIRX 0000862157 S000005962 DWS Inflation Protected Plus Fund C000016421 Class A TIPAX C000016422 Class B TIPTX C000016423 Class C TIPCX C000016424 Class S TIPSX C000016425 Institutional Class TIPIX 0000862157 S000012410 DWS EAFE Equity Index Fund C000033661 Institutional Class 0000862157 S000012411 DWS U.S. Bond Index Fund C000033662 Institutional Class 0000885111 S000005940 DWS Value Builder Fund C000016377 Class A FLVBX C000016378 Class B FVBBX C000016379 Class C FVBCX C000016380 Institutional Class FLIVX 0000926425 S000006097 DWS Conservative Allocation Fund C000016751 Class A SUCAX C000016753 Class B SUCBX C000016754 Class C SUCCX C000016755 Class S SCPCX 0000926425 S000006098 DWS Growth Plus Allocation Fund C000016756 Class A PLUSX C000016757 Class B PLSBX C000016758 Class C PLSCX C000016759 Class S PPLSX 0000926425 S000006099 DWS Growth Allocation Fund C000016760 Class A SUPAX C000016762 Class B SUPBX C000016763 Class C SUPCX C000016764 Class S SPGRX 0000926425 S000006100 DWS Moderate Allocation Fund C000016765 Class A SPDAX C000016767 Class B SPDBX C000016768 Class C SPDCX C000016769 Class S SPBAX 0000933402 S000005939 DWS Equity Partners Fund C000016373 Class A FLEPX C000016374 Class B FEPBX C000016375 Class C FEPCX C000016376 Institutional Class FLIPX 0001039826 S000006054 DWS Japan Equity Fund C000016623 Class A FJEAX C000016624 Class B FJEBX C000016625 Class C FJECX C000016626 Class S FJESX 0001052427 S000012892 DWS Core Plus Allocation Fund C000034853 Class A C000034854 Class C C000034855 Class S C000034856 Institutional Class 0001052427 S000013772 DWS Disciplined Market Neutral Fund C000037761 Class A C000037763 Class C C000037764 Institutional Class C000037765 Class S 0001052427 S000014370 DWS Disciplined Long/Short Growth Fund C000039055 Class A C000039056 Class C C000039057 Class S C000039058 Institutional Class 0001052427 S000014371 DWS Disciplined Long/Short Value Fund C000039059 Class A C000039060 Class C C000039061 Class S C000039062 Institutional Class 497 1 sp041307mega.txt PROSPECTUS STICKER SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS --------------
DWS Balanced Fund DWS Europe Equity Fund DWS Managed Municipal Bond Fund DWS Blue Chip Fund DWS Global Bond Fund DWS Massachusetts Tax-Free Fund DWS California Tax-Free Income Fund DWS Global Opportunities Fund DWS Micro Cap Fund DWS Capital Growth Fund DWS Global Thematic Fund DWS Mid Cap Growth Fund DWS Commodity Securities Fund DWS GNMA Fund DWS Moderate Allocation Fund DWS Communications Fund DWS Gold & Precious Metals Fund DWS New York Tax-Free Income Fund DWS Conservative Allocation Fund DWS Growth & Income Fund DWS Pacific Opportunities Equity Fund DWS Core Fixed Income Fund DWS Growth Allocation Fund DWS RREEF Global Real Estate Securities Fund DWS Core Plus Allocation Fund DWS Growth Plus Allocation Fund DWS RREEF Real Estate Securities Fund DWS Core Plus Income Fund DWS Health Care Fund DWS S&P 500 Index Fund DWS Disciplined Long/Short Growth Fund DWS High Income Fund DWS Short Duration Fund DWS Disciplined Long/Short Value Fund DWS High Income Plus Fund DWS Short Duration Plus Fund DWS Disciplined Market Neutral Fund DWS High Yield Tax Free Fund DWS Short Term Bond Fund DWS Dreman Concentrated Value Fund DWS Inflation Protected Plus Fund DWS Short-Term Municipal Bond Fund DWS Dreman High Return Equity Fund DWS Intermediate Tax/AMT Free Fund DWS Small Cap Core Fund DWS Dreman Mid Cap Value Fund DWS International Equity Fund DWS Small Cap Growth Fund DWS Dreman Small Cap Value Fund DWS International Fund DWS Small Cap Value Fund DWS EAFE(R) Equity Index Fund DWS International Select Equity Fund DWS Strategic Income Fund DWS Emerging Markets Equity Fund DWS International Value Opportunities Fund DWS Technology Fund DWS Emerging Markets Fixed Income Fund DWS Japan Equity Fund DWS U.S. Bond Index Fund DWS Enhanced S&P 500 Index Fund DWS Large Cap Value Fund DWS U.S. Government Securities Fund DWS Equity 500 Index Fund DWS Large Company Growth Fund DWS Value Builder Fund DWS Equity Income Fund DWS Latin America Equity Fund DWS Equity Partners Fund DWS Lifecycle Long Range Fund
- -------------------------------------------------------------------------------- The following information replaces similar disclosure under "Redemption fees" in the "Policies You Should Know About" section of each fund's prospectuses: The redemption fee will not be charged in connection with the following exchange or redemption transactions: (i) transactions on behalf of participants in certain research wrap programs; (ii) transactions on behalf of participants in certain group retirement plans and financial intermediaries whose processing systems are incapable of properly applying the redemption fee to underlying shareholders; (iii) transactions on behalf of a shareholder to return any excess IRA contributions to the shareholder; (iv) transactions on behalf of a shareholder to effect a required minimum distribution on an IRA; (v) transactions on behalf of any mutual fund advised by the Advisor and its affiliates (e.g., "funds of funds") or, in the case of a master/feeder relationship, redemptions by the feeder fund from the master portfolio; (vi) transactions on behalf of certain unaffiliated mutual funds operating as funds of funds; (vii) transactions following death or disability of any registered shareholder, beneficial owner or grantor of a living trust with respect to shares purchased before death or disability; (viii) transactions involving hardship of any registered shareholder; (ix) systematic transactions with predefined trade dates for purchases, exchanges or redemptions, such as automatic account rebalancing, or loan origination and repayments; (x) transactions involving shares purchased through the reinvestment of dividends or other distributions; (xi) transactions involving shares transferred from another account in the same fund or converted from another class of the same fund (e.g., shares converting from Class B to Class A) (the redemption fee period will carry over to the acquired shares); (xii) transactions initiated by the fund or administrator (e.g., redemptions for not meeting account minimums, to pay account fees funded by share redemptions, or in the event of the liquidation or merger of the fund); (xiii) transactions in cases when there are legal or contractual limitations or restrictions on the imposition of the redemption fee (as determined by the fund or its agents in their sole discretion); or (xiv) for DWS Massachusetts Tax-Free Fund, DWS Short Term Bond Fund and DWS Intermediate Tax/AMT Free Fund only: checkwriting transactions in these funds. The policy of the DWS funds is to permit transactions on behalf of fund platform providers without the imposition of a redemption fee if such fund platform providers are able to implement trade block policies in which the period of time covered by the trade block is equal to or greater than the relevant redemption fee holding period for the DWS fund. Please Retain This Supplement for Future Reference. [Logo]DWS April 13, 2007 SCUDDER DMF-3636 Deutsche Bank Group
-----END PRIVACY-ENHANCED MESSAGE-----