497 1 sp072707mega.txt PROSPECTUS STICKER SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS/PORTFOLIOS: ------------------------------ Cash Account Trust: DWS Emerging Markets DWS Lifecycle Long Government & Agency Fixed Income Fund Range Fund Securities Portfolio DWS Enhanced S&P 500 DWS Managed Municipal Money Market Portfolio Index Fund Bond Fund Tax-Exempt Portfolio DWS Equity 500 Index DWS Massachusetts Cash Management Fund Fund Tax-Free Fund Institutional DWS Equity Income Fund DWS Micro Cap Fund Cash Reserve Fund, Inc.: DWS Equity Partners Fund DWS Mid Cap Growth Fund Prime Series DWS Europe Equity Fund DWS Moderate Allocation Cash Reserves Fund DWS Global Bond Fund Fund Institutional DWS Global DWS Money Market Prime DWS Balanced Fund Opportunities Fund Series DWS Blue Chip Fund DWS Global Thematic Fund DWS Money Market Series DWS California Tax-Free DWS GNMA Fund DWS New York Tax-Free Income Fund DWS Gold & Precious Income Fund DWS Capital Growth Fund Metals Fund DWS RREEF Global Real DWS Commodity Securities DWS Growth & Income Fund Estate Securities Fund Fund DWS Growth Allocation DWS RREEF Real Estate DWS Communications Fund Fund Securities Fund DWS Conservative DWS Growth Plus DWS S&P 500 Index Fund Allocation Fund Allocation Fund DWS Short Duration Fund DWS Core Fixed Income DWS Health Care Fund DWS Short Duration Plus Fund DWS High Income Fund Fund DWS Core Plus Allocation DWS High Income Plus DWS Short-Term Fund Fund Municipal Bond Fund DWS Core Plus Income Fund DWS High Yield Tax Free DWS Small Cap Core Fund DWS Disciplined Fund DWS Small Cap Growth Long/Short Growth Fund DWS Inflation Protected Fund DWS Disciplined Plus Fund DWS Small Cap Value Fund Long/Short Value Fund DWS Intermediate DWS Strategic Income DWS Disciplined Market Tax/AMT Free Fund Fund Neutral Fund DWS International Fund DWS Technology Fund DWS Dreman Concentrated DWS International DWS U.S. Bond Index Fund Value Fund Select Equity Fund DWS U.S. Government DWS Dreman High Return DWS International Value Securities Fund Equity Fund Opportunities Fund DWS Value Builder Fund DWS Dreman Mid Cap Value DWS Japan Equity Fund Investors Cash Trust: Fund DWS Large Cap Value Fund Treasury Portfolio DWS Dreman Small Cap DWS Large Company NY Tax Free Money Fund Value Fund Growth Fund Tax-Exempt California DWS EAFE(R) Equity Index DWS Latin America Money Market Fund Fund Equity Fund DWS Emerging Markets Equity Fund -------------------------------------------------------------------------------- Effective for all purchases August 15, 2007 and after, 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 accepts payment for shares only in US dollars by check, bank or Federal Funds wire transfer or by electronic bank transfer. Please note that a fund does not accept cash, money orders, traveler's checks, starter checks, third party checks (except checks for retirement plan asset transfers and rollovers or for Uniform Gift to Minors Act/Uniform Transfers to Minors Act accounts), checks drawn on foreign banks or checks issued by credit card companies or Internet-based companies. Thus, subject to the foregoing exceptions for certain third party checks, checks that are otherwise permissible must be drawn by the account holder on a domestic bank and must be payable to the fund. Please Retain This Supplement for Future Reference July 27, 2007 Mega-3P [Logo]DWS SCUDDER Deutsche Bank Group