497 1 ss071608mega.txt SAI STICKER Supplement to the currently effective Statements of Additional Information of each of the funds/portfolios listed below: Cash Account Trust DWS Equity Partners Fund DWS Small Cap Core Fund Government and Agency Securities DWS Europe Equity Fund DWS Small Cap Growth Fund Portfolio DWS Floating Rate Plus Fund DWS Small Cap Value Fund Davidson Cash Equivalent Shares DWS Global Bond Fund DWS Strategic Government Securities Fund Davidson Cash Equivalent Plus Shares DWS Global Opportunities Fund DWS Strategic High Yield Tax-Free Fund DWS Government & Agency Money Fund DWS Global Thematic Fund DWS Strategic Income Fund Capital Assets Funds Shares DWS GNMA Fund DWS Target 2010 Fund Premier Money Market Shares DWS Gold & Precious Metals Fund DWS Target 2011 Fund Service Shares DWS Growth & Income Fund DWS Target 2012 Fund Money Market Portfolio DWS Health Care Fund DWS Target 2013 Fund Capital Assets Funds Shares DWS High Income Fund DWS Target 2014 Fund Capital Assets Funds Preferred Shares DWS High Income Plus Fund DWS Technology Fund Davidson Cash Equivalent Shares DWS Inflation Protected Plus Fund DWS U.S. Bond Index Fund Davidson Cash Equivalent Plus Shares DWS Intermediate Tax/AMT Free Fund DWS Value Builder Fund Premier Money Market Shares DWS International Fund DWS Variable Series I Premium Reserve Money Market Shares DWS International Select Equity Fund DWS Bond VIP Service Shares DWS International Value Opportunities DWS Capital Growth VIP Tax-Exempt Portfolio Fund DWS Global Opportunities VIP Capital Assets Funds Shares DWS Investments VIT Funds DWS Growth & Income VIP Davidson Cash Equivalent Shares DWS Equity 500 Index VIP DWS Health Care VIP DWS Tax-Free Money Fund Class S DWS Small Cap Index VIP DWS International VIP DWS Tax-Exempt Money Fund DWS Japan Equity Fund DWS Variable Series II Premier Money Market Shares DWS Large Cap Value Fund DWS Balanced VIP Service Shares DWS Large Company Growth Fund DWS Blue Chip VIP Tax Free Investment Class DWS Latin America Equity Fund DWS Conservative Allocation VIP Cash Reserve Fund, Inc. DWS LifeCompass 2015 Fund DWS Core Fixed Income VIP Prime Series DWS LifeCompass 2020 Fund DWS Davis Venture Value VIP Prime Shares DWS LifeCompass 2030 Fund DWS Dreman High Return Equity VIP DWS Alternative Asset Allocation Plus Fund DWS LifeCompass 2040 Fund DWS Dreman Small Mid Cap Value VIP DWS Balanced Fund DWS LifeCompass Income Fund DWS Global Thematic VIP DWS Blue Chip Fund DWS LifeCompass Protect Fund DWS Government & Agency Securities VIP DWS California Tax-Free Income Fund DWS LifeCompass Retirement Fund DWS Growth Allocation VIP DWS Capital Growth Fund DWS Lifecycle Long Range Fund DWS High Income VIP DWS Climate Change Fund DWS Managed Municipal Bond Fund DWS International Select Equity VIP DWS Commodity Securities Fund DWS Massachusetts Tax-Free Fund DWS Janus Growth & Income VIP DWS Communications Fund DWS Micro Cap Fund DWS Large Cap Value VIP DWS Core Fixed Income Fund DWS Mid Cap Growth Fund DWS Mid Cap Growth VIP DWS Core Plus Allocation Fund DWS Money Market Prime Series DWS Moderate Allocation VIP DWS Core Plus Income Fund DWS Money Market Fund DWS Money Market VIP DWS Disciplined Long/Short Growth Fund DWS Cash Investment Trust Class A DWS Small Cap Growth VIP DWS Disciplined Long/Short Value Fund DWS Cash Investment Trust Class B DWS Strategic Income VIP DWS Disciplined Market Neutral Fund DWS Cash Investment Trust Class C DWS Technology VIP DWS Dreman Concentrated Value Fund DWS Cash Investment Trust Class S DWS Turner Mid Cap Growth VIP DWS Dreman High Return Equity Fund DWS Money Market Series Investors Cash Trust DWS Dreman Mid Cap Value Fund Premium Class S Treasury Portfolio DWS Dreman Small Cap Value Fund Prime Reserve Class S Premier Money Market Shares DWS EAFE(R) Equity Index Fund DWS New York Tax-Free Income Fund DWS U.S. Treasury Money Fund Class S DWS Emerging Markets Equity Fund DWS RREEF Global Infrastructure Fund Investment Class Shares DWS Emerging Markets Fixed Income Fund DWS RREEF Global Real Estate Securities NY Tax Free Money Fund DWS Enhanced S&P 500 Index Fund Fund Tax Free Money Fund Investment DWS Equity 500 Index Fund DWS RREEF Real Estate Securities Fund Tax-Exempt California Money Market Fund DWS Equity Income Fund DWS S&P 500 Index Fund DWS Short Duration Fund DWS Short Duration Plus Fund DWS Short-Term Municipal Bond Fund
Effective July 16, 2008, DWS Scudder Investments will change its name to DWS Investments. In addition, the Web site for DWS funds will change to www.dws-investments.com. Also, effective July 16, 2008, several service providers to the funds and retirement plans will change their names. The new names will be as follows:
Current Name New Name, effective July 16, 2008 ------------ --------------------------------- DWS Scudder Distributors, Inc. DWS Investments Distributors, Inc. ("DIDI") DWS Scudder Fund Accounting Corporation DWS Investments Fund Accounting Corporation ("DIFA") DWS Scudder Investments Service Company DWS Investments Service Company ("DISC") DWS Scudder Wholesalers DWS Investments Wholesalers DWS Scudder Flex Plan DWS Investments Flex Plan DWS Scudder Individual Retirement Account (IRA) DWS Investments Individual Retirement Account (IRA) DWS Scudder Horizon Plan DWS Investments Horizon Plan DWS Scudder Profit Sharing and Money Purchase Pension DWS Simplified Profit Sharing and Money Purchase Pension Plans Plans DWS Scudder 401(k) Plan DWS Investments 401(k) Plan DWS Scudder 403(b) Plan DWS Investments 403(b) Plan DWS Scudder IRA DWS Investments IRA
References to the designation "DWS Scudder" contained in the "Management" section of each of the funds' Statements of Additional Information are hereby changed to "DWS Investments." DWS Investments is part of Deutsche Bank's Asset Management division and, within the United States, represents the retail asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company. Please Retain this Supplement for Future Reference July 16, 2008