497 1 ss073009mega_retail.txt 497 - SAI STICKER SUPPLEMENT TO THE CURRENTLY EFFECTIVE STATEMENTS OF ADDITIONAL INFORMATION OF EACH OF THE LISTED FUNDS: --------------------- DWS Balanced Fund DWS High Income Plus Fund DWS S&P 500 Index Fund DWS Blue Chip Fund DWS Inflation Protected Plus Fund DWS S&P 500 Plus Fund DWS California Tax-Free Income Fund DWS Intermediate Tax/AMT Free Fund DWS Select Alternative Allocation Fund DWS Capital Growth Fund DWS International Fund DWS Short Duration Fund DWS Climate Change Fund DWS International Value Opportunities Fund DWS Short Duration Plus Fund DWS Commodity Securities Fund DWS Large Cap Value Fund DWS Short-Term Municipal Bond Fund DWS Communications Fund DWS Large Company Growth Fund DWS Small Cap Core Fund DWS Core Fixed Income Fund DWS Latin America Equity Fund DWS Small Cap Growth Fund DWS Core Plus Income Fund DWS LifeCompass 2015 Fund DWS Strategic Government Securities Fund DWS Disciplined Market Neutral Fund DWS LifeCompass 2020 Fund DWS Strategic High Yield Tax-Free Fund DWS Diversified International Equity Fund DWS LifeCompass 2030 Fund DWS Strategic Income Fund DWS Dreman Mid Cap Value Fund DWS LifeCompass 2040 Fund DWS Strategic Value Fund DWS Dreman Small Cap Value Fund DWS LifeCompass Protect 2017 Fund DWS Target 2010 Fund DWS Emerging Markets Equity Fund DWS LifeCompass Retirement Fund DWS Target 2011 Fund DWS Emerging Markets Fixed Income Fund DWS Managed Municipal Bond Fund DWS Target 2012 Fund DWS Equity 500 Index Fund DWS Massachusetts Tax-Free Fund DWS Target 2013 Fund DWS Europe Equity Fund DWS Mid Cap Growth Fund DWS Target 2014 Fund DWS Floating Rate Plus Fund DWS Money Market Prime Series DWS Technology Fund DWS Global Bond Fund DWS New York Tax-Free Income Fund DWS U.S. Bond Index Fund DWS Global Opportunities Fund DWS RREEF Global Infrastructure Fund DWS Global Thematic Fund DWS RREEF Global Real Estate Securities DWS GNMA Fund Fund DWS Gold & Precious Metals Fund DWS RREEF Real Estate Securities Fund DWS Growth & Income Fund DWS Health Care Fund DWS High Income Fund ---------------------------------------------------------------------------------------------------------------------------------
Effective on or about August 1, 2009, the following disclosure replaces similar language under the "Purchase and Redemption of Shares" section of each Fund' statements of additional information: Automatic Exchanges. Shareholders may automatically exchange fund shares for shares of the same class of another DWS fund. In order to establish an automatic exchange: (i) the amount ($50 minimum) to be exchanged must be specified; and (ii) the originating account must have a minimum account balance of $5,000. Automatic exchanges will be made automatically until the shareholder or the fund terminates the privilege. Please Retain This Supplement for Future Reference July 30, 2009