-----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, LAOBxFm7e3V/zFD/vSJgMPf8lfpCnWfQjHt5P2JD5dxr2DXD9YcFW4EEdyGWkoRz 5/ICBHYVNXi/BZbWyvMKiw== 0000088053-10-000086.txt : 20100126 0000088053-10-000086.hdr.sgml : 20100126 20100126150244 ACCESSION NUMBER: 0000088053-10-000086 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100126 DATE AS OF CHANGE: 20100126 EFFECTIVENESS DATE: 20100126 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: 10547438 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 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: 10547441 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 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: 10547442 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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: 10547447 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 STRATEGIC 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: 10547440 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 FORMER COMPANY: FORMER CONFORMED NAME: DWS U.S. GOVERNMENT SECURITIES FUND DATE OF NAME CHANGE: 20060207 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS STRATEGIC INCOME FUND CENTRAL INDEX KEY: 0000216314 IRS NUMBER: 362921989 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-58921 FILM NUMBER: 10547439 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 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: 10547444 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 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: 10547435 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 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: 10547446 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 TARGET FUND CENTRAL INDEX KEY: 0000854905 IRS NUMBER: 000000000 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-30876 FILM NUMBER: 10547436 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TARGET FUND DATE OF NAME CHANGE: 20020220 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TARGET EQUITY FUND DATE OF NAME CHANGE: 20010625 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER TARGET EQUITY FUND DATE OF NAME CHANGE: 19940912 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: 10547443 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 TARGET DATE 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: 10547437 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 FORMER COMPANY: FORMER CONFORMED NAME: DWS ALLOCATION SERIES DATE OF NAME CHANGE: 20060207 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 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: 10547445 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 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 0000088051 S000006157 DWS S&P 500 Plus Fund C000016972 Class A OUTDX C000016974 Class B OUTBX C000016975 Class C OUTCX C000016976 Class R OUTRX C000016977 Class S SSFFX 0000088063 S000017996 DWS Floating Rate Plus Fund C000049879 Class A C000049880 Class C C000049881 Class S C000049882 Institutional Class 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 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 0000202163 S000006139 DWS STRATEGIC GOVERNMENT SECURITIES FUND C000016901 Class A KUSAX C000016902 Class B KUSBX C000016903 Class C KUSCX C000016905 Institutional Class KUSIX C000035542 Class S 0000216314 S000006114 DWS Strategic Income Fund C000016828 Class A KSTAX C000016829 Class B KSTBX C000016830 Class C KSTCX C000016831 Class S KSTSX 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 C000070264 Institutional Class 0000797657 S000005728 DWS Short Duration Plus Fund C000015725 Class A PPIAX C000015726 Class C PPLCX C000015727 Class S DBPIX C000043778 Class B C000070265 Institutional Class 0000797657 S000012424 DWS Lifecycle Long Range Fund C000033699 Institutional Class C000033700 Class S BTILX 0000797657 S000012428 DWS Diversified International Equity Fund C000033722 Class A C000033723 Class B C000033724 Class C C000033725 Class R C000033726 Class S C000033727 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 0000854905 S000017805 DWS LifeCompass Protect 2017 Fund C000049324 Class A C000049325 Class C C000049326 Class S C000049327 Institutional Class 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 0000926425 S000006097 DWS LifeCompass Retirement Fund C000016751 Class A SUCAX C000016753 Class B SUCBX C000016754 Class C SUCCX C000016755 Class S SCPCX 0000926425 S000006098 DWS LifeCompass 2030 Fund C000016756 Class A PLUSX C000016757 Class B PLSBX C000016758 Class C PLSCX C000016759 Class S PPLSX 0000926425 S000006099 DWS LifeCompass 2020 Fund C000016760 Class A SUPAX C000016762 Class B SUPBX C000016763 Class C SUPCX C000016764 Class S SPGRX 0000926425 S000006100 DWS LifeCompass 2015 Fund C000016765 Class A SPDAX C000016767 Class B SPDBX C000016768 Class C SPDCX C000016769 Class S SPBAX 0000926425 S000019563 DWS LifeCompass 2040 Fund C000054366 Class A C000054367 Class C C000054368 Class S 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 S000018311 DWS Alternative Asset Allocation Plus Fund C000050509 Class A C000050510 Class C C000050511 Class S C000050512 Institutional Class 0001052427 S000023628 DWS Select Alternative Allocation Fund C000069598 Class A C000069599 Class C C000069600 Class S C000069601 Institutional Class 497 1 sp012610mega_retail.htm 497 - PROSPECTUS STICKER sp012610mega_retail.htm

 
SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF
EACH OF THE LISTED FUNDS:
     
     
DWS Alternative Asset Allocation Plus Fund
DWS Balanced Fund
DWS Blue Chip Fund
DWS Disciplined Long/Short Growth Fund
DWS Disciplined Market Neutral Fund 
DWS Diversified International Equity Fund
DWS Floating Rate Plus Fund
DWS Global Thematic Fund
DWS Growth & Income Fund
DWS Inflation Protected Plus Fund
DWS LifeCompass 2015 Fund
DWS LifeCompass 2020 Fund
DWS LifeCompass 2030 Fund
DWS LifeCompass 2040 Fund
DWS LifeCompass Protect 2017 Fund
DWS LifeCompass Retirement Fund
DWS Lifecycle Long Range Fund
DWS S&P 500 Plus Fund
DWS Select Alternative Allocation Fund
DWS Short Duration Plus Fund
DWS Small Cap Core Fund
DWS Strategic Government Securities Fund
DWS Strategic Income Fund

 
On January 26, 2010, Deutsche Investment Management Americas Inc. (“DIMA” or the “Advisor”) announced its intention to transition members of your fund’s portfolio management team who are part of its Quantitative Strategies Group or, in the case of DWS Global Thematic Fund its Global Equity Team, out of DIMA into two separate independent investment advisory firms that are not affiliated with DIMA.  In order for each fund to continue to benefit from the investment expertise offered by the affected portfolio managers, DIMA has recommended to the fund’s Board of Trustees/Directors the approval of a sub–advisory agreement between DIMA and each newly created investment advisory firm (the “Sub–Advisory Agreement”).  The Sub–Advisory Agreement is subject to Board approval and, in the case of those funds whose shareholders have not previously approved the multi–manager structure, shareholder approval.  If approved, the transition is expected to be completed during the second quarter 2010.
 
Multi–Manager Structure. The Advisor, subject to the approval of the Board, has ultimate responsibility to recommend the hiring, termination and replacement of subadvisors. The fund and the Advisor have received an order from the Securities and Exchange Commission (the “SEC”) that allows the fund and the Advisor to utilize a multi–manager structure in managing the fund’s assets. Pursuant to the SEC order, the Advisor, with the approval of the fund’s Board, is permitted to select subadvisors that are not affiliates of the Advisor (“non–affiliated subadvisors”) to manage all or a portion of the fund’s assets without obtaining shareholder approval. The Advisor would also have the discretion to terminate any subadvisor and allocate and reallocate the fund’s assets among any non–affiliated subadvisors. The SEC order also permits the Advisor, subject to the approval of the Board, to materially amend an existing sub–advisory agreement with a non–affiliated subadvisor without shareholder approval.  The fund and the Advisor are subject to the conditions imposed by the SEC order, including the condition that within 90 days of hiring of a new non–affiliated subadvisor, the fund will provide shareholders with an information statement containing information about the new non–affiliated subadvisor. DWS Lifecycle Long Range Fund, DWS Floating Rate Plus Fund and DWS LifeCompass 2040 Fund only: The fund cannot rely on the SEC order until shareholders have approved the operation of the fund in the manner described in this paragraph.
 
The fund and the Advisor have also filed an exemptive application with the SEC requesting an order that would extend the relief granted with respect to non–affiliated subadvisors to certain subadvisors that are affiliates of the Advisor (“affiliated subadvisors”).  If such relief is granted by the SEC, the Advisor, with the approval of the fund’s Board, would be able to hire non–affiliated and/or affiliated subadvisors to manage all or a portion of the fund’s assets without obtaining shareholder approval. The Advisor would also have the discretion to terminate any subadvisor and allocate and reallocate the fund’s assets among any other subadvisors (including terminating a non–affiliated subadvisor and replacing them with an affiliated subadvisor). The Advisor, subject to the approval of the Board, would also be able to materially amend an existing sub–advisory agreement with any such subadvisor without shareholder approval. There can be no assurance that
 

January 26, 2010                [DWS INVESTMENTS LOGO]
                         Deutsche Bank Group

 

 
such relief will be granted by the SEC. The fund and the Advisor will be subject to any new conditions imposed by the SEC. DWS Inflation Protected Plus Fund, DWS Floating Rate Plus Fund, DWS LifeCompass 2030 Fund and DWS LifeCompass 2040 Fund only: The fund would not be able to rely on such relief with respect to the hiring and replacement of affiliated subadvisors until shareholders have approved the operation of the fund in the manner describe in this paragraph.
 
Please Retain This Supplement for Future Reference
 

 
 

January 26, 2010
 


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