-----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, EaOelbb6U4PtDCB3v2xvxs0prlk4xQH8iSyWOgxqVj0ipYALrXsfN1vEAixZcDAl E42kWq5Mt6z8LjCjsfvnRA== 0000088053-08-000118.txt : 20080201 0000088053-08-000118.hdr.sgml : 20080201 20080201152133 ACCESSION NUMBER: 0000088053-08-000118 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080201 DATE AS OF CHANGE: 20080201 EFFECTIVENESS DATE: 20080201 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: 08568157 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 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: 08568162 BUSINESS ADDRESS: STREET 1: 222 SOUTH LASALLE ST CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3127811121 MAIL ADDRESS: STREET 1: 222 SOUTH LASALLE ST CITY: CHICAGO STATE: IL ZIP: 60606 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 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: 08568164 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 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: 08568167 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 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: 08568181 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASH RESERVE FUND INC CENTRAL INDEX KEY: 0000353447 IRS NUMBER: 621223991 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-72658 FILM NUMBER: 08568183 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4108953761 MAIL ADDRESS: STREET 1: ONE SOUTH ST CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE BANC ALEX BROWN CASH RESERVE FUND INC DATE OF NAME CHANGE: 19990806 FORMER COMPANY: FORMER CONFORMED NAME: BT ALEX BROWN CASH RESERVE FUND INC DATE OF NAME CHANGE: 19970827 FORMER COMPANY: FORMER CONFORMED NAME: BROWN ALEX CASH RESERVE FUND INC DATE OF NAME CHANGE: 19920703 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: 08568168 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 MONEY MARKET TRUST CENTRAL INDEX KEY: 0000703642 IRS NUMBER: 133120601 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-78122 FILM NUMBER: 08568170 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 MONEY MARKET TRUST DATE OF NAME CHANGE: 20000531 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LAZARD FRERES FUNDS INC DATE OF NAME CHANGE: 19890904 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: 08568172 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 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: 08568177 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: INVESTORS CASH TRUST CENTRAL INDEX KEY: 0000863209 IRS NUMBER: 363708479 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-34645 FILM NUMBER: 08568182 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 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: 08568158 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 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: 08568163 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: 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 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: 08568165 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 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: 08568169 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 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: 08568173 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 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: 08568159 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 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: 08568175 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 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: 08568160 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 MONEY FUNDS CENTRAL INDEX KEY: 0000055189 IRS NUMBER: 362809723 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-51992 FILM NUMBER: 08568171 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 MONEY FUNDS DATE OF NAME CHANGE: 20020410 FORMER COMPANY: FORMER CONFORMED NAME: ZURICH MONEY FUNDS DATE OF NAME CHANGE: 19970708 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER MONEY FUNDS DATE OF NAME CHANGE: 19960410 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASH ACCOUNT TRUST CENTRAL INDEX KEY: 0000858372 IRS NUMBER: 371259201 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-32476 FILM NUMBER: 08568156 BUSINESS ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA STREET 2: C/O DEUTSCHE ASSET MANAGEMENT CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3125371569 MAIL ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 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: 08568166 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 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: 08568178 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 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: 08568161 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 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: 08568179 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 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: 08568176 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 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: 08568180 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 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: 08568174 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

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C000016691 DWS Money Market Fund KMMXX

C000035161 DWS Cash Investment Trust - Class A

C000035162 DWS Cash Investment Trust - Class B

C000035163 DWS Cash Investment Trust - Class C

C000035164 DWS Cash Investment Trust - Class S

0000088048 S000006103 DWS Health Care Fund

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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

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C000016790 Class C SACUX

C000016791 Class S SCSUX

0000088048 S000018771 DWS Climate Change Fund

C000051934 Class A

C000051935 Class C

C000051936 Class S

C000051937 Institutional Class

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

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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 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

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C000016775 Institutional Class SZIIX

0000088063 S000017996 DWS Floating Rating Plus Fund

C000049879 Class A

C000049880 Class C

C000049881 Class S

C000049882 Institutional Class

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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

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

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

0000353447 S000006304 Prime Series

C000017351 Prime Shares

C000017352 Prime Institutional Shares

0000703642 S000006076 DWS Money Market Series

C000016694 Institutional Shares ICAXX

C000016695 Managed Shares MCAXX

C000016697 Premium Class S SPMXX

C000016699 Prime Reserve Class S SCRXX

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

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 S000005730 NY Tax Free Money Fund

C000015736 Investment Class BNYXX

C000035515 Tax-Exempt New York Money Market Fund Class

0000797657 S000005732 Tax Free Money Fund Investment

C000015745 Investment Class BTXXX

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 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

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

0000854905 S000006123 DWS Target 2008 Fund

C000016850 DWS Target 2008 Fund KRFGX

0000854905 S000006124 DWS Target 2010 Fund

C000016851 Scudder Target 2010 Fund KRFAX

0000854905 S000006125 DWS Target 2011 Fund

C000016852 Scudder Target 2011 Fund KRFBX

0000854905 S000006126 DWS Target 2012 Fund

C000016853 Scudder Target 2012 Fund KRFCX

0000854905 S000006127 DWS Target 2013 Fund

C000016854 Scudder Target 2013 Fund KRFDX

0000854905 S000006128 DWS Target 2014 Fund

C000016855 Scudder Target 2014 Fund KRFEX

0000854905 S000017805 DWS LifeCompass Protect Fund

C000049324 Class A

C000049325 Class C

C000049326 Class S

C000049327 Institutional Class

0000854905 S000017806 DWS LifeCompass Income Fund

C000049328 Class A

C000049329 Class C

C000049330 Class S

C000049331 Institutional Class

0000858372 S000006301 Government & Agency Securities Portfolio

C000017333 Premier Money Market Shares

C000017334 Service Shares

C000017335 Capital Assets Funds Shares

C000017336 Davidson Cash Equivalent Shares

C000017337 Davidson Cash Equivalent Plus Shares

C000035155 DWS Government & Agency Money Fund

C000035156 DWS Government Cash Institutional Shares

C000035157 Government Cash Managed Shares

0000858372 S000006302 Money Market Portfolio

C000017338 Capital Assets Funds Shares

C000017339 Capital Assets Funds Preferred Shares

C000017340 Institutional Money Market Shares

C000017341 Premier Money Market Shares

C000017342 Service Shares

C000017343 Davidson Cash Equivalent Plus Shares

C000017344 Institutional Select Money Market Shares

C000019814 Premium Reserve Money Market Shares

C000019815 Davidson Cash Equivalent Shares

0000858372 S000006303 Tax-Exempt Portfolio

C000017345 Capital Assets Funds Shares

C000017346 Davidson Cash Equivalent Shares

C000017347 Premier Money Market Shares

C000017348 DWS Tax-Exempt Cash Institutional Shares

C000017349 Service Shares

C000017350 Tax-Exempt Cash Managed Shares

C000035158 DWS Tax-Exempt Money Fund

C000035159 DWS Tax-Free Money Fund Class S

C000035160 Tax-Free Investment Class

0000862157 S000005956 Cash Management Fund Institutional

C000016410 Cash Management Fund Institutional BICXX

0000862157 S000005957 Cash Reserves Fund Institutional

C000016411 Cash Reserves Fund Institutional BIRXX

0000862157 S000005958 Daily Assets Fund Institutional

C000016412 Daily Assets Fund Institutional

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 S000012410 DWS EAFE Equity Index Fund

C000033661 Institutional Class

0000862157 S000012411 DWS U.S. Bond Index Fund

C000033662 Institutional Class

0000863209 S000006308 Treasury Portfolio

C000017364 Premier Money Market Shares

C000017365 Institutional Class

C000035153 DWS U.S. Treasury Money Fund Class S

C000035154 Investment 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 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

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

0001052427 S000018311 DWS Alternative Asset Allocation Plus Fund

C000050509 Class A

C000050510 Class C

C000050511 Class S

C000050512 Institutional Class

497 1 ss020108mega-revenue.txt SAI STICKER Supplement to the currently effective Statements of Additional Information of each of the listed funds/portfolios:

The following information replaces similar disclosure under "Revenue Sharing" in the "Purchase and Redemption of Shares" section of each Fund's/Portfolio's Statements of Additional Information: Revenue Sharing In light of recent regulatory developments, the Advisor, the Distributor and their affiliates have undertaken to furnish certain additional information below regarding the level of payments made by them to selected affiliated and unaffiliated brokers, dealers, participating insurance companies or other financial intermediaries ("financial advisors") in connection with the sale and/or distribution of Fund shares or the retention and/or servicing of investors and Fund shares ("revenue sharing"). The Advisor, the Distributor and/or their affiliates may pay additional compensation, out of their own assets and not as an additional charge to each Fund, to financial advisors in connection with the sale and/or distribution of Fund shares or the retention and/or servicing of Fund investors and Fund shares. Such revenue sharing payments are in addition to any distribution or service fees payable under any Rule 12b-1 or service plan of any fund, any record keeping/sub-transfer agency/networking fees payable by each Fund (generally through the Distributor or an affiliate) and/or the Distributor to certain financial advisors for performing such services and any sales charges, commissions, non-cash compensation arrangements expressly permitted under applicable rules of FINRA or other concessions [Logo]DWS SCUDDER Deutsche Bank Group described in the fee table or elsewhere in the Prospectuses or the SAI as payable to all financial advisors. For example, the Advisor, the Distributor and/or their affiliates may compensate financial advisors for providing each Fund with "shelf space" or access to a third party platform or fund offering list, or other marketing programs including, without limitation, inclusion of each Fund on preferred or recommended sales lists, mutual fund "supermarket" platforms and other formal sales programs; granting the Distributor access to the financial advisor's sales force; granting the Distributor access to the financial advisor's conferences and meetings; assistance in training and educating the financial advisor's personnel; and, obtaining other forms of marketing support. The level of revenue sharing payments made to financial advisors may be a fixed fee or based upon one or more of the following factors: gross sales, current assets and/or number of accounts of each Fund attributable to the financial advisor, the particular fund or fund type or other measures as agreed to by the Advisor, the Distributor and/or their affiliates and the financial advisors or any combination thereof. The amount of these payments is determined at the discretion of the Advisor, the Distributor and/or their affiliates from time to time, may be substantial, and may be different for different financial advisors based on, for example, the nature of the services provided by the financial advisor. The Advisor, the Distributor and/or their affiliates currently make revenue sharing payments from their own assets in connection with the sale and/or distribution of DWS Fund shares, or the retention and/or servicing of investors, to financial advisors in amounts that generally range from .01% up to .50% of assets of the Fund serviced and maintained by the financial advisor, .10% to ..25% of sales of the Fund attributable to the financial advisor, a flat fee of $12,500 up to $500,000, or any combination thereof. These amounts are annual figures typically paid on a quarterly basis and are subject to change at the discretion of the Advisor, the Distributor and/or their affiliates. Receipt of, or the prospect of receiving, this additional compensation, may influence your financial advisor's recommendation of this Fund or of any particular share class of the Fund. You should review your financial advisor's compensation disclosure and/or talk to your financial advisor to obtain more information on how this compensation may have influenced your financial advisor's recommendation of this Fund. The Advisor, the Distributor and/or their affiliates may also make such revenue sharing payments to financial advisors under the terms discussed above in connection with the distribution of both DWS funds and non-DWS funds by financial advisors to retirement plans that obtain record keeping services from ADP, Inc. on the DWS Scudder branded retirement plan platform (the "Platform") with the level of revenue sharing payments being based upon sales of both the DWS funds and the non-DWS funds by the financial advisor on the Platform or current assets of both the DWS funds and the non-DWS funds serviced and maintained by the financial advisor on the Platform. As of the date hereof, each Fund has been advised that the Advisor, the Distributor and their affiliates expect that the following firms will receive revenue sharing payments at different points during the coming year as described above: Channel: Broker-Dealers and Financial Advisors A G Edwards & Sons Inc. AIG Advisors Group Ameriprise Cadaret, Grant & Co. Inc. Capital Analyst, Incorporated Citigroup Global Markets, Inc. (dba Smith Barney) Commonwealth Equity Services, LLP (dba Commonwealth Financial Network) Deutsche Bank Group First Clearing/Wachovia Securities HD Vest Investment Securities, Inc. ING Group John Hancock Distributors LLC LaSalle Financial Services, Inc. (dba ABN Amro) Linsco/Private Ledger Corp. M.L. Stern & Co. Marsh Insurance and Investment Company Meridien Financial Group Merrill Lynch, Pierce, Fenner & Smith Inc. 2 Morgan Stanley Oppenheimer & Co., Inc. Raymond James & Associates Raymond James Financial Services RBC Dain Rauscher, Inc Securities America, Inc. UBS Financial Services Wells Fargo Investments, LLC Channel: Cash Product Platform Allegheny Investments LTD Bank of New York (Hare & Co.) Bear, Stearns Securities Corp. Brown Brothers Harriman Brown Investment Advisory & Trust Company Cadaret Grant & Co. Chicago Mercantile Exchange D.A. Davidson & Company Deutsche Bank Group Emmett A. Larkin Company Fiduciary Trust Co. - International First Southwest Company Huntleigh Securities Lincoln Investment Planning LPL Financial Services Mellon Financial Markets LLC Penson Financial Services Pershing Choice Platform ProFunds Distributors, Inc. Ridge Clearing & Outsourcing Solutions Romano Brothers and Company SAMCO Capital Markets Smith Moore & Company Sungard Institutional Brokerage Inc. US Bancorp UBS William Blair & Company Channel: Third Party Insurance Platforms Allstate Life Insurance Company of New York Ameritas Life Insurance Group American General Life Insurance Company Annuity Investors Life Insurance Company Columbus Life Insurance Company Commonwealth Annuity and Life Insurance Company Companion Life Insurance Company Connecticut General Life Insurance Company Farmers New World Life Insurance Company Fidelity Security Life Insurance Company First Allmerica Financial Life Insurance Company First Great West Life and Annuity Company Genworth Life Insurance Company of New York Genworth Life and Annuity Insurance Company Great West Life and Annuity Insurance Company Hartford Life Insurance Company 3 Integrity Life Insurance Company John Hancock Life Insurance companies Kemper Investors Life Insurance Company Lincoln Benefit Life Insurance Company Lincoln Life & Annuity Company of New York Lincoln National Life Insurance Company Massachusetts Mutual Life Insurance Group MetLife Group Minnesota Life Insurance Company Mutual of America Life Insurance Company National Life Insurance Company National Integrity Life Insurance Company Nationwide Group New York Life Insurance and Annuity Corporation Phoenix Life Insurance Company Protective Life Insurance Provident Mutual Life Insurance Prudential Insurance Company of America Sun Life Group Symetra Life Insurance Company Transamerica Life Insurance Company Union Central Life Insurance Company United of Omaha Life Insurance Company United Investors Life Insurance Company Western Southern Life Assurance Company Any additions, modifications or deletions to the financial advisors identified above that have occurred since the date hereof are not reflected. The Advisor, the Distributor or their affiliates may enter into additional revenue sharing arrangements or change or discontinue existing arrangements with financial advisors at any time without notice. The prospect of receiving, or the receipt of additional compensation or promotional incentives described above by financial advisors may provide such financial advisors and/or their salespersons with an incentive to favor sales of shares of the DWS Funds or a particular DWS Fund over sales of shares of mutual funds (or non-mutual fund investments) with respect to which the financial advisor does not receive additional compensation or promotional incentives, or receives lower levels of additional compensation or promotional incentives. Similarly, financial advisors may receive different compensation or incentives that may influence their recommendation of any particular share class of the Fund or of other funds. These payment arrangements, however, will not change the price that an investor pays for Fund shares or the amount that the Fund receives to invest on behalf of an investor and will not increase Fund expenses. You may wish to take such payment arrangements into account when considering and evaluating any recommendations relating to Fund shares and you should discuss this matter with your financial advisor and review your financial advisor's disclosures. Please Retain This Supplement for Future Reference February 1, 2008 4 -----END PRIVACY-ENHANCED MESSAGE-----