SUPPLEMENT TO THE CURRENTLY EFFECTIVE STATEMENTS OF ADDITIONAL INFORMATION
                               OF THE LISTED FUND:

                              ---------------------


DWS International Value Opportunities Fund

- --------------------------------------------------------------------------------

The following information replaces the existing disclosure contained in the
"Compensation of Portfolio Managers" subsection under the "Management of the
Fund" section of the Fund's Statements of Additional Information ("SAIs"):

Compensation of Portfolio Managers

Portfolio managers are eligible for total compensation comprised of base salary
and variable compensation.

Base Salary - Base salary is linked to job functions, responsibilities and
financial services industry peer comparison through the use of extensive market
data surveys.

Variable Compensation - Generally, variable compensation comprises a greater
proportion of total compensation as a portfolio manager's seniority and
compensation levels increase. Variable Compensation may include a cash bonus
incentive, and potential participation in long-term incentive programs including
but not limited to, Deutsche Bank equity, equity linked vehicle, and restricted
cash. Variable compensation is determined based on an analysis of a number of
factors, including among other things, the performance of Deutsche Bank, the
performance of the Asset Management division, and the portfolio manager's
individual contribution. In evaluating individual contribution, management will
consider a combination of quantitative and qualitative factors. Top performing
investment professionals earn a total compensation package that is highly
competitive. As variable compensation increases, the percentage awarded in
long-term incentives also increases. Long-term incentives are subject to a
clawback provision for unvested portions only during the three-year life of the
plan should the individual engage in any conduct that is a significant breach of
Deutsche Bank policies and procedures.

          o    The quantitative analysis of a portfolio manager's individual
               performance is based on, among other factors, performance of all
               of the accounts managed by the portfolio manager (which includes
               the fund and any other accounts managed by the portfolio manager)
               over a one-, three-, and five-year period relative to the
               appropriate Morningstar and Lipper peer group universes and/or
               benchmark index(es) with respect to each account. Additionally,
               the portfolio manager's retail/institutional asset mix is
               weighted, as appropriate for evaluation purposes. Generally the
               benchmark index used is a benchmark index set forth in the fund's
               prospectus to which the fund's performance is compared.
               Additional or different appropriate peer group or benchmark
               indices may also be used. Primary weight is given to pre-tax
               portfolio performance over three-year and five-year time periods
               (adjusted as appropriate if the portfolio manager has served for
               less than five years) with lesser consideration given to
               portfolio performance over a one-year period. The increase or
               decrease in a fund's assets due to the purchase or sale of fund
               shares is not considered a material factor.

          o    The qualitative analysis of a portfolio manager's individual
               performance is based on, among other things, the results of an
               annual management and internal peer review process, and
               management's assessment of overall portfolio manager
               contributions to investor relations, the investment process and
               overall performance (distinct from fund and other account
               performance). Other factors, including contributions made to the
               investment team, as well as adherence to Compliance Policies and
               Procedures, Risk Management procedures, the firm's Code of Ethics
               and "living the values" of the Advisor are also factors.





The quantitative analysis of a portfolio manager's performance is given more
weight in determining variable compensation than the qualitative portion.

The following information supplements the existing disclosure contained in the
"Fund Ownership of Portfolio Managers" and "Conflicts of Interest" subsection
under the "Management of the Fund" section of the Fund's SAIs:

Fund Ownership of Portfolio Managers

The following table shows the dollar range of shares owned beneficially and of
record by Hansjoerg Pack in the Fund as well as in all DWS Funds as a group
(i.e., those funds advised by Deutsche Asset Management or its affiliates),
including investments by his immediate family members sharing the same household
and amounts invested through retirement and deferred compensation plans. This
information is provided as of the Fund's most recent fiscal year end.

Name of                      Dollar Range of         Dollar Range of All DWS
Portfolio Manager           Fund Shares Owned           Fund Shares Owned
- -----------------           -----------------           -----------------

Hansjoerg Pack                     $0                    $100,001-$500,000

Because  the  fund's  portfolio  managers  are  not  resident  in the  US,  they
generally  do not  invest in US  registered  investment  companies,  such as the
Fund,  on  account  of US tax and other  regulatory  limitations  applicable  to
foreign investors.

Conflicts of Interest
In addition to managing the assets of the Fund,  the Fund's  portfolio  managers
may have  responsibility  for managing  other client  accounts of the Advisor or
its  affiliates.  The tables  below show,  for  Hansjoerg  Pack,  the number and
asset  size of (1) SEC  registered  investment  companies  (or  series  thereof)
other than the Fund,  (2) pooled  investment  vehicles  that are not  registered
investment  companies  and  (3)  other  accounts  (e.g.,  accounts  managed  for
individuals or  organizations)  managed by him.  Total assets  attributed to the
portfolio  manager in the tables  below  include  total  assets of each  account
managed  by him,  although  the  manager  may  only  manage  a  portion  of such
account's  assets.  The  tables  also show the number of  performance  based fee
accounts,  as well as the total  assets of the  accounts  for which the advisory
fee is based on the  performance  of the account.  This  information is provided
for as of the Fund's most recent fiscal year end.

Other SEC Registered Investment Companies Managed:



                                                                       Number of
                              Number of        Total Assets of    Investment Company
                              Registered          Registered         Accounts with      Total Assets of
Name of Portfolio             Investment          Investment      Performance Based       Performance-
Manager                       Companies           Companies               Fee          Based Fee Accounts
- -------                       ---------           ---------               ---          ------------------

                                                                                   
Hansjoerg Pack                    0                   $0                   0                   $0

Other Pooled Investment Vehicles Managed:

                                                                      Number of Pooled
                               Number of                             Investment Vehicle
                                Pooled          Total Assets of         Accounts with      Total Assets of
                              Investment       Pooled Investment      Performance-Based      Performance-
Name of Portfolio Manager      Vehicles             Vehicles                 Fee          Based Fee Accounts
- -------------------------      --------             --------                 ---          ------------------

Hansjoerg Pack                     3              $ 37,212,198                3              $ 37,212,198

Other Accounts Managed:

                                                                       Number of Other
                                                                        Accounts with      Total Assets of
                               Number of     Total Assets of Other    Performance-Based      Performance-
Name of Portfolio Manager   Other Accounts          Accounts                 Fee          Based Fee Accounts
- -------------------------   --------------          --------                 ---          ------------------

Hansjoerg Pack                     0                   $0                     0                   $0




               Please Retain This Supplement for Future Reference

November 10, 2009