497 1 sp072308mega.txt PROSPECTUS STICKER SUPPLEMENT TO THE CURRENTLY EFFECTIVE INSTITUTIONAL CLASS PROSPECTUS OF EACH OF THE LISTED FUNDS/PORTFOLIOS: ----------------------
Cash Reserve Fund, Inc.: DWS Dreman Small Cap Value Fund DWS Large Company Growth Fund Prime Series DWS EAFE(R) Equity Index Fund DWS Lifecycle Long Range Fund DWS Alternative Asset Allocation Plus Fund DWS Emerging Markets Equity Fund DWS LifeCompass Income Fund Cash Management Fund Institutional DWS Emerging Markets Fixed Income Fund DWS LifeCompass Protect Fund DWS Balanced Fund DWS Equity 500 Index Fund DWS Managed Municipal Bond Fund DWS Blue Chip Fund DWS Equity Income Fund DWS Micro Cap Fund DWS Capital Growth Fund DWS Equity Partners Fund DWS Mid Cap Growth Fund DWS Climate Change Fund DWS Europe Equity Fund DWS Money Market Series DWS Commodity Securities Fund DWS Floating Rate Plus Fund DWS RREEF Global Real Estate Securities DWS Communications Fund DWS Gold & Precious Metals Fund Fund DWS Core Fixed Income Fund DWS Growth & Income Fund DWS RREEF Global Infrastructure Fund DWS Core Plus Allocation Fund DWS Health Care Fund DWS RREEF Real Estate Securities Fund DWS Core Plus Income Fund DWS High Income Fund DWS Short Duration Fund DWS Disciplined Long/Short Growth Fund DWS High Income Plus Fund DWS Short-Term Municipal Bond Fund DWS Disciplined Long/Short Value Fund DWS Inflation Protected Plus Fund DWS Small Cap Growth Fund DWS Disciplined Market Neutral Fund DWS Intermediate Tax/AMT Free Fund DWS Strategic Government Securities Fund DWS Dreman Concentrated Value Fund DWS International Fund DWS Strategic High Yield Tax Free Fund DWS Dreman High Return Equity Fund DWS International Select Equity Fund DWS Technology Fund DWS Dreman Mid Cap Value Fund DWS International Value Opportunities Fund DWS U.S. Bond Index Fund DWS Large Cap Value Fund DWS Value Builder Fund
-------------------------------------------------------------------------------- On or about July 25, 2008, the following information replaces in its entirety the disclosure under "Investment minimums" in the "Buying and Selling Institutional Class Shares" section of each fund's/portfolio's Institutional Class prospectus: Investment minimums Your initial investment must be for at least $1,000,000. There are no minimum subsequent investment requirements. The minimum initial investment is waived for: o Shareholders with existing accounts prior to August 13, 2004 who met the previous minimum investment eligibility requirement. o Investment advisory affiliates of Deutsche Bank Securities, Inc., DWS funds or Deutsche funds purchasing shares for the accounts of their investment advisory clients. o Employee benefit plans with assets of at least $50 million. o Clients of the private banking division of Deutsche Bank AG. o Institutional clients and qualified purchasers that are clients of a division of Deutsche Bank AG. o A current or former director or trustee of the Deutsche or DWS mutual funds. o An employee, the employee's spouse or life partner and children or stepchildren age 21 or younger of Deutsche Bank or its affiliates or a sub-advisor to any fund in the DWS family of funds or a broker-dealer authorized to sell shares of the funds. [Logo]DWS INVESTMENTS Deutsche Bank Group July 25, 2008 DMF-3672 o For DWS Capital Growth Fund, DWS Core Fixed Income Fund, DWS Dreman High Return Equity Fund and DWS Dreman Small Cap Value Fund only: Shareholders with existing Institutional Class accounts prior to July 23, 2007 who purchased shares through certain broker-dealers authorized to sell shares of the funds. o Registered investment advisors who trade through platforms approved by the Advisor and whose client assets in the aggregate meet or, in the Advisor's judgment, will meet within a reasonable period of time, the $1,000,000 minimum investment. o Employee benefit plan platforms approved by the Advisor that invest in the fund through an omnibus account, and that meet, or in the Advisor's judgment, will meet within a reasonable period of time, the $1,000,000 minimum investment. Each fund reserves the right to modify the above eligibility requirements and investment minimums at any time. In addition, each Fund, in its discretion, may waive the minimum initial investment for specific employee benefit plans (or family of plans) whose aggregate investment in Institutional Class shares of the Fund equals or exceeds the minimum initial investment amount but where a particular account or program may not on its own meet such minimum amount. Please Retain This Supplement for Future Reference July 25, 2008 DMF-3672