KEMPER GLOBAL AND INTERNATIONAL FUNDS
Kemper Europe Fund
Kemper Global Income Fund
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1999
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The following information replaces disclosure for the Kemper Europe Fund in the
"Portfolio Management" section of the Prospectus on page 61:
Carol L. Franklin is the Lead Portfolio Manager for the Kemper Europe Fund. She
joined the fund as a portfolio manager in 1999, and joined Scudder Kemper in
1981 as a portfolio manager. She is a member of the firm's Global Equity Group
and is a portfolio manager for other affiliated international mutual funds. She
began her investment career in 1975.
Marc Slendebroek is a Portfolio Manager for the Kemper Europe Fund. He joined
the fund as a portfolio manager in 1998, and joined Scudder Kemper in 1994 as a
European equity analyst. He is an international portfolio manager at Scudder
Investments (U.K.) Limited, an affiliate of Scudder Kemper serving as
sub-adviser for the fund. He began his investment career in 1990. Prior to
joining Scudder Kemper he worked for an unaffiliated investment company.
Joan R. Gregory is a Portfolio Manager for the Kemper Europe Fund. She joined
the fund as a portfolio manager in 1999, and joined Scudder Kemper in 1992. She
is a member of the firm's Global Equity Group and is on the portfolio management
teams for other affiliated international mutual funds. She began her investment
career in 1989.
The following information replaces disclosure for the Kemper Global Income Fund
in the "Portfolio Management" section of the Prospectus on page 63:
Isabel Saltzman is the Lead Portfolio Manager for the Kemper Global Income Fund.
She joined the fund as a portfolio manager in 1999 and joined Scudder Kemper in
1990 as a portfolio manager. She is the Product Leader and a Senior Portfolio
Manager for the firm's Emerging Market Bond Group. She began her investment
career in 1979.
Jan Faller is a Portfolio Manager for the Kemper Global Income Fund. He joined
the fund as a portfolio manager in 1999 and joined Scudder Kemper in 1999 as a
portfolio manager. He began his investment career in 1988. Prior to joining
Scudder Kemper, he was part of the Global Fixed Income Portfolio Management team
at an unaffiliated investment management company.
May 12, 1999
KGIF-1D
507266
