KEMPER EQUITY FUNDS/ GROWTH STYLE
KEMPER AGGRESSIVE GROWTH FUND
SUPPLEMENT TO PROSPECTUS
DATED FEBRUARY 1, 1999
----------------------
The following information replaces the disclosure for the Kemper Aggressive
Growth Fund in the "Portfolio Management" section of the Prospectus:
The fund is managed by a team of investment professionals, who individually
represent different areas of expertise. The fund has a Lead Portfolio Manager,
who is ultimately responsible for the management of the fund and its team.
Supporting the fund managers are Scudder Kemper's many economists, research
analysts, traders, and other investment specialists, located in offices across
the United States and around the world.
Sewall F. Hodges is the Lead Portfolio Manager for the Kemper Aggressive Growth
Fund. Mr. Hodges joined the team for the fund in 1999, and joined Scudder Kemper
in 1995. He began his investment career in 1978. Prior to joining Scudder Kemper
he was a global equity portfolio manager and research analyst at an unaffiliated
investment management company.
Kurt R. Stalzer is a Portfolio Manager for the Kemper Aggressive Growth Fund.
Mr. Stalzer joined the team for the fund in 1997, and joined Scudder Kemper in
1997. He began his investment career in 1982. Prior to joining Scudder Kemper he
was a senior portfolio manager for an unaffiliated investment management
company.
June 17, 1999