KEMPER GLOBAL AND INTERNATIONAL FUNDS
Global Discovery Fund
Kemper International Growth and Income Fund
SUPPLEMENT TO PROSPECTUS
DATED MARCH 1, 1999
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The following information replaces the "Average Annual Total Returns" table for
the Global Discovery Fund on page 36 of the Prospectus:
Average annual total returns
Salomon Brothers
For periods ended Global World Equity
December 31, 1998 Discovery Fund Extended Market Index
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One Year 16.43% 5.93%
Five Years 11.08% 9.24%
Since Inception (9/10/91) 12.83% 10.18%*
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* Index comparison begins August 31, 1991.
The Salomon Brothers World Equity Extended Market Index is an unmanaged small
capitalization stock universe of 22 countries. Index returns assume reinvestment
of dividends and, unlike fund returns, do not reflect any fees or expenses.
The following information replaces disclosure for the Kemper International
Growth and Income Fund in the "Portfolio Manager" section of the Prospectus on
page 65:
Lauren C. Lambert is a portfolio manager for the International Growth and Income
Fund. She has been with the Fund as a portfolio manager since 1999, and she
joined Scudder Kemper in 1994 as an equity analyst. She began her investment
career in 1987. Prior to joining Scudder Kemper, she was an equity analyst at an
unaffiliated investment management company.
April 14, 1999
