KEMPER FLOATING RATE FUND
Supplement to Statement of Additional Information dated November 1, 1999
The following information supplements the disclosure in the "Investment
Management and Other Services" section of the Fund's Statement of Additional
Information:
On October 17, 2000, the dual holding company structure of Zurich Financial
Services Group, comprised of Allied Zurich p.l.c. in the United Kingdom and
Zurich Allied A.G. in Switzerland, was unified into a single Swiss holding
company, Zurich Financial Services.
October 30, 2000
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