RREEF SECURITIES TRUST
RREEF RREAL ESTATE SECURITIES FUND
SUPPLEMENT Dated November 28, 2000
to the Prospectus and Statement of Information
Dated February 23, 2000
On November 27, 2000, Fund portfolio manager Karen J. Knudson was elected as a
Trustee and as Chairman of the Board, President and Chief Executive Officer of
the Trust. At the same time, the Trustees accepted the resignation of Kim G.
Redding as co-portfolio manager of the Fund and as Trustee and officer of the
Trust. This supplement revises the Prospectus discussion under "The Fund
Management Team" and the Statement of Additional Information discussion under
"Management--Trustees and Officers."
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