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Filed Pursuant to Rule 497(e)
Registration File No.: 2-66269
33-87472
33-56851
33-61511
33-44782
2-70423
33-35530
333-16177
333-30765
33-56239
33-59004
33-50907
33-48189
33-87472
333-00437
33-53955
2-70421
33-35541
333-06935
333-29721
33-23669
2-86966
33-18983
33-14629
33-26375
2-85148
SUPPLEMENT TO THE PROSPECTUSES OF
DEAN WITTER AMERICAN VALUE FUND Dated July 28, 1997
DEAN WITTER BALANCED GROWTH FUND Dated July 28, 1997
DEAN WITTER BALANCED INCOME FUND Dated July 28, 1997
DEAN WITTER CAPITAL APPRECIATION FUND Dated July 28, 1997
DEAN WITTER DIVERSIFIED INCOME TRUST Dated July 28, 1997
DEAN WITTER DIVIDEND GROWTH SECURITIES INC. Dated July 28, 1997
DEAN WITTER EUROPEAN GROWTH FUND INC. Dated July 28, 1997
DEAN WITTER FINANCIAL SERVICES TRUST Dated July 28, 1997
DEAN WITTER FUND OF FUNDS Dated October 3, 1997
DEAN WITTER GLOBAL ASSET ALLOCATION FUND Dated July 28, 1997
DEAN WITTER GLOBAL DIVIDEND GROWTH SECURITIES Dated July 28, 1997
DEAN WITTER GLOBAL UTILITIES FUND Dated July 28, 1997
DEAN WITTER HEALTH SCIENCES TRUST Dated September 29, 1997
DEAN WITTER INFORMATION FUND Dated July 28, 1997
DEAN WITTER JAPAN FUND Dated July 28, 1997
DEAN WITTER MID-CAP GROWTH FUND Dated July 28, 1997
DEAN WITTER NATURAL RESOURCE DEVELOPMENT SECURITIES INC. Dated July 28, 1997
DEAN WITTER PACIFIC GROWTH FUND INC. Dated July 28, 1997
DEAN WITTER SPECIAL VALUE FUND Dated September 30, 1997
DEAN WITTER S&P 500 INDEX FUND Dated August 6, 1997
DEAN WITTER STRATEGIST FUND Dated September 26, 1997
DEAN WITTER U.S. GOVERNMENT SECURITIES TRUST Dated July 28, 1997
DEAN WITTER UTILITIES FUND Dated July 28, 1997
DEAN WITTER VALUE-ADDED MARKET SERIES Dated July 28, 1997
DEAN WITTER WORLD WIDE INCOME TRUST Dated July 28, 1997
DEAN WITTER WORLD WIDE INVESTMENT TRUST Dated July 28, 1997
The Directors/Trustees of each investment company named above have
approved certain changes to the minimum required investments for each Fund
and various matters pertaining to certain retirement plans, including the
terms of the contingent deferred sales charge applicable to redemptions by
such plans. Except as otherwise noted below with respect to Dean Witter
Special Value Fund, the disclosure in the section of each of the above
Prospectuses entitled "Purchase of Fund Shares" pertaining to minimum
investment requirements is hereby modified to reflect the following:
The minimum initial purchase in the case of an "Education IRA" is $500,
if the Distributor has reason to believe that additional investments will
increase the investment in the account to $1,000 within three years. [The
preceding sentence is not applicable to Dean Witter Special Value Fund.]
In the case of investments pursuant to (i) Systematic Payroll Deduction
Plans (including Individual Retirement Plans), (ii) the InterCapital
mutual fund asset allocation program and (iii) fee-based programs approved
by the Distributor, pursuant to which participants pay an asset based fee
for services in the nature of investment advisory or administrative
services, the Fund, in its discretion, may accept investments without
regard to any minimum amounts which would otherwise be required, provided,
in the case of Systematic Payroll Deduction Plans, that the Distributor
has reason to believe that additional investments will increase the
investment in all accounts under such Plans to at least $1,000 ($5,000 in
the case of Dean Witter Special Value Fund).
The first reference in each of the above Prospectuses to "retirement plans
qualified under Section 401(k) of the Internal Revenue Code ("401(k) plans")
and other employer-sponsored plans qualified under Section 401(a) of the
Internal Revenue Code . . . for which Dean Witter Trust Company or Dean
Witter Trust FSB serves as Trustee or the 401(k) Support Services Group of
Dean Witter Reynolds Inc.
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("DWR") serves as recordkeeper" [Prospectuses dated July 28, 1997] or
"retirement plans qualified under Section 401(k) of the Internal Revenue Code
("401(k) plans") and other employer-sponsored plans qualified under Section
401(a) of the Internal Revenue Code . . . for which Dean Witter Trust FSB
serves as Trustee or the 401(k) Support Services Group of DWR serves as
recordkeeper" [Prospectuses dated after July 28, 1997] is hereby changed to
"employer-sponsored 401(k) and other plans qualified under Section 401(a) of
the Internal Revenue Code ("Qualified Retirement Plans") for which Dean
Witter Trust FSB ("DWT") serves as Trustee or DWR's Retirement Plan Services
serves as recordkeeper pursuant to a written Recordkeeping Services
Agreement." All subsequent references to such plans in each of the above
Prospectuses are hereby changed to "Qualified Retirement Plans for which DWT
serves as Trustee or DWR's Retirement Plan Services serves as recordkeeper
pursuant to a written Recordkeeping Services Agreement."
The disclosure in the section of each of the above Prospectuses entitled
"Purchase of Fund Shares" pertaining to eligibility to purchase Class D
shares is hereby modified to reflect the following:
Qualified Retirement Plans for which DWT serves as Trustee or DWR's
Retirement Plan Services serves as recordkeeper pursuant to a written
Recordkeeping Services Agreement must satisfy an initial investment
minimum of $25 million to be eligible to purchase Class D shares. Such
Qualified Retirement Plans will be eligible to purchase Class D shares if
they have a cumulative net asset value of shares of Dean Witter Funds sold
with a front-end sales charge ("FSC Funds") and Class A and Class D shares
of the Fund and other Dean Witter Funds that, together with the current
investment amount, is equal to at least $25 million. For other investors,
the $5 million minimum initial investment requirement and the provisions
regarding eligibility to purchase Class D shares if they have a cumulative
net asset value of shares of FSC Funds and Class A and Class D shares of
the Fund and other Dean Witter Funds that, together with the current
investment amount, is equal to at least $5 million remains unchanged.
The disclosure in the section of each of the above Prospectuses entitled
"Purchase of Fund Shares" pertaining to the Contingent Deferred Sales Charge
("CDSC") is hereby modified to reflect the following:
In the case of Class B shares of the Fund held by Qualified Retirement
Plans for which DWT serves as Trustee or DWR's Retirement Plan Services
serves as recordkeeper pursuant to a written Recordkeeping Services
Agreement, the three-year CDSC presently applicable only to redemptions of
shares held by such plans whose accounts were opened on or after July 28,
1997 shall now also apply to redemptions of shares purchased on or after
July 28, 1997 by such plans whose accounts were opened before July 28,
1997.
December 31, 1997
