The Japan Fund
Advisor Classes A, B, and C
Supplement to Statement of Additional Information
Dated May 1, 2000
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The following text supplements the section entitled "Purchase of Shares" in each
of the currently effective Statements of Additional Information for each of the
above-noted funds:
From January 1, 2001 to April 30, 2001 ("Special Offering Period"), Kemper
Distributors, Inc. ("KDI"), the principal underwriter for the Class A Shares,
intends to reallow to certain firms the full applicable sales charge with
respect to Class A shares purchased for self-directed Individual Retirement
Accounts ("IRA accounts") during the Special Offering Period (not including
Class A shares acquired at net asset value). IRA accounts include Traditional,
Roth and Education IRAs, Savings Incentive Match Plan for Employees of Small
Employers ("SIMPLE") IRA accounts and Simplified Employee Pension Plan ("SEP")
IRA accounts. Firms entitled to the full reallowance during the Special Offering
Period are those firms which allow KDI to participate in a special promotion of
self-directed IRA accounts, with other fund complexes, sponsored by the firms
during the Special Offering Period.
January 1, 2001
