KEMPER MONEY FUNDS
497, 1996-08-13
Previous: KEMPER INCOME & CAPITAL PRESERVATION FUND INC, 497, 1996-08-13
Next: FIRST YEARS INC, 10-Q, 1996-08-13



<PAGE>   1
 
                            KEMPER MONEY MARKET FUND
                            SUPPLEMENT TO PROSPECTUS
                            DATED NOVEMBER 20, 1995
                            ------------------------
 
     Kemper Money Market Fund's name and the names of its three series have been
changed as follows:
 
Old
Kemper Money Market Fund
  Money Market Portfolio
  Government Securities Portfolio
  Tax-Exempt Portfolio
 
New
Kemper Money Funds
  Kemper Money Market Fund
  Kemper Government Money Fund
  Kemper Tax-Free Money Fund
 
     The following supplements the indicated sections of the prospectus.
 
HOW TO BUY SHARES
  BY WIRE
 
     Shareholders purchasing shares by wire should have Federal Funds wired to
United Missouri Bank of Kansas City, N.A. (ABA #1010-0069-5), 10th and Grand
Avenue, Kansas City, MO 64106 for credit to the appropriate Fund bank account
(Kemper Money Market Fund: 98-0103-346-8; Kemper Government Money Fund:
98-0116-259-4; or Kemper Tax-Free Money Fund: 98-0001-577-6) and for further
credit to their Fund account number.
 
DIVIDENDS AND TAXES
 
     Commencing March, 1996, shareholders will receive monthly statements
reflecting dividend reinvestment and purchase and redemption transactions during
the month. Except for initial purchases, confirmations will no longer be sent
after each transaction.
 
     Each Portfolio will reinvest dividend checks (and future dividends) in
shares of that same Portfolio if checks are returned as undeliverable. Dividends
and other distributions of a Portfolio in the aggregate amount of $10 or less
are automatically reinvested in shares of the same Portfolio unless the
Shareholder requests that such policy not be applied to the Shareholder's
account.
 
     When more than one shareholder resides at the same address, certain reports
and communications to be delivered to such shareholders may be combined in the
same mailing package, and certain duplicate reports and communications may be
eliminated. Similarly, account statements to be sent to such shareholders may be
combined in the same mailing package or consolidated into a single statement.
However, a shareholder may request that the foregoing policies not be applied to
the shareholder's account.
<PAGE>   2
 
INVESTMENT MANAGER
 
     Kemper Financial Services, Inc., the investment manager for the Fund, has
changed its name to Zurich Kemper Investments, Inc. ("ZKI"). ZKI is an indirect
subsidiary of Zurich Insurance Company, an internationally recognized company
providing services in life and non-life insurance, reinsurance and asset
management. See "Investment Manager and Underwriter" in the prospectus.
 
HOW TO SELL SHARES
 
     If shares of a Fund to be redeemed were purchased by check or through
EXPRESS-Transfer or Bank Direct Deposit, the Fund may delay transmittal of
redemption proceeds until it has determined that collected proceeds have been
received for the purchase of such shares, which may be up to 10 calendar days
from receipt by the Fund of the purchase amount.
 
SPECIAL FEATURES
 
  EXPRESS-TRANSFER
 
     The minimum and maximum amounts that may be redeemed under the
EXPRESS-Transfer privilege are $100 and $50,000, respectively.
 
August 9, 1996
KMMF-1AA 8/96
KDI602008                                      (LOGO)K printed on recycled paper


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission