ZURICH MONEY FUNDS ZURICH YIELDWISE FUNDS
Zurich Money Market Fund Zurich Yieldwise Money Fund
Zurich Government Money Fund Zurich Yieldwise Government Money Fund
Zurich Tax-Free Money Fund Zurich Yieldwise Municipal
Money Fund
SUPPLEMENT TO PROSPECTUS
DATED NOVEMBER 30, 1998 SUPPLEMENT TO PROSPECTUS
DATED NOVEMBER 30, 1998
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The following disclosure supplements the disclosure in the "Exchanging Shares --
Automatic Exchange Plan" section of each prospectus.
Shares of a Kemper Fund with a value in excess of $1,000,000 (except Kemper Cash
Reserves Fund) acquired by exchange from another Kemper Fund, or from a Money
Market Fund, may not be exchanged thereafter until they have been owned for 15
days (the "15-Day Hold Policy"). For purposes of determining whether the 15-Day
Hold Policy applies to a particular exchange, the value of the shares to be
exchanged shall be computed by aggregating the value of shares being exchanged
for all accounts under common control, discretion or advice, including without
limitation accounts administered by a financial services firm offering market
timing, asset allocation or similar services.
Effective June 1, 1999, in addition to the current limits on exchanges of
shares, shares of a Kemper Fund with a value of $1,000,000 or less (except
Kemper Cash Reserves Fund) acquired by exchange from another Kemper Fund, or
from a Money Market Fund, may not be exchanged thereafter until they have been
owned for 15 days if, in the investment manager's judgement, the exchange
activity may have an adverse effect on the fund. In particular, a pattern of
exchanges that coincides with a "market timing" strategy may be disruptive to
the Kemper Fund and therefore may be subject to the 15-Day Hold Policy.
April 28, 1999