Kemper Cash Reserves Fund
Supplement to Statement of Additional Information
Dated February 1, 2000
The above-listed Fund's non-fundamental investment restrictions have been
amended by a vote of the Board of Trustees for the Fund. The following amended
and restated non-fundamental policies restate in their entirety the
non-fundamental restrictions for the Fund in the section entitled "Investment
Restrictions" in the currently effective Statement of Additional Information. In
addition, any reference to these policies elsewhere in the Statement of
Additional Information is hereby amended.
As a matter of non-fundamental policy, the Fund will not:
o Borrow money in an amount greater than 5% of its total assets, except for
temporary or emergency purposes.
o Lend portfolio securities in an amount greater than one third of its total
assets.
o Invest more than 10% of net assets in illiquid securities.
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