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Filed Pursuant to Rule 497(e)
Registration File No.: 33-14629
SUPPLEMENT TO THE PROSPECTUS OF
DEAN WITTER VALUE-ADDED MARKET SERIES
DATED JULY 28, 1997
The sixth paragraph of the section entitled "The Fund and Its Management"
in the above Prospectus is revised to reflect that, effective May 1, 1998,
the Trustees of the Fund have amended the Fund's Investment Management
Agreement to reduce the compensation received by the Investment Manager under
the Agreement for assets exceeding $2 billion, so that the compensation under
the Agreement is calculated daily by applying the following annual rates to
the Fund's net assets determined as of the close of each business day: 0.50%
of the portion of daily net assets not exceeding $500 million; 0.45% of the
next $500 million; 0.425% of the next $1 billion; and 0.40% of the portion of
daily net assets exceeding $2 billion.
May 1, 1998
