KEMPER DREMAN FUND INC, 497, 1997-06-20

KEMPER DREMAN FUND INC
497, 1997-06-20

Previous: INFINITY INC, 8-K, 1997-06-20

Next: NUVEEN TAX EXEMPT UNIT TRUST SERIES 457, 485BPOS, 1997-06-20



<PAGE>   1
 
                            KEMPER-DREMAN FUND, INC.
                         Kemper-Dreman Contrarian Fund
                     Kemper-Dreman High Return Equity Fund
                       Kemper-Dreman Small Cap Value Fund
                            SUPPLEMENT TO PROSPECTUS
                              DATED APRIL 25, 1997
 
INVESTMENT MANAGER AND UNDERWRITER
 
     Thomas H. Forester has been a portfolio co-manager of Kemper-Dreman Small
Cap Value Fund since May, 1997 and has lead responsibility for the management of
the Fund. Mr. Forester joined Dreman Value Advisors, Inc. ("DVA"), the
investment manager for the Small Cap Value Fund in May, 1997. Prior to joining
DVA, he served as a senior portfolio manager with an unaffiliated investment
management company. He received his undergraduate degree at the University of
Colorado and holds an M.B.A. in finance from Northwestern University. He is a
chartered financial analyst.
 
DRE-1B (6/20/97)
ZKDI 706065 (6/97)                               (LOGO)printed on recycled paper