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Filed Pursuant to Rule 497(e)
Registration File No.: 33-18983
SUPPLEMENT TO THE PROSPECTUS OF
DEAN WITTER UTILITIES FUND
DATED FEBRUARY 24, 1994
The fifth paragraph under the section of the Prospectus entitled "The Fund
and its Management" is revised to reflect that, effective May 1, 1994, 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 $5 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: 0.65% of
the portion of daily net assets not exceeding $500 million; 0.55% of the
portion exceeding $500 million but not exceeding $1 billion; 0.525% of the
portion exceeding $1 billion but not exceeding $1.5 billion; 0.50% of the
portion exceeding $1.5 billion but not exceeding $2.5 billion; 0.475% of the
portion exceeding $2.5 billion but not exceeding $3.5 billion; 0.45% of the
portion exceeding $3.5 billion but not exceeding $5 billion; and 0.425% of
the portion of daily net assets exceeding $5 billion.
April 29, 1994
