KEMPER GLOBAL INCOME FUND
497, 1999-06-25
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                     KEMPER GLOBAL AND INTERNATIONAL FUNDS
                            KEMPER GLOBAL INCOME FUND

                            SUPPLEMENT TO PROSPECTUS
                               DATED MARCH 1, 1999
                            ------------------------


The  following  information  replaces  disclosure  in the  "Investment  Manager"
section on page 63 of the fund's prospectus:

The fund is  managed by a team of  investment  professionals,  who  individually
represent  different  areas of  expertise.  The fund has two  Co-Lead  Portfolio
Managers,  who are ultimately responsible for the management of the fund and its
team.  Supporting  the fund  managers  are  Scudder  Kemper's  many  economists,
research analysts, traders, and other investment specialists, located in offices
across the United States and around the world.

Jan Faller,  Co-Lead Portfolio  Manager,  assumed  responsibility for the fund's
day-to-day operations in 1999. He joined the fund as a portfolio manager in 1999
and  joined  Scudder  Kemper  in 1999  as a  portfolio  manager.  He  began  his
investment career in 1988. Prior to joining Scudder Kemper,  Mr. Faller was part
of  the  Global  Fixed  Income  Portfolio  Management  team  at an  unaffiliated
investment management company.

Robert  Stirling,  Co-Lead  Portfolio  Manager,  joined  the  fund  and  assumed
responsibility  for the fund's day-to-day  operations in June 1999. Mr. Stirling
is an International  Portfolio Manager at Scudder Investments (U.K.) Limited and
Threadneedle  Asset  Management,   both  of  which  are  affiliated   investment
management  companies.  Prior to joining  these  companies,  Mr.  Stirling was a
partner of an unaffiliated  investment  management company managing fixed income
assets and assisting in the management of currency risk.

Jeremy L. Ragus,  Portfolio  Manager,  joined the fund's team in June 1999.  Mr.
Ragus joined Scudder Kemper in January 1990.  Prior to joining  Scudder  Kemper,
Mr.  Ragus  was  a  vice  president  of  a  municipal  bond  department  for  an
unaffiliated investment management company.

June 30, 1999


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