KEMPER GLOBAL INCOME FUND
SUPPLEMENT TO THE STATEMENT OF
ADDITIONAL INFORMATION DATED
MARCH 1, 2000
--------------------------
Performance figures for Class B and C shares of the Fund for the period May 31,
1994 to December 31, 1999 reflect the actual performance of these classes of
shares. Returns for Class B and C shares for the period October 1, 1989 to May
31, 1994 are derived from the historical performance of Class A shares, adjusted
to reflect the operating expenses applicable to Class B and C shares, which may
be higher or lower than those of Class A shares. The performance figures are
also adjusted to reflect the maximum sales charge of 5.75% for Class A shares
and the current maximum contingent deferred sales charge of 4% for Class B
shares and 1% for Class C shares.
The returns in the chart below assume reinvestment of distributions at net asset
value and represent both actual past performance figures and adjusted
performance figures of the Class A shares of the Fund as described above; they
do not guarantee future results. Investment return and principal value will
fluctuate so that an investor's shares, when redeemed, may be worth more or less
than their original cost.
KEMPER GLOBAL INCOME FUND -- AS OF DECEMBER 31, 1999*
<TABLE>
<CAPTION>
AVERAGE ANNUAL Class A Class B Class C
TOTAL RETURNS Shares Shares Shares
------------- ------ ------ ------
<S> <C> <C> <C>
Life of Class(+) 6.70% 4.88% 5.08%
Ten Years 6.36% 6.08% 6.18%
FiveYears 5.01% 5.07% 5.30%
One Year -10.58% -9.66% -7.06%
</TABLE>
(+) Since October 1, 1989 for Class A shares. Since May 31, 1994 for Class B
and Class C shares.
* Because Class B and C shares were not introduced until May 31, 1994, the total
return for Class B and C shares for the period prior to their introduction is
based upon the performance of Class A shares from the commencement of investment
operations, October 1, 1989 through May 31, 1994. Actual performance of Class B
and C shares is shown beginning May 31, 1994.
September 29, 2000