Scudder Kemper Investments, Inc.
Two International Place
Boston, MA 02110
August 18, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Kemper Target 2011 Fund, formerly Kemper Retirement Fund -
Series II (the "Fund"), a series of Kemper Target Equity Fund
(the "Trust") (Reg. No. 33-30876) (811-5896); Post-Effective
Amendment No. 31 to the Registration Statement on Form N-1A
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended,
the Trust hereby certifies that the form of Prospectus and Statement of
Additional Information that would have been filed on behalf of the Fund,
pursuant to Rule 497(c), upon the effectiveness of Post-Effective Amendment No.
31 to the Trust's Registration Statement on Form N-1A (the "Amendment"), does
not differ from that contained in the Amendment, which is the most recent
amendment to such Registration Statement and was filed electronically on August
15, 2000.
Comments or questions concerning this certificate may be directed to
Robyn Reed at (617) 295-2558.
Very truly yours,
By: /s/ Caroline Pearson
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Caroline Pearson
Assistant Secretary
Kemper Target Equity Fund
