CASH ACCOUNT TRUST
Retail Money Market Shares
Premier Money Market Shares
Institutional Money Market Shares
SUPPLEMENT TO STATEMENT OF ADDITIONAL INFORMATION
DATED JANUARY 22, 1999
The following disclosure supplements the section entitled "Investment
Restrictions" in the currently effective Statement of Additional Information.
With regard to Restriction #13, for purposes of determining the percentage of
the Portfolio's total assets invested in securities of issuers having their
principal business activities in a particular industry, asset backed securities
will be classified separately, based on the nature of the underlying assets.
Currently, the following categories are used: captive auto, diversified, retail
and consumer loans, captive equipment and business, business trade receivables,
nuclear fuel and capital and mortgage lending.
May 26, 1999
