KEMPER CLASSIC GROWTH FUND
SUPPLEMENT TO THE STATEMENT OF
ADDITIONAL INFORMATION DATED
FEBRUARY 1, 2000
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Performance figures for Class A, B and C shares for the period April 16, 1998 to
October 31, 1999 reflect the actual performance of these classes of shares.
Returns for Class A, B and C shares for the period September 9, 1996 to April
16, 1998 are derived from the historical performance of Class S shares, adjusted
to reflect the operating expenses applicable to Class A, B and C shares, which
may be higher or lower than those of Class S shares. The performance figures are
also adjusted to reflect the maximum sales charge of 5.75% for Class A shares
and the current 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, B and C 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.
Average Annual Total Return for the periods ended October 31, 1999
One Year Life of Class*
Class A 24.92% 25.19%
Class B 28.36% 26.26%
Class C 31.30% 26.26%
* Because Class A, B and C shares were not introduced until April 16, 1998, the
total return for Class A, B and C shares for the period prior to their
introduction is based upon the performance of Class S shares from the
commencement of investment operations, September 9, 1996 through April 16, 1998.
Actual performance of Class A, B and C shares is shown beginning April 16, 1998.
September 29, 2000
