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Filed Pursuant to Rule 497(e)
Registration File No.: 333-39791
333-02419
33-55218
33-46515
33-63685
33-81012
33-48765
SUPPLEMENT TO THE STATEMENTS OF ADDITIONAL INFORMATION OF
TCW/DW EMERGING MARKETS OPPORTUNITIES TRUST Dated March 31, 1998
TCW/DW GLOBAL TELECOM TRUST Dated July 31, 1998
TCW/DW INCOME AND GROWTH FUND Dated March 31, 1998
TCW/DW LATIN AMERICAN GROWTH FUND Dated March 31, 1998
TCW/DW MID-CAP EQUITY TRUST Dated January 30, 1998
TCW/DW SMALL CAP GROWTH FUND Dated April 24, 1998
TCW/DW TOTAL RETURN TRUST Dated September 29, 1998
The Trustees of each TCW/DW Fund named above have approved a change to the
provisions of the "Letter of Intent" whereby investors may purchase Class A
shares of each Fund (which Class is offered with a front-end sales charge) over
a thirteen-month period with reduced sales charges applicable to the purchases,
such change to take effect on January 1, 1999.
Until now, investors could enter into a Letter of Intent only with respect
to one TCW/DW Fund at a time. Effective January 1, 1999, investors may enter
into a single Letter of Intent with respect to multiple TCW/DW Funds and obtain
the reduced sales charges with respect to all Funds that are the subject of the
Letter of Intent. Therefore, effective January 1, 1999, the disclosure in the
section of the above Statements of Additional Information entitled "PURCHASE OF
FUND SHARES -- Initial Sales Charge Alternative -- Class A Shares -- Letter of
Intent" is hereby modified to reflect the expansion of the Letter of Intent to
encompass purchases of multiple TCW/DW Funds under a single Letter of Intent.
Also effective January 1, 1999, the Trustees of each TCW/DW Fund named
above have amended the disclosure in the section of the above Statements of
Additional Information entitled "PURCHASE OF FUND SHARES -- Contingent Deferred
Sales Charge Alternative -- Class B Shares" to reflect that no Contingent
Deferred Sales Charge ("CDSC") will be imposed on redemptions of shares held by
employer-sponsored employee benefit plans, whether or not qualified under the
Internal Revenue Code, for which Morgan Stanley Dean Witter Trust FSB serves as
Trustee or Dean Witter Reynolds Inc.'s Retirement Plan Services serves as
recordkeeper pursuant to a written Recordkeeping Services Agreement (referred
to herein as "MSDW Eligible Plans"), and to modify the remaining disclosure
within that section to eliminate references to the applicability or waiver of
the CDSC in connection with redemptions by MSDW Eligible Plans. Trustees have
also amended the section of these Statements of Additional Information entitled
"THE DISTRIBUTOR -- Plan of Distribution" to provide that, with respect to
Class A shares purchased by MSDW Eligible Plans, Morgan Stanley Dean Witter
Advisors Inc. compensates Dean Witter Reynolds Inc.'s Financial Advisors by
paying them, from its own funds, a gross sales credit of 1.0% of the amount
sold, and that, with respect to Class B shares purchased by MSDW Eligible
Plans, Dean Witter Reynolds Inc. compensates its Financial Advisors by paying
them, from its own funds, a gross sales credit of 3.0% of the amount sold.
December 31, 1998
