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Filed Pursuant to Rule 497(e)
Registration File No.: 33-59188
SUPPLEMENT TO THE PROSPECTUS
OF TCW/DW BALANCED FUND
DATED JULY 28, 1997
On November 6, 1997, the Board of Trustees of TCW/DW Balanced Fund (the
"Fund") approved an Agreement and Plan of Reorganization by and between the
Fund and Dean Witter Balanced Growth Fund ("Balanced Growth"), pursuant to
which substantially all of the assets of the Fund would be combined with
those of Balanced Growth and shareholders of the Fund would become
shareholders of Balanced Growth receiving shares of Balanced Growth equal to
the value of their holdings in the Fund (the "Reorganization"). Each
shareholder of the Fund will receive the class of shares of Balanced Growth
that corresponds to the class of shares of the Fund currently held by that
shareholder. The Reorganization is subject to the approval of shareholders of
the Fund at a special meeting of shareholders scheduled to be held on
February 26, 1998. A proxy statement formally detailing the proposal, the
reasons for the Trustees' action, and information concerning Balanced Growth
will be distributed to shareholders of the Fund.
November 6, 1997