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Filed Pursuant to Rule 497(e)
Registration File No.: 33-50907
SUPPLEMENT TO THE PROSPECTUS OF
MORGAN STANLEY DEAN WITTER GLOBAL UTILITIES FUND
DATED JUNE 26, 1998
The fifth paragraph of the section entitled "The Fund and Its Management"
in the above Prospectus is revised to reflect that, effective May 1, 1999, the
Trustees of the Fund have amended the Fund's Investment Management Agreement to
reduce the compensation received by the Investment Manager under the Agreement
for assets exceeding $1 billion, so that the compensation under the Agreement
is calculated daily by applying the following annual rates to the Fund's net
assets determined as of the close of each business day: 0.65% of the portion of
daily net assets not exceeding $500 million; 0.625% of the next $500 million;
and 0.60% of the portion of daily net assets exceeding $1 billion.
May 1, 1999
