Kemper Aggressive Growth Fund
Kemper-Dreman High Return Equity Fund
Kemper Global Discovery Fund
Kemper International Fund
Kemper Technology Fund
Supplement to each Fund's currently effective
Statement of Additional Information
The following text supplements the section entitled "Purchase of Shares" or
"Purchase, Repurchase and Redemption of Shares" in each Fund's Statement of
Additional Information:
From September 25, 2000 through December 31, 2000 ("Special Offering Period"),
for the above-listed Funds, Kemper Distributors, Inc. ("KDI"), the principal
underwriter, intends to reallow to First Union the full applicable sales charge
with respect to Class A shares sold during the Special Offering Period (not
including Class A shares acquired at net asset value), and intends to pay to
First Union an additional 50 basis point (0.50%) commission with respect to
Class B and Class C shares sold during the Special Offering Period. KDI will
also provide First Union with an additional 100 basis point (1.00%) commission
for sales of Class A, Class B and Class C shares of the above-listed Funds
during the Special Offering Period greater than the current monthly rates (as
measured during the period January 1, 2000 to September 30, 2000).
November 8, 2000
