Supplement to the currently  effective  Statement of Additional  Information for
the listed Fund:

DWS Large Cap Value Fund
--------------------------------------------------------------------------------

The following  information  supplements the disclosure in the "Management of the
Funds" section of the Fund's Statement of Additional Information:


Effective  April 25,  2007,  the  shareholders  of DWS Large Cap Value Fund (the
"Fund")  approved  a  new  investment   management  agreement  (the  "Investment
Management Agreement") with Deutsche Investment Management Americas Inc. ("DIMA"
or "Advisor"),  the Fund's advisor.  Under the Investment  Management Agreement,
DIMA  provides  portfolio  management  and  related  services.  Under a separate
administrative  services agreement DIMA provides  administrative services to the
Fund.  Although  the  management  services and  administrative  services are now
provided  to the Fund under  separate  agreements,  no change is expected to the
aggregate  fees paid to DIMA. The  Investment  Management  Agreement will remain
effective  through  September  30, 2008,  and it will continue from year to year
thereafter  only if its  continuance is each approved  annually by the vote of a
majority of those Directors who are not parties to such Agreements or interested
persons of the Advisor or the  Corporation,  cast in person at a meeting  called
for  the  purpose  of  voting  on such  approval,  and  either  by a vote of the
Corporation's Directors or of a majority of the outstanding voting securities of
a Fund.  The Board of  Directors,  including  a majority  of the  non-interested
Directors  most  recently  approved  the  Investment   Management  Agreement  on
September  19, 2007.  The  advisory fee rates are payable  monthly at the annual
rate shown below.

     Average Daily Net Assets                     DWS Large Cap Value Fund
     ------------------------                     ------------------------
     $0 - $1.5 billion                                       0.425%
     Over $1.5 billion - $2 billion                          0.400%
     Over $2 billion - $3 billion                            0.375%
     Over $3 billion - $4 billion                            0.350%
     Over $4 billion - $5 billion                            0.325%
     Over $5 billion                                         0.300%



Administrator. Effective April 25, 2007, the Fund entered into an administrative
services agreement with the Advisor (the "Administrative  Services  Agreement"),
pursuant  to which the  Advisor  provides  administrative  services  to the Fund
including, among others, providing the Fund with personnel, preparing and making
required  filings on behalf of the Fund,  maintaining  books and records for the
Fund, and monitoring the valuation of Fund securities. For all services provided
under the Administrative  Services  Agreement,  the Fund pays the Advisor a fee,
computed  daily and paid  monthly,  of 0.100% of the  Fund's  average  daily net
assets.

Under the  Administrative  Services  Agreement,  the Advisor is  obligated  on a
continuous  basis to provide  such  administrative  services as the Board of the
Fund reasonably deems necessary for the proper  administration  of the Fund. The
Advisor  provides  the Fund with  personnel;  arranges for the  preparation  and
filing of the Fund's tax  returns;  prepares  and  submits  reports  and meeting
materials to the Board and the  shareholders;  prepares and files updates to the
Fund's  prospectus  and  statement of  additional  information  as well as other
reports required to be filed by the SEC; maintains the Fund's records;  provides
the Fund with office space, equipment and services;  supervises,  negotiates the
contracts of and monitors the performance of third parties contractors; oversees
the  tabulation of proxies;  monitors the valuation of portfolio  securities and
monitors  compliance  with  Board-approved  valuation  procedures;   assists  in
establishing  the  accounting  and tax  policies  of the  Fund;  assists  in the
resolution  of  accounting  issues  that may  arise  with  respect  to the Fund;
establishes  and  monitors the Fund's  operating  expense  budgets;  reviews and
processes the Fund's bills;  assists in determining  the amount of dividends and
distributions  available to be paid by the Fund,  prepares and arranges dividend
notifications  and provides  information to agents to effect  payments  thereof;
provides to the Board periodic and special  reports;  provides  assistance  with
investor and public relations  matters;  and monitors the registration of shares
under  applicable  federal and state law. The Advisor also performs certain fund
accounting   services  under  the   Administrative   Services

<PAGE>

Agreement.  The Administrative Services Agreement provides that the Advisor will
not be liable under the  Administrative  Services  Agreement  except for willful
misfeasance,  bad faith or negligence in the  performance  of its duties or from
the reckless disregard by it of its duties and obligations thereunder.


Subadvisor to DWS Large Cap Value Fund

Effective April 25, 2007, the shareholders approved a new sub-advisory agreement
(the "Sub-Advisory Agreement") between Deutsche Asset Management International
GmbH ("DeAMi" or "Sub-Advisor") and DIMA. The terms of the Sub-Advisory
Agreement are identical to the terms of the prior agreement, except for the
period of effectiveness. The Sub-Advisory Agreement will remain effective until
September 30, 2008, and will continue from year to year thereafter, but only as
long as such continuance is specifically approved at least annually (a) by a
majority of the Directors of the Corporation who are not parties to such
agreement or interested persons of any such party except in their capacity as
Directors of the Corporation, and (b) by the shareholders or the Board of
Directors of the Corporation. The Board of Directors, including a majority of
the non-interested Directors last approved the Sub-Advisory Agreement on
September 19, 2007.




               Please Retain this Supplement for Future Reference


November 16, 2007