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

DWS Europe Equity Fund
--------------------------------------------------------------------------------


The following  information  replaces the relevant portions of the "Management of
the Fund" section of the above mentioned Fund's current Statements of Additional
Information.

Fund Ownership of Portfolio Managers:

The following table shows the dollar range of shares owned  beneficially  and of
record by each member of the Fund's  portfolio  management  team in the Fund, as
well as in all DWS Funds as a group  (i.e.,  those funds  advised by DeAM or its
affiliates), including investments by their immediate family members sharing the
same household and amounts invested through retirement and deferred compensation
plans. This information is provided as of August 31, 2007 for Joseph Axtell.

<TABLE>
<CAPTION>


                              Name of               Dollar Range of         Dollar Range of All
Name of Fund               Portfolio Manager     Portfolio Shares Owned    DWS Fund Shares Owned
------------               -----------------     ----------------------    ---------------------
<S>                           <C>                       <C>                          <C>
DWS Europe Equity Fund       Joseph Axtell            $1 - $10,000          $100,001 - $500,000
</TABLE>

Conflicts of Interest:

In addition to managing the assets of the Fund,  the Fund's  portfolio  managers
may have responsibility for managing other client accounts of the Advisor or its
affiliates.  The tables below show, for each portfolio  manager,  the number and
asset size of (1) SEC registered  investment companies (or series thereof) other
than the Fund, (2) pooled investment vehicles that are not registered investment
companies and (3) other  accounts  (e.g.,  accounts  managed for  individuals or
organizations)  managed by each  portfolio  manager.  The  tables  also show the
number of  performance  based fee  accounts,  as well as the total assets of the
accounts for which the advisory fee is based on the  performance of the account.
This information is provided as of August 31, 2007 for Joseph Axtell.

Other SEC Registered Investment Companies Managed:

<TABLE>
<CAPTION>

                                                                                            Number of
                                                                                            Investment
                                                        Number of      Total Assets of       Company        Total Assets of
                                                        Registered       Registered       Accounts with       Performance-
                                 Name of Portfolio      Investment       Investment        Performance-        Based Fee
Name of Fund                          Manager           Companies         Companies         Based Fee           Accounts
------------                          -------           ---------         ---------         ---------           --------

<S>                               <C>                      <C>              <C>               <C>                 <C>
DWS Europe Equity Fund           Joseph Axtell              8          $4,393,865,875           0                 $0






<PAGE>



Other Pooled Investment Vehicles Managed:

                                                                                            Number of
                                                                                              Pooled
                                                                                            Investment        Total Assets
                                                        Number of      Total Assets of       Vehicle               of
                                                          Pooled           Pooled         Accounts with       Performance-
                                 Name of Portfolio      Investment       Investment        Performance-        Based Fee
Name of Fund                          Manager            Vehicles         Vehicles          Based Fee           Accounts
------------                          -------            --------         --------          ---------           --------

DWS Europe Equity Fund           Joseph Axtell              0               $0                  0                 $0

Other Accounts Managed:

                                                                                            Number of
                                                                                              Other         Total Assets of
                                                        Number of                         Accounts with       Performance-
                                 Name of Portfolio        Other        Total Assets of     Performance-        Based Fee
Name of Fund                          Manager            Accounts      Other Accounts       Based Fee           Accounts
------------                          -------            --------      --------------       ---------           --------

DWS Europe Equity Fund           Joseph Axtell              2          $100,828,135             0                 $0
</TABLE>



               Please Retain This Supplement for Future Reference

October 18, 2007