SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES

                                -----------------

                          DWS Lifecycle Long Range Fund


The following information replaces similar disclosure under "The Fund's Main
Investment Strategy" section of the fund's prospectuses:

iGAP Strategy. In addition to the fund's main investment strategy, the Advisor
seeks to enhance returns by employing a global tactical asset allocation overlay
strategy. This strategy, which the Advisor calls iGAP (integrated Global Alpha
Platform), attempts to take advantage of mispricings within global bond, equity
and currency markets. The iGAP strategy is implemented through the use of
derivatives, which are contracts or other instruments whose value is based on,
for example, indices, currencies or securities. The iGAP strategy primarily uses
exchange-traded futures contracts on global bonds and equity indexes, and
over-the-counter forward currency contracts.

The following limits apply to investments in derivatives as part of the iGAP
strategy only:

The fund may invest up to 25% of its total assets in forward currency contracts
on any of the markets comprising the MSCI Developed Markets List (the "MSCI
List") against the US Dollar. The MSCI List is currently comprised of the
following markets: Australia, Austria, Belgium, Canada, Denmark, Finland,
France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New
Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, United Kingdom
and United States of America.

The fund may invest up to 10% of its total assets in short positions of non-US
equity futures and 10% of its total assets in short positions of non-US fixed
income futures of any of the markets which comprise the MSCI List.

The fund may invest up to 25% of its total assets in short positions of US
equity futures and 25% of its total asset in short positions of US fixed income
futures, provided that the fund also invests at least the same





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                                                           Deutsche Bank Group

September 15, 2009
DLLRF-3604

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amount in long positions in US equity and US fixed income futures and/or
underlying securities.

The fund may invest up to 25% of its total assets in US and non-US futures
contracts on a net basis.

Derivatives and Other Investments. In addition to derivatives utilized within
the iGAP strategy, portfolio management may, but is not required to, also use
various types of derivatives. Derivatives may be used for hedging and for risk
management or non-hedging purposes to enhance potential gains. The fund may use
derivatives in circumstances where portfolio management believes they offer a
more efficient or economical means of gaining exposure to a particular asset
class or market or to maintain a high level of liquidity to meet shareholder
redemptions or other needs while maintaining exposure to the market. In
particular, portfolio management may use futures, options, forward currency
transactions and swaps.





               Please Retain This Supplement for Future Reference






September 15, 2009
DLLRF-3604



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