Scudder, Kemper Investments, Inc.
Two International Place
Boston, MA 02110
December 2, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Money Market Portfolio, Government Securities Portfolio and Tax-Exempt
Portfolio (the "Portfolios"), each a series of Cash Equivalent Fund
(the "Fund") (Reg. No. 2-63522) (811-2899); Post-Effective Amendment
No. 27 to the Registration Statement on Form N-1A
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended,
the Fund hereby certifies that the form of Prospectus and Statement of
Additional Information that would have been filed on behalf of the Fund pursuant
to Rule 497(c) upon the effectiveness of Post-Effective Amendment No. 27 to the
Fund's Registration Statement on Form N-1A (the "Amendment") does not differ
from that contained in the Amendment, which is the most recent amendment to such
Registration Statement and was filed electronically on November 24, 1999.
Comments or questions concerning this certificate may be directed to
Gregory L. Pottle at 617-295-3033.
Very truly yours,
By: /s/ Caroline Pearson
----------------------------
Caroline Pearson
Assistant Secretary,
Cash Equivalent Fund
