11. What Services Does Scudder Provide?
As a shareholder, you'll enjoy:
* professional service from representatives who can answer your
questions and execute your transactions
* automated toll-free touchtone access to account information, share
prices and yields, and to perform transactions
* Scudder's quarterly shareholder newsletter, At the Helm
* regular, informative reports about the performance of your Fund
Scudder wants you to make informed investment decisions. This Fund Profile
contains key information about Scudder U.S. Treasury Money Fund. More details
appear in the Fund's accompanying prospectus. Please read it carefully before
you invest. If you have any questions, please call 1-800-225-2470.
59-9-115
Scudder
U.S. Treasury
Money Fund
Fund Profile
November 1, 1995
<PAGE>
SCUDDER U.S. TREASURY MONEY FUND
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1. What Are The Fund's Objectives?
Scudder U.S. Treasury Money Fund is a diversified money market fund that
seeks to provide safety, liquidity and stability of capital, and when
consistent with these, current income. In pursuit of its objectives the
Fund seeks to maintain a $1.00 share price.
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2. What Does The Fund Invest In?
The Fund invests in short-term securities backed by the full faith and
credit of the U.S. Government, as well as repurchase agreements fully
backed by U.S. Treasury securities.
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3. What Are The Risks Of Investing In The Fund?
The Fund seeks to eliminate principal risk. Nonetheless, the Fund's share
price is not insured or guaranteed by the U.S. Government, and there can be
no assurance that the Fund will be able to maintain a stable net asset
value of $1.00 per share. The Fund's yield may vary from day to day.
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4. For Whom Is This Fund Appropriate?
You may wish to consider this Fund if you are seeking safety of principal
as well as current income. Its objectives make the Fund an appropriate
investment for a wide range of goals and for investors with short- or
long-term financial needs.
<PAGE>
5. What Are The Fund's Expenses And Fees?
There are two kinds of expenses that a shareholder may incur, directly or
indirectly, by investing in a mutual fund. These types of expenses, as they
relate to Scudder U.S. Treasury Money Fund, are:
Shareholder transaction expenses -- Annual Fund operating expenses
fees charged directly to your account (after expense maintenance) --
for various transactions.
fees paid by the Fund before it
Sales Commission None distributes its net investment income,
Commissions to Reinvest expressed as a percentage of the
Dividends None Fund's average daily net assets.
Redemption Fee None Figures below are for the fiscal year
Exchange Fee None ended June 30, 1995, during which
Scudder maintained the total
annualized expenses of the Fund at not
more than 0.65% of average daily net
assets. Had Scudder not done so,
expenses would have amounted to 0.90%,
including 0.50% for management fees.
Scudder will continue this expense
maintenance until October 31, 1996.
Investment management fee 0.25%
12b-1 fees None
Other expenses 0.40%
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Total Fund operating expenses 0.65%
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Example: Assuming a 5% annual return One Year $ 7
and redemption at the end of each Three Years $ 21
period, the total expenses relating to Five Years $ 36
a $1,000 investment would be: Ten Years $ 81
This example assumes reinvestment of all dividends and distributions and
that the total Fund operating expenses listed above remain the same each
year. This example should not be considered a representation of past or
future expenses or return. Actual Fund expenses and return vary from year
to year and may be higher or lower than those shown. Please note that there
is a $5 service fee if you request redemption proceeds via wire.
<PAGE>
6. How Has The Fund Performed Historically?
This chart shows how the Fund has performed over the past 10 years,
assuming reinvestment of all distributions. On September 30, 1995, the
Fund's seven-day yield was 5.02%. For the Fund's current yield, call
1-800-343-2890. Performance is historical and may not be indicative of
future results.
(BAR CHART) Total Returns for years
ended December 31:
(CHART DATA)
1985 7.34
1986 5.77
1987 5.29
1988 6.30
1989 8.72
1990 7.34
1991 5.66
1992 3.36
1993 2.56
1994 3.52
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7. Who Manages The Fund?
The Fund's investment adviser is Scudder, Stevens & Clark, Inc., a leading
provider of U.S. and international investment management for clients
throughout the world.
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8. How Can I Invest?
To make it easy for you to open an account, you may invest by mail, phone,
fax, or in person. The minimum initial investment is only $1,000.
Thereafter, additional investments may be made for as little as $100. You
may also exchange shares free of charge within the Scudder Family of Funds.
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9. How Can I Redeem Shares?
You may redeem shares at the current share price on any business day by
check, telephone, fax, or mail.
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10. When Are Distributions Made?
Dividends are declared daily and distributed monthly. You may elect to
receive distributions in cash or have them reinvested in additional shares
of the Fund.
