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Managed Government Securities Fund Managed Cash Fund Supplement to Prospectus Dated May 1, 1996 The Company's investment manager, Scudder, Stevens & Clark, Inc. (the "Adviser"), has agreed to continue to maintain the total annualized expenses of the Managed Government Securities Fund and the Managed Cash Fund at not more than 0.55% of average daily net assets of each Fund until April 30, 1997. January 20, 1997
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