SCUDDER
Scudder Global Fund
Supplement to Prospectus
Dated November 1, 1994
On September 6, 1995, the Fund's Board of Directors
approved a new Investment Management Agreement, which
reduced the management fee payable to the Adviser on
assets in excess of $1 billion. The complete fee
schedule is:
Annual Investment
Average daily net assets Management fee rate
------------------------ -------------------
First $500 million 1%
Exceeding $500 million 0.95 of 1%
Exceeding $1 billion 0.90 of 1%
The effect of this graduation is that increases in the
Fund's net assets will result in a lower annual fee
rate and decreases in the Fund's net assets will result
in a higher annual fee rate.
As of September 6, 1995, the effective date of the new
Investment Management Agreement, the Fund's net assets
were approximately $1.2 billion.
September 6, 1995 PS79-2A-95
SFD07SU2
MIS07PS
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SCUDDER
September 6, 1995
Dear Scudder Investor,
We're pleased to announce that Scudder Global
Fund's Board of Directors has voted to change the
Fund's fee schedule to help shareholders benefit from
economies of scale provided by the Fund's growth.
The prospectus supplement on the reverse side
lists the Fund's new management fee schedule. The
management fee for the portion of the Fund's assets
above $1 billion has been reduced from 0.95% to 0.90%.
The fee schedule for assets below $1 billion remains
the same. Since the Fund's current size is
approximately $1.2 billion, the overall management fee
has been reduced from 0.971% to 0.963%. If assets in
the Fund increase, the weighted management fee ratio
will decline further. For example, if the Fund grew to
$2 billion, the overall management fee would be 0.938%.
If you have any questions about these changes,
please call us at 1-800-225-2470, between 8 a.m. and 8
p.m., eastern time, Monday through Friday. We will be
happy to help you.
Sincerely,
/s/David S. Lee
David S. Lee
President, Scudder Investor Services, Inc.
This letter is for explanatory purposes and is not part
of the prospectus supplement on the reverse side.
(over, please)
