August 21, 1995
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Rule 24f-2 Notice for Scudder Global Fund, a series of
Scudder Global Fund, Inc. (Securities Act Registration Statement
File No. 33-5724) for Fiscal Year Ended June 30, 1995
Dear Sir/Madam:
In accordance with the provisions of Rule 24f-2, Scudder Global Fund (the
"Fund"), a series of Scudder Global Fund, Inc. (the "Corporation") hereby files
its Rule 24f-2 Notice for the fiscal year ended June 30, 1995.
a) No shares of capital stock of the Fund were registered under the Securities
Act of 1933 (other than pursuant to Rule 24f-2) and remained unsold at the
beginning of the fiscal year.
b) No shares of capital stock of the Fund were registered during the year
other than pursuant to Rule 24f-2.
c) 12,199,342 shares of capital stock of the Fund were sold during the
fiscal year.
d) 12,199,342 shares of capital stock of the Fund were sold during the
fiscal year in reliance upon the Corporation's declaration in its
registration statement which became effective July 31, 1986, of the
registration of an indefinite amount of securities under Rule 24f-2.
Attached to the Rule 24f-2 Notice, and made a part hereof, is an
opinion of counsel indicating that the securities, the registration of
which the notice makes definite in number, were legally issued, fully
paid and non-assessable.
In accordance with subsection (c) of Rule 24f-2, no fee is required since
the actual aggregate sale price for which such securities were sold during the
fiscal year was reduced by the difference between:
1) The actual aggregate redemption price of the shares redeemed
by the Fund during the fiscal year, and
2) The actual aggregate redemption price of such redeemed shares
previously applied by the Fund pursuant to Rule 24e-2(a) in filings
made pursuant to section 24(e)(1) of the Investment Company Act of
1940.
<PAGE>
Aggregate Sale Price For All Shares Sold $294,309,148
During Fiscal Year Pursuant to Rule 24f-2
Reduced by the Difference Between
1) Aggregate Redemption Price of Shares $316,718,412
Redeemed during the Fiscal Year
and,
2) Aggregate Redemption Price of Redeemed -0- $316,718,412
Shares Previously Applied by Fund Pursuant ------ ------------
to Rule 24e-2(a) in Filings made pursuant to
Section 24(e)(1) of Investment Company Act
of 1940
$(22,409,264)
=============
Any questions regarding the matter should be addressed to me at Scudder,
Stevens & Clark, Inc., Two International Place, Boston, MA 02110-4103.
Very truly yours,
/s/Thomas F. McDonough
Thomas F. McDonough
Secretary
2
<PAGE>
August 21, 1995
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Rule 24f-2 Notice for Scudder International Bond Fund, a
series of Scudder Global Fund, Inc. (Securities Act Registration
Statement File No. 33-5724) for Fiscal Year Ended June 30, 1995
Dear Sir/Madam:
In accordance with the provisions of Rule 24f-2, Scudder International Bond
Fund (the "Fund"), a series of Scudder Global Fund, Inc. (the "Corporation")
hereby files its Rule 24f-2 Notice for the fiscal year ended June 30, 1995.
a) No shares of capital stock of the Fund were registered under the Securities
Act of 1933 (other than pursuant to Rule 24f-2) and remained unsold at the
beginning of the fiscal year.
b) No shares of capital stock of the Fund were registered during the year
other than pursuant to Rule 24f-2.
c) 27,314,845 shares of capital stock of the Fund were sold during the
fiscal year.
d) 27,314,845 shares of capital stock of the Fund were sold during the
fiscal year in reliance upon the Corporation's declaration in its
registration statement which became effective July 31, 1986, of the
registration of an indefinite amount of securities under Rule 24f-2.
Attached to the Rule 24f-2 Notice, and made a part hereof, is an
opinion of counsel indicating that the securities, the registration of
which the notice makes definite in number, were legally issued, fully
paid and non-assessable.
In accordance with subsection (c) of Rule 24f-2, no fee is required since
the actual aggregate sale price for which such securities were sold during the
fiscal year was reduced by the difference between:
1) The actual aggregate redemption price of the shares redeemed
by the Fund during the fiscal year, and
2) The actual aggregate redemption price of such redeemed shares
previously applied by the Fund pursuant to Rule 24e-2(a) in filings
made pursuant to section 24(e)(1) of the Investment Company Act of
1940.
<PAGE>
Aggregate Sale Price For All Shares Sold $318,060,128
During Fiscal Year Pursuant to Rule 24f-2
Reduced by the Difference Between
1) Aggregate Redemption Price of Shares $653,886,791
Redeemed During the Fiscal Year
and,
2) Aggregate Redemption Price of Redeemed -0- $653,886,791
Shares Previously Applied by Fund Pursuant ------ ------------
to Rule 24e-2(a) in Filings Made Pursuant to
Section 24(e)(1) of Investment Company Act
of 1940
$(335,826,663)
==============
Any questions regarding the matter should be addressed to me at Scudder,
Stevens & Clark, Inc., Two International Place, Boston, MA 02110-4103.
Very truly yours,
/s/Thomas F. McDonough
Thomas F. McDonough
Secretary
2
OBER, KALER, GRIMES & SHRIVER
A PROFESSIONAL CORPORATION
ATTORNEYS AT LAW
120 East Baltimore Street
Baltimore, Maryland 21202-1643
(410) 685-1120
August 18, 1995
Scudder Global Fund, Inc.
345 Park Avenue
New York, New York 10154
Gentlemen:
Scudder Global Fund, Inc. ("Scudder") is a corporation organized under
the laws of the State of Maryland on May 15, 1986, having its principal place of
business in New York, New York.
We understand that, pursuant to Rule 24f-2 under the Investment Company
Act of 1940, Scudder registered an indefinite number of shares of its capital
stock, effective July 31, 1986.
We further understand that, pursuant to the provisions of Rule 24f-2,
you are about to file with the Securities and Exchange Commission a notice
making definite registration of 12,199,342 shares of capital stock of Scudder's
Global Fund Series (the "Shares") sold in reliance upon Rule 24f-2 during the
fiscal year ended June 30, 1994.
We have examined original or copies, certified or otherwise identified
to our satisfaction, of the Charter, By-Laws as amended, and records of
corporate proceedings of Scudder, and such affidavits and advice from officers
of Scudder or from public officials, as we have deemed necessary or appropriate
for the purpose of this opinion.
We are of the opinion that all of the Shares were legally and validly
issued, and are fully paid and non-assessable. The opinion expressed in the
preceding sentence is based upon the assumptions that the consideration received
by Scudder for each such Share was in cash and in an amount not less than $0.01
per Share and that the per share consideration equaled the reported net asset
value per share of Scudder's Global Fund Series, determined in accordance with
the Charter, Bylaws and policies of the Board of Directors of Scudder. We also
assume that all Shares issued prior to July 1, 1994 and sold out of the Treasury
of Scudder during the fiscal year ended June 30, 1995 were duly authorized and
legally and validly issued.
We express no opinion as to compliance with the Securities Act of 1933,
the Investment Company Act of 1940 or the securities laws of any state with
respect to the issuance of the Shares.
We consent to your filing this opinion with the Securities and Exchange
Commission in connection with the Rule 24f-2 Notice which you are about to file
pursuant to the Investment Company Act of 1940.
Sincerely,
/s/Ober, Kaler,Grimes & Shriver
A Professional Corporation
GWW\TSS
OBER, KALER, GRIMES & SHRIVER
A PROFESSIONAL CORPORATION
ATTORNEYS AT LAW
120 East Baltimore Street
Baltimore, Maryland 21202-1643
(410) 685-1120
August 18, 1995
Scudder Global Fund, Inc.
345 Park Avenue
New York, New York 10154
Gentlemen:
Scudder Global Fund, Inc. ("Scudder") is a corporation organized under
the laws of the State of Maryland on May 15, 1986, having its principal place of
business in New York, New York.
We understand that, pursuant to Rule 24f-2 under the Investment Company
Act of 1940, Scudder registered an indefinite number of shares of its capital
stock, effective July 31, 1986.
We further understand that, pursuant to the provisions of Rule 24f-2,
you are about to file with the Securities and Exchange Commission a notice
making definite registration of 27,314,845 shares of capital stock of Scudder's
International Bond Fund Series (the "Shares") sold in reliance upon Rule 24f-2
during the fiscal year ended June 30, 1995.
We have examined original or copies, certified or otherwise identified
to our satisfaction, of the Charter, By-Laws as amended, and records of
corporate proceedings of Scudder, and such affidavits and advice from officers
of Scudder or from public officials, as we have deemed necessary or appropriate
for the purpose of this opinion.
We are of the opinion that all of the Shares were legally and validly
issued, and are fully paid and non-assessable. The opinion expressed in the
preceding sentence is based upon the assumptions that the consideration received
by Scudder for each such Share was in cash and in an amount not less than the
net asset value per share of Scudder's International Bond Fund Series,
determined in accordance with the Charter, Bylaws and policies of the Board of
Directors of Scudder. Further, we have assumed that at all times the net asset
value per share of Scudder's International Bond Fund Series was not less than
$0.01. We also assume that all Shares issued prior to July 1, 1994 and sold out
of the Treasury of Scudder during the fiscal year ended June 30, 1995 were duly
authorized and legally and validly issued.
We express no opinion as to compliance with the Securities Act of 1933,
the Investment Company Act of 1940 or the securities laws of any state with
respect to the issuance of the Shares.
We consent to your filing this opinion with the Securities and Exchange
Commission in connection with the Rule 24f-2 Notice which you are about to file
pursuant to the Investment Company Act of 1940.
Sincerely,
/s/Ober, Kaler, Grimes & Shriver
A Professional Corporation
GWW\TSS
