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<PAGE> PAGE 2
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SIGNATURE THOMAS F. MCDONOUGH
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Global Fund Annual Report for the fiscal year ended June 30, 1995 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> SCUDDER GLOBAL FUND
<S> <C>
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<FISCAL-YEAR-END> JUN-30-1995
<PERIOD-START> JUL-01-1994
<PERIOD-END> JUN-30-1995
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<INVESTMENTS-AT-VALUE> 1,182,855,996
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
International Bond Fund Annual Report for the fiscal year ended June 30, 1995
and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> SCUDDER INTERNATIONAL BOND FUND
<S> <C>
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<PERIOD-END> JUN-30-1995
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<INVESTMENTS-AT-VALUE> 906,118,774
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<OTHER-ITEMS-ASSETS> 5,598,898
<TOTAL-ASSETS> 1,025,264,440
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<OTHER-ITEMS-LIABILITIES> 20,550,061
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<SENIOR-EQUITY> 0
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<SHARES-COMMON-STOCK> 79,574,801
<SHARES-COMMON-PRIOR> 102,881,085
<ACCUMULATED-NII-CURRENT> 0
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<OVERDISTRIBUTION-GAINS> 0
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<DISTRIBUTIONS-OF-GAINS> 0
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<SHARES-REINVESTED> 6,274,380
<NET-CHANGE-IN-ASSETS> (321,554,347)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (9,538,822)
<OVERDIST-NET-GAINS-PRIOR> (15,233,567)
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<PER-SHARE-GAIN-APPREC> (0.54)
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</TABLE>
COOPERS & LYBRAND
REPORT OF INDEPENDENT ACCOUNTANTS
To the Directors of Scudder Global Fund, Inc. and
Shareholders of Scudder International Bond Fund
and Scudder Global Fund:
In planning and performing our audit of the financial statements and
financial highlights of Scudder International Bond Fund and Scudder Global Fund
(the "Funds") for the year ended June 30, 1995, we considered the Funds'
internal control structures, including procedures for safeguarding securities,
in order to determine our auditing procedures for the purpose of expressing our
opinion on the Funds' financial statements and financial highlights and to
comply with the requirements of Form N-SAR, not to provide assurance on the
Funds' internal control structures.
Fund management is responsible for establishing and maintaining each
Fund's internal control structure. In fulfilling this responsibility, estimates
and judgments by management are required to assess the expected benefits and
related costs of internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are safeguarded against loss
from unauthorized use or disposition and that transactions are executed in
accordance with management's authorization and recorded properly to permit
preparation of financial statements in conformity with generally accepted
accounting principles.
Because of inherent limitations in any internal control structure,
errors or irregularities may occur and not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it may
become inadequate because of changes in conditions or that the effectiveness of
the design and operation may deteriorate.
Our consideration of the Funds' internal control structures would not
necessarily disclose all matters in the internal control structures that might
be material weaknesses under standards established by the American Institution
of Certified Public Accountants. A material weakness is a condition in which the
design or operation of the specific internal control structure elements does not
reduce to a relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial statements and
financial highlights being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned functions.
However, we noted no matters involving the Funds' internal control structures,
including procedures for safeguarding securities, that we consider to be
material weaknesses, as defined above, as of June 30, 1995.
This report is intended solely for the information and use of the
management of Scudder International Bond Fund and Scudder Global Fund and the
Securities and Exchange Commission.
/s/COOPERS & LYBRAND L.L.P.
Boston, Massachusetts COOPERS & LYBRAND L.L.P.
August 11, 1995
