SCUDDER GLOBAL FUND INC
24F-2NT, 1997-08-29
Previous: SCUDDER GLOBAL FUND INC, N-30D, 1997-08-29
Next: KIEWIT PETER SONS INC, S-4, 1997-08-29





                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2

<TABLE>
- ---------------------------------------------------------------------------------------------------------------------
<S>                                         <C>
1.   Name and address of issuer:
                                              Scudder Global Fund, Inc.
                                              -----------------------------------------------------------------------
                                              345 Park Avenue
                                              -----------------------------------------------------------------------
                                              New York, NY  10154
                                              -----------------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------------------

2.   Name of each series or class of funds for which this notice is filed:
                                              Scudder Global Fund
                                              -----------------------------------------------------------------------
                                              Scudder International Bond Fund
                                              -----------------------------------------------------------------------
                                              -----------------------------------------------------------------------

                                              -----------------------------------------------------------------------


- ---------------------------------------------------------------------------------------------------------------------

3.   Investment Company Act File Number:
                                                    811-4670
                                                    -----------------------------------------------------------------

     Securities Act File Number:
                                                    33-5724
                                                    -----------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------------------

4.   Last day of fiscal year for which this notice is filed:
                                                    June 30, 1997
                                                    -----------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------------------

5.   Check box if this notice is being filed more than 180 days after the close of the issuer's fiscal year for
     purposes of reporting securities sold after the close of the fiscal year but before termination of the
     issuer's 24f-2 declaration:
                                                                                                               [   ]

- ---------------------------------------------------------------------------------------------------------------------

6.   Date of termination of issuer's declaration under Rule 24f-2(a)(1), if applicable (see
     Instruction A.6):
                                                                                                   ------------------

- ---------------------------------------------------------------------------------------------------------------------

7.   Number and amount of securities of the same class or series which had been registered under the Securities Act
     of 1933 other than pursuant to Rule 24f-2 in a prior fiscal year, but which remained unsold at the beginning
     of the fiscal year:

                                           Number:  29,606,125
                                                    -----------------------------------------------------------------
                                           Amount:  $340,174,376
                                                    -----------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------------------

8.   Number and amount of securities registered during the fiscal year other than pursuant to Rule 24f-2:

                                           Number:  32,678,067
                                                    -----------------------------------------------------------------
                                           Amount:  $364,033,666
                                                    -----------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------------------

9.   Number and aggregate sale price of securities sold during the fiscal year:

                                           Number:  14,605,358
                                                    -----------------------------------------------------------------
                             Aggregate Sale Price:  $340,394,169
                                                    -----------------------------------------------------------------
<PAGE>

- ---------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------

10.  Number and aggregate sale price of securities sold during the fiscal year in reliance upon registration
     pursuant to Rule 24f-2:
                                           Number:  14,605,358
                                                    -----------------------------------------------------------------
                             Aggregate Sale Price:  $340,394,169
                                                    -----------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------------------

11.  Number and aggregate sale price of securities issued during the fiscal year in connection with dividend
     reinvestment plans, if applicable (see Instruction B.7):
                                           Number:  4,111,123
                                                    -----------------------------------------------------------------
                             Aggregate Sale Price:  $93,922,162
                                                    -----------------------------------------------------------------

- ---------------------------------------------------------------------------------------------------------------------

12.  Calculation of registration fee:

     (i)      Aggregate sale price of securities sold during the
              fiscal year in reliance on Rule 24f-2 (from Item 10):        $340,394,169
                                                                           ------------------------------------------

     (ii)     Aggregate price of shares issued in connection with
              dividend reinvestment plans (from Item 11, if                +$93,922,162
              applicable):
                                                                           ------------------------------------------

     (iii)    Aggregate price of shares redeemed or repurchased
              during the fiscal year (if applicable):                      -$434,316,331
                                                                           ------------------------------------------

     (iv)     Aggregate price of shares redeemed or repurchased and
              previously applied as a reduction to filing fees
              pursuant to Rule 24e-2 (if applicable):                      +0
                                                                           ------------------------------------------

     (v)      Net aggregate price of securities sold and issued
              during the fiscal year in reliance on Rule 24f-2
              (line (i), plus line (ii), less line (iii), plus line        $0
              (iv)) (if applicable):
                                                                           ------------------------------------------

     (vi)     Multiplier prescribed by Section 6(b) of the
              Securities Act of 1933 or other applicable law or
              regulation (see Instruction C.6):                            x1/3300
                                                                           ------------------------------------------

     (vii)    Fee due (line (i) or line (v) multiplied by line             $0
              (vi)):
                                                                           ==========================================

Instruction:  Issuers should complete lines (ii), (iii), (iv), and (v) only if the form is being filed within 60
              days after the close of the issuer's fiscal year.  See Instruction C.3.

- ---------------------------------------------------------------------------------------------------------------------

13.  Check box if fees are being remitted to the Commission's lockbox depository as described in
     section 3a of the Commission's Rules of Informal and Other Procedures (17 CFR 202.3a).                   [   ]

     Date of mailing or wire transfer of filing fees to the Commission's lockbox
     depository:
                                                                                         ----------------------------

- ---------------------------------------------------------------------------------------------------------------------

                                                     SIGNATURES

     This report has been signed below by the following persons on behalf of the issuer and in the capacities and
     on the dates indicated.

     By (Signature and Title)*:               /s/Thomas F. McDonough
                                              -----------------------------------------------------------------------
                                              Thomas F. McDonough, Secretary

     Date:               August 29, 1997
                -----------------------------------

                    *Please print the name and title of the signing officer below the signature.
- ---------------------------------------------------------------------------------------------------------------------
                                       2

</TABLE>




OBER/KALER
A Professional Corporation

Ober, Kaler, Grimes & Shriver
Attorneys at Law

120 East Baltimore Street
Baltimore, Maryland 21202-1643
410-685-1120 FAX 410-547-0699

                                         August 29, 1997

Scudder Global Fund, Inc.
345 Park Avenue
New York, New York 10154

Ladies and 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 14,605,358 shares of capital stock of Scudder's
Global Fund Series and Scudder's International Bond Fund Series (collectively,
the "Shares") sold in reliance upon Rule 24f-2 during the fiscal year ended June
30, 1997.

         We have made such legal and factual investigations as we have deemed
necessary for purposes of this opinion. In our investigation, we have assumed
the genuineness of all signatures, the proper execution of all documents
submitted to us as originals, the conformity to the original documents of all
documents submitted to us as copies and the authenticity of the originals of
such copies.


<PAGE>

Scudder Global Fund, Inc.
August 29, 1997
Page 2



         In rendering the opinions set forth below, we have examined originals
or copies, certified or otherwise identified to our satisfaction, of the
Charter, By-Laws, as amended, and certain records of corporate proceedings of
Scudder, and such additional documents, and we have obtained such other
certificates, affidavits and advices 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 or Scudder's International Bond
Fund Series, as the case may be, determined in accordance with the Charter,
By-laws, as amended, and resolutions and policies of the Board of Directors, and
that all of such Shares were issued on the basis set forth in Scudder's
registration statement filed with the Securities and Exchange Commission
relating to the Shares.

         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



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission