<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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015 A000201 BROWN BROTHERS HARRIMAN & CO.
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<PAGE> PAGE 14
015 A000207 CANADIAN IMPERIAL BANK OF COMMERCE
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<PAGE> PAGE 15
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<PAGE> PAGE 16
015 C010227 AUCKLAND
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<PAGE> PAGE 17
015 D010237 SRI LANKA
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<PAGE> PAGE 18
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028 C040200 32485
028 D010200 4105
028 D020200 1136
028 D030200 0
028 D040200 35851
028 E010200 3927
028 E020200 1124
028 E030200 0
028 E040200 27808
028 F010200 6833
028 F020200 1114
028 F030200 0
028 F040200 37759
028 G010200 26461
028 G020200 7446
028 G030200 0
028 G040200 196072
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 1000000
048 A020200 0.850
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
<PAGE> PAGE 19
048 J020200 0.000
048 K010200 1000000
048 K020200 0.800
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
058 A000200 N
059 000200 Y
060 A000200 N
060 B000200 N
061 000200 1000
062 A000200 Y
062 B000200 0.1
062 C000200 0.0
062 D000200 0.2
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.1
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 99.6
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 5.7
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 Y
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
<PAGE> PAGE 20
070 E020200 Y
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 Y
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 711089
071 B000200 873122
071 C000200 422742
071 D000200 336
072 A000200 6
072 B000200 14699
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 1904
072 G000200 0
072 H000200 0
072 I000200 550
072 J000200 309
072 K000200 0
072 L000200 62
072 M000200 18
072 N000200 12
072 O000200 0
072 P000200 7
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072 R000200 54
072 S000200 15
072 T000200 0
<PAGE> PAGE 21
072 U000200 0
072 V000200 0
072 W000200 38
072 X000200 2969
072 Y000200 0
072 Z000200 11730
072AA000200 2084
072BB000200 0
072CC010200 7425
072CC020200 0
072DD010200 11730
072DD020200 0
072EE000200 0
073 A010200 0.2944
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 1
074 B000200 630
074 C000200 0
074 D000200 352865
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074 F000200 0
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074 I000200 701
074 J000200 0
074 K000200 0
074 L000200 11872
074 M000200 723
074 N000200 366791
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074 R020200 0
074 R030200 140
074 R040200 3581
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074 T000200 362786
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<PAGE> PAGE 22
SIGNATURE THOMAS F. MCDONOUGH
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from the Scudder Global Fund Semiannual
Report for the six month period ended December 31, 1996
and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> SCUDDER GLOBAL FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 1,035,912,694
<INVESTMENTS-AT-VALUE> 1,397,824,926
<RECEIVABLES> 20,040,496
<ASSETS-OTHER> 4,024,804
<OTHER-ITEMS-ASSETS> 2,629,881
<TOTAL-ASSETS> 1,424,520,106
<PAYABLE-FOR-SECURITIES> 11,116,304
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,477,442
<TOTAL-LIABILITIES> 15,593,746
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,036,134,485
<SHARES-COMMON-STOCK> 48,919,596
<SHARES-COMMON-PRIOR> 47,606,518
<ACCUMULATED-NII-CURRENT> (3,429,891)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,710,383
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 364,511,384
<NET-ASSETS> 1,408,926,361
<DIVIDEND-INCOME> 7,916,049
<INTEREST-INCOME> 1,978,448
<OTHER-INCOME> 0
<EXPENSES-NET> 9,233,222
<NET-INVESTMENT-INCOME> 661,275
<REALIZED-GAINS-CURRENT> 30,972,981
<APPREC-INCREASE-CURRENT> 59,242,498
<NET-CHANGE-FROM-OPS> 90,876,754
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13,198,024)
<DISTRIBUTIONS-OF-GAINS> (72,385,950)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,112,435
<NUMBER-OF-SHARES-REDEEMED> (5,704,476)
<SHARES-REINVESTED> 2,905,119
<NET-CHANGE-IN-ASSETS> 41,211,675
<ACCUMULATED-NII-PRIOR> 9,106,858
<ACCUMULATED-GAINS-PRIOR> 53,123,352
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6,567,663
<INTEREST-EXPENSE> 389
<GROSS-EXPENSE> 9,233,222
<AVERAGE-NET-ASSETS> 1,364,332,454
<PER-SHARE-NAV-BEGIN> 28.73
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 3.72
<PER-SHARE-DIVIDEND> 0.28
<PER-SHARE-DISTRIBUTIONS> 0.48
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 28.80
<EXPENSE-RATIO> 1.34
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from the Scudder International Bond Fund
Semiannual Report for the six month period ended
December 31, 1996 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> SCUDDER INTERNATIONAL BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1997
<PERIOD-START> JUL-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 353,698,334
<INVESTMENTS-AT-VALUE> 354,195,349
<RECEIVABLES> 11,872,342
<ASSETS-OTHER> 394,942
<OTHER-ITEMS-ASSETS> 328,985
<TOTAL-ASSETS> 366,791,618
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,004,847
<TOTAL-LIABILITIES> 4,004,847
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 446,255,423
<SHARES-COMMON-STOCK> 32,391,260
<SHARES-COMMON-PRIOR> 46,922,766
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (84,163,955)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 695,303
<NET-ASSETS> 362,786,771
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 14,699,912
<OTHER-INCOME> 0
<EXPENSES-NET> 2,970,254
<NET-INVESTMENT-INCOME> 11,729,658
<REALIZED-GAINS-CURRENT> 2,083,817
<APPREC-INCREASE-CURRENT> 7,425,299
<NET-CHANGE-FROM-OPS> 21,238,774
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11,729,658)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,364,982
<NUMBER-OF-SHARES-REDEEMED> (17,561,541)
<SHARES-REINVESTED> 665,053
<NET-CHANGE-IN-ASSETS> (152,655,567)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (86,247,772)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,903,592
<INTEREST-EXPENSE> 7,339
<GROSS-EXPENSE> 2,790,254
<AVERAGE-NET-ASSETS> 444,216,404
<PER-SHARE-NAV-BEGIN> 10.98
<PER-SHARE-NII> 0.29
<PER-SHARE-GAIN-APPREC> 0.22
<PER-SHARE-DIVIDEND> 0.29
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.20
<EXPENSE-RATIO> 1.33
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
