SCUDDER GLOBAL FUND INC
497, 1997-07-01
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SCUDDER                             (logo)



Scudder Global Fund

Supplement to Prospectus
Dated November 1, 1996

Until  September 1, 1997,  the Fund's  investment  adviser,  Scudder,  Stevens &
Clark, Inc., has agreed to waive 0.05% of its investment  management fee payable
by the Fund based on the average  daily net assets of the Fund in excess of $1.5
billion.





July 1, 1997






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