SCUDDER
Scudder Global Bond Fund
Scudder International Bond Fund
Supplement to Prospectus
Dated March 1, 1999
The following text replaces the chart describing the funds' portfolio management
teams in the "Portfolio management" section on page 18 of the funds' prospectus:
Joined
Name and Title the Fund Responsibilities and Background
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Jan Faller 1999 Joined the Adviser in 1999 as a
Lead Manager -- Global portfolio manager. Prior to joining the
Bond Fund and Adviser, Mr. Faller was part of the
International Bond Fund global fixed income portfolio
management team at an unaffiliated
investment management company. Mr.
Faller began his investment career in
1988.
Jeremy L. Ragus 1999 Joined the Adviser in 1990 as a
Manager -- portfolio manager. Prior to joining the
Global Bond Fund and Adviser, Mr. Ragus was a vice president
International Bond Fund of a municipal bond department for an
unaffiliated investment management
company.
Susan E. Dahl 1994 Joined the Adviser in 1987 as head of
Lead Manager -- Emerging fixed income trading. Ms. Dahl is the
Markets Income Fund Capital Markets Strategist and a Senior
Portfolio Manager for the Emerging
Markets Bond Group. She began her
investment career in 1987.
M. Isabel Saltzman 1998 Joined the Adviser in 1990 as a
Manager -- portfolio manager. Ms. Saltzman is the
Emerging Markets Income Product Leader and a Senior Portfolio
Fund Manager for the Emerging Markets Bond
Group. She began her investment career
in 1981.
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July 9, 1999