Scudder Micro Cap Fund
Supplement to Prospectus
Dated August 12, 1996
As Revised February 7, 1997
The following is inserted under the "Transaction information" section of the
Fund's prospectus:
Due to investment considerations, effective at the close of business on
September 22, 1997, Scudder Micro Cap Fund (the "Fund") will suspend the sale of
its shares to new individual investors. After the close of business on September
22, 1997, shares of the Fund will be available for purchase by existing
shareholders of the Fund. The Fund will also remain open for investment through
certain group retirement plans. Should an individual shareholder fully liquidate
his or her Scudder Micro Cap Fund account, the shareholder may not invest in the
Fund at a later date.
September 22, 1997