SCUDDER [LOGO]
Scudder Micro Cap Fund
Supplement to Prospectus
Dated January 1, 1998
The following replaces text contained in the section entitled "Investment
objective and policies" on page 5:
Due to investment considerations, the Fund is presently closed to new individual
investors. Current individual shareholders of the Fund are able to continue to
invest in the Fund. Further, the Fund remains open to investment through certain
retirement plans and Personal Counsel from Scudder.
July 14, 1998
