Scudder Micro Cap Fund
Supplement to Prospectus
Dated January 1, 1998
The following is inserted under the "Transaction information" section of the
Fund's prospectus:
Effective October 23, 1998, Scudder Micro Cap Fund (the "Fund") is again open
to new individual investors. Due to investment considerations, it is presently
intended that the Fund will close to new individual investors when the total
assets of the Fund reach $150 million.
It is anticipated that current individual shareholders with existing accounts
of the Fund will be able to continue to invest in the Fund after it closes.
Further, the Fund will remain open to investments through qualified retirement
plans and Scudder's Personal Counsel(SM) program.
October 23, 1998
