SCUDDER
INVESTMENTS
Scudder Select 500 Fund
Scudder Select 1000 Growth
Fund
Supplement to Prospectus
Dated March 31, 1999
The distributor of Scudder Select 500 Fund and Scudder Select 1000 Growth Fund
(each a "Fund" or collectively the "Funds"), Scudder Investor Services, Inc., is
soliciting subscriptions for shares of the Funds during an initial offering
period currently scheduled from March 31, 1999 to May 17, 1999, (the
"Subscription Period"). The subscription price will be each Fund's initial net
asset value of $12 per share. Orders to purchase shares of a Fund received
during the Subscription Period will be accepted when the Funds commence
operations. Checks accompanying orders must be received in good order during the
Subscription Period and will be held uninvested until 4:00 p.m. on May 17, 1999.
March 31, 1999
