Scudder Greater Europe Growth Fund
Supplement to Prospectus
Dated March 1, 1998
On August 6, 1998, the Fund's Board of Directors approved a new Investment
Management Agreement, which includes a reduced management fee payable to the
Adviser on assets in excess of $1 billion. As of October 1, 1998, the complete
fee schedule for the Fund is:
Annual Investment
Average daily net assets Management fee rate
------------------------ -------------------
First $1 billion 1.00 of 1%
Exceeding $1 billion 0.90 of 1%
As of September 22, 1998, the Fund's net assets were approximately $1.1 billion.
October 1, 1998
