Scudder Pacific
Opportunities Fund
Supplement to Prospectus
Dated March 1, 2000
The following information supplements the disclosure for the Scudder Pacific
Opportunities Fund in the "The Investment Adviser" section on page 15 of the
Prospectus:
As of September 1, 2000, Scudder Investments Singapore Limited, 30 Cecil Street,
Prudential Tower #24-01/02, Singapore, an affiliate of Scudder Kemper
Investments, Inc., is the sub-adviser for Scudder Pacific Opportunities Fund.
Scudder Investments Singapore Limited has served as both sub-adviser for mutual
funds and investment adviser for certain institutional accounts since September
2000.
Scudder Investments Singapore Limited renders investment advisory and management
services including services related to foreign securities, foreign currency
transactions and related investments with regard to the portion of the fund's
portfolio that is allocated to it by Scudder Kemper Investments, Inc. from
time-to-time for management. Scudder Kemper Investments, Inc. has agreed to pay
a sub-advisory fee of 0.385% of its average weekly net assets to Scudder
Investments Singapore Limited for the services provided by the sub-adviser.
September 21, 2000
