SCUDDER GROWTH AND INCOME FUND
Class R Shares
SUPPLEMENT TO THE STATEMENT OF
ADDITIONAL INFORMATION DATED AUGUST 1, 1999
--------------------------
The following supplements information found in the "Distributor" section
beginning on page 28:
SIS may in its discretion compensate investment dealers or other
financial services firms indirectly through Kemper Distributors, Inc. in
connection with the sale of Class R shares of the Fund at net asset value to:
(i) any purchaser, provided that the amount invested by the purchaser
in certain "qualifying funds" totals in the aggregate at least $1,000,000 (the
following are "Qualifying Funds," although others may be included at any time:
Class R shares of Scudder Growth and Income Fund, Class R shares of Scudder
International Fund, Class R shares of Scudder Large Company Growth Fund, Kemper
Technology Fund, Kemper Total Return Fund, Kemper Growth Fund, Kemper Small
Capitalization Equity Fund, Kemper Income and Capital Preservation Fund, Kemper
Municipal Bond Fund, Kemper Strategic Income Fund, Kemper High Yield Series,
Kemper U.S. Government Securities Fund, Kemper International Fund, Kemper State
Tax-Free Income Series, Kemper Blue Chip Fund, Kemper Global Income Fund, Kemper
Target Equity Fund, Kemper Intermediate Municipal Bond Fund, Kemper Cash
Reserves Fund, Kemper U.S. Mortgage Fund, Kemper Short-Intermediate Government
Fund, Kemper Value Series, Inc., Kemper Value Plus Growth Fund, Kemper Horizon
Fund, Kemper Europe Fund, Kemper Asian Growth Fund, Kemper Aggressive Growth
Fund, Kemper Global/International Series, Inc., Kemper Equity Trust, Kemper
Income Trust, Kemper Funds Trust, Kemper Securities Trust, Zurich Money Market
Fund, Zurich Government Money Fund, Stable Value II, and Stock Index II);
(ii) any purchaser providing a Letter of Intent (the "Letter"), which
imposes no obligation to purchase or sell additional shares, provides that the
first purchase following execution of the Letter must be at least 5% of the
amount of the intended purchase, and that 5% of the amount of the intended
purchase normally will be held in escrow in the form of shares pending
completion of the intended purchase, to invest at least $1,000,000 in Qualifying
Funds over a 24-month period; or
(iii) certain employer-sponsored retirement plans with 200 or more
eligible employees.
SIS may provide such compensation to investment dealers or other
financial services firms up to the following amounts: 1.00% of the net asset
value of shares sold on amounts of up to $5 million, 0.50% on the next $45
million and 0.25% on amounts over $50 million. The commission schedule will be
reset on a calendar year basis for sales of shares to employer-sponsored
employee benefit plans using the subaccount recordkeeping system made available
through Kemper Service Company. For purposes of determining the appropriate
commission percentage to be applied to a particular sale, SIS will consider the
cumulative amount invested by the purchaser in Qualifying Funds.
October 15, 1999
