SCUDDER
Scudder Growth and
Income Fund
Supplement to Prospectus
Dated March 1, 1999
The following replaces the listing of portfolio managers under "Portfolio
management" on pages 6 and 7 of the fund's prospectus:
Joined
Name the Responsibilities
and Title Fund and Background
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Kathleen T. 1991 Ms. Millard joined the Adviser in 1991 as a
Millard portfolio manager. Ms. Millard has 16 years
Lead of investment industry experience as a
Manager portfolio manager specializing in value
portfolios. She began her investment career
in 1983.
Benjamin W. 1996 Mr. Thorndike joined the Adviser in 1983 as
Thorndike a portfolio manager and began his investment
Manager career in 1980.
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October 20, 1999