<PAGE> PAGE 1
000 A000000 04/30/1999
000 C000000 088064
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 INVESTMENT TRUST
001 B000000 811-43
001 C000000 6172952559
002 A000000 TWO INTERNATIONAL PLACE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
002 D020000 4103
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 8
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C020400 SCUDDER LARGE COMPANY GROWTH FUND
007 C030400 N
007 C010500 5
007 C020500 SCUDDER TAX MANAGED GROWTH FUND
007 C030500 N
007 C010600 6
007 C020600 SCUDDER TAX MANAGED SMALL COMPANY FUND
007 C030600 N
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 SCUDDER KEMPER INVESTMENTS, INC.
008 B00AA01 A
008 C00AA01 801-252
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02110
008 D04AA01 2267
010 A00AA01 SCUDDER FUND ACCOUNTING CORPORATION, INC.
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02110
011 A00AA01 SCUDDER INVESTOR SERVICES, INC.
<PAGE> PAGE 2
011 B00AA01 8-298
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02110
012 A00AA01 SCUDDER SERVICE CORPORATION
012 B00AA01 84-1489
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02107
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 SCUDDER INVESTOR SERVICES, INC.
014 B00AA01 8-298
014 A00AA02 GRUNTAL & CO., LLC
014 B00AA02 8-31022
014 A00AA03 GMS GROUP LLC
014 B00AA03 8-23936
014 A00AA04 ZURICH CAPITAL MARKETS
014 B00AA04 8-49827
014 A00AA05 BANK HANDLOWY
014 B00AA05 8-4613
014 A00AA06 KEMPER DISTRIBUTORS, INC
014 B00AA06 8-47765
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02101
015 E01AA01 X
015 A00AA02 CITIBANK, N.A.
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 WESTPAC BANKING CORPORATION
015 B00AA03 S
015 C01AA03 SYDNEY
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 GIROCREDIT BANK AKTIENGESELLSCHAFT DER SPARKA
015 B00AA04 S
015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
015 E04AA04 X
015 A00AA05 GENERALE BANK
015 B00AA05 S
015 C01AA05 BRUSSELS
015 D01AA05 BELGIUM
015 E04AA05 X
<PAGE> PAGE 3
015 A00AA06 BANKBOSTON
015 B00AA06 S
015 C01AA06 SAO PAULO
015 D01AA06 BRAZIL
015 E04AA06 X
015 A00AA07 STATE STREET TRUST COMPANY CANADA
015 B00AA07 S
015 C01AA07 TORONTO
015 D01AA07 CANADA
015 E04AA07 X
015 A00AA08 DELETE
015 A00AA09 CITITRUST COLOMBIA S.A. SOCIEDAD FIDUCIARIA
015 B00AA09 S
015 C01AA09 BOGOTA
015 D01AA09 COLOMBIA
015 E04AA09 X
015 A00AA10 DEN DANSKE BANK
015 B00AA10 S
015 C01AA10 COPENHAGEN
015 D01AA10 DENMARK
015 E04AA10 X
015 A00AA11 MERITA BANK LIMITED
015 B00AA11 S
015 C01AA11 HELSINKI
015 D01AA11 FINLAND
015 E04AA11 X
015 A00AA12 BANQUE PARIBAS
015 B00AA12 S
015 C01AA12 PARIS
015 D01AA12 FRANCE
015 E04AA12 X
015 A00AA13 DRESDNER BANK AG
015 B00AA13 S
015 C01AA13 FRANKFURT
015 D01AA13 GERMANY
015 E04AA13 X
015 A00AA14 NATIONAL BANK OF GREECE
015 B00AA14 S
015 C01AA14 ATHENS
015 D01AA14 GREECE
015 E04AA14 X
015 A00AA15 STANDARD CHARTERED BANK
015 B00AA15 S
015 C01AA15 HONG KONG
015 D01AA15 HONG KONG
015 E04AA15 X
015 A00AA16 DELETE
015 A00AA17 STANDARD CHARTERED BANK
015 B00AA17 S
015 C01AA17 JAKARTA
015 D01AA17 INDONESIA
<PAGE> PAGE 4
015 E04AA17 X
015 A00AA18 BANK OF IRELAND
015 B00AA18 S
015 C01AA18 DUBLIN
015 D01AA18 IRELAND
015 E04AA18 X
015 A00AA19 BANQUE PARIBAS, AGMT. DTD
015 B00AA19 S
015 C01AA19 MILAN
015 D01AA19 ITALY
015 E04AA19 X
015 A00AA20 THE FUJI BANK LIMITED
015 B00AA20 S
015 C01AA20 TOKYO
015 D01AA20 JAPAN
015 E04AA20 X
015 A00AA21 CITIBANK, N.A.
015 B00AA21 S
015 C01AA21 SEOUL
015 D01AA21 KOREA
015 E04AA21 X
015 A00AA22 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B00AA22 S
015 C01AA22 KUALA LUMPUR
015 D01AA22 MALAYSIA
015 E04AA22 X
015 A00AA23 CITIBANK, N.A.
015 B00AA23 S
015 C01AA23 MEXICO CITY
015 D01AA23 MEXICO
015 E04AA23 X
015 A00AA24 MEESPIERSON N.V.
015 B00AA24 S
015 C01AA24 AMSTERDAM
015 D01AA24 NETHERLANDS
015 E04AA24 X
015 A00AA25 ANZ BANKING GROUP LIMITED
015 B00AA25 S
015 C01AA25 WELLINGTON
015 D01AA25 NEW ZEALAND
015 E04AA25 X
015 A00AA26 CHRISTIANA BANKOG KREDITKASSE
015 B00AA26 S
015 C01AA26 OSLO
015 D01AA26 NORWAY
015 E04AA26 X
015 A00AA27 DEUTSCH BANK A.G.
015 B00AA27 S
015 C01AA27 KARACHI
015 D01AA27 PAKISTAN
015 E04AA27 X
<PAGE> PAGE 5
015 A00AA28 STANDARD CHARTERED BANK
015 B00AA28 S
015 C01AA28 MANILA
015 D01AA28 PHILIPPINES
015 E04AA28 X
015 A00AA29 BANCO COMERCIAL PORTUGUES
015 B00AA29 S
015 C01AA29 LISBON
015 D01AA29 PORTUGAL
015 E04AA29 X
015 A00AA30 THE DEVELOPMENT BANK OF SINGAPORE, LTD.
015 B00AA30 S
015 C01AA30 SINGAPORE
015 D01AA30 SINGAPORE
015 E04AA30 X
015 A00AA31 BANCO SANTANDER S.A.
015 B00AA31 S
015 C01AA31 MADRID
015 D01AA31 SPAIN
015 E04AA31 X
015 A00AA32 THE HONGKONG AND SHANGAI BANKING CO. LTD
015 B00AA32 S
015 C01AA32 COLOMBO
015 D01AA32 SRI LANKA
015 E04AA32 X
015 A00AA33 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA33 S
015 C01AA33 STOCKHOLM
015 D01AA33 SWEDEN
015 E04AA33 X
015 A00AA34 UNION BANK OF SWITZERLAND
015 B00AA34 S
015 C01AA34 ZURICH
015 D01AA34 SWITZERLAND
015 E04AA34 X
015 A00AA35 CENTRAL TRUST OF CHINA
015 B00AA35 S
015 C01AA35 TAIPEI
015 D01AA35 TAIWAN
015 E04AA35 X
015 A00AA36 STANDARD CHARTERED BANK
015 B00AA36 S
015 C01AA36 BANGKOK
015 D01AA36 THAILAND
015 E04AA36 X
015 A00AA37 CITIBANK, N.A.
015 B00AA37 S
015 C01AA37 ISTANBUL
015 D01AA37 TURKEY
015 E04AA37 X
015 A00AA38 STATE STREET BANK AND TRUST CO.
<PAGE> PAGE 6
015 B00AA38 S
015 C01AA38 LONDON
015 D01AA38 UNITED KINGDOM
015 E04AA38 X
015 A00AA39 CITIBANK, N.A.
015 B00AA39 S
015 C01AA39 MONDEVIDEO
015 D01AA39 URUGUAY
015 E04AA39 X
015 A00AA40 CITIBANK, N.A.
015 B00AA40 S
015 C01AA40 CARACAS
015 D01AA40 VENEZUELA
015 E04AA40 X
015 A00AA41 THE HONG KONG & SHANGHAI BANKING CO. LTD
015 B00AA41 S
015 C01AA41 SHANGHAI
015 D01AA41 CHINA
015 E04AA41 X
015 A00AA43 BARCLAYS BANK OF BOTSWANA LIMITED
015 B00AA43 S
015 C01AA43 GABORONE
015 D01AA43 BOTSWANA
015 E04AA43 X
015 A00AA44 BARCLAYS BANK PLC
015 B00AA44 S
015 C01AA44 NICOSIA
015 D01AA44 CYPRUS
015 E04AA44 X
015 A00AA45 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B00AA45 S
015 C01AA45 PRAGUE
015 D01AA45 CZECH REPUBLIC
015 E04AA45 X
015 A00AA46 BARCLAYS BANK OF GHANA LIMITED
015 B00AA46 S
015 C01AA46 ACCRA
015 D01AA46 GHANA
015 E04AA46 X
015 A00AA47 CITIBANK BUDAPEST RT.
015 B00AA47 S
015 C01AA47 BUDAPEST
015 D01AA47 HUNGARY
015 E04AA47 X
015 A00AA48 BANK HAPOALIM B.M.
015 B00AA48 S
015 C01AA48 TEL AVIV
015 D01AA48 ISRAEL
015 E04AA48 X
015 A00AA49 BARCLAYS BANK OF KENYA LIMITED
015 B00AA49 S
<PAGE> PAGE 7
015 C01AA49 NAIROBI
015 D01AA49 KENYA
015 E04AA49 X
015 A00AA50 DELETE
015 A00AA51 CITIBANK POLAND S.A.
015 B00AA51 S
015 C01AA51 WARSAW
015 D01AA51 POLAND
015 E04AA51 X
015 A00AA52 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B00AA52 S
015 C01AA52 JOHANNESBURG
015 D01AA52 SOUTH AFRICA
015 E04AA52 X
015 A00AA53 BARCLAYS BANK OF SWAZILAND LIMITED
015 B00AA53 S
015 C01AA53 MBABANE
015 D01AA53 SWAZILAND
015 E04AA53 X
015 A00AA54 DELETE
015 A00AA55 BARCLAYS BANK OF ZAMBIA LIMITED
015 B00AA55 S
015 C01AA55 LUSAKA
015 D01AA55 ZAMBIA
015 E04AA55 X
015 A00AA56 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B00AA56 S
015 C01AA56 HARARE
015 D01AA56 ZIMBABWE
015 E04AA56 X
015 A00AA57 STANDARD CHARTERED BANK
015 B00AA57 S
015 C01AA57 DHAKA
015 D01AA57 BANGLADESH
015 E04AA57 X
015 A00AA58 CESKOSLOVENSKA OBCHODNA BANKA A.S.
015 B00AA58 S
015 C01AA58 BRATISLAVA
015 D01AA58 SLOVAK REPUBLIC
015 E04AA58 X
015 A00AA59 THE BANK OF BERMUDA
015 B00AA59 S
015 C01AA59 HAMILTON
015 D01AA59 BERMUDA
015 E04AA59 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 84
019 C00AA00 SCUDDERKEM
020 A000001 BEAR, STEARNS & CO.
020 B000001 13-3299429
<PAGE> PAGE 8
020 C000001 539
020 A000002 S G WARBUG & CO INC.
020 B000002 13-3243112
020 C000002 232
020 A000003 LEHMAN BROTHERS SECURITIES
020 B000003 13-2518466
020 C000003 188
020 A000004 GOLDMAN, SACHS & CO.
020 B000004 13-5108880
020 C000004 172
020 A000005 DEUTSCHE DANK CAPITAL
020 B000005 13-6124068
020 C000005 159
020 A000006 MORGAN STANLEY & CO.
020 B000006 13-2655998
020 C000006 127
020 A000007 DONALDSON LUFKIN
020 B000007 13-2741729
020 C000007 125
020 A000008 SCHROEDER WERTHEIM & CO.
020 B000008 13-2697272
020 C000008 113
020 A000009 SMITH BARNEY SHEARSON
020 B000009 13-1912900
020 C000009 111
020 A000010 PAINE WEBBER COMPANY
020 B000010 13-2638166
020 C000010 103
021 000000 3153
022 A000001 INDUSUAZ S\A CTVMEN FIXED INC.
022 C000001 5
022 D000001 2095
022 A000002 WILLIAM BLAIR & CO
022 C000002 5
022 D000002 4081
022 A000003 KLEINWORT BENSON
022 B000003 13-2647786
022 C000003 4
022 D000003 6837
022 A000004 WASSERSTEIN & PARA
022 C000004 4
022 D000004 4266
022 A000005 INSTINET CAPITAL
022 B000005 13-3443395
022 C000005 4
022 D000005 6720
022 A000006 FAHNSTOCK & CO
022 C000006 4
022 D000006 5465
022 A000007 ROBERT W BAIRD & CO INC.
022 B000007 39-6037917
<PAGE> PAGE 9
022 C000007 3
022 D000007 836
022 A000008 ESI
022 B000008 13-2518466
022 C000008 2
022 D000008 2301
022 A000009 ITG
022 B000009 95-4339369
022 C000009 1
022 D000009 2636
022 A000010 GREEN STREET ADVISORS
022 C000010 1
022 D000010 159
023 C000000 3153
023 D000000 2418924
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
<PAGE> PAGE 10
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
077 A000000 Y
077 B000000 N
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 Y
078 000000 N
028 A010400 1575
028 A020400 0
028 A030400 0
028 A040400 6287
028 B010400 4291
028 B020400 448
028 B030400 0
028 B040400 6072
<PAGE> PAGE 11
028 C010400 3581
028 C020400 929
028 C030400 0
028 C040400 6415
028 D010400 812
028 D020400 0
028 D030400 0
028 D040400 3755
028 E010400 2640
028 E020400 423
028 E030400 0
028 E040400 6353
028 F010400 4665
028 F020400 874
028 F030400 0
028 F040400 6695
028 G010400 17564
028 G020400 2674
028 G030400 0
028 G040400 35577
028 H000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 N
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.700
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
<PAGE> PAGE 12
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 2500
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 2.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 2.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 96.0
062 R000400 0.0
063 A000400 0
063 B000400 6.8
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 Y
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
<PAGE> PAGE 13
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 102166
071 B000400 119362
071 C000400 120362
071 D000400 85
072 A000400 6
072 B000400 4309
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 592
072 G000400 0
072 H000400 0
072 I000400 277
072 J000400 133
072 K000400 0
072 L000400 24
072 M000400 25
072 N000400 12
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 44
072 S000400 12
072 T000400 0
072 U000400 0
<PAGE> PAGE 14
072 V000400 0
072 W000400 6
072 X000400 1125
072 Y000400 79
072 Z000400 3264
072AA000400 4904
072BB000400 0
072CC010400 0
072CC020400 9195
072DD010400 3264
072DD020400 0
072EE000400 0
073 A010400 0.2500
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 1937
074 C000400 0
074 D000400 113476
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 14455
074 K000400 0
074 L000400 2124
074 M000400 1246
074 N000400 133238
074 O000400 653
074 P000400 83
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 2198
074 S000400 0
074 T000400 130304
074 U010400 12561
074 U020400 0
074 V010400 10.37
074 V020400 0.00
074 W000400 0.0000
074 X000400 12053
074 Y000400 0
075 A000400 0
075 B000400 140553
076 000400 0.00
028 A010500 20760
028 A020500 0
<PAGE> PAGE 15
028 A030500 0
028 A040500 9225
028 B010500 6115
028 B020500 5081
028 B030500 0
028 B040500 27278
028 C010500 9601
028 C020500 0
028 C030500 0
028 C040500 17099
028 D010500 7374
028 D020500 0
028 D030500 0
028 D040500 11489
028 E010500 10066
028 E020500 3783
028 E030500 0
028 E040500 17777
028 F010500 12653
028 F020500 1
028 F030500 0
028 F040500 13792
028 G010500 66569
028 G020500 8865
028 G030500 0
028 G040500 96660
028 H000500 0
037 000500 Y
038 000500 2745
039 000500 N
040 000500 N
041 000500 N
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.800
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
<PAGE> PAGE 16
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 10000
062 A000500 Y
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 100.0
062 R000500 0.0
063 A000500 0
063 B000500 4.4
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 Y
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
<PAGE> PAGE 17
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 298506
071 B000500 302399
071 C000500 193949
071 D000500 154
072 A000500 6
072 B000500 10719
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 1021
072 G000500 0
072 H000500 0
072 I000500 481
072 J000500 152
072 K000500 0
072 L000500 46
072 M000500 23
<PAGE> PAGE 18
072 N000500 23
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 46
072 S000500 5
072 T000500 0
072 U000500 9
072 V000500 0
072 W000500 20
072 X000500 1826
072 Y000500 0
072 Z000500 8892
072AA000500 0
072BB000500 44915
072CC010500 60944
072CC020500 0
072DD010500 10346
072DD020500 0
072EE000500 0
073 A010500 0.3700
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 1
074 B000500 677
074 C000500 0
074 D000500 202954
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 10253
074 K000500 0
074 L000500 4194
074 M000500 2
074 N000500 218081
074 O000500 10189
074 P000500 162
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 641
074 S000500 0
074 T000500 207089
074 U010500 27231
074 U020500 0
074 V010500 7.60
074 V020500 0.00
<PAGE> PAGE 19
074 W000500 0.0000
074 X000500 15
074 Y000500 0
075 A000500 0
075 B000500 205978
076 000500 0.00
028 A010600 218
028 A020600 0
028 A030600 0
028 A040600 10
028 B010600 170
028 B020600 7
028 B030600 0
028 B040600 32
028 C010600 173
028 C020600 0
028 C030600 0
028 C040600 10
028 D010600 76
028 D020600 0
028 D030600 0
028 D040600 22
028 E010600 101
028 E020600 0
028 E030600 0
028 E040600 184
028 F010600 83
028 F020600 0
028 F030600 0
028 F040600 30
028 G010600 821
028 G020600 7
028 G030600 0
028 G040600 288
028 H000600 0
037 000600 Y
038 000600 4910
039 000600 N
040 000600 N
041 000600 N
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.900
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
<PAGE> PAGE 20
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
058 A000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 10000
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 Y
066 E000600 N
066 F000600 N
066 G000600 N
<PAGE> PAGE 21
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 Y
070 L010600 N
070 L020600 N
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 N
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 778
071 B000600 222
071 C000600 1949
071 D000600 23
072 A000600 6
072 B000600 0
072 C000600 11
072 D000600 0
072 E000600 0
072 F000600 9
072 G000600 0
<PAGE> PAGE 22
072 H000600 0
072 I000600 4
072 J000600 23
072 K000600 0
072 L000600 7
072 M000600 19
072 N000600 15
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 6
072 S000600 8
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 4
072 X000600 95
072 Y000600 80
072 Z000600 -3
072AA000600 0
072BB000600 5
072CC010600 128
072CC020600 0
072DD010600 8
072DD020600 0
072EE000600 0
073 A010600 0.0500
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 63
074 B000600 0
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 2226
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 50
074 L000600 0
074 M000600 1
074 N000600 2340
074 O000600 16
074 P000600 0
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 96
<PAGE> PAGE 23
074 S000600 0
074 T000600 2228
074 U010600 169
074 U020600 0
074 V010600 13.22
074 V020600 0.00
074 W000600 0.0000
074 X000600 0
074 Y000600 0
075 A000600 0
075 B000600 1974
076 000600 0.00
SIGNATURE JOHN MILLETTE
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Large Company Growth Fund Semiannual Report for the period ended 4/30/99 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> Scudder Large Company Growth Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 567,599,965
<INVESTMENTS-AT-VALUE> 829,196,590
<RECEIVABLES> 5,892,360
<ASSETS-OTHER> 1,073
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 835,090,023
<PAYABLE-FOR-SECURITIES> 3,390,118
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,261,044
<TOTAL-LIABILITIES> 4,651,162
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 573,935,390
<SHARES-COMMON-STOCK> 24,774,581
<SHARES-COMMON-PRIOR> 17,828,773
<ACCUMULATED-NII-CURRENT> (888,304)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,204,850)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 261,596,625
<NET-ASSETS> 830,438,861
<DIVIDEND-INCOME> 2,072,904
<INTEREST-INCOME> 769,745
<OTHER-INCOME> 0
<EXPENSES-NET> 3,730,953
<NET-INVESTMENT-INCOME> (888,304)
<REALIZED-GAINS-CURRENT> (2,965,479)
<APPREC-INCREASE-CURRENT> 138,734,974
<NET-CHANGE-FROM-OPS> 134,881,191
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 32,236,783
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 359,612,213
<NUMBER-OF-SHARES-REDEEMED> (165,468,193)
<SHARES-REINVESTED> 31,494,627
<NET-CHANGE-IN-ASSETS> 328,283,055
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 30,997,412
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,389,015
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,730,953
<AVERAGE-NET-ASSETS> 688,228,498
<PER-SHARE-NAV-BEGIN> 28.17
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 7.10
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (1.71)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 33.52
<EXPENSE-RATIO> 1.09
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Tax Managed Growth Fund Semiannual Report for the period ended 4/30/99 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 5
<NAME> Scudder Tax Managed Growth Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 3,400,871
<INVESTMENTS-AT-VALUE> 3,882,472
<RECEIVABLES> 4,443
<ASSETS-OTHER> 165
<OTHER-ITEMS-ASSETS> 137,641
<TOTAL-ASSETS> 4,024,721
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 92,879
<TOTAL-LIABILITIES> 92,879
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,438,491
<SHARES-COMMON-STOCK> 275,838
<SHARES-COMMON-PRIOR> 179,789
<ACCUMULATED-NII-CURRENT> (2,198)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 13,948
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 481,601
<NET-ASSETS> 3,931,842
<DIVIDEND-INCOME> 23,746
<INTEREST-INCOME> 2,522
<OTHER-INCOME> 0
<EXPENSES-NET> 19,866
<NET-INVESTMENT-INCOME> 6,402
<REALIZED-GAINS-CURRENT> 13,948
<APPREC-INCREASE-CURRENT> 328,590
<NET-CHANGE-FROM-OPS> 348,940
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (12,914)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,429,448
<NUMBER-OF-SHARES-REDEEMED> (137,552)
<SHARES-REINVESTED> 12,056
<NET-CHANGE-IN-ASSETS> 1,642,723
<ACCUMULATED-NII-PRIOR> 4,314
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12,485
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 97,771
<AVERAGE-NET-ASSETS> 3,203,897
<PER-SHARE-NAV-BEGIN> 12.73
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 1.50
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> (0.01)
<PER-SHARE-NAV-END> 14.25
<EXPENSE-RATIO> 1.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Tax Managed Small Company Fund Semiannual Report for the fiscal year ended
4/30/99 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> Scudder Tax Managed Small Company Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-START> NOV-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 2,000,837
<INVESTMENTS-AT-VALUE> 2,226,443
<RECEIVABLES> 381
<ASSETS-OTHER> 113,039
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,339,863
<PAYABLE-FOR-SECURITIES> 16,478
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 95,478
<TOTAL-LIABILITIES> 111,956
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,015,308
<SHARES-COMMON-STOCK> 168,527
<SHARES-COMMON-PRIOR> 126,926
<ACCUMULATED-NII-CURRENT> (7,822)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (5,185)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 225,606
<NET-ASSETS> 2,227,907
<DIVIDEND-INCOME> 10,854
<INTEREST-INCOME> 385
<OTHER-INCOME> 0
<EXPENSES-NET> 14,680
<NET-INVESTMENT-INCOME> (3,441)
<REALIZED-GAINS-CURRENT> (5,185)
<APPREC-INCREASE-CURRENT> 128,241
<NET-CHANGE-FROM-OPS> 119,615
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,682)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 820,893
<NUMBER-OF-SHARES-REDEEMED> (292,969)
<SHARES-REINVESTED> 6,923
<NET-CHANGE-IN-ASSETS> 651,690
<ACCUMULATED-NII-PRIOR> 3,301
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,809
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 94,508
<AVERAGE-NET-ASSETS> 1,973,754
<PER-SHARE-NAV-BEGIN> 12.42
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 0.84
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.22
<EXPENSE-RATIO> 1.50
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
Shareholder Meeting Results
A Special Meeting of Shareholders (the "Meeting") of Scudder Large Company
Growth Fund (the "Fund") was held on December 15, 1998, at the office of Scudder
Kemper Investments, Inc., Two International Place, Boston, Massachusetts 02110.
At the Meeting the following matters were voted upon by the shareholders (the
resulting votes for each matter are presented below).
1. To approve a new Investment Management Agreement for the Fund with Scudder
Kemper Investments, Inc.
<TABLE>
<CAPTION>
Number of Votes:
----------------
<S> <C> <C> <C>
For Against Abstain Broker Non-Votes*
--- ------- ------- -----------------
9,104,861 189,478 287,844 0
2. To approve the revision of the Fund's fundamental lending policy.
Number of Votes:
----------------
For Against Abstain Broker Non-Votes*
--- ------- ------- -----------------
8,195,998 297,531 403,373 685,281
</TABLE>
- --------------------------------------------------------------------------------
* Broker non-votes are proxies received by the Fund from brokers or nominees
when the broker or nominee neither has received instructions from the
beneficial owner or other persons entitled to vote nor has discretionary
power to vote on a particular matter.
21 - Scudder Large Company Growth Fund
Shareholder Meeting Results
A Special Meeting of Shareholders (the "Meeting") of Scudder Tax Managed Growth
Fund (the "Fund") was held on December 15, 1998, at the office of Scudder Kemper
Investments, Inc., Two International Place, Boston, Massachusetts 02110. At the
Meeting the following matters were voted upon by the shareholders (the resulting
votes for each matter are presented below).
1. To approve a new Investment Management Agreement for the Fund with Scudder
Kemper Investments, Inc.
Number of Votes:
----------------
For Against Abstain Broker Non-Votes*
--- ------- ------- -----------------
129,032 829 833 0
2. To approve the revision of the Fund's fundamental lending policy.
Number of Votes:
----------------
For Against Abstain Broker Non-Votes*
--- ------- ------- -----------------
123,199 4,995 2,500 0
- --------------------------------------------------------------------------------
* Broker non-votes are proxies received by the Fund from brokers or nominees
when the broker or nominee neither has received instructions from the
beneficial owner or other persons entitled to vote nor has discretionary power
to vote on a particular matter.
22 - Scudder Tax Managed Growth Fund
Shareholder Meeting Results
A Special Meeting of Shareholders (the "Meeting") of Scudder Tax Managed Small
Company Fund (the "Fund") was held on December 15, 1998, at the office of
Scudder Kemper Investments, Inc., Two International Place, Boston, Massachusetts
02110. At the Meeting the following matters were voted upon by the shareholders
(the resulting votes for each matter are presented below).
1. To approve a new Investment Management Agreement for the Fund with Scudder
Kemper Investments, Inc.
Number of Votes:
----------------
For Against Abstain Broker Non-Votes*
--- ------- ------- -----------------
96,220 1,015 833 0
2. To approve the revision of the Fund's fundamental lending policy.
Number of Votes:
----------------
For Against Abstain Broker Non-Votes*
--- ------- ------- -----------------
92,053 5,182 833 0
- -------------------------------------------------------------------------------
* Broker non-votes are proxies received by the Fund from brokers or nominees
when the broker or nominee neither has received instructions from the
beneficial owner or other persons entitled to vote nor has discretionary
power to vote on a particular matter.
25 - Scudder Tax Managed Small Company Fund