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SCUDDER
INVESTMENTS(SM)
[LOGO]
Scudder Capital Growth Fund
Supplement to Prospectus
Dated July 17, 2000
The following information replaces the current disclosure for Scudder Capital
Growth Fund in "The portfolio managers" section on page 17 of the prospectus:
The following person handles the day-to-day management of the fund:
William F. Gadsden
Lead Portfolio Manager
o Began investment career in 1981
o Joined the advisor in 1983
September 12, 2000
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