<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the S&P 500
Fund Semiannual report for the period ended June 30,2000 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000088064
<NAME> INVESTMENT TRUST
<SERIES>
<NUMBER> 001
<NAME> SCUDDER S&P 500 INDEX FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 326,620
<RECEIVABLES> 387
<ASSETS-OTHER> 13
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 327,020
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 888
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 274,470
<SHARES-COMMON-STOCK> 16,825
<SHARES-COMMON-PRIOR> 16,751
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 30,312
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,349
<NET-ASSETS> 326,132
<DIVIDEND-INCOME> 1,867
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 536
<NET-INVESTMENT-INCOME> 1,331
<REALIZED-GAINS-CURRENT> 35,187
<APPREC-INCREASE-CURRENT> (39,168)
<NET-CHANGE-FROM-OPS> (2,651)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,397)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,562
<NUMBER-OF-SHARES-REDEEMED> (4,558)
<SHARES-REINVESTED> 69
<NET-CHANGE-IN-ASSETS> (2,236)
<ACCUMULATED-NII-PRIOR> 66
<ACCUMULATED-GAINS-PRIOR> (4,874)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 155
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 871
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 19.6
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> (0.21)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.09)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.38
<EXPENSE-RATIO> 0.42
</TABLE>
