<PAGE>
EXHIBIT 17
FORM OF PROXY
[Logo] YOUR VOTE IS IMPORTANT!
[Address]
VOTE TODAY BY MAIL,
TOUCH-TONE PHONE OR THE INTERNET
CALL TOLL FREE 1-XXX-XXX-XXXX OR
LOG ON TO WWW.PROXYWEB.COM/XXXXX
*** CONTROL NUMBER: xxx xxx xxx xxx xx *** Please fold and detach card at
perforation before mailing.
CLASSIC GROWTH FUND
Investment Trust
Two International Place
Boston, Massachusetts 02110-4103
(800) [ ]
PROXY FOR THE SPECIAL MEETING OF SHAREHOLDERS
3:00 p.m., on May 24, 2001
The undersigned hereby appoints __________, ____________ and
____________, and each of them, the proxies of the undersigned, with the power
of substitution to each of them, to vote all shares of Classic Growth Fund (the
"Fund") which the undersigned is entitled to vote at the Special Meeting of
Shareholders of the Fund to be held at the offices of Scudder Kemper
Investments, Inc., 13th Floor, Two International Place, Boston, MA 02110-4103,
on May 24, 2001 at 3:00 p.m., Eastern time, and at any adjournments thereof.
PLEASE SIGN AND RETURN PROMPTLY IN THE
ENCLOSED ENVELOPE. NO POSTAGE IS
REQUIRED.
Dated ____________________________, 2001
Please sign exactly as your name or
names appear. When signing as an
attorney, executor, administrator,
trustee or guardian, please give your
full title as such.
---------------------------------------
[Name]
[Address]
---------------------------------------
Signature(s) of Shareholder(s)
<PAGE>
[Logo] YOUR VOTE IS IMPORTANT!
[Address]
VOTE TODAY BY MAIL,
TOUCH-TONE PHONE OR THE INTERNET
CALL TOLL FREE 1-xxx-xxx-xxxx OR
LOG ON TO WWW.PROXYWEB.COM/xxxxx
Please fold and detach card at perforation before mailing.
All properly executed proxies will be voted as directed. If no instructions
are indicated on a properly executed proxy, the proxy will be voted FOR approval
of the proposals.
THE PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES OF CLASSIC GROWTH
FUND. THE BOARD OF TRUSTEES RECOMMENDS A VOTE FOR THE PROPOSALS.
---
Please vote by filling in the boxes below.
FOR AGAINST ABSTAIN
PROPOSAL
--------
To approve an Agreement and Plan of [_] [_] [_]
Reorganization for the Fund (the
"Plan"). Under the Plan, (i) all or
substantially all of the assets and all
of the liabilities of the Fund would be
transferred to Scudder Capital Growth
Fund, (ii) each shareholder of the Fund
would receive shares of Scudder Capital
Growth Fund of a corresponding class to
those held by the shareholder in the
Fund in an amount equal to the value of
their holdings in the Fund, and (iii)
the Fund would then be terminated.
The proxies are authorized to vote in their discretion on any other business
which may properly come before the meeting and any adjournments thereof.
PLEASE SIGN ON REVERSE SIDE