Morgan Grenfell Investment Trust
Supplement dated March 16, 1998 to
Prospectus and Statement of Additional Information
dated February 25, 1998 (revised March 6, 1998)
Management of the Funds
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The following paragraph is hereby inserted in the section entitled "Management
of the Fund" within the Prospectus:
Mr. Curtiss O. Barrows is a senior vice president with the Advisor and
serves as the portfolio manager of the Morgan Grenfell High Yield Bond
Fund. Mr. Barrows has been in the investment advisory business since 1981.
Trustees and Officers
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The following paragraph is hereby deleted from the section entitled "Trustees
and Officers" within the Statement of Additional Information:
Martin Hall Vice President Portfolio Manager, Fixed
150 S. Independence Sq. W. Income Team
Philadelphia, PA 19106 MGIS (since 1988)
(age 39)
