Supplement to the currently  effective  Statement of Additional  Information and
all currently effective Supplements thereto for the following fund:

Scudder PreservationPlus Income Fund

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The  following   paragraph  is  deleted  from  the  "Financial  Services  Firms'
Compensation" sub-section of the "Purchase and Redemption of Shares" section.



         Purchase  of  Institutional  Class  Shares.  Information  on how to buy
         Institutional Class Shares is set forth in the section entitled "Buying
         and Selling Shares" in the Fund's prospectus. The following supplements
         that  information.  The minimum  initial  investment for  Institutional
         Class shares is  $250,000.  There is no minimum  subsequent  investment
         requirement for the Institutional Class shares. The minimum amounts may
         be changed at any time in management's discretion.






               Please Retain This Supplement for Future Reference



May 23, 2003