-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E5dWEBQUBJmQrD+bjXiycZp+cQWUT97KBzw1dknwL2fA8z5kOj0EK+hchXlNLfR5 4yXtTUfsbaPQoVc0BJE/HQ== 0000088053-04-000368.txt : 20040614 0000088053-04-000368.hdr.sgml : 20040611 20040614072956 ACCESSION NUMBER: 0000088053-04-000368 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040610 EFFECTIVENESS DATE: 20040610 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCUDDER ADVISOR FUNDS CENTRAL INDEX KEY: 0000797657 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-07404 FILM NUMBER: 04859569 BUSINESS ADDRESS: STREET 1: FEDERATED INVESTORS TOWERS CITY: PITTSBURGH STATE: PA ZIP: 15222-3770 BUSINESS PHONE: 412881401 MAIL ADDRESS: STREET 1: ONE SOUTH STREET STREET 2: XX CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: BT INVESTMENT FUNDS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BT TAX FREE INVESTMENT TRUST DATE OF NAME CHANGE: 19880530 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCUDDER ADVISOR FUNDS III CENTRAL INDEX KEY: 0000884463 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-45973 FILM NUMBER: 04859568 BUSINESS ADDRESS: STREET 1: DEUTSCHE ASSET MANAGEMENT STREET 2: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-895-3875 MAIL ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: BT PYRAMID MUTUAL FUNDS DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCUDDER MG INVESTMENTS TRUST CENTRAL INDEX KEY: 0000912035 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-68704 FILM NUMBER: 04859570 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET STREET 2: ATTN: RICHARD T. HALE CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-895-5000 MAIL ADDRESS: STREET 1: ONE SOUTH STREET STREET 2: ATTN: RICHARD T. HALE CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN GRENFELL INVESTMENT TRUST /NY/ DATE OF NAME CHANGE: 20010709 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE ASSET MANAGEMENT DATE OF NAME CHANGE: 19990929 FORMER COMPANY: FORMER CONFORMED NAME: MORGAN GRENFELL INVESTMENT TRUST DATE OF NAME CHANGE: 19930915 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCUDDER INVESTORS FUNDS INC CENTRAL INDEX KEY: 0001039826 IRS NUMBER: 232905982 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-07008 FILM NUMBER: 04859567 BUSINESS ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 8007301313 MAIL ADDRESS: STREET 1: ONE SOUTH STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE INVESTORS FUNDS INC DATE OF NAME CHANGE: 20010503 FORMER COMPANY: FORMER CONFORMED NAME: FLAG INVESTORS FUNDS INC DATE OF NAME CHANGE: 20000118 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE FUNDS INC DATE OF NAME CHANGE: 19980501 497 1 sp061104multi.txt PROSPECTUS SUPPLEMENT SCUDDER INVESTMENTS Supplement to the currently effective Prospectus of each of the listed funds: Scudder Japanese Equity Fund Scudder Micro Cap Fund Scudder Lifecycle Long Range Fund Scudder Mid Cap Fund Scudder Lifecycle Mid Range Fund Scudder Small Cap Fund Scudder Lifecycle Short Range Fund - -------------------------------------------------------------------------------- For Scudder Micro Cap Fund only: The following supplements the information in the currently effective Class A, B, C, Institutional Class and Investment Class prospectuses of Scudder Micro Cap Fund:
- ------------------------------------------------------------------------------------------------------------------ Average Annual Total Returns (%) as of 12/31/2003 - ------------------------------------------------------------------------------------------------------------------ Since Inception For Classes A, B, Since Inception C and For Investment 1 Year 5 Years Institutional* Class** - ------------------------------------------------------------------------------------------------------------------ Index 2 (reflects no deductions for 48.54 0.86 2.56 0.73 fees, expenses or taxes) - ------------------------------------------------------------------------------------------------------------------
Index 2: Russell 2000 Growth Index is an unmanaged capitalization-weighted measure of 2,000 of the smallest capitalized US companies with a greater-than-average growth orientation and whose common stocks trade on the NYSE, AMEX and Nasdaq.*** * Since December 18, 1996 (inception date of Institutional Class). The inception date for Class A, B and C shares is June 28, 2002. The performance figures for Class A, B and C shares prior to inception are based on the historical performance of the Institutional Class, adjusted to reflect both the higher gross total annual operating expenses and the current applicable sales charges of Class A, B and C shares. Index comparison begins on December 31, 1996. ** Since August 21, 1997 (inception date of Investment Class). Index comparison begins on August 30, 1997. *** Effective on or about July 1, 2004, the Russell 2000 Growth Index will replace the Russell 2000 Index as the fund's benchmark index because the advisor believes it is more appropriate to measure the fund's performance against the Russell 2000 Growth Index as it more accurately reflects the fund's investment strategy. - -------------------------------------------------------------------------------- For Scudder Small Cap Fund only: Effective on or about July 1, 2004, Scudder Small Cap Fund will change its name to Scudder Small Cap Growth Fund. The fund's name is being changed to better reflect the fund's investment strategy. This change does not represent a change in the fund's goal or investment strategy. The following supplements the information in the currently effective Class A, B, C, R and Investment Class prospectuses of Scudder Small Cap Fund:
- ------------------------------------------------------------------------------------------------------------------ Average Annual Total Returns (%) as of 12/31/2003 - ------------------------------------------------------------------------------------------------------------------ 1 Year 5 Years 10 Years - ------------------------------------------------------------------------------------------------------------------ Index 2 (reflects no deductions 48.54 0.86 5.43 for fees, expenses or taxes) - ------------------------------------------------------------------------------------------------------------------ Index 2: Russell 2000 Growth Index is an unmanaged capitalization-weighted measure of 2,000 of the smallest capitalized US companies with a greater-than-average growth orientation and whose common stocks trade on the NYSE, AMEX and Nasdaq.* * Effective on or about July 1, 2004, the Russell 2000 Growth Index will replace the Russell 2000 Index as the fund's benchmark index because the advisor believes it is more appropriate to measure the fund's performance against the Russell 2000 Growth Index as it more accurately reflects the fund's investment strategy. - ------------------------------------------------------------------------------------------------------------------
June 11, 2004 SMF-3629 For Scudder Mid Cap Fund only: Effective on or about August 20, 2004, Scudder Mid Cap Fund will change its name to Scudder Mid Cap Growth Fund. Effective on or about August 20, 2004, the fund's 80% investment policy will be changed as follows: The fund's current investment policy states that, under normal circumstances, the fund invests at least 80% of its assets, determined at the time of purchase, in companies with market caps within the market capitalization range of the S&P Mid Cap 400 Index or securities with equity characteristics that provide exposure to those companies. This policy will be revised as follows: Under normal circumstances, the fund invests at least 80% of its assets, determined at the time of purchase, in companies with market caps within the market capitalization range of the Russell Mid Cap Growth Index or securities with equity characteristics that provide exposure to those companies. The fund will provide shareholders with at least 60 days' notice prior to making any changes to this revised 80% investment policy. The following supplements the information in the currently effective Class A, B, C, R, Investment Class and Institutional Class prospectuses of Scudder Mid Cap Fund:
- ------------------------------------------------------------------------------------------------------------------ Average Annual Total Returns (%) as of 12/31/2003 - ------------------------------------------------------------------------------------------------------------------ 1 Year 5 Years 10 Years - ------------------------------------------------------------------------------------------------------------------ Index 2 (reflects no deductions 42.71 2.01 9.40 for fees, expenses or taxes) - ------------------------------------------------------------------------------------------------------------------ Index 2: Russell Mid Cap Growth Index, an unmanaged capitalization-weighted index of medium and medium/small companies in the Russell 1000 Index chosen for their growth orientation.* * Effective on or about August 20, 2004, the Russell Mid Cap Growth Index will replace the S&P Mid Cap 400 Index as the fund's benchmark index because the advisor believes it is more appropriate to measure the fund's performance against the Russell Mid Cap Growth Index as it more accurately reflects the fund's investment strategy. - ------------------------------------------------------------------------------------------------------------------
For Scudder Japanese Equity Fund, Scudder Lifecycle Short Range Fund, Scudder Lifecycle Mid Range Fund and Scudder Lifecycle Long Range Fund only: On or about August 20, 2004, Scudder Japanese Equity Fund, Scudder Lifecycle Short Range Fund, Scudder Lifecycle Mid Range Fund and Scudder Lifecycle Long Range Fund, each currently a feeder fund in a master-feeder structure, will receive all of their assets from their respective master portfolios and convert to stand-alone funds. The respective master portfolios hold no other investments and will be closed after the conversion of the feeder funds. 2 -----END PRIVACY-ENHANCED MESSAGE-----