-----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, ECUIgjuMGFUiXAZv4CQeBEfg9ASXVZYC+l1/EA3xLmLB/f59IytIKw/0LyXulm44 wsGp1miXlqte36EoG0LK6w== 0000088053-02-000777.txt : 20020730 0000088053-02-000777.hdr.sgml : 20020730 20020730090309 ACCESSION NUMBER: 0000088053-02-000777 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20020730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCUDDER BLUE CHIP FUND CENTRAL INDEX KEY: 0000823342 IRS NUMBER: 363542349 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-17777 FILM NUMBER: 02713918 BUSINESS ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3125371569 MAIL ADDRESS: STREET 1: 222 SOUTH RIVERSIDE PLAZA CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: KEMPER BLUE CHIP FUND DATE OF NAME CHANGE: 19920703 497 1 saimega.txt STICKER Supplement to each currently effective Statement of Additional Information listed below: Scudder Aggressive Growth Fund Scudder Large Company Value Fund Scudder Blue Chip Fund Scudder Latin America Fund Scudder Capital Growth Fund Scudder Managed Municipal Bonds Scudder Contrarian Fund Scudder Medium-Term Tax-Free Fund Scudder-Dreman Financial Services Fund Scudder New Europe Fund Scudder-Dreman High Return Equity Fund Scudder Pacific Opportunities Fund Scudder-Dreman Small Cap Value Fund Scudder Pathway Series -- Conservative Portfolio Scudder Dynamic Growth Fund Scudder Pathway Series -- Growth Portfolio Scudder Emerging Markets Growth Fund Scudder Pathway Series -- Moderate Portfolio Scudder Emerging Markets Income Fund Scudder Select 500 Fund Scudder Focus Value+Growth Fund Scudder Select 1000 Growth Fund Scudder Global Fund Scudder Small Company Stock Fund Scudder Global Bond Fund Scudder Small Company Value Fund Scudder Global Discovery Fund Scudder Short-Term Bond Fund Scudder Gold and Precious Metals Fund Scudder Strategic Income Fund Scudder Greater Europe Growth Fund Scudder S&P 500 Stock Fund Scudder Growth and Income Fund Scudder Target 2011 Fund Scudder Growth Fund Scudder Target 2012 Fund Scudder Health Care Fund Scudder Technology Fund Scudder High-Yield Fund Scudder Technology Innovation Fund Scudder High-Yield Tax-Free Fund Scudder Total Return Fund Scudder High-Yield Opportunity Fund Scudder U.S. Government Securities Fund Scudder Income Fund Scudder 21st Century Growth Fund Scudder International Fund The Japan Fund, Inc. Scudder Large Company Growth Fund
The following information replaces the disclosure regarding the schedule of compensation to investment dealers and financial services firms for the retirement plan trades under the Large Order NAV Purchase Privilege in the "Purchase and Redemption of Shares" or "Purchase of Shares" section of each Statement of Additional Information for each Fund's Class A shares: Scudder Distributors, Inc. ("SDI") may in its discretion compensate investment dealers or other financial services firms in connection with the sale of Class A shares of a Fund at net asset value in accordance with the Large Order NAV Purchase Privilege and one of the three following compensation schedules up to the following amounts:
Compensation Schedule #1(1) Compensation Schedule #2(2) Compensation Schedule #3(2)(3) --------------------------- --------------------------- ------------------------------ As a As a As a Percentage of Percentage of Percentage Amount of Net Amount of Net Amount of of Net Shares Sold Asset Value Shares Sold Asset Value Shares Sold Asset Value ----------- ----------- ----------- ----------- ----------- ----------- $1 million to $5 million 1.00% Under $15 million 0.75% Over $15 million 0.25% - 0.50% Over $5 million to $50 million 0.50% -- -- -- -- Over $50 million 0.25% -- -- -- --
(1) The commission schedule will be reset on a calendar year basis for sales of shares pursuant to the Large Order NAV Purchase Privilege to employer-sponsored employee benefit plans using the proprietary subaccount record keeping system, made available through Scudder Investments Service Company. For purposes of determining the appropriate commission percentage to be applied to a particular sale under the foregoing schedule, SDI will consider the cumulative amount invested by the purchaser in a Fund and other Funds listed under "Special Features -- Class A Shares -- Combined Purchases," including purchases pursuant to the "Combined Purchases," "Letter of Intent" and "Cumulative Discount" features referred to above. (2) Compensation Schedules 2 and 3 apply to employer sponsored employee benefit plans using the OmniPlus subaccount record keeping system. The Compensation Schedule will be determined based on the value of the conversion assets. Conversion from "Compensation Schedule #2" to "Compensation Schedule #3" is not an automatic process. When a plan's assets grow to exceed $15 million, the Plan Sponsor must contact their Client Relationship Manager to discuss a conversion to Compensation Schedule #3. (3) Compensation Schedule 3 is based on individual plan underwriting criteria. In most cases, the investment dealers are compensated at a rate of 0.25%. However, certain underwriting factors, such as the number of enrollment and education meetings conducted by Scudder staff the number of non-Scudder funds the plan chooses and the per participant record keeping fee, can increase the fee paid up to 0.50%. The privilege of purchasing Class A shares of a Fund at net asset value under the Large Order NAV Purchase Privilege is not available if another net asset value purchase privilege also applies. The following information amends the disclosure regarding the purchase of shares based on certain asset levels under the "Which Arrangement is Better for You?" paragraph in the "Purchase and Redemption of Shares" or "Purchase of Shares" section of each Statement of Additional Information: Plans set-up on the Flex recordkeeping system after October 1, 2002 will automatically begin purchasing Class A shares at NAV once the plan's assets reach $1 million. The current level for automatic Class A share purchases is $5 million. Flex plans with Class B or C shares assets between $1 and $5 million may continue to purchase Class B or C shares until October 1, 2005. After October 1, 2005, all plans with assets over $1 million must begin purchasing Class A shares. August 1, 2002 2 -----END PRIVACY-ENHANCED MESSAGE-----