Scudder 21st Century Growth Fund
Scudder Aggressive Growth Fund
Scudder Blue Chip Fund
Scudder Dynamic Growth Fund
Scudder Flag Investors Equity Partners Fund
Scudder Flag Investors Value Builder Fund
Scudder Growth Fund
Scudder Health Care Fund
Scudder Income Fund
Scudder International Fund
Scudder Large Cap Value Fund
Scudder Large Company Growth Fund
Scudder Large Company Value Fund
Scudder Strategic Income Fund
Scudder Total Return Fund
Scudder US Government Securities Fund

Supplement to the currently  effective  Statements of Additional  Information of
the above listed Funds.  Effective August 13, 2004 the  above-referenced  Funds'
Class I shares will be renamed Institutional Class.

The following replaces the two paragraphs in each Fund's Statement of Additional
Information  under  "Purchase  and  Redemption of Shares -- Purchases of Class I
Shares":

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 $1,000,000.  There is no
minimum subsequent  investment  requirement for the Institutional  Class shares.
This minimum amount may be changed at any time in management's discretion.

Investors  may  invest in  Institutional  Class  shares by setting up an account
directly with a Fund's  transfer  agent or through an authorized  service agent.
Investors who establish  shareholder  accounts directly with the Fund's transfer
agent  should  submit  purchase  and  redemption  orders  as  described  in  the
prospectus. Additionally, the Fund has authorized brokers to accept purchase and
redemption  orders for  Institutional  Class shares, as well as Class A, B and C
shares  of  the  Fund.   Brokers,   including   authorized  brokers  of  service
organizations,  are, in turn,  authorized to designate other  intermediaries  to
accept purchase and redemption orders on the Fund's behalf. Investors who invest
through brokers, service organizations or their designated intermediaries may be
subject  to  minimums  established  by their  broker,  service  organization  or
designated intermediary.

Investors who invest through authorized brokers,  service organizations or their
designated  intermediaries should submit purchase and redemption orders directly
to their broker, service organization or designated intermediary.  The broker or
intermediary  may charge you a transaction  fee. The Fund will be deemed to have
received a purchase  or  redemption  order when an  authorized  broker,  service
organization  or, if  applicable,  an  authorized  designee,  accepts the order.
Shares of the Fund may be  purchased  or redeemed on any Business Day at the net
asset value next  determined  after receipt of the order,  in good order, by the
Fund's transfer agent.

To sell shares in a  retirement  account,  your request must be made in writing,
except for exchanges to other eligible funds in the Scudder  Investments  family
of funds,  which can be requested  by phone or in writing.  For  information  on
retirement distributions, contact your Service Agent or call Scudder Investments
Service Company at 1-800-621-1048.  To sell shares by bank wire you will need to
sign up for these services in advance when completing your account application.

August 13, 2004