Scudder Kemper Investments, Inc.
                                              Two International Place
                                              Boston, MA  02110
                                              June 23, 1999



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549

RE:  Scudder  Dividend & Growth Fund,  Scudder Real Estate  Investment  Fund and
     Scudder S&P 500 Index Fund (the "Funds"), each a series of Investment Trust
     (the "Trust") (Reg. No. 2-13628) (811-43); Post-Effective Amendment No. 105
     to the Registration Statement on Form N-1A

Ladies and Gentlemen:

     Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the
Trust hereby certifies that the form of Statements of Additional Information
that would have been filed on behalf of the Funds pursuant to Rule 497(c) upon
the effectiveness of Post-Effective Amendment No. 105 to the Trust's
Registration Statement on Form N-1A (the "Amendment") does not differ from that
contained in the Amendment, which is the most recent amendment to such
Registration Statement and was filed electronically on June 18, 1999. The Trust
further certifies that the Prospectuses do not differ from those filed as a part
of the Trust's Post-Effective Amendment No. 104 filed electronically on April
30, 1999.

     Comments  or  questions  concerning  this  certificate  may be  directed to
Gregory Pottle at (617) 295-3033.

                                                  Very truly yours,



                                         By:      /s/ Caroline Pearson
                                                  --------------------
                                                  Caroline Pearson
                                                  Assistant Secretary
                                                  Investment Trust