-----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, QkGDXaWRKYjxcs7aYFXxm9Yt25sQs2IbgP03RzkPlH9KHZDJKOkOIpf8RNtTFk/C YokEb2c2QpPz4219Q3fcTw== 0000088064-96-000016.txt : 19960705 0000088064-96-000016.hdr.sgml : 19960705 ACCESSION NUMBER: 0000088064-96-000016 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19960703 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCUDDER INVESTMENT TRUST CENTRAL INDEX KEY: 0000088064 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 042212654 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-13628 FILM NUMBER: 96590985 BUSINESS ADDRESS: STREET 1: 160 FEDERAL ST CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 6173305590 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER GROWTH & INCOME FUND DATE OF NAME CHANGE: 19910402 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER COMMON STOCK FUND INC DATE OF NAME CHANGE: 19841125 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER COMMON STOCK FUND DATE OF NAME CHANGE: 19790501 497 1 FUND PROFILE--SCUDDER QUALITY GROWTH FUND Scudder Quality Growth Fund Fund Profile July 1, 1996 Scudder Quality Growth Fund 1. What Is The Fund's Objective? Scudder Quality Growth Fund seeks long-term growth of capital through investment primarily in the equity securities of seasoned, financially strong U.S. growth companies. ---------------------------------------------------------- 2. What Does The Fund Invest In? The Fund invests at least 65% of its total assets in the equity securities of seasoned, financially strong U.S. growth companies. The common stocks in which the Fund invests qualify, at the time of purchase, for one of the three highest equity ranking categories of Standard & Poor's or, if not ranked, are of equivalent quality as determined by Scudder. The Fund emphasizes well managed medium- to large-sized companies with prospects for above average growth in earnings, cash flow or assets relative to the overall market as defined by the S&P 500. The Fund generally emphasizes investments in U.S. companies, although it may invest in foreign securities that meet the same criteria as the Fund's domestic holdings. ---------------------------------------------------------- 3. What Are The Risks Of Investing In The Fund? Movements of the stock market will affect the Fund's share price, which is likely to vary from day to day. The value of your investment may decline as a result of declines in the overall stock market or in the types of securities held in the Fund's portfolio. In rising markets, the types of stocks emphasized in the Fund may underperform other sectors of the stock market. ---------------------------------------------------------- 4. For Whom Is This Fund Appropriate? You may wish to consider this Fund if you are seeking long-term growth of capital and: o plan to hold your investment for several years, o can tolerate fluctuations in share price, o have or plan to have other investments for the benefit of diversification, and o understand the risks of stock market investing 5. What Are The Fund's Expenses And Fees? There are two kinds of expenses that a shareholder may incur, directly or indirectly, by investing in a mutual fund. These types of expenses, as they relate to Scudder Quality Growth Fund are: Shareholder transaction expenses -- Expenses charged directly to your account for various transactions. Sales Commission None Commissions to Reinvest Dividends None Redemption Fee None Exchange Fee None Annual Fund operating expenses -- Expenses paid by the Fund before it distributes its net investment income, expressed as a percentage of the Fund's average daily net assets. Figures below are for the fiscal year ended October 31, 1995. Investment management fee 0.70% 12b-1 fees None Other expenses 0.47% ----- Total Fund operating expenses 1.17% ===== Example: Assuming a 5% annual return and redemption at the end of each period, the total expenses relating to a $1,000 investment would be: 1 Year 3 Years 5 Years 10 Years ------ ------- ------- -------- $12 $37 $64 $142 This example assumes reinvestment of all dividends and distributions and that the total Fund operating expenses listed above remain the same each year. This example should not be considered a representation of past or future expenses or return. Actual Fund expenses and return vary from year to year and may be higher or lower than those shown. Please note that there is a $5 service fee if you request redemption proceeds via wire. 6. How Has The Fund Performed Historically? This chart shows how the Fund has performed since it commenced operations on May 15, 1991, assuming reinvestment of all distributions. Performance is historical and may not be indicative of future results. Total return and principal value will fluctuate. BAR CHART TITLE: Total returns for years ended December 31: CHART DATA: 1992 6.66% 1993 -0.01% 1994 -1.34% 1995 32.50%
One Year Life of Fund -------------------------- The Fund's Average Annual Total Return for the period ended June 30, 1996 24.02% 14.23%
---------------------------------------------------------- 7. Who Manages The Fund? The Fund's investment adviser is Scudder, Stevens & Clark, Inc., a leading provider of U.S. and international investment management for clients throughout the world. ---------------------------------------------------------- 8. How Can I Invest? To make it easy for you to open an account, you may invest by mail, phone, fax, or in person. The minimum initial investment is only $1,000. Thereafter, additional investments may be made for as little as $100. You may also exchange Fund shares free of charge within the Scudder Family of Funds. ---------------------------------------------------------- 9. How Can I Redeem Shares? You may redeem shares at the current share price on any business day by telephone, fax, or mail. ---------------------------------------------------------- 10. When Are Distributions Made? The Fund typically makes dividends and capital gains distributions, if any, in December. You may elect to receive distributions in cash or have them reinvested in additional shares of the Fund. 11. What Services Does Scudder Provide? As a shareholder, you'll enjoy: o professional service from representatives who can answer your questions and execute your transactions o automated toll-free touchtone access to account information, share prices and yields, and to perform transactions o Scudder's quarterly shareholder newsletter, Perspectives o regular, informative reports about the performance of your Fund Scudder wants you to make informed investment decisions. This Fund Profile contains key information about Scudder Quality Growth Fund. More details appear in the Fund's accompanying prospectus. Please read it carefully before you invest. If you have any questions, please call 1-800-225-2470. -----END PRIVACY-ENHANCED MESSAGE-----