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SCUDDER CANADA LAUNCHES NEW FUND

Scudder Canada Investment Services Ltd. announced the introduction of the Scudder U.S. Growth and Income Fund, which became available July 30. It has the same investment approach as the Scudder Growth and Income fund offered in the United States and it is managed by the same team. Canadian advertising for the fund began this week using print ads created by Saatchi & Saatchi Advertising of Toronto. Scudder U.S. Growth and Income Fund was originally introduced in the U.S. in 1984. The American fund has averaged an annual rate of return of 12.74% over the last ten years.

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