South Carolina Prospectus of Scudder growth and income fund
Description
How to fill out Prospectus Of Scudder Growth And Income Fund?
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FAQ
While maximizing current income is its primary goal, the fund also seeks long-term capital appreciation and attractive risk-adjusted returns. This means that while the fund is going to seek out the highest possible income for investors, it aims to not sacrifice quality or principal.
The investment objective of the Fund is to maximize current income consistent with preservation of capital and prudent investment management. Long-term capital appreciation is a secondary objective.
Generally, the minimum initial investment for class A and C shares is $1,000 per fund. However, the initial fund minimum is lowered to $250 per fund if you establish an Automatic Investment Plan (AIP). The minimum subsequent purchase is $50 per fund. Class R shares have no initial or subsequent investment minimums.
The fund's risk for the trailing three, five and 10 years is considered below average by Morningstar relative to the peer funds in its category. The fund's level of return is high for the trailing three, five and 10 years.
A growth and income fund is class of mutual fund or exchange-traded fund (ETF) that has a dual strategy of both capital appreciation (growth) and current income generated through dividends or interest payments.
DWS Scudder changed its name to DWS Investments, completing a rebranding started two years ago to align with Deutsche Bank Asset Management (DeAM).
Effective February 6, 2006, Scudder Investments will change its name to DWS Scudder and the Scudder funds will be renamed DWS funds. The Trusts/Corporations that the funds are organized under will also be renamed DWS.
A minimum investment is the smallest dollar or share quantity that an investor can purchase when investing in a specific security, fund, or opportunity. A hedge fund, for example, may require that their clients deposit at least $100,000 with the firm. Or, a mutual fund may require at least $3,000 to be invested.
