The Washington Prospectus of Scudder Growth and Income Fund is a comprehensive document that provides detailed information about this investment option offered by Scudder Funds. This prospectus offers potential investors an in-depth overview of the fund's objectives, investment strategy, risks, and performance. Some essential details covered in the Washington Prospectus of Scudder Growth and Income Fund include: 1. Fund Objective: The primary objective of the Scudder Growth and Income Fund is to seek long-term capital growth and income through investment in a diversified portfolio of equity and fixed-income securities of U.S. companies. 2. Investment Strategy: The prospectus outlines the fund's investment strategy which focuses on investing in companies with the potential for sustained growth and income generation. The investment team utilizes fundamental analysis to identify securities that are believed to be undervalued or have growth potential. 3. Portfolio Composition: The prospectus describes the fund's investment approach, including the allocation of assets across various sectors, industries, and asset classes. It provides details related to the fund's holdings, such as the percentage invested in equity securities versus fixed-income securities. 4. Risk Factors: The prospectus thoroughly assesses the risks associated with investing in the Scudder Growth and Income Fund. It highlights potential risks such as market volatility, economic downturns, interest rate fluctuations, and credit risk. 5. Performance: The Washington Prospectus of Scudder Growth and Income Fund presents historical performance data, showcasing the fund's returns over different time periods, including annualized returns and comparisons to benchmark indices. This information helps investors evaluate the fund's track record and assess its performance relative to its peers. 6. Fees and Expenses: The prospectus provides details about the fees and expenses associated with investing in the Scudder Growth and Income Fund. This includes management fees, advisory fees, distribution fees, and any other charges that may be applicable. Different Types of Washington Prospectus of Scudder Growth and Income Fund: 1. Class A Shares: This type of Scudder Growth and Income Fund is designed for individual investors who are willing to pay upfront sales charges but have access to lower annual expenses. 2. Class B Shares: These shares are typically appropriate for investors who prefer to defer their sales charges but are willing to pay higher annual expenses. Class B shares may convert to Class A shares after a specified period. 3. Class C Shares: Class C shares are suitable for investors who seek to avoid upfront sales charges and prefer shorter holding periods. However, they usually have higher annual expenses compared to Class A and Class B shares. In conclusion, the Washington Prospectus of Scudder Growth and Income Fund serves as a detailed guide for potential investors, offering a comprehensive understanding of the fund's objectives, strategies, risks, performance, and different share classes available for investment.