INVESTORS MUNI CASH FUND NEW YORK-TNYXX
The fund seeks to provide maximum current income that is exempt from Federal, New York State and New York City income taxes, to the extent consistent with stability of capital. The fund pursues its goal by investing in high quality,
short-term securities, as well as certain repurchase agreements.
SCUDDER TAX EXEMPT CALIFORNIA-TXCXX
The fund seeks maximum current income that is exempt from Federal and State of
California
income taxes to the extent consistent with stability of capital. To pursue its goal, the fund normally invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in municipal securities and other securities whose income is free from
California
and Federal income tax and from Alternative Minimum Tax (AMT).
RESERVE TAX EXEMPT
CONNECTICUT
,
VIRGINIA
, MASS. -RCOXX, RVAXX, RMEXX
The investment objective of the Connecticut Tax- Exempt Fund, Massachusetts Tax-Exempt Fund, and Virginia Tax-Exempt Fund, each referred to as a State Tax-Exempt Fund, is to seek as high a level of short-term interest income exempt from Federal income taxes, including the Federal Alternative Minimum Tax (AMT), and from state and local income, intangible and/or property taxes, if any, as is consistent with preservation of capital and liquidity.
CAPITAL ASSET FUND MONEY MARKET PORTFOLIO-CAMXX
The portfolio seeks maximum current income consistent with stability of capital. The portfolio pursues its goal by investing exclusively in high quality short-term securities, as well as certain repurchase agreements that are backed by high-quality securities. The portfolio may invest in high quality, short-term, US dollar denominated money market instruments paying a fixed, variable or floating interest rate.
CAPITAL ASSET FUND GOVERNMENT AND AGENCY SECURITIES-CAAXX
The portfolio seeks to provide maximum current income consistent with stability of capital. The portfolio pursues its goal by investing exclusively in US Treasury bills, notes, bonds and other obligations issued or guaranteed by the
US
government, its agencies or instrumentalities and repurchase agreements backed by these securities.
CAPITAL ASSET FUND TREASURY MONEY FUND- CABXX
The portfolio seeks to provide maximum current income that is exempt from Federal income taxes to the extent consistent with stability of capital. The portfolio normally invests at least 80% of net assets in municipal securities, the income from which is free from regular Federal income tax and from Alternative Minimum Tax (AMT).
*A portion of the income may be subject to state, local and the alternative minimum taxes.Please read the prospectuses containing complete information on fees and expenses, before investing or sending money. Investments in money market funds are neither insured nor guaranteed by the U.S. Government and there is no assurance that the Funds will be able to maintain a stable net asset value of $1.00 per share.
Money Market Fund Prospectuses
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