I am full of questions this morning. Over the weekend I read something about scudder funds but it did not explain what they are. Anybody have any idea what a scudder fund is? tia

I find it hard to believe that you asked this question 11 months ago and I didn't answer it.

Anyway, I tried to do a bit of research and came up with:

quote:

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FRANKFURT AM MAIN / NEW YORK, February 2, 2006 – Deutsche Bank today announced that Scudder Investments, the US mutual fund business of its global asset management division Deutsche Asset Management (DeAM), is being rebranded as DWS Scudder.

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So it looks like a Scudder Fund is a Mutual Fund operated and owned by Deutsche Bank.

I noticed the following warning about Scudder Funds:

quote:

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NOT FDIC/NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE
NOT A DEPOSIT NOT INSURED BY ANY FEDERALGOVERNMENT AGENCY

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Also from some (obviously) promotional material:

quote:

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...Scudder, a respected US asset manager founded in 1919. With a strong commitment to superior performance, innovative products and intellectual thought leadership, DWS Scudder offers a comprehensive and diverse family of products and services, including mutual funds and retirement plans.

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Were you thinking of investing in one of the funds?

Thanks for the answer day trading. I had completely fogotten about this posting.

No I was not going to invest in them. I was just curious because I saw the name and had never heard or seen of them before and could not find any other information on the net.