EXHIBIT 17

                                  FORM OF PROXY

                  [LOGO]                             YOUR VOTE IS IMPORTANT!
                [ADDRESS]
                                                      VOTE TODAY BY MAIL,
                                                TOUCH-TONE PHONE OR THE INTERNET
                                                CALL TOLL FREE 1-XXX-XXX-XXXX OR
                                                LOG ON TO WWW.PROXYWEB.COM/XXXXX

*** CONTROL NUMBER: XXX XXX XXX XXX XX ***

PLEASE FOLD AND DETACH CARD AT PERFORATION BEFORE MAILING.

                                 [ACQUIRED FUND]
                          [ACQUIRED TRUST/CORPORATION]
                                    [address]
                  PROXY FOR THE SPECIAL MEETING OF SHAREHOLDERS
                                [time], on [date]

     The undersigned hereby appoints __________, ____________ and ____________,
and each of them, the proxies of the undersigned, with the power of substitution
to each of them, to vote all shares of the [Acquired Fund] (the "Fund") which
the undersigned is entitled to vote at the Special Meeting of Shareholders of
the Fund to be held at the offices of Scudder Kemper Investments, Inc.,
[address], on [date] at [time], Eastern time, and at any adjournments thereof.

                                                 PLEASE SIGN AND RETURN PROMPTLY
                                                 IN THE ENCLOSED ENVELOPE.  NO
                                                 POSTAGE IS REQUIRED.

                                                 Dated ____________________,2000

                                                 PLEASE SIGN EXACTLY AS YOUR
                                                 NAME OR NAMES APPEAR. WHEN
                                                 SIGNING AS AN ATTORNEY,
                                                 EXECUTOR, ADMINISTRATOR,
                                                 TRUSTEE OR GUARDIAN, PLEASE
                                                 GIVE YOUR FULL TITLE AS SUCH.

                                                 -------------------------------
                  [NAME]
                  [ADDRESS]                      -------------------------------
                                                 SIGNATURE(S) OF SHAREHOLDER(S)





                       [LOGO]                        YOUR VOTE IS IMPORTANT!
                     [ADDRESS]
                                                       VOTE TODAY BY MAIL,
                                                TOUCH-TONE PHONE OR THE INTERNET
                                                CALL TOLL FREE 1-XXX-XXX-XXXX OR
                                                LOG ON TO WWW.PROXYWEB.COM/XXXXX

           PLEASE FOLD AND DETACH CARD AT PERFORATION BEFORE MAILING.

     ALL PROPERLY EXECUTED PROXIES WILL BE VOTED AS DIRECTED. IF NO INSTRUCTIONS
ARE INDICATED ON A PROPERLY EXECUTED PROXY, THE PROXY WILL BE VOTED FOR APPROVAL
OF THE PROPOSALS.

THE PROXY IS SOLICITED ON BEHALF OF THE BOARD OF [TRUSTEES/DIRECTORS] OF THE
[ACQUIRED FUND]. THE BOARD OF [TRUSTEES/DIRECTORS] RECOMMENDS A VOTE FOR THE
PROPOSALS.

                   PLEASE VOTE BY FILLING IN THE BOXES BELOW.

                                                      FOR     AGAINST    ABSTAIN
PROPOSAL 1

To elect Trustees to the Board of Trustees
of the Portfolio to hold office until their
respective successors have been duly elected          / /       / /         / /
and qualified or until their earlier
resignation or removal.

NOMINEES:
(01) __________, (02) ____________, (03) _________, (04) ______________, (05)
______________, (06) __________, (07) ______________, (08)_______________, (09)
____________.

INSTRUCTION: TO WITHHOLD AUTHORITY TO VOTE
FOR ANY INDIVIDUAL NOMINEE, WRITE THE
NAME(S) ON THE LINE IMMEDIATELY BELOW.

- ----------------------------------------------------
PROPOSAL 2

To approve an Agreement and Plan of
Reorganization for the Fund whereby all or
substantially all of the assets an                    / /       / /         / /
liabilities of the Fund would be acquired by
[Acquiring Fund] in exchange for shares of
the [class] of the [Acquiring Fund].

PROPOSAL 3

To ratify the selection of
PricewaterhouseCoopers LLP as the Fund's              / /       / /         / /
independent accountants for the current
fiscal year.





THE PROXIES ARE AUTHORIZED TO VOTE IN THEIR DISCRETION ON ANY OTHER BUSINESS
WHICH MAY PROPERLY COME BEFORE THE MEETING AND ANY ADJOURNMENTS THEREOF.

                           PLEASE SIGN ON REVERSE SIDE