EXHIBIT 17

                                  FORM OF PROXY

                                               YOUR VOTE IS IMPORTANT!

                                                 VOTE TODAY BY MAIL,
                                          TOUCH-TONE PHONE OR THE INTERNET
                                          CALL TOLL FREE 1-888-221-0697 OR
                                          LOG ON TO WWW.PROXYWEB.COM/XXXXX

*** CONTROL NUMBER: xxx xxx xxx xxx xx ***        Please fold and detach card at
                                                  perforation before mailing.
SCUDDER OHIO TAX FREE FUND

PROXY             SPECIAL MEETING OF SHAREHOLDERS - JULY 13, 2000


         The  undersigned  hereby  appoints John Millette,  Kathryn L. Quirk and
John R. Hebble, and each of them, the proxies of the undersigned, with the power
of substitution to each of them, to vote all shares of the above-referenced 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., Two International Place, Boston, MA 02110, on July 13, 2000,
at 3:00 p.m., 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)





                                                 YOUR VOTE IS IMPORTANT!

                                                   VOTE TODAY BY MAIL,
                                            TOUCH-TONE PHONE OR THE INTERNET
                                            CALL TOLL FREE 1-888-221-0697 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 THE FUND. THE BOARD OF TRUSTEES
RECOMMENDS A VOTE FOR THE PROPOSALS.

                   Please vote by filling in the boxes below.

                                             FOR all        WITHHOLD
                                             nominees       authority to
                                             listed         vote for all
                                             (except as     nominees listed
                                             noted in
                                             space
                                             provided)
PROPOSAL 1

To elect  Trustees to hold office  until
their  respective  successors  have been
duly  elected  and  qualified  or  until       ______            ______
their earlier resignation or removal.

NOMINEES:

(01) Henry P. Becton,  Jr. (02) Linda C.
Coughlin (03)  Dawn-Marie  Driscoll (04)
Edgar R.  Fiedler (05) Keith R. Fox (06)
Joan  Edelman  Spero  (07) Jean  Gleason
Stromberg   (08)  Jean  C.  Tempel  (09)
Steven   Zaleznick

INSTRUCTION:  To withhold  authority  to
vote for any individual  nominee,  write
the  name(s)  on  the  line  immediately
below.

- ----------------------------------------

PROPOSAL 2                                   FOR          AGAINST        ABSTAIN

To  approve  an  Agreement  and  Plan of
Reorganization  for the Fund whereby all
or  substantially  all of the assets and
liabilities   of  the   Fund   would  be     ___            ___            ___
acquired  by Scudder  Managed  Municipal
Bonds  in  exchange  for  shares  of the
Class S Shares class of Scudder  Managed
Municipal Bonds.

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