1 EXHIBIT 17 KEMPER ADJUSTABLE RATE U.S. GOVERNMENT FUND KEMPER SHORT-INTERMEDIATE GOVERNMENT FUND THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF YOUR FUND Special Meeting of Shareholders--December 16, 1998 The undersigned hereby appoints Bruce H. Goldfarb, Kathryn L. Quirk, Thomas F. McDonough and Daniel Pierce and each of them , the proxies or the undersigned with the power of substitution to each of them, to vote all shares of 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, Massachusetts 02110, on Wednesday, December 16, 1998 at _______ eastern time, and at any adjournments thereof. Unless otherwise specified in the squares provided, the undersigned's vote will be cast FOR each numbered item listed below. The Board members of your Fund, including those who are not affiliated with the Fund or Scudder Kemper Investments, Inc., recommend that you vote FOR each item. 1. To approve the new investment Management Agreement between the Fund and Scudder Kemper investments, Inc. (Both Funds); [ ] FOR [ ] AGAINST [ ] ABSTAIN 2. To approve an Agreement and Plan of Reorganization (Short-Intermediate Fund only); 3. To approve a new investment objective and the modification or elimination of certain policies and the elimination of the shareholder approval requirement as to certain other matters (Adjustable Rate Fund only) [ ] FOR ALL EXCEPT AS MARKED BELOW [ ] AGAINST ALL [ ] ABSTAIN ALL 3.1 New Investment Objectives and Policies 3.8 Investment in real estate 3.2 Investment Policies 3.9 Purchase of commodities 3.3 Diversification 3.10 Lending 3.4 Borrowing 3.11 Margin purchases and short sales 3.5 Senior securities 3.12 Pledging of assets 3.6 Concentration 3.13 Purchases of voting securities 3.7 Underwriting of securities 3.14 Purchases of options and warrants 2 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 exactly as your name or names appear. When signing as attorney, executor, administrator, trustee or guardian, please give your full title as such. _______________________________________ (Signature of Shareholder) _______________________________________ (Signature of joint owner, if any) Dated______, 1998 PLEASE SIGN AND RETURN PROMPTLY IN ENCLOSED ENVELOPE, NO POSTAGE IS REQUIRED.