Deutsche Asset Management Settlement Website
Home | Distribution
Summary
| Related
Links
| Frequently Asked
Questions (F.A.Q.)
| Tax
Information
| Retirement Plan
Information
| Contact
Information

Effective June 30, 2010, the Deutsche Asset Management New York Attorney General settlement has been completed and is now closed.

Checks presented for payment are no longer being honored. Any attempt to negotiate a check could result in a fee being charged to you by your bank. The Deutsche Asset Management NYAG Settlement, the Distribution Consultant, Deutsche Asset Management, and the Fund Administrator are not responsible for any banking fees you may incur from your bank.

If you have a question regarding your investments with Deutsche Asset Management, please see the "Contact Information" section of the website. These numbers are for investment questions only. They will not be able to answer questions regarding the settlement.

Thank you

Welcome to the Deutsche Asset Management Settlement Website

This informational website has been created to assist shareholders with their understanding of the Assurance of Discontinuance dated December 20, 2006, between the Attorney General of the State of New York (NYAG) and Deutsche Asset Management, Inc., Deutsche Investment Management Americas, Inc., and Deutsche Bank Securities, Inc. (The Respondents) concerning an investigation of market timing within the Scudder Family of Mutual Funds from January 1998 through September 2003.

This website will also help to answer questions concerning the Securities and Exchange Commission (SEC) Administrative Proceeding File No. 3-12513, dated December 21, 2006 with Deutsche Asset Management, Inc. and Deutsche Investment Management Americas, Inc. The Administrative Proceeding resulted from an SEC investigation on market timing within the Scudder Family of Mutual Funds, which was conducted in parallel with the NYAG.

Included in some shareholders settlement checks is a distribution from the Bear, Stearns Fair Fund Settlement. A link to the Bear, Stearns Settlement website can be found in the Related Links page of this web site.


Pages have been created for each of the following categories:

Distribution Summary

This page provides a brief history of the events leading up to the settlement as well as an overview of the settlement agreement. This section also has the listing of the affected funds.

Related Links

This page contains links to various documents related to the Assurance of Discontinuance and the SEC Administrative Proceeding that will help shareholders understand the terms of this settlement. There is also a link to access the Bear, Stearns Fair Fund Settlement website.

Frequently Asked Questions (F.A.Q.)

This page provides a series of answers to the most Frequently Asked Questions regarding the Deutsche Asset Management distribution.

Tax Information

This page contains the Statement to Eligible Investors and a substitute W4-P and W-9 for shareholders who may need to have their checks reissued.

Retirement Plan Information

This page contains information regarding ERISA type retirement plans along with links to websites you may need. There are also links to forms which may be required to have a check made payable to yourself.

Contact Information

This page provides contact information for both the Fund Administrator and the Deutsche Asset Management distribution.


Home | Distribution Summary | Related Links | Frequently Asked Questions (F.A.Q.) | Tax Information | Retirement Plan Information | Contact Information