The board of directors for a Scudder Investments international fund voted this week to shut down the product, according to a regulatory filing with the Securities and Exchange Commission.

Scudder’s International Research Fund has performed so dismally that Morningstar has given the product its worst rating in comparing it to similar products. The fund, with about $13 million in assets, has posted year-to-date returns of –5.88%, according to Morningstar.

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