Scudder announced that its Scudder Micro Cap Fund reopened to new investors Nov. 6. The fund had been closed to new investors as of Sept. 22, 1997, after assets reached $100 million. The fund was reopened because its managers felt that there are "many attractive opportunities available" in the micro cap category, according to a statement. Scudder intends to close the fund again to new investors when total net assets surpass $150 million.
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