November 1, 1999
Securities and Exchange Commission
450 Fifth St. N.W.
Mail Stop 5-6
ATTN: Zandra Y. Bailes, Document Control - EDGAR
Washington, D.C. 20549-1004
Re: AXP Variable Portfolio - Investment Series, Inc.
(Formerly known as IDS Life Investment Series, Inc.)
AXP Variable Portfolio - Blue Chip Advantage Fund
AXP Variable Portfolio - Capital Resource Fund
AXP Variable Portfolio - Growth Fund
AXP Variable Portfolio - International Fund
AXP Variable Portfolio - New Dimensions Fund
AXP Variable Portfolio - Small Cap Advantage Fund
AXP Variable Portfolio - Strategy Aggressive Fund
Post-Effective Amendment No. 40
File No. 2-73115/811-3218
Dear Ms. Bailes:
Registrant certifies that the form of prospectus and Statement of Additional
Information that would have been filed under paragraph (c) of Rule 497 would not
have differed from that contained in the most recent Registration Statement or
Amendment, and the text of the most recent Registration Statement or Amendment
has been filed electronically.
Sincerely,
AXP VARIABLE PORTFOLIO - INVESTMENT SERIES, INC.
AXP Variable Portfolio - Blue Chip Advantage Fund
AXP Variable Portfolio - Capital Resource Fund
AXP Variable Portfolio - Growth Fund
AXP Variable Portfolio - International Fund
AXP Variable Portfolio - New Dimensions Fund
AXP Variable Portfolio - Small Cap Advantage Fund
AXP Variable Portfolio - Strategy Aggressive Fund
_________________________
Leslie L. Ogg
Vice President
LLO/CLGE/jj
