August 13, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
ATTN: Ms. Zandra Y. Bailes, Document Control - EDGAR
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 - Growth Fund
AXP Variable Portfolio - Small Cap Advantage Fund
Post-Effective Amendment No. 38
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 - Growth Fund
AXP Variable Portfolio - Small Cap Advantage Fund
/s/ Leslie L. Ogg
Leslie L. Ogg
Vice President
LLO/BS/dm