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IDS CASH MANAGEMENT FUND
Fund Profile
dated Dec. 22, 1995
This profile contains key information about the Fund. More details
appear in the Fund's accompanying prospectus.
1. Goal: The Fund is a money market fund managed to provide
maximum current income consistent with liquidity and stability of
principal.
2. Investment Strategies: The Fund invests primarily in short-term
government securities, bank obligations, commercial paper and
repurchase agreements.
3. Risks: The Fund will use its best efforts to maintain a
constant net asset value of $1 per share, although the Fund cannot
guarantee that it will always be able to do so. Shares in the Fund
are not deposits or obligations of, or guaranteed or endorsed by,
any bank, and shares are not federally insured by the Federal
Deposit Insurance Corporation, the Federal Reserve Board or any
other agency.
4. Appropriateness: The Fund is designed for investors seeking
stability of principal while earning current income.
5. Fees and Expenses: Shareholder transaction expenses are
incurred by an investor upon the redemptions of Class B shares
within six years. Fund operating expenses are paid out of the
Fund's assets and are not charged directly to shareholder accounts,
and are reflected in the Fund's daily share price and dividends.
Shareholder transaction expenses
Class A Class B Class Y
Maximum sales charge on purchases
(as a percentage of offering price).......0% 0% 0%
Maximum deferred sales charge imposed
on redemptions (as a percentage of
original purchase price)..................0% 5% 0%
Annual fund operating expenses*
(% of average daily net assets):
Class A Class B Class Y
Management fee 0.30% 0.30% 0.30%
12b-1 fee 0.00% 0.75% 0.00%
Other expenses 0.35% 0.36% 0.35%
Total 0.65% 1.41% 0.65%
* Expenses for Class A are based on actual expenses for the last
fiscal year, restated to reflect current fees. Expenses for
Class B and Class Y are estimated based on the restated expenses <PAGE>
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for Class A, except that the 12b-1 fee and transfer agency fee
(under other expenses) for Class B are based on agreements for
that class and that Class Y does not have a service fee.
Example: Suppose for each year for the next 10 years, Fund
expenses are as above and annual return is 5%. If you sold your
shares at the end of the following years, for each $1,000 invested,
you would pay total expenses of:
1 year 3 years 5 years 10 years
Class A $ 7 $21 $36 $ 81
Class B $64 $85 $97 $149**
Class B* $14 $45 $77 $149**
Class Y $ 7 $21 $36 $ 81
* Assuming Class B shares are not redeemed at the end of the
period.
** Based on conversion of Class B shares to Class A shares after
eight years.
This example does not represent actual expenses, past or future.
Actual expenses may be higher or lower than those shown.
6. Past Performance:
Performance
(Average Annual Returns 1985-1994)
10
9 XXX
8 XXX XXX
7 XXX
6 XXX XXX XXX
5
4
3 XXX XXX
2 XXX
1
0 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994
7.8 6.4 6.2 7.1 8.8 7.7 5.5 2.9 2.3 3.4
The graph above does not reflect the imposition of a sales charge
at the time of purchase or redemption.
The Fund's annualized simple yield for the seven days ending Sept.
30, 1995 was 5.22% for Class A, 4.47% for Class B and 5.22% for
Class Y. The Fund's annualized compound yield for the same period
was 5.36% for Class A, 4.57% for Class B and 3.36% for Class Y.
For current yield information, call American Express Shareholder
Service at 612-671-3733 or American Express Infoline at 800-272-
4445 (Mpls./St. Paul area: 671-1630). Returns shown should not be
considered a representation of the Fund's future performance.
7. Investment Advisor: The Fund's investment advisor is American
Express Financial Corporation.
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8. Purchases: You may purchase shares by contacting your financial
advisor. The minimum initial investment (other than investments by
wire) is $2,000. Shares in the Fund are offered without a sales
charge although Class B shares may be subject to a contingent
deferred sales charge ranging from 5% to 1% on redemptions made
within six years and are subject to annual distribution (12b-1)
fees.
9. Redemptions: To sell (redeem) your shares, contact your
financial advisor. Holders of Class B shares may be subject to a
sales charge if they redeem within six years of purchase.
10. Distributions: The Fund distributes its net investment income,
including short-term capital gains, to shareholders of record
monthly. Net realized long-term capital gains, if any, from
selling securities are distributed at the end of the calendar year.
Dividends and capital gain distributions are automatically
reinvested in additional shares of the Fund unless you make
alternative arrangements.
11. Other Services: You may redeem or exchange shares, and obtain
additional information about your account and the Fund, by
telephone. The Fund also provides telephone service for the
hearing impaired. To help you track and evaluate the performance
of your shares, American Express Financial Corporation provides you
with quarterly statements, yearly tax statements and a personalized
mutual fund progress report.
