<PAGE>
PAGE 1
STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT -
October 7, 1996*
IDS New Dimensions Fund Statement of Additional Information
(September 27, 1996)
Form No. S-6440-20 L (9/96)
The Statement of Additional Information is supplemented as follows:
The table under the section "BROKERAGE COMMISSIONS PAID TO BROKERS
AFFILIATED WITH AMERICAN EXPRESS FINANCIAL CORPORATION" has been
modified to read:
<TABLE>
<CAPTION>
For the Fiscal Period Ended July 31,
1996 1995 1994
Aggregate Percent of Aggregate Aggregate
Dollar Aggregate Dollar Dollar Dollar
Amount of Percent of Amount of Amount of Amount of
Nature Commissions Aggregate Transactions Commissions Commissions
of Paid to Brokerage Involving Payment Paid to Paid to
Broker Affiliation Broker Commissions of Commissions Broker Broker
<S> <C> <C> <C> <C> <C> <C>
Lehman (1) None None None None $199,920
Brothers,
Inc.
American (2) $339,272 5.30% 8.95% $617,469 $888,862
Enterprise
Services,
Inc.
</TABLE>
(1) Under common control with AEFC as a subsidiary of American
Express until May 31, 1994.
(2) Wholly owned subsidiary of AEFC.
S-6440-23
*Destroy Sept. 30, 1997