<PAGE>
PAGE 1
Prospectus Supplement
January 4, 1995*
IDS Strategy Fund, Inc.
IDS Strategy, Aggressive Equity Fund (May 27, 1994)
Form No. S-6380 H (5/94)
The prospectus for the above fund dated May 27, 1994, is modified
to read as follows:
In the section titled "Portfolio Managers - Aggressive Equity"
David Bayer joined American Express Financial Corporation in 1992.
He became portfolio manager of Aggressive Equity fund in July 1994.
He previously held the position of senior analyst. Prior to
joining American Express Financial Corporation, he had been an
analyst with Montgomery Securities.
Form S-6380-1 A (1/95)
*Valid until next prospectus update