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Statement of Additional Information
Supplement----July 31, 1995*
IDS Strategy Aggressive Fund Form No. S-6381-20 A (3/95)
IDS Equity Value Fund Form No. S-6382-20 A (3/95)
The following policy was added in the "Additional Investment
Policies" section:
' The fund may maintain a portion of its assets in cash and cash
equivalent investments. The cash-equivalent investments the fund
may use are short-term U.S. and Canadian government securities and
negotiable certificates of deposit, non-negotiable fixed-time
deposits, bankers' acceptances and letters of credit of banks or
savings and loan associations having capital, surplus and undivided
profits (as of the date of its most recently published annual
financial statements) in excess of $100 million (or the equivalent
in the instance of a foreign branch of a U.S. bank) at the date of
investment. Any cash-equivalent investment in foreign securities
will be subject to the limitations on foreign investments described
in the prospectus. The fund also may repurchase short-term
corporate notes and obligations rated in the top two
classifications by Moody's Investors Service, Inc. or Standard &
Poor's Corporation or the equivalent and may use repurchase
agreements with broker-dealers registered under the Securities
Exchange Act of 1934 and with commercial banks. A risk of a
repurchase agreement is that if the seller seeks the protection of
the bankruptcy laws, the fund's ability to liquidate the security
involved could be impaired.
S- 6386A (7/95)
*Valid until next prospectus update.
