IDS STRATEGY FUND INC
497, 1999-02-01
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Prospectus Supplement February 3, 1999*

IDS Strategy Fund, Inc.
         IDS Strategy Aggressive Fund (May 30, 1998) S-6381 F (5/98)

The following  paragraph will be added to the "Portfolio manager" section of the
prospectus:

Jake  Hurwitz and Kent Kelley began  managing the equity  portion of the Fund in
January 1999.  Jake also manages the equity  portion of Total Return  Portfolio.
Previously,  Jake  served as  senior  vice  president  at  Travelers  Investment
Management Company, an affiliate of Smith Barney Asset Management. Kent and also
manages the equity portion of Total Return Portfolio. Previously, Kent was chief
executive officer of Travelers Investment Management Company.


S-6381-1 (2/99)
* Valid until next prospectus update

Destroy -May 31, 1999



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