Prospectus Supplement February 3, 1999*
IDS Managed Allocation Fund (Nov. 27, 1998) S-6141 N (11/98)
The following paragraph will be added to the "Portfolio management team" section
of the prospectus:
Jake Hurwitz and Kent Kelley began managing the equity portion of the Portfolio
in January 1999. Jake also manages the equity portion of IDS Strategy Aggressive
Fund. Previously, Jake served as senior vice president at Travelers Investment
Management Company, an affiliate of Smith Barney Asset Management. Kent also
manages the equity portion of IDS Strategy Aggressive Fund. Previously, Kent was
chief executive officer of Travelers Investment Management Company.
S-6141-21 (2/99)
*Valid until next prospectus update
Destroy -Nov. 30, 1999
