IDEX MUTUAL FUNDS
Supplement dated August 1, 2000 to Statement of Additional
Information dated June 15, 2000
The following paragraph replaces the information found on page 58, under the
header "Class A Share Dealer Reallowances (all funds except IDEX JCC Flexible
Income, IDEX AEGON Income Plus and IDEX Federated Tax Exempt):
CLASS A SHARE DEALER REALLOWANCES
(all funds except IDEX JCC Flexible Income, IDEX AEGON Income
Plus and IDEX Federated Tax Exempt):
Amount of Purchase Reallowance to Dealers as a%
------------------ Of Offering Price
----------------------------
Under $50 Thousand 4.75%
$50 Thousand to under $100 Thousand 4.00%
$100 Thousand to under $250 Thousand 2.75%
$250 Thousand to under $500 Thousand 2.25%
$500 Thousand to under $1 Million 1.75%
For purchases of $1 Million and above:
$1 Million to under $5 Million 1.00%
$5 Million to under $50 Million Plus 0.50%
$50 Million and above Plus 0.25%
The following paragraph replaces the information found on page 58, under the
header "Class A Share Dealer Reallowances (IDEX JCC Flexible Income, IDEX AEGON
Income Plus and IDEX Federated Tax Exempt):
CLASS A SHARE DEALER REALLOWANCES
(IDEX JCC Flexible Income, IDEX AEGON Income Plus and
IDEX Federated Tax Exempt):
Amount of Purchase Reallowance to Dealers as a%
------------------ Of Offering Price
----------------------------
Under $50 Thousand 4.00%
$50 Thousand to under $100 Thousand 3.25%
$100 Thousand to under $250 Thousand 2.75%
$250 Thousand to under $500 Thousand 1.75%
$500 Thousand to under $1 Million 1.00%
For purchases of $1 Million and above:
$1 Million to under $5 Million 0.50%
$5 Million and above Plus 0.25%
