IDEX SERIES FUND
DEFA14A, 2000-10-27
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                            SCHEDULE 14A INFORMATION
                Proxy Statement Pursuant to Section 14 (a) of the
                Securities Exchange Act of 1934 (Amendment No.   )

Filed by the Registrant                    [X]

Filed by a Party other than the Registrant [ ]

Check the appropriate box:

[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of Commission Only
    [as permitted by Rule 14a-6(e) (2)]
[X] Definitive Additional Materials
[ ] Definitive Proxy Statement
[ ] Soliciting Materal Under Rule 14a-12
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                                IDEX MUTUAL FUNDS
                (Name of Registrant as Specified in Its Charter)
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    (Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

Payment of Filing Fee (Check the appropriate box):
[X] No fee required.

[ ] Fee computed on table below per Exchange Act Rules 14a-6(i) and 0-11.

1)       Title of each class of securities to which transaction applies:

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2)       Aggregate number of securities to which transaction applies:



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3)       Per unit price or other underlying value of transaction computed
         pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the
         filing fee is calculated and state how it was determined):

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4)       Proposed maximum aggregate value of transaction:

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5)       Total fee paid:


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[ ]      Fee paid previously with preliminary materials.

[ ]      Check box if any part of the fee is offset as provided by Exchange Act
         Rule 0-11(a) (2) and identify the filing for which the offsetting fee
         was paid previously. Identify the previous filing by registration
         statement number, or the Form or Schedule and the date of its filing.

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1)       Amount Previously Paid:

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2)       Form, Schedule or Registration Statement No.:


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3)       Filing Party:


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4)       Date Filed:

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<PAGE>
                                  YOU HAVE THE
                               POWER . . .
                                  IDEX C.A.S.E. Growth

PLEASE VOTE                         C.A.S.E.          Talk with your
[X] This proposal is                JENNISON          financial professional
to change the fund                  C.A.S.E.          or call IDEX at
sub-adviser to                      JENNISON          1-888-233-4339.
Jennison Associates, LLC            C.A.S.E.
a division of Prudential            JENNISON          Exercise
Insurance Company                   C.A.S.E.          your rights!
of America.                         JENNISON          Fill out your proxy
                                    C.A.S.E.          card and return
See Page 7                          JENNISON          it today!
of the enclosed statement for       C.A.S.E.
more information about              JENNISON          Or by Internet,
Jennison Associates, LLC.           C.A.S.E.          www.proxyvote.com
                                    JENNISON          -----------------
                                    C.A.S.E.
                                    JENNISON          Or by telephone,
                                    C.A.S.E.          1-800-690-6903
                                    JENNISON          and enter the
                                    C.A.S.E.          control number
                                    JENNISON          found on your ballot.

                              IDEX JENNISON EQUITY
                                                OPPORTUNITY
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                     Visit our website at www.idexfunds.com
         IDEX Mutual Funds * P.O. Box 9015 * Clearwater, FL 33758-9015
                        Customer Service 1-888-233-4339
                       Distributor: InterSecurities, Inc.

ISS00001-10/00                                          [IDEX MUTUAL FUNDS LOGO]

<PAGE>
[IDEX MUTUAL FUNDS LOGO]

                           ADDITION TO PROXY STATEMENT
                            DATED SEPTEMBER 25, 2000
                   ON BEHALF OF THE IDEX C.A.S.E. GROWTH FUND
                                October 27, 2000

Proxy materials for the special meeting of shareholders of IDEX C.A.S.E. Growth
(to be held November 29, 2000) have already been distributed to you. This is a
reminder requesting your vote. We encourage you to complete your proxy card and
return it in the enclosed envelope. You may also vote by phone or over the
internet. Please refer to enclosed directions for instructions to place your
vote by phone or the internet. Act now to help the Fund avoid additional
expense! (If you have any questions regarding the proxy materials, please call
IDEX Customer Service at 1-888-233-4339.)

                                 * * * * * * *


As the date of the Meeting approaches, certain shareholders of the Fund that
have not yet returned proxies may receive a call from a representative of the
Fund, seeking authorization to permit the representative to execute the
shareholder's proxy by telephonic instructions. Proxies that are obtained
telephonically during the solicitation process will be recorded in accordance
with the procedures set forth below. Management believes that these procedures
are reasonably designed to ensure the identity of the shareholder casting the
vote is accurately determined and that the voting instructions of the
shareholder are accurately reflected. Furthermore, Management of the Fund
believes that the telephonic voting procedures comply with applicable state law.

When the telephonic proxy is solicited by the Fund's representative, the
representative is required to ask the shareholder for the shareholder's full
name, address, social security or employer identification number, title (if the
person giving the proxy is authorized to act on behalf of an entity, such as a
corporation), the number of shares owned, and to confirm that the shareholder
has received the Proxy Statement in the mail.

If the information solicited agrees with the information provided to the
representative by the Fund, then the representative has the responsibility to
explain the process, read the proposals listed on the proxy card, and ask for
the shareholder's instructions on each proposal. The representative, although he
or she is permitted to answer questions about the solicitation process, is not
permitted to recommend to the shareholder how to vote, other than to read any
recommendations set forth in the Proxy Statement. The representative will record
the shareholder's instructions on the card. Within 72 hours, the Fund will send
the shareholder a letter or mailgram to confirm the shareholder's vote and ask
the shareholder to call the Fund immediately if the shareholder's instructions
are not correctly reflected on the confirmation.

If a shareholder wishes to participate in the Meeting, but does not wish to give
a proxy by telephone, such shareholder may still submit the proxy card
originally sent with the Proxy Statement or in the supplemental mailing, or
attend the Meeting in person. Any proxy given by a shareholder, whether in
writing or by telephone, is revocable. A shareholder may revoke the accompanying
proxy or proxy given telephonically at any time prior to its use by filing with
the Fund a written revocation or duly executed proxy bearing a later date. In
addition, any shareholder who attends the Meeting in person may vote by ballot
at the Meeting, thereby canceling any proxy previously given.

                         [GRAPHIC OF TELEPHONE OMITTED]


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