IDEX MUTUAL FUNDS
IDEX ALGER AGGRESSIVE GROWTH
SUPPLEMENT DATED JUNE 29, 2000 TO PROSPECTUS DATED JUNE 15, 2000,
AS SUPPLEMENTED JUNE 15, 2000
THE FOLLOWING PARAGRAPH REPLACES THE SECOND PARAGRAPH FOUND ON PAGE 56, THE LEFT
HAND COLUMN UNDER THE HEADING "HOW THE IDEX FUNDS ARE MANAGED AND ORGANIZED" -
"IDEX ALGER AGGRESSIVE GROWTH."
SEILAI KHOO has served as co-manager of this fund since June 2000. She has been
employed by Alger as a senior research analyst since 1989 and as a senior vice
president since 1995. Ms. Khoo also serves as a portfolio manager of other Alger
funds.
