IDS CALIFORNIA TAX EXEMPT TRUST
497, 1995-02-17
Previous: IDS CALIFORNIA TAX EXEMPT TRUST, 497, 1995-02-17
Next: IDS SPECIAL TAX EXEMPT SERIES TRUST, N-30D, 1995-02-17


<PAGE>
PAGE 1
Statement of Additional Information
Supplement - Feb. 23, 1995*


IDS Special Tax-Exempt Series Trust
     IDS  California Tax-Exempt Fund
     IDS Massachusetts Tax-Exempt Fund
     IDS Michigan Tax-Exempt Fund
     IDS Minnesota Tax-Exempt Fund
     IDS New York Tax-Exempt Fund
     IDS Ohio Tax-Exempt Fund


For purposes of complying with one state's laws, the funds' policy
on investing in options is modified to add the following:



Each fund will not purchase puts, calls, staddles, spreads, and any
combination thereof if by reason thereof the value of its aggregate
investments in such classes of securities will exceed 5% of its 
total assets.




S-6331 A (2/95)
*Destroy - March 20, 1995.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission