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Statement of Additional Information
Supplement------September 13, 1995*
IDS Insured Tax-Exempt Fund Form No. S-6327-20 M (8/95)
In the "Additional Investment Policies" section, the following
policy was added:
The fund may make contracts to purchase securities for a fixed
price at a future date beyond normal settlement time (when-issued
securities or forward commitments). Under normal market
conditions, the fund does not intend to commit more than 5% of its
total assets to these practices. The fund does not pay for the
securities or receive dividends or interest on them until the
contractual settlement date. The fund will designate cash or
liquid high-grade debt securities at least equal in value to its
commitments to purchase the securities. When-issued securities or
forward commitments are subject to market fluctuations and they may
affect the fund's total assets the same as owned securities.
S-6327-22 A (9/95)
*Valid until next prospectus update.
