<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM IDS MANAGED
FUTURES II, L.P. FOR THE THIRD QUARTER OF 2000 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH 10-Q.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 5,458,576
<SECURITIES> 0
<RECEIVABLES> 24,337
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 5,482,913
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 5,482,913
<CURRENT-LIABILITIES> 110,193
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 5,372,720
<TOTAL-LIABILITY-AND-EQUITY> 5,482,913
<SALES> 0
<TOTAL-REVENUES> (423,620)
<CGS> 0
<TOTAL-COSTS> 148,963
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (572,583)
<INCOME-TAX> 0
<INCOME-CONTINUING> (572,583)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (572,583)
<EPS-BASIC> (43.56)
<EPS-DILUTED> (43.56)
</TABLE>