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Prospectus Supplement June 27, 1997*
IDS Emerging Markets Fund (Oct. 31, 1996) S-6354 A (10/96)
The following is added at page 7 under Performance and is intended to update the
financial infromation in the prospectus:
Financial highlights
The table below shows certain important financial information for evaluating the
Fund's results.
Period ended April 30,
Per share income and capital changes (a)
Class A Class B Class Y
1997(b) 1997(b) 1997(b)
Net asset value, $5.00 $5.00 $5.00
beginning of period
Income from investment operations:
Net investment income (loss) -- (.01) .01
Net gains (both realized .68 .66 .67
and unrealized)
Total from investment operations .68 .65 .68
Less distributions:
Distributions from net (.01) -- (.01)
investment income
Net asset value, $5.67 $5.65 $5.67
end of period
Ratios/supplemental data
Class A Class B Class Y
1997(b) 997(b) 1997(b)
Net assets, end of period $114 $46 $ --
(in millions)
Ratio of expenses to 1.97%(cg) 2.74%(cg) 1.73%(cg)
average daily net assets (e)
Ratio of net income (loss) (.21%)(c) (1.00%)(c) .25%(c)
to average daily net assets
Portfolio turnover rate 13% 13% 13%
(excluding short-term securities
for the underlying Portfolio)
Total return (d) 13.5% 13.1% 13.6%
Average brokerage commission $.0030 $.0030 $.0030
rate for the underlying Portfolio (f)
a For a share outstanding throughout the period. Rounded to the nearest cent.
b Period from Nov. 13, 1996 (inception date) to April 30, 1997 (Unaudited).
c Adjusted to an annual basis.
d Total return does not reflect payment of a sales charge.
e Expense ratio is based on total expense of the Fund before reduction of
earning credits on cash balances. f The Fund is required to disclose an average
brokerage commission rate per share for security trades on which commissions are
charged. The comparability of this information may be affected by the fact
that commission rates per share vary significantly among foreign countries.
g During the period from Nov. 13, 1996 to April 30, 1997, AEFC reimbursed the
Fund for certain expenses. Had AEFC not done so, the annual ratios of expenses
would have been 2.22%, 2.99% and 2.76% for Class A, B and Y, respectively.
S-6354-1 A (6/97)
*Valid until next prospectus update
Destroy Dec. 30, 1997
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PART C SUPPLEMENT June 27, 1997*
IDS Global Series, Inc. Post-Effective Amendment No. 26
(File No. 33-25824)
The following is added to item 24(a) of Part C:
IDS Global Series, Inc. - IDS Emerging Markets Fund
Statement of assets and liabilities, May 31, 1997
Statement of operations, for the one month ended May 31, 1997
Statement of changes in net assets, for the one month ended May 31, 1997:
Financial statements
Statement of assets and liabilities
IDS Emerging Markets Fund
May 31, 1997
Assets
(Unaudited)
Investment in Emerging Markets Portfolio $203,248,714
Organizational costs 43
Total assets 203,248,757
Liabilities
Accrued distribution fee 1,180
Accrued service fee 941
Accrued transfer agency fee 1,182
Accrued administrative services fee 538
Other accrued expenses 40,916
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Total liabilities 44,757
Net assets applicable to outstanding capital stock $203,204,000
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Represented by
Capital stock -- $.01 par value $ 335,186
Additional paid-in capital 186,670,247
Excess of distributions over net investment income (31,121)
Accumulated net
realized gain 41,143
Unrealized appreciation of investments and on translation
of assets and liabilities in foreign currencies 16,188,545
Total -- representing net assets applicable to outstanding
capital stock $203,204,000
Net assets applicable to outstanding shares:
Class A $143,859,721
Class B $ 59,343,065
Class Y $ 1,214
Net asset value per share of outstanding capital stock:
Class A shares 23,705,356 $ 6.07
Class B shares 9,813,061 $ 6.05
Class Y shares 200 $ 6.07
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Statement of operations
IDS Emerging Markets Fund
For the one month ended May 31, 1997
Investment income
(Unaudited)
Income:
Dividends $141,554
Interest 281,364
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Total income 422,918
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Expenses:
Expenses, including investment management services fee,
allocated from Emerging Markets Portfolio 160,077
Distribution fee -- Class B 31,430
Transfer agency fee 38,193
Incremental transfer agency fee-- Class B 869
Service fee
Class A 17,861
Class B 7,333
Administrative services fees and expenses 14,397
Compensation of board members 1,380
Postage 3,032
Registration fees 24,407
Reports to shareholders 1,378
Audit fees 143
Other 658
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Total expenses 301,158
Earnings credits on cash balances (226)
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Total net expenses 300,932
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Investment income -- net 121,986
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Realized and unrealized gain -- net
Net realized gain on security and foreign currency
transactions 1,162,030
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Net change in unrealized appreciation or depreciation of
investments and on translation of assets and liabilities
in foreign currencies 11,429,513
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Net gain on investments and foreign currencies 12,591,543
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Net increase in net assets resulting from operations $12,713,529
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Financial statements Statement of changes in net assets IDS Emerging Markets
Fund For the one month ended May 31, 1997
Operations
(Unaudited)
Investment income -- net $ 121,986
Net realized gain on investments and foreign currencies 1,162,030
Net change in unrealized appreciation or depreciation of
investments and on translation of assets and liabilities
in foreign currencies 11,429,513
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Net increase in net assets resulting from operations 12,713,529
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Capital share transactions
Proceeds from sales
Class A shares 23,835,557
Class B shares 9,923,369
Payments for redemptions
Class A shares (3,195,748)
Class B shares (283,785)
Class Y shares (18,127)
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Increase in net assets from capital share transactions 30,261,266
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Total increase in net assets 42,974,795
Net assets at beginning of period 160,229,205
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Net assets at end of period
(excess of distributions over net investment
income of $(31,121)) $203,204,000
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*Valid until next prospectus update
