<PAGE>
Prospectus Supplement
October 1, 1997*
IDS Global Balanced Fund (Oct. 31, 1996) S-6352 A (10/96)
IDS International Fund (Dec. 30, 1996) S-6140 K (12/96)
The "Portfolio manager" sections of the above prospectuses are revised to delete
the references to Paul Hopkins and to add the following:
Portfolio manager
Peter Lamaison joined AEFC in 1981 and currently serves as portfolio manager. He
provides day-to-day portfolio management for the international equities portion
of Total Return Portfolio. He also serves as president and chief executive
officer of American Express Asset Management International Inc.
S-6149 C (10/97)
*Valid until next prospectus update
Destroy Dec. 30, 1997