<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> AXP GLOBAL GROWTH FUND CLASS B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 100
<ASSETS-OTHER> 1951811603
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1951811703
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 186149
<TOTAL-LIABILITIES> 186149
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1616457088
<SHARES-COMMON-STOCK> 67455686
<SHARES-COMMON-PRIOR> 51528121
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 282157307
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 53011159
<NET-ASSETS> 575429929
<DIVIDEND-INCOME> 17229111
<INTEREST-INCOME> 4251047
<OTHER-INCOME> 0
<EXPENSES-NET> 30335725
<NET-INVESTMENT-INCOME> (8855567)
<REALIZED-GAINS-CURRENT> 291895851
<APPREC-INCREASE-CURRENT> (220876588)
<NET-CHANGE-FROM-OPS> 62163696
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 18731
<DISTRIBUTIONS-OF-GAINS> 50476975
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19748080
<NUMBER-OF-SHARES-REDEEMED> 8913132
<SHARES-REINVESTED> 5092617
<NET-CHANGE-IN-ASSETS> 201505545
<ACCUMULATED-NII-PRIOR> 6159273
<ACCUMULATED-GAINS-PRIOR> 184029103
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4603201
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 30464860
<AVERAGE-NET-ASSETS> 598013561
<PER-SHARE-NAV-BEGIN> 9.01
<PER-SHARE-NII> (.08)
<PER-SHARE-GAIN-APPREC> .56
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .96
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.53
<EXPENSE-RATIO> 1.98
</TABLE>
