<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> AXP GLOBAL GROWTH FUND CLASS Y
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 1255
<ASSETS-OTHER> 2166812439
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2166813694
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 113121
<TOTAL-LIABILITIES> 113121
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1586048048
<SHARES-COMMON-STOCK> 2602955
<SHARES-COMMON-PRIOR> 2812242
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 6079214
<ACCUMULATED-NET-GAINS> 288309813
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 298421926
<NET-ASSETS> 25601385
<DIVIDEND-INCOME> 7177537
<INTEREST-INCOME> 1603936
<OTHER-INCOME> 0
<EXPENSES-NET> 14816491
<NET-INVESTMENT-INCOME> (6035018)
<REALIZED-GAINS-CURRENT> 288321246
<APPREC-INCREASE-CURRENT> 24717842
<NET-CHANGE-FROM-OPS> 307004070
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 156601
<DISTRIBUTIONS-OF-GAINS> 2678427
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1132264
<NUMBER-OF-SHARES-REDEEMED> 1625338
<SHARES-REINVESTED> 283787
<NET-CHANGE-IN-ASSETS> 416580564
<ACCUMULATED-NII-PRIOR> 6159273
<ACCUMULATED-GAINS-PRIOR> 184029103
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 91305
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14864420
<AVERAGE-NET-ASSETS> 28539254
<PER-SHARE-NAV-BEGIN> 9.20
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 1.66
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> .96
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.84
<EXPENSE-RATIO> 1.05
</TABLE>