<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 15
<NAME> AXP INTERNATIONAL EQUITY INDEX FUND CLASS E
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2001
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 21835850
<INVESTMENTS-AT-VALUE> 22532659
<RECEIVABLES> 54788
<ASSETS-OTHER> 314211
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22901658
<PAYABLE-FOR-SECURITIES> 10524
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 61698
<TOTAL-LIABILITIES> 72222
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21727147
<SHARES-COMMON-STOCK> 2903412
<SHARES-COMMON-PRIOR> 2836948
<ACCUMULATED-NII-CURRENT> 183669
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 260601
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 658019
<NET-ASSETS> 15354164
<DIVIDEND-INCOME> 204737
<INTEREST-INCOME> 24707
<OTHER-INCOME> 0
<EXPENSES-NET> 83297
<NET-INVESTMENT-INCOME> 146147
<REALIZED-GAINS-CURRENT> 128435
<APPREC-INCREASE-CURRENT> (851236)
<NET-CHANGE-FROM-OPS> (576654)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 71490
<NUMBER-OF-SHARES-REDEEMED> 5026
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 569908
<ACCUMULATED-NII-PRIOR> 37522
<ACCUMULATED-GAINS-PRIOR> 132166
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 57822
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 124628
<AVERAGE-NET-ASSETS> 15892750
<PER-SHARE-NAV-BEGIN> 5.42
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> (.16)
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 5.29
<EXPENSE-RATIO> .64
</TABLE>
