SHAREHOLDER RESPONSE SUMMARY REPORT Page: 1
STRATEGIST FUND GROUP
STRATEGIST GROWTH FUND (019)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
1. Approve the Agreement and Plan of Reorganization between the Strategist
Fund and the AXP Fund providing for the acquisition of all assets of the
Strategist Fund by the AXP Fund in exchange for Class A shares of the AXP
Fund and assumption by the AXP Fund of the liabilities of the Strategist
Fund, to be followed by distribution of those Class A shares to the
shareholders of the Strategist Fund and the subsequent termination of
the Strategist Fund.
Affirmative 423,603.815 82.265% 99.441%
Against 521.549 0.101% 0.122%
Abstain 1,860.187 0.362% 0.437%
Total 425,985.551 82.728% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page: 2
STRATEGIST FUND GROUP
STRATEGIST GROWTH FUND (019)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
** Fund Totals: Shares
Record Total 514,925.941
Voted Shares 425,985.551
Percent Voted 82.728%
SHAREHOLDER RESPONSE SUMMARY REPORT Page: 1
STRATEGIST FUND GROUP
STRATEGIST GROWTH TRENDS FUND (006)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
1. Approve the Agreement and Plan of Reorganization between the Strategist
Fund and the AXP Fund providing for the acquisition of all assets of the
Strategist Fund by the AXP Fund in exchange for Class A shares of the AXP
Fund and assumption by the AXP Fund of the liabilities of the Strategist
Fund, to be followed by distribution of those Class A shares to the
shareholders of the Strategist Fund and the subsequent termination of the
Strategist Fund.
Affirmative 662,399.125 86.081% 99.828%
Against 678.594 0.088% 0.103%
Abstain 460.970 0.060% 0.069%
Total 663,538.689 86.229% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page: 2
STRATEGIST FUND GROUP
STRATEGIST GROWTH TRENDS FUND (006)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
** Fund Totals: Shares
Record Total 769,504.857
Voted Shares 663,538.689
Percent Voted 86.229%
SHAREHOLDER RESPONSE SUMMARY REPORT Page: 1
STRATEGIST FUND GROUP
STRATEGIST SPECIAL GROWTH FUND (002)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
1. Approve the Agreement and Plan of Reorganization between the Strategist
Fund and the AXP Fund providing for the acquisition of all assets of the
Strategist Fund by the AXP Fund in exchange for Class A shares of the AXP
Fund and assumption by the AXP Fund of the liabilities of the Strategist
Fund, to be followed by distribution of those Class A shares to the
shareholders of the Strategist Fund and the subsequent termination
of the Strategist Fund.
Affirmative 185,083.725 58.363% 98.593%
Against 2,546.548 0.803% 1.357%
Abstain 93.791 0.030% 0.050%
Total 187,724.064 59.196% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page: 2
STRATEGIST FUND GROUP
STRATEGIST SPECIAL GROWTH FUND (002)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
** Fund Totals: Shares
Record Total 317,124.859
Voted Shares 187,724.064
Percent Voted 59.196%