Prospectus Supplement
October 17, 1997*
Strategist World Fund, Inc. (June 27, 1997) S-6131 C (6/97)
The "Portfolio manager" section of the above prospectus is revised to delete the
reference to Richard Lazarchic and to add the following:
Portfolio manager
John O'Brien joined AEFC in 1988 and serves as vice president and portfolio
manager for American Express Asset Management International Inc. He became
portfolio manager of World Growth Portfolio in September 1997. He also serves as
portfolio manager of IDS Global Growth Fund and IDS Life International Equity
Portfolio.
S-6131-1 A (10/97)
*Valid until next prospectus update
Destroy Dec. 20, 1997