SHAREHOLDER RESPONSE SUMMARY REPORT Page: 1
STRATEGIST FUND GROUP
STRATEGIST EMERGING MARKETS FUND (035)
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 126,030.866 83.941% 99.647%
Against 208.402 0.139% 0.165%
Abstain 238.403 0.159% 0.188%
Total 126,477.671 84.239% 100.000%
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SHAREHOLDER RESPONSE SUMMARY REPORT Page: 2
STRATEGIST FUND GROUP
STRATEGIST EMERGING MARKETS FUND (035)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
** Fund Totals: Shares
Record Total 150,141.412
Voted Shares 126,477.671
Percent Voted 84.239%
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SHAREHOLDER RESPONSE SUMMARY REPORT Page: 1
STRATEGIST FUND GROUP
STRATEGIST WORLD GROWTH FUND (032)
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 83,025.348 87.111% 99.679%
Against 266.970 0.280% 0.321%
Abstain 0.000 0.000% 0.000%
Total 83,292.318 87.391% 100.000%
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SHAREHOLDER RESPONSE SUMMARY REPORT Page: 2
STRATEGIST FUND GROUP
STRATEGIST WORLD GROWTH FUND (032)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
** Fund Totals: Shares
Record Total 95,309.884
Voted Shares 83,292.318
Percent Voted 87.391%
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SHAREHOLDER RESPONSE SUMMARY REPORT Page: 1
STRATEGIST FUND GROUP
STRATEGIST WORLD INCOME FUND (022)
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 105,395.582 95.917% 100.000%
Against 0.000 0.000% 0.000%
Abstain 0.000 0.000% 0.000%
Total 105,395.582 95.917% 100.000%
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SHAREHOLDER RESPONSE SUMMARY REPORT Page: 2
STRATEGIST FUND GROUP
STRATEGIST WORLD INCOME FUND (022)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
** Fund Totals: Shares
Record Total 109,882.210
Voted Shares 105,395.582
Percent Voted 95.917%
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SHAREHOLDER RESPONSE SUMMARY REPORT Page: 1
STRATEGIST FUND GROUP
STRATEGIST WORLD TECHNOLOGIES FUND (029)
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 108,321.355 100.000% 100.000%
Against 0.000 0.000% 0.000%
Abstain 0.000 0.000% 0.000%
Total 108,321.355 100.000% 100.000%
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SHAREHOLDER RESPONSE SUMMARY REPORT Page: 2
STRATEGIST FUND GROUP
STRATEGIST WORLD TECHNOLOGIES FUND (029)
Tuesday, May 09, 2000
% of Outstanding % of Shares
No. of Shares Shares Voted
** Fund Totals: Shares
Record Total 108,321.355
Voted Shares 108,321.355
Percent Voted 100.000%