-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HCQwMfrdv40ZkhAck6pLWGuevFpS0yMv8Yzou7jQ22VpKNSxuBEnY0NwzWaWYtuN KBUEb/Qqu355tNTtheuDpw== 0000820027-97-000317.txt : 19970401 0000820027-97-000317.hdr.sgml : 19970401 ACCESSION NUMBER: 0000820027-97-000317 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970331 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: IDS GROWTH FUND INC CENTRAL INDEX KEY: 0000049702 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 410329910 STATE OF INCORPORATION: MN FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-38355 FILM NUMBER: 97569554 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 497 1 IDS GROWTH FUND, INC. 1 PROSPECTUS SUPPLEMENT MARCH 31, 1997* IDS Research Opportunities Fund Prospectus (Aug. 5, 1996) S-6356A (8/96). The following is added at the end of page 7 and is intended to update the financial information in the prospectus: Financial highlights Fiscal period ended July 31, Per share income and capital changes* Class A Class B Class Y 1997** 1997** 1997** Net asset value, beginning of period $5.00 $5.00 $5.00 Income from investment operations: Net investment income (loss) (.01) (.02) (.01) Net gains(losses) (both realized .69 .69 .69 and unrealized) Total from investment operations .68 .67 .68 Less distributions: Distributions from realized gains (.01) (.01) (.01) Net asset value, end of period $5.67 $5.66 $5.67 Ratios/supplemental data: Class A Class B Class Y 1997** 1997** 1997** Net assets, end of period (in millions) $105 $43 $-- Ratio of expenses to average daily net assets# 2.18%+ 2.91%+ 2.18%+ Ratio of net income(loss) to average daily net assets (.59%)+ (1.36%)+ (.26)%+ Total return++ 13.6% 13.2% 13.7% Portfolio turnover rate (excluding short-term securities) for the underlying Portfolio 82% 82% 82% Average brokerage commission rate for the underlying Portfolio## $0.0358 $0.0358 $0.0358 *For a share outstanding throughout the period. Rounded to the nearest cent. **Inception date. Period from Aug. 19, 1996 to Jan. 31, 1997 (Unaudited). +Adjusted to an annual basis. ++Total return does not reflect payment of a sales charge. #Expense ratio is based on total expenses of the Fund before reduction of earnings credits on cash balances. ##The Fund is required to disclose an average brokerage commission rate. The rate is calculated by dividing the total brokerage commissions paid on applicable purchases and sales of portfolio securities for the period by the total number of related shares purchased and sold. Please see the 1997 semi-annual report for additional information. The semi-annual report is incorporated into the prospectus by reference. (3/97) *Valid until next prospectus update Destroy September 29, 1997 2 PART C SUPPLEMENT MARCH 31 1997* IDS Growth Fund, Inc. Post-Effective Amendment No. 59 (File No. 2-38355) The following is added to item 24(a) of Part C: IDS Growth Fund, Inc. - IDS Research Opportunities Fund Statement of assets and liabilities, Feb. 28, 1997 Statement of operations, for the one month ended Feb. 28, 1997 Statement of charges in net assets, for the one month ended Feb. 28, 1997: 3 Financial statements Statement of assets and liabilities IDS Research Opportunities Fund Feb. 28, 1997
Assets (Unaudited) Investment in Aggressive Growth Portfolio $165,219,077 Organizational cost 110 -------------- Total assets 165,219,187 -------------- Liabilities Disbursements in excess of cash on demand deposit 3,694 Accrued distribution fee 1,010 Accrued service fee 794 Accrued transfer agency fee 1,060 Accrued administrative services fee 272 Other accrued expenses 56,283 -------------- Total liabilities 63,113 -------------- -------------- Net assets applicable to outstanding capital stock $165,156,074 ============== Represented by Capital stock -- $.01 par value $ 288,973 Additional paid-in capital 156,037,856 Investment loss -- net (253,983) Accumulated net realized gain 8,200,779 Unrealized appreciation 882,449 ============== Total -- representing net assets applicable to outstanding capital stock $165,156,074 ============== Net assets applicable to outstanding shares: Class A $115,952,194 Class B $ 49,202,736 Class Y $ 1,144 Net asset value per share of outstanding capital stock: Class A shares 20,265,513 $ 5.72 Class B shares 8,631,568 $ 5.70 Class Y shares 200 $ 5.72
4 Statement of operations IDS Research Opportunities Fund For the one month ended Feb. 28, 1997
Investment income (Unaudited) Income: Interest $ 70,330 Dividends 129,866 -------------- Total income 200,196 -------------- Expenses: Expenses, including investment management services fee allocated from Aggressive Growth Portfolio 80,198 Distribution fee -- Class B 26,213 Transfer agency fee 27,378 Incremental transfer agency fee -- Class B 601 Service fee Class A 14,804 Class B 6,117 Administrative services fees and expenses 7,173 Custodian fees 600 Postage 2,488 Registration fees 23,339 Reports to shareholders 1,131 Audit fees 134 Administrative 400 Other 7 -------------- Total expenses 190,583 -------------- Investment income -- net 9,613 -------------- Realized and unrealized gain (loss) -- net Net realized gain on security transactions 3,191,494 Net realized gain on financial futures contracts 78,132 -------------- Net realized gain on investments 3,269,626 Net change in unrealized appreciation or depreciation (2,152,894) -------------- Net gain on investments 1,116,732 -------------- Net increase in net assets resulting from operations $ 1,126,345 ==============
5 Statement of changes in net assets IDS Research Opportunities Fund For the one month ended Feb. 28, 1997
Operations (Unaudited) Investment income -- net $ 9,613 Net realized gain on investments 3,269,626 Net change in unrealized appreciation or depreciation (2,152,894) -------------- Net increase in net assets resulting from operations 1,126,345 -------------- Capital share transactions Proceeds from sales Class A shares 12,814,246 Class B shares 6,409,983 Class Y shares 1,000 Payments for redemptions Class A shares (2,426,992) Class B shares (282,772) -------------- Increase in net assets from capital share transactions 16,515,465 -------------- Total increase in net assets 17,641,810 Net assets at beginning of period 147,514,264 -------------- Net assets at end of period $165,156,074 ==============
(8/96) *The supplementary language to item 24(a) of Part C and the financial statements included herein will not be circulated to investors with the prospectus supplement. These materials are furnished solely to comply with Item 32(b) of Form N-1A. -----END PRIVACY-ENHANCED MESSAGE-----