EXHIBIT INDEX

(a)(2)    Articles of Amendment to the Articles of Incorporation, dated
          June 16, 1999.

(b)       By-laws, as amended January 11, 2001.

(h)(11)   Transfer Agency Agreement, dated May 10, 2000 between Registrant on
          behalf of AXP Growth Fund and AXP Research Opportunities Fund and
          American Express Client Service Corporation.

(i)       Opinion  and consent of counsel as to the  legality of the  securities
          being registered.

(j)       Independent Auditors' consent.

(q)(1)    Directors'  Power of Attorney to sign Amendments to this  Registration
          Statement, dated Jan. 11, 2001.

(q)(2)    Officers'  Power of Attorney to sign  Amendments to this  Registration
          Statement, dated Jan. 11, 2001.

(q)(3)    Trustees Power of Attorney to sign Amendments to this Registration
          Statement, dated Jan. 11, 2001.

(q)(4)    Officers' Power of Attorney to sign Amendments to this Registration
          Statement, dated Jan. 11, 2001.