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                      IDS NEW DIMENSIONS FUND
                           Fund Profile
                        dated Dec. 22, 1995

This profile contains key information about the Fund.  More details
appear in the Fund's accompanying prospectus.

1. Goal:  The Fund's goal is to provide shareholders with long-term
growth of capital.

2. Investment Strategies:  The Fund invests primarily in common
stocks of U.S. and foreign companies showing potential for
significant growth.

3. Risks:  Some of the Fund's investments involve substantial risk
and may be considered speculative.  Stocks of companies
experiencing significant growth may be subject to abrupt or erratic
price movements.  Foreign investments are subject to political and
economic risks of the countries in which the investments are made,
as well as risks posed by currency fluctuations, less available
information and less government supervision of foreign markets.

4. Appropriateness:  The Fund is designed for long-term investors
willing to tolerate fluctuations in principal in exchange for the
potential for higher returns.

5. Fees and expenses:  Shareholder transaction expenses are
incurred by an investor upon the purchase or redemption of Fund
shares.  Fund operating expenses are paid out of the Fund's assets
and are not charged directly to shareholder accounts, and are
reflected in the Fund's daily share price and dividends.

Shareholder transaction expenses

                                       Class A   Class B   Class Y
Maximum sales charge on purchases
(as a percentage of offering price).......5%        0%        0%

Maximum deferred sales charge
imposed on redemptions (as a
percentage of original purchase price)....0%        5%        0%


Annual fund operating expenses*
(% of average daily net assets):

                                       Class A   Class B   Class Y
Management fee                          0.55%     0.55%     0.55%
12b-1 fee                               0.00%     0.75%     0.00%
Other expenses                          0.38%     0.42%     0.21%
Total                                   0.93%     1.72%     0.76%

* Expenses for Class A are based on actual expenses for the last
  fiscal year, restated to reflect current fees.  Expenses for
  Class B and Class Y are based on actual annualized expenses for
  the period from March 20, 1995 to Sept. 30, 1995.
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Example:  Suppose for each year for the next 10 years, Fund
expenses are as above and annual return is 5%.  If you sold your
shares at the end of the following years, for each $1,000 invested,
you would pay total expenses of:

                   1 year      3 years      5 years      10 years
Class A             $59          $78         $ 99          $159
Class B             $67          $94         $113          $182**
Class B*            $17          $54         $ 93          $182**
Class Y             $ 8          $24         $ 42          $ 95

 * Assuming Class B shares are not redeemed at the end of the
   period.
** Based on conversion of Class B shares to Class A shares after
   eight years.

This example does not represent actual expenses, past or future. 
Actual expenses may be higher or lower than those shown.

6. Past Performance:

                            Performance
                 (Average Annual Return 1985-1994)

% Return
   60

   50                                      50.7

   40 
       36.1                                36.1
   30  30.3                    31.8
                               28.6
   20         19                                       14.2
             15.9        15.8                          14.1     
   10              15.3                           6.8
                          8           5.4         5.2
    0               1                                        
                                     -5                      -1.8
  -10                                                        -3 
       1985  1986  1987  1988  1989  1990  1991  1992  1993  1994

                                       XX New Dimensions
                                       XX Lipper Growth Fund Index

The graph above does not reflect the imposition of a sales charge
at the time of purchase or redemption.


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Average annual total returns as of Sept. 30, 1995

Purchase made          1 year ago    5 years ago   10 years ago
Class A                  22.00%        18.59%         17.64%

The returns shown above reflect maximum sales charges.  Total
returns for Class A, Class B and Class Y for the period from March
20, 1995 to Sept. 30, 1995 were +15.33%, +15.89% and +21.48%,
respectively.  March 20, 1995 was the inception date for Class B
and Class Y.  Total return for Class A is shown for comparative
purposes.  The performance of Class B and Class Y will vary from
the performance of Class A based on differences in sales charges
and fees.  Returns shown should not be considered a representation
of the Fund's future performance.

7. Investment Advisor:  The Fund's investment advisor is American
Express Financial Corporation.

8. Purchases:  You may purchase shares by contacting your financial
advisor.  The minimum initial investment (other than investments
made by scheduled investment plan or by wire) is $2,000.  Sales
charges on Class A shares range from 5.0% of the public offering
price on the first $50,000 invested to 0% of the public offering
price on amounts invested of $1,000,000 or more.  No sales charge
applies at the time of purchase of Class B shares although Class B
shares may be subject to a contingent deferred sales charge ranging
from 5% to 1% on redemptions made within six years and are subject
to annual distribution (12b-1) fees.  Class Y shares are sold
without a sales charge to qualified institutional investors.

9. Redemptions:  To sell (redeem) your shares, contact your
financial advisor.  Holders of Class B shares may be subject to a
sales charge if they redeem within six years of purchase.

10. Distributions:  The Fund distributes its net investment income,
including short-term capital gains, to shareholders of record by
the end of the calendar year.  Net realized long-term capital
gains, if any, from selling securities are distributed at the end
of the calendar year.  Dividends and capital gain distributions are
automatically reinvested in additional shares of the Fund unless
you make alternative arrangements.

11. Other Services:  You may redeem or exchange shares, and obtain
additional information about your account and the Fund, by
telephone.  The Fund also provides telephone service for the
hearing impaired.  To help you track and evaluate the performance
of your shares, American Express Financial Corporation provides you
with quarterly statements, yearly tax statements and a personalized
mutual fund progress report.