PAGE 1
Vermont Prospectus Supplement
March 31, 1995*

                                                         Prospectus
                                                         Form #
Publicly Offered Funds:

IDS Global Bond Fund (Dec. 30, 1994**)                   S-6309 H
IDS Global Growth Fund (Dec. 30, 1994**)                 S-6334 H
IDS Insured Tax-Exempt Fund (Aug. 29, 1994**)            S-6327 H
IDS International Fund (Dec. 30, 1994**)                 S-6140 H

*Valid until December 29, 1995.
**As revised March 20, 1995.

The following information modifies that found in the above-
referenced prospectuses:

The "Foreign investments" subsection of the "Investment policies
and risks" section of the prospectuses for IDS Global Growth Fund
and IDS International Fund is revised as follows:

"Foreign investments are subject to currency fluctuations, and
political and economic risks of the countries in which the
investments are made, including the possibility of seizure or
nationalization of companies, imposition of withholding taxes on
income, establishment of exchange controls or adoption of other
restrictions that might affect an investment adversely.  The
limited liquidity and price fluctuations in emerging markets could
make investments in developing countries more volatile."

The "Foreign investments" subsection of the "Investment policies
and risks" section of the prospectus for IDS Global Bond Fund is
supplemented as follows:

"Foreign investments are subject to currency fluctuations, and
political and economic risks of the countries in which the
investments are made, including the possibility of seizure or
nationalization of companies, imposition of withholding taxes on
income, establishment of exchange controls or adoption of other
restrictions that might affect an investment adversely.  The
limited liquidity and price fluctuations in emerging markets could
make investments in developing countries more volatile.

Investing in the debt obligations of emerging market nations (rated
below investment grade) involves certain risks.  Such nations are
often dependent on external investment sources which can render a
higher volatility to the performance of such obligations, including
potential defaults, than is the case with developed nation debt. 
Payment of principal and interest on sovereign debt is dependent on
the country's willingness to pay.  The fund may have limited legal
recourse in the event a sovereign government is unwilling or unable
to pay its debt."

The following policy is revised and moved from the "Foreign
investments" section in IDS Global Bond Fund's prospectus, to the
first paragraph of the "Investment policies and risks" section of
the same fund's prospectus:
PAGE 2
"Under normal market conditions, the fund will invest at least 65%
of its total assets in investments located in at least three
different countries."

The "Investment policies and risks" section of the prospectuses for
IDS Global Bond Fund and IDS Insured Tax-Exempt Fund is
supplemented as follows:

"The price of bonds generally declines as interest rates increase,
and rises as interest rates decline."

The "Investment policies and risks" section of the prospectus for
IDS Insured Tax-Exempt Fund is supplemented as follows:

"The fund's average maturity/duration of its portfolio is 6.89
years as of March 15, 1995."

The "Investment policies and risks" section of the prospectus for
IDS Insured Tax-Exempt Fund is supplemented as follows:

"The types of municipal obligations in which the fund may invest
include insured prerefunded bonds, general obligation bonds, and
revenue bonds, such as airport, electric, pollution control and
hospital bonds."