-----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, OHEk9SW0xByF5A0PCbZLqm8XukzvsKuqWhSRjAUeUzFPeapv4LVtmCPMMmcXHm0z ijNw2j9U/YjyBBxJUN2vAA== 0000820027-97-000523.txt : 19970630 0000820027-97-000523.hdr.sgml : 19970630 ACCESSION NUMBER: 0000820027-97-000523 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970627 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: IDS GLOBAL SERIES INC CENTRAL INDEX KEY: 0000842918 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-25824 FILM NUMBER: 97630908 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 FORMER COMPANY: FORMER CONFORMED NAME: IDS GLOBAL BOND FUND INC DATE OF NAME CHANGE: 19901011 497 1 IDS GLOBAL SERIES - SUPPL. 6-27-97 PAGE 1 Prospectus Supplement June 27, 1997* IDS Emerging Markets Fund (Oct. 31, 1996) S-6354 A (10/96) The following is added at page 7 under Performance and is intended to update the financial infromation in the prospectus: Financial highlights The table below shows certain important financial information for evaluating the Fund's results. Period ended April 30, Per share income and capital changes (a) Class A Class B Class Y 1997(b) 1997(b) 1997(b) Net asset value, $5.00 $5.00 $5.00 beginning of period Income from investment operations: Net investment income (loss) -- (.01) .01 Net gains (both realized .68 .66 .67 and unrealized) Total from investment operations .68 .65 .68 Less distributions: Distributions from net (.01) -- (.01) investment income Net asset value, $5.67 $5.65 $5.67 end of period Ratios/supplemental data Class A Class B Class Y 1997(b) 997(b) 1997(b) Net assets, end of period $114 $46 $ -- (in millions) Ratio of expenses to 1.97%(cg) 2.74%(cg) 1.73%(cg) average daily net assets (e) Ratio of net income (loss) (.21%)(c) (1.00%)(c) .25%(c) to average daily net assets Portfolio turnover rate 13% 13% 13% (excluding short-term securities for the underlying Portfolio) Total return (d) 13.5% 13.1% 13.6% Average brokerage commission $.0030 $.0030 $.0030 rate for the underlying Portfolio (f) a For a share outstanding throughout the period. Rounded to the nearest cent. b Period from Nov. 13, 1996 (inception date) to April 30, 1997 (Unaudited). c Adjusted to an annual basis. d Total return does not reflect payment of a sales charge. e Expense ratio is based on total expense of the Fund before reduction of earning credits on cash balances. f The Fund is required to disclose an average brokerage commission rate per share for security trades on which commissions are charged. The comparability of this information may be affected by the fact that commission rates per share vary significantly among foreign countries. g During the period from Nov. 13, 1996 to April 30, 1997, AEFC reimbursed the Fund for certain expenses. Had AEFC not done so, the annual ratios of expenses would have been 2.22%, 2.99% and 2.76% for Class A, B and Y, respectively. S-6354-1 A (6/97) *Valid until next prospectus update Destroy Dec. 30, 1997 PAGE 2 PART C SUPPLEMENT June 27, 1997* IDS Global Series, Inc. Post-Effective Amendment No. 26 (File No. 33-25824) The following is added to item 24(a) of Part C: IDS Global Series, Inc. - IDS Emerging Markets Fund Statement of assets and liabilities, May 31, 1997 Statement of operations, for the one month ended May 31, 1997 Statement of changes in net assets, for the one month ended May 31, 1997: Financial statements Statement of assets and liabilities IDS Emerging Markets Fund May 31, 1997 Assets (Unaudited) Investment in Emerging Markets Portfolio $203,248,714 Organizational costs 43 Total assets 203,248,757 Liabilities Accrued distribution fee 1,180 Accrued service fee 941 Accrued transfer agency fee 1,182 Accrued administrative services fee 538 Other accrued expenses 40,916 ------------ Total liabilities 44,757 Net assets applicable to outstanding capital stock $203,204,000 ============ Represented by Capital stock -- $.01 par value $ 335,186 Additional paid-in capital 186,670,247 Excess of distributions over net investment income (31,121) Accumulated net realized gain 41,143 Unrealized appreciation of investments and on translation of assets and liabilities in foreign currencies 16,188,545 Total -- representing net assets applicable to outstanding capital stock $203,204,000 Net assets applicable to outstanding shares: Class A $143,859,721 Class B $ 59,343,065 Class Y $ 1,214 Net asset value per share of outstanding capital stock: Class A shares 23,705,356 $ 6.07 Class B shares 9,813,061 $ 6.05 Class Y shares 200 $ 6.07 PAGE 3 Statement of operations IDS Emerging Markets Fund For the one month ended May 31, 1997 Investment income (Unaudited) Income: Dividends $141,554 Interest 281,364 ------- Total income 422,918 ------- Expenses: Expenses, including investment management services fee, allocated from Emerging Markets Portfolio 160,077 Distribution fee -- Class B 31,430 Transfer agency fee 38,193 Incremental transfer agency fee-- Class B 869 Service fee Class A 17,861 Class B 7,333 Administrative services fees and expenses 14,397 Compensation of board members 1,380 Postage 3,032 Registration fees 24,407 Reports to shareholders 1,378 Audit fees 143 Other 658 ------- Total expenses 301,158 Earnings credits on cash balances (226) ------- Total net expenses 300,932 ------- Investment income -- net 121,986 ------- Realized and unrealized gain -- net Net realized gain on security and foreign currency transactions 1,162,030 --------- Net change in unrealized appreciation or depreciation of investments and on translation of assets and liabilities in foreign currencies 11,429,513 ---------- Net gain on investments and foreign currencies 12,591,543 ---------- Net increase in net assets resulting from operations $12,713,529 ========== PAGE 4 Financial statements Statement of changes in net assets IDS Emerging Markets Fund For the one month ended May 31, 1997 Operations (Unaudited) Investment income -- net $ 121,986 Net realized gain on investments and foreign currencies 1,162,030 Net change in unrealized appreciation or depreciation of investments and on translation of assets and liabilities in foreign currencies 11,429,513 ---------- Net increase in net assets resulting from operations 12,713,529 ----------- Capital share transactions Proceeds from sales Class A shares 23,835,557 Class B shares 9,923,369 Payments for redemptions Class A shares (3,195,748) Class B shares (283,785) Class Y shares (18,127) ----------- Increase in net assets from capital share transactions 30,261,266 ----------- Total increase in net assets 42,974,795 Net assets at beginning of period 160,229,205 ----------- Net assets at end of period (excess of distributions over net investment income of $(31,121)) $203,204,000 ============ *Valid until next prospectus update -----END PRIVACY-ENHANCED MESSAGE-----