-----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, SkdAlKFIGNluxoRlLrcYLFMTZkqtjHJRKqQQJuXvl8E7qJdX89VKtmzSl3rNLYYU tzTPGq3w+OvBr08y5jjU/g== 0000820027-97-000526.txt : 19970630 0000820027-97-000526.hdr.sgml : 19970630 ACCESSION NUMBER: 0000820027-97-000526 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: 97631029 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 Global Balanced Fund (Oct. 31, 1996) S-6352A (10/96) The following is added at page 7 under Performance and is intended to update the financial information in the prospectus: Financial highlights The tables below show 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 .30 .29 .30 Net gains (both (.34) (.35) (.34) realized and unrealized) Total from investment operations (.04) (.06) (.04) Less distributions: Dividends from net investment income (.03) (.02) (.03) Net asset value, end of period 4.93 4.92 4.93 Ratios/supplemental data Class A Class B Class Y 1997(b) 1997(b) 1997(b) Net assets, end of $14 $9 -- period (in millions) Ratio of expenses to 1.50%(c,f) 2.26%(c,f) 1.17%(c,f) average daily net assets(d) Ratio of net income to 2.22%(c) 1.47%(c) 2.44%(c) average daily net assets Portfolio turnover rate (excluding 20% 20% 20% short-term securities) Total return(e) (0.7%) (1.1%) (0.7%) Average brokerage commission rate(g) $.0310 $.0310 $.0310 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 Expense ratio is based on total expenses of the Fund before reduction of earnings credits on cash balances. e Total return does not reflect payment of a sales charge. f 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 4.43%, 5.20% and 4.36% for Class A, B, and Y, respectively. g 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. S-6352-1 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 Global Balanced 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 Global Balanced Fund May 31, 1997 Assets (Unaudited) Investments in securities, at value (identified cost $26,341,579) $27,368,709 Cash in bank on demand deposit 568,888 Dividends and accrued interest receivable 195,282 Receivable for investment securities sold 382,698 Unrealized appreciation on foreign currency contracts held, at value 681 Organizational cost 43 ---------- Total assets 28,516,301 ---------- Liabilities Payable for investment securities purchased 608,857 Unrealized depreciation on foreign currency contracts held, at value 2,159 Accrued investment management services fee 599 Accrued distribution fee 215 Accrued service fee 133 Accrued transfer agency fee 134 Accrued administrative services fee 45 Other accrued expenses 112,348 ---------- Total liabilities 724,490 ---------- Net assets applicable to outstanding capital stock $27,791,811 =========== Represented by Capital stock-- $.01 par value $53,954 Additional paid-in capital 26,722,180 Undistributed net investment income 64,036 Accumulated net realized loss (75,279) Unrealized appreciation of investments and on translation of assets and liabilties in foreign currencies 1,026,920 ---------- Total -- representing net assets applicable to outstanding capital stock $27,791,811 =========== Net assets applicable to outstanding shares:Class A $17,303,920 Class B $10,486,853 Class Y $1,038 Net asset value per share of outstanding capital stock: Class A shares 3,356,350 $ 5.16 Class B shares 2,038,870 $ 5.14 Class Y shares 201 $ 5.16 PAGE 3 Statement of operations IDS Global Balanced Fund For the one month ended May 31, 1997 Investment income (Unaudited) Income: Dividends (net of foreign taxes withheld of $4,026) $35,305 Interest 51,596 ---------- Total income 86,901 ---------- Expenses: Investment management services fee 16,401 Distribution fee -- Class B 5,845 Transfer agency fee 5,042 Incremental transfer agency fee-- Class B 133 Service fee Class A 2,269 Class B 1,364 Administrative services fees and expenses 2,622 Compensation of board members 10 Registration fees 23,538 Other 67 ---------- Total expenses 57,291 Less expenses voluntarily reimbursed by AEFC (20,019) ---------- 37,272 Earnings credits on cash balances (50) ---------- Total net expenses 37,222 ---------- Investment income -- net 49,679 ---------- Realized and unrealized gain -- net Net realized gain on security and foreign currency transactions (including loss of $14,002 from foreign currency transactions) 7,189 Net change in unrealized appreciation or depreciation of investments and on translation of assets and liabilities in foreign currencies 1,004,064 ---------- Net gain on investments and foreign currencies 1,011,253 ---------- Net increase in net assets resulting from operations $1,060,932 ========== PAGE 4 Financial statements Statement of changes in net assets IDS Global Balanced Fund For the one month ended May 31, 1997 Operations and distributions (Unaudited) Investment income -- net $ 49,679 Net realized gain on investments and foreign currencies 7,189 Net change in unrealized appreciation or depreciation of investments and on translation of assets and liabilities in foreign currencies 1,004,064 ---------- Net increase in net assets resulting from operations 1,060,932 ---------- Capital share transactions Proceeds from sales Class A shares 2,505,203 Class B shares 1,672,258 Payments for redemptions Class A shares (340,101) Class B shares (92,300) ---------- Increase in net assets from capital share transactions 3,745,060 ---------- Total increase in net assets 4,805,992 Net assets at beginning of period 22,985,819 ---------- Net assets at end of period (including undistributed net investment income of $64,036) 27,791,811 ========== *Valid until next prospectus update -----END PRIVACY-ENHANCED MESSAGE-----