EXHIBIT INDEX

(d)(2)    Investment Management Services Agreement between Registrant on behalf
          of AXP Partners Select Value Fund and AXP Partners Small Cap Core
          Fund, and American Express Financial Corporation dated Jan. 10, 2002.

(d)(7)    Investment  Subadvisory  Agreement  between American Express Financial
          Corporation and GAMCO Investors, Inc. dated February 28, 2002.

(d)(8)    Investment  Subadvisory  Agreement  between American Express Financial
          Corporation and Pilgrim Baxter Value Investors, Inc. dated
          February 28, 2002.

(d)(9)    Investment  Subadvisory  Agreement  between American Express Financial
          Corporation and Wellington Management Company, LLP dated
          February 28, 2002.

(e)(2)    Distribution Agreement between Registrant on behalf of AXP Partners
          Select Value Fund and AXP Partners Small Cap Core Fund, and American
          Express Financial Corporation dated Jan. 10, 2002.

(g)(2)    Custodian  Agreement  between  Registrant  on behalf  of AXP  Partners
          Select Value Fund and AXP Partners Small Cap Core Fund, and  American
          Express Trust Company dated Jan. 10, 2002.

(h)(5)    Adminstrative Services Agreement between Registrant on behalf of AXP
          Partners  Select Value Fund and AXP Partners  Small Cap Core Fund, and
          American Express Financial Corporation dated Jan. 10, 2002.

(h)(6)    Class Y Shareholder  Service  Agreement  between Registrant on behalf
          of AXP  Partners  Select  Value Fund and AXP  Partners  Small Cap Core
          Fund, and American Express Financial Advisors Inc. dated
          Jan. 10, 2002.

(h)(7)    Transfer Agency Agreement between Registrant on behalf of AXP Partners
          Select Value Fund and AXP Partners Small Cap Core Fund, and American
          Express Client Service Corporation dated Jan. 10, 2002.

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

(m)(3)    Plan  and  Agreement of Distribution  between  Registrant on behalf of
          AXP  Partners  Select  Value Fund and AXP  Partners  Small Cap Core
          Fund, and American Express Financial Advisors Inc. dated
          Jan. 10, 2002.

(m)(4)    Plan and  Agreement  of  Distribution  for  Class C  Shares  between
          Registrant on behalf of AXP Partners Select Value Fund and AXP
          Partners  Small Cap Core Fund, and American Express Financial
          Advisors Inc. dated Jan. 10, 2002.