EXHIBIT INDEX (h)(13) Fee Waiver Agreement between American Express Financial Corporation, American Express Client Service Corporation and AXP Emerging Markets Fund, dated May 13, 2004. (i) Opinion and consent of counsel as to the legality of the...

                                 EXHIBIT INDEX

(h)(13)   Fee Waiver Agreement between American Express Financial Corporation,
          American Express Client Service Corporation and AXP Emerging Markets
          Fund, dated May 13, 2004.

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

(j)       Independent Auditors' Consent.

(q)(1)    Directors'/Trustees' Power of Attorney,  to sign Amendments to this
          Registration  Statement,  dated Jan. 7, 2004.

(q)(4)    Trustees' Power of Attorney,  to sign Amendments to this  Registration
          Statement,  dated Jan. 7, 2004.