Press Release

RiverSource^SM Institute publishes “The End of Performance Chasing”

Third whitepaper published by RiverSource Institute – “Fourth Quarter 2006 Capital Markets Outlook” also released

MINNEAPOLIS – (Nov. 3, 2006) – RiverSource Institute, a resource of RiverSource Investments, LLC, a subsidiary of Ameriprise Financial, Inc. (NYSE: AMP), released its latest white paper titled “The End of Performance Chasing: Managing Money to Help Meet Your Goals.” The paper is available at riversource.com/institute.

Studies of investor behavior have consistently shown that individual investors chase performance – their decision to purchase an investment is based solely on recent outperformance – rather than focus on an investment strategy that can help enable them to meet their long-term financial goals.

But performance chasing is beginning to yield to a new way of thinking. A movement toward goal-based investing has emerged as evidenced by the growing popularity of goal-based investment solutions designed for the complex needs of today’s investors.

“It’s not necessary for investors to beat the market in order to meet their investment goals, such as saving for retirement,” said David Joy, chief market strategist, RiverSource Investments. “Earning consistent, competitive returns over time is more likely to produce success for the individual investor.”

What differentiates goal-based investing is a well-defined and clearly articulated connection between client-specific goals and investment strategies. Rather than trying to boost performance by simply chasing the latest hot fund, financial advisors help clients set achievable expectations and use products with a repeatable and disciplined investment process. This approach can provide a yardstick against which clients can measure progress toward their goals rather than simply using traditional benchmarks such as the S&P 500 index.

“Investors’ changing needs increasingly call for goal-based solutions,” said Andrew Washburn, vice president of marketing, RiverSource Funds. “The objective is to increase the probability of meeting the investor’s expected return.”

“The End of Performance Chasing: Managing Money to Help Meet Your Goals” examines the factors influencing a shift from performance chasing toward goal-based investing, the basic principles of goal-based investing, and investment solutions that are designed to support a goal-based approach.

Fourth Quarter 2006 Capital Markets Outlook

Also available through RiverSource Institute is the Fourth Quarter 2006 Capital Markets Outlook, the quarterly investment perspective of the Capital Markets Committee, which is comprised of senior investment professionals at RiverSource Investments and chaired by Joy.

For the fourth quarter, the committee reestablished an overweight in equities, including an overweight internationally. In the U.S., it recommends an overweight in large-caps and growth and maintained minimum exposure to real estate.

The committee also reestablished an underweight in fixed income with a modest overweight in foreign bonds. In the U.S., the focus is on high quality as credit spreads remain tight.

The Outlook is available at riversource.com/institute.

Additional whitepapers

In addition to “The End of Performance Chasing: Managing Money to Help Meet Your Goals,” other whitepapers are available through RiverSource Institute:

“Asset Allocation: Keys to managing risk and improving discipline”

• Common pitfalls and mistakes that lead investors to lose focus on a long-term, disciplined investment strategy
• How an asset allocation strategy can assist in producing more consistent portfolio returns
• Two types of asset allocation strategies – strategic and tactical

“Dividend Investing: New benefits from a traditional strategy”

• Historically, dividend-paying stocks can provide a potential for return with less risk
• Through tax benefits, high dividend equity investors can keep a larger percentage of their return
• Corporations are responding to increasing shareholder pressure by initiating or increasing dividends
• Baby boomers' changing needs are likely to give a boost to dividend-paying stocks

These whitepapers are available at riversource.com/institute.

About RiverSource Institute

RiverSource Institute provides investors access to the insight, intellectual strength, practical wisdom and experience of the talented professionals at RiverSource Investments.

RiverSource Institute provides insight on subjects including global and economic issues, the world’s financial markets and investor needs and trends in the form of whitepapers, market commentary and educational pieces.

For more information, visit riversource.com/institute.

About RiverSource Investments

RiverSource Investments develops and manages asset growth, preservation and income solutions that revolve around the needs of today’s investors. The firm’s specialized investment platform provides access to investment and research professionals located in strategic investment centers in the U.S. and overseas. As a leading source of investment insight and innovation, RiverSource Investments delivers a full range of solutions across the risk return spectrum to retail investors and their advisors and to institutional investors including corporations, pension funds, governments, foundations and endowments.

For more information, visit riversource.com/investments.

RiverSource Investments, LLC is an SEC-registered investment adviser that offers investment products and services under the names RiverSource Institutional Advisors, RiverSource Alternative Investments, RiverSource Capital Management and RiverSource Insurance Assets.

About Ameriprise Financial

Ameriprise Financial, Inc. is a leading financial planning and services company that provides solutions for clients’ asset accumulation, income management and insurance protection needs. Through a nationwide network of more than 10,000 financial advisors, Ameriprise Financial delivers tailored solutions to clients through a comprehensive and personalized financial planning approach built on a long-term relationship with a knowledgeable advisor. The Company specializes in meeting the retirement-related financial needs of the mass affluent. Financial advisory services and investments are available through Ameriprise Financial Services, Member FINRA and SIPC.

For more information, visit ameriprise.com.

You should consider the investment objective, risks, charges and expenses for a fund carefully before investing. For a free copy of a prospectus, which contains this and other information about RiverSource Funds, please call (800) 297-3863 or visit riversource.com/investments. Read the prospectus carefully before you invest.

Investment products, including shares of mutual funds, are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

The views expressed above reflect the views of RiverSource Investments, LLC as of the date referenced. These views may change as market or other conditions change. This commentary is provided for information purposes only and is not intended to provide investment advice or account for individual investor circumstances. Past performance does not guarantee future results.

Asset allocation and diversification do not assure a profit or protect against loss.

International investing involves increased risk and volatility due to potential political and economic instability, currency fluctuations, and differences in financial reporting and accounting standards and oversight. Risks are particularly significant in emerging markets.

There are risks associated with fixed income investments, including credit risk, interest rate risk, and prepayment and extension risk. In general, bond prices rise when interest rates fall and vice versa. This effect is usually more pronounced for longer-term securities.

RiverSource^SM mutual funds are distributed by RiverSource Distributors, Inc. and Ameriprise Financial Services, Inc., Members FINRA, and managed by RiverSource Investments, LLC. These companies are part of Ameriprise Financial, Inc.

Contact:
Ryan Lund
RiverSource Investments, LLC
612-671-3459
ryan.s.lund@ampf.com

Media Contacts

Benjamin Pratt
Vice President, External Communications
(612) 678-5881
(612) 671-5112 (fax)
benjamin.j.pratt@ampf.com

For RiverSource Investments, Institutional Advisors, Insurance and Annuities

Ryan Lund
Director, Media Relations
(612) 671-3459
(612) 671-5112 (fax)
ryan.s.lund@ampf.com

For RiverSource Insurance and Annuities

Todd Wold
Manager, Media Relations
(612) 671-6583
(612) 671-5112 (fax)
todd.wold@ampf.com