MARSICO INVESTMENT FUND
497, 2000-06-07
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                             DECHERT PRICE & RHOADS
                              1775 Eye Street, N.W.
                             Washington, D.C. 20006

                                  June 7, 2000


VIA EDGAR

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

         Re:    Marsico Investment Fund
                File Nos. 333-36975; 811-8397

Dear Sir or Madam:

         On behalf of the Marsico  Investment  Fund (the "Trust"),  attached for
electronic  filing pursuant to Rule 497(e) under the Securities Act of 1933 is a
supplement to the Fund's Prospectus dated June 7, 2000 (the  "Supplement").  The
purpose  of this  Supplement  is to  indicate  that  the  Marsico  International
Opportunities Fund will not commence investment operations until after the close
of business on June 30, 2000.

         No fees are required in  connection  with this filing.  If you have any
questions concerning the attached filing,  please do not hesitate to contact the
undersigned at (202) 261-3371.

                                                     Very truly yours,


                                                     /s/ Cynthia D. Baughman
                                                     -----------------------
                                                     Cynthia D. Baughman


Attachment

cc:   Barbara M. Japha
      Marsico Capital Management

<PAGE>

                           The Marsico Investment Fund

o    Marsico Focus Fund
o    Marsico Growth & Income Fund
o    Marsico 21st Century Fund
o    Marsico International Opportunities Fund

Supplement Dated June 7, 2000 to the Prospectus dated June 7, 2000

The  following  relates  to the  Marsico  International  Opportunities  Fund and
supplements the information contained in "How to Buy and Sell Shares."

The  Marsico  International   Opportunities  Fund  (the  "Fund")  will  commence
investment  operations after the close of business on June 30, 2000.  Shares may
be  purchased  on or after June 30, 2000 by any of the methods  described in the
Prospectus  under  "How to Buy and  Sell  Shares."  Orders  to  purchase  shares
received prior to June 30, 2000 will be returned.

The Fund  reserves  the right to  withdraw,  modify or  terminate  the  offering
without notice and to refuse any order in whole or in part.

          INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE





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