SMITH BARNEY SHEARSON INVESTMENT FUNDS INC
497, 1997-12-19
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SMITH BARNEY INVESTMENT FUNDS INC.
GROWTH OPPORTUNITY FUND

Supplement dated December 19, 1997
to Prospectus dated April 30, 1997


	The Board of Directors of Smith Barney 
Investment Funds Inc. has voted to change the name of 
Growth Opportunity Fund, one of the funds making up 
Smith Barney Investment Funds Inc., to Concert 
Peachtree Growth Fund, effective December 19, 1997. 
This name change does not represent a change in either 
investment objective or investment policies.

FD01367



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