Rule 497(e)
File No. 811-3364
2-75503
MAXIM SERIES FUND, INC.
November 1, 2000 Supplement to
the May 1, 2000 Prospectus
On page , under the heading INVESCO Funds Group, Inc., the second paragraph
concerning the Maxim INVESCO Balanced Portfolio should be deleted and replaced
with the following:
The day-to-day management of the Maxim INVESCO Balanced Portfolio is provided by
the following members of INVESCO's Equity Income and Fixed Income teams: Donovan
J. (Jerry) Paul, Charles P. Mayer and Peter M. Lovell. Mr. Lovell is the lead
portfolio manager of the Portfolio and the INVESCO Balanced Fund (since 2000).
Mr. Lovell previously was co-portfolio manager of the INVESCO Balanced Fund and
the Maxim INVESCO Balanced Portfolio (1998 to 2000), an equity analyst with
INVESCO's Equity Income team (1996-1999), an equity assistant with INVESCO's
investment division (1994-1996) and co-financial consultant with Merrill Lynch
(1992-1994). Mr. Mayer is a co-portfolio manager of the Portfolio, INVESCO
Equity Income Fund, Inc., INVESCO VIF-Equity Income Fund and the INVESCO
Balanced Fund. Mr. Mayer began his investment career in 1969 and is now senior
vice president and director of INVESCO; from 1993 to 1994, he was a vice
president of INVESCO. From 1984 to 1993, he was a portfolio manager with
Westinghouse Pension. Mr. Paul focuses on the fixed income investments for the
Portfolio. Since 1994, he has also served as co-portfolio manager for the
Portfolio and the INVESCO Balanced Portfolio; portfolio manager of INVESCO
Select Income Fund, INVESCO High Yield Fund, and INVESCO VIF-High Yield
Portfolio; co-portfolio manager of INVESCO Equity Income Fund, INVESCO VIF-
Equity Income Fund and INVESCO Tax-Free Bond Fund; portfolio manager and senior
vice president of INVESCO. Formerly, Mr. Paul was Senior Vice President and
Director of Fixed-Income Research (1989 to 1992) and portfolio manager (1987 to
1992) with Stein, Roe and Farnham Inc., and President (1993 to 1994) of Quixote
Investment Management, Inc
