IAI Investment Funds V, Inc.
File No. 33-1361
IAI Investment Funds VI, Inc.
File No. 33-40496
SUPPLEMENT DATED APRIL 6, 1998
TO THE JOINT PROSPECTUS DATED JUNE 1, 1997 OF
IAI MONEY MARKET FUND (a portfolio of IAI Investment Funds VI, Inc.)
IAI RESERVE FUND (a portfolio of IAI Investment Funds V, Inc.)
IAI RESERVE FUND- MANAGEMENT
The following replaces the fourth paragraph under "Management" on page 17.
Reserve Fund is managed by a team of IAI investment professionals which is
responsible for making the day-to-day investment decisions for the Fund. Reserve
Fund's team lead is Larry Hill, who is an Executive Vice President of IAI and
has been its Chief Fixed Income Officer since joining IAI in 1984. Mr. Hill has
been responsible for Reserve Fund since March 1998.
