RULE 497(e)
FIRST AMERICAN INVESTMENT FUNDS, INC.
STOCK FUND DIVERSIFIED GROWTH FUND TECHNOLOGY FUND
EQUITY INDEX FUND EMERGING GROWTH FUND HEALTH SCIENCES FUND
BALANCED FUND REGIONAL EQUITY FUND REAL ESTATE SECURITIES FUND
ASSET ALLOCATION FUND SPECIAL EQUITY FUND INTERNATIONAL FUND
EQUITY INCOME FUND
EQUITY FUNDS -- RETAIL CLASSES
Supplement dated June 30, 1997
to
Prospectus dated January 31, 1997
Under the heading "Through a Financial Institution" on page 44 of the
Prospectus, the following is added as paragraph two:
Certain brokers assist their clients in the purchase or redemption of
shares and charge a fee for this service.
In the first paragraph under the heading "Sales of Class A Shares at
Net Asset Value" on page 48 of the Prospectus, the third sentence is deleted and
replaced to read as follows:
In addition, Class A Shares may be purchased at net asset value without
a sales charge by qualified defined contribution plans participating in
the First American 401(k) Plan Program and by retirement and deferred
compensation plans and the trusts used to fund such plans (including,
but not limited to, those defined in section 401(a), 403(b) and 457 of
the Internal Revenue Code and "rabbi trusts"), which plans and trusts
purchase through "one-stop" mutual fund networks.
RULE 497(e)
FIRST AMERICAN INVESTMENT FUNDS, INC.
LIMITED TERM INCOME FUND
INTERMEDIATE TERM INCOME FUND
FIXED INCOME FUND
INTERMEDIATE GOVERNMENT BOND FUND
FIXED INCOME FUNDS -- RETAIL CLASSES
Supplement dated June 30, 1997
to
Prospectus dated January 31, 1997
Under the heading "Through a Financial Institution" on pages 23 - 24 of
the Prospectus, the following is added as paragraph two:
Certain brokers assist their clients in the purchase or redemption of
shares and charge a fee for this service.
In the first paragraph under the heading "Sales of Class A Shares at
Net Asset Value" on page 28 of the Prospectus, the third sentence is deleted and
replaced to read as follows:
In addition, Class A Shares may be purchased at net asset value without
a sales charge by qualified defined contribution plans participating in
the First American 401(k) Plan Program and by retirement and deferred
compensation plans and the trusts used to fund such plans (including,
but not limited to, those defined in section 401(a), 403(b) and 457 of
the Internal Revenue Code and "rabbi trusts"), which plans and trusts
purchase through "one-stop" mutual fund networks.
