<PAGE> 1
CLASS A AND CLASS B SHARES OF
AIM GLOBAL CONSUMER PRODUCTS AND SERVICES FUND
(A SERIES PORTFOLIO OF AIM INVESTMENT FUNDS)
Supplement dated October 16, 1998
to the Prospectus dated September 8, 1998
Effective October 19, 1998, INVESCO (NY), Inc. will resign as (i) sub-advisor
and sub-administrator to the Global Consumer Products and Services Portfolio
(the "Portfolio") and (ii) sub-administrator to AIM Global Consumer Products
and Services Fund (the "Fund"). A I M Advisors, Inc. will continue to serve as
the manager and administrator for the Fund and Portfolio.
<PAGE> 2
ADVISOR CLASS OF
AIM GLOBAL CONSUMER PRODUCTS AND SERVICES FUND
(A SERIES PORTFOLIO OF AIM INVESTMENT FUNDS)
Supplement dated October 16, 1998
to the Prospectus dated September 8, 1998
Effective October 19, 1998, INVESCO (NY), Inc. will resign as (i) sub-advisor
and sub-administrator to the Global Consumer Products and Services Portfolio
(the "Portfolio") and (ii) sub-administrator to AIM Global Consumer Products
and Services Fund (the "Fund"). A I M Advisors, Inc. will continue to serve as
the manager and administrator for the Fund and Portfolio.
