AIM INVESTMENT FUNDS
497, 2000-04-19
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               AIM GLOBAL TELECOMMUNICATIONS AND TECHNOLOGY FUND

                            CLASS A, B AND C SHARES

                        Supplement dated April 19, 2000
                   to the Prospectus dated February 28, 2000


Effective April 19, 2000, the following replaces in its entirety the
information appearing under the heading "FUND MANAGEMENT - PORTFOLIO MANAGERS"
on page 5 of the Prospectus:

           "The advisor uses a team approach to investment management. The
           individual members of the team who are primarily responsible for the
           day-to-day management of the fund's portfolio, all of whom are
           officers of A I M Capital Management, Inc., a wholly owned
           subsidiary of the advisor, are

           o    David P. Barnard, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1982.

           o    Claude C. Cody IV, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1992.

           o    Abel Garcia, Senior Portfolio Manager, who has been responsible
                for the fund since 2000 and has been associated with the
                advisor and/or its affiliates since 2000. From 1984 to 2000,
                Mr. Garcia was a Senior Portfolio Manager for Waddell & Reed.

           o    Jason T. Holzer, Portfolio Manager, who has been responsible
                for the fund since 2000 and has been associated with the
                advisor and/or its affiliates since 1996. From 1994 to 1996, he
                was an associate with JMB Realty.

           o    Robert M. Kippes, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1989.

           o    Jonathan C. Schoolar, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1986.


           o    Kenneth A. Zschappel, Senior Portfolio Manager, who has been
                responsible for the fund since 1999 and has been associated
                with the advisor and/or its affiliates since 1990."



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