AIM INVESTMENT FUNDS
497, 2000-09-29
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                           CLASS A, B AND C SHARES OF

                       AIM GLOBAL FINANCIAL SERVICES FUND

                      Supplement dated September 29, 2000
                   to the Prospectus dated February 28, 2000,
                         as revised September 11, 2000


Effective September 29, 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    Clas G. Olsson, Senior Portfolio Manager, who has been
          responsible for the fund since 2000 and has been associated with
          the advisor and/or its affiliates since 1994.

     o    Robert A. Shelton, Portfolio Manager, who has been responsible
          for the fund since 1999 and has been associated with the advisor
          and/or its affiliates since 1995. From 1991 to 1995, he was a
          financial analyst for CS First Boston.

     o    Barrett K. Sides, Portfolio Manager, who has been responsible for
          the fund since 1999 and has been associated with the advisor
          and/or its affiliates since 1990.

     o    Meggan M. Walsh, Portfolio Manager, who has been responsible for
          the fund since 2000 and has been associated with the advisor
          and/or its affiliates since 1991."







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