IAI Investment Funds, VI, Inc.
File No. 33-40496
SUPPLEMENT DATED FEBRUARY 16, 1999
TO THE PROSPECTUS DATED AUGUST 1, 1998
OF
IAI BALANCED FUND
MANAGEMENT OF FUND INVESTMENTS IN RESTRICTED SECURITIES
The following replaces the disclosure on page 16 of the Fund's current
Prospectus, and the Prospectus Supplement dated September 30, 1998, concerning
the management of Fund's investments in restricted securities:
Curt McLeod is responsible for Fund investments in restricted securities,
including equity and limited partnership interests in privately-held companies
and investment partnerships. Mr. McLeod is an IAI Vice President and equity
portfolio manager. Prior to joining IAI in 1997, Mr. McLeod had been a portfolio
manager with Piper Jaffray, Inc. since 1986.
MANAGEMENT OF FUND INVESTMENTS IN SECURITIES OF FOREIGN ISSUERS
The following replaces the disclosure on pages 16 of the Fund's current
Prospectus concerning the management of Fund investments in securities of
foreign issuers:
Hilary Fane has responsibility for the Fund's investments in securities of
foreign issuers. Ms. Fane is IAI International's Deputy Chief Investment
Officer, Director of European Investments, and a member of its Board of
Directors. Ms. Fane has served as a portfolio manager since joining IAI
International in 1985.
