IAI Investment Funds, VI, Inc.
File No. 33-40496
SUPPLEMENT DATED DECEMBER 28, 1999
TO THE PROSPECTUS DATED AUGUST 1, 1999
OF
IAI BALANCED FUND
The following replaces the disclosure beginning on page 11
concerning the management of IAI Balanced Fund:
The Fund is managed by a team of IAI investment professionals which is
responsible for making the day-to-day investment decisions for the Fund. Larry
Hill has responsibility for the Fund's investments in fixed income securities.
Mr. Hill is IAI's Chief Fixed Income Officer and a member of the Board of
Directors, and has served as a fixed income portfolio manager since joining IAI
in 1984.
The Fund's investments in domestic equity securities are managed by
a team of investment professionals comprised of Keith Wirtz, David McDonald
and Jeff Malet. Mr. Wirtz joined IAI in March 1999 as President and Chief
Investment Officer. Prior to joining IAI, Mr. Wirtz was Chief Investment
Strategist for TradeStreet Investment Associates, Inc. from 1996 to 1999 and
Senior Vice President and Chief Investment Officer for Bank of America from
1992 to 1996. Mr. McDonald, who joined IAI in 1994, is a Vice President
and Senior Portfolio Manager. Mr. Malet joined IAI in January 1999 and is
a Vice President and Senior Portfolio Manager. Before joining IAI, Mr.
Malet was an equity analyst and associate portfolio manager with American
Express Financial Advisors.
Hilary Fane has responsibility for the Fund's investments in
securities of foreign issues. Ms. Fane is IAI International's Chief
Investment Officer and a member of its Board of Directors. Ms. Fane has
served as a portfolio manager since joining IAI International in 1985.
