IAI Investment Funds, VI, Inc.
File No. 33-40496
SUPPLEMENT DATED NOVEMBER 1, 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, Jeff
Malet and Paul Roach. 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. Mr. Roach is an IAI Associate Vice President and Associate Portolio
Manager. Prior to joining IAI in 1996, Mr. Roach
worked in the personal trust department at Norwest Bank.
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.
