IAI INVESTMENT FUNDS VI INC
497, 2000-03-02
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                                                  IAI Investment Funds, VI, Inc.
                                                               File No. 33-40496



                         SUPPLEMENT DATED MARCH 2, 2000

                     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:

     Commencing on the date of this supplement, the Fund's investments in
domestic equity securities are managed by a team of investment professionals
comprised of Keith Wirtz, Jeffrey Beard, Mark McCall 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. Beard joined
IAI in March 2000 as Vice President and Portfolio Manager. Before joining IAI,
Mr. Beard was Senior Vice President and Senior Portfolio Manager for TradeStreet
Investment Associates, Inc. and held various senior portfolio management and
analyst positions with First Chicago NBD Investment Management Company from 1982
to 1999. Mr. McCall, also joined IAI in March 2000 as Vice President and
Portfolio Manager. Previously, Mr. McCall was a Portfolio Manager for
TradeStreet Investment Associates, Inc. from 1996 to 2000 and a Senior Equity
Analyst for NationsBank Investment Management from 1993 to 1995. Mr. Malet
joined IAI in January 1999 and is a Vice President and Portfolio Manager.
Before joining IAI, Mr. Malet was an equity analyst and associate portfolio
manager with American Express Financial Advisors from 1995 to 1999.



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