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GT GLOBAL VARIABLE INVESTMENT FUNDS
G.T. GLOBAL VARIABLE INVESTMENT SERIES
GT GLOBAL MONEY MARKET FUND
GT GLOBAL VARIABLE AMERICA FUND
GT GLOBAL VARIABLE EUROPE FUND
GT GLOBAL VARIABLE INTERNATIONAL FUND
GT GLOBAL VARIABLE NEW PACIFIC FUND
G.T. GLOBAL VARIABLE INVESTMENT TRUST
GT GLOBAL VARIABLE EMERGING MARKETS FUND
GT GLOBAL VARIABLE GLOBAL GOVERNMENT INCOME FUND
GT GLOBAL VARIABLE GROWTH & INCOME FUND
GT GLOBAL VARIABLE INFRASTRUCTURE FUND
GT GLOBAL VARIABLE LATIN AMERICA FUND
GT GLOBAL VARIABLE NATURAL RESOURCES FUND
GT GLOBAL VARIABLE STRATEGIC INCOME FUND
GT GLOBAL VARIABLE TELECOMMUNICATIONS FUND
GT GLOBAL VARIABLE U.S. GOVERNMENT INCOME FUND
Supplement dated October 19, 1998
to the Prospectus dated June 1, 1998,
as supplemented June 5, 1998, June 16, 1998,
June 23, 1998 and July 20, 1998
Effective October 19, 1998, INVESCO (NY), Inc. resigned as sub-advisor and
sub-administrator to GT Global Variable Infrastructure Fund, GT Global Variable
Natural Resources Fund and GT Global Variable Telecommunications Fund
(collectively, the "Funds"). A I M Advisors, Inc. will continue to serve as the
manager and administrator for the foregoing Funds.
Effective September 8, 1998, A I M Fund Services, Inc., a wholly owned
subsidiary of A I M Advisors, Inc. and a registered transfer agent, became the
exclusive transfer agent and dividend disbursing agent for all the series
portfolios of G.T. Global Variable Investment Series and G.T. Global Variable
Investment Trust.
The first sentence in the second paragraph under the heading: "CALCULATION OF
NET ASSET VALUE" on page 40 of the Prospectus should be deleted in its entirety
and replaced with the following:
"Equity securities held by the Funds are valued at the last sale price on the
exchange or on the Nasdaq National Market System in which such securities are
primarily traded, as of the close of business on the day the securities are
being valued or, lacking any sales, at the last available bid price."
