<PAGE> 1
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 April 16, 1999
to the Prospectus dated June 1, 1998,
as supplemented June 5, 1998, June 16, 1998,
June 23, 1998, July 20, 1998, October 19, 1998,
December 14, 1998, February 5, 1999 and April 1, 1999
Effective April 16, 1999, the following information replaces in its entirety,
the table under "MANAGEMENT - INVESTMENT MANAGEMENT AND ADMINISTRATION:
TELECOMMUNICATIONS FUND" on page 45 of the prospectus:
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<CAPTION>
BUSINESS EXPERIENCE
NAME/OFFICE PAST FIVE YEARS
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<S> <C>
David P. Barnard Vice President of A I M Capital Management,
Houston Inc. ("AIM Capital"), a wholly owned
subsidiary of AIM and Portfolio Manager for
the Fund since 1999. He has been associated
with AIM and/or its subsidiaries since 1982 and
has been an investment professional since 1974.
Claude C. Cody IV Vice President of AIM Capital and Portfolio
Houston Manager for the Fund since 1999. He has
been associated with AIM and/or its
subsidiaries since 1992 and has been an
investment professional since 1976.
Robert M. Kippes Vice President of AIM Capital and Portfolio
Houston Manager for the Fund since 1999. He has been
associated with AIM and/or its subsidiaries
since he began working as an investment
professional in 1989.
Jonathan C. Schoolar Senior Vice President of A I M Capital and
Houston Portfolio Manager of the Fund since 1999.
He has been associated with AIM and/or its
subsidiaries since 1986 and has been an
investment professional since 1983.
Kenneth A. Zschappel Assistant Vice President of AIM Capital and
Houston Portfolio Manager for the Fund since 1999.
He has been associated with AIM and/or its
subsidiaries since he began working as an
investment professional in 1990.
T. Bradley Conger Portfolio Manager for the Fund since 1999.
Houston He has been associated with AIM and/or
its subsidiaries since 1997. From 1993 to
1997 he was a member of the Goldman Sachs
& Co. international equity sales team.
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