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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. DIVERSIFIED INCOME FUND
Supplement dated October 9, 1996
to the Prospectus dated May 1, 1996
The fourth sentence of the second paragraph under the caption "Investment
Objective and Programs - Investment Objective" on page 3 is revised to read in
its entirety as follows:
"The Fund may invest up to 10% of its total assets in common
stocks, preferred stocks, similar equity securities and
convertible securities of U.S. and foreign companies."
The second sentence of the first paragraph under the caption "Certain
Investment Strategies and Techniques" on page 4 is revised to read in its
entirety as follows:
"The Fund may: (1) invest in money market obligations, foreign
securities (including ADRs and EDRs), repurchase agreements,
reverse repurchase agreements, taxable municipal securities,
illiquid securities and Rule 144A securities; (2) invest in
U.S. Government Agency Mortgage-Backed Securities;
(3) purchase or sell securities on a delayed delivery or
when-issued basis and may borrow money; and (4) lend portfolio
securities and make short sales "against the box.""
