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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. AGGRESSIVE GROWTH FUND
AIM V.I. BALANCED FUND
AIM V.I. CAPITAL APPRECIATION FUND
AIM V.I. CAPITAL DEVELOPMENT FUND
AIM V.I. DIVERSIFIED INCOME FUND
AIM V.I. GLOBAL UTILITIES FUND
AIM V.I. GOVERNMENT SECURITIES FUND
AIM V.I. GROWTH FUND
AIM V.I. GROWTH & INCOME FUND
AIM V.I. HIGH YIELD FUND
AIM V.I. INTERNATIONAL EQUITY FUND
AIM V.I. MONEY MARKET FUND
AIM V.I. VALUE FUND
Supplement dated March 17, 1999
to the Prospectus dated May 1, 1998,
as supplemented July 1, 1998, October 2, 1998,
October 5, 1998 and January 4, 1999
The following replaces the second, third and fourth sentences under the heading
"INVESTMENT OBJECTIVES AND PROGRAMS - AIM V.I. Growth & Income Fund" on page 11
of the Prospectus:
"The Fund seeks to meet these objectives by investing at least 65% of
its net assets in income-producing securities, including
dividend-paying common stocks and convertible securities. The Fund's
portfolio managers purchase securities of established companies that
have long-term above-average growth in earnings and dividends, and
growth companies that they believe have the potential for
above-average growth in earnings and dividends. The Fund's portfolio
managers consider whether to sell a particular security when they
believe the security no longer has that potential or the capacity to
generate income."