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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. GLOBAL GROWTH AND INCOME FUND
Supplement dated March 13, 2000
to the Prospectus dated February 16, 2000
The following replaces in its entirety the section entitled "FUND MANAGEMENT -
THE ADVISORS" on page 3 of the Prospectus:
"THE ADVISORS
A I M Advisors, Inc. (the advisor) serves as the fund's investment
advisor and is responsible for its day-to-day management including the
fund's investment decisions and the execution of securities
transactions. The advisor is located at 11 Greenway Plaza, Suite 100,
Houston, Texas 77046-1173. INVESCO Asset Management Limited (the
subadvisor) serves as the fund's subadvisor, and is located at 11
Devonshire Square, London, England EC2M4YR. The subadvisor is
responsible for providing the advisor with economic and market
research, securities analysis and investment recommendations with
respect to the fund. Both entities are affiliated.
At a meeting held on March 7, 2000, the Board of Directors,
including a majority of the independent directors, approved the
termination of the subadvisory agreement between the Advisor and the
subadvisor, effective March 20, 2000. In approving such termination,
the Board considered the nature and quality of services rendered and
to be rendered by the Advisor and the Advisor's qualifications
regarding its provision of the services previously provided by the
subadvisor.
The advisor has acted as an investment advisor since its
organization in 1976. Today, the advisor, together with its
subsidiaries, advises or manages over 120 investment portfolios,
including the fund, encompassing a broad range of investment
objectives."
