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AIM VARIABLE INSURANCE FUNDS
AIM V.I. GLOBAL GROWTH AND INCOME FUND
Supplement dated July 17, 2000
to the Prospectus dated May 1, 2000
as supplemented June 29, 2000
The second paragraph located under the section entitled "INVESTMENT OBJECTIVES
AND STRATEGIES", on page 1 of the prospectus, is deleted in its entirety and
replaced with the following:
"The fund seeks to meet its objectives by investing at
least 65% of its total assets in a combination of blue chip equity
securities and high-quality government bonds of U.S. and foreign
issuers. "Blue chip" equity securities are those which (1) offered,
during the issuer's most recent fiscal year, an above average
dividend yield relative to the latest reported dividend yield on the
Morgan Stanley Capital International World Index, or (2) are issued
by a company with total equity market capitalization of at least $1
billion, and which the fund's portfolio managers believe have the
potential for above-average growth in earnings and that are
well-established in their respective industries. High-quality
government bonds are rated within one of the two highest ratings
categories of Moody's Investors Service, Inc. or Standard & Poor's
Ratings Services, or are deemed by the portfolio managers to be of
comparable quality."
