INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Fund
INVESCO VIF - Small Company Growth Fund
INVESCO VIF - Total Return Fund
INVESCO VIF - High Yield Fund
INVESCO VIF - Utilities Fund
Supplement to Prospectus dated May 1, 1997
As Supplemented December 19, 1997
The section of above Funds' prospectus entitled "Management" is amended to (1)
delete the eighteenth paragraph and (2) insert the following new paragraph in
its place:
Out of the advisory fee which it receives from each Fund,
INVESCO pays that Fund's sub-adviser a monthly subadvisory fee. No fee
is paid by any Fund to its subadviser. The subadvisory fees for the
Industrial Income and Total Return Funds are each computed at the
following annual rates: prior to January 1, 1998, 0.375% on the first
$500 million of each Fund's average net assets, 0.325% on the next $500
million of each Fund's average net assets and 0.275% on each Fund's
average net assets in excess of $1 billion; and effective January 1,
1998, 0.25% on the first $500 million of each Fund's average net
assets, 0.2167% on the next $500 million of each Fund's average net
assets, and 0.1833% on each Fund's average net assets in excess of $1
billion. The subadvisory fees for the Small Company Growth Fund is
computed at the following annual rates: prior to January 1, 1998, 0.25%
on the first $200 million of the Fund's average net assets and 0.20% on
the Fund's average net assets in excess of $200 million; and effective
January 1, 1998, 0.25% on the first $350 million of the Fund's average
net assets, 0.2167% on the next $350 million of the Fund's average net
assets, and 0.1833% on the Fund's average net assets in excess of $700
million. The subadvisory fees for the High Yield and Utilities Funds
are each computed at the following annual rates: prior to January 1,
1998, 0.300% on the first $500 million of each Fund's average net
assets, 0.275% on the next $500 million of each Fund's average net
assets and 0.225% on each Fund's average net assets in excess of $1
billion; and effective January 1, 1998, 0.20% on the first $500 million
of each Fund's average net assets, 0.1833% on the next $500 million of
each Fund's average net assets, and 0.15% on each Fund's average net
assets in excess of $1 billion.
The date of this Supplement is December 31, 1997.
<PAGE>
INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Fund
INVESCO VIF - Total Return Fund
INVESCO VIF - High Yield Fund
Supplement to Prospectus dated May 1, 1997
As Supplemented May 1, 1997
The section of above Funds' prospectus entitled "Management" is amended to (1)
delete the thirteenth paragraph and (2) insert the following new paragraph in
its place:
Out of the advisory fee which it receives from each Fund,
INVESCO pays that Fund's sub-adviser a monthly subadvisory fee. No fee
is paid by any Fund to its subadviser. The subadvisory fees for the
Industrial Income and Total Return Funds are each computed at the
following annual rates: prior to January 1, 1998, 0.375% on the first
$500 million of each Fund's average net assets, 0.325% on the next $500
million of each Fund's average net assets and 0.275% on each Fund's
average net assets in excess of $1 billion; and effective January 1,
1998, 0.25% on the first $500 million of each Fund's average net
assets, 0.2167% on the next $500 million of each Fund's average net
assets, and 0.1833% on each Fund's average net assets in excess of $1
billion. The subadvisory fees for the High Yield Fund is computed at
the following annual rates: prior to January 1, 1998, 0.300% on the
first $500 million of the Fund's average net assets, 0.275% on the next
$500 million of the Fund's average net assets and 0.225% on the Fund's
average net assets in excess of $1 billion; and effective January 1,
1998, 0.20% on the first $500 million of the Fund's average net assets,
0.1833% on the next $500 million of the Fund's average net assets, and
0.15% on the Fund's average net assets in excess of $1 billion.
The date of this Supplement is December 31, 1997.
<PAGE>
INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Fund
INVESCO VIF - Total Return Fund
Supplement to Prospectus dated May 1, 1997
As Supplemented May 1, 1997
The section of above Funds' prospectus entitled "Management" is amended to (1)
delete the twelfth paragraph and (2) insert the following new paragraph in its
place:
Out of the advisory fee which it receives from each Fund,
INVESCO pays that Fund's sub-adviser a monthly subadvisory fee. No fee
is paid by any Fund to its subadviser. The subadvisory fees for the
Industrial Income and Total Return Funds are each computed at the
following annual rates: prior to January 1, 1998, 0.375% on the first
$500 million of each Fund's average net assets, 0.325% on the next $500
million of each Fund's average net assets and 0.275% on each Fund's
average net assets in excess of $1 billion; and effective January 1,
1998, 0.25% on the first $500 million of each Fund's average net
assets, 0.2167% on the next $500 million of each Fund's average net
assets, and 0.1833% on each Fund's average net assets in excess of $1
billion.
The date of this Supplement is December 31, 1997.
<PAGE>
INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Fund
INVESCO VIF - Utilities Fund
Supplement to Prospectus dated May 1, 1997
As Supplemented May 1, 1997
The section of above Funds' prospectus entitled "Management" is amended to (1)
delete the eleventh paragraph and (2) insert the following new paragraph in its
place:
Out of the advisory fee which it receives from each Fund,
INVESCO pays that Fund's sub-adviser a monthly subadvisory fee. No fee
is paid by any Fund to its subadviser. The subadvisory fees for the
Industrial Income Fund is computed at the following annual rates: prior
to January 1, 1998, 0.375% on the first $500 million of the Fund's
average net assets, 0.325% on the next $500 million of the Fund's
average net assets and 0.275% on the Fund's average net assets in
excess of $1 billion; and effective January 1, 1998, 0.25% on the first
$500 million of the Fund's average net assets, 0.2167% on the next $500
million of the Fund's average net assets, and 0.1833% on the Fund's
average net assets in excess of $1 billion. The subadvisory fees for
the Utilities Fund is computed at the following annual rates: prior to
January 1, 1998, 0.300% on the first $500 million of the Fund's average
net assets, 0.275% on the next $500 million of the Fund's average net
assets and 0.225% on the Fund's average net assets in excess of $1
billion; and effective January 1, 1998, 0.20% on the first $500 million
of the Fund's average net assets, 0.1833% on the next $500 million of
the Fund's average net assets, and 0.15% on the Fund's average net
assets in excess of $1 billion.
The date of this Supplement is December 31, 1997.
<PAGE>
INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Fund
Supplement to Prospectus dated May 1, 1997
As Supplemented May 1, 1997
The section of above Funds' prospectus entitled "Management" is amended to (1)
delete the ninth paragraph and (2) insert the following new paragraph in its
place:
Out of the advisory fee which it receives from the Fund,
INVESCO pays the Fund's sub-adviser a monthly subadvisory fee. No fee
is paid by the Fund to its subadviser. The subadvisory fees for the
Industrial Income Fund is computed at the following annual rates: prior
to January 1, 1998, 0.375% on the first $500 million of the Fund's
average net assets, 0.325% on the next $500 million of the Fund's
average net assets and 0.275% on the Fund's average net assets in
excess of $1 billion; and effective January 1, 1998, 0.25% on the first
$500 million of the Fund's average net assets, 0.2167% on the next $500
million of the Fund's average net assets, and 0.1833% on the Fund's
average net assets in excess of $1 billion.
The date of this Supplement is December 31, 1997.
<PAGE>
INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Fund
INVESCO VIF - High Yield Fund
Supplement to Prospectus dated May 1, 1997
As Supplemented May 1, 1997
The section of above Funds' prospectus entitled "Management" is amended to (1)
delete the tenth paragraph and (2) insert the following new paragraph in its
place:
Out of the advisory fee which it receives from each Fund,
INVESCO pays that Fund's sub-adviser a monthly subadvisory fee. No fee
is paid by any Fund to its subadviser. The subadvisory fees for the
Industrial Income Fund is computed at the following annual rates: prior
to January 1, 1998, 0.375% on the first $500 million of the Fund's
average net assets, 0.325% on the next $500 million of the Fund's
average net assets and 0.275% on the Fund's average net assets in
excess of $1 billion; and effective January 1, 1998, 0.25% on the first
$500 million of the Fund's average net assets, 0.2167% on the next $500
million of the Fund's average net assets, and 0.1833% on the Fund's
average net assets in excess of $1 billion. The subadvisory fees for
the High Yield Fund is computed at the following annual rates: prior to
January 1, 1998, 0.300% on the first $500 million of the Fund's average
net assets, 0.275% on the next $500 million of the Fund's average net
assets and 0.225% on the Fund's average net assets in excess of $1
billion; and effective January 1, 1998, 0.20% on the first $500 million
of the Fund's average net assets, 0.1833% on the next $500 million of
the Fund's average net assets, and 0.15% on the Fund's average net
assets in excess of $1 billion.
The date of this Supplement is December 31, 1997.
<PAGE>
INVESCO VARIABLE INVESTMENT FUNDS, INC.
INVESCO VIF - Industrial Income Fund
INVESCO VIF - Health Sciences Fund
INVESCO VIF - Technology Fund
Supplement to Prospectus dated May 1, 1997
As Supplemented May 1, 1997
The section of above Funds' prospectus entitled "Management" is amended to (1)
delete the twelfth paragraph and (2) insert the following new paragraph in its
place:
Out of the advisory fee which it receives from each Fund,
INVESCO pays that Fund's sub-adviser a monthly subadvisory fee. No fee
is paid by any Fund to its subadviser. The subadvisory fees for the
Industrial Income Fund is computed at the following annual rates: prior
to January 1, 1998, 0.375% on the first $500 million of the Fund's
average net assets, 0.325% on the next $500 million of the Fund's
average net assets and 0.275% on the Fund's average net assets in
excess of $1 billion; and effective January 1, 1998, 0.25% on the first
$500 million of the Fund's average net assets, 0.2167% on the next $500
million of the Fund's average net assets, and 0.1833% on the Fund's
average net assets in excess of $1 billion. The subadvisory fees for
the Health Science and Technology Funds are each computed at the
following annual rates: prior to January 1, 1998, 0.25% on the first
$200 million of each Fund's average net assets and 0.20% on each Fund's
average net assets in excess of $200 million; and effective January 1,
1998, 0.25% on the first $350 million of each Fund's average net
assets, 0.2167% on the next $350 million of each Fund's average net
assets, and 0.1833% on each Fund's average net assets in excess of $700
million.
The date of this Supplement is December 31, 1997.
