FINANCIAL INVESTORS TRUST
497, 2000-09-13
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                    Financial Investors Trust

                 Magnet Total Market Growth Fund
                         Adviser Shares
                         Investor Shares

               Supplement Dated September 12, 2000

The following information supplements and should be read in
conjunction with the information provided in the Fund's Adviser
Shares and Investor Shares Prospectuses dated August 28, 2000.


On page 1 of the Prospectuses, an asterisk shall be added after
the first sentence of the first paragraph under the section
entitled "Principal Investment Strategies" with a footnote at the
bottom of the page with the following language:

     See page 11 for Dow Jones license disclosure.

Page 11 was added to the Prospectuses with the following
language:

                  Dow Jones License Disclosure

     The Magnet Total Market Growth Fund (The "Fund") is not
     sponsored, endorsed, sold or promoted by Dow Jones.  Dow
     Jones makes no representation or warranty, express or
     implied, to the owners of the Fund or any member of the
     public regarding the advisability of investing in securities
     generally or in the Fund particularly.  Dow Jones' only
     relationship to the Licensee is the licensing of certain
     trademarks, trade names and service marks of Dow Jones and
     of the Dow Jones U.S. Total Market IndexSM, which is
     determined, composed and calculated by Dow Jones without
     regard to Revqual Index-Plus Investors, L.L.C. ("Revqual")
     or the Fund.  Dow Jones has no obligation to take the needs
     of Revqual or the owners of the Fund into consideration in
     determining, composing or calculating the Dow Jones U.S.
     Total Market IndexSM.  Dow Jones is not responsible for and
     has not participated in the determination of the timing of,
     prices at, or quantities of the Fund to be issued or in the
     determination or calculation of the equation by which the
     Fund is to be converted into cash.  Dow Jones has no
     obligation or liability in connection with the
     administration, marketing or trading of the Fund.

     DOW JONES DOES NOT GUARANTEE THE ACCURACY AND/OR THE
     COMPLETENESS OF THE DOW JONES U.S. TOTAL MARKET INDEXSM OR
     ANY DATA INCLUDED THEREIN AND DOW JONES SHALL HAVE NO
     LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS
     THEREIN.  DOW JONES MAKES NO WARRANTY, EXPRESS OR IMPLIED,
     AS TO RESULTS TO BE OBTAINED BY REVQUAL, OWNERS OF THE FUND,
     OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE DOW JONES
     U.S. TOTAL MARKET INDEXSM OR ANY DATA INCLUDED THEREIN.  DOW
     JONES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY
     DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR
     A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE DOW JONES
     U.S. TOTAL MARKET INDEXSM OR ANY DATA INCLUDED THEREIN.
     WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL DOW
     JONES HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT,
     PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES OR LOSSES, EVEN
     IF NOTIFIED OF THE POSSIBILITY THEREOF.  THERE ARE NO THIRD
     PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS
     BETWEEN DOW JONES AND REVQUAL.

On page 4 of the Prospectuses, the phrase "Systematic Investment
Program*" under the box entitled "Minimum Initial Investment"
shall be replaced with the following language:

     Automatic Investment Program*

On page 4 of the Prospectuses, the phrase "Systematic Withdrawal
Program*" under the box entitled "Minimum Initial Investment"
shall be replaced with the following language:

     Systematic Withdrawal Plan*

On page 4 of the Prospectuses, the footnote under the box
entitled "Minimum Initial Investment" shall be replaced with the
following language:

     *Please refer to page 8 for more complete information
regarding these programs.



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