AMENDMENT TO INVESTMENT ADVISORY AGREEMENT
This is an Amendment to the Investment Advisory Agreement made and entered
into between INVESCO Funds Group, Inc., a Delaware corporation (the "Adviser"),
and INVESCO Sector Funds, Inc. (formerly INVESCO Strategic Portfolios, Inc.), a
Maryland corporation (the "Fund") as of the 28th day of February, 1997 (the
"Agreement").
WHEREAS, the Company desires to have IFG perform investment advisory,
statistical, research, and certain administrative and clerical services with
respect to the management of the assets of the Company allocable to the INVESCO
Real Estate Opportunity Fund and the INVESCO Telecommunications Fund, and IFG is
willing and able to perform such services on the terms and conditions set forth
in the Agreement;
NOW, THEREFORE, in consideration of the premises and mutual covenants
contained in the Agreement, it is agreed that the terms and conditions of the
Agreement shall be applicable to the Company's assets allocable to the INVESCO
Real Estate Opportunity Fund and the INVESCO Telecommunications Fund, to the
same extent as if the Funds were to be added to the definition of "Funds" as
utilized in the Agreement, and that each Fund shall pay IFG a fee for services
provided to them by IFG under the Agreement as follows:
INVESCO Real Estate Opportunity Fund
0.75% on the first $500 million of the Fund's average net assets;
0.65% on the next $500 million of the Fund's average net assets;
0.55% of the Fund's average net assets from $1 billion;
0.45% of the Fund's average net assets from $2 billion;
0.40% of the Fund's average net assets from $4 billion;
0.375% of the Fund's average net assets from $6 billion; and
0.35% of the Fund's average net assets from $8 billion.
INVESCO Telecommunications Fund
0.65% on the first $500 million of the Fund's average net assets;
0.55% on the next $500 million of the Fund's average net assets;
0.45% of the Fund's average net assets from $1 billion;
0.40% of the Fund's average net assets from $4 billion;
0.375% of the Fund's average net assets from $6 billion; and
0.35% of the Fund's average net assets from $8 billion.
IN WITNESS WHEREOF, the parties have executed this Agreement effective as
of the 14th day of February, 2000.
ATTEST: INVESCO FUNDS GROUP, INC.
/s/ Xxxx X. Xxxxx By: /s/ Xxxxxxx X. Xxxxxx
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Xxxx X. Xxxxx, Xxxxxxx X. Xxxxxx,
Secretary Senior Vice President
ATTEST:
ATTEST: INVESCO SECTOR FUNDS, INC
/s/ Xxxx X. Xxxxx By: /s/ Xxxxx X. Xxxxxx
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Xxxx X. Xxxxx, Xxxxxx X. Xxxxxx
Secretary Treasurer & Chief Financial & Accounting Officer
.
