AMENDMENT NO. 1 TO MASTER INVESTMENT ADVISORY AGREEMENT
1
EXHIBIT 5(a)(5)
AMENDMENT NO. 1
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of ________________________________, 1997,
amends the Master Investment Advisory Agreement (the "Agreement"), dated
February 28, 1997, between AIM International Funds, Inc., a Maryland
corporation, and A I M Advisors, Inc., a Delaware corporation.
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to add two new
portfolios, the AIM Asia-Pacific Growth Fund and the AIM European Capital
Growth Fund;
NOW, THEREFORE, the parties agree as follows;
1. Appendix A to the Agreement is hereby deleted in its entirety
and replaced with the following:
"APPENDIX A
TO
MASTER INVESTMENT ADVISORY AGREEMENT
OF
AIM INTERNATIONAL FUNDS, INC.
The Company shall pay the Advisor, out of the assets of a Fund, as
full compensation for all services rendered and all facilities furnished
hereunder, a management fee for such Fund set forth below. Such fee shall be
calculated by applying the following annual rates to the average daily net
assets of such Fund for the calendar year computed in the manner used for the
determination of the net asset value of shares of such Fund.
AIM ASIA-PACIFIC GROWTH FUND
AIM EUROPEAN CAPITAL GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.95%
Over $500 million . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.09%
AIM GLOBAL AGGRESSIVE GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.90%
Over $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.85%
2
AIM GLOBAL GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.85%
Over $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.80%
AIM GLOBAL INCOME FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.70%
Over $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.65%
AIM INTERNATIONAL EQUITY FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.95%
Over $1 billion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.90%
2. In all other respects, the Agreement is hereby confirmed and
remains in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be
executed by their respective officers on the date first written above.
Dated: ________________________________, 1997
AIM INTERNATIONAL FUNDS, INC.
Attest: By:
------------------------------ -----------------------------------------------------
Assistant Secretary President
(SEAL)
A I M ADVISORS, INC.
Attest: By:
------------------------------ -----------------------------------------------------
Assistant Secretary President
(SEAL)
