AMENDMENT NO. 1 TO MASTER INVESTMENT ADVISORY AGREEMENT
Exhibit d(1)(b)
AMENDMENT NO. 1
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of October 15, 2004, amends the Master Investment Advisory Agreement (the “Agreement”), dated November 25, 2003, between AIM Combination Stock & Bond Funds, a Delaware statutory trust, 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 rename each INVESCO Fund by replacing “INVESCO” with “AIM” and further to change the name of INVESCO Core Equity Fund to AIM Core Stock Fund;
NOW, THEREFORE, the parties agree as follows;
| 1. | Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following: |
“APPENDIX A
FUNDS AND EFFECTIVE DATES
| Name of Fund |
Effective Date of Advisory Agreement | |
| AIM Core Stock Fund |
November 25, 2003 | |
| AIM Total Return Fund |
November 25, 0000 | |
XXXXXXXX X
COMPENSATION TO THE ADVISOR
The Trust shall pay the Advisor, out of the assets of a Fund, as full compensation for all services rendered, an advisory 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 Core Stock Fund
| Net Assets |
Annual Rate |
||
| First $350 million | 0.60 | % | |
| Next $350 million | 0.55 | % | |
| Next $1.3 billion | 0.50 | % | |
| Next $2 billion | 0.45 | % | |
| Next $2 billion | 0.40 | % | |
| Next $2 billion | 0.375 | % | |
| Over $8 billion | 0.35 | % |
AIM Total Return Fund
| Net Assets |
Annual Rate |
||
| First $500 million |
0.75 | % | |
| Next $500 million |
0.65 | % | |
| Next $1 billion |
0.50 | % | |
| Next $2 billion |
0.45 | % | |
| Next $2 billion |
0.40 | % | |
| Next $2 billion |
0.375 | % | |
| Over $8 billion |
0.35 | % |
| 2. | In all other respects, the Agreement is hereby confirmed and remains in full force and effect. |
2
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.
| AIM COMBINATION STOCK & BOND FUNDS | ||||||
| Attest: | /s/ Xxxx Xxxx |
By: | /s/ Xxxxxx X. Xxxxxx | |||
| Assistant Secretary | Xxxxxx X. Xxxxxx | |||||
| President | ||||||
(SEAL)
| A I M ADVISORS, INC. | ||||||
| Attest: | /s/ Xxxx Xxxx |
By: | /s/ Xxxx X. Xxxxxxxxxx | |||
| Assistant Secretary | Xxxx X. Xxxxxxxxxx | |||||
| President | ||||||
(SEAL)
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