SUB-ITEM 77Q1(e)
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 Combination Stock & Bond Funds, Inc. (formerly INVESCO Multiple
Asset Funds, 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
Equity Income Fund and the INVESCO Total Return 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
Equity Income Fund and the INVESCO Total Return 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 Equity Income Fund
0.60% on the first $350 million of the Fund's average net assets;
0.55% on the next $350 million of the Fund's average net assets;
0.50% of the Fund's average net assets from $700 million;
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 Total Return 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;
0.50% 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.
IN WITNESS WHEREOF, the parties have executed this Agreement effective as of the
28th day of May, 1999.
ATTEST: INVESCO FUNDS GROUP, INC.
By:/s/ Xxxxxxx X. Xxxxxx
-----------------------------
Xxxxxxx X. Xxxxxx,
Senior Vice President
ATTEST:
/s/ Xxxx X. Xxxxx
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Xxxx X. Xxxxx,
Secretary
INVESCO COMBINATION STOCK AND BOND FUNDS, INC.
By: /s/ Xxxxxx X. Xxxxxx
-----------------------------
Treasurer & Chief Financial &
Accounting Officer
ATTEST:
/s/ Xxxx X. Xxxxx
-------------------------------
Xxxx X. Xxxxx,
Secretary
