INVESCO STRATEGIC PORTFOLIOS INC
497, 1997-04-04
Previous: MEDICAL RESOURCES INC /DE/, 8-K, 1997-04-04
Next: GATEWAY INDUSTRIES INC /CA/, SC 13D/A, 1997-04-04



                       INVESCO STRATEGIC PORTFOLIOS, INC.
                                     Energy
                              Enviromental Services
                               Financial Services
                                      Gold
                                 Health Sciences
                                     Leisure
                                   Technology
                                    Utilities

                 Supplement to Prospectus dated March 1, 1997

The Section of the INVESCO Strategic  Portfolios,  Inc. Prospectus entitled "The
Fund And Its  Management" is amended to (1) delete the last  paragraph,  and (2)
substitute the following paragraph in its place:

      IFG is an indirect wholly owned  subsidiary of AMVESCO PLC. AMVESCO PLC is
      a publicly-traded holding company that, through its subsidiaries,  engages
      in the  business  of  investment  management  on an  international  basis.
      INVESCO PLC changed its name to AMVESCO PLC on March 3, 1997, as part of a
      merger  between a direct  subsidiary  of INVESCO PLC and A I M  Management
      Group  Inc.,  thus  creating  one of the  largest  independent  investment
      management  businesses  in the  world.  Subject to  obtaining  shareholder
      approval at its regular Annual Shareholder Meeting, the board of directors
      of AMVESCO PLC has concluded  that the corporate name should be changed to
      AMVESCAP PLC effective May 8, 1997. IFG and INVESCO Trust will continue to
      operate under their existing names. AMVESCO has approximately $165 billion
      in assets under management. IFG was established in 1932 and, as of October
      31, 1996, managed 14 mutual funds,  consisting of 39 separate  portfolios,
      with  combined  assets of  approximately  $13.4  billion on behalf of over
      829,000 shareholders. INVESCO Trust (founded in 1969) served as adviser or
      sub-adviser to 47 investment  portfolios as of October 31, 1996, including
      27 portfolios  in the INVESCO  group.  These 47  portfolios  had aggregate
      assets of approximately $12.5 billion as of October 31, 1996. In addition,
      INVESCO Trust provides investment  management services to private clients,
      including  employee  benefit  plans that may be invested  in a  collective
      trust sponsored by INVESCO Trust.

The date of this Supplement is March 31, 1997.


<PAGE>








                       INVESCO STRATEGIC PORTFOLIOS, INC.

              Supplement to Statement of Additional Information
                               dated March 1, 1997

The Section of the INVESCO Strategic  Portfolios,  Inc.  Statement of Additional
Information entitled "The Funds And Its Management" is amended to (1) delete the
fourth and fifth  paragraphs  and (2) substitute the following new paragraphs in
their place:

            INVESCO is an indirect  wholly  owned  subsidiary  of AMVESCO PLC, a
      publicly-traded  holding company that, through its subsidiaries engages in
      the business of investment  management on an international  basis. INVESCO
      PLC  changed  its name to AMVESCO PLC on March 3, 1997 as part of a merger
      between a direct  subsidiary  of INVESCO  PLC and A I M  Management  Group
      Inc., thus creating one of the largest independent  investment  management
      businesses  in the world with  approximately  $165 billion in assets under
      management.  Subject to  obtaining  shareholder  approval  at its  regular
      Annual  Shareholder  Meeting,  the board of  directors  of AMVESCO PLC has
      concluded  that the  corporate  name  should be  changed to  AMVESCAP  PLC
      effective  May 8, 1997.  IFG and  INVESCO  Trust will  continue to operate
      under their  existing  names.  INVESCO was  established  in 1932 and as of
      October  31,  1996,  managed 14 mutual  funds,  consisting  of 39 separate
      portfolios,  on behalf of over 829,000  shareholders.  AMVESCO PLC's other
      North American subsidiaries include the following:

            --INVESCO   Capital   Management,   Inc.  of   Atlanta,   Georgia,
      manages     institutional     investment     portfolios,      consisting
      primarily    of    discretionary     employee    benefit    plans    for
      corporations   and   state   and  local   governments,   and   endowment
      funds.    INVESCO    Capital    Management,    Inc.    is    the    sole
      shareholder   of  INVESCO   Services,   Inc.,   a   registered   broker-
      dealer  whose  primary   business  is  the  distribution  of  shares  of
      two registered investment companies.

            --INVESCO    Management    &    Research,    Inc.    of    Boston,
      Massachusetts,     primarily     manages     pension    and    endowment
      accounts.

            --PRIMCO     Capital     Management,     Inc.    of    Louisville,
      Kentucky,   specializes   in   managing   stable   return   investments,
      principally on behalf of Section 401(k) retirement plans.

            --INVESCO     Realty    Advisors    of    Dallas,     Texas,    is
      responsible   for   providing   advisory   services  in  the  U.S.  real
      estate   markets   for  AMVESCO   PLC's   clients   worldwide.   Clients
      include   corporate   pension   plans  and  public   pension   funds  as
      well as endowment and foundation accounts.




<PAGE>


            --A   I   M   Advisors,    Inc.   of   Houston,   Texas   provides
      investment   advisory  and   administrative   services  for  retail  and
      institutional mutual funds.

            --A  I  M  Capital  Management,  Inc.  of  Houston,  Texas  provides
      investment advisory services to individuals,  corporations,  pension plans
      and  other  private  investment  advisory  accounts  and also  serves as a
      sub-advisor to certain retail and institutional mutual funds, one Canadian
      mutual fund and one portfolio of an open-end registered investment company
      that is offered to separate accounts of variable insurance companies.

            --A  I  M   Distributors,   Inc.  and  Fund   Management   Company
      of   Houston,   Texas  are   registered   broker-dealers   that  act  as
      the  principal   underwriters  for  retail  and   institutional   mutual
      funds.

            The  corporate  headquarters  of  AMVESCO  PLC  are  located  at  11
      Devonshire Square, London, EC2M 4YR, England.

This supplement is dated March 31, 1997.




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission