INVESCO
Strategic Portfolios, Inc.
Supplement to Prospectus
dated March 1, 1998
The table entitled "Annual Portfolio Operating Expenses" contained in the
section of the Fund's Prospectus entitled "Annual Portfolio Expenses" is amended
to (1) delete the information regarding the Leisure Portfolio and (2) substitute
the following information in its place:
Leisure Portfolio
Management Fee 0.75%
12b-1 Fees(1) 0.25%
Other Expenses(2) 0.66%
Total Portfolio Operating Expenses(1)(2) 1.66%
(1) The 12b-1 fees for the period ending October 31, 1998 may be less
than 0.25% of the average net New Assets.
(2) It should be noted that the Portfolio's actual total operating
expenses were lower than the figures shown because the Portfolio's
custodian fees, transfer agency fees and distribution fees were reduced
under expense offset arrangements. However, as a result of an SEC
requirement for mutual funds to state their total operating expenses
without crediting any such expense offset arrangement, the figures
shown above do not reflect these reductions. In comparing expenses for
different years, please note that the Ratios of Expenses to Average Net
Assets shown under "Financial Highlights" do reflect any reductions for
periods prior to the fiscal year ended October 31, 1996. See "The Fund
And Its Management" and "How to Buy Shares -- Distribution Expenses."
The date of this Supplement is April 15, 1998.
