INVESCO STRATEGIC PORTFOLIOS, INC.
INVESCO Energy Portfolio
INVESCO Environmental Services Portfolio
INVESCO Financial Services Portfolio
INVESCO Gold Portfolio
INVESCO Health Sciences Portfolio
INVESCO Leisure Portfolio
INVESCO Technology Portfolio
INVESCO Utilities Portfolio
Supplement to Prospectus dated March 1, 1998
The name of the INVESCO Technology Portfolio has been changed to INVESCO
Technology Fund - Class II. This name change was made as a result of the
addition of the INVESCO Technology Fund - Class I. Therefore, any reference in
the Prospectus to the name of the Fund is hereby changed to INVESCO Technology
Fund - Class II.
Effective January 1, 1999, the name of INVESCO Strategic Portfolios, Inc. is
changed to INVESCO Sector Funds, Inc. Therefore, any reference in the Prospectus
to the name of the Company is hereby changed to INVESCO Sector Funds, Inc.
Further, any reference in the Prospectus to the "Fund" is hereby changed to the
"Company."
Effective January 1, 1999, the names of the Portfolios are changed to:
INVESCO Energy Fund
INVESCO Environmental Services Fund
INVESCO Financial Services Fund
INVESCO Gold Fund
INVESCO Health Sciences Fund
INVESCO Leisure Fund
INVESCO Technology Fund - Class II
INVESCO Utilities Fund
Therefore, any reference in the Prospectus to the names of the Portfolios is
hereby changed as set forth above. Further, any reference in the Prospectus to
the "Portfolio" or "Portfolios" is hereby changed to the "Fund" or "Funds."
Effective February 1, 1999, the section of the Prospectus entitled "The Fund And
Its Management" is amended to (1) delete the first sentence of the fourth
paragraph, and (2) substitute the following sentence in its place:
All of the Funds, except for the Health Sciences Fund, are managed by
members of INVESCO's Sector Team, which is co-led by William R.
Keithler and John R. Schroer.
Effective February 1, 1999, the section of the Prospectus entitled "The Fund And
Its Management" is amended to insert the following sentence after the first
sentence of the fifth paragraph:
Mr. Segner also manages the Gold Fund.
Effective February 1, 1999, the section of the Prospectus entitled "The Fund And
Its Management" is amended to (1) delete the first sentence of the seventh
paragraph, and (2) substitute the following sentence in its place:
Financial Services: Jeffrey G. Morris, a Chartered Financial Analyst,
has been portfolio manager of the Fund since February 1999 and was
co-portfolio manager of the Fund from March 1997 to January 1999.
Effective February 1, 1999, the section of the Prospectus entitled "The Fund And
Its Management" is amended to delete the eighth paragraph in its entirety.
Effective February 1, 1999, the section of the Prospectus entitled "The Fund And
Its Management" is amended to (1) delete the ninth paragraph, and (2) substitute
the following paragraph in its place:
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Gold: John Segner has been the portfolio manager of the Fund since
February 1999. Mr. Segner also manages the Energy Fund. Mr. Segner is
also a vice president of INVESCO Funds Group, Inc. Mr. Segner was
previously the managing director and principal with The Mitchell
Group, Inc. (1990 to 1997), manager of marketing development
(1988 to 1990) and manager of financial analysis (1986 to 1988) with
First Tennessee National Corporation, and a financial analyst with
Amerada Hess Corporation (1985 to 1986). Mr. Segner received an M.B.A.
in Finance from the University of Texas-Austin and a B.S. in Civil
Engineering from the University of Alabama.
Effective January 1, 1999, the section of the Prospectus entitled "The Fund And
Its Management" is hereby amended to (1) delete the twelfth paragraph, and (2)
substitute the following paragraph in its place:
William R. Keithler, a Chartered Financial Analyst, has been the
portfolio manager of the Technology Fund since January 1999. He also
manages the INVESCO VIF - Technology Fund and is a senior vice
president of INVESCO. Bill was previously a portfolio manager with
Berger Associates, Inc. (1993 - 1998) and a portfolio manager with
INVESCO (1986 - 1993). He received an M.S. from the University of
Wisconsin - Madison and a B.A. from Webster College.
This Supplement supersedes the Supplement dated December 14, 1998.
The date of this Supplement is January 5, 1998.