INVESCO INTERNATIONAL FUNDS, INC.
INVESCO European Fund
INVESCO International Blue Chip Fund
INVESCO Pacific Basin Fund
Supplement to Prospectus Dated March 1, 1999
The section of the Funds' Prospectus entitled "Fees And Expenses" is amended to
(1) delete the table following the heading "Shareholder Fees Paid Directly From
Your Account" and (2) substitute the following in its place:
Maximum Sales Charge (Load) Imposed on Purchases
(as a percentage of offering price) None
Maximum Deferred Sales Charge (Load) None
Maximum Sales Charge (Load) Imposed on Reinvested
Dividends and Other Distributions None
Redemption Fee (as a percentage of amount redeemed) 2.00%*
Exchange Fee 2.00%*
Maximum Account Fee None
In addition, the section of the Funds' Prospectus entitled "Fees And Expenses"
is amended to (1) delete the last footnote and (2) substitute the following in
its place:
* A 2% fee shall be imposed on redemptions or exchanges of shares that
you have held three months or less.
The section of the Funds' Prospectus entitled "How to Buy Shares" is amended to
(1) delete the second sentence of the first paragraph and (2) substitute the
following in its place:
There is no charge to invest directly through INVESCO. However, upon an
exchange of shares held three months or less (other than shares acquired
through reinvestment of dividends or other distributions), a fee of 2% of
the current net asset value of the shares being exchanged will be assessed
and retained by the Funds for the benefit of the remaining shareholders.
The section of the Funds' Prospectus entitled "How to Buy Shares" is amended to
(1) delete the ninth paragraph (entitled "Redemption Fee") and (2) substitute
the following in its place:
If you exchange shares of these Funds after holding them three months or
less (other than shares acquired through reinvestment of dividends or
other distributions), a fee of 2% of the current net asset value of the
shares being exchanged will be assessed and retained by the Funds for the
benefit of the remaining shareholders. This fee is intended to encourage
long-term investment in the Fund, to avoid transaction and other expenses
caused by early redemption, and to facilitate portfolio management. The
fee is currently waived for institutional, qualified retirement plan and
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other shareholders investing through omnibus accounts, due to certain
economies associated with these accounts. However, the Funds reserve the
right to impose redemption fees on shares held by such shareholders at any
time if warranted by the Funds' future cost of processing redemptions. The
redemption fee may be modified or discontinued at any time or from time to
time. This fee is not a deferred sales charge, is not a commission paid to
INVESCO, and does not benefit INVESCO in any way. The fee applies to
redemptions from the Funds and exchanges into any of the other no-load
mutual funds which are also advised by INVESCO and distributed by IDI. The
Funds will use the "first-in, first-out" method to determine your holding
period. Under this method, the date of redemption or exchange will be
compared with the earliest purchase date of shares held in your account.
If your holding period is less than three months, the redemption/exchange
fee will be assessed on the current net asset value of those shares.
The section of the Funds' Prospectus entitled "How To Sell Shares" is amended to
(1) delete the seventh paragraph (entitled "Redemption Fee") and (2) substitute
the following in its place:
If you exchange or redeem shares of these Funds after holding them three
months or less (other than shares acquired through reinvestment of
dividends or other distributions), a fee of 2% of the current net asset
value of the shares being exchanged or redeemed will be assessed and
retained by the Funds for the benefit of the remaining shareholders. This
fee is intended to encourage long-term investment in the Funds, to avoid
transaction and other expenses caused by early redemptions, and to
facilitate portfolio management. The fee is currently waived for
institutional, qualified retirement plan and other shareholders investing
through omnibus accounts, due to certain economies associated with these
accounts. However, the Funds reserve the right to impose redemption fees
on shares held by such shareholders at any time if warranted by the Funds'
future cost of processing redemptions. The redemption fee may be modified
or discontinued at any time or from time to time. This fee is not a
deferred sales charge, is not a commission paid to INVESCO, and does not
benefit INVESCO in any way. The fee applies to redemptions from the Funds
and exchanges into any of the other no-load mutual funds which are also
advised by INVESCO and distributed by IDI. The Funds will use the
"first-in, first-out" method to determine your holding period. Under this
method, the date of redemption or exchange will be compared with the
earliest purchase date of shares held in your account. If your holding
period is less than three months, the redemption/exchange fee will be
assessed on the current net asset value of those shares.
This Supplement supersedes the Supplement dated April 22, 1999.
The date of this Supplement is September 13, 1999.
