INVESCO INTERNATIONAL FUNDS, INC.
INVESCO Emerging Markets Fund
INVESCO European Fund
INVESCO International Blue Chip Fund
INVESCO International Growth Fund
INVESCO Pacific Basin Fund
Supplement to Prospectus dated March 1, 1999
Effective May 21, 1999, INVESCO Emerging Markets Fund was liquidated. All
references to that Fund in the Funds' Prospectus are hereby deleted.
Effective May 13, 1999, the section of the Funds' Prospectus entitled "Fees and
Expenses" is amended to (1) delete the table entitled Annual Fund Operating
Expenses That Are Deducted From Your Account and footnote (3) and (2) substitute
the following in their place:
ANNUAL FUND OPERATING EXPENSES THAT ARE DEDUCTED FROM FUND ASSETS
EUROPEAN FUND
Management Fee 0.71%
Distribution and Service (12b-1) Fees(2) 0.25%
Other Expenses(4) 0.43%
Total Annual Fund Operating Expenses(4) 1.39%
INTERNATIONAL BLUE CHIP FUND(1)
Management Fee 0.75%
Distribution and Service (12b-1) Fees(2) 0.25%
Other Expenses(3)(4) 4.75%
Total Annual Fund Operating Expenses(3)(4) 5.75%
INTERNATIONAL GROWTH FUND
Management Fee 1.00%
Distribution and Service (12b-1) Fees(2) 0.25%
Other Expenses(3)(4) 1.24%
Total Annual Fund Operating Expenses(3)(4) 2.49%
PACIFIC BASIN FUND
Management Fee 0.75%
Distribution and Service (12b-1) Fees(2) 0.25%
Other Expenses(3)(4) 1.63%
Total Annual Fund Operating Expenses(3)(4) 2.63%
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(3) Certain expenses of the International Blue Chip, International Growth
and Pacific Basin Funds are being voluntarily absorbed by INVESCO pursuant
to a commitment to those Funds. After absorption, the International Blue
Chip Fund's "Other Expenses" and "Total Annual Fund Operating Expenses"
were 1.00% and 2.00%, respectively; the International Growth Fund's "Other
Expenses" and "Total Annual Fund OperatingExpenses" were 0.80% and 2.05%,
respectively; and the Pacific Basin Fund's "Other Expenses" and "Total
Annual Fund Operating Expenses" were 1.07% and 2.07%, respectively.
The remainder of the table and the remainder of the footnotes are not
affected by this change.
Effective May 13, 1999, the section of the Fund's Prospectus entitled "Annual
Fund Expenses--Example" is amended to (1) delete the second paragraph and (2)
substitute the following in its place:
The Example assumes that you invested $10,000 in a Fund for the time
periods indicated and then redeemed all of your shares at the end of those
periods. The Example also assumes that your investment had a hypothetical
5% return each year, and assumes that a Fund's expenses remained the same.
Although a Fund's actual costs and performance may be higher or lower,
based on these assumptions your cost would have been:
1 year 3 year 5 year 10 year
European $142 $443 $765 $1,677
International Blue Chip $589 $1,752 $2,895 $5,662
International Growth $252 $776 $1,326 $2,826
Pacific Basin $270 $828 $1,411 $2,993
Effective June 1, 1999, the section of the Funds' Prospectus entitled "Risks
Associated With Particular Investments" is amended to add the following to the
end of the investment table located at the end of the section:
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Options
The obligation or right to deliver Credit,
or receive a security or other Information,
instrument, index or commodity, or Liquidity, and
cash payment depending on the price Options and
of the underlying security or the Futures Risks X X X X X
performance of an index or other
benchmark. Includes options on
specific securities and stock
indices, and stock index futures.
Used in a Fund's portfolio to
provide liquidity and hedge
portfolio value.
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Futures
A futures contract is an agreement Market,
to buy or sell a specific amount Liquidity and
amount of a financial instrument and Options and X X X X X
(such as an index option) at a Futures Risks
stated price on a stated date.
A Fund uses futures contracts
to provide liquidity and to hedge
portfolio value.
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Other Financial Instruments
These may include forward Counterparty,
contracts, swaps, caps, floors, and Credit, Currency,
collars. They may be used to try Interest Rate,
to manage a Fund's foreign currency Liquidity, Market
exposure and other investment and Regulatory X X X X X
risks, which can cause its net Risks
asset value to rise or fall. A
Fund may use these financial
instruments, commonly known as
"derivatives," to increase or
decrease its exposure to changing
securities prices, interest rates,
currency exchange rates or other
factors.
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Effective June 18, 1999, the INVESCO International Growth Fund, pursuant to
approval of the shareholders of that Fund of an Agreement and Plan of
Reorganization and Termination at a special meeting held May 20, 1999, was
merged into INVESCO International Blue Chip Fund. All references in the
Prospectus to that Fund are hereby deleted effective June 18, 1999.
This Supplement supercedes the Supplement dated June 1, 1999.
The date of this supplement is July 26, 1999.
