INVESCO MULTIPLE ASSET FUNDS, INC.
Supplement to Statement of Additional Information
dated December 1, 1997
The section of the INVESCO Multiple Asset Funds, Inc.'s Statement of Additional
Information entitled "The Fund And Its Management: Sub-Advisory Agreement" is
amended to (1) delete the third paragraph and (2) substitute the following new
paragraph in its place:
The Sub-Agreement provides that as compensation for its services, IMR
shall receive from IFG, at the end of each month, a fee based upon the
average daily value of the Multi-Asset Allocation Fund's net assets. Based
upon approval of the Company's board of directors at a meeting held May 14,
1998, the calculation of the subadvisory fees of the Fund has been changed
from 33.33% of the advisory fee (0.25% on the first $500 million of the
Fund's average net assets, 0.2167% on the next $500 million of the Fund's
average net assets and 0.1667% on the Fund's average net assets in excess
of $1 billion)to 40% of the advisory fee (0.30% on the first $500 million
of the Fund's average net assets, 0.26% on the next $500 million of the
Fund's average net assets and 0.20% of the Fund's average net assets in
excess of $1 billion). The subadvisory fee is paid by INVESCO, not the
Fund.
The date of this Supplement is August 1, 1998.
