INVESCO MULTIPLE ASSET FUNDS, INC.
INVESCO Balanced Fund
Supplement to Prospectus dated December 1, 1997
The section of the above Fund's Prospectus entitled "Essential Information:
Organization and Management" is amended to (1) delete the second paragraph, and
(2) substitute the following paragraph in its place:
The Fund's investments are selected by its portfolio managers:
INVESCO senior vice presidents Charles Mayer, who has 27 years of
investment experience, and Donovan J. (Jerry) Paul, with 21 years of
investment experience; and portfolio manager Peter M. Lovell, who has 6
years of investment experience. A Chartered Financial Analyst, Mr. Mayer
earned his MBA from St. John's University and a BA from St. Peter's
College. Mr. Paul holds an MBA from the University of Northern Iowa and a
BBA from the University of Iowa; he is both a Chartered Financial Analyst
and a Certified Public Accountant. Mr. Lovell earned his MBA in Finance
and Accounting from Regis University and his BA in Speech Communications
from Colorado State University.
The section of the above Fund's Prospectus entitled "The Fund And Its
Management" is amended to (1) delete the seventh and tenth paragraphs, and (2)
substitute the following paragraphs, respectively, in their place:
Charles P. Mayer, who is the head of INVESCO's Equity Income Team,
Donovan J. (Jerry) Paul, who is the head of INVESCO's Fixed Income Team,
and Peter M. Lovell, who is a member of INVESCO's Equity Income Team, are
primarily responsible for the day-to-day management of the Fund's
portfolio holdings.
Peter M. Lovell has been a co-portfolio manager of the Fund since
1998. Mr. Lovell was previously an equity analyst with INVESCO's Equity
Income Team (1996-1998), an equity assistant with INVESCO's Investment
Division (1994-1996) and a financial consultant with Merrill Lynch (1992-
1994). Mr. Lovell received a MBA in Finance and Accounting from Regis
University and a BA in Speech Communications from Colorado State
University.
This Supplement supersedes the Supplement dated January 1, 1998.
The date of this Supplement is July 1, 1998.