INVESCO CAPITAL APPRECIATION FUNDS, INC.
(July 3, 1997)
INVESCO GROWTH FUND, INC.
(January 1, 1997)
INVESCO INDUSTRIAL INCOME FUND, INC.
(November 1, 1996)
INVESCO MULTIPLE-ASSET FUNDS, INC.
(December 1, 1996)
INVESCO SPECIALTY FUNDS, INC.
INVESCO Asian Growth Fund
INVESCO European Small Company Fund
INVESCO Latin American Growth Fund
INVESCO Worldwide Capital Goods Fund
INVESCO Worldwide Communications Fund
(December 1, 1996)
INVESCO Realty Fund
(June 30, 1997)
Supplement to Prospectuses of Above Funds,
Dates of Which Are Indicated in Parenthesis
At numerous places in each of the above Funds' Prospectuses, it is noted that
INVESCO Funds Group, Inc. ("IFG") is the investment adviser, administrator,
transfer agent and distributor of the Fund(s). Effective September 30, 1997,
INVESCO Distributors, Inc. ("IDI"), a newly-created wholly-owned subsidiary of
IFG, will become the distributor of the Fund(s). Effective on that date, INVESCO
Capital Appreciation Funds, Inc., INVESCO Growth Fund, Inc., INVESCO Industrial
Income Fund, Inc., INVESCO Multiple-Asset Funds, Inc. and INVESCO Specialty
Funds, Inc. (the "Companies") entered into new Distribution Agreements and new
12b-1 Plans and Agreements of Distribution (the "Agreements") with IDI that are
substantially identical to the corresponding agreements the Companies had with
IFG for distribution services. The Agreements were approved by each Company's
Board of Directors at a meeting held on September 2, 1997. The Agreements in no
way change the basis upon which distribution services are being provided to the
Fund(s) by IFG-affiliated companies. IFG remains the investment adviser,
administrator and transfer agent for the Fund(s).
The date of this Supplement is September 29, 1997.