-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VkWfs3Vb8BOfGvmzaMBdjBzUUOJTH8RqANzpQZLh99ZwdO/BvtfMdwDLJny10AdU 66iIdmY0ykEp0OXrY5q9pg== 0000950129-03-004513.txt : 20030829 0000950129-03-004513.hdr.sgml : 20030829 20030828175825 ACCESSION NUMBER: 0000950129-03-004513 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030829 EFFECTIVENESS DATE: 20030829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESCO SECTOR FUNDS INC CENTRAL INDEX KEY: 0000725781 IRS NUMBER: 840933032 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-03826 FILM NUMBER: 03872081 BUSINESS ADDRESS: STREET 1: 7800 E UNION AVE STREET 2: STE 800 CITY: DENVER STATE: CO ZIP: 80237 BUSINESS PHONE: 3039306300 MAIL ADDRESS: STREET 1: P.O. BOX 173706 STREET 2: 7800 E UNION AVE STE 800 CITY: DENVER STATE: CO ZIP: 80237 FORMER COMPANY: FORMER CONFORMED NAME: INVESCO STRATEGIC PORTFOLIOS INC DATE OF NAME CHANGE: 19940107 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL GROUP PORTFOLIOS INC DATE OF NAME CHANGE: 19850411 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL GROUP INDUSTRY PORTFOLIOS INC DATE OF NAME CHANGE: 19831128 DEFA14A 1 h08655fdefa14a.txt INVESCO SECTOR FUNDS, INC. - ADDITIONAL MATERIAL SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant [X] Filed by a party other than the Registrant [ ] Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [ ] Definitive Proxy Statement [ ] Definitive Additional Materials [X] Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12 INVESCO SECTOR FUNDS, INC. - -------------------------------------------------------------------------------- (Name of Registrant as Specified In Its Charter) - -------------------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11 (1) Title of each class of securities to which transaction applies: - -------------------------------------------------------------------------------- (2) Aggregate number of securities to which transaction applies: - -------------------------------------------------------------------------------- (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): - -------------------------------------------------------------------------------- (4) Proposed maximum aggregate value of transaction: - -------------------------------------------------------------------------------- (5) Total fee paid: - -------------------------------------------------------------------------------- [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid PROXY INFORMATION Shareholders of the AIM and INVESCO Funds have been mailed proxy statements asking for approval of various proposals. The proxy statements for each AIM or INVESCO fund contains disclosure information about the proposal(s) for which votes are being solicited. To read answers to common questions regarding proxy voting, your fund's proposal(s), and to access your fund's proxy statement, prospectus, or annual report, select your fund(s) from these drop down menus: AIM Funds: INVESCO Funds: Select a fund [drop-down box] Select a fund [drop-down box] - -------------------------------------------------------------------------------- WAYS TO VOTE. You may cast your vote by any of the following methods. HOWEVER YOU CHOOSE TO VOTE, IT IS IMPORTANT THAT YOU VOTE NOW TO SAVE THE EXPENSE OF ADDITIONAL SOLICITATIONS. BY INTERNET [computer graphic] You may vote your shares at [link] www.proxyweb.com unless your shares are held through a broker, in which case you may vote your shares at [link] www.proxyvote.com. Enter the control number listed on the proxy card you received in the mail and follow the instructions on the web site. BY TELEPHONE [telephone graphic] Call toll-free 1.888.221.0697. Enter the control number listed on the proxy card and follow the recorded instructions. BY MAIL [mailbox graphic] Complete and sign the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. IN PERSON Please notify AIM Investments at 1.800.952.3502 if you wish to vote your shares at the meeting. - -------------------------------------------------------------------------------- IF YOU HAVE ANY QUESTIONS... If you have questions on the proxy or the voting process, please contact your financial consultant or call AIM toll-free at 1.800.347.4246 any business day between 7:30 a.m. and 5:30 p.m. CT. If we have not received your proxy card before the date of the shareholder meeting for your fund, a representative from our proxy solicitation firm, Georgeson Shareholder Communications Inc., may contact you to remind you to exercise your right to vote. [LINKS] Prospectuses | Help | Site Map | Terms of Use | Privacy - -------------------------------------------------------------------------------- A I M FUND SERVICES, INC. 8/2003 --Copyright-- 2003 A I M Management Group Inc. All Rights Reserved. INVESCO PROXY INFORMATION BY FUND To access your INVESCO fund's proxy information, select the fund name from the drop down, or scroll down to the page. Access the AIM Funds' proxy information. [Drop-down box] - -------------------------------------------------------------------------------- INVESCO ADVANTAGE FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO ADVANTAGE GLOBAL HEALTH SCIENCES FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO BALANCED FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO CASH RESERVES FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO CORE EQUITY FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO DYNAMICS FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO ENERGY FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO EUROPEAN FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO FINANCIAL SERVICES FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO GOLD & PRECIOUS METALS FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO GROWTH FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO GROWTH & INCOME FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO HEALTH SCIENCES FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO HIGH YIELD FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO INTERNATIONAL BLUE CHIP VALUE FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO LEISURE FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO MID-CAP GROWTH FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO MULTI-SECTOR FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO REAL ESTATE OPPORTUNITY FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO S&P 500 INDEX FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO SELECT INCOME FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO SMALL COMPANY GROWTH FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO TAX-FREE BOND FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO TAX-FREE MONEY FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO TECHNOLOGY FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO TELECOMMUNICATIONS FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO TOTAL RETURN FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO TREASURER'S MONEY MARKET RESERVE FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO TREASURER'S TAX-EXEMPT RESERVE FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO U.S. GOVERNMENT MONEY FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO U.S. GOVERNMENT SECURITIES FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO UTILITIES FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) Return to top - -------------------------------------------------------------------------------- INVESCO VALUE EQUITY FUND 1. Please read the proxy statement in full. (PDF) 2. Access some typical questions that shareholders may have regarding the proxy statement. (PDF) 3. You may vote your shares at [Link] www.proxyweb.com. ADDITIONAL FUND MATERIALS: o Prospectus (PDF) o Annual Report (PDF) o Semiannual Report (PDF) Return to top [Links] Prospectuses | Help | Site Map | Terms of Use | Privacy - -------------------------------------------------------------------------------- A I M FUND SERVICES, INC. 8/2003 --Copyright-- 2003 A I M Management Group Inc. All Rights Reserved. GENERAL QUESTIONS & ANSWERS We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement. HOW DO I VOTE? Voting may take place in the following ways: - You may vote your shares at www.aiminvestments.com unless your shares are held through a broker, in which case you may vote your shares at www.proxyvote.com. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method. - You may indicate your vote on the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. - You may call in your vote at 1-888-221-0697 for the 24-hour automated system. You will need the control number from your proxy card. You may call 1-800-880-9347 for a customer service representative for voting or questions; you will be asked identification questions such as your current address and ZIP code. - If you do attend the meeting, you may vote your shares in person. Please notify AIM Investments at 1-800-952-3502 if you plan to attend the meeting. HOW DOES THE BOARD RECOMMEND THAT I VOTE? The board recommends that you vote FOR the proposals on the proxy card. WHY SHOULD I VOTE? Every vote is important. If shareholders fail to vote their proxies, a fund may not receive enough votes to go forward with the October 21, 2003, shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum, or proxies may have to be resent to shareholders. HAS AIM CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR? Yes, AIM has hired Georgeson Shareholder Communications Inc. as its proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares. WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM? The Web proxy voting system offered by proxyweb.com maintains a high level of security to ensure the confidentiality of your vote. Security features include: - SECURE SOCKETS LAYER (SSL) - A security measure that encrypts all information that travels between proxyweb.com's Web server and the shareholder's computer. - CONTROL NUMBER - Each shareholder is required to enter his or her control number. Proxyweb.com verifies the number and presents the holder with the appropriate proxy card for his or her fund(s). - FIREWALL - To protect the confidentiality of your account records, proxyweb.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall. HOW DO I SIGN THE PROXY CARD? The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly. Individual Accounts: Shareholders should sign exactly as their name appears in the account registration shown on the proxy card. Joint Accounts: All joint owners should sign exactly as their names appear in the account registration shown on the proxy card. All Other Accounts: The capacity of the individual signing the proxy card (for example, "trustee") should be indicated unless it is reflected in the form of registration. If a corporation, please sign full corporate name and indicate the signer's office. If a partner, please sign in the partnership name. WHAT IS THE DEADLINE FOR VOTING? All votes must be received before or at the Shareholder Meeting, which will be held at 3:00 p.m. Central Time on October 21, 2003. WHAT ARE THE PROPOSALS BEING PRESENTED AT THE MEETING? - To approve an Agreement and Plan of Reorganization under which all of the assets of your Fund, an investment portfolio of AIM Funds Group ("Trust"), will be transferred to INVESCO Utilities Fund ("Buying Fund"), an investment portfolio of INVESCO Sector Funds, Inc. ("Buyer"), Buying Fund will assume the liabilities of your Fund and Buyer will issue shares of each class of Buying Fund to shareholders of the corresponding class of shares of your Fund and, in connection therewith, the sale of all your Fund's assets and the termination of your Fund as a designated series of Trust. - To elect 16 trustees to the Board of Trustees of Trust, each of whom will serve until his or her successor is elected and qualified. WHAT AM I BEING ASKED TO VOTE ON? - You are being asked to vote on the approval of the reorganization of your Fund into the Buying Fund and, in connection therewith, the sale of all your Fund's assets and the termination of your Fund as a designated series of Trust. - You are being asked to vote on the election of 16 trustees to the Board of Trustees of Trust. WHY IS THE REORGANIZATION BEING PROPOSED? The fund's board and A I M Advisors, Inc. believe that combining your Fund to Buying Fund will benefit shareholders of Buying Fund because: - A larger combined fund should be more reliable and have greater market presence and have greater investment leverage in that management should have broader investment opportunities and lower trading costs. - Your Fund and Buying Fund pursue similar investment objectives and invest in similar types of securities. WHY IS THE ELECTION OF TRUSTEES BEING PROPOSED? The shareholders of AIM Funds and INVESCO Funds would benefit if a unified board of directors/trustees was responsible for overseeing the operations of both the AIM Funds and the INVESCO Funds and the services provided by A I M Advisors, Inc., INVESCO Funds Group, Inc. and their affiliates. WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED REORGANIZATION? Further details can be found in the section of the proxy statement/prospectus titled "APPROVAL OF THE AGREEMENT TO COMBINE YOUR FUND AND BUYING FUND". WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSED ELECTION OF TRUSTEES? Further details can be found in the section of the proxy statement/prospectus titled "ELECTION OF TRUSTEES". WILL THERE BE ANY TAX CONSEQUENCES AS A RESULT OF THIS REORGANIZATION? The reorganization has been structured as a tax-free transaction for Federal income tax purposes. HOW DOES THE BOARD RECOMMEND THAT I VOTE ON THE PROPOSALS? The board recommends that you vote FOR the proposals. - -------------------------------------------------------------------------------- For more complete information about any AIM or INVESCO funds, including sales charges and expenses, obtain the prospectus. Please read the prospectus(es) carefully before you invest or send money. GENERAL QUESTIONS & ANSWERS We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement. HOW DO I VOTE? Voting may take place in the following ways: - You may vote your shares at www.aiminvestments.com unless your shares are held through a broker, in which case you may vote your shares at www.proxyvote.com. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method. - You may indicate your vote on the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. - You may call in your vote at 1-888-221-0697 for the 24-hour automated system. You will need the control number from your proxy card. You may call 1-800-880-9347 for a customer service representative for voting or questions; you will be asked identification questions such as your current address and ZIP code. - If you do attend the meeting, you may vote your shares in person. Please notify AIM Investments at 1-800-952-3502 if you plan to attend the meeting. HOW DOES THE BOARD RECOMMEND THAT I VOTE? The board recommends that you vote FOR the proposals on the proxy card. WHY SHOULD I VOTE? Every vote is important. If shareholders fail to vote their proxies, a fund may not receive enough votes to go forward with the October 21, 2003, shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum or proxies may have to be resent to shareholders. HAS AIM CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR? Yes, AIM has hired Georgeson Shareholder Communications Inc. as its proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares. WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM? The Web proxy voting system offered by proxyweb.com maintains a high level of security to ensure the confidentiality of your vote. Security features include: - SECURE SOCKETS LAYER (SSL) - A security measure that encrypts all information that travels between proxyweb.com's Web server and the shareholder's computer. - CONTROL NUMBER - Each shareholder is required to enter his or her control number. Proxyweb.com verifies the number and presents the holder with the appropriate proxy card for his or her fund(s). - FIREWALL - To protect the confidentiality of your account records, proxyweb.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall. HOW DO I SIGN THE PROXY CARD? The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly. Individual Accounts: Shareholders should sign exactly as their name appears in the account registration shown on the proxy card. Joint Accounts: All joint owners should sign exactly as their names appear in the account registration shown on the proxy card. All Other Accounts: The capacity of the individual signing the proxy card (for example, "trustee") should be indicated unless it is reflected in the form of registration. If a corporation, please sign full corporate name and indicate the signer's office. If a partner, please sign in the partnership name. WHAT IS THE DEADLINE FOR VOTING? All votes must be received before or at the Shareholder Meeting, which will be held at 3:00 p.m. Central Time on October 21, 2003. WHAT ARE THE PROPOSALS BEING PRESENTED AT THE MEETING? - To approve an Agreement and Plan of Reorganization under which all of the assets of your Fund, an investment portfolio of AIM Investment Funds ("Trust"), will be transferred to INVESCO Financial Services Fund ("Buying Fund"), an investment portfolio of INVESCO Sector Funds, Inc. ("Buyer"), Buying Fund will assume the liabilities of your Fund and Buyer will issue shares of each class of Buying Fund to shareholders of the corresponding class of shares of your Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - To elect 16 trustees to the Board of Trustees of Trust, each of whom will serve until his or her successor is elected and qualified. WHAT AM I BEING ASKED TO VOTE ON? - You are being asked to vote on the approval of the reorganization of your Fund into the Buying Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - You are being asked to vote on the election of 16 trustees to the Board of Trustees of the Trust. WHY IS THE REORGANIZATION BEING PROPOSED? - A larger combined fund should be more viable and have greater market presence and should have greater investment leverage in that portfolio managers should have broader investment opportunities and lower trading costs. - A larger combined fund also should result in greater operating efficiencies by providing economies of scale to the combined fund in that certain fixed costs, such as legal, accounting, shareholder services and director expenses, will spread over the greater assets of the combined fund. WHY IS THE ELECTION OF DIRECTORS BEING PROPOSED? - The shareholders of all the AIM Funds and the INVESCO Funds would benefit if a unified board of directors/trustees was responsible for overseeing the operation of both the AIM Funds and the INVESCO Funds and the services provided by A I M Advisors, Inc., INVESCO Funds Group, Inc. and their affiliates. WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED REORGANIZATION? Further details can be found in the section of the proxy statement/prospectus titled "APPROVAL OF THE AGREEMENT TO COMBINE YOUR FUND AND BUYING FUND". WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED ELECTION OF DIRECTORS? Further details can be found in the section of the proxy statement/prospectus titled "ELECTION OF TRUSTEES". WILL THERE BE ANY TAX CONSEQUENCES AS A RESULT OF THIS REORGANIZATION? The reorganization has been structured as a tax-free transaction for Federal income tax purposes. HOW DOES THE BOARD RECOMMEND THAT I VOTE ON EACH PROPOSAL? The board recommends that you vote FOR each proposal. - -------------------------------------------------------------------------------- For more complete information about any AIM or INVESCO funds, including sales charges and expenses, obtain the prospectus. Please read the prospectus(es) carefully before you invest or send money. GENERAL QUESTIONS & ANSWERS We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement. HOW DO I VOTE? Voting may take place in the following ways: - You may vote your shares at www.aiminvestments.com unless your shares are held through a broker, in which case you may vote your shares at www.proxyvote.com. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method. - You may indicate your vote on the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. - You may call in your vote at 1-888-221-0697 for the 24-hour automated system. You will need the control number from your proxy card. You may call 1-800-880-9347 for a customer service representative for voting or questions; you will be asked identification questions such as your current address and ZIP code. - If you do attend the meeting, you may vote your shares in person. Please notify AIM Investments at 1-800-952-3502 if you plan to attend the meeting. HOW DOES THE BOARD RECOMMEND THAT I VOTE? The board recommends that you vote FOR the proposals on the proxy card. WHY SHOULD I VOTE? Every vote is important. If shareholders fail to vote their proxies, a fund may not receive enough votes to go forward with the October 21, 2003, shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum or proxies may have to be resent to shareholders. HAS AIM CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR? Yes, AIM has hired Georgeson Shareholder Communications Inc. as its proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares. WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM? The Web proxy voting system offered by proxyweb.com maintains a high level of security to ensure the confidentiality of your vote. Security features include: - SECURE SOCKETS LAYER (SSL) - A security measure that encrypts all information that travels between proxyweb.com's Web server and the shareholder's computer. - CONTROL NUMBER - Each shareholder is required to enter his or her control number. Proxyweb.com verifies the number and presents the holder with the appropriate proxy card for his or her fund(s). - FIREWALL - To protect the confidentiality of your account records, proxyweb.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall. HOW DO I SIGN THE PROXY CARD? The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly. Individual Accounts: Shareholders should sign exactly as their name appears in the account registration shown on the proxy card. Joint Accounts: All joint owners should sign exactly as their names appear in the account registration shown on the proxy card. All Other Accounts: The capacity of the individual signing the proxy card (for example, "trustee") should be indicated unless it is reflected in the form of registration. If a corporation, please sign full corporate name and indicate the signer's office. If a partner, please sign in the partnership name. WHAT IS THE DEADLINE FOR VOTING? All votes must be received before or at the Shareholder Meeting, which will be held at 3:00 p.m. Central Time on October 21, 2003. WHAT ARE THE PROPOSALS BEING PRESENTED AT THE MEETING? - To approve an Agreement and Plan of Reorganization under which all of the assets of your Fund, an investment portfolio of AIM Investment Funds ("Trust"), will be transferred to INVESCO Energy Fund ("Buying Fund"), an investment portfolio of INVESCO Sector Funds, Inc. ("Buyer"), Buying Fund will assume the liabilities of your Fund and Buyer will issue shares of each class of Buying Fund to shareholders of the corresponding class of shares of your Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - To elect 16 trustees to the Board of Trustees of Trust, each of whom will serve until his or her successor is elected and qualified. WHAT AM I BEING ASKED TO VOTE ON? - You are being asked to vote on the approval of the reorganization of your Fund into the Buying Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - You are being asked to vote on the election of 16 trustees to the Board of Trustees of the Trust. WHY IS THE REORGANIZATION BEING PROPOSED? - A larger combined fund should be more viable and have greater market presence and should have greater investment leverage in that portfolio managers should have broader investment opportunities and lower trading costs. - A larger combined fund also should result in greater operating efficiencies by providing economies of scale to the combined fund in that certain fixed costs, such as legal, accounting, shareholder services and director expenses, will spread over the greater assets of the combined fund. WHY IS THE ELECTION OF DIRECTORS BEING PROPOSED? - The shareholders of all the AIM Funds and the INVESCO Funds would benefit if a unified board of directors/trustees was responsible for overseeing the operation of both the AIM Funds and the INVESCO Funds and the services provided by A I M Advisors, Inc., INVESCO Funds Group, Inc. and their affiliates. WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED REORGANIZATION? Further details can be found in the section of the proxy statement/prospectus titled "APPROVAL OF THE AGREEMENT TO COMBINE YOUR FUND AND BUYING FUND". WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED ELECTION OF DIRECTORS? Further details can be found in the section of the proxy statement/prospectus titled "ELECTION OF TRUSTEES". WILL THERE BE ANY TAX CONSEQUENCES AS A RESULT OF THIS REORGANIZATION? The reorganization has been structured as a tax-free transaction for Federal income tax purposes. HOW DOES THE BOARD RECOMMEND THAT I VOTE ON EACH PROPOSAL? The board recommends that you vote FOR each proposal. - -------------------------------------------------------------------------------- For more complete information about any AIM or INVESCO funds, including sales charges and expenses, obtain the prospectus. Please read the prospectus(es) carefully before you invest or send money. GENERAL QUESTIONS & ANSWERS We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement. HOW DO I VOTE? Voting may take place in the following ways: - You may vote your shares at www.aiminvestments.com unless your shares are held through a broker, in which case you may vote your shares at www.proxyvote.com. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method. - You may indicate your vote on the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. - You may call in your vote at 1-888-221-0697 for the 24-hour automated system. You will need the control number from your proxy card. You may call 1-800-880-9347 for a customer service representative for voting or questions; you will be asked identification questions such as your current address and ZIP code. - If you do attend the meeting, you may vote your shares in person. Please notify AIM Investments at 1-800-952-3502 if you plan to attend the meeting. HOW DOES THE BOARD RECOMMEND THAT I VOTE? The board recommends that you vote FOR the proposals on the proxy card. WHY SHOULD I VOTE? Every vote is important. If shareholders fail to vote their proxies, a fund may not receive enough votes to go forward with the October 21, 2003, shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum or proxies may have to be resent to shareholders. HAS AIM CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR? Yes, AIM has hired Georgeson Shareholder Communications Inc. as its proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares. WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM? The Web proxy voting system offered by proxyweb.com maintains a high level of security to ensure the confidentiality of your vote. Security features include: - SECURE SOCKETS LAYER (SSL) - A security measure that encrypts all information that travels between proxyweb.com's Web server and the shareholder's computer. - CONTROL NUMBER - Each shareholder is required to enter his or her control number. Proxyweb.com verifies the number and presents the holder with the appropriate proxy card for his or her fund(s). - FIREWALL - To protect the confidentiality of your account records, proxyweb.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall. HOW DO I SIGN THE PROXY CARD? The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly. Individual Accounts: Shareholders should sign exactly as their name appears in the account registration shown on the proxy card. Joint Accounts: All joint owners should sign exactly as their names appear in the account registration shown on the proxy card. All Other Accounts: The capacity of the individual signing the proxy card (for example, "trustee") should be indicated unless it is reflected in the form of registration. If a corporation, please sign full corporate name and indicate the signer's office. If a partner, please sign in the partnership name. WHAT IS THE DEADLINE FOR VOTING? All votes must be received before or at the Shareholder Meeting, which will be held at 3:00 p.m. Central Time on October 21, 2003. WHAT ARE THE PROPOSALS BEING PRESENTED AT THE MEETING? - To approve an Agreement and Plan of Reorganization under which all of the assets of your Fund, an investment portfolio of AIM Investment Funds ("Trust"), will be transferred to INVESCO Technology Fund ("Buying Fund"), an investment portfolio of INVESCO Sector Funds, Inc. ("Company"), Buying Fund will assume the liabilities of your Fund and Company will issue shares of each class of Buying Fund to shareholders of the corresponding class of shares of your Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - To elect 16 trustees to the Board of Trustees of Trust, each of whom will serve until his or her successor is elected and qualified. WHAT AM I BEING ASKED TO VOTE ON? - You are being asked to vote on the approval of the reorganization of your Fund into the Buying Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - You are being asked to vote on the election of 16 trustees to the Board of Trustees of the Trust. WHY IS THE REORGANIZATION BEING PROPOSED? - A larger combined fund should be more viable and have greater market presence and should have greater investment leverage in that portfolio managers should have broader investment opportunities and lower trading costs. - A larger combined fund also should result in greater operating efficiencies by providing economies of scale to the combined fund in that certain fixed costs, such as legal, accounting, shareholder services and director expenses, will spread over the greater assets of the combined fund. WHY IS THE ELECTION OF DIRECTORS BEING PROPOSED? - The shareholders of all the AIM Family Funds and the INVESCO Family Funds would benefit if a unified board of directors/trustees was responsible for overseeing the operation of both the AIM Family Funds and the INVESCO Family Funds and the services provided by A I M Advisors, Inc., INVESCO Funds Group, Inc. and their affiliates. WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED REORGANIZATION? Further details can be found in the section of the proxy statement/prospectus titled "APPROVAL OF THE AGREEMENT TO COMBINE YOUR FUND AND BUYING FUND". WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED ELECTION OF DIRECTORS? Further details can be found in the section of the proxy statement/prospectus titled "ELECTION OF TRUSTEES". WILL THERE BE ANY TAX CONSEQUENCES AS A RESULT OF THIS REORGANIZATION? The reorganization has been structured as a tax-free transaction for Federal income tax purposes. HOW DOES THE BOARD RECOMMEND THAT I VOTE ON EACH PROPOSAL? The board recommends that you vote FOR each proposal. - -------------------------------------------------------------------------------- For more complete information about any AIM or INVESCO funds, including sales charges and expenses, obtain the prospectus. Please read the prospectus(es) carefully before you invest or send money. GENERAL QUESTIONS & ANSWERS We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement. HOW DO I VOTE? Voting may take place in the following ways: - You may vote your shares at www.aiminvestments.com unless your shares are held through a broker, in which case you may vote your shares at www.proxyvote.com. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method. - You may indicate your vote on the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. - You may call in your vote at 1-888-221-0697 for the 24-hour automated system. You will need the control number from your proxy card. You may call 1-800-880-9347 for a customer service representative for voting or questions; you will be asked identification questions such as your current address and ZIP code. - If you do attend the meeting, you may vote your shares in person. Please notify AIM Investments at 1-800-952-3502 if you plan to attend the meeting. HOW DOES THE BOARD RECOMMEND THAT I VOTE? The board recommends that you vote FOR the proposals on the proxy card. WHY SHOULD I VOTE? Every vote is important. If shareholders fail to vote their proxies, a fund may not receive enough votes to go forward with the October 21, 2003, shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum, or proxies may have to be resent to shareholders. HAS AIM CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR? Yes, AIM has hired Georgeson Shareholder Communications Inc. as its proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares. WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM? The Web proxy voting system offered by proxyweb.com maintains a high level of security to ensure the confidentiality of your vote. Security features include: - SECURE SOCKETS LAYER (SSL) - A security measure that encrypts all information that travels between proxyweb.com's Web server and the shareholder's computer. - CONTROL NUMBER - Each shareholder is required to enter his or her control number. Proxyweb.com verifies the number and presents the holder with the appropriate proxy card for his or her fund(s). - FIREWALL - To protect the confidentiality of your account records, proxyweb.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall. HOW DO I SIGN THE PROXY CARD? The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly. Individual Accounts: Shareholders should sign exactly as their name appears in the account registration shown on the proxy card. Joint Accounts: All joint owners should sign exactly as their names appear in the account registration shown on the proxy card. All Other Accounts: The capacity of the individual signing the proxy card (for example, "trustee") should be indicated unless it is reflected in the form of registration. If a corporation, please sign full corporate name and indicate the signer's office. If a partner, please sign in the partnership name. WHAT IS THE DEADLINE FOR VOTING? All votes must be received before or at the Shareholder Meeting, which will be held at 3:00 p.m. Central Time on October 21, 2003. WHAT ARE THE PROPOSALS BEING PRESENTED AT THE MEETING? - To approve an Agreement and Plan of Reorganization under which all of the assets of your Fund, an investment portfolio of AIM Funds Group ("Trust"), will be transferred to INVESCO Technology Fund ("Buying Fund"), an investment portfolio of INVESCO Sector Funds, Inc. ("Company"), Buying Fund will assume the liabilities of your Fund and Company will issue shares of each class of Buying Fund to shareholders of the corresponding class of shares of your Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - To elect 16 trustees to the Board of Trustees, each of whom will serve until his or her successor is elected and qualified. WHAT AM I BEING ASKED TO VOTE ON? - You are being asked to vote on the approval of an Agreement and Plan of Reorganization for the transfer of all of the assets of your Fund to Buying Fund and, in connection therewith, the sale of all of your Fund's assets and the termination of your Fund as a designated series of Trust. - You are being asked to vote on the approval of the election of 16 trustees to the Board of Trustees of the Trust. WHY IS THE REORGANIZATION BEING PROPOSED? - A larger combined fund should be more viable and have greater market presence and should have greater investments leverage in that management should have broader investment opportunities and lower trading costs. o Your Fund and Buying Fund pursue similar investment objectives and invest in similar types of securities. WHY IS THE ELECTION OF TRUSTEES BEING PROPOSED? - The shareholders of all the AIM Funds and the INVESCO Funds would benefit if a unified board of directors/trustees was responsible for overseeing the operations of both the AIM Funds and the INVESCO Funds and the services provided by A I M Advisors, Inc., INVESCO Funds Group, Inc. and their affiliates. WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED REORGANIZATION? Further details can be found in the section of the proxy statement/prospectus titled "APPROVAL OF THE AGREEMENT TO COMBINE YOUR FUND AND BUYING FUND". WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSED ELECTION OF DIRECTORS? Further Details can be in the section of the proxy statement/prospectus titled "ELECTION OF DIRECTORS". WILL THERE BE ANY TAX CONSEQUENCES AS A RESULT OF THIS REORGANIZATION? The reorganization has been structured as a tax-free transaction for Federal income tax purposes. HOW DOES THE BOARD RECOMMEND THAT I VOTE ON EACH PROPOSAL? The board recommends that you vote FOR each proposal. - -------------------------------------------------------------------------------- For more complete information about any AIM or INVESCO funds, including sales charges and expenses, obtain the prospectus. Please read the prospectus(es) carefully before you invest or send money. GENERAL QUESTIONS & ANSWERS We encourage you to read the proxy statement in full; however, the following represent some typical questions that shareholders may have regarding the proxy statement. HOW DO I VOTE? Voting may take place in the following ways: o You may vote your shares at www.aiminvestments.com unless your shares are held through a broker, in which case you may vote your shares at www.proxyvote.com. Because Internet voting is the most economical way to vote your proxy, we encourage all shareholders to use this method. o You may indicate your vote on the proxy card and return it in the postage-paid envelope provided in the shareholder mailing. o You may call in your vote at 1-888-221-0697 for the 24-hour automated system. You will need the control number from your proxy card. You may call 1-800-880-9347 for a customer service representative for voting or questions; you will be asked identification questions such as your current address and ZIP code. o If you do attend the meeting, you may vote your shares in person. Please notify AIM Investments at 1-800-952-3502 if you plan to attend the meeting. HOW DOES THE BOARD RECOMMEND THAT I VOTE? The board recommends that you vote FOR the proposals on the proxy card. WHY SHOULD I VOTE? Every vote is important. If shareholders fail to vote their proxies, a fund may not receive enough votes to go forward with the October 21, 2003, shareholder meeting. If this happens, additional solicitations may have to be made to obtain a quorum, or proxies may have to be resent to shareholders. HAS AIM CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR? Yes, AIM has hired Georgeson Shareholder Communications Inc. as its proxy solicitor. If we do not receive your vote after a reasonable amount of time, you may receive a telephone call from them reminding you to vote your shares. WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM? The Web proxy voting system offered by proxyweb.com maintains a high level of security to ensure the confidentiality of your vote. Security features include: o SECURE SOCKETS LAYER (SSL) - A security measure that encrypts all information that travels between proxyweb.com's Web server and the shareholder's computer. o CONTROL NUMBER - Each shareholder is required to enter his or her control number. Proxyweb.com verifies the number and presents the holder with the appropriate proxy card for his or her fund(s). o FIREWALL - To protect the confidentiality of your account records, proxyweb.com uses only control numbers and card codes to register votes. Voted positions are then periodically uploaded to our master database of shareholders listed as of the record date. All account-specific data remains behind our firewall. HOW DO I SIGN THE PROXY CARD? The following general rules for signing proxy cards may be of assistance to you and could help avoid the time and expense involved in validating your vote if you fail to sign your proxy card properly. Individual Accounts: Shareholders should sign exactly as their name appears in the account registration shown on the proxy card. Joint Accounts: All joint owners should sign exactly as their names appear in the account registration shown on the proxy card. All Other Accounts: The capacity of the individual signing the proxy card (for example, "trustee") should be indicated unless it is reflected in the form of registration. If a corporation, please sign full corporate name and indicate the signer's office. If a partner, please sign in the partnership name. WHAT IS THE DEADLINE FOR VOTING? All votes must be received before or at the Shareholder Meeting, which will be held at 3:00 p.m. Central Time on October 21, 2003. WHAT ARE THE PROPOSALS BEING PRESENTED AT THE MEETING? o To approve an Agreement and Plan of Reorganization under which all of the assets of your Fund, an investment portfolio of INVESCO Sector Funds, Inc. ("Company"), will be transferred to INVESCO Technology Fund ("Buying Fund"), another investment portfolio of Company, Buying Fund will assume the liabilities of your Fund and will issue shares of each class of Buying Fund to shareholders of the corresponding class of shares of your Fund. o To elect 16 directors to the Board of Directors of Company, each of whom will serve until his or her successor is elected and qualified. o To approve a new investment advisory agreement with A I M Advisors, Inc. o To approve a new sub-advisory agreement between A I M Advisors, Inc. and INVESCO Institutional (N.A.), Inc. o To approve an Agreement and Plan of Reorganization which provides for the redomestication of Company as a Delaware statutory trust and, in connection therewith, the sale of all of Company's assets and the dissolution of Company as a Maryland corporation. WHAT AM I BEING ASKED TO VOTE ON? o You are being asked to vote on the approval of an Agreement and Plan of Reorganization for the transfer of all of the assets of your Fund to Buying Fund. o You are being asked to vote on the approval of the election of 16 directors to the Board of Directors of Company. o You are being asked to vote on the approval of a new investment advisory agreement with A I M Advisors, Inc. o You are being asked to vote on the approval of a new sub-advisory agreement between A I M Advisors, Inc. and INVESCO Institutional (N.A.), Inc. o You are being asked to vote on the approval of an Agreement and Plan of Reorganization, which provides for the redomestication of Company as a Delaware statutory trust and, in connection therewith, the sale of all of Company's assets and the dissolution of Company as a Maryland corporation. WHY IS THE REORGANIZATION BEING PROPOSED? o A larger combined fund should be more viable and have greater market presence and should have greater investments leverage in that management should have broader investment opportunities and lower trading costs. o Your Fund and Buying Fund pursue similar investment objectives and invest in similar types of securities. WHY IS THE ELECTION OF DIRECTORS BEING PROPOSED? o The shareholders of all the AIM Funds and the INVESCO Funds would benefit if a unified board of directors/trustees was responsible for overseeing the operations of both the AIM Funds and the INVESCO Funds and the services provided by A I M Advisors, Inc., INVESCO Funds Group, Inc. and their affiliates. WHY IS A NEW INVESTMENT ADVISORY AGREEMENT BEING PROPOSED? o To restructure the advisory and administrative servicing arrangements so that A I M Advisors, Inc. is the advisor and administrator for all funds within the INVESCO Family of Funds and the AIM Family of Funds. WHO WILL BE THE NEW SUB-ADVISOR UNDER THE NEW SUB-ADVISORY AGREEMENT BEING PROPOSED? o INVESCO Institutional (N.A.), Inc., an affiliate of INVESCO, will serve as sub-advisor. o There will not be any increase in the fee rate under the proposed new sub-advisory agreement. WHY IS THE REDOMESTICATION BEING PROPOSED? o The redomestication is being proposed primarily to provide Company with greater flexibility in conducting its business operations. o The Delaware statutory trust organizational form offers a number of advantages over the Maryland corporate organizational form. WHERE CAN I FIND MORE INFORMATION CONCERNING THIS PROPOSED REORGANIZATION? Further details can be found in the section of the proxy statement/prospectus titled "Approval of the Agreement to Combine Your Fund and Buying Fund". WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSED ELECTION OF TRUSTEES? Further details can be found in the section of the proxy statement/prospectus titled "Election of Trustees". WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSED NEW INVESTMENT ADVISORY AGREEMENT? Further details can be found in the section of the proxy statement/prospectus titled "Approval of a New Investment Advisory Agreement". WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSED NEW SUB-ADVISORY AGREEMENT? Further details can be found in the section of the proxy statement/prospectus titled "Approval of New Sub-Advisory Agreement". WHERE CAN I FIND MORE INFORMATION CONCERNING THE PROPOSED REDOMESTICATION? Further details can be found in the section of the proxy statement/prospectus titles "Approval of the Plan to Redomesticate Company as a Delaware Statutory Trust". WILL THERE BE ANY TAX CONSEQUENCES AS A RESULT OF THIS REORGANIZATION AND REDOMESTICATION? The reorganization and redomestication have been structured as a tax-free transaction for Federal income tax purposes. HOW DOES THE BOARD RECOMMEND THAT I VOTE ON EACH PROPOSAL? The board recommends that you vote FOR each proposal. - -------------------------------------------------------------------------------- For more complete information about any AIM or INVESCO funds, including sales charges and expenses, obtain the prospectus. Please read the prospectus(es) carefully before you invest or send money. -----END PRIVACY-ENHANCED MESSAGE-----