INVESCO LEISURE FUND NOW AVAILABLE FOR PLACEMENT IN VARIABLE PRODUCTS
Denver, CO - September 27, 2001 - INVESCO Funds Group announced today that it
has added the INVESCO Leisure Fund to its list of variable insurance funds
(VIF) and it is now available for placement in annuity products. "We are
pleased to provide investors another vehicle in which to invest in this
dynamic sector*," said Tom Kolbe, Senior Vice President and National Sales
Manager for INVESCO Funds Group.
The INVESCO Leisure Fund seeks long-term capital growth by investing
primarily in companies related to or involved in leisure activities. Managed
since 1996 by Mark Greenberg, who has nearly 20 years experience in the
leisure sector, the fund is not as narrowly focused as some sector funds, as
its holdings are spread across numerous leisure-related industries.
Recognizing the rapid growth in variable annuities, INVESCO Funds has
dedicated an institutional sales team to pursue this business. The team is
tasked with servicing existing partners and creating new relationships in the
sub-advisory and insurance trust arena. Current clients include Manulife
Financial, PacLife and American Skandia.
Denver-based INVESCO Funds Group, a subsidiary of AMVESCAP PLC, has over $41
billion in assets under management (as of 6/30/01), and is one of the premier
mutual fund management companies in the United States. It provides a wide and
innovative range of investment products and services to individuals and
institutions. AMVESCAP has over $408 billion in assets under management (as
of 6/30/01) and is one of the worldís largest individual investment managers,
operating under the AIM and INVESCO brand names. The Company is listed on the
London, New York, Paris, Toronto and Frankfurt Stock Exchanges with the
symbol "AVZ."
Editors Note: We are required to include the following information with our
news release. For more information on INVESCO Funds, please call
1-800-255-6927 for a prospectus containing more complete information
including management fees and expenses. Please read it carefully before you
invest or send money. INVESCO Distributors Inc., Distributor.
*Sector Funds may be more volatile than diversified equity funds and are
most suitable for the aggressive portion of your portfolio.
