INVESCO FUNDS ALLOWS DIRECT DEPOSIT OF IRS REFUND INTO MUTUAL FUND ACCOUNT
Denver, CO - March 5, 2001 - INVESCO Funds Group announced today that its
customers now have the option of depositing their Internal Revenue Service
(IRS) refund check directly into an INVESCO Funds mutual fund account. "We
continuously strive to make it convenient for customers to do business with
us, and this is yet another way that we can better serve our shareholders,"
said Mark Williamson, Chairman and CEO of INVESCO Funds Group.
This feature, new to INVESCO Funds customers this year, allows shareholders
to deposit their IRS refund check directly in their INVESCO Funds mutual fund
account. Following instructions on a special form, shareholders first
determine into which INVESCO Fund account they wish the refund to be
deposited. Then shareholders indicate on the form that they wish the IRS to
send the refund to INVESCO Funds. Forms are sent directly to INVESCO Funds,
the company then routes the forms to the IRS. Forms are available on the
company's web site: www.invescofunds.com.
Denver-based INVESCO Funds Group, with over $48 billion in assets under
management (as of 12/31/00), is one of the premier mutual fund management
companies in the United States, providing a wide and innovative range of
investment products and services to individuals and institutions. It is a
subsidiary of AMVESCAP PLC, a worldwide investment management company with
over $402 billion in assets under management (as of 12/31/00). AMVESCAP is
one of the world's largest individual investment managers, operating under
the AIM and INVESCO brand names. AMVESCAP is a holding company offering a
broad array of investment products and services to institutions and
individuals across all distribution channels. The Company is listed on the
London, New York, Paris, Toronto and Frankfurt Stock Exchanges with the
symbol "AVZ."
Editors Note: INVESCO is required to include the following information with
their news release. For more information on the INVESCO Funds, please call
1-800-255-6927 for a prospectus containing more complete information
including management fees, general and fund specific investment risks, and
expenses. Please read it carefully before you invest or send money. INVESCO
Distributors Inc., Distributor.
