INVESCOFUNDS.COM SELECTED AS A TOP WEB SITE BY KASINA
Denver, CO - November 15, 2001 - INVESCO Funds Group announced today that its
Web site, www.invescofunds.com, has been selected as one of the top 20 mutual
fund Web sites for 2001 by kasina LLC, a strategic management consulting firm
that provides e-business strategy solutions to financial services companies.
"Our Web site has evolved into one of our key communication channels. We
truly value this recognition," said Ray Cunningham, President of INVESCO
Funds Group.
kasina's study, "Online Retail Strategies," identifies the best practices of
asset management Web sites. kasina evaluated 478 Web sites based on branding,
content, online services, usability and Web technology. After evaluating the
sites, kasina selected www.invescofunds.com as not only one of the top 20
sites for 2001, but the site also ranked number one (out of 478) in the
usability category, and number three (out of 478) in the online services and
Web technology categories. This year marks the fifth year that the founders
of kasina have conducted their evaluation of the top retail Web sites in the
asset management industry.
INVESCO has been an online pioneer in the fund industry. It was the first
mutual fund company to offer a totally paperless account application,
provides fund account access via personal digital assistant, and now offers
investors the option of receiving all fund and account information (including
account statements and prospectuses) securely via e-mail. According to
kasina, only five percent of retail sites allow investors to fully originate
an account online. kasina also noted that only 23 percent of retail sites
allow investors to view statements online.
Denver-based INVESCO Funds Group, a subsidiary of AMVESCAP PLC, has over $30
billion in assets under management (as of 9/30/01), 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 $361 billion in assets under management (as
of 9/30/01) 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.
