EXHIBIT d(h)
AMENDMENT NO. 7
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of June 23, 2003, amends the Master Investment
Advisory Agreement (the "Agreement"), dated September 11, 2000, between AIM
Investment Funds, a Delaware statutory trust, and A I M Advisors, Inc., a
Delaware corporation.
WITNESSETH:
WHEREAS, the parties desire to amend the Agreement to delete a
portfolio, AIM Strategic Income Fund, from the Agreement;
NOW, THEREFORE, the parties agree as follows;
1. Appendix A and Appendix B to the Agreement are hereby deleted
in their entirety and replaced with the following:
"APPENDIX A
FUNDS AND EFFECTIVE DATES
NAME OF FUND EFFECTIVE DATE OF ADVISORY AGREEMENT
------------ ------------------------------------
AIM Developing Markets Fund September 1, 2001
AIM Global Energy Fund September 1, 2001
AIM Global Financial Services Fund September 11, 2000
AIM Global Health Care Fund September 1, 2001
AIM Global Science and Technology Fund September 1, 2001
AIM Libra Fund November 1, 0000
XXXXXXXX X
COMPENSATION TO THE ADVISOR
The Trust shall pay the Advisor, out of the assets of a Fund, as full
compensation for all services rendered, an advisory fee for such Fund set forth
below. Such fee shall be calculated by applying the following annual rates to
the average daily net assets of such Fund for the calendar year computed in the
manner used for the determination of the net asset value of shares of such Fund.
AIM LIBRA FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion..................................................................................... 0.85%
On amounts thereafter................................................................................ 0.80%
AIM DEVELOPING MARKETS FUND
AIM GLOBAL ENERGY FUND
AIM GLOBAL FINANCIAL SERVICES FUND
AIM GLOBAL HEALTH CARE FUND
AIM GLOBAL SCIENCE AND TECHNOLOGY FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million................................................................................... 0.975%
Next $500 million.................................................................................... 0.95%
Next $500 million.................................................................................... 0.925%
On amounts thereafter................................................................................ 0.90%"
2. In all other respects, the Agreement is hereby confirmed and remains in
full force and effect.
2
IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed by their respective officers on the date first written above.
AIM INVESTMENT FUNDS
Attest: /s/ XXXX X. XXXXXX By: /s/ XXXXXX X. XXXXXX
------------------------- ----------------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
A I M ADVISORS, INC.
Attest: /s/ XXXX X. XXXXXX By: /s/ XXXX X. XXXXXXXXXX
------------------------- ----------------------------------
Assistant Secretary Xxxx X. Xxxxxxxxxx
President
(SEAL)
