EX-99.L.1.I 11 d537152dex99l1i.htm EX-99.L.1.I EX-99.L.1.I
LOGO        

 

PO Box 4333

Houston, TX 77210-4333

11 Greenway Plaza, Suite 1000

Houston, TX 77046-1173

 

713 626 1919

www.invesco.com/us

December 29, 2017

Board of Trustees

AIM Growth Series (Invesco Growth Series) (the “Trust”)

11 Greenway Plaza, Suite 1000

Houston, Texas 77046-1173

Re: Initial Capital Investment in New Portfolio of the Trust

Ladies and Gentlemen:

We are purchasing shares of the Invesco Peak Retirement™ 2065 Fund, Invesco Peak Retirement™ 2060 Fund, Invesco Peak Retirement™ 2055 Fund, Invesco Peak Retirement™ 2050 Fund, Invesco Peak Retirement™ 2045 Fund, Invesco Peak Retirement™ 2040 Fund, Invesco Peak Retirement™ 2035 Fund, Invesco Peak Retirement™ 2030 Fund, Invesco Peak Retirement™ 2025 Fund, Invesco Peak Retirement™ 2020 Fund, Invesco Peak Retirement™ 2015 Fund, Invesco Peak Retirement™ Now Fund (the “Funds”), new series portfolios of the Trust, for the purpose of providing initial investment for the Funds. The purpose of this letter is to set out our understanding of the conditions of and our promises and representations concerning this investment.

We hereby agree to purchase shares equal to the following dollar amount for the Fund:

 

FUND AND CLASS

    AMOUNT      DATE  

Initial investment for the purpose of commencing operations

  

Invesco Peak Retirement™ 2015 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2020 Fund -

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2025 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

December 29, 2017

Page 2

 

Invesco Peak Retirement™ 2030 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2035 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2040 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2045 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2050 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2055 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

December 29, 2017

Page 3

 

Invesco Peak Retirement™ 2060 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ 2065 Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

Invesco Peak Retirement™ Now Fund –

    $ 500,000     

Class A

    $ 40,000        January 2, 2018  

Class C

    $ 10,000        January 2, 2018  

Class R

    $ 10,000        January 2, 2018  

Class Y

    $ 40,000        January 2, 2018  

Class R5

    $ 100,000        January 2, 2018  

Class R6

    $ 300,000        January 2, 2018  

We hereby represent that we are purchasing these shares solely for our own account and solely for investment purposes without any intent of distributing or reselling said shares. We further represent that disposition of said shares will only be by direct redemption to or repurchase by the Trust.

We further agree to provide the Trust with at least three business day’s advance written notice of any intended redemption of amounts invested for the purpose of commencing operations and agree that we will work with the Trust with respect to the amount of such redemption so as not to place a burden on the Trust and to facilitate normal portfolio management of the Fund.

December 29, 2017

Page 4

 

Sincerely yours,

INVESCO ADVISERS, INC.

 

/s/ John M. Zerr

John M. Zerr
Senior Vice President

cc:    Mark Gregson