CST SUP-1 022813
Statutory Prospectus Supplement dated February 28, 2013
The purpose of this mailing is to provide you with changes to the current Prospectus for Class A,
B, C, R and Y shares of the Fund listed below:
Invesco Constellation Fund
Following meetings held in October and December, 2012, the Boards of Trustees of the Invesco Funds
have unanimously approved an Agreement and Plan of Reorganization (the Agreement) pursuant to
which the Target Fund listed below would transfer all of its assets and liabilities to the
corresponding Acquiring Fund listed below in exchange for shares of the Acquiring Fund that would
be distributed to Target Fund shareholders:
|
|
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TARGET FUND |
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ACQUIRING FUND |
Invesco Constellation Fund, a
series portfolio of AIM Equity
Funds (Invesco Equity Funds)
|
|
Invesco American Franchise Fund, a
series portfolio of AIM Counselor
Series Trust (Invesco Counselor
Series Trust) |
The Agreement requires approval by the Target Fund shareholders and will be submitted to the
shareholders for their consideration at a meeting to be held in or around April 2013. If the
Agreement is approved by shareholders of the Target Fund and certain conditions required by the
Agreement are satisfied, the reorganization is expected to be consummated shortly thereafter. Upon
closing of the reorganization, shareholders of the Target Fund will receive a corresponding class
of shares of the Acquiring Fund in exchange for their shares of the Target Fund, and the Target
Fund will liquidate and cease operations.
A combined Proxy Statement/Prospectus will be sent to shareholders of the Target Fund to seek their
approval of the Agreement, which will include a full discussion of the reorganization and the
factors the Boards of Trustees considered in approving the Agreement.
If shareholders approve the reorganization, it is anticipated that the Target Fund will close
to new investors as soon as practicable following shareholder approval through the consummation of
the reorganization to facilitate a smooth transition of the Target Fund shareholders to the
Acquiring Fund. The Acquiring Fund will remain open for purchase during this period.
All investors who are invested in the Target Fund as of the date on which the Target Fund closed to
new investors and remain invested in the Target Fund may continue to make additional investments in
their existing accounts and may open new accounts in their name.
CST SUP-1 022813
AEF SUP-1 022813
Statutory Prospectus Supplement dated February 28, 2013
The purpose of this mailing is to provide you with changes to the current Prospectus for Class R5
and Class R6 shares, as applicable, of each of the Funds listed below:
Invesco Charter Fund
Invesco Constellation Fund
Invesco Diversified Dividend Fund
Invesco Summit Fund
Following meetings held in October and December, 2012, the Boards of Trustees of the Invesco Funds
have unanimously approved an Agreement and Plan of Reorganization (the Agreement) pursuant to
which the Target Fund listed below would transfer all of its assets and liabilities to the
corresponding Acquiring Fund listed below in exchange for shares of the Acquiring Fund that would
be distributed to Target Fund shareholders:
|
|
|
TARGET FUND |
|
ACQUIRING FUND |
Invesco Constellation Fund, a
series portfolio of AIM Equity
Funds (Invesco Equity Funds)
|
|
Invesco American Franchise Fund, a
series portfolio of AIM Counselor
Series Trust (Invesco Counselor
Series Trust) |
The Agreement requires approval by the Target Fund shareholders and will be submitted to the
shareholders for their consideration at a meeting to be held in or around April 2013. If the
Agreement is approved by shareholders of the Target Fund and certain conditions required by the
Agreement are satisfied, the reorganization is expected to be consummated shortly thereafter. Upon
closing of the reorganization, shareholders of the Target Fund will receive a corresponding class
of shares of the Acquiring Fund in exchange for their shares of the Target Fund, and the Target
Fund will liquidate and cease operations. Shareholders of the Target Fund will vote separately on
the Agreement, and the reorganization will be effected as to a particular Target Fund only if that
funds shareholders approve the Agreement.
A combined Proxy Statement/Prospectus will be sent to shareholders of the Target Fund to seek their
approval of the Agreement, which will include a full discussion of the reorganization and the
factors the Boards of Trustees considered in approving the Agreement.
If shareholders approve the reorganization, it is anticipated that the Target Fund will close
to new investors as soon as practicable following shareholder approval through the consummation of
the reorganization to facilitate a smooth transition of the Target Fund shareholders to the
Acquiring Fund. The Acquiring Fund will remain open for purchase during this period.
All investors who are invested in the Target Fund as of the date on which the Target Fund closed to
new investors and remain invested in the Target Fund may continue to make additional investments in
their existing accounts and may open new accounts in their name.
AEF SUP-1 022813