Statutory Prospectus Supplement dated October 6, 2010

The purpose of this supplement is to provide you with changes to the current Prospectus for Class A, A5, B, B5, C, C5, P, R, R5, S, Y and Investor Class, as applicable, of each of the Funds listed below:

Invesco Asia Pacific Growth Fund
Invesco Balanced-Risk Allocation Fund
Invesco Balanced-Risk Retirement 2010 Fund
Invesco Balanced-Risk Retirement 2020 Fund
Invesco Balanced-Risk Retirement 2030 Fund
Invesco Balanced-Risk Retirement 2040 Fund
Invesco Balanced-Risk Retirement 2050 Fund
Invesco Balanced-Risk Retirement Now Fund
Invesco Capital Development Fund
Invesco Charter Fund
Invesco China Fund
Invesco Constellation Fund
Invesco Developing Markets Fund
Invesco Diversified Dividend Fund
Invesco Endeavor Fund
Invesco European Growth Fund
Invesco European Small Company Fund
Invesco Global Equity Fund
Invesco Global Fund
Invesco Global Growth Fund
Invesco Global Health Care Fund
Invesco Global Small & Mid Cap Growth Fund
Invesco Income Allocation Fund
Invesco International Allocation Fund
Invesco International Growth Fund
Invesco International Small Company Fund
Invesco Japan Fund
Invesco Mid Cap Core Equity Fund
Invesco Select Equity Fund
Invesco Small Cap Equity Fund
Invesco Small Cap Growth Fund
Invesco Small Companies Fund
Invesco Summit Fund

The following information is added to the end of the first paragraph appearing under the heading “OTHER INFORMATION — Sales Charges”:

“Purchases of Class B and Class C shares are subject to a contingent deferred sales charge. For more information on contingent deferred sales charges, see “Shareholder Account Information—Contingent Deferred Sales Charges (CDSCs)” section of this prospectus.”

Invesco Retail-SUP-1B 100610

Statutory Prospectus Supplement dated October 6, 2010

The purpose of this supplement is to provide you with changes to the current Prospectus for Class A, B, C, R, Y and Investor Class, as applicable, of each of the Funds listed below:

Invesco Global Core Equity Fund
Invesco International Core Equity Fund
Invesco International Total Return Fund

The following information is added to the end of the first paragraph appearing under the heading “OTHER INFORMATION — Sales Charges”:

“Class B shares will be subject to payment of CDSC Category I CDSCs during the applicable CDSC periods (including exchanges into Class B Shares of another Invesco Fund during the applicable CDSC periods) listed under the heading “CDSCs on Class B Shares” in the “Shareholder Account Information—Contingent Deferred Sales Charges” section of the prospectus. Purchases of Class C shares are subject to a contingent deferred sales charge. For more information on contingent deferred sales charges, see “Shareholder Account Information—Contingent Deferred Sales Charges (CDSCs)” section of this prospectus.”

Invesco Retail-SUP-1C 100610