0001193125-16-791884.txt : 20161213 0001193125-16-791884.hdr.sgml : 20161213 20161213163003 ACCESSION NUMBER: 0001193125-16-791884 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20161213 DATE AS OF CHANGE: 20161213 EFFECTIVENESS DATE: 20161213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS (INVESCO INTERNATIONAL MUTUAL FUNDS) CENTRAL INDEX KEY: 0000880859 IRS NUMBER: 760352823 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-44611 FILM NUMBER: 162049212 BUSINESS ADDRESS: STREET 1: 11 GREENWAY PLAZA STE 2500 CITY: HOUSTON STATE: TX ZIP: 77046 BUSINESS PHONE: 7136261919 MAIL ADDRESS: STREET 1: AIM INTERNATIONAL FUNDS INC STREET 2: 11 GREENWAY PLAZA SUITE 2500 CITY: HOUSTON STATE: TX ZIP: 77046 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 20031126 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL FUNDS INC /MD/ DATE OF NAME CHANGE: 20000620 FORMER COMPANY: FORMER CONFORMED NAME: AIM INTERNATIONAL MUTUAL FUNDS DATE OF NAME CHANGE: 20000323 0000880859 S000000226 INVESCO Asia Pacific Growth Fund C000000537 Class A ASIAX C000000538 Class B ASIBX C000000539 Class C ASICX C000071235 Class Y ASIYX 0000880859 S000000227 INVESCO European Growth Fund C000000540 Class A AEDAX C000000541 Class B AEDBX C000000542 Class C AEDCX C000000543 Class R AEDRX C000000544 Investor Class EGINX C000071236 Class Y AEDYX 0000880859 S000000228 INVESCO Global Small & Mid Cap Growth Fund C000000545 Class A AGAAX C000000546 Class B AGABX C000000547 Class C AGACX C000053091 CLASS R5 GAIIX C000071237 Class Y AGAYX 0000880859 S000000229 INVESCO Global Growth Fund C000000548 Class A AGGAX C000000549 Class B AGGBX C000000550 Class C AGGCX C000053092 CLASS R5 GGAIX C000071238 Class Y AGGYX C000120686 Class R6 AGGFX 0000880859 S000000230 INVESCO International Growth Fund C000000551 Class A AIIEX C000000552 Class B AIEBX C000000553 Class C AIECX C000000554 Class R AIERX C000023043 CLASS R5 AIEVX C000071239 Class Y AIIYX C000120687 Class R6 IGFRX 0000880859 S000000231 INVESCO International Core Equity Fund C000000555 Class A IBVAX C000000556 Class B IBVBX C000000557 Class C IBVCX C000000558 Class R IIBRX C000000559 Investor Class IIBCX C000023044 CLASS R5 IBVIX C000071240 Class Y IBVYX C000120688 Class R6 IBVFX 0000880859 S000037836 Invesco Global Opportunities Fund C000116733 Class A IAOPX C000116734 Class C ICOPX C000116735 Class R IROPX C000116736 Class Y IYOPX C000116737 CLASS R5 IIOPX C000120689 Class R6 IFOPX 0000880859 S000037837 Invesco Select Opportunities Fund C000116738 CLASS R5 IZSIX C000116739 Class A IZSAX C000116740 Class C IZSCX C000116741 Class R IZSRX C000116742 Class Y IZSYX C000120690 Class R6 IZFSX 0000880859 S000052140 Invesco International Companies Fund C000164117 Class A C000164118 Class C C000164119 Class R C000164120 Class Y C000164121 Class R5 C000164122 Class R6 0000880859 S000054632 Invesco Global Responsibility Equity Fund C000171594 Class A C000171595 Class C C000171596 Class R C000171597 Class Y C000171598 Class R5 C000171599 Class R6 497 1 d310306d497.htm 497 497

AIMF-PRO-1-SUP-1

 

Statutory Prospectus Supplement dated December 13, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Class R5 and R6 shares of the Funds listed below:

 

Invesco Global Growth Fund

Invesco Global Opportunities Fund

Invesco Global Small & Mid Cap Growth Fund

Invesco International Core Equity Fund

Invesco International Growth Fund

Invesco Select Opportunities Fund

 

 

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Invesco Global Growth Fund – Fees and Expenses of the Fund”:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

Shareholder Fees (fees paid directly from your investment)

 

Class:

   R5      R6  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

       None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

       None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      R5     R6  

Management Fees

        0.79     0.79

Distribution and/or Service (12b-1) Fees

        None        None   

Other Expenses

        0.20        0.20   

Total Annual Fund Operating Expenses

        0.99        0.99   

Fee Waiver and/or Expense Reimbursement1

        0.02        0.02   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.97        0.97   

 

1  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of each of Class R5 and Class R6 shares to 0.97% of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During the term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Class R5

   $ 99       $ 313       $ 545       $ 1,211   

Class R6

   $ 99       $ 313       $ 545       $ 1,211   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the

 

AIMF-PRO-1-SUP-1    1                


AIMF-PRO-1-SUP-1

 

Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 24% of the average value of its portfolio.”

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Invesco Global Opportunities Fund – Fees and Expenses of the Fund”:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

Shareholder Fees (fees paid directly from your investment)

   Class:      R5      R6  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      R5     R6  

Management Fees

        0.80     0.80

Distribution and/or Service (12b-1) Fees

        None        None   

Other Expenses

        1.65        1.65   

Total Annual Fund Operating Expenses

        2.45        2.45   

Fee Waiver and/or Expense Reimbursement1

        1.68        1.68   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.77        0.77   

 

1 Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of each of Class R5 and Class R6 shares to 0.77% of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During the term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Class R5

   $ 79       $ 602       $ 1,153       $ 2,658   

Class R6

   $ 79       $ 602       $ 1,153       $ 2,658   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 71% of the average value of its portfolio.”

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Invesco International Core Equity Fund – Fees and Expenses of the Fund”:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

 

AIMF-PRO-1-SUP-1    2                


AIMF-PRO-1-SUP-1

 

Shareholder Fees (fees paid directly from your investment)

   Class:      R5      R6  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      R5     R6  

Management Fees

        0.75     0.75

Distribution and/or Service (12b-1) Fees

        None        None   

Other Expenses

        0.28        0.27   

Total Annual Fund Operating Expenses

        1.03        1.02   

Fee Waiver and/or Expense Reimbursement1

        0.16        0.15   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.87        0.87   

 

1 Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of each of Class R5 and Class R6 shares to 0.87% of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During the term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Class R5

   $ 89       $ 312       $ 553       $ 1,245   

Class R6

   $ 89       $ 310       $ 549       $ 1,234   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 63% of the average value of its portfolio.”

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Invesco Select Opportunities Fund – Fees and Expenses of the Fund”:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

Shareholder Fees (fees paid directly from your investment)

   Class:      R5      R6  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

 

AIMF-PRO-1-SUP-1    3                


AIMF-PRO-1-SUP-1

 

     Class:      R5     R6  

Management Fees

        0.80     0.80

Distribution and/or Service (12b-1) Fees

        None        None   

Other Expenses

        0.52        0.52   

Acquired Fund Fees and Expenses

        0.04        0.04   

Total Annual Fund Operating Expenses

        1.36        1.36   

Fee Waiver and/or Expense Reimbursement1

        0.58        0.58   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.78        0.78   

 

1 Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding Acquired Fund Fees and Expenses and certain items discussed in the SAI) of each of Class R5 and Class R6 shares to 0.77% of the Fund’s average daily net assets (the “expense limits”). Invesco has also contractually agreed to waive a portion of the Fund’s management fee in an amount equal to the net management fee that Invesco earns on the Fund’s investments in certain affiliated funds, which will have the effect of reducing the Acquired Fund Fees and Expenses. Unless Invesco continues the fee waiver agreements, they will terminate on February 28, 2018 and June 30, 2018, respectively. During their terms, the fee waiver agreements cannot be terminated or amended to increase the expense limits or reduce the advisory fee waiver without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Class R5

   $ 80       $ 374       $ 689       $ 1,585   

Class R6

   $ 80       $ 374       $ 689       $ 1,585   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 18% of the average value of its portfolio.”

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information – Invesco Global Growth Fund and Invesco International Core Equity Fund”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

    Invesco Global Growth Fund, Invesco Small & Mid Cap Growth Fund and Invesco International Growth Fund’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

AIMF-PRO-1-SUP-1    4                


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Invesco

Global

Growth Fund–

Class R5

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    0.97     0.99     0.99     0.99     0.99     0.99     0.99     0.99     0.99     0.99

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    4.03     8.20     12.54     17.05     21.75     26.63     31.71     36.99     42.48     48.20

End of Year Balance

  $ 10,403.00      $ 10,820.16      $ 11,254.05      $ 11,705.34      $ 12,174.72      $ 12,662.93      $ 13,170.71      $ 13,698.86      $ 14,248.18      $ 14,819.53   

Estimated Annual Expenses

  $ 98.95      $ 105.05      $ 109.27      $ 113.65      $ 118.21      $ 122.95      $ 127.88      $ 133.00      $ 138.34      $ 143.89   

Invesco

Global

Growth Fund–

Class R6

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    0.97     0.99     0.99     0.99     0.99     0.99     0.99     0.99     0.99     0.99

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    4.03     8.20     12.54     17.05     21.75     26.63     31.71     36.99     42.48     48.20

End of Year Balance

  $ 10,403.00      $ 10,820.16      $ 11,254.05      $ 11,705.34      $ 12,174.72      $ 12,662.93      $ 13,170.71      $ 13,698.86      $ 14,248.18      $ 14,819.53   

Estimated Annual Expenses

  $ 98.95      $ 105.05      $ 109.27      $ 113.65      $ 118.21      $ 122.95      $ 127.88      $ 133.00      $ 138.34      $ 143.89   

Invesco

International

Core Equity Fund –

Class R5

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    0.87     1.03     1.03     1.03     1.03     1.03     1.03     1.03     1.03     1.03

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    4.13     8.26     12.56     17.03     21.68     26.51     31.53     36.75     42.18     47.83

End of Year Balance

  $ 10,413.00      $ 10,826.40      $ 11,256.20      $ 11,703.08      $ 12,167.69      $ 12,650.74      $ 13,152.98      $ 13,675.15      $ 14,218.06      $ 14,782.51   

Estimated Annual Expenses

  $ 88.80      $ 109.38      $ 113.73      $ 118.24      $ 122.93      $ 127.81      $ 132.89      $ 138.16      $ 143.65      $ 149.35   

Invesco

International Core

Equity Fund –

Class R6

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    0.87     1.02     1.02     1.02     1.02     1.02     1.02     1.02     1.02     1.02

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    4.13     8.27     12.58     17.06     21.72     26.57     31.61     36.84     42.29     47.95

End of Year Balance

  $ 10,413.00      $ 10,827.44      $ 11,258.37      $ 11,706.45      $ 12,172.37      $ 12,656.83      $ 13,160.57      $ 13,684.36      $ 14,229.00      $ 14,795.31   

Estimated Annual Expenses

  $ 88.80      $ 108.33      $ 112.64      $ 117.12      $ 121.78      $ 126.63      $ 131.67      $ 136.91      $ 142.36      $ 148.02   

 

1  Your actual expenses may be higher or lower than those shown.”

 

 

AIMF-PRO-1-SUP-1    5                


GLG-PRO-1-SUP-1

 

Statutory Prospectus Supplement dated December 13, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Class A, B, C and Y shares of the Fund listed below:

Invesco Global Growth Fund

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Fund Summary - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information—Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares—Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).

 

Shareholder Fees (fees paid directly from your investment)

   Class:      A     B     C     Y  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        5.50     None        None        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None1        5.00     1.00     None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      A     B     C     Y  

Management Fees

        0.79     0.79     0.79     0.79

Distribution and/or Service (12b-1) Fees

        0.25        1.00        1.00        None   

Other Expenses

        0.38        0.38        0.38        0.38   

Total Annual Fund Operating Expenses

        1.42        2.17        2.17        1.17   

Fee Waiver and/or Expense Reimbursement2

        0.20        0.20        0.20        0.20   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.22        1.97        1.97        0.97   

 

1  A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Class A, Class B, Class C and Class Y shares to 1.22%, 1.97%, 1.97% and 0.97%, respectively, of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During the term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

GLG-PRO-1-SUP-1    1                


GLG-PRO-1-SUP-1

 

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 667       $ 956       $ 1,266       $ 2,142   

Class B

   $ 700       $ 960       $ 1,346       $ 2,297   

Class C

   $ 300       $ 660       $ 1,146       $ 2,488   

Class Y

   $ 99       $ 352       $ 624       $ 1,403   

You would pay the following expenses if you did not redeem your shares:

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 667       $ 956       $ 1,266       $ 2,142   

Class B

   $ 200       $ 660       $ 1,146       $ 2,297   

Class C

   $ 200       $ 660       $ 1,146       $ 2,488   

Class Y

   $ 99       $ 352       $ 624       $ 1,403   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 24% of the average value of its portfolio.”

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year;

 

    The Fund’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed;

 

    Hypotheticals both with and without any applicable initial sales charge applied; and

 

    There is no sales charge on reinvested dividends.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Class A

(Includes

Maximum

Sales Charge)

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.22     1.42     1.42     1.42     1.42     1.42     1.42     1.42     1.42     1.42

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    (1.93 )%      1.58     5.22     8.99     12.89     16.93     21.12     25.45     29.94     34.59

End of Year Balance

  $ 9,807.21      $ 10,158.31      $ 10,521.98      $ 10,898.66      $ 11,288.83      $ 11,692.97      $ 12,111.58      $ 12,545.18      $ 12,994.30      $ 13,459.49   

Estimated Annual Expenses

  $ 667.47      $ 141.76      $ 146.83      $ 152.09      $ 157.53      $ 163.17      $ 169.01      $ 175.06      $ 181.33      $ 187.82   

 

GLG-PRO-1-SUP-1    2                


GLG-PRO-1-SUP-1

 

Class A

(Without

Maximum

Sales Charge)

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.22     1.42     1.42     1.42     1.42     1.42     1.42     1.42     1.42     1.42

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.78     7.50     11.34     15.33     19.46     23.74     28.16     32.75     37.51     42.43

End of Year Balance

  $ 10,378.00      $ 10,749.53      $ 11,134.37      $ 11,532.98      $ 11,945.86      $ 12,373.52      $ 12,816.49      $ 13,275.32      $ 13,750.58      $ 14,242.85   

Estimated Annual Expenses

  $ 124.31      $ 150.01      $ 155.38      $ 160.94      $ 166.70      $ 172.67      $ 178.85      $ 185.25      $ 191.88      $ 198.75   

Class B2

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.97     2.17     2.17     2.17     2.17     2.17     2.17     2.17     1.42     1.42

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.03     5.95     8.94     12.03     15.20     18.46     21.81     25.26     29.74     34.39

End of Year Balance

  $ 10,303.00      $ 10,594.57      $ 10,894.40      $ 11,202.71      $ 11,519.75      $ 11,845.76      $ 12,180.99      $ 12,525.72      $ 12,974.14      $ 13,438.61   

Estimated Annual Expenses

  $ 199.98      $ 226.74      $ 233.16      $ 239.75      $ 246.54      $ 253.52      $ 260.69      $ 268.07      $ 181.05      $ 187.53   

Class C2

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.97     2.17     2.17     2.17     2.17     2.17     2.17     2.17     2.17     2.17

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.03     5.95     8.94     12.03     15.20     18.46     21.81     25.26     28.80     32.45

End of Year Balance

  $ 10,303.00      $ 10,594.57      $ 10,894.40      $ 11,202.71      $ 11,519.75      $ 11,845.76      $ 12,180.99      $ 12,525.72      $ 12,880.19      $ 13,244.70   

Estimated Annual Expenses

  $ 199.98      $ 226.74      $ 233.16      $ 239.75      $ 246.54      $ 253.52      $ 260.69      $ 268.07      $ 275.65      $ 283.46   

Class Y

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    0.97     1.17     1.17     1.17     1.17     1.17     1.17     1.17     1.17     1.17

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    4.03     8.01     12.15     16.45     20.91     25.54     30.35     35.34     40.52     45.90

End of Year Balance

  $ 10,403.00      $ 10,801.43      $ 11,215.13      $ 11,644.67      $ 12,090.66      $ 12,553.73      $ 13,034.54      $ 13,533.76      $ 14,052.11      $ 14,590.30   

Estimated Annual Expenses

  $ 98.95      $ 124.05      $ 128.80      $ 133.73      $ 138.85      $ 144.17      $ 149.69      $ 155.42      $ 161.38      $ 167.56   

 

1  Your actual expenses may be higher or lower than those shown.
2  The hypothetical assumes you hold your investment for a full 10 years. Therefore, any applicable deferred sales charge that might apply in years one through six for Class B and year one for Class C has not been deducted.”

 

GLG-PRO-1-SUP-1    3                


GLOPP-PRO-1-SUP-1

 

Statutory Prospectus Supplement dated December 13, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Class A, C, R and Y shares of the Fund listed below:

Invesco Global Opportunities Fund

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Fund Summary – Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information—Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares—Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).

 

Shareholder Fees (fees paid directly from your investment)

   Class:      A     C     R      Y  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        5.50     None        None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None1        1.00     None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      A     C     R     Y  

Management Fees

        0.80     0.80     0.80     0.80

Distribution and/or Service (12b-1) Fees

        0.25        1.00        0.50        None   

Other Expenses

        1.89        1.89        1.89        1.89   

Total Annual Fund Operating Expenses

        2.94        3.69        3.19        2.69   

Fee Waiver and/or Expense Reimbursement2

        1.92        1.92        1.92        1.92   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.02        1.77        1.27        0.77   

 

1  A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).”
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Class A, Class C, Class R and Class Y shares to 1.02%, 1.77%, 1.27% and 0.77%, respectively, of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

GLOPP-PRO-1-SUP-1    1                


GLOPP-PRO-1-SUP-1

 

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 648       $ 1,238       $ 1,852       $ 3,502   

Class C

   $ 280       $ 952       $ 1,744       $ 3,817   

Class R

   $ 129       $ 803       $ 1,502       $ 3,361   

Class Y

   $ 79       $ 652       $ 1,253       $ 2,880   

You would pay the following expenses if you did not redeem your shares:

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 648       $ 1,238       $ 1,852       $ 3,502   

Class C

   $ 180       $ 952       $ 1,744       $ 3,817   

Class R

   $ 129       $ 803       $ 1,502       $ 3,361   

Class Y

   $ 79       $ 652       $ 1,253       $ 2,880   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 71% of the average value of its portfolio.”

 

GLOPP-PRO-1-SUP-1    2                


ICO-PRO-1-SUP-1

 

Statutory Prospectus Supplement dated December 13, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Class A, C, R and Y shares of the Fund listed below:

Invesco International Companies Fund

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Fund Summary – Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information—Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares—Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).

 

Shareholder Fees (fees paid directly from your investment)

   Class:      A     C     R      Y  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        5.50     None        None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None1        1.00     None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      A     C     R     Y  

Management Fees

        0.94     0.94     0.94     0.94

Distribution and/or Service (12b-1) Fees

        0.25        1.00        0.50        None   

Other Expenses2

        1.56        1.56        1.56        1.56   

Total Annual Fund Operating Expenses

        2.75        3.50        3.00        2.50   

Fee Waiver and/or Expense Reimbursement3

        1.63        1.63        1.63        1.63   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.12        1.87        1.37        0.87   

 

1  A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).”

2 “Other Expenses” are based on estimated amounts for the current fiscal year.

3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Class A, Class C, Class R and Class Y shares to 1.12%, 1.87%, 1.37% and 0.87%, respectively, of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

ICO-PRO-1-SUP-1    1                


ICO-PRO-1-SUP-1

 

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 658       $ 1,210       $ 1,787       $ 3,348   

Class C

   $ 290       $ 923       $ 1,678       $ 3,666   

Class R

   $ 139       $ 774       $ 1,434       $ 3,202   

Class Y

   $ 89       $ 623       $ 1,183       $ 2,713   

You would pay the following expenses if you did not redeem your shares:

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 658       $ 1,210       $ 1,787       $ 3,348   

Class C

   $ 190       $ 923       $ 1,678       $ 3,666   

Class R

   $ 139       $ 774       $ 1,434       $ 3,202   

Class Y

   $ 89       $ 623       $ 1,183       $ 2,713   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the period December 21, 2015 (the Fund’s commencement of operations) through April 30, 2016, the Fund’s portfolio turnover rate was 13% of the average value of its portfolio.”

 

ICO-PRO-1-SUP-1    2                


ICO-PRO-2-SUP-1

Statutory Prospectus Supplement dated December 13, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Class R5 and R6 shares of the Fund listed below:

Invesco International Companies Fund

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading Fund Summary – Fees and Expenses of the Fund in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

Shareholder Fees (fees paid directly from your investment)

   Class:      R5      R6  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      R5     R6  

Management Fees

        0.94     0.94

Distribution and/or Service (12b-1) Fees

        None        None   

Other Expenses1

        1.50        1.44   

Total Annual Fund Operating Expenses

        2.44        2.38   

Fee Waiver and/or Expense Reimbursement2

        1.57        1.51   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.87        0.87   

 

1  “Other Expenses” are based on estimated amounts for the current fiscal year.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of each of Class R5 and Class R6 shares to 0.87% of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Class R5

   $ 89       $ 610       $ 1,158       $ 2,657   

Class R6

   $ 89       $ 598       $ 1,133       $ 2,600   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the

 

ICO-PRO-2-SUP-1    1   


ICO-PRO-2-SUP-1

Fund’s performance. During the period December 21, 2015 (the Fund’s commencement of operations) through April 30, 2016, the Fund’s portfolio turnover rate was 13% of the average value of its portfolio.”

 

ICO-PRO-2-SUP-1    2   


I-ICE-PRO-1-SUP-2

Statutory Prospectus Supplement dated December 13, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Class A, B, C, R, Y and Investor Class shares of the Fund listed below:

Invesco International Core Equity Fund

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading Fund Summary—Fees and Expenses of the Fund in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information—Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares—Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).

 

Shareholder Fees (fees paid directly from your investment)

   Class:      A     B     C     R      Y      Investor  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        5.50     None        None        None         None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None 1      5.00     1.00     None         None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      A     B     C     R     Y     Investor  

Management Fees

        0.75     0.75     0.75     0.75     0.75     0.75

Distribution and/or Service (12b-1) Fees

        0.25        1.00        1.00        0.50        None        0.25   

Other Expenses

        0.61        0.61        0.61        0.61        0.61        0.61   

Total Annual Fund Operating Expenses

        1.61        2.36        2.36        1.86        1.36        1.61   

Fee Waiver and/or Expense Reimbursement2

        0.49        0.49        0.49        0.49        0.49        0.49   

Total Annual Fund Operating Expenses

        1.12        1.87        1.87        1.37        0.87        1.12   

 

1  A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).”
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Class A, Class B, Class C, Class R, Class Y and Investor Class shares to 1.12%, 1.87%, 1.87%, 1.37%, 0.87% and 1.12%, respectively, of the Fund’s average daily net assets (the “expense limits”). Unless Invesco continues the fee waiver agreement, it will terminate on February 28, 2018. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limits without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

I-ICE-PRO-1-SUP-2    1   


I-ICE-PRO-1-SUP-2

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 658       $ 985       $ 1,334       $ 2,317   

Class B

   $ 690       $ 990       $ 1,416       $ 2,471   

Class C

   $ 290       $ 690       $ 1,216       $ 2,659   

Class R

   $ 139       $ 537       $ 960       $ 2,140   

Class Y

   $ 89       $ 382       $ 698       $ 1,592   

Investor Class

   $ 114       $ 460       $ 830       $ 1,870   

You would pay the following expenses if you did not redeem your shares:

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 658       $ 985       $ 1,334       $ 2,317   

Class B

   $ 190       $ 690       $ 1,216       $ 2,471   

Class C

   $ 190       $ 690       $ 1,216       $ 2,659   

Class R

   $ 139       $ 537       $ 960       $ 2,140   

Class Y

   $ 89       $ 382       $ 698       $ 1,592   

Investor Class

   $ 114       $ 460       $ 830       $ 1,870   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 63% of the average value of its portfolio.”

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year;

 

    The Fund’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed;

 

    Hypotheticals both with and without any applicable initial sales charge applied; and

 

    There is no sales charge on reinvested dividends.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Class A (Includes

Maximum

Sales Charge)

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.12     1.61     1.61     1.61     1.61     1.61     1.61     1.61     1.61     1.61

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    (1.83 )%      1.49     4.94     8.49     12.17     15.97     19.90     23.97     28.17     32.52

End of Year Balance

  $ 9,816.66      $ 10,149.44      $ 10,493.51      $ 10,849.24      $ 11,217.03      $ 11,597.29      $ 11,990.44      $ 12,396.91      $ 12,817.17      $ 13,251.67   

Estimated Annual Expenses

  $ 657.89      $ 160.73      $ 166.18      $ 171.81      $ 177.63      $ 183.66      $ 189.88      $ 196.32      $ 202.97      $ 209.85   

 

I-ICE-PRO-1-SUP-2    2   


I-ICE-PRO-1-SUP-2

 

Class A (Without Maximum

Sales Charge)

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.12     1.61     1.61     1.61     1.61     1.61     1.61     1.61     1.61     1.61

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.88     7.40     11.04     14.81     18.70     22.72     26.88     31.18     35.63     40.23

End of Year Balance

  $ 10,388.00      $ 10,740.15      $ 11,104.24      $ 11,480.68      $ 11,869.87      $ 12,272.26      $ 12,688.29      $ 13,118.42      $ 13,563.14      $ 14,022.93   

Estimated Annual Expenses

  $ 114.17      $ 170.08      $ 175.85      $ 181.81      $ 187.97      $ 194.34      $ 200.93      $ 207.74      $ 214.79      $ 222.07   

Class B2

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.87     2.36     2.36     2.36     2.36     2.36     2.36     2.36     1.61     1.61

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.13     5.85     8.65     11.52     14.46     17.48     20.58     23.77     27.96     32.30

End of Year Balance

  $ 10,313.00      $ 10,585.26      $ 10,864.71      $ 11,151.54      $ 11,445.94      $ 11,748.12      $ 12,058.27      $ 12,376.60      $ 12,796.17      $ 13,229.96   

Estimated Annual Expenses

  $ 189.93      $ 246.60      $ 253.11      $ 259.79      $ 266.65      $ 273.69      $ 280.92      $ 288.33      $ 202.64      $ 209.51   

Class C2

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.87     2.36     2.36     2.36     2.36     2.36     2.36     2.36     2.36     2.36

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.13     5.85     8.65     11.52     14.46     17.48     20.58     23.77     27.03     30.39

End of Year Balance

  $ 10,313.00      $ 10,585.26      $ 10,864.71      $ 11,151.54      $ 11,445.94      $ 11,748.12      $ 12,058.27      $ 12,376.60      $ 12,703.35      $ 13,038.72   

Estimated Annual Expenses

  $ 189.93      $ 246.60      $ 253.11      $ 259.79      $ 266.65      $ 273.69      $ 280.92      $ 288.33      $ 295.94      $ 303.76   

Class R

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.37     1.86     1.86     1.86     1.86     1.86     1.86     1.86     1.86     1.86

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.63     6.88     10.24     13.70     17.27     20.95     24.75     28.67     32.71     36.88

End of Year Balance

  $ 10,363.00      $ 10,688.40      $ 11,024.01      $ 11,370.17      $ 11,727.19      $ 12,095.43      $ 12,475.22      $ 12,866.94      $ 13,270.97      $ 13,687.67   

Estimated Annual Expenses

  $ 139.49      $ 195.78      $ 201.93      $ 208.27      $ 214.81      $ 221.55      $ 228.51      $ 235.68      $ 243.08      $ 250.72   

Class Y

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    0.87     1.36     1.36     1.36     1.36     1.36     1.36     1.36     1.36     1.36

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    4.13     7.92     11.85     15.92     20.14     24.51     29.04     33.74     38.61     43.66

End of Year Balance

  $ 10,413.00      $ 10,792.03      $ 11,184.86      $ 11,591.99      $ 12,013.94      $ 12,451.25      $ 12,904.47      $ 13,374.20      $ 13,861.02      $ 14,365.56   

Estimated Annual Expenses

  $ 88.80      $ 144.19      $ 149.44      $ 154.88      $ 160.52      $ 166.36      $ 172.42      $ 178.69      $ 185.20      $ 191.94   

Investor Class

  Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

    1.12     1.61     1.61     1.61     1.61     1.61     1.61     1.61     1.61     1.61

Cumulative Return Before Expenses

    5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

    3.88     7.40     11.04     14.81     18.70     22.72     26.88     31.18     35.63     40.23

End of Year Balance

  $ 10,388.00      $ 10,740.15      $ 11,104.24      $ 11,480.68      $ 11,869.87      $ 12,272.26      $ 12,688.29      $ 13,118.42      $ 13,563.14      $ 14,022.93   

Estimated Annual Expenses

  $ 114.17      $ 170.08      $ 175.85      $ 181.81      $ 187.97      $ 194.34      $ 200.93      $ 207.74      $ 214.79      $ 222.07   

 

1  Your actual expenses may be higher or lower than those shown.
2  The hypothetical assumes you hold your investment for a full 10 years. Therefore, any applicable deferred sales charge that might apply in years one through six for Class B and year one for Class C has not been deducted.”

 

I-ICE-PRO-1-SUP-2    3   


SOPP-PRO-1-SUP-1

Statutory Prospectus Supplement dated December 13, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Class A, C, R and Y shares of the Fund listed below:

Invesco Select Opportunities Fund

Effective January 1, 2017, the following information replaces in its entirety the information appearing under the heading Fund Summary – Fees and Expenses of the Fund in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Invesco Funds. More information about these and other discounts is available from your financial professional and in the section “Shareholder Account Information—Initial Sales Charges (Class A Shares Only)” on page A-3 of the prospectus and the section “Purchase, Redemption and Pricing of Shares—Purchase and Redemption of Shares” on page L-1 of the statement of additional information (SAI).

 

Shareholder Fees (fees paid directly from your investment)

   Class:      A     C     R      Y  

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        5.50     None        None         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None 1      1.00     None         None   

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:      A     C     R     Y  

Management Fees

        0.80     0.80     0.80     0.80

Distribution and/or Service (12b-1) Fees

        0.25        1.00        0.50        None   

Other Expenses

        0.66        0.66        0.66        0.66   

Acquired Fund Fees and Expenses

        0.04        0.04        0.04        0.04   

Total Annual Fund Operating Expenses

        1.75        2.50        2.00        1.50   

Fee Waiver and/or Expense Reimbursement2

        0.72        0.72        0.72        0.72   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.03        1.78        1.28        0.78   

 

1  A contingent deferred sales charge may apply in some cases. See “Shareholder Account Information-Contingent Deferred Sales Charges (CDSCs).”
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding Acquired Fund Fees and Expenses and certain items discussed in the SAI) of Class A, Class C, Class R and Class Y shares to 1.02%, 1.77%, 1.27% and 0.77%, respectively, of the Fund’s average daily net assets (the “expense limits”). Invesco has also contractually agreed to waive a portion of the Fund’s management fee in an amount equal to the net management fee that Invesco earns on the Fund’s investments in certain affiliated funds, which will have the effect of reducing the Acquired Fund Fees and Expenses. Unless Invesco continues the fee waiver agreements, they will terminate on February 28, 2018 and June 30, 2018, respectively. During their terms, the fee waiver agreements cannot be terminated or amended to increase the expense limits or reduce the advisory fee waiver without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating

 

 

SOPP-PRO-1-SUP-1    1   


SOPP-PRO-1-SUP-1

 

expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 649       $ 1,004       $ 1,383       $ 2,443   

Class C

   $ 281       $ 710       $ 1,266       $ 2,782   

Class R

   $ 130       $ 558       $ 1,011       $ 2,269   

Class Y

   $ 80       $ 403       $ 750       $ 1,729   

You would pay the following expenses if you did not redeem your shares:

 

     1 Year      3 Years      5 Years      10 Years  

Class A

   $ 649       $ 1,004       $ 1,383       $ 2,443   

Class C

   $ 181       $ 710       $ 1,266       $ 2,782   

Class R

   $ 130       $ 558       $ 1,011       $ 2,269   

Class Y

   $ 80       $ 403       $ 750       $ 1,729   

Portfolio Turnover. The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 18% of the average value of its portfolio.”

 

SOPP-PRO-1-SUP-1    2   


AIMF-ICO-SUP-4

Statement of Additional Information Supplement dated December 13, 2016

The purpose of this supplement is to provide you with changes to the current Statement of Additional Information for Class A, C, R, R5, R6 and Y shares, as applicable, of the Fund listed below:

Invesco International Companies Fund

Effective January 1, 2017, the following information replaces in its entirety the ninth, tenth and eleventh paragraphs under the heading “INVESTMENT ADVISORY AND OTHER SERVICES – Investment Adviser” of the Statement of Additional Information.

“Invesco also has contractually agreed to waive advisory fees or reimburse expenses to the extent necessary to limit total annual fund operating expenses (excluding (i) interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary or non-routine items, including litigation expenses; and (v) expenses that the Fund has incurred but did not actually pay because of an expense offset arrangement). The expense limitations for the Fund’s shares are:

 

Fund

   Expense Limitation     Expiration Date  

Invesco International Companies Fund

    

Class A Shares

     1.12     February 28, 2018   

Class C Shares

     1.87     February 28, 2018   

Class R Shares

     1.37     February 28, 2018   

Class Y Shares

     0.87     February 28, 2018   

Class R5 Shares

     0.87     February 28, 2018   

Class R6 Shares

     0.87     February 28, 2018   

Acquired Fund Fees and Expenses are not operating expenses of the Fund directly, but are fees and expenses, including management fees of the investment companies in which the Fund invests. As a result, the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement may exceed the Fund’s expense limit.

If applicable, such contractual fee waivers or reductions are set forth in the fee table to the Fund’s prospectus. Unless Invesco continues the fee waiver agreements, they will terminate as indicated above. During their terms, the fee waiver agreements cannot be terminated or amended to increase the expense limits or reduce the advisory fee waiver without approval of the Board.”

 

 

AIMF-ICO-SUP-4    1   


AIMF-SUP-6

Statement of Additional Information Supplement dated December 13, 2016

The purpose of this supplement is to provide you with changes to the current Statement of Additional Information for Class A, B, C, R, R5, R6, Y and Investor Class shares, as applicable, of the Funds listed below:

 

Invesco Asia Pacific Growth Fund

Invesco European Growth Fund

Invesco Global Growth Fund

Invesco Global Opportunities Fund

Invesco Global Small & Mid Cap Growth Fund

Invesco International Core Equity Fund

Invesco International Growth Fund

Invesco Select Opportunities Fund

 

Effective January 1, 2017, the following information replaces in its entirety the ninth and tenth paragraphs under the heading “INVESTMENT ADVISORY AND OTHER SERVICES – Investment Adviser” of the Statement of Additional Information.

“Invesco also has contractually agreed to waive advisory fees or reimburse expenses to the extent necessary to limit total annual fund operating expenses (excluding (i) interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary or non-routine items, including litigation expenses; and (v) expenses that each Fund has incurred but did not actually pay because of an expense offset arrangement). The expense limitations for the following Funds’ shares are:

 

Fund

   Expense Limitation  
     Expires
June 30, 2017
    Expires
February 28, 2018
 

Invesco Asia Pacific Growth Fund

    

Class A Shares

     2.25     —     

Class B Shares

     3.00     —     

Class C Shares

     3.00     —     

Class Y Shares

     2.00     —     

Invesco European Growth Fund

    

Class A Shares

     2.25     —     

Class B Shares

     3.00     —     

Class C Shares

     3.00     —     

Class R Shares

     2.50     —     

Class Y Shares

     2.00     —     

Investor Class Shares

     2.25     —     

Invesco Global Growth Fund

    

Class A Shares

     —          1.22

Class B Shares

     —          1.97

Class C Shares

     —          1.97

Class Y Shares

     —          0.97

Class R5 Shares

     —          0.97

Class R6 Shares

     —          0.97

Invesco Global Opportunities Fund

    

Class A Shares

     —          1.02

Class C Shares

     —          1.77

Class R Shares

     —          1.27

Class Y Shares

     —          0.77

Class R5 Shares

     —          0.77

Class R6 Shares

     —          0.77

 

AIMF-SUP-6    1   


AIMF-SUP-6

 

Fund

   Expense Limitation  
     Expires
June 30, 2017
    Expires
February 28, 2018
 

Invesco Global Small & Mid Cap Growth Fund

    

Class A Shares

     2.25     —     

Class B Shares

     3.00     —     

Class C Shares

     3.00     —     

Class Y Shares

     2.00     —     

Class R5 Shares

     2.00     —     

Invesco International Core Equity Fund

    

Class A Shares

     —          1.12

Class B Shares

     —          1.87

Class C Shares

     —          1.87

Class R Shares

     —          1.37

Class Y Shares

     —          0.87

Class R5 Shares

     —          0.87

Class R6 Shares

     —          0.87

Investor Class Shares

     —          1.12

Invesco International Growth Fund

    

Class A Shares

     2.25     —     

Class B Shares

     3.00     —     

Class C Shares

     3.00     —     

Class R Shares

     2.50     —     

Class Y Shares

     2.00     —     

Class R5 Shares

     2.00     —     

Class R6 Shares

     2.00     —     

Invesco Select Opportunities Fund

    

Class A Shares

     —          1.02

Class C Shares

     —          1.77

Class R Shares

     —          1.27

Class Y Shares

     —          0.77

Class R5 Shares

     —          0.77

Class R6 Shares

     —          0.77

Acquired Fund Fees and Expenses are not operating expenses of the Fund directly, but are fees and expenses, including management fees of the investment companies in which the Fund invests. As a result, the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement may exceed a Fund’s expense limit.

If applicable, such contractual fee waivers or reductions are set forth in the fee table to the Fund’s prospectus. Unless Invesco continues the fee waiver agreements, they will terminate as indicated above. During their terms, the fee waiver agreements cannot be terminated or amended to increase the expense limits or reduce the advisory fee waiver without approval of the Board.”

 

AIMF-SUP-6    2