EX-99.D.1.R 5 d102659dex99d1r.htm EX-99.D.1.R EX-99.D.1.R

AMENDMENT NO. 1

TO THE

AMENDED AND RESTATED MASTER INVESTMENT ADVISORY AGREEMENT

This Amendment dated as of August 5, 2020, amends the Amended and Restated Master Investment Advisory Agreement (the “Agreement”), dated July 1, 2020, between AIM International Mutual Funds (Invesco International Mutual Funds), a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.

W I T N E S S E T H:

WHEREAS, the parties agree to amend the Agreement remove Invesco Global Opportunities Fund;

NOW, THEREFORE, the parties agree that;

 

  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
Invesco Advantage International Fund    May 24, 2019
Invesco Asia Pacific Growth Fund    November 25, 2003
Invesco European Growth Fund    November 25, 2003
Invesco Global Growth Fund    November 25, 2003
Invesco International Select Equity Fund    December 21, 2015
Invesco International Core Equity Fund    November 25, 2003
Invesco International Growth Fund    November 25, 2003
Invesco MSCI World SRI Index Fund    June 30, 2016
Invesco Oppenheimer Global Focus Fund    May 24, 2019
Invesco Oppenheimer Global Fund    May 24, 2019
Invesco Oppenheimer Global Opportunities Fund    May 24, 2019
Invesco Oppenheimer International Equity Fund    May 24, 2019
Invesco Oppenheimer International Growth Fund    May 24, 2019
Invesco Oppenheimer International Small-Mid Company Fund    May 24, 2019
Invesco Select Opportunities Fund    July 30, 2012

APPENDIX B

COMPENSATION TO THE ADVISOR

The Trust shall pay the Adviser, out of the assets of each Fund, as full compensation for all services rendered, an advisory fee for such Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such Funds.

Invesco Advantage International Fund

 

Net Assets

    Annual Rate**  

First $500 million

      0.49 % 

Next $500 million

      0.47 % 

Next $4 billion

      0.44 % 

Over $ 5 billion

      0.42 % 

Invesco Asia Pacific Growth Fund

Invesco European Growth Fund

Invesco International Select Equity Fund

Invesco International Growth Fund

 

Net Assets

    Annual Rate  

First $250 million

      0.935 % 

Next $ 250 million

      0.91 % 

Next $ 500 million

      0.885 % 

Next $1.5 billion

      0.86 % 

Next $2.5 billion

      0.835 % 

Next $2.5 billion

      0.81 % 

Next $2.5 billion

      0.785 % 

Over $10 billion

      0.76 % 

Invesco Global Growth Fund

Invesco Select Opportunities Fund

 

Net Assets

    Annual Rate  

First $250 million

      0.80 % 

Next $250 million

      0.78 % 

Next $500 million

      0.76 % 

Next $1.5 billion

      0.74 % 

Next $2.5 billion

      0.72 % 

Next $2.5 billion

      0.70 % 

Next $2.5 billion

      0.68 % 

Over $ 10 billion

      0.66 % 

Invesco MSCI World SRI Index Fund

 

Net Assets

    Annual Rate  

First $25 million

      0.65 % 

Over $25 million

      0.60 % 

Invesco International Core Equity Fund

 

Net Assets

    Annual Rate  

First $500 million

      0.75 % 

Next $500 million

      0.65 % 

From $1 billion

      0.55 % 

From $2 billion

      0.45 % 

From $4 billion

      0.40 % 

From $6 billion

      0.375 % 

From $8 billion

      0.35 % 

Invesco Oppenheimer Global Focus Fund*

 

Net Assets

    Annual Rate  

First $500 million

      0.80 % 

Next $500 million

      0.75 % 

Over $1 billion

      0.72 % 

Invesco Oppenheimer Global Fund*

 

Net Assets

    Annual Rate  

First $250 million

      0.80 % 

Next $250 million

      0.77 % 

Next $500 million

      0.75 % 

Next $1 billion

      0.69 % 

Next $1.5 billion

      0.67 % 

Next $2.5 billion

      0.65 % 

Next $2.5 billion

      0.63 % 

Next $2.5 billion

      0.60 % 

Next $4 billion

      0.58 % 

Next $8 billion

      0.56 % 

Over $ 23 billion

      0.54 % 

Invesco Oppenheimer Global Opportunities Fund*

 

Net Assets

    Annual Rate  

First $250 million

      0.80 % 

Next $ 250 million

      0.77 % 

Next $ 500 million

      0.75 % 

Next $ 1 billion

      0.69 % 

Next $ 1.5 billion

      0.67 % 

Next $ 2.5 billion

      0.65 % 

Next $ 4 billion

      0.63 % 

Over $10 billion

      0.61 % 

Invesco Oppenheimer International Equity Fund*

 

Net Assets

    Annual Rate  

First $500 million

      0.85 % 

Next $500 million

      0.75 % 

Next $1 billion

      0.70 % 

Next $3 billion

      0.67 % 

Over $ 5 billion

      0.65 % 

 

*

The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.

Invesco Oppenheimer International Growth Fund*

 

Net Assets

    Annual Rate  

First $250 million

      0.80 % 

Next $ 250 million

      0.77 % 

Next $ 500 million

      0.75 % 

Next $ 1 billion

      0.69 % 

Next $ 3 billion

      0.67 % 

Next $ 5 billion

      0.65 % 

Next $ 10 billion

      0.63 % 

Next $ 10 billion

      0.61 % 

Over $30 billion

      0.59 % 

Invesco Oppenheimer International Small-Mid Company Fund*

 

Net Assets

    Annual Rate  

First $500 million

      1.00 % 

Next $ 500 million

      0.95 % 

Next $ 4 billion

      0.92 % 

Next $ 5 billion

      0.90 % 

Next $ 10 billion

      0.88 % 

Over $20 billion

      0.87 % 

 

  2.

In all other respects, the Agreement is hereby confirmed and remains in full force and effect.

 

*

The advisory fee payable by the Fund shall be reduced by any amounts paid by such Fund under the Administrative Services Agreement between such Fund and Invesco Advisers, Inc.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.

 

AIM INTERNATIONAL MUTUAL FUNDS

(INVESCO INTERNATIONAL MUTUAL FUNDS)

By:  

/s/ Jeffrey H. Kupor

  Jeffrey H. Kupor
  Chief Legal Officer, Senior Vice
  President & Secretary
INVESCO ADVISERS, INC.
By:  

/s/ Jeffrey H. Kupor

  Jeffrey H. Kupor
  Senior Vice President & Secretary