EX-99.D.1.V 5 h76383aexv99wdw1wv.htm EX-99.D.1.V exv99wdw1wv
AMENDMENT NO. 21
TO
MASTER INVESTMENT ADVISORY AGREEMENT
     This amendment dated as of April 30, 2010, amends the Master Investment Advisory Agreement (the “Agreement”), dated May 1, 2000, between AIM Variable Insurance Funds, a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.
WITNESSETH:
     WHEREAS, AIM Variable Insurance Funds is now named AIM Variable Insurance Funds (Invesco Variable Insurance Funds); and
     WHEREAS, the following Funds have been renamed:
     
CURRENT NAME
  NEW NAME
AIM V.I. Basic Balanced Fund
  Invesco V.I. Basic Balanced Fund
AIM V.I. Basic Value Fund
  Invesco V.I. Basic Value Fund
AIM V.I. Capital Appreciation Fund
  Invesco V.I. Capital Appreciation Fund
AIM V.I. Capital Development Fund
  Invesco V.I. Capital Development Fund
AIM V.I. Core Equity Fund
  Invesco V.I. Core Equity Fund
AIM V.I. Diversified Income Fund
  Invesco V.I. Diversified Income Fund
AIM V.I. Dynamics Fund
  Invesco V.I. Dynamics Fund
AIM V.I. Financial Services Fund
  Invesco V.I. Financial Services Fund
AIM V.I. Global Health Care Fund
  Invesco V.I. Global Health Care Fund
AIM V.I. PowerShares ETF Allocation Fund
  Invesco V.I. Global Multi-Asset Fund
AIM V.I. Global Real Estate Fund
  Invesco V.I. Global Real Estate Fund
AIM V.I. Government Securities Fund
  Invesco V.I. Government Securities Fund
AIM V.I. High Yield Fund
  Invesco V.I. High Yield Fund
AIM V.I. International Growth Fund
  Invesco V.I. International Growth Fund
AIM V.I. Large Cap Growth Fund
  Invesco V.I. Large Cap Growth Fund
AIM V.I. Leisure Fund
  Invesco V.I. Leisure Fund
AIM V.I. Mid Cap Core Equity Fund
  Invesco V.I. Mid Cap Core Equity Fund
AIM V.I. Money Market Fund
  Invesco V.I. Money Market Fund
AIM V.I. Small Cap Equity Fund
  Invesco V.I. Small Cap Equity Fund
AIM V.I. Technology Fund
  Invesco V.I. Technology Fund
AIM V.I. Utilities Fund
  Invesco V.I. Utilities Fund
     NOW, THEREFORE, the parties agree that:
  1.   All references to AIM Variable Insurance Fund in the Agreement are deleted and hereby replaced with AIM Variable Insurance Funds (Invesco Variable Insurance Funds).
 
  2.   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
     
    Effective Date of
Name of Fund   Advisory Agreement
Invesco V.I. Basic Balanced Fund
  May 1, 2000
Invesco V.I. Basic Value Fund
  September 10, 2001
Invesco V.I. Capital Appreciation Fund
  May 1, 2000
Invesco V.I. Capital Development Fund
  May 1, 2000
Invesco V.I. Core Equity Fund
  May 1, 2000
Invesco V.I. Diversified Income Fund
  May 1, 2000
Invesco V.I. Dynamics Fund
  April 30, 2004
Invesco V.I. Financial Services Fund
  April 30, 2004
Invesco V.I. Global Health Care Fund
  April 30, 2004
Invesco V.I. Global Multi-Asset Fund
  October 22, 2008
Invesco V.I. Global Real Estate Fund
  April 30, 2004
Invesco V.I. Government Securities Fund
  May 1, 2000
Invesco V.I. High Yield Fund
  May 1, 2000
Invesco V.I. International Growth Fund
  May 1, 2000
Invesco V.I. Large Cap Growth Fund
  September 1, 2003
Invesco V.I. Leisure Fund
  April 30, 2004
Invesco V.I. Mid Cap Core Equity Fund
  September 10, 2001
Invesco V.I. Money Market Fund
  May 1, 2000
Invesco V.I. Small Cap Equity Fund
  September 1, 2003
Invesco V.I. Technology Fund
  April 30, 2004
Invesco V.I. Utilities Fund
  April 30, 2004
Invesco V.I. Dividend Growth Fund
  February 12, 2010
Invesco V.I. Global Dividend Growth Fund
  February 12, 2010
Invesco V.I. High Yield Securities Fund
  February 12, 2010
Invesco V.I. Income Builder Fund
  February 12, 2010
Invesco V.I. S&P 500 Index Fund
  February 12, 2010
Invesco V.I. Select Dimensions Balanced Fund
  February 12, 2010
Invesco V.I. Select Dimensions Dividend Growth Fund
  February 12, 2010
Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund
  February 12, 2010
Invesco Van Kampen V.I. Capital Growth Fund
  February 12, 2010
Invesco Van Kampen V.I. Comstock Fund
  February 12, 2010
Invesco Van Kampen V.I. Equity and Income Fund
  February 12, 2010
Invesco Van Kampen V.I. Global Tactical Asset Allocation Fund
  February 12, 2010
Invesco Van Kampen V.I. Global Value Equity Fund
  February 12, 2010
Invesco Van Kampen V.I. Government Fund
  February 12, 2010
Invesco Van Kampen V.I. Growth and Income Fund
  February 12, 2010
Invesco Van Kampen V.I. High Yield Fund
  February 12, 2010
Invesco Van Kampen V.I. International Growth Equity Fund
  February 12, 2010
Invesco Van Kampen V.I. Mid Cap Growth Fund
  February 12, 2010
Invesco Van Kampen V.I. Mid Cap Value Fund
  February 12, 2010
Invesco Van Kampen V.I. Value Fund
  February 12, 2010

2

 

APPENDIX B
COMPENSATION TO THE ADVISOR
     The Trust shall pay the Adviser, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund.
Invesco V.I. Basic Balanced Fund
         
Net Assets   Annual Rate
 
        
First $150 million
     0.75 %
Over $150 million
     0.50 %
Invesco V.I. Basic Value Fund
Invesco V.I. Large Cap Growth Fund
         
Net Assets   Annual Rate
 
        
First $250 million
     0.695 %
Next $250 million
     0.67 %
Next $500 million
     0.645 %
Next $1.5 billion
     0.62 %
Next $2.5 billion
     0.595 %
Next $2.5 billion
     0.57 %
Next $2.5 billion
     0.545 %
Over $10 billion
     0.52 %
Invesco V.I. Capital Appreciation Fund
Invesco V.I. Core Equity Fund
         
Net Assets   Annual Rate
 
        
First $250 million
    0.65 %
Over $250 million
    0.60 %
Invesco V.I. Capital Development Fund
         
Net Assets   Annual Rate
 
        
First $350 million
    0.75 %
Over $350 million
    0.625 %

3

 

Invesco V.I. Diversified Income Fund
         
Net Assets   Annual Rate
 
        
First $250 million
    0.60 %
Over $250 million
    0.55 %
Invesco V.I. Dynamics Fund
Invesco V.I. Small Cap Equity Fund
         
Net Assets   Annual Rate
 
        
First $250 million
    0.745 %
Next $250 million
    0.73 %
Next $500 million
    0.715 %
Next $1.5 billion
    0.70 %
Next $2.5 billion
    0.685 %
Next $2.5 billion
    0.67 %
Next $2.5 billion
    0.655 %
Over $10 billion
    0.64 %
Invesco V.I. Financial Services Fund
Invesco V.I. Global Health Care Fund
Invesco V.I. Global Real Estate Fund
Invesco V.I. Leisure Fund
Invesco V.I. Technology Fund
         
Net Assets   Annual Rate
 
        
First $250 million
    0.75 %
Next $250 million
    0.74 %
Next $500 million
    0.73 %
Next $1.5 billion
    0.72 %
Next $2.5 billion
    0.71 %
Next $2.5 billion
    0.70 %
Next $2.5 billion
    0.69 %
Over $10 billion
    0.68 %

4

 

Invesco V.I. Government Securities Fund
         
Net Assets   Annual Rate
 
        
First $250 million
    0.50 %
Over $250 million
    0.45 %
Invesco V.I. High Yield Fund
         
Net Assets   Annual Rate
First $200 million
    0.625 %
Next $300 million
    0.55 %
Next $500 million
    0.50 %
Over $1 billion
    0.45 %
Invesco V.I. International Growth Fund
         
Net Assets   Annual Rate
First $250 million
    0.75 %
Over $250 million
    0.70 %
Invesco V.I. Mid Cap Core Equity Fund
         
Net Assets   Annual Rate
First $500 million
    0.725 %
Next $500 million
    0.700 %
Next $500 million
    0.675 %
Over $1.5 billion
    0.65 %
Invesco V.I. Money Market Fund
         
Net Assets   Annual Rate
First $250 million
    0.40 %
Over $250 million
    0.35 %
Invesco V.I. Global Multi-Asset Fund
         
Net Assets   Annual Rate
First $250 million
    0.67 %
Next $250 million
    0.655 %
Next $500 million
    0.64 %
Next $1.5 billion
    0.625 %
Next $2.5 billion
    0.61 %
Next $2.5 billion
    0.595 %
Next $2.5 billion
    0.58 %
Over $10 billion
    0.565 %

5

 

Invesco V.I. Utilities Fund
         
Net Assets   Annual Rate
 
        
All Assets
    0.60 %
Invesco V.I. Dividend Growth Fund
Invesco V.I. Select Dimensions Dividend Growth Fund
         
Net Assets   Annual Rate
First $250 million
    0.545 %
Over $750 million
    0.42 %
Next $1 billion
    0.395 %
Over $2 billion
    0.37 %

6

 

Invesco V.I. Global Dividend Growth Fund
Invesco Van Kampen V.I. Global Value Equity Fund
         
Net Assets   Annual Rate
First $1 billion
    0.67 %
Next $500 million
    0.645 %
Next $1 billion
    0.62 %
Next $1 billion
    0.595 %
Next $1 billion
    0.57 %
Over $4.5 billion
    0.545 %
Invesco V.I. High Yield Securities Fund
Invesco Van Kampen V.I. High Yield Fund
         
Net Assets   Annual Rate
First $500 million
    0.42 %
Next $250 million
    0.345 %
Next $250 million
    0.295 %
Next $1 billion
    0.27 %
Next $1 billion
    0.245 %
Over $3 billion
    0.22 %
Invesco V.I. Income Builder Fund
         
Net Assets   Annual Rate
First $500 million
    0.67 %
Over $500 million
    0.645 %
Invesco V.I. S&P 500 Index Fund
Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund
         
Net Assets   Annual Rate
First $2 billion
    0.12 %
Over $2 billion
    0.10 %
Invesco V.I. Select Dimensions Balanced Fund
         
Net Assets   Annual Rate
First $500 million
    0.52 %
Over $500 million
    0.495 %
Invesco Van Kampen V.I. Capital Growth Fund
         
Net Assets   Annual Rate
First $500 million
    0.70 %
Next $500 million
    0.65 %
Over $1 billion
    0.60 %

7

 

Invesco Van Kampen V.I. Comstock Fund
Invesco Van Kampen V.I. Growth and Income Fund
         
Net Assets   Annual Rate
First $500 million
    0.60 %
Over $500 million
    0.55 %
Invesco Van Kampen V.I. Equity and Income Fund
         
Net Assets   Annual Rate
First $150 million
    0.50 %
Next $100 million
    0.45 %
Next $100 million
    0.40 %
Over $350 million
    0.35 %
Invesco Van Kampen V.I. Global Tactical Asset Allocation Fund
         
Net Assets   Annual Rate
First $750 million
    0.75 %
Next $750 million
    0.70 %
Over $1.5 billion
    0.65 %
Invesco Van Kampen V.I. Government Fund
         
Net Assets   Annual Rate
First $500 million
    0.50 %
Next $500 million
    0.45 %
Over $1 billion
    0.40 %
Invesco Van Kampen V.I. International Growth Equity Fund
         
Net Assets   Annual Rate
First $1 billion
    0.75 %
Over $1 billion
    0.70 %
Invesco Van Kampen V.I. Mid Cap Growth Fund
         
Net Assets   Annual Rate
First $500 million
    0.75 %
Next $500 million
    0.70 %
Over $1 billion
    0.65 %
Invesco Van Kampen V.I. Mid Cap Value Fund
         
Net Assets   Annual Rate
First $1 billion
    0.72 %
Over $1 billion
    0.65 %

8

 

Invesco Van Kampen V.I. Value Fund
         
Net Assets   Annual Rate
First $500 million
    0.55 %
Next $500 million
    0.50 %
Over $1 billion
    0.45 %”
     2. In all other respects, the Agreement is hereby confirmed and remains in full force and effect.
     IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers on the date first written above.
                     
 
          AIM VARIABLE INSURANCE FUNDS
(INVESCO VARIABLE INSURANCE FUNDS) 		   
 
                    
Attest:
  /s/ Stephen R. Rimes       By:   /s/ John M. Zerr    
 
                   
 
  Assistant Secretary           John M. Zerr
Senior Vice President		    

(SEAL)
                    
 
                    
 
          INVESCO ADVISERS, INC.    
 
                    
Attest:
  /s/ Stephen R. Rimes       By:   /s/ John M. Zerr    
 
                   
 
  Assistant Secretary           John M. Zerr
Senior Vice President		    

(SEAL)
                    

9