SUB-ITEM 77M
MERGERS
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
INVESCO XXX XXXXXX V.I. GLOBAL TACTICAL ASSET ALLOCATION FUND TO INVESCO V.I.
BALANCED-RISK ALLOCATION FUND
On December 1, 2010 and January 20, 2011, the Board of Trustees of AIM
Variable Insurance Funds (Invesco Variable Insurance Funds) ("AVIF") approved an
Agreement and Plan of Reorganization (the "Agreement"). On April 1, 2011, at a
Joint Special Meeting for shareholders of Invesco Xxx Xxxxxx V.I. Global
Tactical Asset Allocation Fund (the "Target Fund"), shareholders approved the
Agreement that provided for the combination of the Target Fund with Invesco V.I.
Balanced-Risk Allocation Fund, (the "Acquiring Fund"), an investment portfolio
of AVIF (the "Reorganization"). Pursuant to the Agreement, on May 2, 2011, all
of the assets of the Target Fund were transferred to the Acquiring Fund. The
Acquiring Fund assumed all of the liabilities of the Target Fund, and AVIF
issued Series I shares of the Acquiring Fund to the Target Fund's Series I
shareholders and Series II shares of the Acquiring Fund to the Target Fund's
Series II shareholders. The total value of the Acquiring Fund shares of each
class that shareholders received in the Reorganization was the same as the total
value of shares of the corresponding class of the Target Fund that shareholders
held immediately prior to the Reorganization. No sales charges or redemption
fees will be imposed in connection with the Reorganization.
INVESCO V.I. GLOBAL MULTI-ASSET FUND TO INVESCO V.I. BALANCED-RISK ALLOCATION
FUND
On December 1, 2010 and January 20, 2011, the Board of Trustees of AIM
Variable Insurance Funds (Invesco Variable Insurance Funds) ("AVIF") approved an
Agreement and Plan of Reorganization (the "Agreement"). On April 1, 2011, at a
Joint Special Meeting for shareholders of Invesco V.I. Global Multi-Asset Fund
(the "Target Fund"), shareholders approved the Agreement that provided for the
combination of the Target Fund with Invesco V.I. Balanced-Risk Allocation Fund,
(the "Acquiring Fund"), an investment portfolio of AVIF (the "Reorganization").
Pursuant to the Agreement, on May 2, 2011, all of the assets of the Target Fund
were transferred to the Acquiring Fund. The Acquiring Fund assumed all of the
liabilities of the Target Fund, and AVIF issued Series I shares of the Acquiring
Fund to the Target Fund's Series I shareholders and Series II shares of the
Acquiring Fund to the Target Fund's Series II shareholders. The total value of
the Acquiring Fund shares of each class that shareholders received in the
Reorganization was the same as the total value of shares of the corresponding
class of the Target Fund that shareholders held immediately prior to the
Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganization.
INVESCO V.I. BASIC BALANCED FUND TO INVESCO XXX XXXXXX V.I. EQUITY AND INCOME
FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco V.I. Basic Balanced Fund (the "Target Fund"),
shareholders approved the Agreement that provided for the combination of the
Target Fund with Invesco Xxx Xxxxxx V.I. Equity and Income Fund, (the "Acquiring
Fund"), an investment portfolio of AVIF (the "Reorganization"). Pursuant to the
Agreement, on May 2, 2011, all of the assets of the Target Fund were transferred
to the Acquiring Fund. The Acquiring Fund assumed all of the liabilities of the
Target Fund, and AVIF issued Series I shares of the Acquiring Fund to the Target
Fund's Series I shareholders and Series II shares of the Acquiring Fund to the
Target Fund's Series II shareholders. The total value of the Acquiring Fund
shares of each class that shareholders of the corresponding Target Fund received
in the Reorganization was the same as the total value of shares of the
corresponding class of the Target Fund that shareholders held immediately prior
to the Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganization.
SUB-ITEM 77M
INVESCO V.I. INCOME BUILDER FUND TO INVESCO XXX XXXXXX V.I. EQUITY AND INCOME
FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco V.I. Income Builder (the "Target Fund"),
shareholders approved the Agreement that provided for the combination of the
Target Fund with Invesco Xxx Xxxxxx V.I. Equity and Income Fund, (the "Acquiring
Fund"), an investment portfolio of AVIF (the "Reorganization"). Pursuant to the
Agreement, on May 2, 2011, all of the assets of the Target Fund were transferred
to the Acquiring Fund. The Acquiring Fund assumed all of the liabilities of the
Target Fund, and AVIF issued Series I shares of the Acquiring Fund to the Target
Fund's Series I shareholders and Series II shares of the Acquiring Fund to the
Target Fund's Series II shareholders. The total value of the Acquiring Fund
shares of each class that shareholders of the corresponding Target Fund received
in the Reorganization was the same as the total value of shares of the
corresponding class of the Target Fund that shareholders held immediately prior
to the Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganizations.
INVESCO V.I. SELECT DIMENSIONS BALANCED FUND TO INVESCO XXX XXXXXX V.I. EQUITY
AND INCOME FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco V.I. Select Dimensions Balanced Fund (the "Target
Fund"), shareholders approved the Agreement that provided for the combination of
the Target Fund with Invesco Xxx Xxxxxx V.I. Equity and Income Fund, (the
"Acquiring Fund"), an investment portfolio of AVIF (the "Reorganization").
Pursuant to the Agreement, on May 2, 2011, all of the assets of the Target Fund
were transferred to the Acquiring Fund. The Acquiring Fund assumed all of the
liabilities of the Target Fund, and AVIF issued Series I shares of the Acquiring
Fund to the Target Fund's Series I shareholders and Series II shares of the
Acquiring Fund to the Target Fund's Series II shareholders. The total value of
the Acquiring Fund shares of each class that shareholders of the corresponding
Target Fund received in the Reorganization was the same as the total value of
shares of the corresponding class of the Target Fund that shareholders held
immediately prior to the Reorganization. No sales charges or redemption fees
will be imposed in connection with the Reorganizations.
INVESCO XXX XXXXXX V.I. GOVERNMENT FUND TO INVESCO V.I. GOVERNMENT SECURITIES
FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco Xxx Xxxxxx V.I. Government Fund (the "Target Fund"),
shareholders approved the Agreement that provided for the combination of the
Target Fund with Invesco V.I. Government Securities Fund, (the "Acquiring
Fund"), an investment portfolio of AVIF (the "Reorganization"). Pursuant to the
Agreement, on May 2, 2011, all of the assets of the Target Fund were transferred
to the Acquiring Fund. The Acquiring Fund assumed all of the liabilities of the
Target Fund, and AVIF issued Series I shares of the Acquiring Fund to the Target
Fund's Series I shareholders and Series II shares of the Acquiring Fund to the
Target Fund's Series II shareholders. The total value of the Acquiring Fund
shares of each class that shareholders of the corresponding Target Fund received
in the Reorganization was the same as the total value of shares of the
corresponding class of the Target Fund that shareholders held immediately prior
to the Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganizations.
SUB-ITEM 77M
INVESCO XXX XXXXXX V.I. HIGH YIELD FUND TO INVESCO V.I. HIGH YIELD FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco Xxx Xxxxxx V.I. High Yield Fund (the "Target Fund"),
shareholders approved the Agreement that provided for the combination of the
Target Fund with Invesco V.I. High Yield Fund, (the "Acquiring Fund"), an
investment portfolio of AVIF (the "Reorganization"). Pursuant to the Agreement,
on May 2, 2011, all of the assets of the Target Fund were transferred to the
Acquiring Fund. The Acquiring Fund assumed all of the liabilities of the Target
Fund, and AVIF issued Series I shares of the Acquiring Fund to the Target Fund's
Series I shareholders and Series II shares of the Acquiring Fund to the Target
Fund's Series II shareholders. The total value of the Acquiring Fund shares of
each class that shareholders of the corresponding Target Fund received in the
Reorganization was the same as the total value of shares of the corresponding
class of the Target Fund that shareholders held immediately prior to the
Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganizations.
INVESCO XXX XXXXXX V.I. VALUE FUND TO INVESCO XXX XXXXXX V.I. XXXXXXXX FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco Xxx Xxxxxx V.I. Value Fund (the "Target Fund"),
shareholders approved the Agreement that provided for the combination of the
Target Fund with Invesco Xxx Xxxxxx V.I. Xxxxxxxx Fund, (the "Acquiring Fund"),
an investment portfolio of AVIF (the "Reorganization"). Pursuant to the
Agreement, on May 2, 2011, all of the assets of the Target Fund were transferred
to the Acquiring Fund. The Acquiring Fund assumed all of the liabilities of the
Target Fund, and AVIF issued Series I shares of the Acquiring Fund to the Target
Fund's Series I shareholders and Series II shares of the Acquiring Fund to the
Target Fund's Series II shareholders. The total value of the Acquiring Fund
shares of each class that shareholders of the corresponding Target Fund received
in the Reorganization was the same as the total value of shares of the
corresponding class of the Target Fund that shareholders held immediately prior
to the Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganizations.
INVESCO XXX XXXXXX V.I. INTERNATIONAL GROWTH EQUITY FUND TO INVESCO V.I.
INTERNATIONAL GROWTH FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco Xxx Xxxxxx V.I. International Growth Equity Fund
(the "Target Fund"), shareholders approved the Agreement that provided for the
combination of the Target Fund with Invesco V.I. International Growth Fund, (the
"Acquiring Fund"), an investment portfolio of AVIF (the "Reorganization").
Pursuant to the Agreement, on May 2, 2011, all of the assets of the Target Fund
were transferred to the Acquiring Fund. The Acquiring Fund assumed all of the
liabilities of the Target Fund, and AVIF issued Series I shares of the Acquiring
Fund to the Target Fund's Series I shareholders and Series II shares of the
Acquiring Fund to the Target Fund's Series II shareholders. The total value of
the Acquiring Fund shares of each class that shareholders of the corresponding
Target Fund received in the Reorganization was the same as the total value of
shares of the corresponding class of the Target Fund that shareholders held
immediately prior to the Reorganization. No sales charges or redemption fees
will be imposed in connection with the Reorganizations.
INVESCO V.I. DYNAMICS FUND TO INVESCO V.I. CAPITAL DEVELOPMENT FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco V.I. Dynamics Fund (the "Target Fund"), shareholders
approved the Agreement that provided for the combination of the Target Fund with
SUB-ITEM 77M
Invesco V.I. Capital Development Fund, (the "Acquiring Fund"), an investment
portfolio of AVIF (the "Reorganization"). Pursuant to the Agreement, on May 2,
2011, all of the assets of the Target Fund were transferred to the Acquiring
Fund. The Acquiring Fund assumed all of the liabilities of the Target Fund, and
AVIF issued Series I shares of the Acquiring Fund to the Target Fund's Series I
shareholders and Series II shares of the Acquiring Fund to the Target Fund's
Series II shareholders. The total value of the Acquiring Fund shares of each
class that shareholders of the corresponding Target Fund received in the
Reorganization was the same as the total value of shares of the corresponding
class of the Target Fund that shareholders held immediately prior to the
Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganizations.
INVESCO V.I. LARGE CAP GROWTH FUND TO INVESCO XXX XXXXXX V.I. CAPITAL GROWTH
FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco V.I. Large Cap Growth Fund (the "Target Fund"),
shareholders approved the Agreement that provided for the combination of the
Target Fund with Invesco Xxx Xxxxxx V.I. Capital Growth Fund, (the "Acquiring
Fund"), an investment portfolio of AVIF (the "Reorganization"). Pursuant to the
Agreement, on May 2, 2011, all of the assets of the Target Fund were transferred
to the Acquiring Fund. The Acquiring Fund assumed all of the liabilities of the
Target Fund, and AVIF issued Series I shares of the Acquiring Fund to the Target
Fund's Series I shareholders and Series II shares of the Acquiring Fund to the
Target Fund's Series II shareholders. The total value of the Acquiring Fund
shares of each class that shareholders of the corresponding Target Fund received
in the Reorganization was the same as the total value of shares of the
corresponding class of the Target Fund that shareholders held immediately prior
to the Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganizations.
INVESCO V.I. FINANCIAL SERVICES FUND TO INVESCO V.I. DIVIDEND GROWTH FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) (formerly known as AIM Variable Insurance
Funds) ("AVIF") approved an Agreement and Plan of Reorganization (the
"Agreement"). On April 1, 2011, at a Joint Special Meeting for shareholders of
Invesco V.I. Financial Services Fund (the "Target Fund"), shareholders approved
the Agreement that provided for the combination of the Target Fund with Invesco
V.I. Dividend Growth Fund, (the "Acquiring Fund"), an investment portfolio of
AVIF (the "Reorganization"). Pursuant to the Agreement, on May 2, 2011, all of
the assets of the Target Fund were transferred to the Acquiring Fund. The
Acquiring Fund assumed all of the liabilities of the Target Fund, and AVIF
issued Series I shares of the Acquiring Fund to the Target Fund's Series I
shareholders and Series II shares of the Acquiring Fund to the Target Fund's
Series II shareholders. The total value of the Acquiring Fund shares of each
class that shareholders of the corresponding Target Fund received in the
Reorganization was the same as the total value of shares of the corresponding
class of the Target Fund that shareholders held immediately prior to the
Reorganization. No sales charges or redemption fees will be imposed in
connection with the Reorganizations.
INVESCO V.I. SELECT DIMENSIONS DIVIDEND GROWTH FUND TO INVESCO V.I. DIVIDEND
GROWTH FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco V.I. Select Dimensions Dividend Growth Fund (the
"Target Fund"), shareholders approved the Agreement that provided for the
combination of the Target Fund with Invesco V.I. Dividend Growth Fund, (the
"Acquiring Fund"), an investment portfolio of AVIF (the "Reorganization").
Pursuant to the Agreement, on May 2, 2011, all of the assets of the Target Fund
were transferred to the Acquiring Fund. The Acquiring Fund assumed all of the
liabilities of the Target Fund, and AVIF issued Series I shares of the Acquiring
Fund to the Target Fund's Series I shareholders and Series II shares of the
Acquiring Fund to the Target Fund's Series II shareholders. The total value of
the Acquiring Fund shares of each class that shareholders of the corresponding
Target Fund received in the Reorganization was the same as the total value of
shares of
SUB-ITEM 77M
the corresponding class of the Target Fund that shareholders held immediately
prior to the Reorganization. No sales charges or redemption fees will be imposed
in connection with the Reorganizations.
INVESCO V.I. GLOBAL DIVIDEND GROWTH FUND TO INVESCO XXX XXXXXX V.I. GLOBAL VALUE
EQUITY FUND
On October 27, 2010, the Board of Trustees of AIM Variable Insurance Funds
(Invesco Variable Insurance Funds) ("AVIF") approved an Agreement and Plan of
Reorganization (the "Agreement"). On April 1, 2011, at a Joint Special Meeting
for shareholders of Invesco V.I. Global Dividend Growth Fund (the "Target Fund
"), shareholders approved the Agreement that provided for the combination of the
Target Fund with Invesco Xxx Xxxxxx V.I. Global Value Equity Fund, (the
"Acquiring Fund"), an investment portfolio of AVIF (the "Reorganization").
Pursuant to the Agreement, on May 2, 2011, all of the assets of the Target Fund
were transferred to the Acquiring Fund. The Acquiring Fund assumed all of the
liabilities of the Target Fund, and AVIF issued Series I shares of the Acquiring
Fund to the Target Fund's Series I shareholders and Series II shares of the
Acquiring Fund to the Target Fund's Series II shareholders. The total value of
the Acquiring Fund shares of each class that shareholders of the corresponding
Target Fund received in the Reorganization was the same as the total value of
shares of the corresponding class of the Target Fund that shareholders held
immediately prior to the Reorganization. No sales charges or redemption fees
will be imposed in connection with the Reorganizations.
FOR A MORE DETAILED DISCUSSION ON THE REORGANIZATION, PLEASE SEE THE AGREEMENT
AND PLAN OF REORGANIZATION FILED HEREIN UNDER ITEM 77Q1(G).
