AMENDMENT NO. 6
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of May 23, 2011, amends the Master Investment
Advisory Agreement (the "Agreement"), dated November 25, 2003, between AIM
Sector Funds (Invesco Sector 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 desire to amend the Agreement to (i) reduce permanently the
advisory fee payable by Invesco Xxx Xxxxxx American Value Fund and Invesco Xxx
Xxxxxx Value Opportunities Fund, effective May 23, 2011; and (ii) remove the
following series portfolios: Invesco Financial Services Fund, Invesco Mid-Cap
Value Fund, Invesco Small Mid-Special Value Fund, Invesco Special Value Fund,
Invesco Technology Sector Fund, Invesco U.S. Small Cap Value Fund, Invesco U.S.
Small/Mid Cap Value Fund, Invesco Value Fund, Invesco Value II Fund, Invesco Xxx
Xxxxxx Capital Growth Fund, Invesco Xxx Xxxxxx Enterprise Fund, Invesco Xxx
Xxxxxx Technology Fund and Invesco Xxx Xxxxxx Utility 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 Energy Fund November 25, 2003
Invesco Gold & Precious Metals Fund November 25, 2003
Invesco Leisure Fund November 25, 2003
Invesco Technology Fund November 25, 2003
Invesco Utilities Fund November 25, 2003
Invesco Technology Sector Fund February 12, 2010
Invesco U.S. Mid Cap Value Fund February 12, 2010
Invesco Value Fund February 12, 2010
Invesco Xxx Xxxxxx American Value Fund February 12, 2010
Invesco Xxx Xxxxxx Xxxxxxxx Fund February 12, 2010
Invesco Xxx Xxxxxx Mid Cap Growth Fund February 12, 2010
Invesco Xxx Xxxxxx Small Cap Value Fund February 12, 2010
Invesco Xxx Xxxxxx Value Opportunities Fund February 12, 0000
XXXXXXXX X
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 ENERGY FUND
INVESCO GOLD & PRECIOUS METALS FUND
INVESCO LEISURE FUND
INVESCO TECHNOLOGY FUND
INVESCO UTILITIES FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $350 million.......................................................0.75%
Next $350 million........................................................0.65%
Next $1.3 billion........................................................0.55%
Next $2 billion..........................................................0.45%
Next $2 billion..........................................................0.40%
Next $2 billion.........................................................0.375%
Over $8 billion..........................................................0.35%
INVESCO XXX XXXXXX SMALL CAP VALUE FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million.......................................................0.67%
Next $500 million.......................................................0.645%
Over $1 billion..........................................................0.62%
INVESCO TECHNOLOGY SECTOR FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million.......................................................0.67%
Next $2.5 billion.......................................................0.645%
Over $3 billion..........................................................0.62%
INVESCO U.S. MID CAP VALUE FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion.........................................................0.72%
Over $1 billion..........................................................0.65%
3
INVESCO VALUE FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion.........................................................0.42%
Next $1 billion..........................................................0.37%
Next $1 billion..........................................................0.32%
Over $3 billion..........................................................0.27%
INVESCO XXX XXXXXX AMERICAN VALUE FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million.......................................................0.72%
Next $535 million.......................................................0.715%
Next $31.965 billion.....................................................0.65%
Over $33 billion.........................................................0.64%
INVESCO XXX XXXXXX XXXXXXXX FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion.........................................................0.50%
Next $1 billion..........................................................0.45%
Next $1 billion..........................................................0.40%
Over $3 billion..........................................................0.35%
INVESCO XXX XXXXXX MID CAP GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million.......................................................0.75%
Next $500 million........................................................0.70%
Over $1 billion..........................................................0.65%
INVESCO XXX XXXXXX VALUE OPPORTUNITIES 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%"
2. In all other respects, the Agreement is hereby confirmed and remains
in full force and effect.
4
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
by their respective officers on the date first written above.
AIM SECTOR FUNDS
(INVESCO SECTOR FUNDS)
Attest: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxx X. Xxxx
--------------------------- -------------------------------
Assistant Secretary Xxxx X. Xxxx
Senior Vice President
(SEAL)
INVESCO ADVISERS, INC.
Attest: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxx X. Xxxx
--------------------------- -------------------------------
Assistant Secretary Xxxx X. Xxxx
Senior Vice President
(SEAL)
5
