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
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 |
Name of Fund | Effective Date of Advisory Agreement | |
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, 2010 |
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APPENDIX B
COMPENSATION TO THE ADVISOR
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
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 | % |
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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. |
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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)
(INVESCO SECTOR FUNDS)
Attest:
|
/s/ Xxxxx X. Xxxxxxxx
|
By: | /s/ Xxxx X. Xxxx
|
|||||||
Senior Vice President |
(SEAL)
INVESCO ADVISERS, INC.
Attest:
|
/s/ Xxxxx X. Xxxxxxxx
|
By: | /s/ Xxxx X. Xxxx
Senior Vice President |
(SEAL)
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