SUB-ITEM 77Q1 (E)
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 X.X. Xxxxxxx Xxxx Xxxxx 00, 0000
Xxxxxxx 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 Xxx Xxxxxx V.I. Capital Growth Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Xxxxxxxx Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Equity and Income Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Global Tactical Asset
Allocation Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Global Value Equity Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Government Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Growth and Income Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. High Yield Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. International Growth
Equity Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Mid Cap Growth Fund February 12, 2010
Invesco Xxx Xxxxxx V.I. Mid Cap Value Fund February 12, 2010
Invesco Xxx Xxxxxx 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 XXX XXXXXX 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 XXX XXXXXX 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 XXX XXXXXX 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 XXX XXXXXX V.I. XXXXXXXX FUND
INVESCO XXX XXXXXX V.I. GROWTH AND INCOME FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million................................................ 0.60%
Over $500 million................................................. 0.55%
INVESCO XXX XXXXXX 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 XXX XXXXXX 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 XXX XXXXXX V.I. GOVERNMENT FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million................................................ 0.50%
Next $500 million................................................. 0.45%
Over $1 billion................................................... 0.40%
INVESCO XXX XXXXXX V.I. INTERNATIONAL GROWTH EQUITY FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion.................................................. 0.75%
Over $1 billion................................................... 0.70%
INVESCO XXX XXXXXX 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 XXX XXXXXX V.I. MID CAP VALUE FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion.................................................. 0.72%
Over $1 billion................................................... 0.65%
8
INVESCO XXX XXXXXX 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: By: /s/ Xxxx X. Xxxx
------------------------------ Xxxx X. Xxxx
Assistant Secretary Senior Vice President
(SEAL)
INVESCO ADVISERS, INC.
Attest: By: /s/ Xxxx X. Xxxx
----------------------------- Xxxx X. Xxxx
Assistant Secretary Senior Vice President
(SEAL)
9
