Invesco Announces Shareholder Approval for Reorganization of Five Allocation Funds
HOUSTON, April 1, 2011 /PRNewswire/ -- Invesco announced today that shareholders of each "Existing Fund" set forth below have approved an Agreement and Plan of Reorganization to merge into its corresponding "Acquiring Fund." The reorganizations of the five Existing Funds are expected to be completed by June 6, 2011.
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Existing Fund |
Acquiring Fund |
|
Invesco Conservative Allocation Fund |
Invesco Moderately Conservative Allocation Fund |
|
Invesco Moderate Growth Allocation Fund |
Invesco Growth Allocation Fund |
|
Invesco Van Kampen Asset Allocation Conservative Fund |
Invesco Moderately Conservative Allocation Fund |
|
Invesco Van Kampen Asset Allocation Growth Fund |
Invesco Growth Allocation Fund |
|
Invesco Van Kampen Asset Allocation Moderate Fund |
Invesco Moderate Allocation Fund |
|
Effective as of the opening of business May 9, 2011, the Existing Funds will be closed to new investors, including wrap programs. All investors who are invested in an Existing Fund as of the close of business on May 6, 2011, and remain invested in an Existing Fund may continue to make additional investments. Existing retirement plans may continue to add new participant accounts to an Existing Fund, but no new retirement plans will be considered.
About Invesco
Invesco is a leading independent global investment manager, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. Both are wholly owned, indirect subsidiaries of Invesco Ltd.
Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should ask their advisers for a prospectus/summary prospectus.
SOURCE Invesco
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