Invesco Trimark streamlines shelf

Invesco Trimark has announced it will streamline its fund lineup, resulting in 10 fund mergers, a handful of name changes and series re-designations, and the termination of Series T4, T6 and T8 of Invesco Canadian Equity Private Pool

“We have proposed these improvements to our fund lineup with the best interests of investors in mind,” said Peter Intraligi, president and COO, Invesco Trimark. “If approved, the improvements will simplify our product offering and benefit investors over the long term.”

The company has proposed the merger of eight of its Invesco and Trimark Private Pools into new series of existing Invesco Trimark mutual funds that are patterned portfolios of the Private Pools. These Private Pools were designed to provide affluent investors with a reduced fee structure and tax-deferred switching within the corporate structure.

As a result of the fund mergers, Invesco Trimark says investors will benefit from reduced overall fund administration expenses, including trading expenses, which may lead to a reduction in the MER.

Affluent investors will continue to receive the same reduced fee structure in Series P as well as the continued tax-efficient benefits of the corporate structure.

Under the proposal, the following fund mergers would take place:

Non-continuing Fund	Non-continuing Fund, existing series held by shareholders	Continuing Fund	Continuing Fund, series held by shareholders after merger
Invesco EAFE Equity Growth Private Pool	A, F	Invesco International Growth Class	P, PF respectively
Trimark Global Mid-Cap Equity Private Pool	A, F	Trimark Global Endeavour Class	P, PF respectively
Trimark U.S. Equity Private Pool	A, F	Trimark U.S. Companies Class	P, PF respectively
Trimark Global Equity Private Pool	A, F, T4, T6, T8	Trimark Select Growth Class^{1, 2}	P, PF, T4, T6, T8 respectively
Trimark World Balanced Private Pool	A, F, T4, T6, T8	Trimark Global Balanced Class¹	P, PF, T4, T6, T8 respectively
Trimark U.S. Equity Private Pool – Currency Neutral	A, F	Trimark U.S. Companies Class	PH, FH respectively
Trimark Global Equity Private Pool – Currency Neutral	A, F	Trimark Select Growth Class²	PH, FH respectively
Trimark World Balanced Private Pool – Currency Neutral	A, F	Trimark Global Balanced Class	PH, FH respectively
¹ The merger of Series T4, T6 and T8 shares of the Non-continuing Funds into Series T4, T6 and T8 of the Continuing Funds is subject to approval of Series T4, T6 and T8 shareholders of the Continuing Funds at the July 25, 2011 Special Meetings of Shareholders.
² On or around July 29, 2011, Trimark Select Growth Class will be renamed Trimark Global Fundamental Equity Class.

The firm has also proposed the merger of Invesco Core Global Equity Class into Invesco Intactive Maximum Growth Portfolio Class, and Trimark Global Health Sciences Class into Trimark U.S. Companies Class. Shareholders will be asked to vote at special meetings to be held concurrently on July 25, 2011 in Toronto.

Fund and series name changes The name and series of each of the following funds will change to their respective new name and series as indicated in the table below, effective on or about July 22, 2011:

Current name	Current series	New name	New series
Trimark Canadian Bond Private Pool	A, F, F4, T4	Trimark Canadian Bond Class	P, PF, PF4, PT4 respectively
Invesco Canadian Equity Growth Private Pool	A, F	Invesco Canadian Equity Growth Class	P, PF respectively
Trimark Monthly Income Private Pool	A, F, F6, T4, T6, T8	Trimark Diversified Yield Class	P, PF, PF6, PT4, PT6, PT8 respectively
Invesco Canadian Equity Private Pool	A, F	Invesco Select Canadian Equity Class	P, PF respectively
Trimark EAFE Equity Private Pool	A, F	Trimark International Companies Class	P, PF respectively

Series T4, T6 and T8 of Invesco Canadian Equity Private Pool will terminate effective on or about July 22, 2011 and shareholders will receive 60 days’ notice of these terminations.

Subject to any required shareholder or regulatory approval, the mergers are expected to take effect after the close of business on or about July 29, 2011. All other changes will take effect after the close of business on or about July 22, 2011.

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