Sub-Item 77Q1(e)
AMENDMENT NO. 16
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of February 12, 2010, amends the Master Investment
Advisory Agreement (the "Agreement"), dated September 11, 2000, between AIM
Investment Funds, a Delaware statutory trust, and Invesco Advisers, Inc., a
Delaware corporation.
WITNESSETH:
WHEREAS, the parties desire to amend the Agreement to add the following
series portfolios - Invesco Alternative Opportunities Fund, Invesco Commodities
Strategy Fund, Invesco FX Alpha Plus Strategy Fund, Invesco FX Alpha Strategy
Fund, Invesco Global Advantage Fund, Invesco Global Dividend Growth Securities
Fund, Invesco Health Sciences Fund, Invesco International Growth Equity Fund,
Invesco Pacific Growth Fund, Invesco Xxx Xxxxxx Emerging Markets Fund, Invesco
Xxx Xxxxxx Global Bond Fund, Invesco Xxx Xxxxxx Global Equity Allocation Fund,
Invesco Xxx Xxxxxx Global Franchise Fund, Invesco Xxx Xxxxxx Global Tactical
Asset Allocation Fund, Invesco Xxx Xxxxxx International Advantage Fund and
Invesco Xxx Xxxxxx International Growth Fund;
NOW, THEREFORE, the parties agree as follows;
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
EFFECTIVE DATE OF
NAME OF FUND ADVISORY AGREEMENT
------------ ------------------
AIM Balanced-Risk Allocation Fund May 29, 2009
AIM China Fund March 31, 2006
AIM Developing Markets Fund September 1, 2001
AIM Global Health Care Fund September 1, 2001
AIM International Total Return Xxxx Xxxxx 00, 0000
XXX Xxxxx Fund March 31, 2006
AIM LIBOR Alpha Fund March 31, 2006
AIM Trimark Endeavor Fund November 3, 2003
AIM Trimark Fund November 3, 2003
AIM Trimark Small Companies Fund November 3, 2003
Invesco Alternative Opportunities
Fund February 12, 2010
Invesco Commodities Strategy Fund February 12, 2010
Invesco FX Alpha Plus Strategy Fund February 12, 2010
Invesco FX Alpha Strategy Fund February 12, 2010
Invesco Global Advantage Fund February 12, 2010
Invesco Global Dividend Growth
Securities Fund February 12, 2010
Invesco Health Sciences Fund February 12, 2010
Invesco International Growth Equity
Fund February 12, 2010
Invesco Pacific Growth Fund February 12, 2010
Invesco Xxx Xxxxxx Emerging Markets
Fund February 12, 2010
Invesco Xxx Xxxxxx Global Bond Fund February 12, 2010
Invesco Xxx Xxxxxx Global Equity
Allocation Fund February 12, 2010
Invesco Xxx Xxxxxx Global Franchise
Fund February 12, 2010
Invesco Xxx Xxxxxx Global Tactical
Asset Allocation Fund February 12, 2010
Invesco Xxx Xxxxxx International
Advantage Fund February 12, 2010
Invesco Xxx Xxxxxx International
Growth 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.
AIM BALANCED-RISK ALLOCATION FUND
NET ASSETS ANNUAL RATE*
---------- ------------
First $250 million........ 0.95%
Next $250 million......... 0.925%
Next $500 million......... 0.90%
Next $1.5 billion......... 0.875%
Next $2.5 billion......... 0.85%
Next $2.5 billion......... 0.825%
Next $2.5 billion......... 0.80%
Over $10 billion.......... 0.775%
* To the extent AIM Balanced-Risk Allocation Fund invests its assets in
Invesco Aim Cayman Commodity Fund I Ltd., a direct wholly-owned subsidiary
of AIM Balanced-Risk Allocation Fund, the Adviser shall not collect the
portion of the advisory fee that the Adviser would otherwise be entitled to
collect from AIM Balanced-Risk Allocation Fund, in an amount equal to 100%
of the advisory fee that the Adviser receives from Invesco Aim Cayman
Commodity Fund I Ltd.
AIM CHINA FUND
AIM DEVELOPING MARKETS FUND
AIM JAPAN FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $250 million........ 0.935%
Next $250 million......... 0.91%
Next $500 million......... 0.885%
Next $1.5 billion......... 0.86%
Next $2.5 billion......... 0.835%
Next $2.5 billion......... 0.81%
Next $2.5 billion......... 0.785%
Over $10 billion.......... 0.76%
3
AIM GLOBAL HEALTH CARE 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%
AIM INTERNATIONAL TOTAL RETURN FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $250 million........ 0.65%
Next $250 million......... 0.59%
Next $500 million......... 0.565%
Next $1.5 billion......... 0.54%
Next $2.5 billion......... 0.515%
Next $5 billion........... 0.49%
Over $10 billion.......... 0.465%
AIM LIBOR ALPHA FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $1 billion.......... 0.45%
Next $4 billion........... 0.425%
Over $5 billion........... 0.40%
AIM TRIMARK ENDEAVOR FUND
AIM TRIMARK SMALL COMPANIES 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%
4
AIM TRIMARK FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $250 million........ 0.80%
Next $250 million......... 0.78%
Next $500 million......... 0.76%
Next $1.5 billion......... 0.74%
Next $2.5 billion......... 0.72%
Next $2.5 billion......... 0.70%
Next $2.5 billion......... 0.68%
Over $10 billion.......... 0.66%
INVESCO ALTERNATIVE OPPORTUNITIES FUND
NET ASSETS ANNUAL RATE
---------- ------------
All Assets................ 0.20%
INVESCO COMMODITIES STRATEGY FUND
NET ASSETS ANNUAL RATE
---------- ------------
All Assets................ 0.50%
INVESCO FX ALPHA PLUS STRATEGY FUND
NET ASSETS ANNUAL RATE**
---------- ------------
All Assets................ 1.10%
** The base fee is adjusted upward if, during the most recent 12-month period,
the Fund outperforms LIBOR plus 6.00% and adjusted downward if, during the
most recent 12-month period, the Fund underperforms LIBOR minus 6.00%. The
performance adjustment is 20% of the amount by which the Fund outperforms
or underperforms LIBOR plus or minus 6.00%, respectively, during the
applicable period. The maximum adjustment over any 12-month period is
+0.55% of the Fund's average net assets over the applicable performance
period.
5
INVESCO FX ALPHA STRATEGY FUND
NET ASSETS ANNUAL RATE***
---------- --------------
All Assets................ 0.55%
*** The base fee is adjusted upward if, during the most recent 12-month period,
the Fund outperforms LIBOR plus 2.50% and adjusted downward if, during the
most recent 12-month period, the Fund underperforms LIBOR minus 2.50%. The
performance adjustment is 20% of the amount by which the Fund outperforms
or underperforms LIBOR plus or minus 2.50%, respectively, during the
applicable period. The maximum or minimum adjustment over any 12-month
period is +/-0.275% of the Fund's average net assets over the applicable
performance period.
INVESCO GLOBAL ADVANTAGE FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $1.5 billion........ 0.57%
Over $1.5 billion......... 0.545%
INVESCO GLOBAL DIVIDEND GROWTH SECURITIES 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 HEALTH SCIENCES FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $500 million........ 0.92%
Next $500 million......... 0.87%
Over $1 billion........... 0.845%
INVESCO INTERNATIONAL GROWTH EQUITY FUND
INVESCO XXX XXXXXX INTERNATIONAL GROWTH FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $1 billion.......... 0.75%
Over $1 billion........... 0.70%
6
INVESCO PACIFIC GROWTH FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $1 billion.......... 0.87%
Next $1 billion........... 0.82%
Over $2 billion........... 0.77%
INVESCO XXX XXXXXX EMERGING MARKETS FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $500 million........ 1.25%
Next $500 million......... 1.20%
Next $1.5 billion......... 1.15%
Over $2.5 billion......... 1.00%
INVESCO XXX XXXXXX GLOBAL BOND FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $500 million........ 0.625%
Next $500 million......... 0.60%
Next $1 billion........... 0.575%
Next $1 billion........... 0.55%
Over $3 billion........... 0.50%
INVESCO XXX XXXXXX GLOBAL EQUITY ALLOCATION FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $750 million........ 1.00%
Next $500 million......... 0.95%
Over $1.25 billion........ 0.90%
INVESCO XXX XXXXXX GLOBAL FRANCHISE FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $500 million........ 0.80%
Next $500 million......... 0.75%
Over $1 billion........... 0.70%
7
INVESCO XXX XXXXXX 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 INTERNATIONAL ADVANTAGE FUND
NET ASSETS ANNUAL RATE
---------- ------------
First $500 million........ 0.90%
Next $500 million......... 0.85%
Over $1 billion........... 0.80%"
2. In all other respects, the Agreement is hereby confirmed and remains
in full force and effect.
8
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed
by their respective officers on the date first written above.
AIM INVESTMENT FUNDS
Attest: /s/ Xxxxxxx Xxxxxxx By: /s/ Xxxx X. Xxxx
----------------------------- ------------------------------------
Assistant Secretary Xxxx X. Xxxx
Senior Vice President
(SEAL)
INVESCO ADVISERS, INC.
Attest: /s/ Xxxxxxx Xxxxxxx By: /s/ Xxxx X. Xxxx
----------------------------- ------------------------------------
Assistant Secretary Xxxx X. Xxxx
Senior Vice President
(SEAL)
9
