Monday, October 20, 2008
Invesco Aim Plans to Unshutter a Small-Cap Fund
News summary by MFWire's editors
plans to reopen the $317 million AIM International Small Company Fund
to new investors on November 3. The fund has been closed since March 2005.
Invesco Aim officials said capacity is now available at the fund, giving the management team "greater ability to take advantage of the growing attractive valuations among international small-cap stocks."
Company Press Release
HOUSTON, Oct 20, 2008 (BUSINESS WIRE) -- Invesco Aim announced today that Invesco Aim Advisors, Inc. has approved the reopening of AIM International Small Company Fund.
AIM International Small Company Fund, which went into limited offering in March 2005 and has approximately $317 million in assets under management, will reopen to all investors commencing with the start of business on Nov. 3, 2008.
AIM International Small Company Fund is being reopened because capacity is now available, giving the management team greater ability to take advantage of the growing attractive valuations among international small-cap stocks.
About Invesco Aim
Invesco Aim is dedicated to building solutions for its clients with exceptional products and services through multiple investment management styles and a broad range of investment portfolios -- mutual funds, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans and offshore products. For more information, visit www.invescoaim.com. Invesco Aim is a service mark of Invesco Aim Management Group, Inc. Invesco Aim Advisors, Inc., Invesco Aim Capital Management, Inc., Invesco Aim Private Asset Management, Inc. and Invesco PowerShares Capital Management LLC are the investment advisors for the products and services represented by Invesco Aim; they each provide investment advisory services to individual and institutional clients and do not sell securities. Invesco Aim Distributors, Inc. is the distributor for the retail mutual funds, the exchange-traded funds and U.S. institutional money market funds represented by Invesco Aim. All of these entities are indirect, wholly owned subsidiaries of Invesco Ltd.
Invesco is a leading independent global investment management company, dedicated to helping people worldwide build their financial security. By delivering the combined power of our distinctive worldwide investment management capabilities, including AIM, Atlantic Trust, Invesco, Perpetual, PowerShares, Trimark, and WL Ross, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high-net-worth clients around the world. Operating in 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Armie Margaret Lee
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