Invesco Trimark simplifies, strengthens fund lineup

    TORONTO, April 27 /CNW/ - Invesco Trimark Ltd. announced today it is
proposing to simplify and strengthen its product lineup to provide investors a
more cost-effective and enduring suite of products.
    The proposed changes include six fund mergers, a change in mandate for
AIM American Growth Fund and the capping of Trimark Canadian Bond Private Pool
to new investors.
    "These proposed product changes are in the best interests of investors
and will provide investors with long-term benefits," says Peter Intraligi,
President and Chief Operating Officer for Invesco Trimark.

    Proposed fund merger details

    Under the proposal, six mutual funds (the "Non-continuing funds") will be
merged into other mutual funds (the "Continuing funds") managed by Invesco
Trimark Ltd., as follows:

    Non-continuing funds                       Continuing funds
    Invesco Trimark Core American              Invesco Trimark Core
     Equity Class                               Global Equity Class
    Trimark Global Technology Class            Trimark U.S. Companies Class
    Trimark Global Technology Fund             Trimark U.S. Companies Fund
    Trimark Discovery Fund                     Trimark U.S. Companies Fund
    Trimark Global Health Sciences Fund        Trimark Global Health
                                                Sciences Class
    AIM European Growth Fund                   AIM European Growth Class

    Investor and IRC approvals

    The mergers of Trimark Global Health Sciences Fund into Trimark Global
Health Sciences Class and of AIM European Growth Fund into AIM European Growth
Class were approved by the Invesco Trimark Funds' Independent Review Committee
("IRC"). Accordingly, a Notice regarding these mergers will be mailed to
investors in these funds at least 60 days prior to the merger date.
    Securityholders of AIM Trimark Corporate Class Inc. ("Corporate Class")
will be asked to approve the mergers of Invesco Trimark Core American Equity
Class into Invesco Trimark Core Global Equity Class and of Trimark Global
Technology Class into Trimark U.S. Companies Class, and related changes at the
joint Annual and Special Meeting (the "Meetings") of shareholders of AIM
Trimark Canada Fund Inc. ("Canada Fund") and Corporate Class.
    Investors in the respective non-continuing funds will be asked to approve
the mergers of Trimark Global Technology Fund and Trimark Discovery Fund into
Trimark U.S. Companies Fund at a Special Meeting of Trimark Global Technology
Fund and Trimark Discovery Fund. Investors in AIM American Growth Fund will be
asked to approve the investment objective change of that fund at a special
meeting of that fund.
    All of these meetings will be held concurrently on July 30, 2009 in
Toronto. Details of these proposals will be provided to investors in
management information circulars and proxy packages that will be mailed in
late June 2009.
    Certain mergers will also require regulatory approval. The IRC has also
reviewed the proposed mergers with respect to conflict of interest matters and
has recommended that the mergers achieve a fair and reasonable result to
    In addition, Invesco Trimark is seeking investor approval at the Meetings
to rename AIM Trimark Corporate Class Inc. to Invesco Trimark Corporate Class
Inc. and AIM Trimark Canada Fund Inc. to Invesco Trimark Canada Fund Inc.
    If approved, the mergers will take effect after the close of business on
dates determined by Invesco Trimark, currently expected to occur in mid-August
2009 and to coincide with the annual renewal of the Invesco Trimark Funds
Simplified Prospectus.

    Proposed change in mandate for AIM American Growth Fund

    Invesco Trimark is proposing to change the investment objectives,
strategies, portfolio management team and name of AIM American Growth Fund. If
approved, the Fund will become AIM Global Balanced Fund and be co-managed by
two very successful investment teams at Invesco - Invesco Aim's Quality Growth
team will manage the equity portion, while the Invesco Worldwide Fixed Income
team will manage the fixed-income portion of the Fund.
    The Fund will use the same approach to asset allocation as the highly
successful AIM Canadian Balanced Fund. AIM Global Balanced Fund will maintain
an approximate split of 60% global equities and 40% high-quality global
fixed-income securities. Invesco Trimark will also cap the management expense
ratio (MER) of AIM Global Balanced Fund at 2.40%, resulting in cost savings
for investors.

    Capping Trimark Canadian Bond Private Pool

    Effective May 15, 2009 at 4 p.m. ET, Invesco Trimark will cap Trimark
Canadian Bond Private Pool to new investors to help maintain the
tax-efficiency of the Private Pool. By proactively capping the Private Pool,
Invesco Trimark is demonstrating its long-standing commitment to protect the
best interests of investors.
    Current investors continuing in the Fund will be allowed to purchase
additional securities and maintain their existing investment options. Purchase
orders and transfers in cash from new
    investors into the Fund will not be accepted after May 15, 2009. FundSERV
has been advised and will be rejecting any purchases or switches effective May
16, 2009.
    For more information about the proposed changes, please visit Advisors can access more information at or by calling 1.800.874.6275.

    Invesco Trimark Ltd. is one of Canada's largest investment management
companies, with approximately C$26.3 billion(*) in assets under management. A
subsidiary of Invesco Ltd., Invesco Trimark offers a diversified suite of
investment solutions to institutions, organizations, companies and individual
investors across Canada and around the world. Invesco Ltd. 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, 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
    Commissions, trailing commissions, management fees and expenses may all
be associated with mutual fund investments. Mutual funds are not guaranteed,
their values change frequently and past performance may not be repeated.
Please read the simplified prospectus before investing. Copies are available
from your advisor or from Invesco Trimark Ltd.

    (*) As at March 31, 2009

For further information:

For further information: Aysha Mawani, Vice President, Corporate
Affairs, Tel: (416) 324-7712,

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