Invesco Trimark Ltd. is proposing to simplify and strengthen its product line-up through fund mergers and a mandate change, the company said Monday.

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. 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. Accordingly, a notice regarding these mergers will be mailed to investors in these funds.

Securityholders of AIM Trimark Corporate Class Inc. 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 of shareholders of AIM Trimark Canada Fund Inc. and Corporate Class.

Investors will also 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, in Toronto. Details of these proposals will be mailed in late June 2009.

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.

Invesco Trimark is also 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 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, Invesco Trimark says. 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.

Effective May 15, Invesco Trimark will cap Trimark Canadian Bond Private Pool to new investors to help maintain the tax-efficiency of the Private Pool.

Current investors continuing in the fund will be allowed to purchase additional securities and maintain their existing investment options, Invesco Trimark says.

IE