Invesco Commodities Fund trustees approve reorganization plan

By Tali David

Minneapolis, Feb. 27 - The board of trustees of the Invesco Commodities Fund approved a plan of reorganization in which it would transfer all of its assets and liabilities to the Invesco Balanced-Risk Commodity Strategy Fund, according to a 497 filed with the Securities and Exchange Commission.

Both funds are series of AIM Investment Funds.

The agreement requires approval by the Commodities Fund shareholders and will be submitted for their consideration at a meeting in April.

If the agreement is approved and certain conditions are satisfied, fund expects the reorganization to be consummated shortly thereafter, the filing said.

Upon closing of the reorganization, shareholders of the Commodities Fund will receive a corresponding class of shares of the Balanced-Risk Commodity Strategy Fund in exchange for their shares, and the Commodities Fund will liquidate and cease operations.

The funds' investment adviser is Atlanta-based Invesco Advisers, Inc.

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