12.14.2009 The SEC announced the Fair Fund distribution of approximately $418 million to more than one million investors who were affected by undisclosed market timing in certain Invesco mutual funds advised by Invesco Funds Group, Inc. (IFG). The distribution stems from a prior SEC enforcement action against IFG. The distribution also includes money from two other Fair Funds related to separate unlawful marketing timing enforcement actions that affected Invesco investors.

Specifically, the IFG Fair Fund includes $325 million in disgorgement and penalties collected from IFG after the SEC brought settled administrative and cease-and-desist proceedings against IFG in 2004, as well as accrued interest. This distribution also includes approximately $45.8 million in disgorgement, penalties, and accumulated interest from the Banc of America Capital Management, LLC, BACAP Distributors, LLC, and Banc of America Securities, LLC, Fair Fund; and approximately $8.7 million in disgorgement, penalties, and accumulated interest from the Bear, Stearns & Co., Inc., and Bear, Stearns Securities Corp. Fair Fund.

Click http://www.sec.gov/news/press/2009/2009-264.htm to access the release.