497 1 d159492d497.htm 497 497

CM-STIT-PRO-1-SUP-1 040115

 

Statutory Prospectus Supplement dated April 1, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Institutional Class shares of the Funds listed below:

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Tax-Free Cash Reserve Portfolio

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Liquid Assets Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Institutional  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Institutional  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        None   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.20   

Fee Waiver and/or Expense Reimbursement2

        0.02   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.18   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Institutional Class shares to 0.18% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Institutional Class

   $ 18       $ 62       $ 111       $ 253”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – STIC Prime Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

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CM-STIT-PRO-1-SUP-1 040115

 

     Class:    Institutional  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Institutional  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        None   

Other Expenses1

        0.07   

Total Annual Fund Operating Expenses

        0.22   

Fee Waiver and/or Expense Reimbursement2

        0.04   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.18   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Institutional Class shares to 0.18% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Institutional Class

   $ 18       $ 67       $ 120       $ 276”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Treasury Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Institutional  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Institutional  

Management Fees

        0.15

 

CM-STIT-PRO-1-SUP-1 040115    2


CM-STIT-PRO-1-SUP-1 040115

 

Distribution and/or Service (12b-1) Fees

        None   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.20   

Fee Waiver and/or Expense Reimbursement2

        0.02   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.18   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Institutional Class shares to 0.18% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Institutional Class

   $ 18       $ 62       $ 111       $ 253”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government & Agency Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Institutional  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Institutional  

Management Fees

        0.10

Distribution and/or Service (12b-1) Fees

        None   

Other Expenses1

        0.06   

Total Annual Fund Operating Expenses

        0.16   

 

1  “Other Expenses” have been restated to reflect current fees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Institutional Class

   $ 16       $ 52       $ 90       $ 205”   

 

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CM-STIT-PRO-1-SUP-1 040115

 

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government TaxAdvantage Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Institutional  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Institutional  

Management Fees

        0.20

Distribution and/or Service (12b-1) Fees

        None   

Other Expenses1

        0.16   

Total Annual Fund Operating Expenses

        0.36   

Fee Waiver and/or Expense Reimbursement2

        0.18   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.18   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Institutional Class shares to 0.18% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Institutional Class

   $ 18       $ 97       $ 184       $ 438”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Tax-Free Cash Reserve Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Institutional  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

CM-STIT-PRO-1-SUP-1 040115    4


CM-STIT-PRO-1-SUP-1 040115

 

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Institutional  

Management Fees1

        0.20

Distribution and/or Service (12b-1) Fees

        None   

Other Expenses2

        0.10   

Total Annual Fund Operating Expenses

        0.30   

Fee Waiver and/or Expense Reimbursement3

        0.10   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.20   

 

1  “Management Fees” have been restated to reflect current fees.
2  “Other Expenses” have been restated to reflect current fees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Institutional Class shares to 0.20% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Institutional Class

   $ 20       $ 86       $ 159       $ 371”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

    Liquid Assets Portfolio, STIC Prime Portfolio, Treasury Portfolio, Government TaxAdvantage Portfolio and Tax-Free Cash Reserve Portfiolio’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Liquid Assets Portfolio-

Institutional Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.18     0.20     0.20     0.20     0.20     0.20     0.20     0.20     0.20     0.20

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.82     9.85     15.12     20.65     26.44     32.51     38.87     45.54     52.52     59.84

End of Year Balance

   $ 10,482.00      $ 10,985.14      $ 11,512.42      $ 12,065.02      $ 12,644.14      $ 13,251.06      $ 13,887.11      $ 14,553.69      $ 15,252.27      $ 15,984.38   

 

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CM-STIT-PRO-1-SUP-1 040115

 

Estimated Annual Expenses

   $ 18.43      $ 21.47      $ 22.50      $ 23.58      $ 24.71      $ 25.90      $ 27.14      $ 28.44      $ 29.81      $ 31.24   

STIC Prime Portfolio – Institutional
Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.18     0.22     0.22     0.22     0.22     0.22     0.22     0.22     0.22     0.22

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.82     9.83     15.08     20.58     26.34     32.38     38.71     45.34     52.29     59.57

End of Year Balance

   $ 10,482.00      $ 10,983.04      $ 11,508.03      $ 12,058.11      $ 12,634.49      $ 13,238.42      $ 13,871.22      $ 14,534.26      $ 15,229.00      $ 15,956.94   

Estimated Annual Expenses

   $ 18.43      $ 23.61      $ 24.74      $ 25.92      $ 27.16      $ 28.46      $ 29.82      $ 31.25      $ 32.74      $ 34.30   

Treasury Portfolio – Institutional Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.18     0.20     0.20     0.20     0.20     0.20     0.20     0.20     0.20     0.20

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.82     9.85     15.12     20.65     26.44     32.51     38.87     45.54     52.52     59.84

End of Year Balance

   $ 10,482.00      $ 10,985.14      $ 11,512.42      $ 12,065.02      $ 12,644.14      $ 13,251.06      $ 13,887.11      $ 14,553.69      $ 15,252.27      $ 15,984.38   

Estimated Annual Expenses

   $ 18.43      $ 21.47      $ 22.50      $ 23.58      $ 24.71      $ 25.90      $ 27.14      $ 28.44      $ 29.81      $ 31.24   

Government & Agency Portfolio-

Institutional Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.16     0.16     0.16     0.16     0.16     0.16     0.16     0.16     0.16     0.16

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.84     9.91     15.23     20.81     26.66     32.79     39.22     45.95     53.02     60.42

End of Year Balance

   $ 10,484.00      $ 10,991.43      $ 11,523.41      $ 12,081.14      $ 12,665.87      $ 13,278.90      $ 13,921.60      $ 14,595.40      $ 15,301.82      $ 16,042.43   

Estimated Annual Expenses

   $ 16.39      $ 17.18      $ 18.01      $ 18.88      $ 19.80      $ 20.76      $ 21.76      $ 22.81      $ 23.92      $ 25.08   

Government TaxAdvantage –
Institutional Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.18     0.36     0.36     0.36     0.36     0.36     0.36     0.36     0.36     0.36

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.82     9.68     14.77     20.10     25.67     31.50     37.60     43.99     50.67     57.66

End of Year Balance

   $ 10,482.00      $ 10,968.36      $ 11,477.30      $ 12,009.84      $ 12,567.10      $ 13,150.21      $ 13,760.38      $ 14,398.87      $ 15,066.97      $ 15,766.08   

Estimated Annual Expenses

   $ 18.43      $ 38.61      $ 40.40      $ 42.28      $ 44.24      $ 46.29      $ 48.44      $ 50.69      $ 53.04      $ 55.50   

Tax-Free Cash Reserve Portfolio –
Institutional Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.20     0.30     0.30     0.30     0.30     0.30     0.30     0.30     0.30     0.30

 

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Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.80     9.73     14.88     20.28     25.94     31.85     38.05     44.54     51.33     58.45

End of Year Balance

   $ 10,480.00      $ 10,972.56      $ 11,488.27      $ 12,028.22      $ 12,593.55      $ 13,185.44      $ 13,805.16      $ 14,454.00      $ 15,133.34      $ 15,844.61   

Estimated Annual Expenses

   $ 20.48      $ 32.18      $ 33.69      $ 35.27      $ 36.93      $ 38.67      $ 40.49      $ 42.39      $ 44.38      $ 46.47   

 

1  Your actual expenses may be higher or lower than those shown.”

 

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CM-STIT-PRO-2-SUP-1 040115

 

Statutory Prospectus Supplement dated April 1, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Corporate Class shares of the Funds listed below:

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Tax-Free Cash Reserve Portfolio

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Liquid Assets Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Corporate  
Shareholder Fees (fees paid directly from your investment)      

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Corporate  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.03   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.23   

Fee Waiver and/or Expense Reimbursement2

        0.02   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.21   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Corporate Class shares to 0.21% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Corporate Class

   $ 22       $ 72       $ 127       $ 291”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – STIC Prime Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

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CM-STIT-PRO-2-SUP-1 040115

 

     Class:    Corporate  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Corporate  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.03   

Other Expenses1

        0.07   

Total Annual Fund Operating Expenses

        0.25   

Fee Waiver and/or Expense Reimbursement2

        0.04   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.21   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Corporate Class shares to 0.21% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Corporate Class

   $ 22       $ 76       $ 137       $ 314”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Treasury Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Corporate  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Corporate  

Management Fees

        0.15

 

CM-STIT-PRO-2-SUP-1 040115    2


CM-STIT-PRO-2-SUP-1 040115

 

Distribution and/or Service (12b-1) Fees

        0.03   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.23   

Fee Waiver and/or Expense Reimbursement2

        0.02   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.21   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Corporate Class shares to 0.21% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Corporate Class

   $ 22       $ 72       $ 127       $ 291”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government & Agency Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Corporate  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Corporate  

Management Fees

        0.10

Distribution and/or Service (12b-1) Fees

        0.03   

Other Expenses1

        0.06   

Total Annual Fund Operating Expenses

        0.19   

 

1  “Other Expenses” have been restated to reflect current fees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Corporate Class

   $ 19       $ 61       $ 107       $ 243”   

 

CM-STIT-PRO-2-SUP-1 040115    3


CM-STIT-PRO-2-SUP-1 040115

 

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government TaxAdvantage Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Corporate  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Corporate  

Management Fees

        0.20

Distribution and/or Service (12b-1) Fees

        0.03   

Other Expenses1

        0.16   

Total Annual Fund Operating Expenses

        0.39   

Fee Waiver and/or Expense Reimbursement2

        0.18   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.21   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Corporate Class shares to 0.21% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Corporate Class

   $ 22       $ 107       $ 201       $ 475”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Tax-Free Cash Reserve Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Corporate  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

CM-STIT-PRO-2-SUP-1 040115    4


CM-STIT-PRO-2-SUP-1 040115

 

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Corporate  

Management Fees1

        0.20

Distribution and/or Service (12b-1) Fees

        0.03   

Other Expenses2

        0.10   

Total Annual Fund Operating Expenses

        0.33   

Fee Waiver and/or Expense Reimbursement3

        0.10   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.23   

 

1  “Management Fees” have been restated to reflect current fees.
2  “Other Expenses” have been restated to reflect current fees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Corporate Class shares to 0.23% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Corporate Class

   $ 24       $ 96       $ 175       $ 408”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

    Liquid Assets Portfolio, STIC Prime Portfolio, Treasury Portfolio, Government TaxAdvantage Portfolio and Tax-Free Cash Reserve Portfiolio’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Liquid Assets Portfolio-

Corporate Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.21     0.23     0.23     0.23     0.23     0.23     0.23     0.23     0.23     0.23

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.79     9.79     15.03     20.51     26.26     32.28     38.59     45.20     52.13     59.39

End of Year Balance

   $ 10,479.00      $ 10,978.85      $ 11,502.54      $ 12,051.21      $ 12,626.05      $ 13,228.32      $ 13,859.31      $ 14,520.40      $ 15,213.02      $ 15,938.68   

 

CM-STIT-PRO-2-SUP-1 040115    5


CM-STIT-PRO-2-SUP-1 040115

 

Estimated Annual Expenses

   $ 21.50      $ 24.68      $ 25.85      $ 27.09      $ 28.38      $ 29.73      $ 31.15      $ 32.64      $ 34.19      $ 35.82   

STIC Prime Portfolio – Corporate Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.21     0.25     0.25     0.25     0.25     0.25     0.25     0.25     0.25     0.25

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.79     9.77     14.98     20.44     26.16     32.16     38.43     45.01     51.90     59.11

End of Year Balance

   $ 10,479.00      $ 10,976.75      $ 11,498.15      $ 12,044.31      $ 12,616.42      $ 13,215.69      $ 13,843.44      $ 14,501.00      $ 15,189.80      $ 15,911.32   

Estimated Annual Expenses

   $ 21.50      $ 26.82      $ 28.09      $ 29.43      $ 30.83      $ 32.29      $ 33.82      $ 35.43      $ 37.11      $ 38.88   

Treasury Portfolio – Corporate Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.21     0.23     0.23     0.23     0.23     0.23     0.23     0.23     0.23     0.23

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.79     9.79     15.03     20.51     26.26     32.28     38.59     45.20     52.13     59.39

End of Year Balance

   $ 10,479.00      $ 10,978.85      $ 11,502.54      $ 12,051.21      $ 12,626.05      $ 13,228.32      $ 13,859.31      $ 14,520.40      $ 15,213.02      $ 15,938.68   

Estimated Annual Expenses

   $ 21.50      $ 24.68      $ 25.85      $ 27.09      $ 28.38      $ 29.73      $ 31.15      $ 32.64      $ 34.19      $ 35.82   

Government & Agency Portfolio-

Corporate Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.19     0.19     0.19     0.19     0.19     0.19     0.19     0.19     0.19     0.19

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.81     9.85     15.14     20.67     26.48     32.56     38.94     45.62     52.62     59.97

End of Year Balance

   $ 10,481.00      $ 10,985.14      $ 11,513.52      $ 12,067.32      $ 12,647.76      $ 13,256.12      $ 13,893.74      $ 14,562.02      $ 15,262.46      $ 15,996.58   

Estimated Annual Expenses

   $ 19.46      $ 20.39      $ 21.37      $ 22.40      $ 23.48      $ 24.61      $ 25.79      $ 27.03      $ 28.33      $ 29.70   

Government TaxAdvantage – Corporate
Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.21     0.39     0.39     0.39     0.39     0.39     0.39     0.39     0.39     0.39

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.79     9.62     14.67     19.96     25.49     31.28     37.33     43.66     50.28     57.21

End of Year Balance

   $ 10,479.00      $ 10,962.08      $ 11,467.43      $ 11,996.08      $ 12,549.10      $ 13,127.62      $ 13,732.80      $ 14,365.88      $ 15,028.15      $ 15,720.95   

Estimated Annual Expenses

   $ 21.50      $ 41.81      $ 43.74      $ 45.75      $ 47.86      $ 50.07      $ 52.38      $ 54.79      $ 57.32      $ 59.96   

Tax-Free Cash Reserve Portfolio –
Corporate Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.23     0.33     0.33     0.33     0.33     0.33     0.33     0.33     0.33     0.33

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.77     9.66     14.78     20.14     25.76     31.63     37.77     44.21     50.94     57.99

 

CM-STIT-PRO-2-SUP-1 040115    6


CM-STIT-PRO-2-SUP-1 040115

 

End of Year Balance

   $ 10,477.00       $ 10,966.28       $ 11,478.40       $ 12,014.44       $ 12,575.52       $ 13,162.79       $ 13,777.50       $ 14,420.90       $ 15,094.36       $ 15,799.27   

Estimated Annual Expenses

   $ 23.55       $ 35.38       $ 37.03       $ 38.76       $ 40.57       $ 42.47       $ 44.45       $ 46.53       $ 48.70       $ 50.97   

 

1  Your actual expenses may be higher or lower than those shown.”

 

CM-STIT-PRO-2-SUP-1 040115    7


CM-STIT-PRO-3-SUP-1 040116

 

Statutory Prospectus Supplement dated April 1, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Cash Management Class shares of the Funds listed below:

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Tax-Free Cash Reserve Portfolio

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Liquid Assets Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Cash
Management
 
Shareholder Fees (fees paid directly from your investment)      
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)         None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Cash
Management
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.10   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.30   

Fee Waiver and/or Expense Reimbursement2,3

        0.04   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.26   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.02% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Cash Management Class shares to 0.26% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Cash Management Class

   $ 27       $ 92       $ 165       $ 377”   

 

CM-STIT-PRO-3-SUP-1 040116    1


CM-STIT-PRO-3-SUP-1 040116

 

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – STIC Prime Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Cash
Management
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Cash
Management
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.10   

Other Expenses1

        0.07   

Total Annual Fund Operating Expenses

        0.32   

Fee Waiver and/or Expense Reimbursement2,3

        0.06   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.26   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.02% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Cash Management Class shares to 0.26% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Cash Management Class

   $ 27       $ 97       $ 174       $ 400”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Treasury Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Cash
Management
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

 

CM-STIT-PRO-3-SUP-1 040116    2


CM-STIT-PRO-3-SUP-1 040116

 

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Cash
Management
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.10   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.30   

Fee Waiver and/or Expense Reimbursement2,3

        0.04   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.26   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.02% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Cash Management Class shares to 0.26% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Cash Management Class

   $ 27       $ 92       $ 165       $ 377”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government & Agency Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Cash
Management
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Cash
Management
 

Management Fees

        0.10

Distribution and/or Service (12b-1) Fees

        0.10   

Other Expenses1

        0.06   

 

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CM-STIT-PRO-3-SUP-1 040116

 

Total Annual Fund Operating Expenses

        0.26   

Fee Waiver and/or Expense Reimbursement2

        0.02   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.24   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.02% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Cash Management Class

   $ 25       $ 82       $ 144       $ 329”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government TaxAdvantage Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Cash
Management
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Cash
Management
 

Management Fees

        0.20

Distribution and/or Service (12b-1) Fees

        0.10   

Other Expenses1

        0.16   

Total Annual Fund Operating Expenses

        0.46   

Fee Waiver and/or Expense Reimbursement2,3

        0.20   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.26   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.02% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Cash Management Class shares to 0.26% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating

 

CM-STIT-PRO-3-SUP-1 040116    4


CM-STIT-PRO-3-SUP-1 040116

 

expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Cash Management Class

   $ 27       $ 127       $ 238       $ 560”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Tax-Free Cash Reserve Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Cash
Management
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Cash
Management
 

Management Fees1

        0.20

Distribution and/or Service (12b-1) Fees

        0.10   

Other Expenses2

        0.10   

Total Annual Fund Operating Expenses

        0.40   

Fee Waiver and/or Expense Reimbursement3,4

        0.12   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.28   

 

1  “Management Fees” have been restated to reflect current fees.
2  “Other Expenses” have been restated to reflect current fees.
3  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.02% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
4  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Cash Management Class shares to 0.28% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Cash Management Class

   $ 29       $ 116       $ 212       $ 493”   

 

CM-STIT-PRO-3-SUP-1 040116    5


CM-STIT-PRO-3-SUP-1 040116

 

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

    Each Portfolio’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Liquid Assets Portfolio-

Cash Management Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.26     0.30     0.30     0.30     0.30     0.30     0.30     0.30     0.30     0.30

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.74     9.66     14.82     20.21     25.86     31.78     37.97     44.46     51.25     58.36

End of Year Balance

   $ 10,474.00      $ 10,966.28      $ 11,481.69      $ 12,021.33      $ 12,586.34      $ 13,177.89      $ 13,797.25      $ 14,445.72      $ 15,124.67      $ 15,835.53   

Estimated Annual Expenses

   $ 26.62      $ 32.16      $ 33.67      $ 35.25      $ 36.91      $ 38.65      $ 40.46      $ 42.36      $ 44.36      $ 46.44   

STIC Prime Portfolio – Cash

Management Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.26     0.32     0.32     0.32     0.32     0.32     0.32     0.32     0.32     0.32

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.74     9.64     14.77     20.14     25.77     31.65     37.81     44.26     51.02     58.08

End of Year Balance

   $ 10,474.00      $ 10,964.18      $ 11,477.31      $ 12,014.44      $ 12,576.72      $ 13,165.31      $ 13,781.45      $ 14,426.42      $ 15,101.58      $ 15,808.33   

Estimated Annual Expenses

   $ 26.62      $ 34.30      $ 35.91      $ 37.59      $ 39.35      $ 41.19      $ 43.11      $ 45.13      $ 47.24      $ 49.46   

Treasury Portfolio – Cash

Management Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.26     0.30     0.30     0.30     0.30     0.30     0.30     0.30     0.30     0.30

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.74     9.66     14.82     20.21     25.86     31.78     37.97     44.46     51.25     58.36

End of Year Balance

   $ 10,474.00      $ 10,966.28      $ 11,481.69      $ 12,021.33      $ 12,586.34      $ 13,177.89      $ 13,797.25      $ 14,445.72      $ 15,124.67      $ 15,835.53   

Estimated Annual Expenses

   $ 26.62      $ 32.16      $ 33.67      $ 35.25      $ 36.91      $ 38.65      $ 40.46      $ 42.36      $ 44.36      $ 46.44   

 

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CM-STIT-PRO-3-SUP-1 040116

 

Government & Agency Portfolio-

Cash Management Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.24     0.26     0.26     0.26     0.26     0.26     0.26     0.26     0.26     0.26

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.76     9.73     14.93     20.37     26.08     32.06     38.32     44.87     51.74     58.93

End of Year Balance

   $ 10,476.00      $ 10,972.56      $ 11,492.66      $ 12,037.41      $ 12,607.99      $ 13,205.61      $ 13,831.55      $ 14,487.17      $ 15,173.86      $ 15,893.10   

Estimated Annual Expenses

   $ 24.57      $ 27.88      $ 29.20      $ 30.59      $ 32.04      $ 33.56      $ 35.15      $ 36.81      $ 38.56      $ 40.39   

Government TaxAdvantage – Cash
Management Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.26     0.46     0.46     0.46     0.46     0.46     0.46     0.46     0.46     0.46

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.74     9.50     14.47     19.66     25.10     30.78     36.71     42.92     49.41     56.19

End of Year Balance

   $ 10,474.00      $ 10,949.52      $ 11,446.63      $ 11,966.30      $ 12,509.57      $ 13,077.51      $ 13,671.23      $ 14,291.90      $ 14,940.75      $ 15,619.06   

Estimated Annual Expenses

   $ 26.62      $ 49.27      $ 51.51      $ 53.85      $ 56.29      $ 58.85      $ 61.52      $ 64.32      $ 67.24      $ 70.29   

Tax-Free Cash Reserve Portfolio – Cash
Management Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.28     0.40     0.40     0.40     0.40     0.40     0.40     0.40     0.40     0.40

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.72     9.54     14.58     19.85     25.36     31.13     37.16     43.47     50.07     56.97

End of Year Balance

   $ 10,472.00      $ 10,953.71      $ 11,457.58      $ 11,984.63      $ 12,535.92      $ 13,112.58      $ 13,715.76      $ 14,346.68      $ 15,006.63      $ 15,696.93   

Estimated Annual Expenses

   $ 28.66      $ 42.85      $ 44.82      $ 46.88      $ 49.04      $ 51.30      $ 53.66      $ 56.12      $ 58.71      $ 61.41   

 

1  Your actual expenses may be higher or lower than those shown.”

 

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CM-STIT-PRO-4-SUP-1 040116

 

Statutory Prospectus Supplement dated April 1, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Resource Class shares of the Funds listed below:

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Tax-Free Cash Resource Portfolio

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Liquid Assets Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

    

Class:

   Resource  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Resource  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.20   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.40   

Fee Waiver and/or Expense Reimbursement2

        0.02   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.38   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Resource Class shares to 0.38% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Resource Class

   $ 39       $ 126       $ 222       $ 503”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – STIC Prime Portfolio - Fees and Expenses of the Fund” in the prospectus:

 

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“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Resource  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Resource  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.20   

Other Expenses1

        0.07   

Total Annual Fund Operating Expenses

        0.42   

Fee Waiver and/or Expense Reimbursement2,3

        0.08   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.34   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.04% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Resource Class shares to 0.34% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Resource Class

   $ 35       $ 127       $ 227       $ 522”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Treasury Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Resource  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

CM-STIT-PRO-4-SUP-1 040116    2   


CM-STIT-PRO-4-SUP-1 040116

 

     Class:    Resource  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.20   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.40   

Fee Waiver and/or Expense Reimbursement2,3

        0.06   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.34   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.04% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Resource Class shares to 0.34% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Resource Class

   $ 35       $ 122       $ 218       $ 499”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government & Agency Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Resource  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Resource  

Management Fees

        0.10

Distribution and/or Service (12b-1) Fees

        0.20   

Other Expenses1

        0.06   

Total Annual Fund Operating Expenses

        0.36   

Fee Waiver and/or Expense Reimbursement2

        0.04   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.32   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.04% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.

 

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Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Resource Class

   $ 33       $ 112       $ 198       $ 452”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government TaxAdvantage Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Resource  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Resource  

Management Fees

        0.20

Distribution and/or Service (12b-1) Fees

        0.20   

Other Expenses1

        0.16   

Total Annual Fund Operating Expenses

        0.56   

Fee Waiver and/or Expense Reimbursement2,3

        0.22   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.34   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.04% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Resource Class shares to 0.34% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Resource Class

   $ 35       $ 157       $ 291       $ 680”   

 

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Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Tax-Free Cash Resource Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Resource  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Resource  

Management Fees1

        0.20

Distribution and/or Service (12b-1) Fees

        0.20   

Other Expenses2

        0.10   

Total Annual Fund Operating Expenses

        0.50   

Fee Waiver and/or Expense Reimbursement3,4

        0.14   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.36   

 

1  “Management Fees” have been restated to reflect current fees.
2  “Other Expenses” have been restated to reflect current fees.
3  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.04% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
4  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Resource Class shares to 0.36% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Resource Class

   $ 37       $ 146       $ 266       $ 615”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

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    Each Portfolio’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Liquid Assets Portfolio-

Resource Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.38     0.40     0.40     0.40     0.40     0.40     0.40     0.40     0.40     0.40

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.62     9.43     14.47     19.73     25.24     31.00     37.03     43.33     49.92     56.82

End of Year Balance

   $ 10,462.00      $ 10,943.25      $ 11,446.64      $ 11,973.19      $ 12,523.95      $ 13,100.06      $ 13,702.66      $ 14,332.98      $ 14,992.30      $ 15,681.94   

Estimated Annual Expenses

   $ 38.88      $ 42.81      $ 44.78      $ 46.84      $ 48.99      $ 51.25      $ 53.61      $ 56.07      $ 58.65      $ 61.35   

STIC Prime Portfolio –

Resource Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.34     0.42     0.42     0.42     0.42     0.42     0.42     0.42     0.42     0.42

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.66     9.45     14.47     19.71     25.19     30.93     36.92     43.19     49.75     56.61

End of Year Balance

   $ 10,466.00      $ 10,945.34      $ 11,446.64      $ 11,970.90      $ 12,519.16      $ 13,092.54      $ 13,692.18      $ 14,319.28      $ 14,975.10      $ 15,660.96   

Estimated Annual Expenses

   $ 34.79      $ 44.96      $ 47.02      $ 49.18      $ 51.43      $ 53.78      $ 56.25      $ 58.82      $ 61.52      $ 64.34   

Treasury Portfolio –

Resource Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.34     0.40     0.40     0.40     0.40     0.40     0.40     0.40     0.40     0.40

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.66     9.47     14.51     19.78     25.29     31.05     37.08     43.38     49.98     56.88

End of Year Balance

   $ 10,466.00      $ 10,947.44      $ 11,451.02      $ 11,977.76      $ 12,528.74      $ 13,105.06      $ 13,707.90      $ 14,338.46      $ 14,998.03      $ 15,687.94   

Estimated Annual Expenses

   $ 34.79      $ 42.83      $ 44.80      $ 46.86      $ 49.01      $ 51.27      $ 53.63      $ 56.09      $ 58.67      $ 61.37   

Government & Agency Portfolio-

Resource Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.32     0.36     0.36     0.36     0.36     0.36     0.36     0.36     0.36     0.36

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.68     9.54     14.62     19.94     25.50     31.33     37.42     43.80     50.47     57.45

End of Year Balance

   $ 10,468.00      $ 10,953.72      $ 11,461.97      $ 11,993.80      $ 12,550.32      $ 13,132.65      $ 13,742.00      $ 14,379.63      $ 15,046.85      $ 15,745.02   

Estimated Annual Expenses

   $ 32.75      $ 38.56      $ 40.35      $ 42.22      $ 44.18      $ 46.23      $ 48.37      $ 50.62      $ 52.97      $ 55.43   

Government TaxAdvantage –

Resource Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.34     0.56     0.56     0.56     0.56     0.56     0.56     0.56     0.56     0.56

 

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Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.66     9.31     14.16     19.23     24.52     30.05     35.83     41.86     48.15     54.73

End of Year Balance

   $ 10,466.00      $ 10,930.69      $ 11,416.01      $ 11,922.88      $ 12,452.26      $ 13,005.14      $ 13,582.57      $ 14,185.63      $ 14,815.48      $ 15,473.28   

Estimated Annual Expenses

   $ 34.79      $ 59.91      $ 62.57      $ 65.35      $ 68.25      $ 71.28      $ 74.45      $ 77.75      $ 81.20      $ 84.81   

Tax-Free Cash Resource Portfolio –
Resource Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.36     0.50     0.50     0.50     0.50     0.50     0.50     0.50     0.50     0.50

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.64     9.35     14.27     19.41     24.79     30.40     36.27     42.40     48.81     55.50

End of Year Balance

   $ 10,464.00      $ 10,934.88      $ 11,426.95      $ 11,941.16      $ 12,478.51      $ 13,040.05      $ 13,626.85      $ 14,240.06      $ 14,880.86      $ 15,550.50   

Estimated Annual Expenses

   $ 36.84      $ 53.50      $ 55.90      $ 58.42      $ 61.05      $ 63.80      $ 66.67      $ 69.67      $ 72.80      $ 76.08   

 

1  Your actual expenses may be higher or lower than those shown.”

 

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Statutory Prospectus Supplement dated April 1, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Private Investment Class shares of the Funds listed below:

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Tax-Free Cash Reserve Portfolio

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Liquid Assets Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Private
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Private
Investment
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.50   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.70   

Fee Waiver and/or Expense Reimbursement2,3

        0.22   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.48   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Private Investment Class shares to 0.48% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Private Investment Class

   $ 49       $ 202       $ 368       $ 850”   

 

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Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – STIC Prime Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Private
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Private
Investment
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.50   

Other Expenses1

        0.07   

Total Annual Fund Operating Expenses

        0.72   

Fee Waiver and/or Expense Reimbursement2,3

        0.24   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.48   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Private Investment Class shares to 0.48% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Private Investment Class

   $ 49       $ 206       $ 377       $ 872”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Treasury Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Private
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

 

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This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Private
Investment
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.50   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.70   

Fee Waiver and/or Expense Reimbursement2,3

        0.22   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.48   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Private Investment Class shares to 0.48% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Private Investment Class

   $ 49       $ 202       $ 368       $ 850”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government & Agency Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Private
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Private
Investment
 

Management Fees

        0.10

Distribution and/or Service (12b-1) Fees

        0.50   

Other Expenses1

        0.06   

 

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CM-STIT-PRO-5-SUP-1 040116

 

Total Annual Fund Operating Expenses

        0.66   

Fee Waiver and/or Expense Reimbursement2

        0.20   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.46   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Private Investment Class

   $ 47       $ 191       $ 348       $ 804”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government TaxAdvantage Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Private
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Private
Investment
 

Management Fees

        0.20

Distribution and/or Service (12b-1) Fees

        0.50   

Other Expenses1

        0.16   

Total Annual Fund Operating Expenses

        0.86   

Fee Waiver and/or Expense Reimbursement2,3

        0.43   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.43   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.25% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Private Investment Class shares to 0.43% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

 

CM-STIT-PRO-5-SUP-1 040116    4


CM-STIT-PRO-5-SUP-1 040116

 

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Private Investment Class

   $ 44       $ 231       $ 435       $ 1,021”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Tax-Free Cash Reserve Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Private
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Private
Investment
 

Management Fees1

        0.20

Distribution and/or Service (12b-1) Fees

        0.50   

Other Expenses2

        0.10   

Total Annual Fund Operating Expenses

        0.80   

Fee Waiver and/or Expense Reimbursement3,4

        0.35   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.45   

 

1  “Management Fees” have been restated to reflect current fees.
2  “Other Expenses” have been restated to reflect current fees.
3  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.25% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
4  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Private Investment Class shares to 0.45% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Private Investment Class

   $ 46       $ 220       $ 410       $ 957”   

 

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CM-STIT-PRO-5-SUP-1 040116

 

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

    Each Portfolio’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Liquid Assets Portfolio-

Private Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.48     0.70     0.70     0.70     0.70     0.70     0.70     0.70     0.70     0.70

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.52     9.01     13.70     18.59     23.69     29.01     34.56     40.34     46.38     52.67

End of Year Balance

   $ 10,452.00      $ 10,901.44      $ 11,370.20      $ 11,859.12      $ 12,369.06      $ 12,900.93      $ 13,455.67      $ 14,034.26      $ 14,637.73      $ 15,267.16   

Estimated Annual Expenses

   $ 49.08      $ 74.74      $ 77.95      $ 81.30      $ 84.80      $ 88.44      $ 92.25      $ 96.21      $ 100.35      $ 104.67   

STIC Prime Portfolio –

Private Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.48     0.72     0.72     0.72     0.72     0.72     0.72     0.72     0.72     0.72

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.52     8.99     13.66     18.52     23.60     28.89     34.40     40.15     46.15     52.41

End of Year Balance

   $ 10,452.00      $ 10,899.35      $ 11,365.84      $ 11,852.30      $ 12,359.57      $ 12,888.56      $ 13,440.19      $ 14,015.43      $ 14,615.29      $ 15,240.83   

Estimated Annual Expenses

   $ 49.08      $ 76.86      $ 80.15      $ 83.59      $ 87.16      $ 90.89      $ 94.78      $ 98.84      $ 103.07      $ 107.48   

Treasury Portfolio –

Private Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.48     0.70     0.70     0.70     0.70     0.70     0.70     0.70     0.70     0.70

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.52     9.01     13.70     18.59     23.69     29.01     34.56     40.34     46.38     52.67

End of Year Balance

   $ 10,452.00      $ 10,901.44      $ 11,370.20      $ 11,859.12      $ 12,369.06      $ 12,900.93      $ 13,455.67      $ 14,034.26      $ 14,637.73      $ 15,267.16   

Estimated Annual Expenses

   $ 49.08      $ 74.74      $ 77.95      $ 81.30      $ 84.80      $ 88.44      $ 92.25      $ 96.21      $ 100.35      $ 104.67   

 

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CM-STIT-PRO-5-SUP-1 040116

 

Government & Agency Portfolio-

Private Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.46     0.66     0.66     0.66     0.66     0.66     0.66     0.66     0.66     0.66

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.54     9.08     13.81     18.75     23.90     29.28     34.89     40.75     46.86     53.23

End of Year Balance

   $ 10,454.00      $ 10,907.70      $ 11,381.10      $ 11,875.04      $ 12,390.41      $ 12,928.16      $ 13,489.24      $ 14,074.67      $ 14,685.51      $ 15,322.87   

Estimated Annual Expenses

   $ 47.04      $ 70.49      $ 73.55      $ 76.75      $ 80.08      $ 83.55      $ 87.18      $ 90.96      $ 94.91      $ 99.03   

Government TaxAdvantage –

Private Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.43     0.86     0.86     0.86     0.86     0.86     0.86     0.86     0.86     0.86

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.57     8.90     13.41     18.10     22.99     28.08     33.39     38.91     44.66     50.65

End of Year Balance

   $ 10,457.00      $ 10,889.92      $ 11,340.76      $ 11,810.27      $ 12,299.22      $ 12,808.40      $ 13,338.67      $ 13,890.89      $ 14,465.97      $ 15,064.87   

Estimated Annual Expenses

   $ 43.98      $ 91.79      $ 95.59      $ 99.55      $ 103.67      $ 107.96      $ 112.43      $ 117.09      $ 121.93      $ 126.98   

Tax-Free Cash Reserve Portfolio –
Private Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.45     0.80     0.80     0.80     0.80     0.80     0.80     0.80     0.80     0.80

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.55     8.94     13.52     18.28     23.25     28.43     33.82     39.44     45.30     51.40

End of Year Balance

   $ 10,455.00      $ 10,894.11      $ 11,351.66      $ 11,828.43      $ 12,325.23      $ 12,842.89      $ 13,382.29      $ 13,944.34      $ 14,530.01      $ 15,140.27   

Estimated Annual Expenses

   $ 46.02      $ 85.40      $ 88.98      $ 92.72      $ 96.61      $ 100.67      $ 104.90      $ 109.31      $ 113.90      $ 118.68   

 

1  Your actual expenses may be higher or lower than those shown.”

 

CM-STIT-PRO-5-SUP-1 040116    7


CM-STIT-PRO-6-SUP-1 040116

 

Statutory Prospectus Supplement dated April 1, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Personal Investment Class shares of the Funds listed below:

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Tax-Free Cash Reserve Portfolio

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Liquid Assets Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Personal
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Personal
Investment
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.75   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.95   

Fee Waiver and/or Expense Reimbursement2,3

        0.22   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.73   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Personal Investment Class shares to 0.73% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Personal Investment Class

   $ 75       $ 281       $ 504       $ 1,146”   

 

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Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – STIC Prime Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Personal
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Personal
Investment
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.75   

Other Expenses1

        0.07   

Total Annual Fund Operating Expenses

        0.97   

Fee Waiver and/or Expense Reimbursement2,3

        0.24   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.73   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Personal Investment Class shares to 0.73% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Personal Investment Class

   $ 75       $ 285       $ 513       $ 1,168”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Treasury Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

    

Class:

   Personal
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

 

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CM-STIT-PRO-6-SUP-1 040116

 

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Personal
Investment
 

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        0.75   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        0.95   

Fee Waiver and/or Expense Reimbursement2,3

        0.22   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.73   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Personal Investment Class shares to 0.73% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Personal Investment Class

   $ 75       $ 281       $ 504       $ 1,146”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government & Agency Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

    

Class:

   Personal
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Personal
Investment
 

Management Fees

        0.10

 

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CM-STIT-PRO-6-SUP-1 040116

 

Distribution and/or Service (12b-1) Fees

        0.75   

Other Expenses1

        0.06   

Total Annual Fund Operating Expenses

        0.91   

Fee Waiver and/or Expense Reimbursement2

        0.20   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.71   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Personal Investment Class

   $ 73       $ 270       $ 484       $ 1,101”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government TaxAdvantage Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

    

Class:

   Personal
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Personal
Investment
 

Management Fees

        0.20

Distribution and/or Service (12b-1) Fees

        0.75   

Other Expenses1

        0.16   

Total Annual Fund Operating Expenses

        1.11   

Fee Waiver and/or Expense Reimbursement2,3

        0.38   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.73   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Personal Investment Class shares to 0.73% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

 

CM-STIT-PRO-6-SUP-1 040116    4


CM-STIT-PRO-6-SUP-1 040116

 

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Personal Investment Class

   $ 75       $ 315       $ 575       $ 1,318”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Tax-Free Cash Reserve Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

    

Class:

   Personal
Investment
 

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

    

Class:

   Personal
Investment
 

Management Fees1

        0.20

Distribution and/or Service (12b-1) Fees

        0.75   

Other Expenses2

        0.10   

Total Annual Fund Operating Expenses

        1.05   

Fee Waiver and/or Expense Reimbursement3,4

        0.30   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        0.75   

 

1  “Management Fees” have been restated to reflect current fees.
2  “Other Expenses” have been restated to reflect current fees.
3  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.20% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
4  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Personal Investment Class shares to 0.75% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

CM-STIT-PRO-6-SUP-1 040116    5


CM-STIT-PRO-6-SUP-1 040116

 

     1 Year      3 Years      5 Years      10 Years  

Personal Investment Class

   $ 77       $ 304       $ 550       $ 1,255”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

    Each Portfolio’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Liquid Assets Portfolio-

Personal Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.73     0.95     0.95     0.95     0.95     0.95     0.95     0.95     0.95     0.95

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.27     8.49     12.89     17.46     22.22     27.17     32.32     37.67     43.25     49.05

End of Year Balance

   $ 10,427.00      $ 10,849.29      $ 11,288.69      $ 11,745.88      $ 12,221.59      $ 12,716.56      $ 13,231.59      $ 13,767.46      $ 14,325.05      $ 14,905.21   

Estimated Annual Expenses

   $ 74.56      $ 101.06      $ 105.16      $ 109.41      $ 113.85      $ 118.46      $ 123.25      $ 128.25      $ 133.44      $ 138.84   

STIC Prime Portfolio –

Personal Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.73     0.97     0.97     0.97     0.97     0.97     0.97     0.97     0.97     0.97

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.27     8.47     12.84     17.39     22.12     27.04     32.16     37.49     43.03     48.79

End of Year Balance

   $ 10,427.00      $ 10,847.21      $ 11,284.35      $ 11,739.11      $ 12,212.20      $ 12,704.35      $ 13,216.33      $ 13,748.95      $ 14,303.03      $ 14,879.45   

Estimated Annual Expenses

   $ 74.56      $ 103.18      $ 107.34      $ 111.66      $ 116.16      $ 120.85      $ 125.72      $ 130.78      $ 136.05      $ 141.54   

Treasury Portfolio –

Personal Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.73     0.95     0.95     0.95     0.95     0.95     0.95     0.95     0.95     0.95

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.27     8.49     12.89     17.46     22.22     27.17     32.32     37.67     43.25     49.05

End of Year Balance

   $ 10,427.00      $ 10,849.29      $ 11,288.69      $ 11,745.88      $ 12,221.59      $ 12,716.56      $ 13,231.59      $ 13,767.46      $ 14,325.05      $ 14,905.21   

Estimated Annual Expenses

   $ 74.56      $ 101.06      $ 105.16      $ 109.41      $ 113.85      $ 118.46      $ 123.25      $ 128.25      $ 133.44      $ 138.84   

 

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CM-STIT-PRO-6-SUP-1 040116

 

Government & Agency Portfolio-

Personal Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.71     0.91     0.91     0.91     0.91     0.91     0.91     0.91     0.91     0.91

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.29     8.56     13.00     17.62     22.43     27.43     32.65     38.07     43.72     49.60

End of Year Balance

   $ 10,429.00      $ 10,855.55      $ 11,299.54      $ 11,761.69      $ 12,242.74      $ 12,743.47      $ 13,264.68      $ 13,807.20      $ 14,371.92      $ 14,959.73   

Estimated Annual Expenses

   $ 72.52      $ 96.84      $ 100.81      $ 104.93      $ 109.22      $ 113.69      $ 118.34      $ 123.18      $ 128.22      $ 133.46   

Government TaxAdvantage –

Personal Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.73     1.11     1.11     1.11     1.11     1.11     1.11     1.11     1.11     1.11

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.27     8.33     12.54     16.92     21.47     26.19     31.10     36.20     41.50     47.00

End of Year Balance

   $ 10,427.00      $ 10,832.61      $ 11,254.00      $ 11,691.78      $ 12,146.59      $ 12,619.09      $ 13,109.97      $ 13,619.95      $ 14,149.77      $ 14,700.19   

Estimated Annual Expenses

   $ 74.56      $ 117.99      $ 122.58      $ 127.35      $ 132.30      $ 137.45      $ 142.80      $ 148.35      $ 154.12      $ 160.12   

Tax-Free Cash Reserve Portfolio –

Personal Investment Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     0.75     1.05     1.05     1.05     1.05     1.05     1.05     1.05     1.05     1.05

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     4.25     8.37     12.65     17.10     21.72     26.53     31.53     36.72     42.13     47.74

End of Year Balance

   $ 10,425.00      $ 10,836.79      $ 11,264.84      $ 11,709.80      $ 12,172.34      $ 12,653.15      $ 13,152.95      $ 13,672.49      $ 14,212.55      $ 14,773.95   

Estimated Annual Expenses

   $ 76.59      $ 111.62      $ 116.03      $ 120.62      $ 125.38      $ 130.33      $ 135.48      $ 140.83      $ 146.40      $ 152.18   

 

1  Your actual expenses may be higher or lower than those shown.”

 

CM-STIT-PRO-6-SUP-1 040116    7


CM-STIT-PRO-7-SUP-1 040116

 

Statutory Prospectus Supplement dated April 1, 2016

The purpose of this mailing is to provide you with changes to the current Statutory Prospectus for Reserve Class shares of the Funds listed below:

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Tax-Free Cash Reserve Portfolio

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Liquid Assets Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Reserve  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Reserve  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        1.00   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        1.20   

Fee Waiver and/or Expense Reimbursement2,3

        0.15   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.05   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.13% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Reserve Class shares to 1.05% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Reserve Class

   $ 107       $ 366       $ 645       $ 1,441”   

 

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CM-STIT-PRO-7-SUP-1 040116

 

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – STIC Prime Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Reserve  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Reserve  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        1.00   

Other Expenses1

        0.07   

Total Annual Fund Operating Expenses

        1.22   

Fee Waiver and/or Expense Reimbursement2,3

        0.17   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.05   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.13% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Reserve Class shares to 1.05% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Reserve Class

   $ 107       $ 370       $ 654       $ 1,462”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Treasury Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Reserve  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

 

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CM-STIT-PRO-7-SUP-1 040116

 

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Reserve  

Management Fees

        0.15

Distribution and/or Service (12b-1) Fees

        1.00   

Other Expenses1

        0.05   

Total Annual Fund Operating Expenses

        1.20   

Fee Waiver and/or Expense Reimbursement2,3

        0.15   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.05   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.13% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Reserve Class shares to 1.05% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Reserve Class

   $ 107       $ 366       $ 645       $ 1,441”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government & Agency Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Reserve  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Reserve  

Management Fees

        0.10

Distribution and/or Service (12b-1) Fees

        1.00   

Other Expenses1

        0.06   

Total Annual Fund Operating Expenses

        1.16   

Fee Waiver and/or Expense Reimbursement2

        0.13   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.03   

 

1  “Other Expenses” have been restated to reflect current fees.

 

CM-STIT-PRO-7-SUP-1 040116    3


CM-STIT-PRO-7-SUP-1 040116

 

2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.13% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Reserve Class

   $ 105       $ 356       $ 626       $ 1,397”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Government TaxAdvantage Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Reserve  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Reserve  

Management Fees

        0.20

Distribution and/or Service (12b-1) Fees

        1.00   

Other Expenses1

        0.16   

Total Annual Fund Operating Expenses

        1.36   

Fee Waiver and/or Expense Reimbursement2,3

        0.31   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.05   

 

1  “Other Expenses” have been restated to reflect current fees.
2  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.13% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
3  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Reserve Class shares to 1.05% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

CM-STIT-PRO-7-SUP-1 040116    4


CM-STIT-PRO-7-SUP-1 040116

 

     1 Year      3 Years      5 Years      10 Years  

Reserve Class

   $ 107       $ 400       $ 715       $ 1,608”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Fund Summaries – Tax-Free Cash Reserve Portfolio - Fees and Expenses of the Fund” in the prospectus:

“This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

 

     Class:    Reserve  

Shareholder Fees (fees paid directly from your investment)

     

Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)

        None   

Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is less)

        None   

This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

 

     Class:    Reserve  

Management Fees1

        0.20

Distribution and/or Service (12b-1) Fees

        1.00   

Other Expenses2

        0.10   

Total Annual Fund Operating Expenses

        1.30   

Fee Waiver and/or Expense Reimbursement3,4

        0.23   

Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement

        1.07   

 

1  “Management Fees” have been restated to reflect current fees.
2  “Other Expenses” have been restated to reflect current fees.
3  Invesco Distributors, Inc. (Invesco Distributors) has contractually agreed to waive 0.13% of Rule 12b-1 distribution plan payments. Unless Invesco Distributors continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to reduce the 12b-1 fee waiver without approval of the Board of Trustees.
4  Invesco Advisers, Inc. (Invesco or the Adviser) has contractually agreed to waive advisory fees and/or reimburse expenses to the extent necessary to limit Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding certain items discussed in the SAI) of Reserve Class shares to 1.07% of the Fund’s average daily net assets (the “expense limit”). Unless Invesco continues the fee waiver agreement, it will terminate on December 31, 2016. During its term, the fee waiver agreement cannot be terminated or amended to increase the expense limit without approval of the Board of Trustees.

Example. This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain equal to the Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement in the first year and the Total Annual Fund Operating Expenses thereafter.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:

 

     1 Year      3 Years      5 Years      10 Years  

Reserve Class

   $ 109       $ 389       $ 691       $ 1,548”   

Effective June 1, 2016, the following information replaces in its entirety the information appearing under the heading “Hypothetical Investment and Expense Information”:

In connection with the final settlement reached between Invesco and certain of its affiliates with certain regulators, including the New York Attorney General’s Office, the SEC and the Colorado Attorney General’s Office (the settlement) arising out of certain market timing and unfair pricing allegations made against Invesco and certain of its affiliates, Invesco and certain of its affiliates agreed, among other things, to disclose certain hypothetical information regarding investment and expense information to Fund

 

CM-STIT-PRO-7-SUP-1 040116    5


CM-STIT-PRO-7-SUP-1 040116

 

shareholders. The chart below is intended to reflect the annual and cumulative impact of the Fund’s expenses, including investment advisory fees and other Fund costs, on the Fund’s returns over a 10-year period. The example reflects the following:

 

    You invest $10,000 in the fund and hold it for the entire 10-year period;

 

    Your investment has a 5% return before expenses each year; and

 

    Each Portfolio’s current annual expense ratio includes any applicable contractual fee waiver or expense reimbursement for the period committed.

There is no assurance that the annual expense ratio will be the expense ratio for the Fund classes for any of the years shown. This is only a hypothetical presentation made to illustrate what expenses and returns would be under the above scenarios; your actual returns and expenses are likely to differ (higher or lower) from those shown below.

 

Liquid Assets Portfolio-

Reserve Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     1.05     1.20     1.20     1.20     1.20     1.20     1.20     1.20     1.20     1.20

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     3.95     7.90     12.00     16.26     20.67     25.26     30.02     34.96     40.09     45.41

End of Year Balance

   $ 10,395.00      $ 10,790.01      $ 11,200.03      $ 11,625.63      $ 12,067.41      $ 12,525.97      $ 13,001.95      $ 13,496.03      $ 14,008.88      $ 14,541.21   

Estimated Annual Expenses

   $ 107.07      $ 127.11      $ 131.94      $ 136.95      $ 142.16      $ 147.56      $ 153.17      $ 158.99      $ 165.03      $ 171.30   

STIC Prime Portfolio –

Reserve Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     1.05     1.22     1.22     1.22     1.22     1.22     1.22     1.22     1.22     1.22

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     3.95     7.88     11.96     16.19     20.58     25.14     29.87     34.78     39.87     45.16

End of Year Balance

   $ 10,395.00      $ 10,787.93      $ 11,195.71      $ 11,618.91      $ 12,058.11      $ 12,513.90      $ 12,986.93      $ 13,477.84      $ 13,987.30      $ 14,516.02   

Estimated Annual Expenses

   $ 107.07      $ 129.22      $ 134.10      $ 139.17      $ 144.43      $ 149.89      $ 155.56      $ 161.44      $ 167.54      $ 173.87   

Treasury Portfolio –

Reserve Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     1.05     1.20     1.20     1.20     1.20     1.20     1.20     1.20     1.20     1.20

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     3.95     7.90     12.00     16.26     20.67     25.26     30.02     34.96     40.09     45.41

End of Year Balance

   $ 10,395.00      $ 10,790.01      $ 11,200.03      $ 11,625.63      $ 12,067.41      $ 12,525.97      $ 13,001.95      $ 13,496.03      $ 14,008.88      $ 14,541.21   

Estimated Annual Expenses

   $ 107.07      $ 127.11      $ 131.94      $ 136.95      $ 142.16      $ 147.56      $ 153.17      $ 158.99      $ 165.03      $ 171.30   

Government & Agency Portfolio-

Reserve Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     1.03     1.16     1.16     1.16     1.16     1.16     1.16     1.16     1.16     1.16

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     3.97     7.96     12.11     16.41     20.88     25.53     30.35     35.35     40.55     45.95

End of Year Balance

   $ 10,397.00      $ 10,796.24      $ 11,210.82      $ 11,641.32      $ 12,088.34      $ 12,552.54      $ 13,034.55      $ 13,535.08      $ 14,054.83      $ 14,594.53   

Estimated Annual Expenses

   $ 105.04      $ 122.92      $ 127.64      $ 132.54      $ 137.63      $ 142.92      $ 148.41      $ 154.10      $ 160.02      $ 166.17   

 

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CM-STIT-PRO-7-SUP-1 040116

 

Government TaxAdvantage –

Reserve Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     1.05     1.36     1.36     1.36     1.36     1.36     1.36     1.36     1.36     1.36

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     3.95     7.73     11.66     15.72     19.93     24.30     28.82     33.51     38.37     43.41

End of Year Balance

   $ 10,395.00      $ 10,773.38      $ 11,165.53      $ 11,571.95      $ 11,993.17      $ 12,429.72      $ 12,882.17      $ 13,351.08      $ 13,837.06      $ 14,340.73   

Estimated Annual Expenses

   $ 107.07      $ 143.94      $ 149.18      $ 154.61      $ 160.24      $ 166.08      $ 172.12      $ 178.39      $ 184.88      $ 191.61   

Tax-Free Cash Reserve Portfolio –
Reserve Class

   Year 1     Year 2     Year 3     Year 4     Year 5     Year 6     Year 7     Year 8     Year 9     Year 10  

Annual Expense Ratio1

     1.07     1.30     1.30     1.30     1.30     1.30     1.30     1.30     1.30     1.30

Cumulative Return Before Expenses

     5.00     10.25     15.76     21.55     27.63     34.01     40.71     47.75     55.13     62.89

Cumulative Return After Expenses

     3.93     7.78     11.76     15.90     20.19     24.63     29.24     34.03     38.99     44.13

End of Year Balance

   $ 10,393.00      $ 10,777.54      $ 11,176.31      $ 11,589.83      $ 12,018.66      $ 12,463.35      $ 12,924.49      $ 13,402.70      $ 13,898.60      $ 14,412.85   

Estimated Annual Expenses

   $ 109.10      $ 137.61      $ 142.70      $ 147.98      $ 153.46      $ 159.13      $ 165.02      $ 171.13      $ 177.46      $ 184.02   

 

1  Your actual expenses may be higher or lower than those shown.”

 

CM-STIT-PRO-7-SUP-1 040116    7


CM-STIT-SUP-3 040116

 

Statement of Additional Information Supplement dated April 1, 2016

The purpose of this supplement is to provide you with changes to the current Statement of Additional Information for Cash Management, Corporate, Institutional, Personal Investment, Private Investment, Reserve and Resource Class shares of the Funds listed below:

Government & Agency Portfolio

Government TaxAdvantage Portfolio

Liquid Assets Portfolio

STIC Prime Portfolio

Treasury Portfolio

Tax-Free Cash Reserve Portfolio

Effective June 1, 2016, the following information replaces in its entirety the sixth paragraph and corresponding chart appearing under the heading, “INVESTMENT ADVISORY AND OTHER SERVICES – Investment Adviser” of the Statement of Additional Information:

“Pursuant to the Master Investment Advisory Agreement with the Trust, Invesco receives a monthly fee from the Funds calculated at the following annual rates, based on the average daily net assets of the Funds during the year. Each Fund allocates advisory fees to a class based on the relative net assets of each class.

 

Fund Name

  

Net Assets

   Annual Rate  

Liquid Assets Portfolio

   All Assets      0.15

STIC Prime Portfolio

   All Assets      0.15

Treasury Portfolio

   All Assets      0.15

Government & Agency Portfolio

   All Assets      0.10

Government TaxAdvantage Portfolio

   First $250 million      0.20
   Over $250 million to $500 million      0.15
   Amount over $500 million      0.10

Tax-Free Cash Reserve Portfolio

   All Assets      0.20 %” 

Effective June 1, 2016, the following information replaces in its entirety the eighth paragraph and corresponding chart appearing under the heading, “INVESTMENT ADVISORY AND OTHER SERVICES – Investment Adviser” of the Statement of Additional Information:

“Invesco also has contractually agreed through at least December 31, 2016, to waive advisory fees or reimburse expenses to the extent necessary to limit total annual fund operating expense (excluding (i) interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary or non-routine items; and (v) expenses that each Fund has incurred but did not actually pay because of an expense offset arrangement) for the following Funds’ shares:

 

Fund

   Expense Limitation  

Government & Agency Portfolio

  

Cash Management Class

     0.26 %1 

Corporate Class

     0.21

Institutional Class

     0.18

Personal Investment Class

     0.73 %1 

Private Investment Class

     0.48 %1 

Reserve Class

     1.05 %1 

Resource Class

     0.34 %1 

Government TaxAdvantage Portfolio

  

Cash Management Class

     0.26 %1 

Corporate Class

     0.21

Institutional Class

     0.18

Personal Investment Class

     0.73 %1 

Private Investment Class

     0.43 %1 

Reserve Class

     1.05 %1 

Resource Class

     0.34 %1 

 

CM-STIT-SUP-3 040116   


CM-STIT-SUP-3 040116

 

Fund

   Expense Limitation  

Liquid Assets Portfolio

  

Cash Management Class

     0.26 %1 

Corporate Class

     0.21

Institutional Class

     0.18

Personal Investment Class

     0.73 %1 

Private Investment Class

     0.48 %1 

Reserve Class

     1.05 %1 

Resource Class

     0.38

STIC Prime Portfolio

  

Cash Management Class

     0.26 %1 

Corporate Class

     0.21

Institutional Class

     0.18

Personal Investment Class

     0.73 %1 

Private Investment Class

     0.48 %1 

Reserve Class

     1.05 %1 

Resource Class

     0.34 %1 

Tax-Free Cash Reserve Portfolio2

  

Cash Management Class

     0.28 %1 

Corporate Class

     0.23

Institutional Class

     0.20

Personal Investment Class

     0.75 %1 

Private Investment Class

     0.45 %1 

Reserve Class

     1.07 %1 

Resource Class

     0.36 %1 

Treasury Portfolio

  

Cash Management Class

     0.26 %1 

Corporate Class

     0.21

Institutional Class

     0.18

Personal Investment Class

     0.73 %1 

Private Investment Class

     0.48 %1 

Reserve Class

     1.05 %1 

Resource Class

     0.34 %1 

 

1  The expense limit shown is the expense limit after 12b-1 fee waivers.
2  The expense limitation also excludes trustees’ fees and federal registration expenses.”

 

CM-STIT-SUP-3 040116