Statement of Additional Information (“SAI”)
Supplement dated March 30, 2020
The purpose of this
supplement is to provide you with changes to the current SAIs for the Funds listed below:
| Invesco
Government & Agency Portfolio |
Invesco Premier Tax-Exempt
Portfolio |
| Invesco
Government Money Market Fund |
Invesco
Premier U.S. Government Money Portfolio |
| Invesco
Liquid Assets Portfolio |
Invesco
STIC Prime Portfolio |
| Invesco
Oppenheimer Government Cash Reserves Fund |
Invesco
Tax-Free Cash Reserve Portfolio |
| Invesco
Oppenheimer Government Money Market Fund |
Invesco
Treasury Obligations Portfolio |
| Invesco
Oppenheimer V.I. Government Money Fund |
Invesco
Treasury Portfolio |
| Invesco
Premier Portfolio |
Invesco
V.I. Government Money Market Fund |
This supplement amends the SAI for each of the above
referenced funds (each, a “Money Market Fund” and together, the “Money Market Funds”) and is in addition to any other supplement(s), unless otherwise specified. You should read this supplement
in conjunction with the SAI and retain it for future reference.
The following information is added immediately after the 7th paragraph in the section titled “Investment Advisory and Other Services” appearing under the heading
“Investment Adviser” in the SAI:
Invesco has voluntarily undertaken to waive
fees to the extent necessary to assist the Money Market Funds in attempting to maintain a positive yield. There is no guarantee that a Money Market Fund will maintain a positive yield. That undertaking may be amended or rescinded at any time.
The following information is added immediately after the last
paragraph in the section titled “Distribution of Securities” appearing under the heading “Distribution Plan,” as applicable, in the SAI:
Invesco Distributors has voluntarily
undertaken to waive or reduce 12b-1 fees to the extent necessary to assist the Money Market Funds in attempting to maintain a positive yield. There is no guarantee that a Money Market Fund will maintain a positive yield. That undertaking may be
amended or rescinded at any time.
GBL-MM-SAI-SUP-2