Invesco V.I. International Growth Fund

Data updated: 2026-08-25

C000000411 — Invesco V.I. International Growth Fund. Holdings, fees, performance and SEC filings.

C000000411 Fund Overview

Invesco V.I. International Growth Fund is a US mutual fund managed by AIM Variable Insurance Funds (Invesco Variable Insurance Funds), categorised as Developed ex-US Large Cap Growth Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

C000000411 Investment Objective and Strategy

Invesco V.I. International Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by AIM Variable Insurance Funds (Invesco Variable Insurance Funds).

Investment objective

The Funds investment objective is long-term growth of capital.

Principal investment strategy

The Fund invests, under normal circumstances, at least 80% of its net assets, plus borrowings for investment purposes, in equity securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund invests primarily in equity securities (including depositary receipts) of foreign issuers. The principal types of equity securities in which the Fund invests are common and preferred stock. The Funds common stock investments also include China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). Under normal circumstances, the Fund will provide exposure to investments that are economically tied to at least three different countries outside of the U.S. The Fund may also invest up to 1.25 times the amount of the exposure to emerging markets countries in the MSCI ACWI ex USA Index.

Emerging market countries are those that are generally in the early stages of their industrial cycles. The Fund invests primarily in securities of issuers that are considered by the Funds portfolio managers to have potential for earnings or revenue growth. The Fund invests primarily in the securities of large-capitalization issuers and may invest a significant amount of its net assets in the securities of mid-capitalization issuers. The Fund can invest in derivative instruments, including forward foreign currency contracts and futures contracts. The Fund can use forward foreign currency contracts to seek to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated. The Fund can use futures contracts to gain exposure to the broad market in connection with managing cash balances or to seek to hedge against downside risk.

The portfolio managers strategy primarily focuses on identifying issuers that they believe have a strong EQV profile. The portfolio managers EQV investment approach focuses on Earnings, demonstrated by sustainable earnings growth; Quality, demonstrated by efficient capital allocation; and Valuation, demonstrated by attractive prices. The portfolio managers employ a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends. The Funds portfolio managers may consider selling a security for several reasons, including when (1) its price changes such that they believe it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more compelling investment opportunity is identified.

C000000411 Holdings

Top 10 holdings of Invesco V.I. International Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
Taiwan Semiconductor Manufacturing Co. Ltd.6.42%
Samsung Electronics Co., Ltd.3.38%
Investor AB2.90%
Keyence Corp.2.84%
ASM International N.V.2.44%
ASML Holding N.V.2.32%
Legrand2.29%
Panasonic Holdings Corp.2.05%
MediaTek Inc.1.93%
BAE Systems PLC1.90%

View all C000000411 holdings

C000000411 Portfolio Allocation

Asset-class allocation of Invesco V.I. International Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset classAllocation
Equity98.5%
Cash & Equivalents3.7%

C000000411 Performance

Total returns for C000000411 (as of 2026-10-01), from SEC filings.

PeriodTotal return
YTD10.8%
1 year15.5%
3 years (annualised)10.4%
5 years (annualised)4.3%

C000000411 Risk Information

Risk metrics for C000000411, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 14.8%

C000000411 Costs and Fees

C000000411 costs about $115 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.15%
  • Gross expense ratio: 1.15%
  • Portfolio turnover: 63%
  • Brokerage commissions: 16.07 bps of average net assets (SEC N-CEN)

C000000411 Cashflows

Over the 12 months to 2026-06, Invesco V.I. International Growth Fund had net outflows of $39.99M, from monthly SEC N-PORT filings.

MonthNet flow
2026-06−$16.53M
2026-05−$3.03M
2026-04−$4.28M
2026-03−$18.62M
2026-02−$17.39M
2026-01−$12.74M

C000000411 Debt Constituents

No individual debt constituents are reported in Invesco V.I. International Growth Fund's latest SEC N-PORT filing.

C000000411 Prospectus and SEC Filings

Official Invesco V.I. International Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Developed ex-US Large Cap Growth Information Technology Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.