Invesco V.I. International Growth Fund
Data updated: 2026-08-25
C000209371 — Invesco V.I. International Growth Fund. Holdings, fees, performance and SEC filings.
C000209371 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 Multi-Cap / All-Cap Growth Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: AIM Variable Insurance Funds (Invesco Variable Insurance Funds)
- Category: Developed ex-US Multi-Cap / All-Cap Growth Industrials Equity
- Assets under management: $315.20M
- 1-year return: 8.4%
- SEC CIK: 0000896435
- SEC series ID: S000064662
- Share class ID: C000209371
C000209371 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 to seek capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund will invest at least 65% of its total assets in equity securities of issuers that are domiciled or that have their primary operations in at least three different countries outside of the United States. The Fund may invest 100% of its total assets in securities of foreign companies. The Fund mainly invests in the common stock of growth companies, which are companies considered by the Funds portfolio managers to have potential for earnings or revenue growth. The Fund may invest up to 25% of its total assets in emerging markets , i.e., those that are generally in the early stages of their industrial cycles. The Fund considers an issuer to be located in an emerging market if it is organized under the laws of an emerging country; its principal securities trading market is in an emerging market; at least 50% of the issuers non-current assets, capitalization, gross revenue or profit is derived from assets or activities located in emerging markets (directly or indirectly); or its country of risk is located in an emerging market as determined by a third party service provider.
From time to time, the Fund may place greater emphasis on investing in one or more particular countries, or regions, such as Europe or Asia. The Fund does not limit its investments to issuers within a specific market capitalization range and at times may invest a substantial portion of its assets in one or more particular capitalization ranges. The Fund can also buy preferred stocks, securities convertible into common stocks and other securities having equity features. The Funds portfolio managers look primarily for high growth potential using a bottom up investment approach on a company-by-company basis. That approach looks at the investment performance of individual stocks before considering the impact of general or industry specific economic trends. It includes fundamental analysis of a companys financial statements and management structure and consideration of the companys operations, product development, and industry position.
The portfolio managers currently focus on the following factors, which may vary in particular cases and may change over time: ? companies that the portfolio managers believe have a strong competitive position and high demand for their products or services; ? companies with accelerating earnings growth and cash flow; and ? diversity among companies, industries and countries to help reduce the risks of foreign investing, such as currency fluctuations and stock market volatility. The portfolio managers also consider the effects of worldwide trends on the growth of particular business sectors and look for companies that may benefit from those trends. The trends currently considered include: mass affluence, new technologies, restructuring and aging. The portfolio managers do not invest any fixed amount of the Funds assets according to these criteria and the trends that are considered may change over time.
The portfolio managers monitor individual issuers for changes in the factors above, which may trigger a decision to sell a security, but does not require a decision to do so.
C000209371 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. | 7.86% |
| ASML Holding N.V. | 5.84% |
| SK hynix Inc. | 4.25% |
| Siemens AG | 3.24% |
| BAE Systems PLC | 2.78% |
| Mitsubishi Ufj Financial Group, Inc. | 2.42% |
| Lonza Group AG | 2.40% |
| Advantest Corp. | 2.28% |
| Dollarama Inc. | 2.26% |
| Compass Group PLC | 2.22% |
C000209371 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 class | Allocation |
|---|---|
| Equity | 98.0% |
| Cash & Equivalents | 3.1% |
C000209371 Performance
Total returns for C000209371 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.3% |
| 1 year | 8.4% |
| 3 years (annualised) | 7.8% |
| 5 years (annualised) | 1.6% |
C000209371 Risk Information
Risk metrics for C000209371, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.2%
C000209371 Costs and Fees
C000209371 costs about $125 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.25%
- Gross expense ratio: 1.43%
- Portfolio turnover: 56%
- Brokerage commissions: 14.24 bps of average net assets (SEC N-CEN)
C000209371 Cashflows
Over the 12 months to 2026-06, Invesco V.I. International Growth Fund had net outflows of $24.37K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.44M |
| 2026-05 | −$1.38M |
| 2026-04 | −$3.01M |
| 2026-03 | −$367.59K |
| 2026-02 | −$710.04K |
| 2026-01 | −$9.53M |
C000209371 Debt Constituents
No individual debt constituents are reported in Invesco V.I. International Growth Fund's latest SEC N-PORT filing.
C000209371 Prospectus and SEC Filings
Official Invesco V.I. International Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other Developed ex-US Multi-Cap / All-Cap Growth Industrials 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.