InvescoGlobalRealEstateFund.PDF

Mutual Fund Retail Share Classes Data as of March 31, 2017 Invesco Global Real Estate Fund Quarterly Performance Commentary Nasdaq: A: AGREX C: CGREX Y: ARGYX Investment Objective Market overview - Global economic data supports generally moderate growth and muted inflation. The fund seeks total return through growth of - The US Federal Reserve raised interest rates in March and has signaled future interest rate capital and current income. increases in 2017 based on US economic health. - Key government bond yields were relatively flat, while global equities had positive Portfolio Management performance for the quarter. - Overall, US REITs were affected by weak performance of mall and retail-focused companies. Joe V. Rodriguez, Jr., Mark Blackburn, James - In Europe, REITs generally underperformed broader equities, with smaller cap companies Cowen, Paul S. Curbo, Darin Turner, Ping-Ying tending to lead real estate results. Wang - In Asia, Japanese developers were weak as the yen strengthened. - In contrast, the improving Chinese economy increased investors’ risk appetites in Hong Kong Portfolio Information