Invesco Aim Management Group Inc., said its Invesco Aim Advisors Inc. of Houston has approved the reopening of the Aim International Small Company Fund.
The fund will reopen to all investors on Nov. 3, the Invesco Ltd. unit said Monday.
Invesco Aim Management said the small-cap fund is being reopened because space is now available, allowing the management team to take advantage of the growing attractive valuations among international small-cap stocks.
The fund was launched in August 2000, but access was restricted to current shareholders and retirement plans in March 2005. The fund had about $317 million of assets under management as of Sept. 30.
Invesco Aim Management oversees a range of products, including mutual funds, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans, and offshore products.