Invesco V.I. S&P 500 Buffer Fund - March Filing Effective

TL;DR

**Invesco's S&P 500 Buffer Fund - March is officially effective, terms finalized.**

AI Summary

AIM VARIABLE INSURANCE FUNDS (Invesco Variable Insurance Funds) filed a 497 form on March 24, 2026, for its Invesco V.I. S&P 500 Buffer Fund - March, specifically for Series I and Series II classes. This filing confirms the effectiveness of definitive materials related to these funds, which are designed to offer buffered exposure to the S&P 500. This matters to investors as it indicates the fund is operational and its terms are finalized, allowing them to understand the specific investment strategy and risk profile of their holdings.

Why It Matters

This filing confirms the operational status and finalized terms for the Invesco V.I. S&P 500 Buffer Fund - March, providing clarity for current and prospective investors on its investment strategy.

Risk Assessment

Risk Level: medium — Buffer funds aim to limit downside risk but also cap upside potential, making them less volatile than direct index investments but still subject to market fluctuations.

Analyst Insight

Investors considering or holding the Invesco V.I. S&P 500 Buffer Fund - March should review the definitive materials to understand the finalized terms, especially regarding the buffer strategy and fee structure, now that the filing is effective.

Key Numbers

• 0000896435 — CIK (Central Index Key for AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS))
• 033-57340 — File No. (Registration statement file number for the fund)
• 2026-03-24 — Filing Date (Date the 497 form was filed and became effective)

Key Players & Entities

• AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) (company) — Filer of the 497 form
• Invesco V.I. S&P 500 Buffer Fund - March (company) — Specific fund detailed in the filing
• 0000896435 (company) — CIK of the Filer
• 2026-03-24 (date) — Filing Date and Effectiveness Date

Forward-Looking Statements

• The Invesco V.I. S&P 500 Buffer Fund - March will continue to operate under the terms outlined in its definitive materials. (Invesco V.I. S&P 500 Buffer Fund - March) — high confidence, target: 2027-03-24

FAQ

Filing Documents

• d77832d497.htm (497) — 10KB
• 0001193125-26-122170.txt ( ) — 11KB
• S000073048
• C000229839
• C000229840

From the Filing

497 SUPPLEMENT DATED MARCH 24, 2026 TO THE CURRENT SUMMARY AND STATUTORY PROSPECTUSES FOR: Invesco V.I. S&P 500 Buffer Fund - March (the "Fund") This supplement amends the Summary and Statutory Prospectuses of the above referenced Fund and is in addition to any other supplement(s), unless otherwise specified. You should read this supplement carefully in conjunction with the Summary and Statutory Prospectuses and retain it for future reference. As described in the Prospectuses, the Fund seeks, over a specified annual outcome period (an "Outcome Period"), to provide investors with returns that match those of the S&P 500 Index (the "Underlying Index") up to an upside cap, while providing a buffer against the first 10% (prior to taking into account any fees and expenses of the Fund) of Underlying Index losses. The Fund's current Outcome Period will end on March 31, 2026, following which the Fund will reset and commence a new Outcome Period beginning April 1, 2026, as shown in the table below. At the beginning of the new Outcome Period, the Cap will reset. The Fund's Cap will be determined at the end of the trading day immediately preceding the first day of the new Outcome Period, or March 31, 2026. As of the date of this Supplement, the Cap for the Fund for the new Outcome Period is expected to be within the range shown in the table below, before and after taking into account the Fund's fees and expenses: New Outcome Period Fund's Current Cap Estimated Cap Range April 1, 2026 to March 31, 2027 13.90% Series I: 11.80% - 19.80% (before Fund fees and expenses) Series II: 11.80% - 19.80% (before Fund fees and expenses) Series I: 11.02% - 18.96% (after Fund fees and expenses) Series II: 10.74% - 18.66% (after Fund fees and expenses) The Fund's Cap is prior to taking into account any fees and expenses of the Fund, as described in the Fund's prospectus. These estimated Cap ranges are based on market conditions as of March 24, 2026. The final Cap could fall outside of this range if there is a material change in market conditions between the date of this Supplement and the date on which the final Cap is established. VISP500M-SUMSTAT-SUP

View Full Filing

View this 497 filing on SEC EDGAR