Form 485BPOS AIM VARIABLE INSURANCE
As filed with the Securities and Exchange Commission on June 15, 2026
File No. 333-292052
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-14
REGISTRATION STATEMENT
UNDER
| THE SECURITIES ACT OF 1933 | ||||
| Pre-Effective Amendment No. | ☐ | |||
| Post-Effective Amendment No. 1 | ☒ |
(Check appropriate box or boxes)
AIM Variable Insurance Funds
(Invesco Variable Insurance Funds)
(Exact Name of Registrant as Specified in Charter)
11 Greenway Plaza, Suite 1000, Houston, TX 77046
(Address of Principal Executive Offices) (Number, Street, City, State, Zip Code)
(713) 626-1919
(Registrant’s Area Code and Telephone Number)
Melanie Ringold, Esquire
11 Greenway Plaza, Suite 1000, Houston, TX 77046
(Name and address of Agent for Service)
Copy to:
| Taylor V. Edwards, Esquire Invesco Advisers, Inc. 225 Liberty Street, 15th Fl. New York, NY 10281-1087 |
Matthew R. DiClemente, Esquire Mena Larmour, Esquire Stradley Ronon Stevens & Young, LLP 2005 Market Street, Suite 2600 Philadelphia, PA 19103-7018 |
Approximate Date of Public Offering: As soon as practicable after this Registration Statement becomes effective under the Securities Act of 1933, as amended.
Title of securities being registered: Series I and Series II shares of beneficial interest, without par value, of the Invesco V.I. Global Fund, a series of the Registrant. No filing fee is due because Registrant is relying on Section 24(f) of the Investment Company Act of 1940, as amended.
It is proposed that this filing will become effective immediately upon filing pursuant to Rule 485(b) under Securities Act of 1933, as amended.
PART C
OTHER INFORMATION
| Item 15. | Indemnification | |
| Indemnification provisions for officers, trustees, and employees of the Registrant are set forth in Article VIII of the Registrant’s Fifth Amended and Restated Agreement and Declaration of Trust and Article VIII of its Bylaws, and are hereby incorporated by reference. See Items 28(a) and (b) above. Under the Fifth Amended and Restated Agreement and Declaration of Trust, dated September 20, 2022, as amended (i) Trustees or officers, when acting in such capacity, shall not be personally liable for any act, omission or obligation of the Registrant or any Trustee or officer except by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his office with the Trust; (ii) every Trustee, officer, employee or agent of the Registrant shall be indemnified to the fullest extent permitted under the Delaware Statutory Trust Act, the Registrant’s Bylaws and other applicable law; (iii) in case any shareholder or former shareholder of the Registrant shall be held to be personally liable solely by reason of his being or having been a shareholder of the Registrant or any portfolio or class and not because of his acts or omissions or for some other reason, the shareholder or former shareholder (or his heirs, executors, administrators or other legal representatives, or, in the case of a corporation or other entity, its corporate or general successor) shall be entitled, out of the assets belonging to the applicable portfolio (or allocable to the applicable class), to be held harmless from and indemnified against all loss and expense arising from such liability in accordance with the Bylaws and applicable law. The Registrant, on behalf of the affected portfolio (or class), shall upon request by the shareholder, assume the defense of any such claim made against the shareholder for any act or obligation of that portfolio (or class). | ||
| The Registrant and other investment companies and their respective officers and trustees are insured under a joint Mutual Fund Directors & Officers Liability Policy, issued by ICI Mutual Insurance Company and certain other domestic insurers, with limits up to $100,000,000 and an additional $50,000,000 of excess coverage (plus an additional $30,000,000 limit that applies to independent directors/trustees only) | ||
| Section 16 of the Master Investment Advisory Agreement between the Registrant and Invesco Advisers, Inc. (“Invesco Advisers”) provides that in the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of obligations or duties hereunder on the part of Invesco Advisers or any of its officers, directors or employees, that Invesco Advisers shall not be subject to liability to the Registrant or to any series of the Registrant, or to any shareholder of any series of the Registrant for any act or omission in the course of, or connected with, rendering services hereunder or for any losses that may be sustained in the purchase, holding or sale of any security. Any liability of Invesco Advisers to any series of the Registrant shall not automatically impart liability on the part of Invesco Advisers to any other series of the Registrant. No series of the Registrant shall be liable for the obligations of any other series of the Registrant. | ||
| Section 10 of the Master Intergroup Sub-Advisory Contract for Mutual Funds (the “Sub-Advisory Contract”) between Invesco Advisers, on behalf of Registrant, and each of Invesco Asset Management Deutschland GmbH, Invesco Asset Management Ltd., Invesco Asset Management (Japan) Limited, Invesco Hong Kong Limited, Invesco Senior Secured Management, Inc., Invesco Canada Ltd. and separate Sub-Advisory Agreements with Invesco Capital Management LLC and OppenheimerFunds, Inc. (each a “Sub-Adviser”, collectively the “Sub-Advisers”) provides that the Sub-Adviser shall not be liable for any costs or liabilities arising from any error of judgment or mistake of law or any loss suffered by any series of the Registrant or the Registrant in connection with the matters to which the Sub-Advisory Contract relates except a loss resulting from willful misfeasance, bad faith or gross negligence on the part of the Sub-Adviser in the performance by the Sub-Adviser of its duties or from reckless disregard by the Sub-Adviser of its obligations and duties under the Sub-Advisory Contract. | ||
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| (1) | Incorporated herein by reference to Post-Effective Amendment No. 34, filed electronically on February 11, 2008. |
| (2) | Incorporated herein by reference to Post-Effective Amendment No. 54, filed electronically on April 28, 2011. |
| (3) | Incorporated herein by reference to Post-Effective Amendment No. 61, filed electronically on April 24, 2014. |
| (4) | Incorporated herein by reference to Post-Effective Amendment No. 63, filed electronically on February 9, 2015. |
| (5) | Incorporated herein by reference to Post-Effective Amendment No. 67, filed electronically on April 26, 2016. |
| (6) | Incorporated herein by reference to Post-Effective Amendment No. 81 filed electronically on April 27, 2020. |
| (7) | Incorporated by reference to Post-Effective Amendment No. 137 to AIM Counselor Series Trust (Invesco Counselor Series Trust) Registration Statement on Form N-1A, filed on August 21, 2020. |
| (8) | Incorporated by reference to Post-Effective Amendment No. 191 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on February 22, 2021. |
| (9) | Incorporated by reference to Post-Effective Amendment No. 101 to AIM International Mutual Funds (Invesco International Mutual Funds) Registration Statement on Form N-1A, filed on February 26, 2021. |
| (10) | Incorporated by reference to Post-Effective Amendment No. 192 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on March 30, 2021. |
| (11) | Incorporated by reference to Post-Effective Amendment No. 174 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on February 27, 2019. |
| (12) | Incorporated herein by reference to Post-Effective Amendment No. 83 filed electronically on April 29, 2021. |
| (13) | Incorporated herein by reference to Post-Effective Amendment No. 85 filed electronically on September 7, 2021. |
| (14) | Incorporated by reference to Post-Effective Amendment No. 193 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on February 25, 2022. |
| (15) | Incorporated herein by reference to Post-Effective Amendment No. 86 filed electronically on April 28, 2022. |
| (16) | Incorporated by reference to Post-Effective Amendment No. 105 to AIM Investment Securities Funds (Invesco Investment Securities Funds) Registration Statement on Form N-1A, filed on June 27, 2022. |
| (17) | Incorporated by reference to Post-Effective Amendment No. 174 to AIM Counselor Series Trust (Invesco Counselor Series Trust) Registration Statement on Form N-1A, filed on December 15, 2022. |
| (18) | Incorporated by reference to Post-Effective Amendment No. 195 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on February 28, 2023. |
| (19) | Incorporated herein by reference to Post-Effective Amendment No. 87 filed electronically on April 27, 2023. |
| (20) | Incorporated by reference to Post-Effective Amendment No. 95 to AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds) Registration Statement on Form N-1A, filed on June 27, 2023. |
| (21) | Incorporated by reference to Post-Effective Amendment No. 122 to AIM Sector Funds (Invesco Sector Funds) Registration Statement on Form N-1A, filed on August 25, 2023. |
| (22) | Incorporated herein by reference to Post-Effective Amendment No. 189 to AIM Counselor Series Trust (Invesco Counselor Series Trust) Registration Statement on Form N-1A, filed on December 14, 2023. |
| (23) | Incorporated by reference to Post Effective Amendment No. 104 to AIM International Mutual Funds (Invesco International Mutual Funds) Registration Statement on Form N-1A, filed on February 27, 2024. |
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| (24) | Incorporated by reference to Post Effective Amendment No. 122 to AIM Sector Funds (Invesco Sector Funds) Registration Statement on Form N-1A, filed on August 25, 2023. |
| (25) | Incorporated by reference to Post Effective Amendment No. 197 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on February 27, 2024. |
| (26) | Incorporated by reference to Post-Effective Amendment No. 198 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A on March 27, 2024. |
| (27) | Incorporated herein by reference to Post-Effective Amendment No. 88 filed on April 25, 2024. |
| (28) | Incorporated by reference to Post Effective Amendment No. 105 to AIM International Mutual Funds (Invesco International Mutual Funds) Registration Statement on Form N-1A, filed on October 10, 2024. |
| (29) | Incorporated by reference to Post Effective Amendment No. 203 to AIM Counselor Series Trust (Invesco Counselor Series Trust) Registration Statement on Form N-1A, filed on December 19, 2024. |
| (30) | Incorporated by reference to Pre Effective Amendment No. 1 to Invesco Senior Income Trust Registration Statement of Form N-2, filed on February 7, 2025. |
| (31) | Incorporated by reference to Post-Effective Amendment No. 199 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on February 27, 2025. |
| (32) | Incorporated by reference to Post-Effective Amendment No. 89 filed electronically on April 29, 2025. |
| (33) | Incorporated by reference to Post Effective Amendment No. 109 to AIM International Mutual Funds (Invesco International Mutual Funds) Registration Statement on Form N-1A, filed on August 22, 2025. |
| (34) | Incorporated herein by reference to Registration Statement on Form N-14, filed on December 10, 2025. |
(35) Incorporated herein by reference to the definitive materials on Form 497(b), filed electronically on January 29, 2026.
| (36) | Incorporated by reference to Post Effective Amendment No. 222 to AIM Counselor Series Trust (Invesco Counselor Series Trust) Registration Statement on Form N-1A, filed on February 20, 2026. |
| (37) | Incorporated by reference to Post-Effective Amendment No. 203 to AIM Investment Funds (Invesco Investment Funds) Registration Statement on Form N-1A, filed on March 30, 2026. |
| (38) | Incorporated herein by reference to Post-Effective Amendment No. 90, filed on April 29, 2026. |
| (*) | Filed herewith electronically. |
| Item 17. | Undertakings | |
| (1) The undersigned Registrant agrees that prior to any public reoffering of the securities registered through the use of a prospectus which is a part of this registration statement by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c) of the Securities Act [17 CRF 203.145c], the reoffering prospectus will contain the information called for by the applicable registration form for reofferings by persons who may be deemed underwriters, in addition to the information called for by the other items of the applicable form.
(2) The undersigned Registrant agrees that every prospectus that is filed under paragraph (1) above will be filed as a part of an amendment to the registration statement and will not be used until the amendment is effective, and that, in determining any liability under the 1933 Act, each post-effective amendment shall be deemed to be a new registration statement for the securities offered therein, and the offering of the securities at that time shall be deemed to be the initial bona fide offering of them.
(3) The undersigned Registrant agrees to file by Post-Effective Amendment the opinion of counsel regarding the tax consequences of the proposed reorganization required by Item 16(12) of Form N-14 within a reasonable time after receipt of such opinion. | ||
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SIGNATURES
As required by the Securities Act of 1933, as amended, this Registration Statement has been signed on behalf of the Registrant in the City of Houston and State of Texas on the 15th day of June 2026.
| Registrant: | AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) | |
| /s/ Glenn Brightman | ||
| Glenn Brightman, President | ||
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.
| SIGNATURES |
TITLE |
DATE | ||
| /s/ Glenn Brightman |
President | June 15, 2026 | ||
| (Glenn Brightman) | (Principal Executive Officer) | |||
| /s/ Beth Ann Brown* |
Trustee | June 15, 2026 | ||
| (Beth Ann Brown) | ||||
| /s/ Carol Deckbar* |
Trustee | June 15, 2026 | ||
| (Carol Deckbar) | ||||
| /s/ Cynthia Hostetler* |
Trustee | June 15, 2026 | ||
| (Cynthia Hostetler) | ||||
| /s/ Eli Jones* |
Trustee | June 15, 2026 | ||
| (Eli Jones) | ||||
| /s/ Elizabeth Krentzman* |
Trustee | June 15, 2026 | ||
| (Elizabeth Krentzman) | ||||
| /s/ Jeffrey H. Kupor* |
Trustee | June 15, 2026 | ||
| (Jeffrey H. Kupor) | ||||
| /s/ Anthony J. LaCava, Jr.* |
Trustee | June 15, 2026 | ||
| (Anthony J. LaCava, Jr.) | ||||
| /s/ James Liddy* |
Trustee | June 15, 2026 | ||
| (James Liddy) | ||||
| /s/ Edward Perkin* |
Trustee | June 15, 2026 | ||
| (Edward Perkin) | ||||
| /s/ Teresa M. Ressel* |
Trustee | June 15, 2026 | ||
| (Teresa M. Ressel) | ||||
| /s/ Douglas Sharp* |
Trustee | June 15, 2026 | ||
| (Douglas Sharp) | ||||
| SIGNATURES |
TITLE |
DATE | ||
| /s/ Daniel S. Vandivort* |
Trustee | June 15, 2026 | ||
| (Daniel S. Vandivort) | ||||
| /s/ Adrien Deberghes |
Senior Vice President & | June 15, 2026 | ||
| (Adrien Deberghes) | Treasurer (Principal Financial Officer) |
|||
| By | /s/ Glenn Brightman | |
| (Glenn Brightman) | ||
| Attorney-in-Fact |
| * |
INDEX
| Exhibit Number |
Description | |
| (12) | Opinion of Stradley Ronon Stevens & Young, LLP supporting the tax matters and consequences to shareholders. | |
ATTACHMENTS / EXHIBITS
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