Global

Management

Cash Briefing Invesco Advantage – Strategies for the Institutional February 2010

BENEFITS OF FUNDS IN A LOW RATE ENVIRONMENT

Money market funds play a crucial role in providing financing for individuals, businesses and governments. They are mutual funds that hold high-quality, short-term securities. Money market funds offer institutional greater diversification, limited risk, enhanced liquidity and stability providing better use of time, unlike individual securities.

Money Market Funds vs Direct Securities

Diversification Unlike individual securities, money market funds have automatic, built-in diversification which limits the and liquidity risk taken in a portfolio while maximizing yield. A well diversified portfolio may relieve the stress of worrying about any single credit’s exposure in the marketplace.

Risk Money market funds offer a variety of risk profiles depending on risk tolerance. Regulatory and Rating Agencies’ guidelines as well as internal policies set strict requirements regarding the credit quality and maturity of eligible investments and the diversification of the fund’s portfolio. Invesco’s money market funds purchase only Tier 1 securities for the funds’ portfolios, thus limiting the risk therein.

Liquidity Unlike individual securities and depository programmes, Invesco’s institutional money market funds offer same day liquidity. Daily access to balances paid out on same day funds means cash balances are available when needed and extended same day settlement times give institutional investors access to their cash after many other markets have closed. Additionally there are no restrictions, limitations, penalties or fees for withdrawing cash balances.

Time Management Managing cash on a daily basis can be a time consuming process. With no collateral to price, less time chasing rates, automatic rollover of balances and reinvestment of earnings, money market funds are a more efficient vehicle for short-term earnings over individual securities. Due to their short-term maturities, money market funds are often able to take advantage of changes in the yield curve more quickly than other investment; if assets are tied up in securities that cannot be redeem quickly, performance opportunities can be missed. Invesco’s substantial presence in the overnight market can, at times, secure better rates than individual investors.

Stability Money market funds provide a stable net asset value of $1, £1 or €1 per share coupled with a competitive current income consistent with the preservation of capital and liquidity in a risk managed environment. Invesco Global Cash Management’s stringent credit standards and portfolio diversification can add an additional layer of stability relative to holding a direct .

The Strength Behind Invesco Global Cash Management

Invesco Global Cash Management Highlights  Part of a division with 30 years of experience managing institutional money market funds, offering 15 funds across multiple currencies that are domiciled in the US, Canada and Dublin.  The Dublin domiciled funds are rated triple-A1 rated by Standard & Poor’s, Moody’s and/or FitchRatings.  All Invesco’s money market funds offer same day settlement on purchases and redemptions.  Dedicated Shareholder Services Desk in London to service all trading needs.

Innovative Technology Solutions  AIM LINK, dedicated online system with real-time trading and performance retrieval access.  The Dublin domiciled funds are accessible via a range of bank fund platforms and independent money market fund portals.  Asian trading hub for US dollars (at BNY Mellon Singapore) enables same day trading in Asian time zone.

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Global Cash

Management

Advanced Credit Research  Nine dedicated credit analysts researching and monitoring all counterparties for ‘Approved Investments’ List *.  Internal credit team is separate from portfolio management.  Rigorous credit process of underlying securities - Portfolio managers can only purchases securities on Invesco Global Cash Management’s Approved List.  Continual internal monitoring of each portfolio - Senior Research Committee meets weekly to assess the portfolios and discuss market conditions.  Extensive third-party reviews by Standard & Poor’s, Moody’s and FitchRatings.

Proven Portfolio Management  Team approach to management, 11 portfolio managers averaging 18 years of experience*.  Portfolios are diversified at multiple levels, including overall exposure to security and sector types and industry.  Available for client conference calls and questions.

1 Fund ratings are subject to change and are based on several factors including, an analysis of a portfolio’s overall credit quality, market price exposure and management. Fund ratings are provided to indicate the credit worthiness of the underlying holdings in the portfolio and generally range from AAA (highest) to D (lowest).

* Data Source: Invesco Aim As at 31 January 2010

If you would like more information, please contact Invesco Global Cash Management at 30 Finsbury Square, London EC2A 1AG Telephone +44 207 065 3003 Web site www.invescoglobalcash.com

This document is for Professional Clients only. It is intended for distribution to persons who may lawfully receive it, without the document or the investments referred to in it being approved, authorised, licensed or registered in any country, territory or jurisdiction. Accordingly, persons who access it are required to inform themselves of and to comply with any such restrictions. This document should not be distributed or redistributed to any other person.

Shares in Short-Term Investments Company (Global Series) plc (“STIC Global”) may not be offered or sold, directly or indirectly, in the United States, its territories or possessions, or to US citizens or residents. The information contained herein does not constitute an offer of or invitation to apply for shares and should be read in conjunction with the Full Prospectus and Simplified Prospectuses for STIC Global which can be obtained from Invesco Global Cash Management, 30 Finsbury Square, London EC2A 1AG. Investors should note that although STIC Global seeks to maintain a stable net asset value, the value of the investment could vary and the income from it will fall as well as rise. Past performance is not a guide to future returns. All data is sourced from Invesco unless otherwise stated.

This document is issued by Invesco Global Cash Management, a division of Invesco Asset Management Limited in the UK, authorised and regulated by the Financial Services Authority.

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