AMENDMENT NO. 17 TO MASTER INVESTMENT ADVISORY AGREEMENT

AMENDMENT NO. 17
TO
MASTER INVESTMENT ADVISORY AGREEMENT

This Amendment dated as of April 30, 2010, amends the Master Investment Advisory Agreement (the “Agreement”) dated September 11, 2000, between AIM Investment Funds, a Delaware statutory trust, and Invesco Advisers, Inc., a Delaware corporation.

W I T N E S S E T H:

WHEREAS, AIM Investment Funds is now named AIM Investment Funds (Invesco Investment Funds); and

WHEREAS, the following Funds have been renamed:


CURRENT NAME		NEW NAME
AIM Balanced-Risk Allocation Fund		Invesco Balanced-Risk Allocation Fund
AIM China Fund		Invesco China Fund
AIM Developing Markets Fund		Invesco Developing Markets Fund
AIM Global Health Care Fund		Invesco Global Health Care Fund
AIM International Total Return Fund		Invesco International Total Return Fund
AIM Japan Fund		Invesco Japan Fund
AIM LIBOR Alpha Fund		Invesco LIBOR Alpha Fund
AIM Trimark Endeavor Fund		Invesco Endeavor Fund
AIM Trimark Fund		Invesco Global Fund
AIM Trimark Small Companies Fund		Invesco Small Companies Fund;

NOW, THEREFORE, the parties agree that;

	1.		All references to AIM Investment Funds in the Agreement are hereby deleted and replaced with AIM Investment Funds (Invesco Investment Funds).

	2.		Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following:

“APPENDIX A
FUNDS AND EFFECTIVE DATES


Name of Fund		Effective Date of Advisory Agreement
Invesco Balanced-Risk Allocation Fund		May 29, ▇▇▇▇

▇▇▇▇▇▇▇ ▇▇▇▇▇ Fund		March 31, 2006

Invesco Developing Markets Fund		September 1, 2001

Invesco Global Health Care Fund		September 1, 2001

Invesco International Total Return Fund		March 31, 2006


Name of Fund		Effective Date of Advisory Agreement
Invesco Japan Fund		March 31, 2006

Invesco LIBOR Alpha Fund		March 31, 2006

Invesco Endeavor Fund		November 3, 2003

Invesco Global Fund		November 3, 2003

Invesco Small Companies Fund		November 3, 2003

Invesco Alternative Opportunities Fund		February 12, 2010

Invesco Commodities Strategy Fund		February 12, 2010

Invesco FX Alpha Plus Strategy Fund		February 12, 2010

Invesco FX Alpha Strategy Fund		February 12, 2010

Invesco Global Advantage Fund		February 12, 2010

Invesco Global Dividend Growth Securities Fund		February 12, 2010

Invesco Health Sciences Fund		February 12, 2010

Invesco International Growth Equity Fund		February 12, 2010

Invesco Pacific Growth Fund		February 12, 2010

Invesco ▇▇▇ ▇▇▇▇▇▇ Emerging Markets Fund		February 12, 2010

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Bond Fund		February 12, 2010

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Equity Allocation Fund		February 12, 2010

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Franchise Fund		February 12, 2010

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Tactical Asset Allocation Fund		February 12, 2010

Invesco ▇▇▇ ▇▇▇▇▇▇ International Advantage Fund		February 12, 2010

Invesco ▇▇▇ ▇▇▇▇▇▇ International Growth Fund		February 12, 2010

APPENDIX B
COMPENSATION TO THE ADVISOR

The Trust shall pay the Adviser, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund.

Invesco Balanced-Risk Allocation Fund


Net Assets	Annual Rate*
First $250 million		0.95	%
Next $250 million		0.925	%
Next $500 million		0.90	%
Next $1.5 billion		0.875	%
Next $2.5 billion		0.85	%
Next $2.5 billion		0.825	%
Next $2.5 billion		0.80	%
Over $10 billion		0.775	%


*		To the extent Invesco Balanced-Risk Allocation Fund invests its assets in Invesco Cayman Commodity Fund I Ltd., a direct wholly-owned subsidiary of Invesco Balanced-Risk Allocation Fund, the Adviser shall not collect the portion of the advisory fee that the Adviser would otherwise be entitled to collect from Invesco Balanced-Risk Allocation Fund, in an amount equal to 100% of the advisory fee that the Adviser receives from Invesco Cayman Commodity Fund I Ltd.

Invesco China Fund
Invesco Developing Markets Fund
Invesco Japan Fund


Net Assets	Annual Rate
First $250 million		0.935	%
Next $250 million		0.91	%
Next $500 million		0.885	%
Next $1.5 billion		0.86	%
Next $2.5 billion		0.835	%
Next $2.5 billion		0.81	%
Next $2.5 billion		0.785	%
Over $10 billion		0.76	%

Invesco Global Health Care Fund


Net Assets	Annual Rate
First $350 million		0.75	%
Next $350 million		0.65	%
Next $1.3 billion		0.55	%
Next $2 billion		0.45	%
Next $2 billion		0.40	%
Next $2 billion		0.375	%
Over $8 billion		0.35	%

Invesco International Total Return Fund


Net Assets	Annual Rate
First $250 million		0.65	%
Next $250 million		0.59	%
Next $500 million		0.565	%
Next $1.5 billion		0.54	%
Next $2.5 billion		0.515	%
Next $5 billion		0.49	%
Over $10 billion		0.465	%

Invesco LIBOR Alpha Fund


Net Assets	Annual Rate
First $1 billion		0.45	%
Next $4 billion		0.425	%
Over $5 billion		0.40	%

Invesco Endeavor Fund
Invesco Small Companies Fund


Net Assets	Annual Rate
First $250 million		0.745	%
Next $250 million		0.73	%
Next $500 million		0.715	%
Next $1.5 billion		0.70	%
Next $2.5 billion		0.685	%
Next $2.5 billion		0.67	%
Next $2.5 billion		0.655	%
Over $10 billion		0.64	%

Invesco Global Fund


Net Assets	Annual Rate
First $250 million		0.80	%
Next $250 million		0.78	%
Next $500 million		0.76	%
Next $1.5 billion		0.74	%
Next $2.5 billion		0.72	%
Next $2.5 billion		0.70	%
Next $2.5 billion		0.68	%
Over $10 billion		0.66	%

Invesco Alternative Opportunities Fund


Net Assets	Annual Rate
All Assets		0.20	%

Invesco Commodities Strategy Fund


Net Assets	Annual Rate
All Assets		0.50	%

Invesco FX Alpha Plus Strategy Fund


Net Assets	Annual Rate**
All Assets		1.10	%


**		The base fee is adjusted upward if, during the most recent 12-month period, the Fund outperforms LIBOR plus 6.00% and adjusted downward if, during the most recent 12-month period, the Fund underperforms LIBOR minus 6.00%. The performance adjustment is 20% of the amount by which the Fund outperforms or underperforms LIBOR plus or minus 6.00%, respectively, during the applicable period. The maximum adjustment over any 12-month period is +0.55% of the Fund’s average net assets over the applicable performance period.

Invesco FX Alpha Strategy Fund


Net Assets	Annual Rate***
All Assets		0.55	%


***		The base fee is adjusted upward if, during the most recent 12-month period, the Fund outperforms LIBOR plus 2.50% and adjusted downward if, during the most recent 12-month period, the Fund underperforms LIBOR minus 2.50%. The performance adjustment is 20% of the amount by which the Fund outperforms or underperforms LIBOR plus or minus 2.50%, respectively, during the applicable period. The maximum or minimum adjustment over any 12-month period is +0.275% of the Fund’s average net assets over the applicable performance period.

Invesco Global Advantage Fund


Net Assets	Annual Rate
First $1.5 billion		0.57	%
Over $1.5 billion		0.545	%

Invesco Global Dividend Growth Securities Fund


Net Assets	Annual Rate
First $1 billion		0.67	%
Next $500 million		0.645	%
Next $1 billion		0.62	%
Next $1 billion		0.595	%
Next $1 billion		0.57	%
Over $4.5 billion		0.545	%

Invesco Health Sciences Fund


Net Assets	Annual Rate
First $500 million		0.92	%
Next $500 million		0.87	%
Over $1 billion		0.845	%

Invesco International Growth Equity Fund
Invesco ▇▇▇ ▇▇▇▇▇▇ International Growth Fund


Net Assets	Annual Rate
First $1 billion		0.75	%
Over $1 billion		0.70	%

Invesco Pacific Growth Fund


Net Assets	Annual Rate
First $1 billion		0.87	%
Next $1 billion		0.82	%
Over $2 billion		0.77	%

Invesco ▇▇▇ ▇▇▇▇▇▇ Emerging Markets Fund


Net Assets	Annual Rate
First $500 million		1.25	%
Next $500 million		1.20	%
Next $1.5 billion		1.15	%
Over $2.5 billion		1.00	%

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Bond Fund


Net Assets	Annual Rate
First $500 million		0.625	%
Next $500 million		0.60	%
Next $1 billion		0.575	%
Next $1 billion		0.55	%
Over $3 billion		0.50	%

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Equity Allocation Fund


Net Assets	Annual Rate
First $750 million		1.00	%
Next $500 million		0.95	%
Over $1.25 billion		0.90	%

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Franchise Fund


Net Assets	Annual Rate
First $500 million		0.80	%
Next $500 million		0.75	%
Over $1 billion		0.70	%

Invesco ▇▇▇ ▇▇▇▇▇▇ Global Tactical Asset Allocation Fund


Net Assets	Annual Rate
First $750 million		0.75	%
Next $750 million		0.70	%
Over $1.5 billion		0.65	%

Invesco ▇▇▇ ▇▇▇▇▇▇ International Advantage Fund


Net Assets	Annual Rate
First $500 million		0.90	%
Next $500 million		0.85	%
Over $1 billion		0.80	%"

In all other respects, the Agreement is hereby confirmed and remains in full force and effect.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above.


			AIM INVESTMENT FUNDS
			(INVESCO INVESTMENT FUNDS)

Attest:	/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇	By:	/s/ ▇▇▇▇ ▇. ▇▇▇▇
	Assistant Secretary		▇▇▇▇ ▇. ▇▇▇▇
			Senior Vice President

(SEAL)

			INVESCO ADVISERS, INC.

Attest:	/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇	By:	/s/ ▇▇▇▇ ▇. ▇▇▇▇
	Assistant Secretary		▇▇▇▇ ▇. ▇▇▇▇
			Senior Vice President

(SEAL)

AMENDMENT NO. 17 TO MASTER INVESTMENT ADVISORY AGREEMENT

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