Invesco V.I. American Franchise Fund - Series I Shares

1 Invesco American Franchise fund - Series I SharesRelease GrowthInvestment Objective & StrategyThe investment seeks capital growth. The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of issuers. It invests primarily in equity securities of mid- and large- capitalization issuers. The principal type of equity security in which the fund invests is common stock. The fund invests primarily in securities that are considered by the fund 's portfolio managers to have potential for earnings or revenue growth. It may invest up to 20% of its net assets in securities of foreign issuers. Past name(s) : Invesco Van Kampen VI Capital Gr Ses and RiskVolatilityas of 03-31-21 LowModerateHighInvestmentCategoryRisk Measures as of 03-31-21 Port AvgRel S&P 500 Rel Cat3 Yr Std Yr RisksEmerging Markets, Foreign Securities, Loss of Money, NotFDIC Insured, Growth Investing, Active Management, Market/Market Volatility, Industry and Sector Investing, Mid-CapImportant InformationMorningstar Investment Profiles must be accompaniedby Morningstar Disclosure and or their affiliates may pay compensation to Voya affiliates offering a fund .

2 Such compensation may be paid outof distribution, service and/or 12b-1 fees that are deductedfrom the fund 's assets, and/or may be paid directly by thefund's affiliates. Any fees deducted from fund assets arediscussed in the fund 's prospectus and disclosed in the fundfact sheet. Because these fees are paid on an on-going basis,over time these fees will increase the cost of your investmentand may cost you more than paying other types of salescharges. If offered through a retirement program, additionalfees and expenses may be charged under that program. NOTA DEPOSIT. NOT FDIC INSURED. NOT INSURED BY ANYFEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THEINSTITUTION. MAY GO DOWN IN AnalysisComposition as of 12-31-20% Style Box as of 12-31-20% Mkt CapLargeMidSmallValue Blend 10 Holdings as of 12-31-20% Inc Inc Group Holding Ltd Holdings Holdings Inc Class Equity Sectors as of 12-31-20% Fundh Basic Consumer Financial Real Communication Consumer Prosp Exp of fund assetsNet Prosp Exp of fund assetsManagement Fee(s) Inception Date07-03-95 Total fund Assets ($mil) Turnover Ratio % Family NameInvescoWaiver DataTypeExp.

3 Date%..Portfolio Manager(s)Erik Voss, CFA. Since Cohen. Since Advisers, 2021 Morningstar, Inc., Morningstar Investment Profiles 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2)may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising fromany use of information. Past performance is no guarantee of future performance. Visit our investment website at (04/21)CN1028811_1221