The enrollment-based portfolios invest all their assets in an underlying AIM Allocation fund. The AIM Allocation funds are each a "fund of funds" that invest their assets in other underlying AIM mutual funds.

The advisor may change the fund's asset class allocations, the underlying funds or the target weightings in the underlying funds at its discretion.

The fund is a "fund of funds," which means that it invests in assets in other underlying mutual funds advised by Invesco Aim Advisors, Inc.

The fund is subadvised by Invesco Trimark Investments (Invesco Trimark), one of Canada's largest mutual fund companies. The fund is distributed by Invesco Aim Distributors, Inc.

The portfolio invests in an underlying fund that can invest a portion of its assets in mortgage-backed securities, which may lose value if mortgages are prepaid in response to falling interest rates.

The prices of and the income generated by securities held by the underlying funds may decline in response to certain events, including those directly involving the companies whose securities are owned by the underlying funds, general economic and market conditions, regional or global economic instability, and currency and interest rate fluctuations.

The ability of an issuer of a floating rate loan or debt security to repay principal prior to maturity can limit the potential for gains by the underlying AIM Floating Rate Fund and may adversely affect its yield.

The advisor has the ability to select and substitute the underlying funds in which the fund invests, and may be subject to potential conflicts of interest in selecting underlying funds because it may receive higher fees from certain underlying funds than others. However, as a fiduciary to the fund, the advisor is required to act in the fund's best interest when selecting the underlying funds.

The values of convertible securities in which an underlying fund may invest will be affected by market interest rates, the risk that the issuer may default on interest or principal payments and the value of the underlying common stock into which these securities may be converted.

Prices of equity securities change in response to many factors including the historical and prospective earnings of the issuer, the value of its assets, general economic conditions, interest rates, investor perceptions and market liquidity.

Some underlying funds may invest some of their assets in debt securities. Changing interest rates and changes in effective maturities and credit ratings may affect the values of and the income generated by these debt securities.

Investors will bear not just their share of the funds' operational expenses, but also, indirectly, the operating expenses of the underlying funds.

Some of the underlying funds may be non-diversified, which increases risk as well as potential reward.

Some of the underlying funds may invest in smaller companies which involve risks not associated with investing in more established companies, such as business risk, stock price fluctuations and illiquidity.

Some of the underlying funds may participate in the initial public offering (IPO) market in some market cycles. If the underlying funds have a smaller asset base, any investment an underlying fund may make in IPOs may significantly affect the fund's total return.

Some underlying funds may buy or sell currencies other than the U.S. dollar in order to capitalize on anticipated changes in exchange rates. There is no guarantee that these investments will be successful.

There is no guarantee that the investment techniques and risk analyses used by the underlying fund's portfolio managers will produce the desired results.

Some underlying funds may engage in active and frequent trading of portfolio securities which may cause it to incur increased costs, which can lower the actual return of the underlying fund. Active trading may also increase short term gains and losses, which may affect the taxes that must be paid.

Some underlying funds may invest in "value" stocks which can continue to be inexpensive for long periods of time and may not ever realize their full value.

Some of the underlying funds may invest in "growth" stocks, which tend to be more sensitive to changes in their earnings and can be more volatile than other types of stocks.

Some of the underlying funds may invest in senior secured floating rate loans and debt securities that require collateral. There is a risk that the value of the collateral may not be sufficient to cover the amount owed, collateral securing a loan may be found invalid, and collateral may be used to pay other outstanding obligations of the borrower under applicable law or may be difficult to sell. There is also the risk that the collateral may be difficult to liquidate, or that a majority of the collateral may be illiquid.

There is a risk that the advisor's evaluations and assumptions regarding the fund's broad asset classes or the underlying funds in which the fund invests may be incorrect based on actual market conditions. There can be no assurance that the underlying funds will achieve their investment objectives, and the performance of the underlying funds may be lower than the asset class which they were selected to represent. The underlying funds may change their investment objectives or policies without the approval of the fund. If that were to occur, the fund might be forced to withdraw its investments from the underlying funds at a time that is unfavorable to the fund.

The underlying funds may invest in lower-quality debt securities, commonly known as "junk bonds." Compared to higher quality debt securities, junk bonds involve greater risk of default or price changes due to changes in credit quality of the issuer because they are generally unsecured and may be subordinated to other creditors' claims. Credit ratings on junk bonds do not necessarily reflect their actual market risk.

The underlying funds may invest in high-coupon U.S. government agency mortgage-backed securities that provide a higher coupon and may be purchased at a premium. If these securities experience a faster principal prepayment rate than expected, both market value and income from such securities will decrease.

The underlying funds may invest in obligations and instrumentalities of the U.S. Government that may vary in the level of support they receive from the U.S Government. The U.S. Government may choose not to provide financial support to U.S. Government sponsored agencies or instrumentalities if it is not legally obligated to do so, in which case, if the issuer defaulted, the underlying fund holding securities of such issuer might not be able to recover its investment from the U.S Government.

The underlying funds may use enhanced investment techniques such as leveraging and derivatives. Leveraging entails special risks such as magnifying changes in the value of the portfolio's securities. Derivatives are subject to counter party risk-the risk that the other party will not complete the transaction with the fund

Foreign securities have additional risks, including exchange rate changes, political and economic upheaval, the relative lack of information about these companies, relatively low market liquidity and the potential lack of strict financial and accounting controls and standards.

If the seller of a repurchase agreement in which an underlying fund invests defaults on its obligation or declares bankruptcy, the underlying fund may experience delays in selling the securities underlying the repurchase agreement.

Investing in emerging markets involves greater risk and potential reward than investing in more established markets. Risks for emerging markets include, for instance, risks relating to the relatively smaller size and lesser liquidity of these markets, high inflation rates and adverse political developments.

The AIM College Savings Plan^® is sponsored by the State of Nebraska and administered by the Nebraska State Treasurer. The AIM College Savings Plan offers a series of investment portfolios within the Nebraska Educational Savings Plan Trust (plan issuer), which offers other investment portfolios not affiliated with The AIM College Savings Plan. The AIM College Savings Plan is intended to operate as a qualified tuition program, pursuant to section 529 of the U.S. Internal Revenue Code.

The Nebraska State Treasurer serves as trustee of The AIM College Savings Plan; Invesco Aim Capital Management, Inc. serves as the investment manager, with the oversight of the Nebraska Investment Council; Invesco Aim Distributors, Inc. serves as the distributor; and Invesco Aim Investment Services, Inc. serves as the servicing agent. Union Bank & Trust Company serves as program manager.

Participation in the plan does not guarantee that contributions and the investment earnings, if any, will be adequate to cover future tuition and other higher education expenses or that a beneficiary will be admitted to or permitted to continue to attend an eligible educational institution.

This material is not an offer to sell or a solicitation of an offer to buy any securities. Any offer to sell shares within the plan may only be made by the Enrollment Handbook and Participation Agreement relating to the plan.

Neither the State of Nebraska nor the Nebraska State Treasurer nor the Nebraska Investment Council nor the program manager shall have any debt or obligation to any contributor, any beneficiary or any other person as a result of the establishment of the plan, nor will these entities assume any risk or liability for mutual funds in which the plan invests.

Investments in the plan are not guaranteed or insured by the FDIC, Invesco Aim Capital Management, Inc., the State of Nebraska, the Nebraska State Treasurer, the Nebraska Investment Council, the Trust, Union Bank & Trust Company, any of their respective affiliates, directors, officers or agents, or any other entity. Contributors to the plan assume all investment risk, including the potential loss of principal and liability for penalties such as those assessed on nonqualified withdrawals.

The information presented in this document does not constitute tax advice. Please consult your tax advisor for specific information about your tax situation, including any state tax consequences of an investment.

State and local tax laws vary. Before investing, non-Nebraska residents should consider the state tax and other benefits that may only be available for investments in a qualified tuition program offered by the home state of the investor or designated beneficiary.