Invesco Wholesale Global Targeted Returns Fund- Class A
About this Fund
|FUND MANAGER||Invesco Asset Management|
|INVESTMENT STYLE||The Fund invests in the Invesco Global Targeted Returns Fund - Class I (distributing) a sub-fund of Invesco Funds, SICAV, that is hedged in Australian Dollars.|
|INVESTMENT PROFILE||The Fund seeks to achieve a positive total return in all market conditions, targeting a gross return of cash +5% p.a. with less than half the volatility of global equities over rolling three-year periods.|
|CURRENCY MANAGEMENT||Hedged (in the Underlying Fund)|
|BENCHMARK||Bloomberg AusBond Bank Bill Index (Australian pooled Fund) / Euribor 3M (underlying Luxembourg strategy)|
|FUND SIZE||Bloomberg AusBond Bank Bill Index (Australian pooled Fund) / Euribor 3M (underlying Luxembourg strategy)|
|NO. OF HOLDINGS||20-30|
Benefits of investing in the Invesco Wholesale Global Targeted Returns Fund- Class A
Value for money
Access to money
Know what you own
Trusted investment manager
About the Fund
The Fund, managed by Invesco's UK-based Multi Asset team, is a benchmark-agnostic, multi-asset offering that explores fundamental themes and ideas and blends them together into an appropriately diversified and risk-managed portfolio. Each investment idea is evaluated over a 2-3 year time frame, and each idea is constructed based on its own valuation and fundamental attributes.
The Fund typically comprises 20-30 investment ideas including both relative value and directional trades across a wide range of assets, broadly categorised as equities, rates, currencies, credit and volatility. This includes investing in warrants, collective investment schemes, commodities and derivatives across established, developing or emerging markets.
The Fund aims to achieve a positive total return in all market conditions over a rolling three-year period. By investing in the Class I (distributing) (Australian dollar hedged) of the Underlying Fund, the Fund targets a gross return of 5% per annum above the Bloomberg AusBond Bank Bill Index and aims to achieve this with less than half the volatility of global equities (referencing the MSCI World Index), over the same rolling three-year period. This is a statement of objective only and there is no guarantee that the Fund will achieve a positive return or its volatility target.
About the Investment Manager
Invesco Asset Management Limited (IAM' or the Investment Manager') also forms part of Invesco Ltd, and is located in Perpetual Park in Henley-on-Thames in the United Kingdom. IAM is the investment manager for the Underlying Fund.
IAM's Multi Asset team, being located at Invesco Perpetual's world class investment centre, leverages the cross-asset class expertise of the likeminded investment professionals that surround them as well as Invesco group's global and local investment expertise. The Multi Asset team do not manage any strategies other than the Global Targeted Returns strategy.
How we invest your money
The Fund invests in the Underlying Fund, and aims to be as close to fully invested as practical at all times. It may hold up to 5% of its assets in cash.
The Underlying Fund seeks to achieve its objective by combining a number of individual investment ideas in a risk-managed portfolio.
Each idea is selected based on a 2-3 year investment horizon from across economic areas and from different asset types including, but not limited to equities, credit, interest rates, currencies, commodities, inflation, real estate securities and/or volatility. The investment ideas are selected by the Investment Manager after extensive research, which incorporates their central economic thesis, analytical outputs and the views of other investment professionals within the organisation.
The implementation of the investment ideas in the Underlying Fund can take two different forms: (i) market exposure, which can be taken via investment in eligible collective investment schemes or directly in eligible assets or by (ii) the use of Derivatives, which includes but is not limited to directional long/short or pair trades. Some ideas can use a combination of direct exposure and Derivatives to achieve the desired outcome.
Asset ranges for the Underlying Fund
The Underlying Fund can invest in a range of assets and indices or may invest via UCITS.
There is no restriction or bias in relation to geographic location of any assets of the Underlying Fund.