Invesco Perpetual Global Targeted Returns - Bronze

FUND RESEARCH UPDATE: New Rating of Bronze

Randal Goldsmith 19 May, 2016 | 6:30AM
Facebook Twitter LinkedIn

Following a recent Morningstar Analyst Ratings meeting, we have initiated coverage of the Invesco Perpetual Global Targeted Returns fund with a Morningstar Analyst Rating™ of Bronze. This benchmark-unconstrained fund is able to use the full range of liquid assets and sophisticated derivatives strategies to meet its target cash plus 5% (gross) over three-year rolling periods with less than half the volatility of global equities. The fund was launched in September 2013, and was on course to meet its target as of March 2016. The fund’s management team, which is amongst the most experienced in running this type of strategy, is a key attraction here. We think they have the necessary skills and back-up from the wider investment team at Invesco Perpetual to navigate this type of mandate well.

See the latest Morningstar fund rating news here.

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Invesco Global Tgtd Rets UK Acc  

About Author

Randal Goldsmith  is a Manager Research Analyst with Morningstar.

© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures