Please note the Invesco Wholesale Global Targeted Returns Fund transitioned to a new investment strategy, Invesco True Balance Fund on 31 October 2022.

Fund goals

To achieve a positive total return over a market cycle with a low to moderate correlation to traditional financial market indices, targeting a gross return of 6% p.a. above the Bloomberg AusBond Bank Bill Index with 8% p.a. target portfolio volatility.

Fund strategy

The Fund invests in the Invesco Balanced Risk Allocation Fund (the ‘Underlying Fund') and aims to be as close to fully invested as practical at all times.

The Underlying Fund seeks to achieve its objective by gaining exposure to equities, debt and commodities. The Underlying Fund will utilise a strategic and tactical asset allocation process, investing in assets that are expected to perform differently across the three stages of the Market Cycle, namely recession, non-inflationary growth and inflationary growth.

• Firstly, the Investment Manager will balance the risk contribution to assets from each of the stages of the Market Cycle to build the strategic allocation.
• Secondly, the Investment Manager will tactically shift the allocations to each of the assets based on the market environment.

Investor eligibility

This unit class is closed to new investors.

Disclosure documentation

A Product Disclosure Statement is available on request from clientservices.au@invesco.com