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Click here if you are a financial adviser or paraplanner. Here we aim to provide you with appropriate information and updates, including our firm, our range of retail Funds, and our investment insights. I confirm this is my client type and I agree to and will comply with the Terms and Conditions of this site.

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Click here if you are a member of the public or an individual investor or self-managed super fund. Here we aim to provide you with appropriate information and updates, including our firm, our range of retail Funds, unit prices, and distributions. I confirm this is my client type and I agree to and will comply with the Terms and Conditions of this site.

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Click here if you are a professional investor (e.g. superannuation fund officer or asset consultant). Here we aim to provide you with appropriate information and updates, including our range of institutional investment strategies, our investment professionals, and our investment insights. I confirm this is my client type and I agree to and will comply with the Terms and Conditions of this site.

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Frequently asked questions

Find answers to our frequently asked questions

Question

Answer

Are Invesco mFunds different from non-mFunds?

The only difference is in the way units are purchased and sold, which for mFunds is through the ASX mFund settlement service.

Can an Invesco Fund borrow?

Most Funds are permitted to borrow and to grant security over their assets. The offer document will advise if a Fund’s intention is to borrow for investment purposes or not. Most of our funds do not intend to borrow or raise money in connection with the Fund for investment purposes, but may from time to time borrow for administrative purposes such as to cover timing differences between settlement of sales and purchases of underlying securities, and funding withdrawals.

Can I make regular investments?

The Invesco Monthly Savings Plan is available for both Class R and Class A units. For further information please check the current PDS and the application form (direct debit request for Monthly Savings Plan). Monthly deductions will be made from your Australian bank, building society or credit union account. The minimum Monthly Savings Plan amount is $250.

Can I switch to other Invesco Funds?

You may switch to other Invesco funds provided you continue to meet the minimum investment and balance requirements. Switches will be treated as a withdrawal and reinvestment and are subject to the relevant fund’s minimum investment and balance requirements. Switches may attract a buy-sell spread. Your distribution preferences will carry over to the fund switched into.

Can I transfer my investment?

You can transfer your investment to another person (in whole or part), subject to meeting minimum balance requirements, and provided certain formal requirements relating to the form, execution and delivery of the transfer form and any legal requirements are met. At our discretion, we can refuse to register a transfer

Read more about how to transfer your investment

Can I view my account online?

You can view your account balance, transactions and distribution information through our secure internet facility – Accounts Online.

Read more about how to view your account online

Can you describe Invesco's investment capabilities globally?

One of Invesco Ltd.'s greatest competitive advantages is the combined power of our distinctive worldwide investment management capabilities. We offer diversified investment strategies spanning all major equity, fixed income, asset allocation and alternative asset classes. These strategies are managed across various worldwide investment centres, each of which focuses on distinct asset classes, investment styles or regional expertise and adheres to clearly defined investment philosophies aligned with client expectations. Each team is able to operate independently, allowing them to follow and further their specific investment style and expertise.

Read more about Invesco's investment capabilities globally

Does Invesco have an over-arching investment philosophy?

We believe the best investment insights come from specialised investment teams with discrete investment perspectives, operating under a disciplined philosophy and process with strong risk oversight and quality controls. Our investment-centric culture minimises distractions for our investment professionals and provides them with the technology, tools and platforms they need to navigate markets. Our rewards system aligns pay with investment performance and recognises talent.

Read more about Invesco's over-arching investment philosophy

How are income distribution payments made?

You may elect to have your distribution reinvested in the Fund or paid by direct credit to a nominated Australian bank, building society or credit union account.

How are the prices of units in an mFund product set?

As with all unlisted managed funds, the price of units is set by the fund manager.

How are unitholders taxed?

Each Fund will pay distributions to unitholders at least once per year. Distributions comprise interest, dividend, rent, capital gains, profits on shorting, etc. The intention of each Fund is to distribute all of its assessable income to unitholders each year.

Invesco will then provide a taxation statement to investors advising both the amounts and the components for tax reporting purposes. When you fully or partially withdraw units from the Fund, this is treated as a disposal of your investment and you may be subject to capital gains tax.

Income earned by the Fund from investments outside Australia may be subject to taxation in the country where the income is sourced. For their share of foreign tax paid an Australian resident investor may be able to claim a foreign tax offset against their Australian tax liability.

If you are a non-resident for tax purposes or do not quote your Tax File Number (‘TFN’) or Australian Business Number (‘ABN’) (and do not have a relevant exemption from quoting your TFN or ABN), withholding tax will be deducted from your distributions at the prescribed rates (including Medicare levy if applicable).

Investing in a registered managed investment scheme is likely to have tax consequences. We strongly recommend that you seek professional tax advice before investing in an Invesco Fund.

How do I find a financial planner?

We recommend that private investors use an experienced, qualified financial adviser to assist with their financial circumstances for the long term. More information can be found at www.fpa.asn.au, www.asic.gov.au or www.australianfinancialplanners.com.au

Read more about how to find a financial planner

How do I invest in an Invesco product?

In order to invest with Invesco we require completion of the application form, which can be found in the Literature & Forms section. Send the completed application form, client identification forms and any supporting documentation, together with your cheque, to Reply Paid 4986, Invesco Australia Ltd, Melbourne, VIC 8060. Please see the current PDS for information on cheques, including payee details and acceptable types of cheques. Information regarding minimum investment amounts is also detailed in the PDS. Please note the offer to which the PDS relates is only available to persons receiving a copy of the PDS within Australia.

Read more about how to invest in an Invesco product

How do I make changes to my investment account details?

Changes of address, financial adviser, Tax File Number, distribution method or distribution bank account details may be made in writing to Invesco Australia, Reply Paid 87980, Rhodes, NSW 2138. Requests for changes must be signed by the appropriate signatories. Name changes may need to be supported by the appropriate legal documentation. We will accept account detail changes via fax to Invesco Unit Registry on 02 9287-0323.

How do I order literature by post?

You can order literature by post from the Literature & forms section of this site. Simply click on the checkbox next to each item that you would either like to download from our site in PDF format, or items that you would like us to print and post to you.

Read more about how to order literature by post

How do I redeem my investment?

Please send Invesco a written instruction signed by the appropriate signatories, clearly stating the number of units or the dollar amount you wish to withdraw and account details of your nominated financial institution (original documentation may be required). Redemption payments will be made to a nominated Australian bank, building society or credit union account.

How do I register for Accounts Online?

You can view your account balance, transactions and distribution information through our secure internet facility – Accounts Online.

Read how you can register for our Accounts Online service

How frequently do the Invesco mFunds get valued?

Invesco mFunds are valued daily.

How long does the redemption process take?

Redemption payments will generally be made within ten business days of receipt of a redemption request.

How often do funds pay distributions?

The Fund may distribute income half yearly for the periods ending 30 June and 31 December and at other times as determined by us.

How will the Invesco Australia website recognise who you are?

When you access our site for the first time, read and accept the site Terms & Conditions, choose your audience type or register for our site services, we will place a 'cookie' on your computer. Cookies are a standard mechanism used by many websites to store information on their users' computers.

Read more about how the website recognises who you are

What are Invesco Ltd's strategic priorities?

Invesco Ltd's long-term strategic priorities are outlined below, along with the steps we are taking to achieve them.

Achieve strong investment performance

  • Ensure clearly articulated investment disciplines aligned with client expectations, underpinned by diligent oversight and rigorous quality control processes
  • Create truly enduring investment solutions
  • Foster a culture of investment excellence that attracts, retains and motivates top talent

Deliver our investment capabilities anywhere in the world to meet client needs

  • Delivering the combined power of our distinctive worldwide investment management capabilities globally
  • Strengthen and prioritise our position in prioritised developed and emerging markets
  • Innovate to capitalise on new opportunities

Unlock the power of our global operating platform

  • Act as one firm, not a collection of many
  • Simplify our global operating model
  • Prioritise for profitable growth
  • Continue the diversification of our investment objectives, clients and channels in which we operate

Build a high performance organisation

  • Commit to continuous improvement and performance excellence throughout the organisation
  • Foster a true meritocracy where performance is rewarded
  • Drive greater transparency, accountability and execution at all levels

Read more about Invesco's Ltd's strategic priorities

What are Invesco's main strengths and competitive edge?

Invesco Ltd. is one of the world’s leading independent global investment management firms. With investment management as our only business, we differ from most of our competitors by the global depth and breadth in both our investment management cultures and distribution capabilities. We strongly believe that our independence and sole focus on investment management is key to working with our clients in a consultative manner and delivering high-quality products which aim to produce superior investment performance, whilst offering quality administration and high-quality client service to meet our clients’ needs.

We believe our key differentiators are as follows:

Commitment to investment excellence:
- Investment-centric culture
- Specialized investment teams with discrete investment perspectives
- Disciplined, repeatable investment philosophy and processes with strong risk oversight

Depth of investment capabilities:
- Wide range of traditional and alternative investment capabilities
- Client-driven solutions
- Diverse set of delivery vehicles

Organizational strength:
-
Independent firm solely focused on investment management
- Global presence and deep resources
- Client focus with experienced, consultative professionals

 

 

 

 

 

Read more about Invesco's main strengths and competitive edge

What are Invesco’s role, obligations and rights?

Invesco is the Responsible Entity of all Funds referred to in this PDS. Our duties and obligations to unitholders are imposed, and our functions and powers conferred, by the relevant Fund constitution, the Corporations Act 2001 and general law. We may create separate classes of units within a Fund to which different rights or obligations attach. If we do, we will treat unitholders of different classes fairly. We may retire as responsible entity of any Fund. Part of the procedure involves the calling of a meeting of unitholders to explain the reason for wanting to retire.

What are the management costs in relation to Invesco Funds?

Management costs comprise management fees Invesco charges for overseeing the operations of our Funds and managing each Fund's assets. We also receive fees for administration costs and duties we incur in the proper performance of our duties and in connection with the normal day to day operation of the Fund. These are represented by the Administration costs we charge. Management and administration costs are calculated and accrued daily on the value of a Fund and paid monthly in arrears from the Fund's assets. This fee is for Invesco's investment management services and administration costs and is reflected in the unit price of your investment.

What do we mean by 'acquisition and disposal of units'?

Under the Capital Gains Tax ('CGT') provisions, when a unitholder disposes of their units, whether by withdrawal, switching or transferring units, they may be liable to pay tax on any gain. Certain unitholders may be liable to pay tax on any such gains as ordinary income.

Read more about acquisition and disposal of units

What environmental, ethical and social considerations does Invesco take into account when investing?

In making investment decisions, we may take into account environmental, ethical or social issues and labour standards to the extent they may affect the performance of investments. However, we do not have a policy of selecting or realising investments based specifically on such issues and standards.

What fees does Invesco pay to financial advisers and other persons?

If you have a financial adviser, we may pay commissions to them and other persons approved by us (for example adviser dealer groups) from the fees we receive and at no additional cost to you. If applicable, upfront commission is paid on your initial and any additional investments you make (excluding re-invested distributions) and is calculated on the amount invested. Upfront commission is paid from the Contribution fee we receive. You may negotiate with your adviser to rebate all or part of the commission to you.

Read more about fees

What happens after an investor has bought units in an mFund?

Once the unit's have been purchased via a broker they will receive a welcome letter or pack from the issuer. This will confirm the details of their investment, including the number of units purchased, the price paid and other details specific to the mFund product, such as whether there is an option to reinvest distributions.

What information will I receive while I hold mFund products?

Once the mFund Settlement Service is operational, you will be able to see the current price of units in an mFund product at any time at www.mfund.com.au. Stockbrokers are also expected to make pricing information available through their own portfolio management systems.

What Invesco Funds participate in the mFund Service?

You can find our full listing of participating mFunds here as well as the offer documents and other product information.

What is a buy/sell spread?

When investors make investments in or withdrawals from a Fund, the Fund may need to buy or sell assets. Such transactions incur costs such as brokerage and government taxes, and differ between different asset types and in different countries. A buy (or sell) spread is our estimate of the costs associated with the purchase (or sale) of Fund assets in connection with the purchase or withdrawal of units.

Read more about buy/sell spreads

What is a Financial Adviser?

A financial adviser provides financial advice or guidance to customers, which may include investment management, income tax preparation and estate planning.

What is a folder?

To access our folder functionality, you need to be registered with our site.
A folder is a tool that allows you to gather all sorts of information together into one bundle, and is available wherever you see the option to “add to folder” in the right hand side of the page. This includes:

  • Products
  • Insights and learning articles
  • Biographies
  • Videos

Read more about folders

What is a Fund constitution?

Each Fund constitution sets out the terms and conditions under which it operates, as well as many of the rights, liabilities, duties and obligations of unitholders and Invesco. It also sets out the manner in which unitholder meetings are convened and conducted. We may vary or amend the constitutions without the approval of unitholders where we reasonably consider the change will not adversely affect unitholders' rights. Amendments to the law governing managed investments and relevant ASIC relief can also affect the provisions of each constitution.

What is a researcher?

A researcher may be either an independent firm that researches fund managers' investment products and makes a recommendation and rating on each product (e.g. 'Recommended', 'Investment Grade', etc). Adviser groups (dealer groups and IDPS platforms) may also employ researchers to research and rate manager funds for inclusion on to their Approved Product Lists.

What is an institutional investor?

An institutional investor is an organisation whose primary purpose is to invest its own assets or those it holds in trust for others. Institutional investors may include fund managers, superannuation/pension funds (industry, government or corporate), life companies, universities, banks, etc.

Read more about institutional investors

What is an mFund Product?

It is an unlisted managed fund that is admitted for settlement under the ASX Operating Rules and available to investors through the mFund Settlement Service.

What Is Invesco Ltd's credit rating/financial positioning?

Invesco Ltd. remains financially strong and is in a unique position to take advantage of opportunities in the market. We maintain a strong capital position, significant access to liquidity facilities and a substantial cash position on our balance sheet. Our operating results, investment performance and sales remain strong on a relative basis.

Please refer to the following link for updated ratings information: www.invesco.com/portal/site/global/CreditRatings

What is Invesco Ltd's mission statement?

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.

By delivering the combined power of our distinctive worldwide investment management capabilities, Invesco Ltd. provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the company is listed on the New York Stock Exchange under the symbol ‘IVZ’ and manages more than US$780 billion (A$1 trillion) in assets under management.

Additional information is available at www.invesco.com
NYSE: IVZ; www.invesco.com.

What is Invesco's approach to product development, globally?

We regularly review our existing product line and work to bring quality investments to clients in different regions or channels. Invesco Ltd. offers a comprehensive product line by investment asset class, geography and investment vehicle. From time-to-time, there exist opportunities to expand our product offering.

Read more about Invesco's approach to product development, globally

What is Invesco's organisation culture in terms of its business principles?

Each of Invesco Ltd.’s investment centres has a distinctive culture that reflects the centre’s investment focus, history, location and people. At the same time, employees across our organisation are united in a common mission of helping investors worldwide achieve their financial objectives.

Working together, we are creating a unified culture across our company by acting on a set of shared business principles.

Read more about Invesco's organizational culture

What is Invesco's policy in terms of business continuity and disaster recovery?

Invesco has a Business Continuity Plan (“BCP”) in place. The BCP is maintained on an up-to-date basis. It is tested annually and all results of this testing are reviewed by the Australian Risk Management Committee.

The purpose of the BCP is to maintain critical business activities and minimise the impact of unplanned risk events that have the potential to threaten the achievement of ‘business objectives’. The BCP covers procedures to ensure that critical business units can be restored within acceptable timeframes to a sustainable level following the occurrence of a disaster.

Read more about Invesco's business continuity and disaster recovery policy

What is Invesco's policy in terms of outsourcing?

Invesco Ltd. and its subsidiaries maintain comprehensive disaster recovery and business continuity plans. The cornerstones upon which Invesco Ltd.'s disaster recovery and business continuity risk management practices rest are communications, business planning, back-up technology and facilities and testing.

Read more about our outsourcing policy

What is my "audience type"?

Some pages on our site are created specifically for certain audiences. By selecting your type - Institutional Investor, Financial Adviser, Private Investor or Researcher – you can access the pages that are tailored to you.

Read more about identifying your audience type

What is the application settlement date of the Invesco mFunds?

If we accept an investor's valid instruction before the 11.15 a.m. AEST cut-off time on a Melbourne Business Day, units will generally be issued (or withdrawn) at the entry (or exit) unit price applicable for that day. If we accept a valid instruction at or after the cut-off time, or on a day that is not a Business Day, units will generally be issued (or withdrawn) at the applicable entry (or exit) price for the following Business Day.

What is the application settlement date of the Invesco mFunds?

If we accept an investor's valid instruction before the 11.15 a.m. EST cut-off time on a Melbourne Business Day, units will generally be issued (or withdrawn) at the entry (or exit) unit price applicable for that day. If we accept a valid instruction at or after the cut-off time, or on a day that is not a Business Day, units will generally be issued (or withdrawn) at the applicable entry (or exit) price for the following Business Day.

What is the ASX's role in regard to mFunds?

The role of ASX is to provide a settlement service only.

What is the difference between an mFund, an ETF and a share?

They key difference between mFunds and ETFs and shares is that mFunds allow investors to trade unlisted managed funds while ETFs and shares involve the trading of listed funds and stocks via brokers.

What is the difference between Class R and Class A units?

Class R units are structured to accept investments from individuals and typically have a minimum investment amount of A$2,000.

Class A Funds are structured to accept investments from both individuals and corporations, and typically have a minimum investment amount of A$20,000.

What is the mFund Settlement Service?

It is a service which allows investors to buy and sell managed funds directly with the fund managers via brokers.

What is the redemption settlement date of the Invesco mFunds?

If we accept an investor's valid instruction before the 11.15 a.m. AEST cut-off time on a Melbourne Business Day, units will generally be issued (or withdrawn) at the entry (or exit) unit price applicable for that day. If we accept a valid instruction at or after the cut-off time, or on a day that is not a Business Day, units will generally be issued (or withdrawn) at the applicable entry (or exit) price for the following Business Day. 

 

What is the tax position of Invesco Funds?

An Invesco Fund should not pay tax on the basis that all of its taxable income will be distributed to investors. Investors will be assessed for tax based on their share of the taxable income and any capital gains generated by the Fund. The taxable sum of these components may differ to the amount of cash distribution an investor receives.

Distributions from the Fund may entitle unitholders to franking credits and/or foreign tax credits. Distributions may also include tax deferred amounts or return of capital amounts which may reduce the cost base of your investment for CGT purposes.

What level of security is there on the website?

Any areas of our site that involve personal or investment details being submitted from your computer back to us are protected by a Secure Sockets Layer (SSL). Through this SSL, we automatically encrypt these details before they are sent between your computer and our systems. Therefore, if anyone intercepted these details they would not be able to understand them.

In addition, we store your personal and account information on highly secure servers. To ensure our security levels are maintained, please keep any usernames and passwords you set up for our site in a safe place and do not pass them onto anyone else.

What unit price does my application or redemption receive when transacting with Invesco?

If we accept your valid instruction before 2.30 p.m. on a business day units will generally be issued (or redeemed) at the entry (or exit) unit price applicable for that day. If we accept your valid instruction at or after 2.30 p.m. on a business day, it will generally be issued (or redeemed) at the entry (or exit) unit price applicable for the following business day. The cut off time is by reference to Melbourne time.

(Note: the cut off time on a business day before a Melbourne public holiday is 11 a.m.)

When are withdrawal (redemption) payments paid to investors?

Withdrawal requests are normally paid within 10 days of receipt of the request. Subject to our right to suspend withdrawals or where a Fund is not liquid, we must honour a valid withdrawal request within 30 days of receipt.

Read more about withdrawal payments

When does an Invesco Fund terminate?

Most of our Funds terminate after 80 years from their respective start date. However, they may be terminated earlier either by Invesco notifying investors of the date of termination or by extraordinary resolution at a duly convened meeting of Fund unitholders. On termination of a Fund, we must sell the property of that Fund and distribute the proceeds of sale, less all proper expenses and any tax liability, among unitholders of that Fund on a pro rata basis.

Why did the strategy of the Invesco Wholesale Global Matrix Funds change?

The Funds moved from a quantitative global equity strategy to a fundamental, high conviction global equity strategy, effective from 5th May 2016. Both investment strategies share the same investment objective and benchmark; however they do differentiate in terms of investment style.

 

Read more about the Invesco Wholesale Global Opportunities Funds

Why did the strategy of the Invesco Wholesale Senior Secured Income Fund change?

The Fund’s strategy changed on 14th August 2014 to be more focused on income generation by investing in US senior loans. The Fund’s 3 year, 5 year, 10 year and since inception returns reflect the previous capital protection strategy.

Read more about the Invesco Wholesale Senior Secured Income Fund

Why should I register for the site?

By registering for this site, you gain access to high level content and functionality.

By content we mean things like proprietary thought leadership and strategic papers, as well as full investment reports for certain global funds.

By functionality, we mean things like tailored folders, managing preferences and client log-in for private investors, and  access to our 'SOA Support' page for advisers.

Read more about how to register for the site

Will you collect any further information and what will you do with it?

If you are not logged into the site, whenever you visit a page we will identify this as a 'hit'. However, this will not be personally identifiable as you, and we will only use it to ascertain the number of hits our site has received.

If you are logged into our site, we may collect information about the pages you visit and the services you use. This information will be used to provide you with a personalised view of our site on future visits, giving you easy access to the pages and services in which you are most interested.

Read more about information collected

Will you share or sell my details to other companies?

Any information you provide will be shared by companies who form part of Invesco Ltd. These companies will not use your information for any purpose other than those set out in the Privacy statement.

We will not sell or share any personal or financial information that you provide to us with any other third party. We will also not purchase or otherwise obtain any further personal information about you from any third parties.

Read more about sharing or selling your details to other companies