Invesco Launches Invesco Global Opportunities Fund and Invesco Select Opportunities Fund
HOUSTON, Aug. 6, 2012 /PRNewswire/ -- Invesco today announced the launch of Invesco Global Opportunities Fund (IAOPX) and Invesco Select Opportunities Fund (IZSAX) as strategic additions to its U.S. open-end mutual fund equity product line.
Invesco Global Opportunities Fund is the first Invesco (IIC) mutual fund available to U.S. retail investors managed by investment professionals at Invesco Perpetual, one of the largest independent investment managers in the UK. The fund will be managed by Perpetual's Global Equity Group, led by Perpetual CIO Nick Mustoe.
The Fund's management team places an emphasis on stock valuation, searching more than 40 markets around the world for compelling investment opportunities regardless of geography, market capitalization, sector and style. Those opportunities are subject to fundamental research and are then vetted through a rigorous process of dialogue and debate resulting in the construction of a concentrated portfolio with 40-60 holdings.
Invesco Select Opportunities Fund will be managed by a three-person team led by Rob Mikalachki, Head of Small-Cap Equities for Trimark Investments at Invesco Canada.
The Fund invests in a portfolio of small capitalization companies from around the world with demonstrated growth potential that are attractively priced relative to their prospective earnings and cash flow. Fund managers view themselves as business people buying businesses and consider the purchase of a stock as the purchase of an ownership interest in a business.
Invesco Global Opportunities Fund & Invesco Select Opportunities Fund
The Fund(s) are subject to the risks associated with its investments in foreign and developing countries. These risks include, but are not limited to adverse political situations, less government oversight, currency fluctuations, decreased liquidity and possible instability.
The Fund(s) investment in small and mid-capitalization stocks may be subject to greater risks and illiquidity than investments in more established large-cap companies.
Invesco Select Opportunities Fund
The Fund is considered non-diversified and may be subject to greater volatility than a more diversified investment
The Fund's investment in Debt securities are subject to the risks associated with fluctuating interest rates, maturities, and credit quality.
The Fund may invest in US Government obligations that may receive varying levels of support from the government.
About Invesco Ltd.
Invesco is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco 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. Additional information is available at www.invesco.com.
Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds.
NOT FDIC INSURED, MAY LOSE VALUE, OFFER NO BANK GUARANTEEBefore investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should ask their advisers for a prospectus/summary prospectus.