16th May 2014
Invesco Perpetual launch Global Distribution fund
Invesco Perpetual have launched a Global Distribution fund, the majority of which will be invested in global corporate and government bonds. The remainder (around 40%) will be invested in global equities, with a focus on dividend growth.
The bond part of the portfolio is managed by the Paul Causer and Paul Read, who also run the Elite Rated Invesco Perpetual Monthly Income Plus and Invesco Perpetual Corporate Bond funds.The equity part of the portfolio is run by the group's global equity income team, headed by Nick Mustoe, their chief investment officer.
The fund is expected to yield approximately 4.5%. Income will be paid monthly and is not guaranteed.
A spokesperson for Invesco said: “Finding opportunities for attractive levels of income and capital growth, without excessive levels of risk, can be difficult in the current environment. Investing in both bonds and equities through a mixed-asset, actively managed fund, is one way of achieving this, whilst giving greater diversification than investing in a single asset class.”
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