Invesco Funds - Invesco Global High Yield Short Term Bond Fund I Monthly Distribution EUR header image

Invesco Funds - Invesco Global High Yield Short Term Bond Fund I Monthly Distribution EUR

Fund

ISIN LU2692274199 / Valor null

NAV (2024-04-03)
EUR 10.25+0.23%

Invesco Funds - Invesco Global High Yield Short Term Bond Fund I Monthly Distribution EUR
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The objective of the Fund is to achieve income and to a lesser extent long-term capital growth. - The Fund intends to gain exposure primarily to short term non-investment grade (lower quality) debt instruments worldwide, including emerging markets debt, convertibles and unrated debt instruments. - The Fund may invest in debt instruments which are in financial distress (distressed securities). - The Fund will apply a risk management overlay in an effort to reduce risk and volatility. - The average portfolio duration of the Fund will normally be between one and three years. - The Fund defines short term as those debt instruments which either have a remaining maturity of less than five years or that the Investment Manager believes will be called by the issuer within 5 years. - The Fund may make significant use of derivatives (complex instruments) in order to (i) reduce the risk and/or generate additional capital or income and/or (ii) meet the Fund’s investment objectives by generating varying amounts of leverage (i.e. where the Fund gains market exposure in excess of the net asset value of the Fund). - The Fund is actively managed and is not constrained by its benchmark, the Bloomberg Global High Yield Corporate 1-5 Year Ba/B Index (Total Return) USD Hedged, which is used for comparison purposes. However, as the benchmark is a suitable proxy for the investment strategy, it is likely that the majority of the issuers in the Fund are also components of the benchmark. As an actively managed fund, this overlap will change and this statement may be updated from time to time. - The Fund has broad discretion over portfolio construction and therefore it is expected that over time the risk return characteristics of the Fund may diverge materially to the benchmark. - Please refer to the Past Performance section below where a benchmark will be displayed if relevant. - The Fund promotes environmental, social and governance (ESG) criteria as covered under Article 8 of the Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector. - You can buy and sell shares in the Fund on any Dealing Day (as defined in the Prospectus). - Any income from your investment will be reinvested.

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Tags:
short term debt distressed securities bloomberg global high yield corporate 1-5 year ba/b index

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