The Luxembourg-domiciled fund, which was officially launched on 12 November, is actively managed by fixed-interest team co-heads Paul Causer and Paul Read. The duo will work alongside Invesco’s global equity income team under Nick Mustoe, who joined Invesco as chief investment officer in 2013.
Sitting under the SICAV umbrella, the Invesco Global Income Fund primarily invests in investment grade and non-investment grade debt, including debt issued by companies, governments and international companies. It also invests in derivatives on credit, rates, equities and currencies.
Invesco said the exposure of the fund can be up to twice its value “reflecting the use of derivatives”.
The fund is not constrained by a benchmark, it is available in 13 different share classes, including and an accumulation option in various currencies.
There is no performance fee for investing in the fund, but it has a 5% entry charge and an ongoing charge of 1.74%.
Morningstar, Bloomberg and Reuters all have the latest prices for the fund on their websites.
