Fund Profile: Invesco True Balance A

Key Information

APIR codeGTU0109AU
StatusOpen
Asset classMultisector Flexible
Responsible EntityInvesco Australia Limited
Fund ManagerInvesco Australia Limited
Investment StructureOpen end
Fund inception28 Feb 2015
Fund size $58,084,231
Entry / exit price (2024-02-29)$1.0619 / $1.0587
Minimum initial$20000
Distribution frequencyAnnually

Objective

What is this fund?

The Fund aims to achieve a positive total return in all market conditions over a rolling 3 year period. The Fund targets a gross return of 5% p.a. above 3 month EURIBOR (or an equivalent reference rate) and aims to achieve this with less than half the volatility of global equities, over the same rolling 3 year period. There is no guarantee that the Fund will achieve a positive return or its volatility target. The Fund seeks to achieve its objective by combining a number of individual investment ideas in a risk-managed portfolio.

Fees

Management Fee % PA0.55%
TCR % PA0.72%
Entry / Exit %- / -
Buy / Sell Spread %0.15 / 0.15