Toronto-based Invesco Canada Ltd. has launched two new funds on Thursday that aim to produce income for investors: Invesco Global Bond Fund and Trimark Global Diversified Income Fund.
Invesco Global Bond Fund is an actively managed, global fixed-income strategy focused on delivering income and growth. It invests primarily in the investment-grade debt securities of governments, corporations and other issuers from around the world. At least 75% of the portfolio is allocated to investment-grade bonds and the fund may also invest up to 25% of assets in debt securities that are rated below investment grade.
The fund is being managed by Michael Hyman, head of investment-grade portfolio management for Invesco Canada’s fixed-income team; Matthew Brill, senior portfolio manager with Invesco’s fixed-income team; and Ray Uy, head of macro research and global multi-sector portfolio management with the firm’s fixed-income team.
“Adding high-quality global bonds to a portfolio may help to provide income and diversify risk, assisting investors as they weather rough markets,” says Hyman in a statement. “The high-quality core of the fund is complemented by a variety of bonds that may boost income potential and enhance diversification, including high-yield, emerging-markets and other sector bonds.”
Trimark Global Diversified Income Fund is designed for investors seeking global balanced exposure for long-term capital growth and income. It provides consistent cash flow for investors through targeted monthly distributions.
The equities portion of the fund looks to invest in high-quality global dividend-paying companies that have the potential to achieve sustainable dividend growth, while helping to lower volatility in declining markets. Michael Thatcher, head of global equities for Trimark Investments, a division of Invesco Canada, and Jeff Feng, head of emerging-markets equities for Invesco Hong Kong Ltd., will manage this part of the fund.
The fixed-income portion invests in securities issued by governments and corporations anywhere in the world. It will pursue enhanced yield opportunities through diversified exposure to multi-asset, investment-grade and/or below investment-grade fixed-income securities. Jennifer Hartviksen, head of fixed-income investments with Trimark Investments, and her team will manage this portion of the fund.
Both funds are available in Series, A, P, F and PF. They are also available as platform-traded funds (PTF), Invesco’s announcement notes.
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