With over $580 billion of assets under management, Invesco is one of the world’s largest and most diversified investment management firms. The company prides itself on a disciplined investment process, based on insight gathered through on the ground research in over thirteen countries. The fund’s diversified investment approach spans equity, fixed income and cash management based strategies as well as alternative holdings such as real estate, commodities and natural resources.
Below we will share with you 5 top rated Invesco Aim mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all Invesco Aim funds, then click here.
Invesco Income A invests heavily in fixed-rate domestic corporate bonds denominated in dollars. Up to 40% of its assets are utilized to purchase foreign securities and up to 15% are invested in emerging market securities. The fund returned 14.08% in the last one year period.
Peter Ehret is the fund manager and she has managed this Invesco mutual fund since 2006.
Invesco Energy A (IENAX - MF report) seeks both capital appreciation over the long term. It invests at least 80% of its assets in companies from the energy sector. The four primary energy sub-sectors constitute its major investments. These include oil, energy services, explorations and natural gas and logistic pipeline companies. The fund has a five year annualized return of 4.84%.
The Invesco mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.16% compared to a category average of 1.69%.
Invesco European Small Company A (ESMAX - MF report) invests the majority of its assets in European companies with small market capitalizations. These companies must be within the range of the Russell 2000 index in the latest 11-month period. The fund returned 18.04% over the last one year period and has a five year annualized return of 5.73%.
As of June 2010, this Invesco mutual fund held 61 issues, with 4.46% of its total assets invested in Lancashire Holdings Ltd.
Invesco Gold & Precious Metals A (IGDAX - MF report) seeks long-term capital growth. It invests the majority of its assets in gold and other precious metals companies. The fund focuses on acquiring equity securities and may invest without limit in foreign companies with interests in the precious metals sector. The fund has a three year annualized return of 10.58%.
The fund manager is Andrew Lees and he has managed this Invesco mutual fund since 2008.
Invesco Multi-Sector A invests primarily in the energy, financial services, health care, leisure, and technology sectors. The fund usually allocates its assets equally among these sectors and annually reviews its holdings to maintain this situation. The fund returned 8.03% over the last one year period.
The Invesco Aim mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.39% compared to a category average of 1.33%.
To view the Zacks Rank and past performance of all Invesco mutual funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds/mutualfund/