High income
Stable monthly income stream from contractual loans to a diverse group of global companies.
The Invesco Wholesale Senior Secured Income Fund invests in the loans of around 350 global companies, many household names, diversified across 20 or more sectors.
In an elevated interest rate environment, loans are a timely complement to investors’ existing debt investments and income sources. The companies pay a contractual floating-rate income to investors, which is distributed on a monthly basis. And just as the name suggests, the loans are senior in the capital structure to all other debt or equity issued by the company, and they’re secured by the assets of the company – such as inventory, property and plant and equipment.
The investment team of the fund are one of the world’s largest managers of Senior Secured Loans in a highly liquid market approaching US $2 trillion. The team’s network and prominence in the market give them access to the most attractive loans from both private and publicly listed issuers.
Delivering income in all environments
Ashley O’Connor, Head of Investment Strategy at Invesco Australia, sat down with James Dunn from the Inside Network to discuss why now could be the perfect time to invest in Senior Secured Loans.
With high interest rates stubbornly sticking around and Senior Secured Loans’ elevated income levels, considering an allocation to Senior Secured Loans could benefit your clients.
Explore the three key features of Senior Secured Loans
Floating rate
Near zero duration risk, income rises when interest rates rise, providing a hedge against inflation.
Senior Secured
Highest priority to be repaid and first right to the companies' assets.
Podcast
Senior Secured Loans: A “Once-In-A-Generation” Investment?
Ashley O'Connor from Invesco joins Owen Rask on The Australian Investors Podcast to talk about Senior Secured Loans.
A quick guide
Senior Loans – an attractive opportunity
Kevin Egan, Senior Portfolio Manager, Senior Secured Loans
Introducing Senior Secured Loans
The asset class perfectly positioned for now
Ashley O’Connor talks about the three key features of Senior Secured Loans that make them a compelling investment right now.
Fund facts
Invesco Wholesale Senior Secured Income Fund
Inception Date |
31 Dec 19901 |
Management Cost (MER/ICR) |
0.75% |
Minimum Investment |
$20,000 |
APIR |
CNA0805AU |
Distribution |
Monthly |
Explore the Senior Secured Loans Resource Hub
A one-stop-shop featuring educational videos, case studies and infographics to provide all the information your clients may need to better understand Senior Secured Loans.
Documentation
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Invesco Senior Secured LoansStrategy Profile
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Invesco Senior Secured Loans FundInvestor Brochure
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Invesco Wholesale Senior Secured Income FundMonthly Factsheet
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Invesco Senior Secured Loans FundAnnual Report
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Invesco Wholesale Senior Secured Income FundProduct Disclosure Statement
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Invesco Wholesale Senior Secured Income FundTMD Document
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ApplicationHow to invest
Important information
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1
The Fund originally commenced on 31/12/90. The Fund benchmark and strategy changed on 14/8/14.
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2
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (assigned CNA0805AU - March 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
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3
The rating issued for CNA0805AU September 2023 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only, and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.
Disclaimer
Investments can go up and down. Past returns are not a reliable indicator of future returns. Future returns may be affected by a range of factors including economic and market influences.
Invesco does not guarantee that the fund will achieve its objective or performance targets.
This is general information only and does not take into account your individual objectives, taxation position, financial situation or needs. You should assess whether the information is appropriate for you and consider obtaining independent taxation, legal, financial or other professional advice before making an investment decision. A Product Disclosure Statement (PDS) and Target Market Determination for any Invesco fund referred to here is available from Invesco. You should read the PDS and consider whether a fund is appropriate for you before making a decision to invest.
Invesco is authorised under its licence to provide financial product advice, deal in financial products and operate registered managed investment schemes. If you invest in an Invesco Fund, Invesco may receive fees in relation to that investment. Details are in the PDS. Invesco’s employees and directors do not receive commissions but are remunerated on a salary basis. Neither Invesco nor any related corporation has any relationship with other product issuers that could influence us in providing the information contained in this document.
Investments in the Invesco funds are subject to investment risks including possible delays in repayment and loss of income and principal invested. Neither Invesco nor any other member of the Invesco Ltd Group guarantee the return of capital, distribution of income, or the performance of any of the Funds. Any investments in the Funds do not represent deposits in, or other liabilities of, any other member of the Invesco Ltd Group.
Invesco has taken all due care in the preparation of this information. To the maximum extent permitted by law, Invesco, its related bodies corporate, directors or employees are not liable and take no responsibility for the accuracy or completeness of this information and disclaim all liability for any loss or damage of any kind (whether foreseeable or not) that may arise from any person acting on any statements contained in this information.
©Copyright is owned by Invesco. You may only reproduce, circulate and use this information (or any part of it) with the consent of Invesco.
