David Millar - Multi Asset update
After what has been a tumultuous year so far for markets, David Millar shared a short video, recorded from home, to provide you with an update on how the Invesco Global Targeted Returns Strategy has fared and how we’re navigating these difficult markets.
Representative account of the Invesco Global Targeted Returns Strategy (GBP):
12-month net rolling performance
| 28/02/15 28/02/16 |
28/02/16 28/02/17 |
28/02/17 28/02/18 |
28/02/18 28/02/19 |
28/02/19 28/02/20 |
|
|---|---|---|---|---|---|
| Invesco Global Targeted Returns Strategy (GBP) | 0.13 | 3.40 | 0.70 | -3.38 | 3.25 |
| 3-month Libor + 500bp | 5.62 | 5.52 | 5.41 | 5.82 | 5.84 |
Past performance is not a guide to future performance. Source: Invesco as at 29 February 2020. Index source: Bloomberg, in sterling. Performance figures are shown in sterling, inclusive of reinvested income and net of the Ongoing Charge and portfolio transaction costs. Data shown relates to a representative account of the Invesco Global Targeted Returns Strategy. Portfolios managed in accordance with this strategy may differ due to specific investment restrictions or guidelines. Portfolio characteristics are subject to change.
Investment risks
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The value of investments and any income will fluctuate (this may partly be the result of exchange-rate fluctuations) and investors may not get back the full amount invested.
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The Invesco Global Targeted Returns Strategy may invest in contingent convertible bonds which may result in significant risk of capital loss based on certain trigger events.
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The strategy uses derivatives (complex instruments) for investment purposes, which may result in a portfolio being significantly leveraged and may result in large fluctuations in value. The strategy may hold debt instruments which are of lower credit quality which may result in large fluctuations in value.
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As a portion of the strategy may be exposed to less developed countries, you should be prepared to accept large fluctuations in value.
Important information
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This document is for Professional Clients only and is not for consumer use.
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Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice.
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This information is marketing material and is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.
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Further information on our products is available using the contact details shown.
