Invesco Aim has launched the Aim Balanced-Risk Allocation Fund that invests in equities, government bonds and commodities.
Invesco Aim has launched the Aim Balanced-Risk Allocation Fund that invests in equities, government bonds and commodities.
The weights of the asset classes are set such that each contributes a similar amount of risk to the overall portfolio.
‘We’re pleased to provide retail investors with a total-return, next-generation asset allocation strategy that can serve as a very flexible portfolio construction tool,’ says Phil Taylor, senior managing director of Invesco and head of Invesco’s North American retail business, including Invesco Aim.
Relative to traditional balanced portfolios, the fund will seek to provide greater capital loss protection during down markets through its proprietary long-only, investment process. The fund will invest in derivatives and other financially linked instruments to provide leveraged exposure to certain US and international equity, fixed income and commodity markets.
It will be managed by investment professionals from Invesco’s global asset allocation group, a team with experience in tactical asset allocation, alternative beta, and multi-asset class investment solutions.
The fund’s management team will be led by Scott Wolle, chief investment officer of Invesco’s global asset allocation group. Wolle has been with Invesco since 1999 and has 18 years of investment experience. He will be assisted on the fund by portfolio managers Mark Ahnrud, Chris Devine, Scott Hixon, and Christian Ulrich, each of whom has more than 13 years of investment experience.
‘Balancing risk, along with a disciplined rebalancing process, are our guiding principles behind the asset mix in an effective portfolio,’ says Wolle. ‘We believe investors would be well-served owning assets that cover all three major types of economic environments – recessionary, non-inflationary growth, and inflationary growth. The ultimate goal of this approach is to grow portfolio values consistently over time while at the same time minimizing periods of capital loss.’
The fund will be available in multiple share classes from Invesco Aim through financial intermediaries at broker-dealers, insurance companies, independent advisory firms and registered investment advisers for retail, fee-based wrap, retirement, and institutional clients.
