New funds enhance advisors' ability to build better client portfolios
TORONTO, Jan. 12 /CNW/ - As the global economy undergoes significant
change and presents investors with a world of exciting opportunities,
the needs of Canadian investors have evolved. Invesco Trimark today
launched three new funds designed to meet those evolving needs. These
targeted investment solutions exemplify Invesco's global strength and
extensive investment management capabilities.
Invesco Emerging Markets Debt Fund invests primarily in local-currency-denominated debt issues of emerging
market countries. This market exceeds a staggering US$1 trillion1, yet it is essentially new to Canadian mutual fund investors. The Fund
allows investors to participate in this attractive, rapidly growing
category. While the average credit quality of
local-currency-denominated emerging market debt is rated investment
grade2, such debt as a category generally provides a yield higher than that of
the average investment-grade bond of developed countries like Canada
and the U.S.
The portfolio management team is led by Claudia Calich, Head of Emerging
Markets for Invesco Fixed Income. The team members average 17 years of
industry experience and have managed a similar mandate overseas since
2006. Furthermore, they can draw upon the proven expertise of the
entire Invesco Fixed Income team, which is 148-members strong and
manages US$185 billion3 worldwide.
Invesco Emerging Markets Class invests primarily in companies located or active in emerging markets.
Managing the Fund is the Invesco Global Equity team, whose 15 members
average 18 years of industry experience and manage US$14 billion3 worldwide. Most of the team's senior members have worked together since
the 1990s, fostering an environment of stability and consistency;
Ingrid Baker, who has been with the team since 1999, leads the Fund and
is Invesco's Head of Emerging Market Equities. The portfolio management
team adheres to a time-tested, proprietary research process and
investment discipline. They scour the globe for high-quality companies
with attractive long-term potential that strive to take advantage of
the expected robust growth of emerging markets such as China, India and
Trimark Energy Class invests primarily in companies worldwide that engage directly or
indirectly in the energy sector. The global trend towards greater
energy demand has been well-established, with the potential to
accelerate as economies around the world continue to grow. The Fund's
flexible mandate allows portfolio manager Norman MacDonald to invest in
a broad range of energy-related companies with no limits on foreign
content and no requirement to adhere to any specific benchmark index's
sector weights. The Fund has the added flexibility to hedge foreign
currency and also short-sell securities, to a maximum 20% of the
portfolio, when attractive opportunities arise in the market. Mr.
MacDonald, who also manages Trimark Resources Fund, has 13 years of
investment experience with both institutional and retail clients,
including management of energy-specific mandates.
"Once again we're able to bring Invesco's global capabilities and proven
expertise to Canadian investors," says Jamie Kingston, Senior Vice
President of Product Management and Development at Invesco Trimark.
"From specialty investments to niche markets to foreign currency
exposure, these funds can provide added diversification to help
mitigate risk in an investor's portfolio and enhance long-term return
Each of the new funds is managed by experts in their field who seek to
take advantage of attractive investment opportunities around the globe.
By bolstering its range of products and complementing its suite of core
investment solutions, Invesco Trimark continues to provide advisors
with the tools they need to build better portfolios for their clients.
For more information on these new funds, please visit www.invescotrimark.com.
1 As at December 31, 2009.
2 Based on S&P rating agency.
3 As at September 30, 2010.
Commissions, trailing commissions, management fees and expenses may all
be associated with mutual fund investments. Mutual funds are not
guaranteed, their values change frequently and past performance may not
be repeated. Please read the prospectus before investing. Copies are
available from your advisor or from Invesco Trimark Ltd.
Invesco Trimark Ltd. is one of Canada's largest investment management
companies. A subsidiary of Invesco Ltd., Invesco Trimark offers a
diversified suite of investment solutions to institutions,
organizations, companies and individual investors across Canada and
around the world. Invesco is a leading independent global investment
manager, dedicated to helping investors worldwide achieve their
financial objectives. By delivering the combined power of our
distinctive investment management capabilities, Invesco provides a wide
range of investment strategies and vehicles to our retail,
institutional and high-net-worth clients around the world. Operating in
20 countries, the company is listed on the New York Stock Exchange
under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco and all associated trademarks are trademarks of Invesco Holding
Company Limited, used under licence. Trimark and all associated
trademarks are trademarks of Invesco Trimark Ltd.
SOURCE Invesco Trimark Ltd.
For further information:
Vice President, Corporate Affairs