ATLANTA, July 1, 2014 /PRNewswire/ -- Invesco US announced today the launch of the Invesco Conservative Income Fund, an ultra-short bond fund seeking to provide investors the potential for greater rates of return and yield than cash equivalent securities, yet with a lower risk profile than typical diversified short-term bond funds.
The fund's investment objective is to provide capital preservation and current income while maintaining liquidity, and will invest in a diversified portfolio of short duration, investment grade money market and other fixed-income securities. However, the fund is not a money market fund and its net asset value is expected to fluctuate.
"This fund can provide institutional and high-net-worth investors a compelling complement to their cash allocation with potentially lower interest rate risk exposure," said Laurie Brignac, senior portfolio manager and co-head of Invesco's North America Global Liquidity management team.
Combining the strengths of Invesco Fixed Income's Global Liquidity team with the insight of the entire Invesco Fixed Income platform, the fund will use a top-down analysis of macroeconomic trends combined with a bottom-up fundamental analysis of market sub-sectors and individual issuers to continuously identify investable information advantages throughout a market cycle.
About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, 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 clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd. It is a wholly owned, indirect subsidiary of Invesco Ltd.
NOT FDIC INSURED, MAY LOSE VALUE, OFFER NO BANK GUARANTEE
Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should ask their advisers for a prospectus/summary prospectus or visit invesco.com/fundprospectus.
Fixed-income investments are subject to credit risk of the issuer and the effects of changing interest rates. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating.
The Fund is subject to other specific risks. Please see the current prospectus for more information regarding the risks associated with an investment in the Fund.
Diversification does not guarantee a profit or eliminate the risk of loss.
Duration is a measure of the sensitivity of the price of a fixed-income investment to a change in interest rates.
SOURCE Invesco Ltd.