Investment Objective
The Fund aims to achieve a positive total return in all market conditions over a rolling 3 year period. The Fund targets a gross return of 5% per annum above UK 3 month LIBOR (or an equivalent reference rate) and aims to achieve this with less than half the volatility of global equities, over the same rolling 3 year period.
Reference Index
LIBOR +5%
Latest Meeting Note
Fund Update 06 Nov 2020
Effective 30th October 2020, Dave Jubb stepped down as a named Fund Manager on the Invesco Global Targeted Returns product range. David Millar, Richard Batty, Gwilym Satchell and Sebastian Mackay will continue as the fund’s named manager... Read more
Effective 30th October 2020, Dave Jubb stepped down as a named Fund Manager on the Invesco Global Targeted Returns product range. David Millar, Richard Batty, Gwilym Satchell and Sebastian Mackay will continue as the fund’s named managers. There will be no change to the investment objective and investment process of the fund.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.6 | 0.8 | 0.9 | 0.1 | 0.6 | 0.7 | 0.7 | 0.7 | 0.2 | 0.7 | 0.3 | 0.6 | 0.7 | |
| 2021 | 0.2 | 0.5 | 0.0 | 0.1 | 0.2 | 0.0 | 0.9 | 0.8 | 0.8 | 0.2 | 0.2 | 0.5 | 0.2 |
