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  5. Invesco True Balance I - Managed fund profile

Invesco True Balance I - Managed Fund (Closed)

Fund Strategy
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% p.a. above 3 month EURIBOR (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. There is no guarantee that the Fund will achieve a positive return or its volatility target. The Fund seeks to achieve its objective by combining a number of individual investment ideas in a risk-managed portfolio.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.69% -0.18% -2.67% 5.27% 0.81% -0.53% 0.55% -%
Growth return -1.69% -0.18% -2.67% 5.27% 0.81% -0.92% -0.31% -%
Income return 0% 0% 0% 0% 0% 0.39% 0.86% -%
As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Invesco True Balance I
Cash
1.18%
Alternatives
98.82%

General Information

Fund Details
Type Description
Invesco True Balance I (Wholesale)
Closed
Invesco Australia Limited
GTU0110AU
Not Rated
Unknown
27 Feb 2015
$0 million (as at 31 May 2023)
$1.0507 (as at 23 Jun 2023)
$1.0475 (as at 23 Jun 2023)
Suppressed
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2022)
Performance fee (not included in ICR) Not Available
Minimum initial investment $10,000,000
Minimum additional investments

FAQs about the Invesco True Balance I

The objective of the Invesco True Balance I managed fund is

The strategy of the Invesco True Balance I managed fund is 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% p.a. above 3 month EURIBOR (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. There is no guarantee that the Fund will achieve a positive return or its volatility target. The Fund seeks to achieve its objective by combining a number of individual investment ideas in a risk-managed portfolio.

The APIR code of the Invesco True Balance I managed fund is GTU0110AU.

Invesco True Balance I’s total return last month was -1.69%. This was made up of a growth return of -1.69% and an income return of 0%. These returns were calculated as at 31 May 2023.

Invesco True Balance I’s total return for the last three months was -0.18%. This was made up of a growth return of -0.18% and an income return of 0%%. These returns were calculated as at 31 May 2023.

Invesco True Balance I’s one-year total return is 5.27%. This was made up of a growth return of 5.27% and an income return of 0%. These returns were calculated as at 31 May 2023.

Invesco True Balance I’s one-year total return is -0.53%. This was made up of a growth return of -0.92% and an income return of 0.39%. These returns were calculated as at 31 May 2023.

The asset allocation of the Invesco True Balance I managed fund is :

Cash
1.18%
Alternatives
98.82%

The Responsible Entity for the Invesco True Balance I managed fund is Invesco Australia Limited.

As at 31 May 2023, the size of the Invesco True Balance I managed fund was $0 million.

The Invesco True Balance I managed fund has an inception date of 27 Feb 2015.

The current entry price of the Invesco True Balance I managed fund is $1.0507 per unit and the current exit price is $1.0475 per unit (as at 23 Jun 2023).

The current exit price of the Invesco True Balance I managed fund is $1.0475 per unit and the current entry price is $1.0507 per unit (as at 23 Jun 2023).

The minimum initial investment amount for the Invesco True Balance I managed fund is $10,000,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.