Invesco Trimark has launched three new funds offering investors new ways to get exposure to the emerging markets and energy sector.
The Invesco Emerging Markets Debt Fund invests primarily in local-currency-denominated debt issues of emerging market countries, an investment universe of over US$1 trillion. While most of these issues are rated as investment grade debt, emerging market sovereign bonds tend to offer higher yields than that of more developed economies.
The portfolio management team is led by Claudia Calich, head of emerging markets for Invesco Fixed Income.
The Invesco Emerging Markets Class invests primarily in companies located or active in emerging markets. The fund is managed by the Invesco Global Equity team, led by Ingrid Baker.
The third fund rolled out today is the Trimark Energy Class, which invests primarily in companies that engaged directly or indirectly in the energy sector. The fund has the flexibility to hedge foreign currency and also short-sell securities, to a maximum 20% of the portfolio. It is led by Norman MacDonald.
“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 potential.”