Invesco International Allocation Fund
Data updated: 2020-06-01
C000071358 — Invesco International Allocation Fund. Capital Appreciation / Growth Allocation · $83.69M AUM. Holdings, fees, performance and SEC filings.
C000071358 Fund Overview
Invesco International Allocation Fund is a US mutual fund managed by Aim Growth Series (invesco Growth Series), categorised as Capital Appreciation / Growth Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Aim Growth Series (invesco Growth Series)
- Category: Capital Appreciation / Growth Allocation
- Assets under management: $83.69M
- SEC CIK: 0000202032
- SEC series ID: S000010732
- Share class ID: C000071358
C000071358 Investment Objective and Strategy
Invesco International Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Aim Growth Series (invesco Growth Series).
Investment objective
The Fund’s investment objective is long-term growth of capital.
Principal investment strategy
The Fund is a fund of funds, and invests its assets in other underlying mutual funds advised by Invesco Advisers, Inc. (Invesco or the Adviser) and exchange-traded funds (ETFs) and other pooled investment vehicles advised by Invesco PowerShares Capital Management LLC (PowerShares Capital) or mutual funds, ETFs and other pooled investment vehicles advised by unaffiliated advisers (the underlying funds). Invesco and PowerShares Capital are affiliates of each other as they are both indirect wholly-owned subsidiaries of Invesco Ltd. The Fund invests its assets in a selection of underlying funds that invest primarily in global or international securities, including securities of issuers located in emerging markets countries, i.e., those that are in the early stages of their industrial cycles. The underlying funds may invest a portion of their assets in securities of domestic issuers.
The Funds target allocation is to invest 100% of its total assets in underlying funds that invest primarily in equity securities. A portion of the underlying funds assets may be invested in fixed-income securities. The Adviser uses a three-step process to create the Funds portfolio including: (1) a strategic asset allocation by the Adviser among broad asset classes; (2) the actual selection by the Adviser of underlying funds to represent the broad asset classes and the determination by the Adviser of target weightings in these underlying funds; in the case where there are multiple funds in a broad asset class, the Adviser attempts to balance the amount of active risk contributed by each underlying fund in order to determine the allocation; and (3) the ongoing monitoring of the Funds asset class allocations, underlying funds and target weightings in the underlying funds.
The Adviser rebalances the Funds investments in the underlying funds on an annual basis to keep them at their target weightings. Although the Adviser has the ability to rebalance on a more frequent basis if it believes it is appropriate to do so, the Funds asset class weightings may not match the above percentage weightings during a quarter due to market fluctuations, cash flows and other factors. The Adviser may change the Funds asset class allocations, the underlying funds or the target weightings in the underlying funds without shareholder approval. A list of the underlying funds and their target weightings is located in the Funds SAI.
C000071358 Costs and Fees
C000071358 costs about $125 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.25%
- Gross expense ratio: 1.25%
- Portfolio turnover: 46%
- Brokerage commissions: 11.75 bps of average net assets (SEC N-CEN)
C000071358 Cashflows
Over the 12 months to 2020-03, Invesco International Allocation Fund had net outflows of $11.21M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-03 | −$2.26M |
| 2020-02 | −$1.59M |
| 2020-01 | −$1.18M |
| 2019-12 | $276.79K |
| 2019-11 | −$981.38K |
| 2019-10 | −$1.08M |
C000071358 Debt Constituents
No individual debt constituents are reported in Invesco International Allocation Fund's latest SEC N-PORT filing.
C000071358 Prospectus and SEC Filings
Official Invesco International Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-13
- Prospectus (485BPOS) — filed 2019-05-13
- Prospectus (485BPOS) — filed 2018-05-10
- Portfolio holdings (N-PORT) — filed 2020-06-01
- Portfolio holdings (N-PORT) — filed 2020-03-02
- Portfolio holdings (N-PORT) — filed 2019-11-29
- Annual census (N-CEN) — filed 2020-03-16
- Annual census (N-CEN) — filed 2019-03-14
Related Funds
Other Capital Appreciation / Growth Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.