Fixed Income  

Launch Pad: Investments

The fund will seek to provide a balance of income and capital growth through its investment in a portfolio of fixed income securities and global equities.

Ian Trevers, head of UK retail at Invesco Perpetual, said: “Low interest rates are driving demand for funds that offer genuine diversification and meet a need for income. The fund provides access to global markets across the two largest asset classes within a single portfolio.”

Key features:

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■ Sector: IMA Mixed Investment 20-60 per cent shares

■ Ongoing charge: Accumulation shares, 1.54 per cent

■ Availability: ICVC, ISA and ISA transfers

■ Minimum investment level: £20 per month/£500 lump sum

■ Full entry charge: Up to 5 per cent

■ Fund managers: Paul Causer, Paul Read and the Invesco Perpetual Global Equity Income Group

■ Launch date: 9 May 2014

Adviser verdict

Keith MacDonald, certified financial planner, Broadway Financial Planning, Worcestershire:

“It is relatively expensive as funds go, so they will have their work cut out, but hopefully active management will be able to a deliver a high return. It will, of course, appeal to some, and will be easy for the consumer to buy and sell.”