Invesco is a specialist fund manager in the Australian market with more than 20 years’ experience in managing investment solutions for local investors.  Within Invesco's suite of managed fund products, they offer a range of strong core domestic and international investment capabilities to Australia’s retail and institutional markets.

Invesco enjoy focused local management with the support and security of a global parent. Invesco are a wholly owned subsidiary of Invesco Ltd which, with funds 

under management of more than A$532 billion*, is one of the world’s largest independent investment managers. 

Operating principally through the AIM, AIM Trimark, Atlantic Trust, Invesco, Invesco Perpetual, PowerShares and WL Ross brands, Invesco Ltd strives to deliver outstanding 

performance and service across a comprehensive range of investment products for individuals and institutions around the world. The company is listed on the London, New York and Toronto stock exchanges with the symbol 'IVZ'. 

Invesco's focus is on generating competitive performance for their investors and sourcing the right investments to offer in the Australian market. 

*As at 30 November 2008.

Rebate Financial Services will rebate 100% of all upfront commissions, where an ongoing commission is payable, when you invest in Invesco using Rebate Financial Services as your nominated adviser.  Where there is not any ongoing commission payable, Rebate Financial Services will rebate 80% of any upfront commission payable on your investment.  We will instruct Invesco to rebate 100% of all upfront commission as additional units in your investment.  This means you will have more of your investment dollar working for you right from the start.  We will also instruct Invesco to rebate 100% of all commission generated by future additional investments and regular contributions, again as additional units in your investment.   Many investment products have entry fees of around 5%, this upfront saving has the potential to significantly increase your returns over the life of the investment.  Where Invesco pays an upfront commission directly to Rebate Financial Services, we can directly credit your nominated bank account or send you a cheque, once the commission has been received.  Where ongoing commissions are not payable to the nominated advisers, Rebate Financial Services will rebate 80% of the upfront commission payable as additional units in your investment or, if this method is not available, by direct credit or cheque to the investor once the commission has been received.

Where your investment does not generate ongoing commission or there is a set time period for the investment or where commission rebates vary there will be full 

disclosure of what is received by Rebate Financial Services.

Rebate Financial Services will also rebate 50% of the ongoing commission payable on your investment where we receive in excess of $20 per month, per fund manager.

If you already have an investment in Invesco, or any other financial product, either directly or through a financial planner, you may be paying entry fees on any additional 

or regular investments.  There may also be trailing commissions being paid on your Invesco investment.  

Download and complete the Nomination Form below to receive up to 100% rebate or cancellation of future entry fees and up to 50% of any trailing commissions that 

are currently being paid to a financial advisor or being kept by the product issuer. Trailing commissions paid by financial institutions generally range from 0.20-0.60% p.a. 

These commissions are generally paid for out of the management fees levied against your investment are not an additional charge to you.

The Invesco Retail and Wholesale Funds are a type of investment known as ‘managed funds’. Investing in financial markets can be complex and takes specialist knowledge 

- managed funds pool the money of a number of individual investors.  As a team of investment management professionals, Invesco uses its skills, experience and resources to research financial markets and make investment decisions on behalf of our investors. As the ‘responsible entity’ of the Funds in charge of their overall management, Invesco are guided by the investment objective and strategy that has been set for each Fund, and by its governing constitution.  When you invest in a managed fund, your interests are in the form of ‘units’ based on the amount you invest. 

The investment manager pools your application funds with other investors’ funds to acquire the Fund’s underlying assets. In many cases, these are assets individual investors may find it hard to access directly because of the large minimum investment amounts or the difficulty of investing in certain markets.  In return for managing and administering a fund, including taking care of the paperwork, investment managers charge certain fees. Some funds may also charge an entry fee on each contribution you make, although investing using Rebate Financial Services will reduce these fees or eliminate them altogether.

Objective: To provide long-term capital growth and distributions by investing in securities listed on the Australian sharemarket.

The underlying portfolio generally holds 60-150 companies listed on the S&P/ASX 300 Index while aiming to maintain a maximum cash exposure of 5%. 

The underlying investments are managed by our Frankfurt and Melbourne offices with supervision and monitoring undertaken in Melbourne.

Objective:  To provide long-term capital growth and distributions by investing in smaller companies listed on the Australian sharemarket, predominantly outside the 

S&P/ASX 100 Index.

The underlying portfolio generally holds 50-80 companies that generally have a market capitalisation in excess of $40 million, and aims to maintain a maximum 

cash exposure of 10%.

Objective: To provide long-term capital growth and some distributions by investing in securities listed on global sharemarkets, while managing exposure to global currencies.

The result is an underlying portfolio of generally between 80 and 160 global shares (but may fall outside this range), drawn from a diverse range of industries and countries, with cash exposure, under normal market conditions, generally below 5%.  The underlying investments are managed by Invesco's Frankfurt office, with supervision and monitoring undertaken by Invesco’s Melbourne office.

The Funds’ foreign currency exposure is generally hedged 90-110% into Australian dollars on any Business Day. The Funds are therefore exposed to foreign currency hedging risk.

Objective: To provide long-term capital growth and some distributions by investing in securities listed on global sharemarkets.

The result is an underlying portfolio of generally between 80 and 160 global shares (but may fall outside this range), drawn from a diverse range of industries and countries, with cash exposure, under normal market conditions, generally below 5%.

The underlying investments are managed by our Frankfurt office, with supervision and monitoring undertaken by Invesco’s Melbourne office.  No currency hedging is undertaken. The Funds are therefore exposed to currency risk.

Objective: To provide medium to long-term capital growth and distributions by investing in property securities listed on global sharemarkets, while managing exposure to g

lobal currencies.

The underlying investments are managed by Invesco's Dallas office. Supervision and monitoring are undertaken by Invesco’s Melbourne office.  The underlying portfolio generally holds between 60 and 80 securities, with a cash exposure of generally below 10% under normal market conditions.

Objective:  To provide long-term capital growth and some distributions by investing in securities listed on Asian sharemarkets, excluding Japan.

The portfolio will typically comprise 50 to 100 companies, with cash exposure, under normal market conditions, generally below 10%.  While the underlying investments are managed by Invesco's Hong Kong office, their activities are monitored and supervised by Invesco’s Melbourne office.  There are no currency hedging activities under normal market conditions. The Fund is therefore exposed to currency risk.  The Fund’s foreign currency exposure is generally hedged 90-110% into Australian dollars on any Business Day. The Fund is therefore exposed to foreign currency hedging risk.

Objective:  To provide medium to long-term capital growth and distributions by investing in a range of assets, with an emphasis on growth assets.

The underlying portfolio will generally hold shares, fixed interest securities issued by governments, and companies located in Australia and overseas and as a result may 

have exposure to foreign currency fluctuations from time to time. The Funds can also hold derivatives.  The active asset allocation process of this portfolio is managed by 

Invesco's Atlanta office in the US, the global share portion is managed by Invesco's Frankfurt office and the global property securities are managed by Invesco's Dallas office, also in the US. Supervision and monitoring are undertaken by Invesco’s Melbourne office.

Objective: To provide medium to long-term capital growth and to avoid a negative total return over a 12-month period from 1 July to 30 June.

The underlying portfolio is primarily cash, with some exposure to shares, fixed income securities issued by governments and companies, located in both Australia and overseas.  From time to time, the Funds will also hold positions in alternative strategies, listed property securities and derivatives as part of their portfolios.

Objective:  To provide distributions in line with the prevailing bank bill rate, while managing liquidity and security of capital by investing in short-term money market securities.

The Fund invests in prime quality short-term money market securities issued or guaranteed by the Commonwealth Government or rated AAA, A-1+ or A-1 by a recognised rating agency.  The Fund does not currently use financial derivatives. However, in the future it may invest in financial futures contracts, excluding options.

Objective:  The Fund has a high risk and return profile. The strategy aims to generate outperformance above the UBS Australian Bank Bill Index while adhering to certain risk 

control measures. The Fund aims to achieve this by investing in a range of diversified strategies in one investment fund.

The Fund’s foreign currency exposure is generally hedged 90-110% into Australian dollars on any Business Day. The Fund is therefore exposed to foreign currency hedging risk.

Current Asset Allocation Mix:  The types of strategies that the Fund generally invests in include tactical asset allocation, market neutral and distressed debt strategies. 

Tactical asset allocations strategies make ‘top-down’ investment decisions based on macro analysis – for example, which country, asset class or sector to invest in. 

Market neutral strategies aim to remove the impact of overall market movements and therefore to profit in both rising and falling markets. Distressed debt strategies aim to 

anticipate particular events related to the default and/or bankruptcy of a company and take appropriate positions in order to profit from these events.

At present the Fund invests in four separate underlying funds, each managed by different investment teams within the Invesco group. Overall management of the Fund is carried out by the Invesco Multi Asset Strategy team in Atlanta with supervision and monitoring undertaken by Invesco’s Melbourne office.

The current strategy mix of the Fund is achieved by investment in the following underlying Funds:

— Invesco Global Tactical Asset Allocation Fund

— Invesco US Market Neutral Fund

— Invesco European Market Neutral Fund

— Wilbur Ross Absolute Recovery Hedge Fund

 

 Disclaimer: Information provided by Rebate Financial Services on this fund manager and its products is either factual or concerns observations of investor behaviour. This infotmation is not intended to be, and should not be considered to be ecommendations or advice.  If you require advice please contact your financial advisor, or contact Rebate Financial Services for a referal to one.