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Invesco Expands Product Line-up with Peak Retirement Target Date Fund Series Featuring Active, Factor-based, and Passive Investments

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PR Newswire

ATLANTA, Jan. 9, 2018 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) announced today the launch of the Peak Retirement™ Target Date Fund Series (PRF).  The series is comprised of 12 outcome-oriented target date funds offered in five-year increments. 

Invesco Ltd. logo. (PRNewsFoto/Invesco, Chris Wilson)

The fund offerings include:

Invesco Peak Retirement™ Now Fund

Invesco Peak Retirement™ 2040 Fund

 

Invesco Peak Retirement™ 2015 Fund


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Invesco Peak Retirement™ 2045 Fund

 

Invesco Peak Retirement™ 2020 Fund

 

Invesco Peak Retirement™ 2050 Fund

 

Invesco Peak Retirement™ 2025 Fund

 

Invesco Peak Retirement™ 2055 Fund

 

Invesco Peak Retirement™ 2030 Fund

 

Invesco Peak Retirement™ 2060 Fund

 

Invesco Peak Retirement™ 2035 Fund

 

Invesco Peak Retirement™ 2065 Fund

 

The investment approach for the funds will follow a glide path, managed by Invesco Global Solutions Development & Implementation Team.  The glide path adjusts the underlying asset classes periodically to become more conservative as the stated target retirement date approaches.

"Invesco's new target date series is one of the few to include active, passive and factor-based strategies along with alternatives exposure in a cost-efficient package," said John Galateria, head of Invesco's Institutional business.  "The unique investment approach to volatility seeks to limit the range of outcomes, which is critical, particularly for participants approaching retirement."

Key portfolio characteristics include: a "through retirement" glide path designed to account for an investor's full life expectancy, a managed volatility approach as well as portfolios combining active strategies plus factor-based and market-cap-weighted exchange-traded funds.  Alternatives seeking to generate higher risk-adjusted returns and downside protection are also part of the mix. Invesco is dedicated to developing multi-asset strategies that are outcome-oriented, needs-based and client-centric. The deep and tenured investment team includes over 20 investment professionals with asset allocation specialization.   

"Invesco Global Solutions brings together all of Invesco's diverse active, passive and alternative investment capabilities," said Galateria.  "We are fortunate to be able to utilize our knowledge of and experience in global markets, and provide differentiated and outcome oriented solutions."

As part of a long term strategic plan, Invesco will be expanding its defined contribution product offerings, leveraging its global solutions capabilities. 

About Invesco
Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life.  NYSE: IVZ.

The funds are subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds and certain factors may cause the fund to withdraw its investments therein at a disadvantageous time.

Alternative products typically hold more non-traditional investments and employ more complex trading strategies, including hedging and leveraging through derivatives, short selling and opportunistic strategies that change with market conditions. Investors considering alternatives should be aware of their unique characteristics and additional risks from the strategies they use. Like all investments, performance will fluctuate.

A target date fund identifies a specific time at which investors are expected to begin making withdrawals, e.g., Now, 2020, 2030. The principal value of the fund is not guaranteed at any time, including at the target date.

The funds' strategy for managing portfolio volatility may not produce the desired result, and maintenance of the threshold volatility level will not ensure competitive returns.

The funds are subject to certain other risks. Please see the prospectus for more information regarding the risks associated with an investment in the funds.

Before investing, investors should carefully read the prospectus and/or summary prospectus and carefully consider the investment objectives, risks, charges and expenses. For this and more complete information about the fund(s), investors should contact their advisors for a prospectus and/or summary prospectus or visit invesco.com/fundprospectus.

Invesco Distributors, Inc. is the US distributor for Invesco Ltd. and is a wholly owned, indirect subsidiary of Invesco Ltd.

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SOURCE Invesco Ltd.

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