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GTR v GARs: Invesco Perpetual unveils multi-asset fund for ex-SLI trio
by Dylan Lobo on Sep 09, 2013 at 00:01
Its distribution head Ian Trevers added: ‘A recurring theme in our conversations with clients has been the challenges they face in constructing portfolios that not only combine diversification with the control of volatility, but also the need to deliver returns. These talented managers have a proven track record and capability in building risk-managed portfolios that deliver for clients.’
Trevers also indicated there would be more products being launched for the team over the longer term. ‘There is scope to expand but we want to do a good job with this first and not get distracted.’
Victoria Hasler, a fund analyst at Brewin Dolphin, welcomes the increased choice the fund brings to the market. 'I think it's a good thing they're [Invesco Perpetual] launching it because there wasn't a huge amount of competition for Gars and I think competition is healthy.'
Ongoing charges for GTR range from 1.6% for accumulation units, which includes trail, to clean pricing of 1.1% and and further discount of 0.90% on a Z share class.
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on Dec 10, 2013 at 12:57