With over $423 billion of assets under management, Invesco Aim is one of the world’s largest and most diversified investment management firms. The company prides itself on a disciplined investment process, based on insight gathered through on the ground research in over thirteen countries. The fund’s diversified investment approach spans equity, fixed income and cash management based strategies as well as alternative holdings such as real estate, commodities and natural resources.
Below we will share with you 5 top rated Invesco Aim funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all Invesco Aim funds, then click here.
Aim Financial Services (FSFSX) invests the majority of its assets in equity securities from the financial services sector. It invests in banks, investment companies, insurance firms, investment banking companies and other firms which provide financial services. Up to 25% of its assets may be invested in foreign securities. The fund returned 109.03% in the last one year period.
Meggan M.J. Walsh is the fund manager and she has managed this Invesco Aim fund since 2004.
Aim High Yield A (AMHYX) seeks both long term capital growth and current income. It invests at least 80% of its assets in debt securities rated below investment grade. Up to 15% of its assets may be invested in securities from developing nations. The fund has a five year annualized return of 12.52%.
As of December 2009, this fund held 336 issues, with 1.29% of its total assets invested in Nielsen Finance LLC.
Aim Gold & Precious Metals (FGLDX) invests the majority of its assets in companies with major operations in the precious metals industry and in gold bullion. The fund returned 48.26% over the last one year period and has a ten year annualized return of 18.1%.
The Invesco Aim fund has a minimum initial investment of $1,000 and an expense ratio of 1.46% compared to a category average of 1.49%.
Aim Asia Pacific Growth A (ASIAX) seeks long-term capital appreciation. It invests the majority of its assets in companies located in Asia-Pacific countries, excluding Japan. Up to 25% of its assets may be invested in foreign securities. It focuses on holding marketable equity securities, and may also hold synthetic instruments. It invests in at least three countries located in the Asia Pacific and may invest all its assets in developing nations. The fund has a ten year annualized return of 7.6%.
The fund manager is Mark K. Jason and he has managed this Invesco Aim fund since 2007.
Aim Utilties (FSTUX) invests heavily in companies in the utilities sector as well as related industries. Up to 25% of its assets may be used to purchase securities issued by foreign companies. The fund returned 48.26% over the last one year period.
This Invesco Aim fund has an expense ratio of 1.48% compared to a category average of 1.41%.
To view the Zacks Rank and past performance of all Invesco AIM funds, then click here.
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