Invesco Perpetual has launched the five-strong Summit Growth multi-asset range, which will invest in the wider group's active, factor-based, and passive funds.
The range has been launched to meet adviser demand for "lower-cost investment solutions that can cater to a variety of client risk tolerances and financial goals", the group said. Summit Growth funds will have an OCF of between 60bps-80bps and a minimum investment of £500. Each portfolio will blend funds from Invesco's active and passive equity, bond, alternatives and cash ranges, with allocation to each asset class varying according to risk requirements. Compared to other funds-of-funds at the firm, the range will provide access to a much broader investment universe of Invesco's g...
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