UK Recovery portfolio from Invesco Perpetual

Invesco Perpetual is to launch a UK Recovery unit trust to be managed by Ian Carstairs, however the fund will not be widely marketed until a track record has been established. The fund will initially form a rollover option for investors in the £17.7m Invesco Convertible investment trust, which has been run as a recovery vehicle. In time, however, the fund will slot into Invesco Perpetual's UK range of equity income, growth, smaller companies and aggressive growth funds. As such the fund has the same charging and commission structure as the other UK funds with 3% commission, 0.5% trail a...