Invesco links offshore bond to equity line-up

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Invesco is launching a five-year offshore bond linked to a portfolio split between four of its offs...

Invesco is launching a five-year offshore bond linked to a portfolio split between four of its offshore equity funds. The portfolio that the Invesco Capital Protected Equity-Linked Bond is linked to includes 10% in the Invesco UK Equity fund, 50% in the Invesco American Equity Core fund, as well as 15% in the Invesco GT Nippon Growth fund and 25% in the Invesco GT Continental European fund. The bond will allow investors to benefit from 70% of the growth of the portfolio over five years. It guarantees to return the capital invested over five years, after the 5% initial charge is taken...

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