A green bond fund from Invesco | Photo credits: Istock
Invesco launches Invesco Net Zero Global Investment Grade Corporate Bond (Isin code: LU2317488901), funds with the objective of contributing to achieving carbon neutrality by 2050 or earlier. It is invested in a global corporate credit portfolio focusing on high-quality issuers that adhere to reducing greenhouse gases to as close to zero as possible, while seeking to provide income and long-term capital growth to investors.
Maximum entry fee: 5%; annual management fee: 0.8%.
Investing opinion
We think it’s too early to buy a highly rated bond fund. Indeed, the current upward trend in interest rates is not over. The decline in the bond market could therefore continue in the coming months. Indeed, the credit margins of highly rated loans are low. So we will have better entry points.