Invesco American Franchise Fund Class C (VAFCX)

Overview

The fund described is a financial investment entity that primarily concentrates on securities of U.S. issuers. It allocates at least 80% of its net assets, in addition to any borrowings for investment purposes, toward U.S. issuer securities and derivatives that have similar economic characteristics. The emphasis is on securities believed by the fund's portfolio managers to exhibit potential for earnings or revenue growth. In addition to its primary focus on U.S. securities, the fund maintains the flexibility to invest up to 20% of its net assets in securities of foreign issuers. It operates as a non-diversified fund, indicating a potentially higher risk and reward profile due to its concentrated investment strategy.

Products and Services

• U.S. Issuer Securities Investment

  This service involves the fund allocating at least 80% of its net assets towards securities issued by U.S. companies, which can include common stocks, bonds, and other types of securities. The focus is on investments that exhibit potential for growth in earnings or revenue, aiming to leverage economic expansion and market trends within the United States.

• Derivatives and Similar Instruments

  The fund engages in derivatives and other financial instruments that mimic the economic characteristics of U.S. issuer securities. This can include options, futures, swaps, and other derivative products. Such investments are utilized to potentially enhance the fund's returns, manage risk, or gain exposure to certain assets or markets without directly investing in them.

• Foreign Issuer Securities Investment

  Up to 20% of the fund's net assets can be invested in securities of foreign issuers. This component allows the fund to diversify its portfolio slightly by incorporating international exposure. It entails investing in non-U.S. companies that possess potential for growth, thus leveraging opportunities in global markets and possibly mitigating risks associated with the U.S. market.