Fund Objective

The Invesco Perpetual US Aggressive Fund aims to achieve long term capital growth from investment in North America.

View on Past Performance

US stockmarket returns diverged in another volatile month. The Dow Jones Industrial Average rose by 0.2%, but the broader S&P 500 index fell by 0.4% (£, total return). The technology-orientated Nasdaq and smaller companies Russell 2000 indices climbed by 0.4% (£, price only) and 0.5% (£, total return), respectively.The major story was the near-collapse of investment bank Bear Stearns as a result of running out of liquidity as counterparties withdrew shortterm lending. Bear Stearns was subsequently purchased by commercial bank JP Morgan Chase at a low price, with the help of financing from the US Federal Reserve (Fed).

Fund Details