Invesco Growth Active Balanced SMA
Invesco Growth Active Balanced SMA
Asset allocation - Active balanced
At a glance
Objective
Seeks total return
Universe
Exchange-traded funds (ETFs) and exchange-traded notes seeking exposure to the following asset classes:
- Equity markets, including both developed and emerging markets
- Fixed income (developed markets only)
- Commodities, focusing on energy, precious metals, industrial metals and agriculture/livestock
Team
- Deep experience in quantitative and fundamental skill sets
- Independent experts focused on evaluating capabilities across investment centers
- Dedicated team with more than a decade of industry experience on average
Philosophy
We seek to optimize the combination of strategic and tactical allocations in a single portfolio, while ensuring that the resulting portfolio remains aligned with its risk-based mandate.
Process
Step 1: Strategic allocation
- Long-term strategic portfolios
- Access to a wide array of asset classes
- Implemented through Smart Beta exposure
- Targets pre-defined levels of risk
Step 2: Tactical allocation
- Select assets with relatively low correlations to one another
- Tactical signal generation
- Map signal to allocation ranges for each asset
Step 3: Construction
- Portfolios are constructed using an optimization process
Portfolio positioning:
- strategic allocation (70%)
- tactical allocation (30%)
