New fund of funds bets on global spending - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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New fund of funds bets on global spending

The NFO is currently open and closes on December 18. The scheme, a feeder fund, will invest Invesco Global Consumer Trends Fund, a 22-year-old fund with assets of $2.6 billion that invests 70% - 100% of its assets in consumer discretionary companies.

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