Invesco Global Growth is not what it was, and that might be a good thing. On Dec. 9, 2021, its managers were replaced by John Delano, who is from a different Invesco group, and he will run this fund identically to his other fund, Invesco Global OPPAX. As a result, this fund now receives the same People and Process ratings as Invesco Global. That results in Morningstar Analyst Ratings of Bronze for the R5 and R6 share classes and Neutral for the others.
Will AGGCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AGGCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AGGCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AGGCX’s parent organization’s priorities and whether they’re in line with investors’ interests.