The Invesco Select Risk series of allocation funds recently revamped its underlying holdings, but continued instability among the supporting analysts and a straightforward process results in a Morningstar Analyst Rating of Neutral. The most expensive share classes of the Conservative and Growth funds have been downgraded to Negative under our enhanced ratings methodology, which puts a greater focus on fees.
Invesco Select Risk: High Growth Inv R ONAIX
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will ONAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ONAIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ONAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ONAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This target-risk series was recently revamped but does not present a clear-cut edge.
