HEAD-TO-HEAD: Invesco vs Jupiter

123456

Conclusion

Both the Invesco and Jupiter funds receive a Morningstar analyst rating of Silver. For its star ratings, Invesco receives five stars, while Jupiter receives four.

Morningstar’s analyst rating is a forward-looking analysis of a fund, while the star rating looks at historical risk-adjusted performance.

Caquineau did not say whether he prefers one fund over the other and instead turned to their analyst ratings.

“Both funds are rated Silver, which is the second highest in the rating scale, which means we have a very high conviction that those funds will do well in the long-run and we believe that these funds will be able to beat the benchmark and their peers over time,” he said.

Caquineau said that it comes down with investor appetite.

“The Invesco would be a better option for investors who are more risk averse and who are looking for a fund that would help them when markets are down,” he said.

However, Caquineau noted that he is closely looking at the size of the fund, which currently has €5.4bn ($6.14bn) in assets.

“It used to be €7bn, but it has been reduced in the past couple of years. But it is still something we are keeping an eye on. Given that the fund is invested in mid-caps to a large extent, the fund size could be problematic at some point for liquidity reasons,” he said.

The Jupiter product is an option worth considering for investors who have a higher risk appetite and who are comfortable with just one fund manager making the calls, he added.

123456