Invesco closes Pan European responsible equity fund to new investors

Invesco's Luxembourg office has closed to new investors its Invesco Pan European Structured Responsible Equity Fund, which has €14m of assets under management. 

In a statement, the directors of the SICAV said they had "resolved to close the Invesco Pan European Structured Responsible Equity Fund to new investors with effect from 14th September,12:00 noon Irish time".

The statement said existing investors in the fund may buy additional shares of the fund, continue to redeem normally in accordance with the provisions of the prospectus and switch to other sub-funds in the SICAV range or switch between existing share classes of the Fund.

The Fund will continue to be closed for new investors with no subscriptions or switches in being permitted.

It added that additional details about Invesco's plans for the Fund will be communicated to  impacted clients in due course.