Overview
Description
The Invesco Discovery Mid Cap Growth Fund Class R6 is an open-end mutual fund focused on achieving capital appreciation through investments in mid-cap U.S. growth stocks. This fund typically allocates at least 80% of its net assets to equity securities of mid-sized companies, primarily those exhibiting above-average growth potential, as defined by the market capitalization range of the Russell Midcap Growth Index. Managed by an experienced investment team employing rigorous fundamental analysis and a bottom-up stock selection process, the fund seeks to identify industry leaders and innovators in their early or rapid growth phases. With a diversified portfolio across sectors such as health care, information technology, and industrials, the fund aims to capture opportunities driven by technological innovation and evolving market trends. The fund is designed for institutional investors, as reflected in its Class R6 share structure, which provides access to investments with no sales charges and a competitive expense ratio. Through its targeted approach, the Invesco Discovery Mid Cap Growth Fund Class R6 plays a significant role in offering exposure to often underrepresented mid-cap growth companies within diversified investment portfolios.
About
Instrument type
Mutual fund
Country
United States
MIC code
XNMS