About QMGIX
Invesco Advantage International Fund Class R6 is an actively managed mutual fund focused on international equity markets. Its primary objective is capital appreciation, achieved by dynamically allocating assets across a broad spectrum of traditional and non-traditional growth investments outside the United States. The fund invests in a diversified mix of growth and value stocks across large, mid, and small-cap companies, frequently utilizing derivatives and options-based strategies to manage volatility and enhance returns. It employs a systematic, rules-based investment process, aiming to isolate key return drivers while seeking risk mitigation through exposure to defensive equities and additional hedging methods. Top holdings typically include globally recognized firms such as Taiwan Semiconductor Manufacturing, Roche, Novartis, and Alibaba, reflecting broad sector and geographic representation. The fund benchmarks its performance against the MSCI ACWI ex USA Index, underlining its commitment to global diversification. With a substantial number of holdings and a relatively high turnover ratio, it offers investors access to a wide range of companies and sectors, making it a versatile vehicle for international equity exposure in diversified portfolios.
Fund Family Invesco
Category Foreign Large Blend
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol QMGIX
Index MSCI AC World ex USA NR USD
QMGIX had a total return of 35.18% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.39%.
