14 important things you should know about Invesco AGGAX mutual fund

Updated: June 27, 2020
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Before we start: if you’re looking for AGGAX “stock” price, you can quickly find it out by visiting Finny and typing "AGGAX quote". If you’re looking for a quick scoop on AGGAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AGGAX". You’ll get all this info in one place.

Are you looking to buy or sell AGGAX? Or perhaps you’re looking for AGGAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AGGAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AGGAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AGGAX buy or sell; the pros and cons of investing in AGGAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AGGAX.

And here is the list of questions we’ll answer:

  1. Describe AIM International Mutual Funds (Invesco International Mutual Funds): Invesco Global Growth Fund; Cl A Shs (AGGAX).
  2. What are AGGAX holdings?
  3. What is AGGAX performance? What are AGGAX historical returns?
  4. How many up and down years did AGGAX have historically?
  5. What is AGGAX dividend yield?
  6. What is AGGAX minimum initial investment amount?
  7. What is AGGAX expense ratio?
  8. Does AGGAX have any sales loads or 12b-1 distribution expenses?
  9. What is AGGAX tax efficiency (tax-cost ratio)?
  10. What is AGGAX beta? How would you assess AGGAX risk?
  11. What is AGGAX Sharpe ratio?
  12. What is AGGAX Finny Score? AGGAX buy or sell?
  13. What are the pros of investing in AGGAX? What are AGGAX buy reasons?
  14. What are the cons of investing in AGGAX? What are AGGAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AIM International Mutual Funds (Invesco International Mutual Funds): Invesco Global Growth Fund; Cl A Shs (AGGAX).

The Fund seeks to provide long-term growth of capital. The Fund seeks to achieve its objective by investing in a portfolio of global (i.e., U.S. and foreign) equity securities of selected companies that are considered by the Fund's investment advisor to have strong earnings momentum.

2. What are AGGAX top holdings?

AGGAX has 76 stock holdings and 0 bond holdings.

The top 10 holdings represent 21.60% of total assets. Here are the top holdings:

Name Symbol % Assets
Apple Inc AAPL 3.14%
Philip Morris International Inc PM 2.58%
Alibaba Group Holding Ltd ADR BABA 2.16%
Taiwan Semiconductor Manufacturing Co Ltd 2330.TW 2.10%
Booking Holdings Inc BKNG 2.06%
Clinigen Group PLC CLIN.L 2.06%
FinecoBank SpA FBK.MI 1.92%
SAP SE SAP.DE 1.87%
CGI Inc Class A GIB.A.TO 1.86%
Las Vegas Sands Corp LVS 1.85%

3. What is AGGAX performance? What are AGGAX historical returns?

AGGAX has generated the following returns:

  • 1-month return is 7.82%;
  • 3-month return is -11.81%;
  • 1-year return is -0.47%;
  • 3-year return is 2.57%;
  • 5-year return is 2.65%;
  • 10-year return is 7.27%;
  • 15-year return is 5.95%.

4. How many up and down years did AGGAX have historically?

In the last 10 years, AGGAX had 7 up years and 3 down years.

5. What is AGGAX dividend yield?

AGGAX yield is 0.91%.

6. What is AGGAX minimum initial investment amount?

AGGAX minimum initial investment amount is $1.00K.

7. What is AGGAX expense ratio?

AGGAX expense ratio is 1.23%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does AGGAX have any sales loads or 12b-1 distribution expenses?

AGGAX 12b-1 distribution fee is 0.25. AGGAX front-end sales load is 5.5. AGGAX back-end sales load is 0.

9. What is AGGAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 2.1%;
  • 3-year ax cost ratio is 1.46%.

10. What is AGGAX beta? How would you assess AGGAX risk?

  • 3-year beta is 0.96;
  • 5-year beta is 0.92;
  • 10-year beta is 0.88.

11. What is AGGAX Sharpe ratio?

  • 3-year Sharpe ratio is -0.10;
  • 5-year Sharpe ratio is 0.04;
  • 10-year Sharpe ratio is 0.40.

Analysis

12. What is AGGAX Finny Score? AGGAX buy or sell?

AGGAX Finny Score is 38. Our quantitative analysis shows 3 reasons to buy AGGAX and 5 reasons to sell it, resulting in the Finny Score of 38.

13. What are the pros of investing in AGGAX? What are AGGAX buy reasons?

The following are AGGAX strengths from our perspective:

  • AGGAX 10-year return is 7.27%, which is in line with the 10-year return of the benchmark index (MSCI ACWI NR USD), 7.47%.
  • AGGAX 15-year return is 5.95%, which is in line with the 15-year return of the benchmark index (MSCI ACWI NR USD), 6.05%.
  • AGGAX 10-year Beta is 0.88, which is inversely correlated with the index (MSCI ACWI Ex USA NR USD). The could be good if you're trying to hedge your portfolio.

14. What are the cons of investing in AGGAX? What are AGGAX negatives?

The following are AGGAX weaknesses from our perspective:

  • AGGAX net assets are $307.80 million. This fund is not a popular choice with retail investors.
  • AGGAX 3-year return is 2.57%, which is lower than the 3-year return of the benchmark index (MSCI ACWI NR USD), 4.21%.
  • AGGAX 5-year return is 2.65%, which is lower than the 5-year return of the benchmark index (MSCI ACWI NR USD), 4.32%.
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.5%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
  • AGGAX expense ratio is 1.23%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AGGAX review, we covered AGGAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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