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Why the Y?
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Onawingandaprayer
Posts: 642 Forumite
I have a regular monthly investment into the Invesco Perp High Income fund. Just noticed for the last couple of months, it's got a slightly amended name - Invesco Perp High Income Y Inc.
Why the Y? Assume it's the same fund?
Why the Y? Assume it's the same fund?
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Comments
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The letter indicates the share class. You would have been written to about a change in the share class. Previously you would have had the retail bundled version. Now you have a clean share class. Class Z is the standard clean share class. Class Y is a discounted clean share class.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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