ODIIX

About ODIIX

The Invesco Discovery Fund Class R6 is an actively managed mutual fund focused on U.S. small-cap growth equities. Its primary objective is capital appreciation, achieved by investing predominantly in small-capitalization companies that the fund managers believe possess strong growth prospects. The fund targets firms within the market capitalization range of the Russell 2000 Growth Index, often emphasizing innovative businesses at early or rapid stages of expansion. Sectors with significant influence include industrials, financial services, healthcare, consumer cyclical, and technology, as reflected in its top holdings. The portfolio is diversified, typically holding nearly 100 individual securities, with about a fifth of assets concentrated in its top ten positions. Managed by an experienced team, the fund is characterized by a relatively high turnover rate and a competitive net expense ratio. It generally appeals to institutional investors due to its share class structure and high minimum investment requirement. As part of the small growth fund category, the Invesco Discovery Fund Class R6 plays a role in offering exposure to dynamic, smaller U.S. companies within a diversified investment portfolio.