Invesco Mutual Fund today announced the launch of an equity long-short fund under the brand name Summit SIF. The Summit Equity Long-Short Fund is an open-ended equity strategy investing in listed equity and equity-related instruments, including limited short exposure in equity through derivative instruments.
The new fund offer, or NFO, is open for subscription and will close on July 16. The fund will reopen for continuous sale and repurchase within five business days from the date of allotment.
