Invesco, manager of the Aim and PowerShares families of mutual funds, has launched the Aim Balanced-Risk Allocation Fund, an international balanced fund. Via derivatives, it will invest 60% of its assets in fixed income, 20% in equities and 20% in commodities.

Unlike other balanced funds, Scott Wolle, head of the asset allocation group at Invesco, told Bloomberg, the fund will “allocate assets differently from a traditional balanced fund. It’s thinking about how to balance risk,” regardless of the state of the economy.

Likewise, PIMCO recently debuted two balanced funds in October and November that focus on “risk diversification” rather than “asset diversification.”

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