It's A Pleasure Fund gambles on fun--and offers investors a chance to play and win.
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We all know things like watching TV, chilling out on a Caribbeancruise or chugging an ice cold Heineken are enjoyable pastimes. Butwho'd have thought they'd be good long-terminvestments?
The INVESCO Leisure Fund is all about fun. It invests its assetsin things like cable companies, casinos and cruise ships. You know,the kinds of companies that manufacture, produce or bring us thethings we like to do during our spare time. And believe it or not,this fund has made its investors very happy campers.
Since its inception in 1984, the fund's average annual totalreturn to shareholders has been 19.62 percent. But newcomers havenothing to complain about either. In 1998, for instance, the fundwas up almost 30 percent. And as of March 31, the fund was up morethan 10.7 percent for the year-to-date--well ahead of other fundsin its category.
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