AIM Trimark Investments today announced the launch of Invesco Global Real Estate Fund.

AIM Trimark says the new fund provide investors with enhanced diversification, “as global real estate has historically been an excellent portfolio diversifier, given its low correlation to the returns of traditional asset classes.”

The fund invests primarily in securities of real estate and real estate-related companies, including real estate investment trusts (REITs) from around the world. The fund focuses on total return through a combination of capital growth and income.

“We are pleased to make this new investment solution available to investors by leveraging the global expertise of our partners within Invesco,” says Phil Taylor, senior managing director and head of Invesco Plc’s North American retail business, including AIM Trimark.

With almost 200 employees worldwide, Invesco’s Real Estate team has specialized in real estate investing since 1983 and manages over US$31.7 billion in assets, of which US$9.1 billion is in real estate securities.

Investors looking for steady monthly cash flow can take advantage of AIM Trimark’s tax-efficient flexible distribution series (T-FLEX), which offers the choice of a 4%, 6% or 8% annual target distribution level.

AIM Trimark is one of Canada’s largest investment management companies, with approximately $48.2 billion in assets under management.