Invesco Discovery Fund is a mutual fund that invests in small-cap growth stocks. The fund is managed by Invesco Ltd. and has been in operation since 1994. The fund’s objective is to provide long-term capital appreciation.
Invesco Discovery Fund has a long history of outperforming its benchmark, the Russell 2000 Growth Index. The fund has also been able to generate alpha, which is a measure of excess return over the benchmark. The fund’s success is due to its experienced management team and its focus on investing in high-quality growth companies.