CAVU Securities launches new money market portfolios
CAVU Securities (CAVU), a registered broker dealer and Minority Business Enterprise (MBE), has launched three shares classes delivered by Invesco Global Liquidity.
The new product offerings include the CAVU Securities Treasury Portfolio (CVTXX), the CAVU Securities Government & Agency Portfolio (CVGXX) and the CAVU Securities Liquid Assets Portfolio (CVPXX). These products deliver the deep institutional experience, expertise, scale and investment track record of Invesco while also serving as a solution to treasurers and cash management investors who share CAVU’s focus on and commitment to making an impact via Environmental, Social and Corporate Governance (ESG) directives. The new share classes seek to maximise current income within a framework geared to maximum safety of principal and liquidity.
CAVU Securities recognises the fact that, as a financial intermediary, we help facilitate the flow of capital and provide unusual access for investors in helping them to fulfil ESG mandates and realise ESG goals. Since its beginnings, CAVU has been committed, through its actions and monetary giving, to driving positive impact within minority and veteran constituencies as well as the community at large. The introduction of these share classes represents CAVU’s continuously evolving actions to support its clients within this framework.
“We are excited to join with Invesco to bring best in class asset management to our clients. By investing in the CAVU Securities Share Classes, investors will be able to drive diversity and inclusion across the business landscape as well as training and support for our country’s military veterans. As a corporate policy, CAVU will commit to giving, on an ongoing basis, a portion of the economic benefits it receives in the relationship with Invesco to organisations that fulfil universally important ESG mandates,” says CAVU’s CEO Greg Parsons.
“Invesco looks forward to working with CAVU to offer industry leading investment strategies to its constituents,” says Frank Dotro, Head of Global Liquidity Distribution for North America, Invesco. “We are excited for their three new share classes that follow our primary objective of preserving principal and liquidity, while seeking to deliver a competitive yield.”