New fund of funds bets on global spending SECTIONS Share Synopsis The NFO is currently open and closes on December 18. The scheme, a feeder fund, will invest Invesco Global Consumer Trends Fund, a 22-year-old fund with assets of $2.6 billion that invests 70% - 100% of its assets in consumer discretionary companies. ThinkStock Photos MUMBAI: Investors looking to bet on the ongoing digital revolution in consumer spending could consider the New Fund Offer of Invesco India - Invesco Global Consumer Trends Fund of Fund. But, investing lumpsum in this product could be avoided at this juncture given the run up in shares of many of such companies. Wealth advisors said investors could opt for the Systematic Investment Plan (SIP) route till share prices correct.