Fact sheet: Invesco Emg Mkts Corp Bd

Fund information
Fund name
Invesco Emerging Market Corporate Bond R Monthly Dis USD
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Rashique Rahmansince 18/08/2015
  • Jorge Ordonezsince 18/08/2015
  • Michael Hymansince 12/10/2016
Fund objective
The objective of the Fund is to achieve a high income yield and long-term capital appreciation by investing primarily in debt securities of emerging market corporate issuers.
Benchmark
  • JP Morgan CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.5%
1 Year rank in sector
147/217
Sector
FO Fixed Int - Emerging Markets
Yield
6%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2.53%
Fund size
£145m (£150m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
78
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$35.7%
Rubrics Ind Fxd Inc UCITS30.6%
Pictet Lat Am Lcl Cur Dt28.5%
Schroder ISF EmgMktBd27.9%
Pioneer SICV-Emg Mkt Bd26.5%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others46.5%
    Brazil10.4%
    Russia9.8%
    Argentina6.4%
    Peru6.4%
  • Government Bonds41.6%
    Industrials39.9%
    Financials11.1%
    Money Market4.1%
    Utilities3.3%
  • Global Fixed Interest46.5%
    Brazilian Fixed Interest10.4%
    Russian Fixed Interest9.8%
    American Emerging Fixed Interest9.5%
    Peruvian Fixed Interest6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-2.2%2.1%3.5%9.6%26.6%
Sector-4.4%-3.7%2.2%5.5%-0.2%5.4%
Rank within sector53 / 22662 / 22481 / 222147 / 21769 / 17026 / 100
Quartile1st2nd2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6%-1%4.3%-4.3%19.6%
Sector7.9%-7.3%-0.6%-7%14.7%
Rank within sector148 / 21961 / 20352 / 17337 / 12710 / 101
Quartile3rd2nd2nd2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
3.08
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.64
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.3
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.54
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.89
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.8
Price movement
52 week high10.35
52 week low9.6
Current bid price-
Current offer price-
Current mid price9.95
Region
1Others46.5%
2Brazil10.4%
3Russia9.8%
4Argentina6.4%
5Peru6.4%
6China5.9%
7Money Market4.1%
8India3.8%
9Mexico3.6%
Industry sector
1Government Bonds41.6%
2Industrials39.9%
3Financials11.1%
4Money Market4.1%
5Utilities3.3%
Asset type
1Global Fixed Interest46.5%
2Brazilian Fixed Interest10.4%
3Russian Fixed Interest9.8%
4American Emerging Fixed Interest9.5%
5Peruvian Fixed Interest6.4%
6Chinese Fixed Interest5.9%
7Money Market4.1%
8Indian Fixed Interest3.8%
9Mexican Fixed Interest3.6%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to achieve a high income yield and long-term capital appreciation by investing primarily in debt securities of emerging market corporate issuers.
Benchmark
  • JP Morgan CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Rashique Rahman18/08/2015Rashique Rahman is the Head of Emerging Markets (EM) for Invesco Fixed Income. Mr. Rahman joined Invesco in 2014, and throughout his career has led or been an integral part of various EM strategy and research teams. Previously, Mr. Rahman was co-head of Global Foreign Exchange and Emerging Markets Strategy at Morgan Stanley, leading the global EM fixed income and currency effort. Prior to this, he led global strategy for EM at HSBC, based in New York. He has also held positions at Citigroup, both as a senior EM strategist and as principal trader, based in London. He worked as a portfolio manager for local EM (rates/FX) at Armored Wolf, a US-based multi-asset alternative asset manager. His background also includes work as a sovereign analyst at Standard & Poor's in the sovereign ratings group. Mr. Rahman earned an MBA and MA at Columbia University and did his undergraduate work at UCLA.
Jorge Ordonez18/08/2015Jorge Ordonez joined Invesco in 2015. Previously, he was a managing director for emerging market corporate investments at Claren Road Asset Management LLC. Before joining Claren Road, he was a desk analyst for Latin American corporate trading with Morgan Stanley & Co. and a managing director for Chinook Capital Partners LLC/Telio LLC, where he was focused on energy and Latin American corporates. Jorge has held investment and trading related roles at Xcel Energy Inc. and General Electric Capital Corp., and investment banking and advisory roles at Deutsche Bank Alex Brown Inc., Lehman Brothers Inc. and Babcock & Brown Inc. He began his career in 1985 at the Union Bank of Switzerland. Jorge earned a BA degree in economics from Haverford College and an MBA with a concentration in finance from the Tuck School of Business at Dartmouth.
Michael Hyman12/10/2016Michael Hyman is Chief Investment Officer, Global Investment Grade and Emerging Markets. In his previous role Michael was Head of Investment Grade Portfolio Management for IFI. Prior to joining Invesco in 2013, Michael was with ING Investment Management and ING Institutional Markets for 12 years. At ING, he was head of investment grade corporate credit with responsibility for managing a variety of investment grade credit-related portfolios, including insurance, mutual fund and institutional separate account mandates. Preceding ING, Michael was a director of capital markets for GE Capital, where he was responsible for securitization and derivative structuring. He also held trading and risk management positions at Societe Generale and Yasuda Trust and Bank. He entered the industry in 1991. Michael earned his BSE in finance from Pennsylvania State University, and his MBA from the Stern School of Business at New York University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Jersey, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Invesco Emerging Market Corporate Bond A Acc USD
Initial charge5.26%
Annual charge1.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price12.966
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDR5
Invesco Emerging Market Corporate Bond A Hedged Acc CHF
Initial charge5.26%
Annual charge1.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9013
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTHC
Invesco Emerging Market Corporate Bond A Hedged Acc SEK
Initial charge5.26%
Annual charge1.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.6115
CurrencySEK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFC9X
Invesco Emerging Market Corporate Bond A Hedged EUR
Initial charge5.26%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price12.693
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDS0
Invesco Emerging Market Corporate Bond A Monthly Dis USD
Initial charge5.26%
Annual charge1.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price9.9407
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNDR6
Invesco Emerging Market Corporate Bond C Hedged Acc CHF
Initial charge5.26%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9936
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTGI
Invesco Emerging Market Corporate Bond C Hedged Annual Dis USD
Initial charge5.26%
Annual charge1%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.765
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEA4R
Invesco Emerging Market Corporate Bond C Hedged EUR
Initial charge5.26%
Annual charge1%
Min single investment£800,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price13.1314
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNDS1
Invesco Emerging Market Corporate Bond C Monthly Dis USD
Initial charge5.26%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3254
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE5LA
Invesco Emerging Market Corporate Bond C USD
Initial charge5.26%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price13.408
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNDR7
Invesco Emerging Market Corporate Bond E Hedged EUR
Initial charge3.09%
Annual charge2%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)2.44%
Bid price-
Offer price-
Mid price12.3469
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDR8
Invesco Emerging Market Corporate Bond E Hedged Monthly Dis EUR
Initial charge3.09%
Annual charge2%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.0517
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFLIX
Invesco Emerging Market Corporate Bond R Monthly Dis USD
Initial charge-
Annual charge1.5%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.53%
Total expense ratio (TER)2.64%
Bid price-
Offer price-
Mid price9.9481
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNDR9
Invesco Emerging Market Corporate Bond Z Hedged Annual Dis EUR
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0693
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAQY
Data provided by

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