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
9.2%
1 Year rank in sector
180/219
Sector
FO Fixed Int - Emerging Markets
Yield
6.1%
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
£136m (£144m 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$63.2%
Pictet Lat Am Lcl Cur Dt44.5%
Schroder ISF EmgMktBd40%
Old Mutual Em Mt Dt39.1%
Ashmore EMHghYldCrDb36.9%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others47.2%
    Brazil12.4%
    Russia10.9%
    China6%
    Argentina5.7%
  • Industrials44%
    Government Bonds43.4%
    Financials10.2%
    Utilities2.7%
    Money Market-0.3%
  • Global Fixed Interest47.2%
    Brazilian Fixed Interest12.4%
    Russian Fixed Interest10.9%
    American Emerging Fixed Interest10.1%
    Chinese Fixed Interest6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%-0.1%1.2%9.2%11.3%27%
Sector1.9%-1.8%-0.4%13.4%2.6%8.2%
Rank within sector150 / 22741 / 22657 / 222180 / 21979 / 17431 / 101
Quartile3rd1st2nd4th2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.1%7.2%-1%4.3%-4.3%
Sector0.9%10.2%-7.3%-0.6%-7%
Rank within sector101 / 227170 / 21962 / 20255 / 17333 / 128
Quartile2nd4th2nd2nd2nd
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.
3.07
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.
-
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%.
5.33
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.
3.56
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.
0.82
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.
0.81
Price movement
52 week high10.35
52 week low9.6
Current bid price-
Current offer price-
Current mid price10.14
Region
1Others47.2%
2Brazil12.4%
3Russia10.9%
4China6%
5Argentina5.7%
6Peru5.1%
7Colombia4.4%
8India4.4%
9Mexico4.2%
Industry sector
1Industrials44%
2Government Bonds43.4%
3Financials10.2%
4Utilities2.7%
5Money Market-0.3%
Asset type
1Global Fixed Interest47.2%
2Brazilian Fixed Interest12.4%
3Russian Fixed Interest10.9%
4American Emerging Fixed Interest10.1%
5Chinese Fixed Interest6%
6Peruvian Fixed Interest5.1%
7Indian Fixed Interest4.4%
8Mexican Fixed Interest4.2%
9Money Market-0.3%
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 price13.2759
CurrencyUSD
Price updated16/01/2017
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 price10.1034
CurrencyCHF
Price updated16/01/2017
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 price114.9452
CurrencySEK
Price updated16/01/2017
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 price12.9638
CurrencyEUR
Price updated16/01/2017
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 price10.1359
CurrencyUSD
Price updated16/01/2017
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 price10.2053
CurrencyCHF
Price updated16/01/2017
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 price9.9807
CurrencyEUR
Price updated16/01/2017
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 price13.4215
CurrencyEUR
Price updated16/01/2017
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 price10.5263
CurrencyUSD
Price updated16/01/2017
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 price13.7385
CurrencyUSD
Price updated16/01/2017
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 price12.6043
CurrencyEUR
Price updated16/01/2017
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 price9.2019
CurrencyEUR
Price updated16/01/2017
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 price10.1406
CurrencyUSD
Price updated16/01/2017
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 price10.2936
CurrencyEUR
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFAQY
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.