Fact sheet: Invesco European Gth Eq

Fund information
Fund name
Invesco European Growth Equity E
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund managers
  • Matt Dennissince 01/06/2004
  • Jason T Holzersince 01/06/2004
  • Clas G Olssonsince 01/06/2004
  • Borge Endresensince 01/06/2004
  • Richard Nieldsince 01/06/2004
Fund objective
The Fund’s investment objective is long- term capital growth. The Fund seeks to meet its objective by investing at least 70% of its total assets (after deducting ancillary liquid assets) in equity and equity related securities of European companies.
Benchmark
  • MSCI Europe Growth ND
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
1.9%
1 Year rank in sector
96/224
Sector
FO Equity - Europe inc UK
Yield
-
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.
2.81%
Fund size
£36m (£46m 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.
80
Top in this sector
Fund name1 Year
Mirabaud Eqts PanEur SmllMid31.5%
Schroder ISF Eur SpclSits31.2%
IVI European31.1%
JOHCM European Sel Val30.6%
Fidelity Eurp Dyn Gth29.8%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • UK40.3%
    Germany12.8%
    Money Market9.9%
    Switzerland9.1%
    Sweden6.2%
  • Financials25.1%
    Consumer Services19.7%
    Industrials18.4%
    Money Market9.9%
    Consumer Goods9%
  • UK Equities40.3%
    German Equities12.8%
    Money Market9.9%
    Swiss Equities9.1%
    Swedish Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%0.4%2.3%1.9%19.9%77.9%
Sector1%1.1%2.8%-1.3%16.8%75.5%
Rank within sector55 / 233148 / 234128 / 23096 / 22484 / 20098 / 175
Quartile1st3rd3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-3.8%14.5%5.2%18.1%17.4%
Sector-3.7%11.1%4.2%21.1%17.6%
Rank within sector118 / 22964 / 215105 / 203148 / 190120 / 179
Quartile3rd2nd3rd4th3rd
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.
1.17
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.
0.96
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.
0.33
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%.
12.48
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.
3.77
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.
0.22
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.
0.91
Price movement
52 week high23.76
52 week low19.6
Current bid price-
Current offer price-
Current mid price22.01
Region
1UK40.31%
2Germany12.8%
3Money Market9.94%
4Switzerland9.09%
5Sweden6.18%
6France6.09%
7Turkey2.96%
8Russia2.73%
9Denmark2.63%
Industry sector
1Financials25.12%
2Consumer Services19.72%
3Industrials18.41%
4Money Market9.94%
5Consumer Goods9.02%
6Health Care8.14%
7Technology5.26%
8Oil & Gas3.16%
9Basic Materials1.23%
Asset type
1UK Equities40.31%
2German Equities12.8%
3Money Market9.94%
4Swiss Equities9.09%
5Swedish Equities6.18%
6French Equities6.09%
7Turkish Equities2.96%
8Russian Equities2.73%
9Danish Equities2.63%
Individual holdings
1DCC4.13%
2BRITISH SKY BROADCASTING GRO3.22%
3SBERBANK OF RUSSIA2.73%
4DEUTSCHE BOERSE AG2.66%
5IG GROUP HLDGS2.41%
6RELX PLC2.39%
7ROCHE HLDG AG2.38%
8WPP PLC2.33%
9HACI OMER SABANCI HLDGS A.S.2.22%
Management
Fund manager group
No data available.
Fund manager company
Invesco Management S.A.
Fund type
Offshore Fund
Fund objective
The Fund’s investment objective is long- term capital growth. The Fund seeks to meet its objective by investing at least 70% of its total assets (after deducting ancillary liquid assets) in equity and equity related securities of European companies.
Benchmark
  • MSCI Europe Growth ND
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matt Dennis01/06/2004Based in Austin in the US, Matthew is responsible for the management of a number of European, global and global ex US equity portfolios. Matthew began his investment career in 1994 as an analyst on the equity strategy desk at Hoare Govett Securities in London. In 1996, he was promoted to European equity strategist at the investment banking arm of ABN AMRO (the Dutch acquirer of Hoare Govett). In 2000, Matthew was promoted to the global equity strategy desk of ABN AMRO and, in the autumn of that year, returned from the UK to join Invesco as senior portfolio analyst on Invesco Fundamental Equities international (Europe/Canada) investment management team, focusing primarily on non-US based large- and mid-cap stocks. He assumed his current duties in 2003. Matthew earned a BA in Economics form the University of Texas at Austin and a MSc degree in finance from Texas A&M University. He holds the Chartered Financial Analyst® (CFA®) designation.
Jason T Holzer01/06/2004Based in Austin in the US, Jason is responsible for the management of a number of European and global ex US equity portfolios. Jason began his investment career as an associate with JMB Realty in 1994 and joined our company in 1996 as a senior analyst, assuming his portfolio management duties in 1999. A Houston, Texas native, he earned a BA degree in quantitative economics and a MSc degree in engineering-economic systems from Stanford University. He holds the Chartered Financial Analyst® (CFA®) designation.
Clas G Olsson01/06/2004Based in Austin in the US, Clas is Chief Investment Officer of Invesco's International Growth Investment Management Unit in the US and responsible for the management of a number of global equity portfolios. Clas joined the company in 1994 as an investment officer and international portfolio analyst and was promoted to portfolio manager in 1997. Prior to joining Invesco, Clas was a regional manager of Atlas Resor and a communications officer in the Royal Swedish Navy. A native of Vasteras, Sweden, he became a commissioned naval officer at the Royal Swedish Academy and is now CIO of Invesco's International Growth Investment Management Unit in the US and a senior portfolio manager. Clas received a BA in business administration from the University of Texas at Austin.
Borge Endresen01/06/2004Based in Austin in the US, Borge is responsible for the management of a number of European, global and global ex US equity portfolios. Borge joined the company in 1999 having previously been an associate financial consultant with Merrill Lynch. A native of Stavanger, Norway, Borge graduated summa cum laude from the University of Oregon with a BSc degree in finance. He also earned a MBA degree from the University of Texas at Austin. He holds the Chartered Financial Analyst® (CFA®) designation.
Richard Nield01/06/2004Based in Austin in the US, Richard joined the company in July 2000 after serving as senior analyst with Ontario Teacher's Pension in Toronto. Richard also was a senior analyst with OMERS Pension Fund. Previously he spent three years as an associate investment advisor in retail sales for Canadian broker RBC Dominion Securities. He assumed his current duties in 2003. He earned a Bachelor of Commerce degree in finance and international business from McGill University in Montreal. He holds the Chartered Financial Analyst® (CFA®) designation.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Greece, Hong Kong, Ireland, Italy, Jersey, Luxembourg, Macau, Netherlands, Norway, Offshore, Portugal, Sweden, Taiwan - Province Of China
Invesco European Growth Equity A
Initial charge5.26%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.06%
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price24.08
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGV57
Invesco European Growth Equity C
Initial charge5.26%
Annual charge1%
Min single investment£800,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price25.59
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGV62
Invesco European Growth Equity E
Initial charge3.09%
Annual charge2.25%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.81%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price22.01
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGV63
Invesco European Growth Equity Z Annual Dis EUR
Initial charge5.26%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.7
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFARD
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